The Advanced Tire Pressure Monitoring System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Advanced Tire Pressure Monitoring System Market?
The historical growth trend for the Advanced Tire Pressure Monitoring System Global Market Report 2025 indicates that the market has seen substantial growth lately. The market size for this segment is projected to increase from $4.91 billion in 2024 to $5.3 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Advanced Tire Pressure Monitoring System Industry?
The Advanced Tire Pressure Monitoring System Global Market is projected to reach a size of $7.09 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.6%.
Download Your Free Sample of the 2025 Advanced Tire Pressure Monitoring System Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Advanced Tire Pressure Monitoring System Market?
The key drivers in the advanced tire pressure monitoring system market are:
• Rising adoption in commercial vehicles of advanced tire pressure monitoring systems
• Growing focus on predictive maintenance in the auto industry
• Expansion of electric and autonomous vehicles deploying advanced TPMS
• Increasing tire replacement demand boosting the demand for advanced TPMS.
Global Market Segmentation: Identifying Major Advanced Tire Pressure Monitoring System Industry Segments
The advanced tire pressure monitoring system market covered in this report is segmented –
1) By Product Type: Direct Tire Pressure Monitoring System (TPMS), Indirect Tire Pressure Monitoring System (TPMS)
2) By Technology: Battery-Powered, Energy Harvesting
3) By Vehicle Type: Passenger Vehicles, Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Pre-order the 2025 Advanced Tire Pressure Monitoring System Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Advanced Tire Pressure Monitoring System Market?
The key trends in the advanced tire pressure monitoring system market are:
• The trend towards real-time monitoring is becoming prevalent in the advanced tire pressure monitoring system market.
• The future market is likely to be influenced by integration with telematics platforms.
• There's an emerging focus on wireless and app-based tire pressure monitoring system solutions.
• Miniaturization of sensors and the use of cloud-based data analytics is a growing trend in the advanced tire pressure monitoring system market.
Who Are the Top Competitors & Leading Players in the Advanced Tire Pressure Monitoring System Market?
Major players in the advanced tire pressure monitoring system market are:
• Hitachi Astemo Ltd.
• ZF Friedrichshafen AG
• Orange Electronic Co., Ltd.
• Denso Corporation
• Continental AG
• Hyundai Mobis Co. Ltd.
• Valeo S.A.
• Infineon Technologies AG
• NXP Semiconductors N.V.
• HELLA GmbH & Co. KGaA
• Delphi Technologies PLC
• Sensata Technologies Holding PLC
• Pacific Industrial Co. Ltd.
• Huf Hülsbeck & Fürst GmbH & Co. KG
• Bartec USA LLC
• Schrader Electronics Limited
• CUB Elecparts Inc.
• ATEQ TPMS Tools LC
• Bendix Commercial Vehicle Systems LLC
• Renesas Electronics Corporation.
• TVS Motor Company
Regional Dominance: Which Area Leads the Global Advanced Tire Pressure Monitoring System Market?
North America was the largest region in the advanced tire pressure monitoring system market in 2024
