AUTOMOTIVE TIRE PRESSURE MONITORING SYSTEM MARKET ANALYSIS

Market News

Global Automotive Tire Pressure Monitoring System (TPMS) Market - Recent Developments

• In 2022, Continental AG, a leading Germany-based automotive manufacturing company specializing in the production of tires, brake systems, and various automotive technologies, announced its intelligent tire monitoring system. Specially developed for CombineMaster and CombineMaster VF tires. This advanced system is designed to continuously monitor and provide real-time tire pressure and temperature data to improve safety, efficiency, and productivity in agricultural applications. ContiPressureCheck provides a comprehensive tire management solution to meet the critical need of accurately monitoring combine tire pressure and temperature. By continuously monitoring tire conditions, the system prevents problems such as under-inflation, over-inflation, and overheating that can lead to tire damage, poor performance, and even potential accidents. The system consists of intelligent sensors built into the tire that constantly measure tire pressure and tire temperature. The sensors transmit data wirelessly to a central receiving unit installed within the vehicle. From there, the information is displayed in a user-friendly interface, giving the operator an instant understanding of tire condition and performance. One of the main benefits of ContiPressureCheck is its ability to provide operators with real-time alerts when abnormal tire conditions occur. This early warning system enables rapid action to prevent potential tire damage, reduce downtime and optimize operational efficiency. By maintaining optimal tire pressure, the ContiPressureCheck system helps improve fuel efficiency, minimize soil compaction, and improve traction and stability, thereby positively impacting crop yield and overall machine performance. In addition, proper tire management helps extend tire life and reduce maintenance costs, making it a valuable investment for your farm. This new addition to the TPMS market sets standards within the market and also contributes towards the growth of the market.
• In February 2022, Continental AG announced a strategic initiative to improve its security solutions dedicated to the Indian market. Recognizing that India is the world's largest two-wheeler market, Continental has provided affordable and intelligent safety technology to improve road safety and rider protection. As part of this effort, Continental focused on the development and implementation of advanced driver assistance systems (ADAS) and tire pressure monitoring systems (TPMS), among other innovative solutions. ADAS technology is designed to assist drivers by providing additional safety features and improving situational awareness on the road. The ADAS solution by Continental is aimed at managing common road hazards and potential crash scenarios. These systems use state-of-the-art sensors, cameras and radar to detect and analyze the environment including vehicles, pedestrians, and obstacles. By continuously monitoring road conditions, ADAS technology provides drivers with real-time alerts and warnings, enabling them to make informed decisions and take appropriate actions to avoid accidents. By promoting proper tire maintenance and identifying tire problems early, a TPMS can help ensure safer driving and extend tire life. 
• In February 2022, Jaipur-based start-up Fleeca India Private Limited made a major breakthrough with the launch of Fleeca Kawach, India's first AI-powered intelligent truck tire pressure monitoring system 'TPMS'. This TPMS technology aims to improve the safety and efficiency of truck operations by enabling real-time monitoring of tire pressure and other critical parameters. The Fleeca Kawach features a rim-mounted electronic system that uses artificial intelligence (AI) algorithms to continuously monitor wheel speed and analyze signals from external sources. This approach allows the system to collect comprehensive data on tire performance and quickly identify potential problems. Fleeca Kawach helps truck drivers and fleet managers maintain optimal tire conditions by monitoring tire pressure in real-time. It provides alarms and warnings when tires deviate significantly from recommended tire pressure, enabling proactive maintenance and preventing problems associated with under or over-inflation. By solving these problems quickly, Fleeca Kawach reduces the risk of accidents, improves fuel economy, and extends tire life. 
• In December 2021, Japanese tire and rubber giant Sumitomo Rubber Industries, Ltd. announced the start of proof-of-concept testing of its new tire pressure management solution service. Shin-Idemitsu Co., IDEX Auto Japan Co., Ltd., Tripod Works Co., Ltd. Dunlop Tire Express Co., Ltd. (one of Sumitomo's tire sales subsidiaries) aims to enable remote monitoring of tire pressure and temperature. The Kobe-based company explained that the purpose of this field trial is to evaluate the effectiveness of the service in promoting safe driving and reducing maintenance time and effort. Sumitomo Corporation aims to establish a business model that contributes to overall driving safety and economic efficiency by taking measures to avoid driving errors and improve driving safety and economic efficiency. In the demonstration experiment, the new service will be introduced to 30 vehicles of the vehicle leasing business "Rakunori" operated by Shin Idemitsu, and 500 vehicles of the vehicle rental business "Budget Rental" operated by Idex Auto Japan. Car” has stores in Fukuoka, Miyazaki, and Kagoshima prefectures in the Kyushu region. This innovative service allows users to remotely access and view data collected by tire pressure monitoring systems (TPMS). Attached to each tire. This service uses cloud technology to easily monitor tire conditions from anywhere in the world. This not only reduces the time and effort required for tire maintenance, but also maintains optimal tire pressure, contributing to improved fuel efficiency, safe driving, and a sense of security. Through this joint project, Sumitomo Rubber Industries hopes to collect valuable knowledge and evaluate the practicality and effectiveness of the new service. By incorporating user feedback and evolving the solution, the company aims to develop a robust and reliable tire pressure management service that positively impacts safety, economy and the overall driving experience.