US Aftermarket Tire Pressure Monitoring System (TPMS) Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2030.
In South Korea, the aftermarket Tire Pressure Monitoring System (TPMS) market is experiencing significant growth, driven by stringent safety regulations and increasing awareness of vehicle maintenance. The South Korean government mandates TPMS installation in all vehicles under 3.5 tons, enhancing road safety and reducing accidents. This regulation has propelled the demand for aftermarket TPMS solutions, especially for vehicles manufactured before the mandate.
Industries such as logistics and transportation are leading adopters of aftermarket TPMS. Fleet operators recognize that maintaining optimal tire pressure is crucial for fuel efficiency and minimizing tire wear, directly impacting operational costs. Real-time tire pressure monitoring allows for proactive maintenance, reducing downtime and extending vehicle lifespan.
Technological advancements have made modern TPMS more accessible and reliable. Contemporary systems offer real-time monitoring, predictive maintenance alerts, and seamless integration with vehicle telematics. These features are particularly beneficial for commercial fleets, enabling centralized monitoring and management of multiple vehicles.
Despite the benefits, challenges persist in the aftermarket TPMS market. High initial installation costs and compatibility issues with older vehicle models can deter adoption. However, the long-term savings from improved fuel efficiency and reduced maintenance expenses often justify the investment.
Consumer awareness is also on the rise, with drivers becoming more informed about the safety and economic advantages of maintaining proper tire pressure. This shift is encouraging individual vehicle owners to consider aftermarket TPMS installations.
In summary, the South Korean aftermarket TPMS market is poised for continued growth. Driven by regulatory mandates, technological advancements, and increasing industry and consumer awareness, TPMS is becoming an essential component of vehicle safety and maintenance strategies.
Get an In-Depth Research Analysis of the South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market Size And Forecast [2025-2032]
Sate Auto Electronic
Baolong Automotive
Hangshen Electronic
Steelmate Co
Nanjing Top Sun Tech
Kysonix Inc Foryou Corp
Incde Tech
THB Group
HAMATON
Victon
Shenzhen Autotech
Nannar Electronic Tech
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 South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market
Direct TPMS
Indirect TPMS
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
OEM (Original Equipment Manufacturer)
Aftermarket
Wired TPMS
Wireless TPMS
OEM Installation
Replacement
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market Research Analysis
1. Introduction of the South Korea Aftermarket Tire Pressure Monitoring System (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. South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market, By Type
6. South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market, By Application
7. South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Aftermarket Tire Pressure Monitoring System (TPMS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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