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    Tire Pressure Monitoring System Market Size

    ID: MRFR/AM/3215-CR
    188 Pages
    Swapnil Palwe
    March 2024

    Tire Pressure Monitoring System Market Research Report Information by Technology (Direct TPMS and Indirect TPMS), by Vehicle Type (Passenger Cars, Light Commercial Vehicle, And Heavy Commercial Vehicle), by Sales Channel (OEM and Aftermarket), and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Market Forecast Till 2035

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    Tire Pressure Monitoring System Size

    Tire Pressure Monitoring System Market Growth Projections and Opportunities

    Several market factors contribute to the dynamics of the Tire Pressure Monitoring System (TPMS) market, influencing its growth and development. Governments throughout the world are implementing and strengthening rules concerning proper installation of TPMS in vehicles so as to improve road safety by preventing accidents resulting from improper tire pressure. This regulatory environment is one of the main drivers for implementing TPMS across different vehicle segments which stimulates growth in this market.

    TPMS market is influenced by consumer awareness and education. Consumers have realized the long-term impacts of TPMS in preventing tire related accidents, better fuel economy and increasing tires lifespan. As a result of this increased awareness, it converts to a pull power since consumer actively search for vehicles that are loaded with high quality TPMS solutions.

    Essential market factors that impact TPMS adoption include technological breakthroughs in the auto industry. As the vehicles are becoming more technically advanced, TPMS is developing in order to fit easily into other sophisticated systems. This can include support for the wireless communication technologies like Bluetooth and RFID so that it becomes possible to communicate in real time between TPMS sensors at different locations of the vehicle central system. The intersection of TPMS with the latest automotive technologies is also driving its development, as it coincides with other technological tendencies in the industry.

    TPMS aftermarket segment represents both a cause and an effect of the dynamics in the market. The increased demand for TPMS in the aftermarket can be attributed to multiple factors, such as regulatory changes, growing consumer awareness and retrofitting older vehicles with improved safety specifications. As a result, we see an increase in aftermarket since many car owners want to equip their vehicles with TPMS solutions. At the same time, growth of aftermarket helps to stimulate overall development in TPMS market by creating possibilities for suppliers that can provide retrofit solutions as TPMS kits and parts.

    The TPMS market is affected by cost considerations especially in regions that have cost conscious consumers. The adoption rates of the TPMS solutions are directly proportional to their affordability. Cost-effectiveness focus is necessary when pursuing market penetration, especially in emerging markets with price sensitivity being a key factor of consumer decisions.

    The TPMS market is influenced some of the external factors, such as global economic conditions and trends in the automotive industry. Automobile manufacturers reduce their vehicle production during economic downturns and reduces the demand for TPMS systems. Conversely, during economic upswings and increased vehicle sales, the market witnesses heightened demand. As the automotive industry responds to economic fluctuations, the TPMS market experiences corresponding shifts, making it susceptible to broader economic trends.

    Tire Pressure Monitoring System Market Size Graph
    Author
    Swapnil Palwe
    Team Lead - Research

    With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

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    FAQs

    How much is the Tire Pressure Monitoring System Market?

    The Tire Pressure Monitoring System Market size is expected to be valued at USD 4,445.5 Million in 2022.

    What is the growth rate of the Tire Pressure Monitoring System Market?

    The global market is projected to grow at a CAGR of 8.7% during the forecast period, 2024-2032.

    Which region held the largest market share in the Tire Pressure Monitoring System Market?

    Europe has the largest share of the global market.

    Who are the key players in the Tire Pressure Monitoring System Market?

    The key players in the market are NXP Semiconductors, The Goodyear Tire & Rubber Company, ZF, Friedrichshafen Ag, Shanghai Baolong Automotive Corporation, Bh Sens Group, Cub Elecparts Inc. and Others.

    Which Technology led the Tire Pressure Monitoring System Market?

    The direct TPMS category dominated the market in 2022.

    Market Summary

    As per MRFR analysis, the Tire Pressure Monitoring System Market Size was estimated at 8.2 USD Million in 2024. The Tire Pressure Monitoring System industry is projected to grow from 8.915 USD Million in 2025 to 20.57 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.72 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Tire Pressure Monitoring System Market is poised for substantial growth driven by technological advancements and regulatory compliance.

    • The integration of smart technologies is transforming the Tire Pressure Monitoring System landscape, enhancing user experience and vehicle safety.
    • North America remains the largest market for Tire Pressure Monitoring Systems, while Asia-Pacific is emerging as the fastest-growing region.
    • Direct TPMS continues to dominate the market, whereas Indirect TPMS is witnessing rapid growth due to its cost-effectiveness.
    • Rising vehicle production and increasing awareness of road safety are key drivers propelling the market forward.

    Market Size & Forecast

    2024 Market Size 8.2 (USD Million)
    2035 Market Size 20.57 (USD Million)
    CAGR (2025 - 2035) 8.72%
    Largest Regional Market Share in 2024 Europe

    Major Players

    <p>Sensata Technologies (US), Continental AG (DE), Robert Bosch GmbH (DE), Huf Hülsbeck & Fürst (DE), Denso Corporation (JP), Tire Pressure Monitoring Systems (TPMS) (US), Cypress Semiconductor Corporation (US), NXP Semiconductors (NL)</p>

    Market Trends

    The Tire Pressure Monitoring System Market is currently experiencing a notable transformation, driven by advancements in technology and increasing awareness regarding vehicle safety. As consumers become more conscious of the importance of maintaining optimal tire pressure, manufacturers are responding by developing innovative solutions that enhance the functionality and reliability of these systems. The integration of smart technologies, such as connectivity features and real-time monitoring, appears to be a key factor influencing market dynamics. Furthermore, regulatory frameworks mandating the installation of Tire Pressure Monitoring Systems in vehicles are likely to bolster market growth, as compliance becomes essential for manufacturers and consumers alike. In addition to technological advancements, the Tire Pressure Monitoring System Market is also witnessing a shift towards sustainability. As environmental concerns gain prominence, there is a growing emphasis on products that contribute to fuel efficiency and reduced emissions. This trend suggests that consumers are increasingly seeking systems that not only ensure safety but also align with eco-friendly practices. Consequently, manufacturers are exploring ways to incorporate sustainable materials and energy-efficient technologies into their offerings, potentially reshaping the competitive landscape of the market.

    Integration of Smart Technologies

    The incorporation of smart technologies into Tire Pressure Monitoring Systems is becoming increasingly prevalent. Features such as connectivity with mobile applications and real-time alerts are enhancing user experience and safety. This trend indicates a shift towards more interactive and user-friendly systems, which may attract a broader consumer base.

    Regulatory Compliance and Safety Standards

    The enforcement of stringent safety regulations is driving the adoption of Tire Pressure Monitoring Systems across various regions. As governments implement mandatory requirements for vehicle safety, manufacturers are compelled to integrate these systems into their designs, thereby expanding market reach and ensuring compliance.

    Sustainability and Eco-Friendly Solutions

    There is a growing trend towards sustainability within the Tire Pressure Monitoring System Market. Consumers are increasingly prioritizing eco-friendly products that contribute to fuel efficiency and lower emissions. This shift is prompting manufacturers to innovate and develop systems that align with environmental goals, potentially influencing future market strategies.

    The increasing emphasis on vehicle safety and fuel efficiency appears to drive the adoption of Tire Pressure Monitoring Systems, indicating a shift towards more technologically advanced automotive solutions.

    U.S. Department of Transportation

    Tire Pressure Monitoring System Market Market Drivers

    Regulatory Mandates

    Regulatory mandates regarding vehicle safety are a crucial driver for the Tire Pressure Monitoring System Market. Many regions have implemented laws requiring the installation of tire pressure monitoring systems in new vehicles. These regulations aim to reduce the incidence of tire-related accidents and improve overall road safety. For instance, certain jurisdictions have established standards that necessitate the inclusion of TPMS in all passenger vehicles. As compliance with these regulations becomes mandatory, automotive manufacturers are compelled to integrate tire pressure monitoring systems into their vehicles. This regulatory landscape is expected to propel the growth of the Tire Pressure Monitoring System Market, as adherence to safety standards drives demand for these essential systems.

    Focus on Fuel Efficiency

    The increasing focus on fuel efficiency is another significant driver for the Tire Pressure Monitoring System Market. Proper tire inflation is directly linked to fuel consumption; under-inflated tires can lead to higher fuel usage and increased emissions. As consumers and manufacturers alike prioritize sustainability and cost-effectiveness, the demand for tire pressure monitoring systems is likely to rise. These systems help ensure that tires are maintained at optimal pressure, thereby enhancing fuel efficiency and reducing environmental impact. The automotive industry is increasingly recognizing the importance of fuel-efficient technologies, and tire pressure monitoring systems are integral to this effort. As a result, the Tire Pressure Monitoring System Market is expected to experience growth as more vehicles adopt these systems to meet fuel efficiency goals.

    Rising Vehicle Production

    The increasing production of vehicles is a primary driver for the Tire Pressure Monitoring System Market. As automotive manufacturers ramp up production to meet consumer demand, the integration of advanced safety features, including tire pressure monitoring systems, becomes essential. In recent years, the automotive sector has witnessed a notable surge, with millions of vehicles produced annually. This trend is expected to continue, as manufacturers strive to enhance vehicle safety and performance. Consequently, the demand for tire pressure monitoring systems is likely to rise, as they play a crucial role in preventing tire-related accidents and improving fuel efficiency. The Tire Pressure Monitoring System Market is thus positioned to benefit from this upward trajectory in vehicle production, as more vehicles equipped with these systems hit the roads.

    Technological Advancements

    Technological advancements in tire pressure monitoring systems are significantly influencing the Tire Pressure Monitoring System Market. Innovations such as direct and indirect TPMS, which provide real-time tire pressure data, are becoming increasingly prevalent. These systems utilize sensors to monitor tire pressure and relay information to the driver, enhancing safety and convenience. Furthermore, the integration of smart technologies, such as connectivity with mobile applications, allows for remote monitoring and alerts. As consumers become more tech-savvy, the demand for these advanced systems is expected to grow. The market is projected to expand as manufacturers invest in research and development to create more sophisticated tire pressure monitoring solutions, thereby driving the overall growth of the Tire Pressure Monitoring System Market.

    Increasing Awareness of Road Safety

    The growing awareness of road safety among consumers is a significant driver for the Tire Pressure Monitoring System Market. As more individuals recognize the importance of maintaining proper tire pressure for vehicle safety, the demand for tire pressure monitoring systems is likely to increase. Educational campaigns and government initiatives aimed at promoting road safety have contributed to this heightened awareness. Studies indicate that under-inflated tires can lead to reduced fuel efficiency and increased risk of accidents. Consequently, consumers are more inclined to invest in vehicles equipped with tire pressure monitoring systems, which provide real-time feedback on tire conditions. This trend is expected to bolster the Tire Pressure Monitoring System Market, as manufacturers respond to consumer preferences for enhanced safety features.

    Market Segment Insights

    By Type: Direct TPMS (Largest) vs. Indirect TPMS (Fastest-Growing)

    <p>The Tire Pressure Monitoring System (TPMS) market shows a significant distribution between direct and indirect TPMS technologies. Direct TPMS holds a substantial share, being the preferred choice for many automobile manufacturers due to its accuracy and reliability in monitoring tire pressure. In contrast, the indirect TPMS, while smaller in current market share, is gaining traction as vehicle manufacturers look to enhance safety features at lower costs, making them an appealing option for many budget-conscious segments.</p>

    <p>TPMS Type: Direct TPMS (Dominant) vs. Indirect TPMS (Emerging)</p>

    <p>Direct TPMS is characterized by its ability to measure tire pressure in real-time through sensors located inside the tires, providing accurate readings and alerts to drivers. This technology is dominant in the market due to its reliability and comprehensive data reporting. On the other hand, Indirect TPMS utilizes existing wheel speed sensors to estimate tire pressure, making it a cost-effective alternative. This emerging technology is rapidly gaining favor, particularly in the budget vehicle segment, as it offers an effective solution for monitoring tire pressure without the need for specialized sensors.</p>

    By Vehicle Type: Passenger Cars (Largest) vs. Light Commercial Vehicles (Fastest-Growing)

    <p>In the Tire Pressure Monitoring System (TPMS) market, passenger cars hold a significant market share, being the largest segment. This category is characterized by widespread adoption in personal vehicles where safety and efficiency are paramount. With increasing production of passenger vehicles, the demand for advanced monitoring systems to ensure optimal tire pressure is higher than ever. Meanwhile, light commercial vehicles represent the fastest-growing segment. Their adoption of TPMS is sparked by the rising focus on fleet efficiency and operational safety, resulting in a noticeable uptick in the installation of these systems in newer models.</p>

    <p>Passenger Cars (Dominant) vs. Light Commercial Vehicles (Emerging)</p>

    <p>Passenger cars dominate the TPMS market, primarily due to stringent regulations regarding vehicle safety and growing consumer awareness around the importance of maintaining optimal tire pressure. They are equipped with advanced sensor technologies that enhance performance and safety features. On the other hand, light commercial vehicles are emerging as a significant player within the market. The shift towards electric and hybrid vehicles is driving the adoption of TPMS as manufacturers focus on improving fuel efficiency and safety standards. In this evolving landscape, both segments exhibit unique growth trajectories, with passenger cars remaining a staple in the market, while light commercial vehicles are increasingly recognized for their essential role in preventative maintenance and operational cost savings.</p>

    By Sales Channel: OEM (Largest) vs. Aftermarket (Fastest-Growing)

    <p>In the Tire Pressure Monitoring System Market, the OEM (Original Equipment Manufacturer) segment holds a significant market share, driven primarily by the integration of TPMS in newly manufactured vehicles. Manufacturers prioritize providing advanced safety and efficiency features for their vehicles, which include tire pressure monitoring systems as essential components. Meanwhile, the Aftermarket segment has emerged as a growing force, appealing to consumers who wish to enhance their existing vehicles' safety and functionality. With an increasing number of vehicle owners seeking to maintain tire health, the aftermarket for TPMS is becoming progressively relevant.</p>

    <p>OEM (Dominant) vs. Aftermarket (Emerging)</p>

    <p>The OEM segment is characterized by its strong presence in vehicle production, where TPMS is integrated directly by manufacturers to ensure compliance with safety standards and enhance vehicle performance. This segment typically enjoys partnerships with automobile manufacturers, allowing for wider distribution and a loyal customer base. Conversely, the Aftermarket segment is rapidly emerging due to rising consumer awareness about vehicle maintenance and safety. Aftermarket TPMS solutions provide flexibility and options for vehicle owners, enabling them to upgrade their systems. The increasing trend of DIY vehicle maintenance and enhancements has further catalyzed growth in this segment, indicating a shift in consumer preferences towards personalizing vehicle safety features.</p>

    Get more detailed insights about Tire Pressure Monitoring System Market Research Report-Forecast to 2032

    Regional Insights

    North America : Market Leader in Innovation

    North America is the largest market for Tire Pressure Monitoring Systems (TPMS), holding approximately 40% of the global market share. The region's growth is driven by stringent safety regulations, increasing vehicle production, and rising consumer awareness regarding tire safety. The demand for advanced automotive technologies and the push for fuel efficiency further catalyze market expansion. The United States is the leading country in this region, with significant contributions from Canada and Mexico. Key players such as Sensata Technologies and Tire Pressure Monitoring Systems (TPMS) dominate the competitive landscape. The presence of major automotive manufacturers and a robust supply chain enhances the region's market position, making it a hub for innovation in TPMS technology.

    Europe : Regulatory-Driven Market Growth

    Europe is the second-largest market for Tire Pressure Monitoring Systems, accounting for approximately 30% of the global market share. The region's growth is significantly influenced by stringent EU regulations mandating TPMS in all new vehicles. This regulatory framework, combined with increasing environmental concerns and the demand for fuel-efficient vehicles, drives market expansion. Germany, France, and the UK are the leading countries in this market, with Germany being the largest contributor. Major players like Continental AG and Robert Bosch GmbH are well-established in the region, fostering a competitive landscape. The presence of advanced automotive technology and a focus on innovation further enhance Europe's position in the TPMS market.

    Asia-Pacific : Emerging Market Potential

    Asia-Pacific is witnessing rapid growth in the Tire Pressure Monitoring Systems market, holding approximately 25% of the global market share. The region's expansion is driven by increasing vehicle production, rising disposable incomes, and growing awareness of vehicle safety. Additionally, government initiatives promoting automotive safety standards are expected to further boost market demand. China, Japan, and India are the leading countries in this region, with China being the largest market. The competitive landscape is characterized by the presence of key players such as Denso Corporation and NXP Semiconductors. The region's growing automotive sector and technological advancements are pivotal in shaping the future of TPMS in Asia-Pacific.

    Middle East and Africa : Untapped Market Opportunities

    The Middle East and Africa region is gradually emerging in the Tire Pressure Monitoring Systems market, holding around 5% of the global market share. The growth is primarily driven by increasing vehicle ownership, rising safety awareness, and government initiatives aimed at enhancing road safety. The region's automotive market is expected to expand as infrastructure development progresses and consumer preferences shift towards safer vehicles. Countries like South Africa and the UAE are leading the market in this region. The competitive landscape is still developing, with opportunities for both local and international players to establish a foothold. As awareness of TPMS benefits grows, the market is poised for significant growth in the coming years.

    Key Players and Competitive Insights

    The Tire Pressure Monitoring System (TPMS) Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing regulatory mandates for vehicle safety. Key players such as Sensata Technologies (US), Continental AG (Germany), and Robert Bosch GmbH (Germany) are at the forefront, each adopting distinct strategies to enhance their market positioning. Sensata Technologies (US) focuses on innovation in sensor technology, aiming to improve accuracy and reliability in tire pressure monitoring. Meanwhile, Continental AG (Germany) emphasizes regional expansion, particularly in emerging markets, to capitalize on the growing demand for automotive safety features. Robert Bosch GmbH (Germany) is leveraging partnerships with automotive manufacturers to integrate advanced TPMS solutions into new vehicle models, thereby enhancing its competitive edge.

    The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The TPMS market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Denso Corporation (Japan) and Huf Hülsbeck & Fürst (Germany) contributes to a competitive structure that is increasingly characterized by strategic collaborations and technological innovation.

    In August 2025, Denso Corporation (Japan) announced a partnership with a leading automotive manufacturer to develop next-generation TPMS that integrates artificial intelligence for predictive maintenance. This strategic move is likely to enhance vehicle safety and performance, positioning Denso as a leader in the integration of smart technologies within the TPMS sector. The collaboration underscores the growing trend towards AI-driven solutions in automotive applications.

    In September 2025, Continental AG (Germany) unveiled a new line of TPMS sensors designed for electric vehicles, reflecting a strategic pivot towards sustainability and the evolving automotive landscape. This initiative not only aligns with The Tire Pressure Monitoring System. The introduction of these sensors is indicative of the company's commitment to innovation and responsiveness to market demands.

    In October 2025, Robert Bosch GmbH (Germany) launched a comprehensive digital platform for TPMS data analytics, aimed at enhancing user experience and providing real-time insights to vehicle owners. This platform is expected to facilitate better decision-making regarding tire maintenance, thereby improving safety and efficiency. Bosch's focus on digital transformation illustrates the increasing importance of data-driven solutions in the TPMS market.

    As of October 2025, the competitive trends within the TPMS market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing product offerings. Looking ahead, it is anticipated that competitive differentiation will evolve, shifting from traditional price-based competition to a focus on technological innovation, supply chain reliability, and the ability to meet regulatory requirements effectively.

    Key Companies in the Tire Pressure Monitoring System Market market include

    Industry Developments

      • In June 2023, The Goodyear Tyre & Rubber Company unveiled racing tyres with the real-time intelligence capability to record tyre pressure and temperature, which will be featured on the Le Mans racing championship on 10th June.

      • In June 2022, Samsara's Inc has collaborated with General Motors for optimizing cloud-based fleet management. Samsara's platform is installed on the vehicle dashboard which will provide vehicle insight such as fleet vehicle location, fuel usage and levels, speed as well as tire pressure along with additional operations data on the platforms.

    Future Outlook

    Tire Pressure Monitoring System Market Future Outlook

    <p>The Tire Pressure Monitoring System Market is projected to grow at an 8.72% CAGR from 2024 to 2035, driven by increasing safety regulations, technological advancements, and rising consumer awareness.</p>

    New opportunities lie in:

    • <p>Integration of AI-driven analytics for predictive maintenance</p>
    • <p>Development of mobile applications for real-time monitoring</p>
    • <p>Expansion into emerging markets with tailored solutions</p>

    <p>By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer needs and technological innovations.</p>

    Market Segmentation

    Tire Pressure Monitoring System Market Type Outlook

    • Direct TPMS
    • Indirect TPMS

    Tire Pressure Monitoring System Market Vehicle Type Outlook

    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles

    Tire Pressure Monitoring System Market Sales Channel Outlook

    • OEM
    • Aftermarket

    Report Scope

    MARKET SIZE 20248.2(USD Million)
    MARKET SIZE 20258.915(USD Million)
    MARKET SIZE 203520.57(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)8.72% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of advanced sensors and artificial intelligence enhances Tire Pressure Monitoring System Market potential.
    Key Market DynamicsRising consumer awareness of vehicle safety drives demand for advanced Tire Pressure Monitoring Systems across various automotive segments.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Swapnil Palwe
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    How much is the Tire Pressure Monitoring System Market?

    The Tire Pressure Monitoring System Market size is expected to be valued at USD 4,445.5 Million in 2022.

    What is the growth rate of the Tire Pressure Monitoring System Market?

    The global market is projected to grow at a CAGR of 8.7% during the forecast period, 2024-2032.

    Which region held the largest market share in the Tire Pressure Monitoring System Market?

    Europe has the largest share of the global market.

    Who are the key players in the Tire Pressure Monitoring System Market?

    The key players in the market are NXP Semiconductors, The Goodyear Tire &amp; Rubber Company, ZF, Friedrichshafen Ag, Shanghai Baolong Automotive Corporation, Bh Sens Group, Cub Elecparts Inc. and Others.

    Which Technology led the Tire Pressure Monitoring System Market?

    The direct TPMS category dominated the market in 2022.

    1. EXECUTIVE SUMMARY 19
      1. GLOBAL TIRE PRESSURE
    2. MONITORING SYSTEM MARKET, BY TECHNOLOGY 21
      1. GLOBAL TIRE PRESSURE MONITORING SYSTEM MARKET,
      2. BY VEHICLE TYPE 22
      3. 1.3
    3. GLOBAL TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL 23
    4. MARKET INTRODUCTION 24
      1. DEFINITION 24
      2. SCOPE OF THE STUDY
      3. 24
      4. RESEARCH
      5. OBJECTIVE 24
      6. 2.4
      7. MARKET STRUCTURE 25
      8. 3
      9. RESEARCH METHODOLOGY 26
      10. RESEARCH PROCESS 26
      11. PRIMARY RESEARCH 27
      12. SECONDARY RESEARCH 28
      13. MARKET SIZE ESTIMATION 29
      14. FORECAST MODEL 30
      15. LIST OF ASSUMPTIONS 31
    5. MARKET DYNAMICS 32
      1. INTRODUCTION 32
      2. DRIVERS 33
        1. RISING ADOPTION OF TIRE PRESSURE MONITORING
        2. GROWING DEMAND FOR THE SAFETY OF A VEHICLE 33
        3. DRIVER IMPACT ANALYSIS
      3. SYSTEMS (TPMS) IN VEHICLES 33
      4. 34
      5. RESTRAINT
        1. HIGH
        2. RESTRAINT IMPACT ANALYSIS 35
      6. 34
      7. COST AND COMPLEXITY OF THE TPMS 34
      8. OPPORTUNITY 35
        1. INCREASING SALES OF LUXURY CARS 35
      9. COVID-19 IMPACT ON
        1. IMPACT ON THE GLOBAL TIRE PRESSURE MONITORING SYSTEM MARKET 36
        2. IMPACT ON MARKET DEMAND 37
        3. IMPACT
      10. THE AUTOMOTIVE INDUSTRY 35
      11. CHAIN ON THE GLOBAL TIRE PRESSURE MONITORING SYSTEM MARKET 36
      12. RAW MATERIALS 36
      13. 4.5.1.2.1
      14. CASH FLOW CONSTRAINTS 36
      15. 37
      16. ON PRICING 37
      17. 5
      18. MARKET FACTOR ANALYSIS 38
      19. PORTER’S FIVE FORCES MODEL 38
        1. THREAT OF NEW ENTRANTS 39
        2. BARGAINING POWER OF SUPPLIERS
        3. THREAT
        4. INTENSITY OF RIVALRY 40
      20. 39
      21. OF SUBSTITUTES 39
      22. 5.1.4
      23. BARGAINING POWER OF BUYERS 39
      24. SUPPLY CHAIN ANALYSIS 40
        1. DESIGN & DEVELOPMENT 41
        2. RAW MATERIAL/COMPONENT
      25. SUPPLY 41
      26. 5.2.3
      27. MANUFACTURE 41
      28. 5.2.4
      29. DISTRIBUTION/SUPPLY 41
      30. 5.2.5
      31. END USER 41
      32. 6
      33. VEHICLE ANALYSIS 42
      34. 6.1
      35. EV CHARGING PILES (DC, AC) 42
      36. ADAS CALIBRATION 42
      37. FOUR WHEEL ALLIGNMENT 43
      38. BATTERY TEST 43
      39. TIRE PATTERN DETECTION/MONITORING 43
      40. COMMERCIAL VEHICLE
      41. REGULATION MANAGEMENT 44
    6. GLOBAL TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY 45
      1. OVERVIEW 45
      2. DIRECT TPMS 46
      3. INDIRECT TPMS 46
    7. GLOBAL TIRE PRESSURE
      1. MONITORING SYSTEM, BY VEHICLE TYPE 47
      2. OVERVIEW 47
      3. PASSENGER CARS 48
      4. LIGHT COMMERCIAL VEHICLE 48
      5. HEAVY COMMERCIAL VEHICLE
      6. 48
    8. GLOBAL
      1. TIRE PRESSURE MONITORING SYSTEM, BY SALES CHANNEL 50
      2. OVERVIEW 50
      3. OEM 51
      4. AFTERMARKET 51
    9. GLOBAL TIRE PRESSURE MONITORING SYSTEM, BY REGION
      1. 52
      2. OVERVIEW
        1. GLOBAL
      3. 52
      4. TIRE PRESSURE MONITORING SYSTEM, BY REGION, 2018–2032 53
      5. NORTH AMERICA 54
        1. NORTH AMERICA:
    10. TIRE PRESSURE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2032 54
    11. NORTH AMERICA:
    12. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 55
    13. NORTH AMERICA:
    14. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 55
    15. NORTH AMERICA:
    16. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 55
    17. US 56
    18. US: TIRE PRESSURE
    19. MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 56
      1. BY VEHICLE TYPE, 2018–2032 56
      2. SALES CHANNEL, 2018–2032 56
      3. 10.2.6.2
    20. US: TIRE PRESSURE MONITORING SYSTEM MARKET,
    21. US: TIRE PRESSURE MONITORING SYSTEM MARKET, BY
    22. CANADA 57
    23. CANADA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY,
    24. CANADA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032
      1. 57
      2. 10.2.6.3
    25. CANADA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032
      1. 57
      2. 58
      3. 10.2.7.1
    26. MEXICO
    27. MEXICO: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 58
    28. MEXICO: TIRE
    29. PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 58
    30. MEXICO: TIRE
    31. PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 58
      1. EUROPE 59
        1. EUROPE: TIRE PRESSURE
    32. MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2032 59
      1. BY TECHNOLOGY, 2018–2032 60
      2. 10.3.4
    33. EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET,
    34. EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE,
    35. EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032
      1. 60
      2. 61
      3. 10.3.5.1
    36. UK
    37. UK: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 61
    38. UK: TIRE PRESSURE
    39. MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 61
    40. UK: TIRE PRESSURE MONITORING
    41. SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 61
    42. GERMANY 62
    43. GERMANY: TIRE PRESSURE MONITORING SYSTEM
    44. MARKET, BY TECHNOLOGY, 2018–2032 62
    45. GERMANY: TIRE PRESSURE MONITORING SYSTEM
    46. MARKET, BY VEHICLE TYPE, 2018–2032 62
    47. GERMANY: TIRE PRESSURE MONITORING SYSTEM
    48. MARKET, BY SALES CHANNEL, 2018–2032 62
    49. FRANCE 63
    50. FRANCE: TIRE PRESSURE MONITORING SYSTEM
    51. MARKET, BY TECHNOLOGY, 2018–2032 63
    52. FRANCE: TIRE PRESSURE MONITORING SYSTEM
    53. MARKET, BY VEHICLE TYPE, 2018–2032 63
    54. FRANCE: TIRE PRESSURE MONITORING SYSTEM
    55. MARKET, BY SALES CHANNEL, 2018–2032 63
      1. BY TECHNOLOGY, 2018–2032 64
      2. TYPE, 2018–2032 64
      3. 10.3.9
      4. SPAIN 65
      5. 10.3.9.1
    56. ITALY 64
    57. ITALY: TIRE PRESSURE MONITORING SYSTEM MARKET,
    58. ITALY: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE
    59. ITALY: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL,
    60. SPAIN: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 65
    61. SPAIN: TIRE
    62. PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 65
    63. SPAIN: TIRE
    64. PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 65
      1. 66
      2. 10.3.10.1
    65. REST OF EUROPE
    66. REST OF EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032
      1. 66
      2. 10.3.10.2
    67. REST OF EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032
      1. 66
      2. 10.3.10.3
    68. REST OF EUROPE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032
      1. 66
      2. ASIA-PACIFIC
        1. ASIA-PACIFIC:
      3. 67
    69. TIRE PRESSURE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2032 68
    70. ASIA-PACIFIC:
    71. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 68
    72. ASIA-PACIFIC:
    73. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 68
    74. ASIA-PACIFIC:
    75. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 69
    76. CHINA 69
    77. CHINA: TIRE
    78. PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 69
    79. CHINA: TIRE PRESSURE
    80. MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 69
    81. CHINA: TIRE PRESSURE
    82. MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 70
    83. INDIA 70
    84. INDIA: TIRE PRESSURE
    85. MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 70
      1. BY VEHICLE TYPE, 2018–2032 70
      2. BY SALES CHANNEL, 2018–2032 71
      3. BY TECHNOLOGY, 2018–2032 71
      4. TYPE, 2018–2032 71
      5. 10.4.8
      6. SOUTH KOREA 72
      7. 10.4.8.1
    86. INDIA: TIRE PRESSURE MONITORING SYSTEM MARKET,
    87. INDIA: TIRE PRESSURE MONITORING SYSTEM MARKET,
    88. JAPAN 71
    89. JAPAN: TIRE PRESSURE MONITORING SYSTEM MARKET,
    90. JAPAN: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE
    91. JAPAN: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL,
    92. SOUTH KOREA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032
      1. 72
      2. 10.4.8.2
    93. SOUTH KOREA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032
      1. 72
      2. 10.4.8.3
    94. SOUTH KOREA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032
      1. 73
      2. OF ASIA-PACIFIC 73
      3. 10.4.9.1
    95. REST
    96. REST OF ASIA-PACIFIC: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032
      1. 73
      2. 10.4.9.2
    97. REST OF ASIA-PACIFIC: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032
      1. 73
      2. 10.4.9.3
    98. REST OF ASIA-PACIFIC: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL,
      1. 10.5
      2. MIDDLE EAST & AFRICA 75
      3. BY COUNTRY, 2018–2032 75
      4. BY TECHNOLOGY, 2018–2032 76
      5. BY VEHICLE TYPE, 2018–2032 76
    99. MIDDLE EAST & AFRICA: TIRE PRESSURE MONITORING SYSTEM MARKET,
    100. MIDDLE EAST & AFRICA: TIRE PRESSURE MONITORING SYSTEM MARKET,
    101. MIDDLE EAST & AFRICA: TIRE PRESSURE MONITORING SYSTEM MARKET,
    102. MIDDLE EAST & AFRICA: TIRE PRESSURE MONITORING
    103. SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 76
      1. BY TECHNOLOGY, 2018–2032 77
      2. 10.5.5.3
    104. UAE 77
    105. UAE: TIRE PRESSURE MONITORING SYSTEM MARKET,
    106. UAE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE,
    107. UAE: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 77
    108. SAUDI ARABIA 78
    109. SAUDI ARABIA:
    110. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 78
    111. SAUDI ARABIA:
    112. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 78
    113. SAUDI ARABIA:
    114. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 78
    115. SOUTH AFRICA 79
    116. SOUTH AFRICA:
    117. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 79
    118. SOUTH AFRICA:
    119. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 79
    120. SOUTH AFRICA:
    121. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 79
    122. REST OF MEA 80
    123. REST OF MEA:
    124. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 80
    125. REST OF MEA:
    126. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 80
    127. REST OF MEA:
    128. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 80
      1. SOUTH AMERICA 81
        1. SOUTH AMERICA:
    129. TIRE PRESSURE MONITORING SYSTEM MARKET, BY COUNTRY, 2018–2032 81
    130. SOUTH AMERICA:
    131. TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 82
    132. SOUTH AMERICA:
    133. TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 82
    134. SOUTH AMERICA:
    135. TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 82
    136. BRAZIL 83
    137. BRAZIL: TIRE
    138. PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 83
    139. BRAZIL: TIRE PRESSURE
    140. MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 83
    141. BRAZIL: TIRE PRESSURE
    142. MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 83
    143. ARGENTINA 84
    144. ARGENTINA: TIRE
    145. PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032 84
    146. ARGENTINA: TIRE PRESSURE
    147. MONITORING SYSTEM MARKET, BY VEHICLE TYPE, 2018–2032 84
    148. ARGENTINA: TIRE PRESSURE
    149. MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2018–2032 84
      1. 85
      2. 10.6.7.1
    150. REST OF SOUTH AMERICA
    151. REST OF SOUTH AMERICA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2018–2032
      1. 85
      2. 10.6.7.2
    152. REST OF SOUTH AMERICA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE,
      1. 10.6.7.3
    153. REST OF SOUTH AMERICA: TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL,
      1. 11
      2. COMPETITIVE LANDSCAPE 86
      3. COMPETITIVE OVERVIEW 86
      4. COMPETITIVE DASHBOARD 87
      5. MARKET SHARE ANALYSIS 88
      6. KEY DEVELOPMENTS IN THE GLOBAL TIRE PRESSURE
        1. KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 88
        2. KEY DEVELOPMENTS: PARTNERSHIPS
        3. KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES 89
      7. MONITORING SYSTEM MARKET 88
      8. & COLLABORATIONS 89
      9. COMPETITION BENCHMARKING
      10. 91
    154. COMPANY
      1. PROFILE 92
      2. 12.1
      3. NXP SEMICONDUCTORS 92
      4. 12.1.1
      5. COMPANY OVERVIEW 92
      6. 12.1.2
      7. FINANCIAL OVERVIEW 93
      8. 12.1.3
      9. PRODUCTS OFFERED 93
      10. 12.1.4
      11. KEY DEVELOPMENTS 94
      12. 12.1.5
      13. SWOT ANALYSIS 94
      14. 12.1.6
      15. KEY STRATEGIES 94
      16. 12.2
      17. THE GOODYEAR TIRE & RUBBER COMPANY 95
      18. 101
      19. 12.3.3
      20. PRODUCTS OFFERED 101
      21. 12.3.4
      22. KEY DEVELOPMENTS 102
      23. 12.3.5
      24. SWOT ANALYSIS 102
      25. 12.3.6
      26. KEY STRATEGIES 102
      27. 12.4
      28. SHANGHAI BAOLONG AUTOMOTIVE CORPORATION 103
      29. 107
      30. 12.5.5
      31. SWOT ANALYSIS 107
      32. 12.5.6
      33. KEY STRATEGIES 107
      34. 12.6
      35. CUB ELECPARTS INC 108
      36. 12.6.1
      37. COMPANY OVERVIEW 108
      38. 12.6.2
      39. FINANCIAL OVERVIEW 109
      40. 12.6.3
      41. PRODUCTS/SERVICES/SOLUTIONS OFFERED 109
      42. 111
      43. 12.7.2
      44. FINANCIAL OVERVIEW 111
      45. 12.7.3
      46. PRODUCTS/SERVICES/SOLUTIONS OFFERED 112
      47. 115
      48. 12.8.3
      49. PRODUCTS/SERVICES/SOLUTIONS OFFERED 116
      50. LTD) 118
      51. 12.9.1
      52. COMPANY OVERVIEW 118
      53. 12.9.2
      54. FINANCIAL OVERVIEW 118
      55. 12.9.3
      56. PRODUCTS/SERVICES/SOLUTIONS OFFERED 119
      57. AG) 121
      58. 12.10.1
      59. COMPANY OVERVIEW 121
      60. 12.10.2
      61. FINANCIAL OVERVIEW 122
      62. 12.10.3
      63. PRODUCTS/SERVICES/SOLUTIONS OFFERED 122
      64. 125
      65. 12.11.5
      66. SWOT ANALYSIS 126
      67. 12.11.6
      68. KEY STRATEGIES 126
      69. 12.12
      70. VALEO 127
      71. 12.12.1
      72. COMPANY OVERVIEW 127
      73. 12.12.2
      74. FINANCIAL OVERVIEW 128
      75. 12.12.3
      76. PRODUCTS OFFERED 128
    155. COMPANY OVERVIEW 95
    156. FINANCIAL OVERVIEW 96
    157. PRODUCTS OFFERED 97
    158. KEY DEVELOPMENTS 97
    159. SWOT ANALYSIS 99
    160. KEY STRATEGIES 99
      1. ZF FRIEDRICHSHAFEN AG 100
        1. COMPANY OVERVIEW 100
        2. FINANCIAL OVERVIEW
        3. COMPANY OVERVIEW 103
        4. FINANCIAL OVERVIEW 104
        5. PRODUCTS OFFERED 104
        6. KEY DEVELOPMENTS 105
        7. SWOT ANALYSIS 105
        8. KEY STRATEGIES 105
      2. BH SENS GROUP 106
        1. COMPANY OVERVIEW 106
        2. FINANCIAL OVERVIEW 106
        3. PRODUCTS/SERVICES/SOLUTIONS OFFERED 106
        4. KEY DEVELOPMENTS
        5. KEY DEVELOPMENTS 110
        6. SWOT ANALYSIS 110
        7. KEY STRATEGIES 110
      3. INTELLIGENT TECHNOLOGY CORP, LTD. (AUTEL) 111
        1. COMPANY OVERVIEW
        2. KEY DEVELOPMENTS 113
        3. SWOT ANALYSIS 113
        4. KEY STRATEGIES 114
      4. INFINEON TECHNOLOGIES AG 115
        1. COMPANY OVERVIEW 115
        2. FINANCIAL OVERVIEW
        3. KEY DEVELOPMENTS 116
        4. SWOT ANALYSIS 117
        5. KEY STRATEGIES 117
      5. HAMATON LTD (HAMATON AUTOMOTIVE TECHNOLOGY CO.
        1. KEY DEVELOPMENTS 119
        2. SWOT ANALYSIS 120
        3. KEY STRATEGIES 120
      6. BENDIX COMMERCIAL VEHICLE SYSTEMS LLC (KNORR-BREMSE
        1. KEY DEVELOPMENTS 123
        2. SWOT ANALYSIS 124
        3. KEY STRATEGIES 124
      7. VALOR EUROPE GMBH 125
        1. COMPANY OVERVIEW 125
        2. FINANCIAL OVERVIEW 125
        3. PRODUCTS OFFERED 125
        4. KEY DEVELOPMENTS

    Tire Pressure Monitoring System Market Segmentation

    Market Segmentation Overview

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    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
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