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Automotive TPMS (Tire-Pressure Monitoring System)-Global Market Insights and Sales Trends 2024
Synopsis
This technology can provide an effective safety guarantee for driving by recording the tire speed or installing electronic sensors in the tire to automatically monitor the various conditions of the tire in real time
The global Automotive TPMS (Tire-Pressure Monitoring System) market size is expected to reach US$ 3897.6 million by 2029, growing at a CAGR of 7.1% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive TPMS (Tire-Pressure Monitoring System) in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive TPMS (Tire-Pressure Monitoring System) market. Direct TPMS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Indirect TPMS segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive TPMS (Tire-Pressure Monitoring System), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive TPMS (Tire-Pressure Monitoring System) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive TPMS (Tire-Pressure Monitoring System) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive TPMS (Tire-Pressure Monitoring System) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive TPMS (Tire-Pressure Monitoring System) covered in this report include Sensata Technologies, Continental, Pacific Industrial, ZF TRW Automotive Holdings, Huf Electronics, Delphi Automotive, Bartec USA, Bendix Commercial Vehicle Systems and Advanced Vehicle Electronic Technology, etc.
The global Automotive TPMS (Tire-Pressure Monitoring System) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sensata Technologies
Continental
Pacific Industrial
ZF TRW Automotive Holdings
Huf Electronics
Delphi Automotive
Bartec USA
Bendix Commercial Vehicle Systems
Advanced Vehicle Electronic Technology
Nira Dynamics
Global Automotive TPMS (Tire-Pressure Monitoring System) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive TPMS (Tire-Pressure Monitoring System) market, Segment by Type:
Direct TPMS
Indirect TPMS
Global Automotive TPMS (Tire-Pressure Monitoring System) market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive TPMS (Tire-Pressure Monitoring System) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
This technology can provide an effective safety guarantee for driving by recording the tire speed or installing electronic sensors in the tire to automatically monitor the various conditions of the tire in real time
The global Automotive TPMS (Tire-Pressure Monitoring System) market size is expected to reach US$ 3897.6 million by 2029, growing at a CAGR of 7.1% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive TPMS (Tire-Pressure Monitoring System) in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Automotive TPMS (Tire-Pressure Monitoring System) market. Direct TPMS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Indirect TPMS segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive TPMS (Tire-Pressure Monitoring System), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive TPMS (Tire-Pressure Monitoring System) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive TPMS (Tire-Pressure Monitoring System) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive TPMS (Tire-Pressure Monitoring System) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive TPMS (Tire-Pressure Monitoring System) covered in this report include Sensata Technologies, Continental, Pacific Industrial, ZF TRW Automotive Holdings, Huf Electronics, Delphi Automotive, Bartec USA, Bendix Commercial Vehicle Systems and Advanced Vehicle Electronic Technology, etc.
The global Automotive TPMS (Tire-Pressure Monitoring System) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sensata Technologies
Continental
Pacific Industrial
ZF TRW Automotive Holdings
Huf Electronics
Delphi Automotive
Bartec USA
Bendix Commercial Vehicle Systems
Advanced Vehicle Electronic Technology
Nira Dynamics
Global Automotive TPMS (Tire-Pressure Monitoring System) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive TPMS (Tire-Pressure Monitoring System) market, Segment by Type:
Direct TPMS
Indirect TPMS
Global Automotive TPMS (Tire-Pressure Monitoring System) market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive TPMS (Tire-Pressure Monitoring System) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automotive TPMS (Tire-Pressure Monitoring System)
1.1 Automotive TPMS (Tire-Pressure Monitoring System) Market Overview
1.1.1 Automotive TPMS (Tire-Pressure Monitoring System) Product Scope
1.1.2 Automotive TPMS (Tire-Pressure Monitoring System) Market Status and Outlook
1.2 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Region (2018-2029)
1.4 Global Automotive TPMS (Tire-Pressure Monitoring System) Historic Market Size by Region (2018-2023)
1.5 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
1.6.1 North America Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
1.6.2 Europe Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
1.6.4 Latin America Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive TPMS (Tire-Pressure Monitoring System) Market Size (2018-2029)
2 Automotive TPMS (Tire-Pressure Monitoring System) Market by Type
2.1 Introduction
2.1.1 Direct TPMS
2.1.2 Indirect TPMS
2.2 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive TPMS (Tire-Pressure Monitoring System) Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive TPMS (Tire-Pressure Monitoring System) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Type (2018-2029)
3 Automotive TPMS (Tire-Pressure Monitoring System) Market Overview by Application
3.1 Introduction
3.1.1 Passenger Car
3.1.2 Commercial Vehicle
3.2 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive TPMS (Tire-Pressure Monitoring System) Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive TPMS (Tire-Pressure Monitoring System) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive TPMS (Tire-Pressure Monitoring System) Revenue Breakdown by Application (2018-2029)
4 Automotive TPMS (Tire-Pressure Monitoring System) Competition Analysis by Players
4.1 Global Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive TPMS (Tire-Pressure Monitoring System) as of 2022)
4.3 Date of Key Players Enter into Automotive TPMS (Tire-Pressure Monitoring System) Market
4.4 Global Top Players Automotive TPMS (Tire-Pressure Monitoring System) Headquarters and Area Served
4.5 Key Players Automotive TPMS (Tire-Pressure Monitoring System) Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive TPMS (Tire-Pressure Monitoring System) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Sensata Technologies
5.1.1 Sensata Technologies Profile
5.1.2 Sensata Technologies Main Business
5.1.3 Sensata Technologies Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.1.4 Sensata Technologies Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.1.5 Sensata Technologies Recent Developments
5.2 Continental
5.2.1 Continental Profile
5.2.2 Continental Main Business
5.2.3 Continental Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.2.4 Continental Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.2.5 Continental Recent Developments
5.3 Pacific Industrial
5.3.1 Pacific Industrial Profile
5.3.2 Pacific Industrial Main Business
5.3.3 Pacific Industrial Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.3.4 Pacific Industrial Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.3.5 ZF TRW Automotive Holdings Recent Developments
5.4 ZF TRW Automotive Holdings
5.4.1 ZF TRW Automotive Holdings Profile
5.4.2 ZF TRW Automotive Holdings Main Business
5.4.3 ZF TRW Automotive Holdings Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.4.4 ZF TRW Automotive Holdings Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.4.5 ZF TRW Automotive Holdings Recent Developments
5.5 Huf Electronics
5.5.1 Huf Electronics Profile
5.5.2 Huf Electronics Main Business
5.5.3 Huf Electronics Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.5.4 Huf Electronics Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.5.5 Huf Electronics Recent Developments
5.6 Delphi Automotive
5.6.1 Delphi Automotive Profile
5.6.2 Delphi Automotive Main Business
5.6.3 Delphi Automotive Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.6.4 Delphi Automotive Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.6.5 Delphi Automotive Recent Developments
5.7 Bartec USA
5.7.1 Bartec USA Profile
5.7.2 Bartec USA Main Business
5.7.3 Bartec USA Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.7.4 Bartec USA Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.7.5 Bartec USA Recent Developments
5.8 Bendix Commercial Vehicle Systems
5.8.1 Bendix Commercial Vehicle Systems Profile
5.8.2 Bendix Commercial Vehicle Systems Main Business
5.8.3 Bendix Commercial Vehicle Systems Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.8.4 Bendix Commercial Vehicle Systems Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.8.5 Bendix Commercial Vehicle Systems Recent Developments
5.9 Advanced Vehicle Electronic Technology
5.9.1 Advanced Vehicle Electronic Technology Profile
5.9.2 Advanced Vehicle Electronic Technology Main Business
5.9.3 Advanced Vehicle Electronic Technology Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.9.4 Advanced Vehicle Electronic Technology Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.9.5 Advanced Vehicle Electronic Technology Recent Developments
5.10 Nira Dynamics
5.10.1 Nira Dynamics Profile
5.10.2 Nira Dynamics Main Business
5.10.3 Nira Dynamics Automotive TPMS (Tire-Pressure Monitoring System) Products, Services and Solutions
5.10.4 Nira Dynamics Automotive TPMS (Tire-Pressure Monitoring System) Revenue (US$ Million) & (2018-2023)
5.10.5 Nira Dynamics Recent Developments
6 North America
6.1 North America Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive TPMS (Tire-Pressure Monitoring System) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive TPMS (Tire-Pressure Monitoring System) Market Dynamics
11.1 Automotive TPMS (Tire-Pressure Monitoring System) Industry Trends
11.2 Automotive TPMS (Tire-Pressure Monitoring System) Market Drivers
11.3 Automotive TPMS (Tire-Pressure Monitoring System) Market Challenges
11.4 Automotive TPMS (Tire-Pressure Monitoring System) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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