Global Tire Pressure Monitoring System Market 2011-2015:MarketResearchReports.biz
TechNavio's analysts forecast the Global Tire Pressure Monitoring System market to grow at a CAGR of 6.69 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing number of passenger safety initiatives by governments across the globe. The Global Tire Pressure Monitoring System market has also been witnessing the increasing adoption of direct tire pressure monitoring systems. However, a few product-related issues could pose a challenge to the growth of this market.
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