Perspectives du marché:
Automotive Tire Pressure Monitoring System Market size is anticipated to grow significantly, reaching USD 63.68 billion by 2034, up from USD 26.9 billion. This growth represents a CAGR of over 9%, with a revenue forecast of USD 28.83 billion for 2025.
Base Year Value (2024)
USD 26.9 Billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
9%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 63.68 Billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2021-2024
Forecast Period
2025-2034
Get more details on this report -
Dynamique du marché:
Growth Drivers & Opportunities
The Automotive Tire Pressure Monitoring System (TPMS) market is propelled by several key growth drivers that reflect the increasing importance of safety and regulatory compliance in modern vehicles. One of the most significant factors is the rising awareness among consumers regarding vehicle safety. As accidents related to tire pressure issues become more recognized, drivers are increasingly seeking systems that can help prevent such incidents. This heightened focus on safety is further reinforced by government regulations mandating the inclusion of TPMS in new vehicles, ensuring that manufacturers prioritize the development and integration of these systems.
In addition to regulatory factors, technological advancements are creating new opportunities for innovation within the TPMS market. The integration of smart technology and connectivity features, such as integration with mobile applications and vehicle telematics, is enhancing the functionality of TPMS. These advancements allow for real-time monitoring of tire pressure, enabling users to receive alerts and easily track tire health, thereby improving vehicle performance and fuel efficiency. Furthermore, the growing trend toward electric and autonomous vehicles presents a significant opportunity for the TPMS market as these vehicles require advanced monitoring systems to ensure optimal safety and performance.
The increasing demand for passenger and commercial vehicles, particularly in emerging markets, also contributes to the market's growth. As disposable incomes rise in these regions, more consumers are investing in vehicles equipped with advanced safety features, including TPMS. Additionally, the trend of electrification in vehicles, with more manufacturers looking to adopt electric models, is likely to drive innovations in TPMS technologies to suit specific requirements of electric vehicles.
Report Scope
Report Coverage | Details |
---|
Segments Covered | System Type, Vehicle Type, Component Type, Display Type, Application |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Sensata Technologies Holding plc, TRW Automotive Holdings Corp., Alps Alpine, ZF Friedrichshafen AG, Robert Bosch, Schrader International, Denso, NXP Semiconductors N.V., TDK, Continental AG, Infineon Technologies AG, Tire Pressure Monitoring Systems International., Analog Devices, Lear |
Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!
Industry Restraints:
Despite the promising growth prospects, the Automotive TPMS market faces several restraints that could hinder its development. One of the primary challenges is the high cost associated with the implementation and maintenance of advanced TPMS technologies. Many consumers are reluctant to invest in vehicles with sophisticated monitoring systems, especially in price-sensitive markets where basic functionalities are prioritized over advanced safety features.
Moreover, the TPMS market is also affected by a lack of standardization across different manufacturers. This inconsistency can lead to compatibility issues, causing challenges for consumers who may find it difficult to integrate TPMS with existing vehicle systems. The variation in technology among different brands can create confusion and complicate the aftermarket support for these systems, ultimately limiting their market adoption.
Additionally, the prevalence of traditional tire maintenance practices poses a restraint to the market growth. In some regions, the lack of awareness regarding the benefits of TPMS may result in consumers opting for manual tire pressure checks over investing in electronic systems. This attitude can prolong the reliance on conventional methods and hinder the transition to advanced tire monitoring solutions.
The TPMS market must also contend with competition from alternative tire monitoring solutions that may provide similar functionalities, which can impact the overall demand for dedicated tire pressure monitoring systems. These factors combined underscore the complexity of the Automotive TPMS market landscape, revealing both opportunities and challenges that stakeholders must navigate.
Prévisions régionales:
Largest Region
Europe
XX% Market Share in 2024
Get more details on this report -
North America
The Automotive Tire Pressure Monitoring System (TPMS) market in North America, particularly in the United States and Canada, is characterized by its maturity and significant adoption rates. The U.S. holds a substantial share due to stringent governmental regulations regarding vehicle safety and emissions. The growing emphasis on road safety and the increasing number of vehicles equipped with advanced safety features are driving the demand for TPMS. Canada follows closely, with rising awareness among consumers regarding tire safety and performance. The market in this region is expected to witness stable growth, with continuous innovations in TPMS technology, including the introduction of enhanced sensor capabilities and integration with advanced driver-assistance systems (ADAS).
Asia Pacific
The Asia Pacific region, particularly Japan, South Korea, and China, is poised for rapid expansion in the Automotive TPMS market. China is emerging as a significant player, driven by the booming automotive industry and increasing production of electric vehicles, which often feature advanced safety technologies including TPMS. Japan and South Korea also contribute to the market due to their technologically advanced automotive sectors and the implementation of strict safety standards. The growing urbanization, rising disposable income, and consumer awareness regarding tire maintenance are expected to propel the uptake of TPMS in these countries. Furthermore, the increasing focus on fuel efficiency and environmental sustainability aligns with the benefits offered by tire pressure monitoring systems.
Europe
In Europe, the Automotive TPMS market is driven by regulatory mandates that require new vehicles to be equipped with TPMS. The United Kingdom, Germany, and France are the leading countries in this market. Germany stands out as a significant hub for automotive manufacturing, with several major automobile manufacturers implementing advanced TPMS solutions. The UK market shows resilience with increasing consumer demand for safety features in vehicles, while France is also adapting well to emerging technological trends in vehicle maintenance and safety. The European market is expected to continue evolving with innovations in IoT and connectivity, allowing for more sophisticated monitoring and data analytics capabilities. The increasing focus on sustainable vehicle technologies further supports the growth of TPMS across this region.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
Analyse de segmentation:
""
In terms of segmentation, the global Automotive Tire Pressure Monitoring System market is analyzed on the basis of System Type, Vehicle Type, Component Type, Display Type, Application.
System Type
The Automotive Tire Pressure Monitoring System market is primarily divided into two system types: Direct and Indirect. Direct TPMS uses sensors mounted inside the tires to monitor air pressure in real-time and provides accurate readings to the driver. This segment is expected to exhibit significant growth due to the increasing demand for safety features and advanced technology in vehicles. Indirect TPMS, on the other hand, measures tire pressure by monitoring the rotational speed of the tires via the vehicle’s anti-lock braking system. While the indirect system is cost-effective and requires less maintenance, its growth is projected to be slower compared to the direct system as consumer preference shifts towards enhanced accuracy.
Vehicle Type
The market is further segmented by vehicle type into Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles. The Passenger Vehicles segment is anticipated to dominate the market due to the growing consumer focus on safety and enhanced driving experiences. Additionally, the rising sales of electric and hybrid vehicles, which often come equipped with advanced TPMS technologies, propel this segment's growth. Light and Heavy Commercial Vehicles are also experiencing growth, particularly due to regulatory mandates for tire pressure monitoring systems in commercial fleets, but they are expected to lag behind passenger vehicles in terms of market share.
Component Type
When examining component types, the market includes Sensors, Transmitters, Receivers, Display Units, and Control Units. Sensors are expected to hold the largest market size due to their crucial role in direct TPMS and the ongoing advancements to enhance their efficiency and accuracy. The demand for Display Units, particularly digital displays that integrate easily into the vehicle’s dashboard, is also growing sharply as consumers prefer digital interfaces for monitoring. Control Units, which manage the data processing and communication of tire pressure information, are gaining traction with the rise of smart vehicle technologies.
Display Type
In terms of display type, the market can be categorized into Analog, Digital, and Integrated displays. Digital displays are expected to show the fastest growth among consumers, offering clearer and more interactive interfaces compared to traditional analog displays. Integrated displays, which combine TPMS with other vehicle information systems, are also anticipated to see considerable growth as manufacturers focus on creating seamless user experiences for drivers.
Application
The application segment divides the market into OEM and Aftermarket categories. The OEM segment is anticipated to lead the market size, driven by the increasing installation of TPMS as standard equipment in new vehicles due to regulatory requirements. However, the Aftermarket segment is likely to witness rapid growth, fueled by rising consumer awareness about the benefits of maintaining proper tire pressure for fuel efficiency and safety. This trend is promoting the installation of aftermarket TPMS solutions as a way for vehicle owners to enhance their vehicles' performance and safety without purchasing new vehicles.
Get more details on this report -
Paysage concurrentiel:
The competitive landscape of the Automotive Tire Pressure Monitoring System (TPMS) market is characterized by a mix of established automotive suppliers and new players focusing on advanced technology. The market sees substantial competition from both multinational corporations and regional firms that are increasingly investing in research and development to enhance product offerings and integrate smart technology. Innovations in sensor technology, wireless communication, and integration with vehicle systems are pivotal, driving competition among manufacturers. Additionally, the growing focus on vehicle safety regulations and the rising demand for advanced driver-assistance systems (ADAS) contribute to an increasingly crowded marketplace where players strive to differentiate their products through enhanced features and reliability.
Top Market Players
1. Schrader International
2. Continental AG
3. Sensata Technologies
4. DENSO Corporation
5. Huf Hülsbeck & Fürst
6. Aisin Seiki Co. Ltd
7. Valeo SA
8. Lander Automotive
9. NIRA Dynamics AB
10. CUB Group
Chapitre 1. Méthodologie
- Définition du marché
- Hypothèses d'étude
- Portée du marché
- Segmentation
- Régions couvertes
- Prévisions de base
- Calculs prévisionnels
- Sources de données
- Enseignement primaire
- Secondaire
Chapitre 2. Résumé
Chapitre 3. Automotive Tire Pressure Monitoring System Market Perspectives
- Aperçu du marché
- Conducteurs et opportunités du marché
- Restrictions et défis du marché
- Paysage réglementaire
- Analyse des écosystèmes
- Technologie et innovation Perspectives
- Principaux développements de l'industrie
- Partenariat
- Fusion/acquisition
- Investissement
- Lancement du produit
- Analyse de la chaîne d'approvisionnement
- Analyse des cinq forces de Porter
- Menaces de nouveaux entrants
- Menaces de substitution
- Rivalerie industrielle
- Pouvoir de négociation des fournisseurs
- Pouvoir de négociation des acheteurs
- COVID-19 Impact
- Analyse PESTLE
- Paysage politique
- Paysage économique
- Paysage social
- Paysage technologique
- Paysage juridique
- Paysage environnemental
- Paysage concurrentiel
- Présentation
- Marché des entreprises Partager
- Matrice de positionnement concurrentiel
Chapitre 4. Automotive Tire Pressure Monitoring System Market Statistiques, par segments
- Principales tendances
- Estimations et prévisions du marché
*Liste des segments selon la portée/les exigences du rapport
Chapitre 5. Automotive Tire Pressure Monitoring System Market Statistiques, par région
- Principales tendances
- Présentation
- Impact de la récession
- Estimations et prévisions du marché
- Portée régionale
- Amérique du Nord
- Europe
- Allemagne
- Royaume-Uni
- France
- Italie
- Espagne
- Reste de l'Europe
- Asie-Pacifique
- Chine
- Japon
- Corée du Sud
- Singapour
- Inde
- Australie
- Reste de l'APAC
- Amérique latine
- Argentine
- Brésil
- Reste de l'Amérique du Sud
- Moyen-Orient et Afrique
- GCC
- Afrique du Sud
- Reste du MEA
*Liste non exhaustive
Chapitre 6. Données de l ' entreprise
- Aperçu des activités
- Finances
- Offres de produits
- Cartographie stratégique
- Partenariat
- Fusion/acquisition
- Investissement
- Lancement du produit
- Développement récent
- Dominance régionale
- Analyse SWOT
* Liste des entreprises selon la portée/les exigences du rapport