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Tire Pressure Monitoring Sensor (TPMS) System-Global Market Insights and Sales Trends 2024

Tire Pressure Monitoring Sensor (TPMS) System-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1829898

No of Pages : 114

Synopsis
The global Tire Pressure Monitoring Sensor (TPMS) System market size is expected to reach US$ 11480 million by 2029, growing at a CAGR of 9.2% from 2023 to 2029. The market is mainly driven by the significant applications of Tire Pressure Monitoring Sensor (TPMS) System in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Tire Pressure Monitoring Sensor (TPMS) 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.
The driving factors for the use of Tire Pressure Monitoring Sensor (TPMS) systems include:

1. Safety: TPMS systems play a crucial role in ensuring vehicle safety by monitoring tire pressure in real-time. They alert drivers to any significant deviations from the recommended tire pressure, helping to prevent underinflated or overinflated tires, reducing the risk of accidents, and improving overall road safety.

2. Tire performance and longevity: TPMS systems contribute to optimal tire performance and longevity. By monitoring tire pressure, they help maintain the correct tire inflation, which leads to improved traction, handling, and braking performance. Proper tire inflation also helps prevent uneven wear, extending tire lifespan.

3. Fuel efficiency: TPMS systems aid in maximizing fuel efficiency by promoting proper tire inflation. Underinflated tires can increase rolling resistance, which requires more energy and fuel consumption to propel the vehicle. TPMS systems alert drivers to low tire pressure, allowing them to address the issue promptly and improve fuel efficiency.

4. Preventive maintenance: TPMS systems facilitate preventive maintenance by alerting drivers to tire pressure abnormalities before they become more significant issues. This early detection helps prevent tire damage, blowouts, and potential roadside breakdowns, leading to cost savings on tire repairs or replacements.

5. Regulatory compliance: TPMS systems are required by law in many countries, as part of safety regulations and standards. Compliance with these regulations ensures that vehicles are equipped with TPMS technology to monitor tire pressure and maintain safe driving conditions.

6. Convenience and peace of mind: TPMS systems provide convenience and peace of mind for drivers. By continuously monitoring tire pressure, they eliminate the need for manual tire pressure checks, reducing maintenance tasks and providing greater driver convenience.

7. Insurance benefits: Some insurance companies offer discounted premiums for vehicles equipped with TPMS systems. This recognition of the safety advantages of TPMS can provide financial incentives for vehicle owners to invest in these systems.

8. Technology advancements: Technological advancements in TPMS systems have led to improved accuracy, reliability, and integration with vehicle electronics. Advanced TPMS systems may include wireless communication capabilities, remote monitoring options, or integration with vehicle dashboard displays for easy monitoring by the driver.

Overall, the driving factors for the use of TPMS systems include safety, improved tire performance and longevity, fuel efficiency, preventive maintenance, regulatory compliance, convenience, insurance benefits, and technological advancements. These factors contribute to the adoption and implementation of TPMS systems in modern vehicles, ensuring safer and more efficient driving experiences.
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 Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) System covered in this report include Schrader(Sensata), Continental, ZF, Pacific Industrial, Huf, Baolong Automotive, Bendix, Denso and NIRA Dynamics, etc.
The global Tire Pressure Monitoring Sensor (TPMS) 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:
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
Global Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) System market, Segment by Type:
Direct TPMS
Indirect TPMS
Global Tire Pressure Monitoring Sensor (TPMS) System market, by Application
Passenger Vehicle
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 Tire Pressure Monitoring Sensor (TPMS) 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
Index
1 Market Overview of Tire Pressure Monitoring Sensor (TPMS) System
1.1 Tire Pressure Monitoring Sensor (TPMS) System Market Overview
1.1.1 Tire Pressure Monitoring Sensor (TPMS) System Product Scope
1.1.2 Tire Pressure Monitoring Sensor (TPMS) System Market Status and Outlook
1.2 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size by Region (2018-2029)
1.4 Global Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Region (2018-2023)
1.5 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
1.6.1 North America Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
1.6.2 Europe Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
1.6.3 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
1.6.4 Latin America Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
1.6.5 Middle East & Africa Tire Pressure Monitoring Sensor (TPMS) System Market Size (2018-2029)
2 Tire Pressure Monitoring Sensor (TPMS) System Market by Type
2.1 Introduction
2.1.1 Direct TPMS
2.1.2 Indirect TPMS
2.2 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Type (2018-2023)
2.2.2 Global Tire Pressure Monitoring Sensor (TPMS) System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Type (2018-2029)
3 Tire Pressure Monitoring Sensor (TPMS) System Market Overview by Application
3.1 Introduction
3.1.1 Passenger Vehicle
3.1.2 Commercial Vehicle
3.2 Global Tire Pressure Monitoring Sensor (TPMS) System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Tire Pressure Monitoring Sensor (TPMS) System Historic Market Size by Application (2018-2023)
3.2.2 Global Tire Pressure Monitoring Sensor (TPMS) System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Tire Pressure Monitoring Sensor (TPMS) System Revenue Breakdown by Application (2018-2029)
4 Tire Pressure Monitoring Sensor (TPMS) System Competition Analysis by Players
4.1 Global Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) System as of 2022)
4.3 Date of Key Players Enter into Tire Pressure Monitoring Sensor (TPMS) System Market
4.4 Global Top Players Tire Pressure Monitoring Sensor (TPMS) System Headquarters and Area Served
4.5 Key Players Tire Pressure Monitoring Sensor (TPMS) System Product Solution and Service
4.6 Competitive Status
4.6.1 Tire Pressure Monitoring Sensor (TPMS) System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Schrader(Sensata)
5.1.1 Schrader(Sensata) Profile
5.1.2 Schrader(Sensata) Main Business
5.1.3 Schrader(Sensata) Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.1.4 Schrader(Sensata) Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.1.5 Schrader(Sensata) Recent Developments
5.2 Continental
5.2.1 Continental Profile
5.2.2 Continental Main Business
5.2.3 Continental Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.2.4 Continental Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.2.5 Continental Recent Developments
5.3 ZF
5.3.1 ZF Profile
5.3.2 ZF Main Business
5.3.3 ZF Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.3.4 ZF Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.3.5 Pacific Industrial Recent Developments
5.4 Pacific Industrial
5.4.1 Pacific Industrial Profile
5.4.2 Pacific Industrial Main Business
5.4.3 Pacific Industrial Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.4.4 Pacific Industrial Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.4.5 Pacific Industrial Recent Developments
5.5 Huf
5.5.1 Huf Profile
5.5.2 Huf Main Business
5.5.3 Huf Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.5.4 Huf Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.5.5 Huf Recent Developments
5.6 Baolong Automotive
5.6.1 Baolong Automotive Profile
5.6.2 Baolong Automotive Main Business
5.6.3 Baolong Automotive Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.6.4 Baolong Automotive Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.6.5 Baolong Automotive Recent Developments
5.7 Bendix
5.7.1 Bendix Profile
5.7.2 Bendix Main Business
5.7.3 Bendix Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.7.4 Bendix Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.7.5 Bendix Recent Developments
5.8 Denso
5.8.1 Denso Profile
5.8.2 Denso Main Business
5.8.3 Denso Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.8.4 Denso Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.8.5 Denso Recent Developments
5.9 NIRA Dynamics
5.9.1 NIRA Dynamics Profile
5.9.2 NIRA Dynamics Main Business
5.9.3 NIRA Dynamics Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.9.4 NIRA Dynamics Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.9.5 NIRA Dynamics Recent Developments
5.10 CUB Elecparts
5.10.1 CUB Elecparts Profile
5.10.2 CUB Elecparts Main Business
5.10.3 CUB Elecparts Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.10.4 CUB Elecparts Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.10.5 CUB Elecparts Recent Developments
5.11 Steelmate
5.11.1 Steelmate Profile
5.11.2 Steelmate Main Business
5.11.3 Steelmate Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.11.4 Steelmate Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.11.5 Steelmate Recent Developments
5.12 DIAS
5.12.1 DIAS Profile
5.12.2 DIAS Main Business
5.12.3 DIAS Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.12.4 DIAS Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.12.5 DIAS Recent Developments
5.13 Orange Electronic
5.13.1 Orange Electronic Profile
5.13.2 Orange Electronic Main Business
5.13.3 Orange Electronic Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.13.4 Orange Electronic Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.13.5 Orange Electronic Recent Developments
5.14 Shenzhen Autotech
5.14.1 Shenzhen Autotech Profile
5.14.2 Shenzhen Autotech Main Business
5.14.3 Shenzhen Autotech Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.14.4 Shenzhen Autotech Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.14.5 Shenzhen Autotech Recent Developments
5.15 ACDelco
5.15.1 ACDelco Profile
5.15.2 ACDelco Main Business
5.15.3 ACDelco Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.15.4 ACDelco Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.15.5 ACDelco Recent Developments
5.16 Nanjing Top Sun
5.16.1 Nanjing Top Sun Profile
5.16.2 Nanjing Top Sun Main Business
5.16.3 Nanjing Top Sun Tire Pressure Monitoring Sensor (TPMS) System Products, Services and Solutions
5.16.4 Nanjing Top Sun Tire Pressure Monitoring Sensor (TPMS) System Revenue (US$ Million) & (2018-2023)
5.16.5 Nanjing Top Sun Recent Developments
6 North America
6.1 North America Tire Pressure Monitoring Sensor (TPMS) System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) 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 Tire Pressure Monitoring Sensor (TPMS) System Market Dynamics
11.1 Tire Pressure Monitoring Sensor (TPMS) System Industry Trends
11.2 Tire Pressure Monitoring Sensor (TPMS) System Market Drivers
11.3 Tire Pressure Monitoring Sensor (TPMS) System Market Challenges
11.4 Tire Pressure Monitoring Sensor (TPMS) 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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