Tire Pressure Monitoring Systems Market Analysis 2025–2030: Size, Share & Future Outlook

Market Size, Growth & Valuation (2025-30)

Tire Pressure Monitoring Systems Market size was valued at around USD 6.59 billion in 2024 and is projected to reach USD 11.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.32% during the forecast period, i.e., 2025-30.

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Tire Pressure Monitoring Systems Market Structure – Segmentation & Geography

By Technology

Direct Tire Pressure Monitoring System
Indirect Tire Pressure Monitoring System

Here, Direct Tire Pressure Monitoring System is expected to gain the largest market share during the forecast period, aided by the features such as delivering exact pressure for each tire, no loss of tire pressure information, sensor batteries that last the life of the vehicle mostly and ability to monitor spare tires.

By Sales Channel

OEMs
Aftermarket

By Vehicle Type

Passenger Vehicle
Commercial Vehicle

Between the two, Passenger Vehicle dominated the market with the largest market share during the historical period and is anticipated to follow the same trend in the forecast years.

By Region

North America
South America
Europe
Middle East
Africa
Asia-Pacific.

Asia-Pacific is expected to address the maximum growth in the market during the forecasting period, attributing to the adherence to strict regulatory rules concerning safety and the use of tire pressure monitoring systems in emerging nations such as China, Japan, and South Korea.

Key Growth Trends (2025-2030)

Evolving Technological Advancement – Technological advancements such as enhanced sensor accuracy, real-time data monitoring, and longer battery life are making TPMS solutions more reliable and user-friendly. These improvements facilitate seamless integration with modern vehicle systems, ensuring efficient performance and ease of use for both manufacturers and consumers. As a result, the adoption of TPMS is accelerating, driven by heightened safety standards and consumer demand for advanced automotive features. Overall, technological innovation is serving as a key catalyst for growth and competitiveness within the TPMS market.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The Tire Pressure Monitoring Systems industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading Tire Pressure Monitoring Systems Companies are:

Continental AG
Denso corporation
Delphi Automotive
Sensata Technologies
Dunlop Tech Gbmh
Wabco
Bendix Commercial Vehicle systems LLC
Schrader Electronics
Pacific Industrial Co., Ltd.
Huf and Hlsbeck & Frst Gmbh & Co.

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Key Questions Answered in This Report:

What is the current market size of Tire Pressure Monitoring Systems, and what growth rate is projected by 2030?
Which key trends are driving Tire Pressure Monitoring Systems market expansion in the next five years?
How does market segmentation impact industry dynamics?
Which geographic regions offer the highest growth potential?
What are the primary challenges hindering Tire Pressure Monitoring Systems industry growth?
How do regulatory policies influence market development?
What are the latest technological advancements impacting the sector?
Who are the leading Tire Pressure Monitoring Systems companies, and what are their market shares?
What strategies are top competitors adopting to maintain dominance?
What are the emerging niche segments with high growth potential?
How do macroeconomic factors affect market performance?
What are the investment opportunities for new entrants?
How does pricing strategy vary across different market segments?
What are the future innovation trends expected in this industry?

Other Report:

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