Persistence Market Research has recently released a comprehensive report on the worldwide market for TPMS batteries. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global TPMS battery market from 2025 to 2032.
Key Insights:
TPMS Battery Market Size (2025E): USD 703.3 Mn
Projected Market Value (2032F): USD 1121.9 Mn
Global Market Growth Rate (CAGR 2025 to 2032): 6.9%
TPMS Battery Market - Report Scope:
TPMS (Tire Pressure Monitoring System) batteries are integral components of vehicles equipped with tire pressure monitoring systems, which ensure optimal tire pressure for safety and fuel efficiency. The TPMS battery market caters to automotive manufacturers, aftermarket suppliers, and consumers, offering a range of battery types used in both direct and indirect TPMS systems. Market growth is driven by increasing vehicle production, growing consumer awareness regarding vehicle safety, and the need for improved fuel efficiency. Furthermore, the growing adoption of electric vehicles (EVs) and the integration of TPMS in new vehicle models further boost market expansion.
Market Growth Drivers:
The global TPMS battery market is propelled by several key factors, including rising concerns over road safety, government regulations mandating the installation of TPMS in vehicles, and the increasing number of vehicles on the road. As regulatory bodies worldwide enforce stricter safety standards, particularly in the U.S. and Europe, the demand for TPMS batteries is expected to surge. Additionally, the growing automotive aftermarket sector contributes to the replacement and upgrade of TPMS batteries, further driving market expansion. The rise of electric vehicles (EVs) and hybrid vehicles also presents new opportunities for market players, as these vehicles increasingly feature advanced TPMS systems that rely on more efficient and long-lasting batteries.
Market Restraints:
Despite promising growth prospects, the TPMS battery market faces challenges related to the limited lifespan of existing battery technologies, high replacement costs, and the impact of counterfeit products. The relatively short battery life of traditional TPMS batteries leads to frequent replacements, which can be costly for consumers. Moreover, the market faces supply chain disruptions due to fluctuating raw material prices, affecting battery production. Additionally, the presence of counterfeit or low-quality TPMS batteries in the market could hinder growth by affecting the reliability and performance of TPMS systems.
Market Opportunities:
The TPMS battery market presents significant growth opportunities driven by technological advancements, the adoption of lithium-based batteries, and increased vehicle electrification. With the ongoing trend of developing more energy-efficient batteries with longer lifespans, manufacturers are focusing on creating advanced solutions to address existing limitations. Additionally, the expansion of the electric vehicle (EV) market provides new avenues for TPMS battery manufacturers, as EVs require more advanced, durable, and energy-efficient batteries. Investment in research and development for next-generation TPMS batteries is also expected to play a critical role in sustaining long-term market growth.
Key Questions Answered in the Report:
What are the primary factors driving the growth of the TPMS battery market globally?
Which battery types and applications are driving TPMS adoption across different automotive sectors?
How are technological advancements reshaping the competitive landscape of the TPMS battery market?
Who are the key players contributing to the TPMS battery market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global TPMS battery market?
Competitive Intelligence and Business Strategy:
Leading players in the global TPMS battery market, including Panasonic Corporation, VARTA AG, and Energizer Holdings, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop longer-lasting and more efficient battery solutions, incorporating advanced technologies such as lithium-ion batteries. Collaborations with automotive manufacturers, particularly in the electric vehicle sector, facilitate market access and promote technology adoption. Moreover, expanding aftermarket services and offering cost-effective, high-performance batteries help companies maintain market leadership in the evolving TPMS landscape.
Key Companies Profiled:
Panasonic Corporation
VARTA AG
Energizer Holdings
Duracell International
Robert Bosch GmbH
A123 Systems LLC
TOSHIBA CORPORATION
Exide Technologies
Sanyo Electric Co., Ltd.
GS Yuasa International Ltd.
TPMS Battery Market Research Segmentation:
By Battery Type:
Lithium-ion Batteries
Alkaline Batteries
Zinc-Carbon Batteries
Other Battery Types
By Application:
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Aftermarket Replacement
By End-User:
Automotive Manufacturers
Automotive Aftermarket
OEMs
Consumers
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Table of Contents
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Background
3.1. Parent Market Overview (TPMS Market)
3.2. Porter's Analysis
3.3. Macro-Economic Factors
3.3.1. Global GDP by Region, 2019 - 2032
3.3.2. Global Automotive Production by Region
3.3.3. Global Automotive Fleet on Road Outlook by Region
3.3.4. Road Crash Statistics
3.3.5. Worldwide Road Accidents
3.4. Forecast Factors - Relevance & Impact
3.5. Value Chain
3.6. Market Dynamics
3.6.1. Drivers
3.6.2. Restraints
3.6.3. Opportunity
3.6.4. Trends
3.7. Global Automotive TPMS Market: Regulations
4. Market Forecast
4.1. Market Volume Projections
4.2. Pricing Analysis
4.3. Market Size Projections
4.3.1. Y-o-Y Projections
4.3.2. Absolute $ Opportunity Analysis
5. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Battery Type
5.1. Introduction
5.2. Historical Market Size (US$ Mn) and Volume Analysis By Battery Type (2019 - 2024)
5.3. Market Size (US$ Mn) and Volume Forecast By Battery Type (2025 - 2032)
5.3.1. CR Type Battery
5.3.1.1. CR2032
5.3.1.2. CR2430
5.3.1.3. CR2320
5.3.2. BR Type Battery
5.4. Market Attractiveness Analysis By Battery Type
6. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Capacity
6.1. Introduction
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Capacity (2019 - 2024)
6.3. Market Size (US$ Mn) and Volume Forecast By Capacity (2025 - 2032)
6.3.1. Up To 350 mA
6.3.2. Above 350 mA
6.4. Market Attractiveness Analysis By Capacity
7. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Type
7.1. Introduction
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Type (2019 - 2024)
7.3. Market Size (US$ Mn) and Volume Forecast By Type (2025 - 2032)
7.3.1. Lithium Ion
7.3.2. Nickel Metal Hydride
7.4. Market Attractiveness Analysis By Type
8. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Sales Channel
8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel (2019 - 2024)
8.3. Market Size (US$ Mn) and Volume Forecast By Sales Channel (2025 - 2032)
8.3.1. OES (Original Equipment Suppliers)
8.3.2. IAM (Independent Aftermarket)
8.4. Market Attractiveness Analysis By Sales Channel
9. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Distribution Channel
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel (2019 - 2024)
9.3. Market Size (US$ Mn) and Volume Forecast By Distribution Channel (2025 - 2032)
9.3.1. Offline Sales
9.3.2. Online Sales
9.4. Market Attractiveness Analysis By Distribution Channel
10. Global Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032, By Region
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region (2019 - 2024)
10.3. Market Size (US$ Mn) and Volume Forecast By Region (2025 - 2032)
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. SEA and Other APAC
10.3.5. China
10.3.6. Japan
10.3.7. MEA
10.4. Market Attractiveness Analysis By Region
11. North America Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
11.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
11.3.1. By Country
11.3.1.1. U.S.
11.3.1.2. Canada
11.3.2. By Battery Type
11.3.3. By Capacity
11.3.4. By Type
11.3.5. By Sales Channel
11.3.6. By Distribution Channel
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Battery Type
11.4.3. By Capacity
11.4.4. By Type
11.4.5. By Sales Channel
11.4.6. By Distribution Channel
12. Latin America Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
12.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
12.3.1. By Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Rest of Latin America
12.3.2. By Battery Type
12.3.3. By Capacity
12.3.4. By Type
12.3.5. By Sales Channel
12.3.6. By Distribution Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Battery Type
12.4.3. By Capacity
12.4.4. By Type
12.4.5. By Sales Channel
12.4.6. By Distribution Channel
13. Europe Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
13.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
13.3.1. By Country
13.3.1.1. Germany
13.3.1.2. Italy
13.3.1.3. France
13.3.1.4. Spain
13.3.1.5. Russia
13.3.1.6. Poland
13.3.1.7. Rest of Europe
13.3.2. By Battery Type
13.3.3. By Capacity
13.3.4. By Type
13.3.5. By Sales Channel
13.3.6. By Distribution Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Battery Type
13.4.3. By Capacity
13.4.4. By Type
13.4.5. By Sales Channel
13.4.6. By Distribution Channel
14. SEA and Other APAC Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
14.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
14.3.1. By Country
14.3.1.1. India
14.3.1.2. ASEAN Countries
14.3.1.3. Australia & New Zealand
14.3.1.4. Rest of SEA & Other APAC
14.3.2. By Battery Type
14.3.3. By Capacity
14.3.4. By Type
14.3.5. By Sales Channel
14.3.6. By Distribution Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Battery Type
14.4.3. By Capacity
14.4.4. By Type
14.4.5. By Sales Channel
14.4.6. By Distribution Channel
15. China Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
15.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
15.3.1. By Battery Type
15.3.2. By Capacity
15.3.3. By Type
15.3.4. By Sales Channel
15.3.5. By Distribution Channel
15.4. Market Attractiveness Analysis
15.4.1. By Battery Type
15.4.2. By Capacity
15.4.3. By Type
15.4.4. By Sales Channel
15.4.5. By Distribution Channel
16. Japan Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
16.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
16.3.1. By Battery Type
16.3.2. By Capacity
16.3.3. By Type
16.3.4. By Sales Channel
16.3.5. By Distribution Channel
16.4. Market Attractiveness Analysis
16.4.1. By Battery Type
16.4.2. By Capacity
16.4.3. By Type
16.4.4. By Sales Channel
16.4.5. By Distribution Channel
17. Middle East & Africa Tire Pressure Monitoring System Battery Market Analysis 2019 - 2024 and Forecast 2025 - 2032
17.1. Introduction
17.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
17.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
17.3.1. By Country
17.3.1.1. GCC Countries
17.3.1.2. Turkey
17.3.1.3. South Africa
17.3.1.4. Rest of MEA
17.3.2. By Battery Type
17.3.3. By Capacity
17.3.4. By Type
17.3.5. By Sales Channel
17.3.6. By Distribution Channel
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Battery Type
17.4.3. By Capacity
17.4.4. By Type
17.4.5. By Sales Channel
17.4.6. By Distribution Channel
18. Tire Pressure Monitoring System Battery Market Industry Structure
18.1. Prominent Factor Affecting the Market Competition
18.2. Key Trends Affecting the Suppliers/Manufacturer
18.3. Product, Channel & Market Strategy Analysis
18.4. Global TPMS Battery Market Strategy
18.5. Tier Structure Analysis by Region & market Concentration by Tier Level