Automotive Tire Pressure Monitoring System 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.

In Automotive Tire Pressure Monitoring System Market , 1 Unit Tire Pressure Monitoring System (TPMS) refers to the whole system used in a car (usually 4 TPMS sensors).

Automotive Tire Pressure Monitoring System Market contains market size and forecasts of Automotive Tire Pressure Monitoring System in global, including the following market information:

Global Automotive Tire Pressure Monitoring System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Tire Pressure Monitoring System Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Tire Pressure Monitoring System companies in 2021 (%)

The global Automotive Tire Pressure Monitoring System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

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

Indirect Tire Pressure Monitoring System Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Tire Pressure Monitoring System include Schrader (Sensata), Continental, ZF TRW, Lear, ACDelco, Pacific Industrial, Bendix, Huf and CUB Elecparts, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Tire Pressure Monitoring System 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 Automotive Tire Pressure Monitoring System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Tire Pressure Monitoring System Market Segment Percentages, by Type, 2021 (%)

Indirect Tire Pressure Monitoring System

Direct Tire Pressure Monitoring System

Global Automotive Tire Pressure Monitoring System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Tire Pressure Monitoring System Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Automotive Tire Pressure Monitoring System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Tire Pressure Monitoring System 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 Automotive Tire Pressure Monitoring System revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Tire Pressure Monitoring System revenues share in global market, 2021 (%)

Key companies Automotive Tire Pressure Monitoring System sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automotive Tire Pressure Monitoring System sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Schrader (Sensata)

Continental

ZF TRW

Lear

ACDelco

Pacific Industrial

Bendix

Huf

CUB Elecparts

Sate Auto Electronic

Denso

Baolong Automotive

NIRA Dynamics

Orange Electronic

Shenzhen Autotech