Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Automobile TPMS, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile TPMS. This report contains market size and forecasts of Automobile TPMS in global, including the following market information:
Global Automobile TPMS Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automobile TPMS Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automobile TPMS companies in 2022 (%)
The global Automobile TPMS market was valued at US$ 3830.8 million in 2022 and is projected to reach US$ 5450.9 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Automobile TPMS manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automobile TPMS Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile TPMS Market Segment Percentages, by Type, 2022 (%)
Direct TPMS
Indirect TPMS
Global Automobile TPMS Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile TPMS Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automobile TPMS Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile TPMS Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automobile TPMS revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automobile TPMS revenues share in global market, 2022 (%)
Key companies Automobile TPMS sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automobile TPMS sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automobile TPMS, market overview.
Chapter 2: Global Automobile TPMS market size in revenue and volume.
Chapter 3: Detailed analysis of Automobile TPMS manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automobile TPMS in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automobile TPMS capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
