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Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Tire Pressure Monitoring System (TPMS) Market Size : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global tire pressure monitoring system (TPMS) market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 9% during 2021-2026. A tire pressure monitoring system (TPMS) is an electronic system that is utilized to monitor the air pressure present in a vehicle’s tire while reflecting the reading on the display screen in real-time. They are widely employed to analyze po…