Tire Pressure Monitoring System Market Growing from 2025-2031

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Market Overview:

The Tire Pressure Monitoring System (TPMS) Market stands as an essential automotive industry sector dedicated to providing real-time tire pressure monitoring to improve safety and vehicle performance. An electronic system called TPMS actively monitors vehicle tire pressure continuously then notifies drivers when pressure drops below recommended levels to avoid tire blowouts and improve fuel efficiency and vehicle handling. The market has experienced substantial growth due to rising safety regulations alongside rising consumer demand for vehicle safety features and expanding awareness about tire maintenance.

Key players:

 

Sample Link- https://www.trendbridgeinsights.com/industry-report/tire-pressure-monitoring-system-market

 

Market segmentation:

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Technology Type

  • Direct TPMS
  • Indirect TPMS

Sales Channel

  • OEM
  • Aftermarket

Mega Trend Connect:

This report offers deep insights into how mega trends such as software-defined vehicles, connectivity, and automated driving are transforming automotive electronics and sensors. It further examines the impact of sensors, ECUs, domain controllers, power semiconductors, and compute platforms. The report assesses qualification standards, supply resilience, and cybersecurity requirements shaping adoption.

Global Trade Outlook:

Electronics trade is highly exposed to semiconductor export controls, capacity constraints, and geopolitical risk. OEMs prioritize secured, multi-region supply and strict automotive-grade qualification. Suppliers with diversified capacity and compliant supply chains gain structural advantage.

Region Analysis:

Asia Pacific tire pressure monitoring systems market dominated in 2023 and accounted for a revenue share of 38.7% in 2023. The Asia-Pacific TPMS market is experiencing rapid growth due to a combination of factors, including rising vehicle production, increasing disposable incomes, and growing awareness of vehicle safety. Countries like China, Japan, and India are witnessing significant growth in the automotive sector, driving the demand for advanced safety features like TPMS.

Recent

In June 2024, Continental AG doubled its TPMS production capacity for passenger cars in India's Bangalore plant. The company introduced a new generation of TPMS to boost safety and sustainability, aligning with its commitment to Vision Zero for safer mobility.

F&Q:

Q1. What are the factors driving the tire pressure monitoring system market?

The proliferation of IoT (Internet of Things) and AI (Artificial Intelligence) has enabled the development of more advanced TPMS, which not only monitor tire pressure but also predict potential tire failures by analyzing patterns and trends in tire performance data. Besides, rising consumer demand for smart and connected vehicles is accelerating the adoption of TPMS.

Q2. How big is the tire pressure monitoring system market?

The global tire pressure monitoring system market size was estimated at USD 8.24 billion in 2023 and is expected to reach USD 9.56 billion in 2024.

Q3. What is the tire pressure monitoring system market growth?

The global tire pressure monitoring system market is expected to grow at a compound annual growth rate of 12.7% from 2024 to 2030, reaching USD 19.64 billion by 2030.

Q4. Who are the key players in tire pressure monitoring system market?

Some of the players operating in the tire pressure monitoring system market include ZF Friedrichshafen AG, Delphi Technologies (Phinia Inc.), DENSO CORPORATION., Continental AG, Valor (TPMS), HELLA GmbH & Co. KGaA, VALEO, Alligator Valves, Sensata Technologies, Inc., Huf Hülsbeck & Fürst GmbH & Co. KG.

About US:

Company information

(TrendBridge Insights is a premier global market research and consulting firm that provides comprehensive market intelligence, strategic insights, and data-driven solutions to businesses worldwide. With over 15 years of expertise across diverse industries, we help organizations make informed decisions that drive growth and competitive advantage.)

Contact US

Ganesh

Mail - info@trendbridgeinsights.com

Website Link-https://trendbridgeinsights.com/

Linkedin Page- https://www.linkedin.com/company/trend-bridge-insights/

 

Reference Links :

https://www.trendbridgeinsights.com/industry-report/electric-vehicle-power-inverter-market

https://www.trendbridgeinsights.com/industry-report/automotive-relay-market

https://www.trendbridgeinsights.com/industry-report/vehicle-exhaust-hose-market

https://www.trendbridgeinsights.com/industry-report/automotive-air-filter-market

https://www.trendbridgeinsights.com/industry-report/automotive-micro-motor-market

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