Automotive Tire Pressure Monitoring System Market is estimated to be valued at USD 9.15 Bn in 2025 and is expected to reach USD 21.53 Bn by 2032, growing at a compound annual growth rate (CAGR) of 13% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 9.15 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
13.00%
2032 Value Projection:
USD 21.53 Bn
A tire pressure monitoring system (tpms) is an electronic system that plays a vital role in vehicle safety by providing real-time information on tire pressure. By continuously monitoring tire pressure, tpms ensures that drivers have accurate and up-to-date data on tire conditions. This information is important because under-inflated tires can lead to poor fuel economy, poor handling and braking performance, and an increased risk of tire failure. Tpms not only detects low tire pressure but also alerts the driver to a certain number of under-inflated tires so that immediate action can be taken to correct the problem and maintain optimal tire performance. With features that improve safety, fuel economy, and overall vehicle performance, tpms has become an integral part of modern vehicles, contributing to a smoother and safer driving experience for drivers around the world
Market Dynamics
The market dynamics of the tire pressure monitoring system (TPMS) market are influenced by various factors shaping its growth and development. One of the main drivers of the TPMS market is the increasing focus on vehicle safety and regulatory requirements. Government regulations mandating the installation of TPMS in vehicles have greatly contributed to the growth of the market. In addition, increasing consumer awareness of the importance of tire safety and the benefits of TPMS has increased the demand for this technology. Another factor driving the TPMS market is the increase in automobile production and sales. As the automotive industry continues to expand worldwide, the demand for TPMS as standard equipment on new vehicles is increasing. Oems integrate TPMS into their vehicle models to improve safety and meet customer expectations.
Key Features of the Study
This report provides an in-depth analysis of the global automotive tire pressure monitoring system (TPMS) market with market size (USD Bn) and CAGR (%) over the forecast period 2023 - 2030, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players.
It profiles leading players in the global automotive tire pressure monitoring system (tpms) market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies.
Key companies covered as part of this study include ZF Friedrichshafen AG, ATEQ, Continental AG, Bartec USA LLC, Sensata Technologies, Inc., Huf Hulsbeck & Furst GmbH & Co. KG, AUTOMOTIVE TECHNOLOGY CO., LTD., Rivigo Services, Denso Corporation, DUNLOP TECH GmbH, Pacific Industrial Co., Ltd., Bendix Commercial Vehicles Systems LLC, NXP Semiconductors, NIRA Dynamics AB, WABCO, and HAMATON AUTOMOTIVE TECHNOLOGY CO., LTD among others.
Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to future product launches, technology upgrades, market expansion, and marketing tactics.
Various strategy matrices used in analyzing the global automotive tire pressure monitoring system (tpms) market would provide stakeholders with vital inputs to make strategic decisions accordingly.
Market Segmentation
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Product Type
Direct TPMS
Indirect TPMS
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Vehicle Type
Passenger Car
LCV
HCV
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Sales Channel
OEM
Aftermarket
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Region
North America
U.S.
Canada
Europe
Germany
Italy
U.K.
France
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
Australia
India
ASEAN
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
GCC Countries
Israel
South Africa
Rest of Middle East and Africa
Global Automotive Tire Pressure Monitoring System (TPMS) Market Key Competitors
ZF Friedrichshafen AG
ATEQ
Continental AG
Bartec USA LLC
Sensata Technologies, Inc.
Huf Hulsbeck & Furst GmbH & Co. KG
AUTOMOTIVE TECHNOLOGY CO., LTD.
Rivigo Services
Denso Corporation
DUNLOP TECH GmbH
Pacific Industrial Co., Ltd.
Bendix Commercial Vehicles Systems LLC
NXP Semiconductors
NIRA Dynamics AB
WABCO
Hamaton Automotive Technology CO., LTD.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet By Product Type
Market Snippet By Vehicle Type
Market Snippet By Sales Channel
Market Snippet By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing integration of automotive safety systems
Improved fuel economy
Restraints
Tracking of vehicle due to TPMS signal
Lack of universal standardization and compatibility across different vehicle models and regions.
Market Opportunities
Emerging markets across the globe
Increasing adoption of electric vehicles
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trends
Mergers and Acquisitions
New system Launches/Approvals
4. Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Product Type, 2020 - 2032 (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends Market Share Analysis, 2025 and 2032 (%)
Direct TPMS
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Indirect TPMS
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Vehicle Type, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends Market Share Analysis, 2025 and 2032 (%)
Passenger Car
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
LCV
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
HCV
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Sales Channel, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends Market Share Analysis, 2025 and 2032 (%)
OEM
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Aftermarket
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
U.S.
Canada
Europe
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)