Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market was valued at USD 1.52 Billion in 2022 and is projected to reach USD 3.45 Billion by 2030, growing at a CAGR of 10.70% from 2024 to 2030.
The market's growth trajectory from 2018 to 2022 was driven by a combination of factors, including stricter government regulations on vehicle safety, heightened consumer awareness regarding the importance of tire maintenance, and the growing trend of electric vehicles (EVs). Tire pressure monitoring systems are now a standard feature in most vehicles, particularly after regulatory requirements in regions such as the United States and Europe made them mandatory for new vehicles. The advancements in sensor technology have made these devices more affordable and reliable, further driving market adoption.
Looking ahead, the demand for these integrated tire pressure monitoring sensor chips is expected to continue its upward trajectory from 2023 to 2033. This forecast period will witness a strong emphasis on innovations, such as integration with vehicle-to-everything (V2X) communication, artificial intelligence (AI) systems, and cloud-based data processing. These technologies will allow for smarter tire management, where vehicles can provide real-time tire health updates, reducing the risk of accidents caused by tire-related failures. The shift towards autonomous driving and the increase in electric vehicles will further boost demand for more advanced, energy-efficient, and integrated tire pressure monitoring systems.
The demand will also be fueled by the growing emphasis on sustainability and fuel efficiency. As consumers and governments push for greener transportation options, tire pressure monitoring systems that contribute to better fuel economy and reduced emissions are becoming increasingly desirable. The market will also see rising demand from emerging markets, where growing vehicle ownership and expanding automotive industries present new opportunities for vehicle-level fully integrated tire pressure monitoring sensor chip technology.
Get an In-Depth Research Analysis of the Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market Size And Forecast [2025-2032]
The vehicle-level fully integrated tire pressure monitoring sensor chip market has seen significant growth between 2018 and 2022. With technological advancements in tire pressure monitoring systems (TPMS), automakers have increasingly adopted these chips to enhance vehicle safety and performance. In the past few years, demand for vehicle-level fully integrated tire pressure monitoring sensor chips has surged as more vehicles are equipped with advanced safety features. The development of chips that provide real-time data on tire conditions has become essential for both original equipment manufacturers (OEMs) and the aftermarket industry. These sensors are not only improving vehicle safety but also offering greater fuel efficiency and optimized tire maintenance.
Sensata
Infineon Technologies
Melexis
NXP
Autochips (Navinfo)
Senasic
Hiway Semi
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market
Passenger Vehicle
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip market share In 2023.
OEM Market
After Market
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market, By Type
6. Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market, By Application
7. Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Vehicle-Level Fully Integrated Tire Pressure Monitoring Sensor Chip Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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