The global Tire Pressure Monitoring Sensor (TPMS) System market was valued at US$ 6200 million in 2023 and is anticipated to reach US$ 11480 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.
The driving factors for the use of Tire Pressure Monitoring Sensor (TPMS) systems include:
1. Safety: TPMS systems play a crucial role in ensuring vehicle safety by monitoring tire pressure in real-time. They alert drivers to any significant deviations from the recommended tire pressure, helping to prevent underinflated or overinflated tires, reducing the risk of accidents, and improving overall road safety.
2. Tire performance and longevity: TPMS systems contribute to optimal tire performance and longevity. By monitoring tire pressure, they help maintain the correct tire inflation, which leads to improved traction, handling, and braking performance. Proper tire inflation also helps prevent uneven wear, extending tire lifespan.
3. Fuel efficiency: TPMS systems aid in maximizing fuel efficiency by promoting proper tire inflation. Underinflated tires can increase rolling resistance, which requires more energy and fuel consumption to propel the vehicle. TPMS systems alert drivers to low tire pressure, allowing them to address the issue promptly and improve fuel efficiency.
4. Preventive maintenance: TPMS systems facilitate preventive maintenance by alerting drivers to tire pressure abnormalities before they become more significant issues. This early detection helps prevent tire damage, blowouts, and potential roadside breakdowns, leading to cost savings on tire repairs or replacements.
5. Regulatory compliance: TPMS systems are required by law in many countries, as part of safety regulations and standards. Compliance with these regulations ensures that vehicles are equipped with TPMS technology to monitor tire pressure and maintain safe driving conditions.
6. Convenience and peace of mind: TPMS systems provide convenience and peace of mind for drivers. By continuously monitoring tire pressure, they eliminate the need for manual tire pressure checks, reducing maintenance tasks and providing greater driver convenience.
7. Insurance benefits: Some insurance companies offer discounted premiums for vehicles equipped with TPMS systems. This recognition of the safety advantages of TPMS can provide financial incentives for vehicle owners to invest in these systems.
8. Technology advancements: Technological advancements in TPMS systems have led to improved accuracy, reliability, and integration with vehicle electronics. Advanced TPMS systems may include wireless communication capabilities, remote monitoring options, or integration with vehicle dashboard displays for easy monitoring by the driver.
Overall, the driving factors for the use of TPMS systems include safety, improved tire performance and longevity, fuel efficiency, preventive maintenance, regulatory compliance, convenience, insurance benefits, and technological advancements. These factors contribute to the adoption and implementation of TPMS systems in modern vehicles, ensuring safer and more efficient driving experiences.
This report aims to provide a comprehensive presentation of the global market for Tire Pressure Monitoring Sensor (TPMS) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tire Pressure Monitoring Sensor (TPMS) System.
Report Scope
The Tire Pressure Monitoring Sensor (TPMS) System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tire Pressure Monitoring Sensor (TPMS) System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tire Pressure Monitoring Sensor (TPMS) System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schrader(Sensata)
Continental
ZF
Pacific Industrial
Huf
Baolong Automotive
Bendix
Denso
NIRA Dynamics
CUB Elecparts
Steelmate
DIAS
Orange Electronic
Shenzhen Autotech
ACDelco
Nanjing Top Sun
Segment by Type
Direct TPMS
Indirect TPMS
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Tire Pressure Monitoring Sensor (TPMS) System companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Direct TPMS
1.2.3 Indirect TPMS
1.3 Market by Application
1.3.1 Global Tire Pressure Monitoring Sensor (TPMS) System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Tire Pressure Monitoring Sensor (TPMS) System Market Perspective (2019-2030)
2.2 Tire Pressure Monitoring Sensor (TPMS) System Growth Trends by Region
2.2.1 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Region (2019-2024)
2.2.3 Tire Pressure Monitoring Sensor (TPMS) System Forecasted Market Size by Region (2025-2030)
2.3 Tire Pressure Monitoring Sensor (TPMS) System Market Dynamics
2.3.1 Tire Pressure Monitoring Sensor (TPMS) System Industry Trends
2.3.2 Tire Pressure Monitoring Sensor (TPMS) System Market Drivers
2.3.3 Tire Pressure Monitoring Sensor (TPMS) System Market Challenges
2.3.4 Tire Pressure Monitoring Sensor (TPMS) System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Tire Pressure Monitoring Sensor (TPMS) System Players by Revenue
3.1.1 Global Top Tire Pressure Monitoring Sensor (TPMS) System Players by Revenue (2019-2024)
3.1.2 Global Tire Pressure Monitoring Sensor (TPMS) System Revenue Market Share by Players (2019-2024)
3.2 Global Tire Pressure Monitoring Sensor (TPMS) System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Tire Pressure Monitoring Sensor (TPMS) System Revenue
3.4 Global Tire Pressure Monitoring Sensor (TPMS) System Market Concentration Ratio
3.4.1 Global Tire Pressure Monitoring Sensor (TPMS) System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Tire Pressure Monitoring Sensor (TPMS) System Revenue in 2023
3.5 Tire Pressure Monitoring Sensor (TPMS) System Key Players Head office and Area Served
3.6 Key Players Tire Pressure Monitoring Sensor (TPMS) System Product Solution and Service
3.7 Date of Enter into Tire Pressure Monitoring Sensor (TPMS) System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Tire Pressure Monitoring Sensor (TPMS) System Breakdown Data by Type
4.1 Global Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Type (2019-2024)
4.2 Global Tire Pressure Monitoring Sensor (TPMS) System Forecasted Market Size by Type (2025-2030)
5 Tire Pressure Monitoring Sensor (TPMS) System Breakdown Data by Application
5.1 Global Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Application (2019-2024)
5.2 Global Tire Pressure Monitoring Sensor (TPMS) System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Tire Pressure Monitoring Sensor (TPMS) System Market Size (2019-2030)
6.2 North America Tire Pressure Monitoring Sensor (TPMS) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2019-2024)
6.4 North America Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Tire Pressure Monitoring Sensor (TPMS) System Market Size (2019-2030)
7.2 Europe Tire Pressure Monitoring Sensor (TPMS) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2019-2024)
7.4 Europe Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Market Size (2019-2030)
8.2 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Market Size by Region (2019-2024)
8.4 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Tire Pressure Monitoring Sensor (TPMS) System Market Size (2019-2030)
9.2 Latin America Tire Pressure Monitoring Sensor (TPMS) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2019-2024)
9.4 Latin America Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Tire Pressure Monitoring Sensor (TPMS) System Market Size (2019-2030)
10.2 Middle East & Africa Tire Pressure Monitoring Sensor (TPMS) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2019-2024)
10.4 Middle East & Africa Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Schrader(Sensata)
11.1.1 Schrader(Sensata) Company Detail
11.1.2 Schrader(Sensata) Business Overview
11.1.3 Schrader(Sensata) Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.1.4 Schrader(Sensata) Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.1.5 Schrader(Sensata) Recent Development
11.2 Continental
11.2.1 Continental Company Detail
11.2.2 Continental Business Overview
11.2.3 Continental Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.2.4 Continental Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.2.5 Continental Recent Development
11.3 ZF
11.3.1 ZF Company Detail
11.3.2 ZF Business Overview
11.3.3 ZF Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.3.4 ZF Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.3.5 ZF Recent Development
11.4 Pacific Industrial
11.4.1 Pacific Industrial Company Detail
11.4.2 Pacific Industrial Business Overview
11.4.3 Pacific Industrial Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.4.4 Pacific Industrial Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.4.5 Pacific Industrial Recent Development
11.5 Huf
11.5.1 Huf Company Detail
11.5.2 Huf Business Overview
11.5.3 Huf Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.5.4 Huf Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.5.5 Huf Recent Development
11.6 Baolong Automotive
11.6.1 Baolong Automotive Company Detail
11.6.2 Baolong Automotive Business Overview
11.6.3 Baolong Automotive Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.6.4 Baolong Automotive Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.6.5 Baolong Automotive Recent Development
11.7 Bendix
11.7.1 Bendix Company Detail
11.7.2 Bendix Business Overview
11.7.3 Bendix Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.7.4 Bendix Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.7.5 Bendix Recent Development
11.8 Denso
11.8.1 Denso Company Detail
11.8.2 Denso Business Overview
11.8.3 Denso Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.8.4 Denso Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.8.5 Denso Recent Development
11.9 NIRA Dynamics
11.9.1 NIRA Dynamics Company Detail
11.9.2 NIRA Dynamics Business Overview
11.9.3 NIRA Dynamics Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.9.4 NIRA Dynamics Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.9.5 NIRA Dynamics Recent Development
11.10 CUB Elecparts
11.10.1 CUB Elecparts Company Detail
11.10.2 CUB Elecparts Business Overview
11.10.3 CUB Elecparts Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.10.4 CUB Elecparts Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.10.5 CUB Elecparts Recent Development
11.11 Steelmate
11.11.1 Steelmate Company Detail
11.11.2 Steelmate Business Overview
11.11.3 Steelmate Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.11.4 Steelmate Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.11.5 Steelmate Recent Development
11.12 DIAS
11.12.1 DIAS Company Detail
11.12.2 DIAS Business Overview
11.12.3 DIAS Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.12.4 DIAS Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.12.5 DIAS Recent Development
11.13 Orange Electronic
11.13.1 Orange Electronic Company Detail
11.13.2 Orange Electronic Business Overview
11.13.3 Orange Electronic Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.13.4 Orange Electronic Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.13.5 Orange Electronic Recent Development
11.14 Shenzhen Autotech
11.14.1 Shenzhen Autotech Company Detail
11.14.2 Shenzhen Autotech Business Overview
11.14.3 Shenzhen Autotech Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.14.4 Shenzhen Autotech Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.14.5 Shenzhen Autotech Recent Development
11.15 ACDelco
11.15.1 ACDelco Company Detail
11.15.2 ACDelco Business Overview
11.15.3 ACDelco Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.15.4 ACDelco Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.15.5 ACDelco Recent Development
11.16 Nanjing Top Sun
11.16.1 Nanjing Top Sun Company Detail
11.16.2 Nanjing Top Sun Business Overview
11.16.3 Nanjing Top Sun Tire Pressure Monitoring Sensor (TPMS) System Introduction
11.16.4 Nanjing Top Sun Revenue in Tire Pressure Monitoring Sensor (TPMS) System Business (2019-2024)
11.16.5 Nanjing Top Sun Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Schrader(Sensata)
Continental
ZF
Pacific Industrial
Huf
Baolong Automotive
Bendix
Denso
NIRA Dynamics
CUB Elecparts
Steelmate
DIAS
Orange Electronic
Shenzhen Autotech
ACDelco
Nanjing Top Sun
听
听
*If Applicable.
