Global Tire Pressure Monitoring System (TPMS) Market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing vehicle production and rising demand for safety features in vehicles. TPMS helps in reducing the risk of accidents due to tire blowouts, which can be fatal for drivers and passengers alike. TPMS also helps in improving fuel efficiency and reduces CO2 emissions from vehicles, thereby contributing towards environmental sustainability goals set by governments across the globe.
The global TPMS market has been segmented on the basis of type into direct TPMS and indirect TPMS; on the basis of application into passenger cars and commercial vehicles; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- TPMS is a safety feature that alerts drivers when their tires are under-inflated, which can lead to tire failure and accidents.
- TPMS is mandated by the US government for all new passenger vehicles starting in September 2007, and will be required on all new light trucks starting in September 2008.
- The National Highway Traffic Safety Administration (NHTSA) estimates that TPMS could prevent up to 1,000 fatalities and 50,000 injuries annually.
- The NHTSA estimates that the cost of installing a TPMS system on a vehicle is $100-$200.
- In order for the system to work properly, it must be installed with sensors in each wheel.
Industry Growth Insights published a new data on “Tire Pressure Monitoring System (TPMS) Market”. The research report is titled “Tire Pressure Monitoring System (TPMS) Market research by Types (Direct TPMS, Indirect TPMS), By Applications (Passenger Cars, Commercial Vehicles), By Players/Companies Schrader, Pacific Industrial, Lear, Visteon, Denso, Huf Hülsbeck & Fürst, ACDelco, Sate Auto Electronic, Kysonix, Foryou Corp”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tire Pressure Monitoring System (TPMS) Market Research Report
By Type
Direct TPMS, Indirect TPMS
By Application
Passenger Cars, Commercial Vehicles
By Companies
Schrader, Pacific Industrial, Lear, Visteon, Denso, Huf Hülsbeck & Fürst, ACDelco, Sate Auto Electronic, Kysonix, Foryou Corp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Tire Pressure Monitoring System (TPMS) Market Report Segments:
The global Tire Pressure Monitoring System (TPMS) market is segmented on the basis of:
Types
Direct TPMS, Indirect TPMS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schrader
- Pacific Industrial
- Lear
- Visteon
- Denso
- Huf Hülsbeck & Fürst
- ACDelco
- Sate Auto Electronic
- Kysonix
- Foryou Corp
 Market Overview.svg)
Highlights of The Tire Pressure Monitoring System (TPMS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Direct TPMS
- Indirect TPMS
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tire Pressure Monitoring System (TPMS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Tire Pressure Monitoring System (TPMS) is a system that monitors the air pressure in your tires and sends an alert if the pressure falls below a preset level. This can help you avoid low tire pressures, which can cause decreased fuel economy and increased wear on your tires. TPMS systems are typically included as standard equipment on new vehicles.
Some of the major players in the tire pressure monitoring system (tpms) market are Schrader, Pacific Industrial, Lear, Visteon, Denso, Huf HƒÂ¼lsbeck & FƒÂ¼rst, ACDelco, Sate Auto Electronic, Kysonix, Foryou Corp.
The tire pressure monitoring system (tpms) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tire Pressure Monitoring System (TPMS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tire Pressure Monitoring System (TPMS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tire Pressure Monitoring System (TPMS) Market - Supply Chain
4.5. Global Tire Pressure Monitoring System (TPMS) Market Forecast
4.5.1. Tire Pressure Monitoring System (TPMS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tire Pressure Monitoring System (TPMS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tire Pressure Monitoring System (TPMS) Market Absolute $ Opportunity
5. Global Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
5.3.1. Direct TPMS
5.3.2. Indirect TPMS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tire Pressure Monitoring System (TPMS) Demand Share Forecast, 2019-2026
9. North America Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
9.7.1. Direct TPMS
9.7.2. Indirect TPMS
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tire Pressure Monitoring System (TPMS) Demand Share Forecast, 2019-2026
10. Latin America Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
10.7.1. Direct TPMS
10.7.2. Indirect TPMS
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tire Pressure Monitoring System (TPMS) Demand Share Forecast, 2019-2026
11. Europe Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
11.7.1. Direct TPMS
11.7.2. Indirect TPMS
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tire Pressure Monitoring System (TPMS) Demand Share, 2019-2026
12. Asia Pacific Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
12.7.1. Direct TPMS
12.7.2. Indirect TPMS
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tire Pressure Monitoring System (TPMS) Demand Share, 2019-2026
13. Middle East & Africa Tire Pressure Monitoring System (TPMS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tire Pressure Monitoring System (TPMS) Market Size and Volume Forecast by Type
13.7.1. Direct TPMS
13.7.2. Indirect TPMS
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tire Pressure Monitoring System (TPMS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tire Pressure Monitoring System (TPMS) Market: Market Share Analysis
14.2. Tire Pressure Monitoring System (TPMS) Distributors and Customers
14.3. Tire Pressure Monitoring System (TPMS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schrader
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pacific Industrial
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lear
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Visteon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Denso
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huf Hülsbeck & Fürst
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ACDelco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sate Auto Electronic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kysonix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Foryou Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
