TPMS trends in emerging markets
The US mandated TPMS installation in new cars some time ago and we and we all know that the same will happen in Europe in November this year, but what about the emerging markets? Ask any market analyst and you will learn that China in particular is set to overtake the US and become the world’s largest economy in the next few years. Many sources suggest the People’s Republic is already there in terms of car production and – as a consequence – tyre manufacturing. So what about TPMS take-up and manufacturing infrastructure in this market in particular?