Persistence Market Research digs deep into the global TPMS battery market and fetches key information through structured market research. The report reveals that the CR-type battery will dominate the market and is estimated to hold more than an 80% market value share.
It is expected to grow with a CAGR (Value) of 8.4% by the end of the forecast period 2026. The present estimated value of the global TPMS Battery market is more than US$ 451.6 Mn in 2018 and the market will expand with a CAGR of 8.2% to reach US$ 847.4 Mn by the end of 2026.
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Global TPMS Battery Market: Competitive Landscape
Some of the key market participants reported in this study of the global TPMS battery market include Murata Manufacturing Co., Ltd., Panasonic Corporation, Maxell, Ltd., Duracell Inc., The Swatch Group (Renata SA), BE-Power GmbH, EVE Energy Co., Ltd., Guangzhou Mai Sheng Energy Technology Co Ltd, Suzhou South Large Battery Co., Ltd. and Shenzhen Pkcell Battery Co., Ltd.