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Tire Pressure Monitoring Systems (TPMS)-Global Market Insights and Sales Trends 2024
Synopsis
Tire pressure monitoring system, namely TPMS, is a kind of equipment produced to effectively prevent tire blowout and monitor the change of tire pressure during high-speed driving.
The global Tire Pressure Monitoring Systems (TPMS) market size is expected to reach US$ 4598.2 million by 2029, growing at a CAGR of 6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Tire Pressure Monitoring Systems (TPMS) in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Tire Pressure Monitoring Systems (TPMS) market. One-way 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 Two-way TPMS segment is estimated at % CAGR for the next seven-year period.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
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 Systems (TPMS), 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 Systems (TPMS) 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 Systems (TPMS) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) covered in this report include Dill Air Control Products, Freescale Semiconductor, Doran Manufacturing Llc, Hella, Huf Electronics Bretten, OMRON, ZF Trw, Valor TPMS and Schrader Electronic, etc.
The global Tire Pressure Monitoring Systems (TPMS) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dill Air Control Products
Freescale Semiconductor
Doran Manufacturing Llc
Hella
Huf Electronics Bretten
OMRON
ZF Trw
Valor TPMS
Schrader Electronic
Continental
Pacific Industrial
Denso
Alligator Ventilfabrik
Alps Electric
Bartec
Bendix
Global Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) market, Segment by Type:
One-way TPMS
Two-way TPMS
Global Tire Pressure Monitoring Systems (TPMS) 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 Tire Pressure Monitoring Systems (TPMS) 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
Tire pressure monitoring system, namely TPMS, is a kind of equipment produced to effectively prevent tire blowout and monitor the change of tire pressure during high-speed driving.
The global Tire Pressure Monitoring Systems (TPMS) market size is expected to reach US$ 4598.2 million by 2029, growing at a CAGR of 6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Tire Pressure Monitoring Systems (TPMS) in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Tire Pressure Monitoring Systems (TPMS) market. One-way 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 Two-way TPMS segment is estimated at % CAGR for the next seven-year period.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was ¥131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of ¥15.89 billion.
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 Systems (TPMS), 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 Systems (TPMS) 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 Systems (TPMS) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) covered in this report include Dill Air Control Products, Freescale Semiconductor, Doran Manufacturing Llc, Hella, Huf Electronics Bretten, OMRON, ZF Trw, Valor TPMS and Schrader Electronic, etc.
The global Tire Pressure Monitoring Systems (TPMS) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dill Air Control Products
Freescale Semiconductor
Doran Manufacturing Llc
Hella
Huf Electronics Bretten
OMRON
ZF Trw
Valor TPMS
Schrader Electronic
Continental
Pacific Industrial
Denso
Alligator Ventilfabrik
Alps Electric
Bartec
Bendix
Global Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) market, Segment by Type:
One-way TPMS
Two-way TPMS
Global Tire Pressure Monitoring Systems (TPMS) 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 Tire Pressure Monitoring Systems (TPMS) 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 Tire Pressure Monitoring Systems (TPMS)
1.1 Tire Pressure Monitoring Systems (TPMS) Market Overview
1.1.1 Tire Pressure Monitoring Systems (TPMS) Product Scope
1.1.2 Tire Pressure Monitoring Systems (TPMS) Market Status and Outlook
1.2 Global Tire Pressure Monitoring Systems (TPMS) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Tire Pressure Monitoring Systems (TPMS) Market Size by Region (2018-2029)
1.4 Global Tire Pressure Monitoring Systems (TPMS) Historic Market Size by Region (2018-2023)
1.5 Global Tire Pressure Monitoring Systems (TPMS) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
1.6.1 North America Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
1.6.2 Europe Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
1.6.3 Asia-Pacific Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
1.6.4 Latin America Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
1.6.5 Middle East & Africa Tire Pressure Monitoring Systems (TPMS) Market Size (2018-2029)
2 Tire Pressure Monitoring Systems (TPMS) Market by Type
2.1 Introduction
2.1.1 One-way TPMS
2.1.2 Two-way TPMS
2.2 Global Tire Pressure Monitoring Systems (TPMS) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Tire Pressure Monitoring Systems (TPMS) Historic Market Size by Type (2018-2023)
2.2.2 Global Tire Pressure Monitoring Systems (TPMS) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Type (2018-2029)
3 Tire Pressure Monitoring Systems (TPMS) Market Overview by Application
3.1 Introduction
3.1.1 Passenger Car
3.1.2 Commercial Vehicle
3.2 Global Tire Pressure Monitoring Systems (TPMS) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Tire Pressure Monitoring Systems (TPMS) Historic Market Size by Application (2018-2023)
3.2.2 Global Tire Pressure Monitoring Systems (TPMS) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Tire Pressure Monitoring Systems (TPMS) Revenue Breakdown by Application (2018-2029)
4 Tire Pressure Monitoring Systems (TPMS) Competition Analysis by Players
4.1 Global Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) as of 2022)
4.3 Date of Key Players Enter into Tire Pressure Monitoring Systems (TPMS) Market
4.4 Global Top Players Tire Pressure Monitoring Systems (TPMS) Headquarters and Area Served
4.5 Key Players Tire Pressure Monitoring Systems (TPMS) Product Solution and Service
4.6 Competitive Status
4.6.1 Tire Pressure Monitoring Systems (TPMS) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Dill Air Control Products
5.1.1 Dill Air Control Products Profile
5.1.2 Dill Air Control Products Main Business
5.1.3 Dill Air Control Products Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.1.4 Dill Air Control Products Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.1.5 Dill Air Control Products Recent Developments
5.2 Freescale Semiconductor
5.2.1 Freescale Semiconductor Profile
5.2.2 Freescale Semiconductor Main Business
5.2.3 Freescale Semiconductor Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.2.4 Freescale Semiconductor Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.2.5 Freescale Semiconductor Recent Developments
5.3 Doran Manufacturing Llc
5.3.1 Doran Manufacturing Llc Profile
5.3.2 Doran Manufacturing Llc Main Business
5.3.3 Doran Manufacturing Llc Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.3.4 Doran Manufacturing Llc Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.3.5 Hella Recent Developments
5.4 Hella
5.4.1 Hella Profile
5.4.2 Hella Main Business
5.4.3 Hella Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.4.4 Hella Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.4.5 Hella Recent Developments
5.5 Huf Electronics Bretten
5.5.1 Huf Electronics Bretten Profile
5.5.2 Huf Electronics Bretten Main Business
5.5.3 Huf Electronics Bretten Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.5.4 Huf Electronics Bretten Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.5.5 Huf Electronics Bretten Recent Developments
5.6 OMRON
5.6.1 OMRON Profile
5.6.2 OMRON Main Business
5.6.3 OMRON Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.6.4 OMRON Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.6.5 OMRON Recent Developments
5.7 ZF Trw
5.7.1 ZF Trw Profile
5.7.2 ZF Trw Main Business
5.7.3 ZF Trw Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.7.4 ZF Trw Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.7.5 ZF Trw Recent Developments
5.8 Valor TPMS
5.8.1 Valor TPMS Profile
5.8.2 Valor TPMS Main Business
5.8.3 Valor TPMS Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.8.4 Valor TPMS Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.8.5 Valor TPMS Recent Developments
5.9 Schrader Electronic
5.9.1 Schrader Electronic Profile
5.9.2 Schrader Electronic Main Business
5.9.3 Schrader Electronic Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.9.4 Schrader Electronic Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.9.5 Schrader Electronic Recent Developments
5.10 Continental
5.10.1 Continental Profile
5.10.2 Continental Main Business
5.10.3 Continental Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.10.4 Continental Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.10.5 Continental Recent Developments
5.11 Pacific Industrial
5.11.1 Pacific Industrial Profile
5.11.2 Pacific Industrial Main Business
5.11.3 Pacific Industrial Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.11.4 Pacific Industrial Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.11.5 Pacific Industrial Recent Developments
5.12 Denso
5.12.1 Denso Profile
5.12.2 Denso Main Business
5.12.3 Denso Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.12.4 Denso Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.12.5 Denso Recent Developments
5.13 Alligator Ventilfabrik
5.13.1 Alligator Ventilfabrik Profile
5.13.2 Alligator Ventilfabrik Main Business
5.13.3 Alligator Ventilfabrik Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.13.4 Alligator Ventilfabrik Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.13.5 Alligator Ventilfabrik Recent Developments
5.14 Alps Electric
5.14.1 Alps Electric Profile
5.14.2 Alps Electric Main Business
5.14.3 Alps Electric Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.14.4 Alps Electric Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.14.5 Alps Electric Recent Developments
5.15 Bartec
5.15.1 Bartec Profile
5.15.2 Bartec Main Business
5.15.3 Bartec Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.15.4 Bartec Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.15.5 Bartec Recent Developments
5.16 Bendix
5.16.1 Bendix Profile
5.16.2 Bendix Main Business
5.16.3 Bendix Tire Pressure Monitoring Systems (TPMS) Products, Services and Solutions
5.16.4 Bendix Tire Pressure Monitoring Systems (TPMS) Revenue (US$ Million) & (2018-2023)
5.16.5 Bendix Recent Developments
6 North America
6.1 North America Tire Pressure Monitoring Systems (TPMS) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Tire Pressure Monitoring Systems (TPMS) 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 Systems (TPMS) 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 Systems (TPMS) 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 Systems (TPMS) 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 Systems (TPMS) Market Dynamics
11.1 Tire Pressure Monitoring Systems (TPMS) Industry Trends
11.2 Tire Pressure Monitoring Systems (TPMS) Market Drivers
11.3 Tire Pressure Monitoring Systems (TPMS) Market Challenges
11.4 Tire Pressure Monitoring Systems (TPMS) 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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