United States Tire Pressure Monitoring System Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030.
The US Tire Pressure Monitoring System (TPMS) Market is experiencing rapid growth, driven by the increasing awareness about vehicle safety and regulations mandating the use of TPMS in vehicles. As automakers and industries work towards improving safety standards, TPMS technology has become an essential component in monitoring tire pressure in real time, helping to prevent accidents, increase fuel efficiency, and reduce tire wear. But what exactly is driving the demand for TPMS, and how does it serve various industries?
At its core, TPMS ensures that a vehicle’s tires are inflated to the proper pressure, alerting the driver to any significant loss of pressure that could lead to a safety hazard. This has become more critical with the growing number of vehicles on the road, where tire-related incidents, such as blowouts and under-inflated tires, can lead to accidents. The US market is expected to expand further, fueled by the increasing adoption of safety features in automobiles.
In terms of industries, TPMS is not limited to just the automotive sector. It plays a vital role in industries such as logistics, transportation, and fleet management, where large numbers of vehicles are on the road at all times. For instance, commercial trucking companies rely on TPMS to optimize tire maintenance schedules, enhance fuel efficiency, and reduce downtime due to tire-related issues. Moreover, the shift towards electric vehicles (EVs) has also accelerated the demand for TPMS as part of the broader movement toward advanced safety technologies.
The growing trend of adopting smart vehicles is another factor driving TPMS adoption. Smart sensors integrated with TPMS systems provide data on tire health that can be shared in real-time with fleet operators and service centers. This enables predictive maintenance, reducing operational costs and improving the overall efficiency of fleets.
The Tire Pressure Monitoring System Market has seen a significant rise in demand from the automotive aftermarket industry as well. With an increasing number of consumers seeking to replace or retrofit their vehicles with advanced TPMS technology, automotive service providers are capitalizing on this trend by offering installation and maintenance services. As the market continues to grow, innovations in TPMS, including wireless and tire-integrated systems, are expected to drive future demand.
In summary, the Tire Pressure Monitoring System Market in the US is thriving as industries from automotive to logistics increasingly recognize its value in enhancing safety and operational efficiency. With new technological advancements on the horizon, TPMS will continue to play a crucial role in shaping the future of transportation and vehicle management.
Get an In-Depth Research Analysis of the US Tire Pressure Monitoring System Market Size And Forecast [2025-2032]
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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
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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. 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 US 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
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 US 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. US Tire Pressure Monitoring System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Tire Pressure Monitoring System Market, By Type
6. US Tire Pressure Monitoring System Market, By Application
7. US Tire Pressure Monitoring System Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Tire Pressure Monitoring System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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