Automobile TPMS Market

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.

Automobile TPMS Market contains market size and forecasts of Automobile TPMS in global, including the following market information:

Global Automobile TPMS Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automobile TPMS Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automobile TPMS companies in 2021 (%)

The global Automobile TPMS market was valued at 3830.8 million in 2021 and is projected to reach US$ 5450.9 million by 2028, at a CAGR of 5.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Direct TPMS Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automobile TPMS include Schrader (Sensata), Continental, ZF TRW, Pacific Industrial, Huf, Denso, Lear, Bendix and Baolong Automotive, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automobile TPMS Market Segment Percentages, by Type, 2021 (%)

Direct TPMS

Indirect TPMS

Global Automobile TPMS Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automobile TPMS Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Automobile TPMS Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automobile TPMS Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Automobile TPMS revenues share in global market, 2021 (%)

Key companies Automobile TPMS sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automobile TPMS sales share in global market, 2021 (%)

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