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As vehicle technology continues to advance, the future of TPMS looks promising. Innovations in sensor technology and data communication can lead to even greater accuracy and efficiency. For example, advancements in wireless technology may enable tires to communicate with the vehicle's computer systems more effectively. Furthermore, the integration of TPMS with other vehicle diagnostic systems will provide a holistic view of vehicle health.


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The level of competition within the automotive sector dramatically affects car prices. A highly competitive market can drive prices down as manufacturers compete for consumer attention. Conversely, in markets with few major players, companies may have more leeway to set higher prices. The emergence of startups in the EV space has added layers of competition to traditional automakers, which can affect pricing strategies across the board.


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