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According to our (Global Info Research) latest study, the global Automobile TPMS market size was valued at USD 3830.8 million in 2023 and is forecast to a readjusted size of USD 5450.9 million by 2030 with a CAGR of 5.2% during review period.
A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. TPMS report real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The target of a TPMS is avoiding traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of a hazardous state of the tires.
Global Automobile TPMS key players include Schrader (Sensata), Continental, ZF TRW, Pacific Industrial, etc. Global top four manufacturers hold a share about 50%.
Europe is the largest market, with a share over 40%, followed by North America and China, both have a share about 40 percent.
In terms of product, Direct TPMS is the largest segment, with a share about 85%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
The Global Info Research report includes an overview of the development of the Automobile TPMS industry chain, the market status of Passenger Vehicle (Direct TPMS, Indirect TPMS), Commercial Vehicle (Direct TPMS, Indirect TPMS), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automobile TPMS.
Regionally, the report analyzes the Automobile TPMS markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automobile TPMS market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Automobile TPMS market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automobile TPMS industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Direct TPMS, Indirect TPMS).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automobile TPMS market.
Regional Analysis: The report involves examining the Automobile TPMS market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automobile TPMS market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Automobile TPMS:
Company Analysis: Report covers individual Automobile TPMS manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automobile TPMS This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).
Technology Analysis: Report covers specific technologies relevant to Automobile TPMS. It assesses the current state, advancements, and potential future developments in Automobile TPMS areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automobile TPMS market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Automobile TPMS market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Direct TPMS
- Indirect TPMS
Market segment by Application
- Passenger Vehicle
- Commercial Vehicle
Major players covered
- Schrader (Sensata)
- Continental
- ZF TRW
- Pacific Industrial
- Huf
- Denso
- Lear
- Bendix
- Baolong Automotive
- Sate Auto Electronic
- ACDelco
- CUB Elecparts
- NIRA Dynamics
- Orange Electronic
- Shenzhen Autotech
- Steelmate
- Nanjing Top Sun
- Shenzhen Hangshen
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automobile TPMS product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automobile TPMS, with price, sales, revenue and global market share of Automobile TPMS from 2019 to 2024.
Chapter 3, the Automobile TPMS competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automobile TPMS breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Automobile TPMS market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automobile TPMS.
Chapter 14 and 15, to describe Automobile TPMS sales channel, distributors, customers, research findings and conclusion.