Us Tire Pressure Monitoring System Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Tire Pressure Monitoring System Market was valued at USD 5.6 Billion in 2022 and is projected to reach USD 10.3 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The US Tire Pressure Monitoring System (TPMS) market is experiencing rapid growth, driven by the increasing demand for vehicle safety features and the growing focus on fuel efficiency. TPMS is a critical component in modern vehicles, alerting drivers when tire pressure falls below safe levels, which can lead to dangerous driving conditions, reduced tire lifespan, and increased fuel consumption. As a result, the TPMS market in the US is expected to continue its upward trajectory in the coming years.
As of recent years, nearly every new vehicle in the United States comes equipped with a Tire Pressure Monitoring System as a standard feature, thanks to government regulations. This has led to a significant rise in demand for TPMS sensors and related technology. The rise in consumer awareness about tire safety and the push for more sustainable transportation options have further fueled market growth. In addition, advancements in wireless technology and the integration of TPMS with other vehicle systems like infotainment and GPS are making TPMS more advanced and user-friendly than ever before.
The market is also being shaped by a growing number of aftermarket products designed to offer improved TPMS functionality. Consumers looking for enhanced features such as real-time monitoring, mobile app integration, and customizable alerts are driving the adoption of these advanced systems. Industry analysts predict that by 2027, the US TPMS market will witness a compound annual growth rate (CAGR) of 8.5%, signaling a bright future for tire safety technology.
In terms of technology, TPMS can be broadly divided into two categories: direct and indirect systems. Direct TPMS involves sensors that directly measure tire pressure, sending data to the vehicle's onboard computer. Indirect TPMS, on the other hand, uses wheel speed sensors to estimate tire pressure based on the rotational speed of each tire. Both systems are gaining popularity in the US market, with direct TPMS systems often preferred for their accuracy and reliability.
The demand for advanced TPMS solutions is also being driven by the rise of electric vehicles (EVs) and hybrid vehicles, which require precise tire pressure monitoring to maximize battery efficiency and performance. With the growing EV market, TPMS will continue to play an integral role in ensuring the safety and efficiency of these next-generation vehicles.
As the US Tire Pressure Monitoring System market evolves, there is a parallel increase in interest around connected vehicle technology, which ties into the broader trend of smart vehicles. Many experts believe that TPMS will continue to integrate with other vehicle sensors, creating a more interconnected ecosystem for vehicle safety and performance. Just as the 100 Gigabit Fiber Optic Transceiver Market has revolutionized telecommunications, TPMS is set to play a key role in the future of automotive technology.
Get an In-Depth Research Analysis of the Global Tire Pressure Monitoring System Market Size And Forecast [2025-2032]
Schrader (Sensata)
Continental
ZF TRW
Pacific Industrial
Sate Auto Electronic
Huf
Lear
Denso
NIRA Dynamics
ACDelco
Bendix
CUB Elecparts
Orange Electronic
Shenzhen Autotech
Steelmate
Baolong Automotive
Shenzhen Hangshen
Nanjing Top Sun
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 Tire Pressure Monitoring System Market
Direct Tire Pressure Monitoring System (TPMS)
Indirect Tire Pressure Monitoring System (TPMS)
Sensor
Display Unit
Control Module
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Heavy-Duty Vehicles
Original Equipment Manufacturers (OEM)
Aftermarket
Individual Users
Fleet Owners
Automobile Manufacturers
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 Tire Pressure Monitoring System 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 Tire Pressure Monitoring System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tire Pressure Monitoring System Market, By Type
6. Global Tire Pressure Monitoring System Market, By Application
7. Global Tire Pressure Monitoring System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Tire Pressure Monitoring System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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