In 2012, the scale of China’s TPMS market was CNY 1.4 billion, and this number is expected to exceed CNY 1.5 billion in 2013. Although China’s TPMS market has maintained rapid growth in recent years, the market scale is still relatively small compared with other automotive electronics products (such as EMS, ABS, automotive audio, airbags and auto instruments), and this industry is still in the initial stage of development.
As of 2012, there were nearly 200 TPMS manufacturers in China, but the technology level is uneven; only few manufacturers, such as Baolong, Kysonix, Top Sun, State and Taihao can achieve mass production. In addition to TPMS, most of the enterprises also produce reversing radars, GPS navigations, alarms, central locking systems and a series of automotive electronics products. The corporate strength, scale, and technology level are in different levels; most of the enterprises rely on the foreign TPMS development platforms and production lines to carry out production. Less than 20% of the enterprises own independent design and production capacity and rare of them have ability to achieve mass production.
At present, the domestic TPMS assembly rate is still very low, which was only 9.65% in 2012. As for the TPMS market capacity, the capacity in China’s TPMS market was 340,000 units in 2006, and it increased to 1.86 million units by 2012, the average annual growth rate reached 27.5%.
Huidian Research believes that with the continuous development of China’s auto industry and the gradual strengthening of residents’ safety awareness, coupled with the mandatory policies in the future, TPMS market will usher in a great market opportunity. In H2 of 2013, the growth rate of auto market will be lower than the growth rate in H1, but the overall market will still maintain a steady growth, and the assembly rate will be obviously higher than 2012, which is expected to exceed 10%.
1. Brief Introduction of TPMS
1.1 Definition and Classification
2. Development Situation of Global TPMS Industry
2.1 Development in the United States
2.2 Development in Japan and Europe
2.3 Overview of Global TPMS Industry
3. Environment of China’s TPMS Industry
3.1 Economic Development Environment
3.1.3 Investment in the Fixed Assets
3.1.4 Total Import and Export Amount and Growth Rate
3.2 Industry Policies
4. Status Quo of China’s TPMS Industry
4.1 Industry Operation
4.2 Industry Characteristics
4.3 Supply Capacity
4.3.1 Status Quo of Supply
4.3.2 Factors Affecting the Supply
4.4 Market Demand
4.4.1 Status Quo of Demand
4.4.2 Factors Affecting the Demand
5. Economic Operation of Main Downstream Application Industries
5.1 Auto Industry
5.1.1 Development Status
5.1.2 Industry Scale
5.2 Motorcycle Industry
6. Analysis of TPMS Market
6.1 Number and Structure of Enterprises
6.2 Market Scale
6.3 Industrial Development Concentration
7. Main Enterprises in China’s TPMS Industry
7.1 Shanghai Baolong Automotive Corporation
7.1.1 Company Profile
7.2 Nanjing Top Sun Technology Co., Ltd.
7.2.1 Company Profile
7.3 State Auto Electronic Co., Ltd.
7.3.1 Company Profile
7.4 Shanghai Taihao Electronic Technology Co., Ltd.
7.4.1 Company Profile
7.5 Kysonix Inc.
7.5.1 Company Profile
8. Technology Development of TPMS Industry
8.1 Status Quo
8.2 Methods for the Technology Improvement
9. Future Development Trend of China’s TPMS Industry
9.1 Forecast of Macro-environment
9.1.1 Economic Operation
9.1.2 Development of Auto Industry
9.2 Future Development Trend of TPMS Industry
10. Investment Suggestions from the Industrial Experts
10.2 Development Suggestions