Direct TPMS Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 6.2 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
In 2022, the global Direct Tire Pressure Monitoring System (TPMS) market was valued at approximately USD 3.5 billion and is projected to reach USD 6.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. The Asia Pacific region dominated the market, accounting for a revenue share of 38.7% in 2023, driven by rising vehicle production and sales in countries like China and India. North America also exhibited significant growth, with the U.S. market expected to register a CAGR of 8.4% over the forecast period, influenced by stringent safety regulations and increasing consumer awareness. Europe followed closely, with countries such as the UK and Germany projected to witness CAGRs of 8.6% and 7.7%, respectively, due to mandatory TPMS installations and environmental concerns. Emerging markets like India and China are anticipated to grow at CAGRs of 12.4% and 10.4%, respectively, between 2025 and 2034, fueled by government initiatives and increasing vehicle ownership. The Middle East and Africa, along with Latin America, are experiencing steady growth due to improving economic conditions and rising awareness of vehicle safety features.
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Schrader (Sensata)
Continental
ZF
Pacific Industrial
Huf
Baolong Automotive
Bendix
Denso
NIRA Dynamics
CUB Elecparts
Steelmate
DIAS
Orange Electronic
Shenzhen Autotech
ACDelco
Nanjing Top Sun
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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. 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 Direct TPMS Market
Passenger Cars
Commercial Vehicles
Two-Wheelers
Heavy-Duty Vehicles
Electric Vehicles
Direct TPMS
Indirect TPMS
Hybrid TPMS
OEMs (Original Equipment Manufacturers)
Aftermarket
Fleet Management Companies
Pressure Sensors
Temperature Sensors
Multi-Functional Sensors
Passenger Monitoring
Commercial Fleet Monitoring
Performance Optimization
Tire Maintenance Management
US (United States, US 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 Direct TPMS 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 Direct TPMS Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Direct TPMS Market, By Type
6. Global Direct TPMS Market, By Application
7. Global Direct TPMS Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Direct TPMS Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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