The Automotive 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 Automotive Tire Pressure Monitoring System Market?
The market size of the automotive tire pressure monitoring system has experienced rapid growth recently. It is projected to increase from $9.59 billion in 2024 to $11.06 billion in 2025, yielding a compound annual growth rate (CAGR) of 15.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Tire Pressure Monitoring System Industry?
The Automotive Tire Pressure Monitoring System Global Market is predicted to reach a size of $19.56 billion in 2029, growing at a compound annual growth rate (CAGR) of 15.3%.
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What are the Key Growth Drivers Fueling the Automotive Tire Pressure Monitoring System Market?
The key drivers in the automotive tire pressure monitoring system market are:
• The electrification of vehicles
• Development of autonomous vehicles
• Strict government regulations
• Expansion of the connected car ecosystem
Global Market Segmentation: Identifying Major Automotive Tire Pressure Monitoring System Industry Segments
The automotive tire pressure monitoring system market covered in this report is segmented –
1) By Type: Direct TPMS, Indirect TPMS
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
3) By Sales Channel Type: OEM, After market
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What are the Emerging Trends Shaping the Future of the Automotive Tire Pressure Monitoring System Market?
The key trends in the crude oil flow improvers market are:
• Advanced sensor technology is a notable emerging trend in the market.
• The adoption of connected TPMS is also proving influential.
• Predictive maintenance is becoming increasingly popular.
• Integration with smartphones, and the use of data analytics and artificial intelligence are notable future trends.
Who Are the Top Competitors & Leading Players in the Automotive Tire Pressure Monitoring System Market?
Major companies in the automotive tire pressure monitoring system market are:
• Continental AG
• Sensata Technologies Holding plc
• Denso Corporation
• Pacific Industrial Co. Ltd.
• NXP Semiconductors N.V.
• Huf Hülsbeck & Fürst GmbH & Co. KG
• Nira Dynamics AB
• Hamaton Automotive Technology Co. Ltd.
• ATEQ TPMS
• Alligator Ventilfabrik GmbH
• ALPS ALPINE CO. LTD
• Doran Manufacturing
• Bartec USA LLC
• Dill Air Controls Products
• ZF Friedrichshafen AG
• DUNLOP TECH GmbH
• Schrader International Inc.
• WABCO Holdings Inc.
• ACDelco a General Motors Company
• TRW Automotive Inc.
• Bridgestone Corporation
• BorgWarner Inc.
• HELLA GmbH & Co. KGaA
• Lear Corporation
• Omron Corporation
• Visteon Corporation
• Transense Technologies PLC
• Xensor Corporation
• CUB Elecparts Inc.
• Sate Auto Electronic Co. Ltd.
• Shanghai Baolong Automotive Corporation
• Paceline Electronics Inc.
Regional Dominance: Which Area Leads the Global Automotive Tire Pressure Monitoring System Market?
North America was the largest region in the automotive tire pressure monitoring system market in 2024
