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PUBLISHER: IMARC | PRODUCT CODE: 1451020
PUBLISHER: IMARC | PRODUCT CODE: 1451020
Tire Pressure Monitoring System Market Report by Type, Technology, Vehicle Type, Distribution Channel, and Region 2024-2032
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PAGES: 141 Pages
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The global tire pressure monitoring system (TPMS) market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2024-2032.
A tire pressure monitoring system (TPMS) refers to an electronic solution to maintain adequate air pressure in the tires of vehicles. Two of the commonly used TPMS include direct and indirect TPMS. Direct TPMS uses a sensor mounted on the wheels to measure the pressure in each tire. On the other hand, indirect TPMS works with antilock braking system (ABS) speed sensors to monitor the air pressure. They provide real-time information about the tire pressure to the driver through a pictogram display and sound an alarm in case the tires are underinflated. This, in turn, aids in improving vehicle safety, fuel economy and minimizing carbon emissions.
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Furthermore, the increasing consumer preference for advanced driver-assistance systems (ADASs) for enhanced safety on the road is providing a thrust to the market growth. Various technological advancements, such as the integration of energy harvesting and display systems to provide information about the health of the vehicle, are acting as other growth-inducing factors. There is also increasing preference for direct TPMS as it uses advanced sensors to gather accurate pressure information from the tire valves and transmit the information in real-time. Other factors, including the implementation of favorable government policies mandating the installation of TPMS in automobiles to minimize the instances of road accidents and casualties, along with extensive research and development (R&D) activities, are some of the other factors anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global tire pressure monitoring system (TPMS) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, technology, vehicle type and distribution channel.
Breakup by Type:
Direct TPMS
Indirect TPMS
Breakup by Technology:
Intelligent TPMS
Conventional TPMS
Breakup by Vehicle Type:
Passenger Vehicles
Commercial Vehicles
Breakup by Distribution Channel:
OEMs
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ATEQ, Bartec USA LLC, Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation), Continental Aktiengesellschaft, Denso Corporation, Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co. Ltd.), Huf Hulsbeck & Furst GmbH & Co. KG, Nira Dynamics AB, NXP Semiconductors N.V., Pacific Industrial Co. Ltd., Sensata Technologies Inc. and WABCO Holdings Inc. (ZF Friedrichshafen AG).
Key Questions Answered in This Report
- 1. How big is the global Tire Pressure Monitoring System (TPMS) market?
- 2. What is the expected growth rate of the global Tire Pressure Monitoring System (TPMS) market during 2024-2032?
- 3. What are the key factors driving the global Tire Pressure Monitoring System (TPMS) market?
- 4. What has been the impact of COVID-19 on the global Tire Pressure Monitoring System (TPMS) market?
- 5. What is the breakup of the global Tire Pressure Monitoring System (TPMS) market based on the type?
- 6. What is the breakup of the global Tire Pressure Monitoring System (TPMS) market based on the technology?
- 7. What is the breakup of the global Tire Pressure Monitoring System (TPMS) market based on the vehicle type?
- 8. What is the breakup of the global Tire Pressure Monitoring System (TPMS) market based on the distribution channel?
- 9. What are the key regions in the global Tire Pressure Monitoring System (TPMS) market?
- 10. Who are the key players/companies in the global Tire Pressure Monitoring System (TPMS) market?
Product Code: SR112024A2836
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Tire Pressure Monitoring System (TPMS) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Direct TPMS
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Indirect TPMS
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Intelligent TPMS
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Conventional TPMS
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Passenger Vehicles
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 OEMs
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Aftermarket
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 ATEQ
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 Bartec USA LLC
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation)
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Continental Aktiengesellschaft
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Denso Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co. Ltd.)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Huf Hulsbeck & Furst GmbH & Co. KG
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Nira Dynamics AB
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.9 NXP Semiconductors N.V.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Pacific Industrial Co. Ltd.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.11 Sensata Technologies Inc.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Wabco Holdings Inc. (ZF Friedrichshafen AG)
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 SWOT Analysis
- 15.3.1 ATEQ
Product Code: SR112024A2836
List of Figures
- Figure 1: Global: Tire Pressure Monitoring System Market: Major Drivers and Challenges
- Figure 2: Global: Tire Pressure Monitoring System Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Tire Pressure Monitoring System Market: Breakup by Type (in %), 2023
- Figure 4: Global: Tire Pressure Monitoring System Market: Breakup by Technology (in %), 2023
- Figure 5: Global: Tire Pressure Monitoring System Market: Breakup by Vehicle Type (in %), 2023
- Figure 6: Global: Tire Pressure Monitoring System Market: Breakup by Distribution Channel (in %), 2023
- Figure 7: Global: Tire Pressure Monitoring System Market: Breakup by Region (in %), 2023
- Figure 8: Global: Tire Pressure Monitoring System Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Tire Pressure Monitoring System (Direct TPMS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Tire Pressure Monitoring System (Direct TPMS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Tire Pressure Monitoring System (Indirect TPMS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Tire Pressure Monitoring System (Indirect TPMS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Tire Pressure Monitoring System (Intelligent TPMS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Tire Pressure Monitoring System (Intelligent TPMS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Tire Pressure Monitoring System (Conventional TPMS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Tire Pressure Monitoring System (Conventional TPMS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Tire Pressure Monitoring System (Passenger Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Tire Pressure Monitoring System (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Tire Pressure Monitoring System (Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Tire Pressure Monitoring System (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Tire Pressure Monitoring System (OEMs) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Tire Pressure Monitoring System (OEMs) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Tire Pressure Monitoring System (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Tire Pressure Monitoring System (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: North America: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: North America: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: United States: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: United States: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Canada: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Canada: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Asia Pacific: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Asia Pacific: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: China: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: China: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Japan: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Japan: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: India: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: India: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: South Korea: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: South Korea: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Australia: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Australia: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Indonesia: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Indonesia: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Others: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Others: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Europe: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Europe: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Germany: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Germany: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: France: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: France: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: United Kingdom: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: United Kingdom: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Italy: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Italy: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Spain: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Spain: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Russia: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Russia: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Latin America: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Latin America: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Brazil: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Brazil: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Mexico: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Mexico: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Middle East and Africa: Tire Pressure Monitoring System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Middle East and Africa: Tire Pressure Monitoring System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Global: Tire Pressure Monitoring System Industry: SWOT Analysis
- Figure 74: Global: Tire Pressure Monitoring System Industry: Value Chain Analysis
- Figure 75: Global: Tire Pressure Monitoring System Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Tire Pressure Monitoring System Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Tire Pressure Monitoring System Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Tire Pressure Monitoring System Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 4: Global: Tire Pressure Monitoring System Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
- Table 5: Global: Tire Pressure Monitoring System Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 6: Global: Tire Pressure Monitoring System Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Tire Pressure Monitoring System Market Structure
- Table 8: Global: Tire Pressure Monitoring System Market: Key Players
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