The global market for Tire Pressure Monitoring Systems (TPMS) was valued at US$20.3 Billion in 2024 and is projected to reach US$42.7 Billion by 2030, growing at a CAGR of 13.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Tire Pressure Monitoring Systems (TPMS) market.
Technological advancements have significantly improved the functionality and reliability of TPMS. Modern TPMS units are equipped with more accurate sensors, better battery life, and enhanced connectivity features. Innovations such as real-time pressure monitoring, temperature sensors, and integration with vehicle telematics have expanded the capabilities of TPMS beyond mere pressure monitoring. Additionally, advancements in wireless communication technologies have enabled the development of more sophisticated direct TPMS systems that can provide continuous, real-time data directly to the driver's dashboard or even to mobile apps. This allows for greater convenience and proactive maintenance, as drivers can monitor tire pressure and health from their smartphones. Furthermore, the incorporation of AI and machine learning algorithms into TPMS has opened up possibilities for predictive maintenance, where the system can predict potential tire failures before they happen, based on patterns and historical data.
The growth in the Tire Pressure Monitoring Systems (TPMS) market is driven by several factors, including increasing vehicle safety regulations, rising consumer awareness about tire safety, and advancements in automotive technologies. Governments around the world are implementing stringent safety standards that mandate the inclusion of TPMS in new vehicles to enhance road safety. For instance, the United States and the European Union have regulations requiring TPMS in all passenger cars and light trucks. This regulatory push is a significant driver of market growth. Moreover, growing consumer awareness about the benefits of maintaining proper tire pressure, such as improved fuel efficiency, reduced tire wear, and enhanced safety, has led to higher adoption rates of TPMS. Technological advancements have also played a crucial role, as they have made TPMS more reliable, user-friendly, and affordable, encouraging broader adoption across various vehicle segments. The rise of electric and autonomous vehicles, which demand advanced safety and monitoring systems, further propels the demand for sophisticated TPMS solutions. Additionally, the aftermarket segment for TPMS is expanding, driven by vehicle owners' increasing preference for retrofitting older vehicles with modern safety technologies. These factors collectively ensure the sustained growth and evolution of the TPMS market, underscoring its critical role in contemporary automotive safety and performance.
Segments: Type (Direct, and Indirect); Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV)); End-Use (OEM, and Aftermarket).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Tire Pressure Monitoring Systems (TPMS) Market - Key Trends & Drivers Summarized
Tire Pressure Monitoring Systems (TPMS) are essential automotive safety features designed to continuously monitor the air pressure inside pneumatic tires on various types of vehicles. TPMS systems alert the driver when tire pressure falls below a critical threshold, significantly enhancing vehicle safety by preventing tire-related accidents and improving fuel efficiency. There are two primary types of TPMS: direct and indirect. Direct TPMS uses sensors mounted inside the tires to measure pressure levels directly and transmit the data to the vehicle's onboard computer. Indirect TPMS, on the other hand, estimates tire pressure by monitoring wheel speed sensors used by the anti-lock braking system (ABS). When a tire is under-inflated, it has a different rotational speed compared to properly inflated tires, which the system interprets as a pressure issue. Both systems aim to ensure that drivers are promptly informed about tire conditions, helping to maintain optimal tire pressure, reduce tire wear, and enhance overall vehicle performance.Technological advancements have significantly improved the functionality and reliability of TPMS. Modern TPMS units are equipped with more accurate sensors, better battery life, and enhanced connectivity features. Innovations such as real-time pressure monitoring, temperature sensors, and integration with vehicle telematics have expanded the capabilities of TPMS beyond mere pressure monitoring. Additionally, advancements in wireless communication technologies have enabled the development of more sophisticated direct TPMS systems that can provide continuous, real-time data directly to the driver's dashboard or even to mobile apps. This allows for greater convenience and proactive maintenance, as drivers can monitor tire pressure and health from their smartphones. Furthermore, the incorporation of AI and machine learning algorithms into TPMS has opened up possibilities for predictive maintenance, where the system can predict potential tire failures before they happen, based on patterns and historical data.
The growth in the Tire Pressure Monitoring Systems (TPMS) market is driven by several factors, including increasing vehicle safety regulations, rising consumer awareness about tire safety, and advancements in automotive technologies. Governments around the world are implementing stringent safety standards that mandate the inclusion of TPMS in new vehicles to enhance road safety. For instance, the United States and the European Union have regulations requiring TPMS in all passenger cars and light trucks. This regulatory push is a significant driver of market growth. Moreover, growing consumer awareness about the benefits of maintaining proper tire pressure, such as improved fuel efficiency, reduced tire wear, and enhanced safety, has led to higher adoption rates of TPMS. Technological advancements have also played a crucial role, as they have made TPMS more reliable, user-friendly, and affordable, encouraging broader adoption across various vehicle segments. The rise of electric and autonomous vehicles, which demand advanced safety and monitoring systems, further propels the demand for sophisticated TPMS solutions. Additionally, the aftermarket segment for TPMS is expanding, driven by vehicle owners' increasing preference for retrofitting older vehicles with modern safety technologies. These factors collectively ensure the sustained growth and evolution of the TPMS market, underscoring its critical role in contemporary automotive safety and performance.
Report Scope
The report analyzes the Tire Pressure Monitoring Systems (TPMS) market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Type (Direct, and Indirect); Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV)); End-Use (OEM, and Aftermarket).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Direct segment, which is expected to reach US$38.7 Billion by 2030 with a CAGR of a 13.6%. The Indirect segment is also set to grow at 9.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.5 Billion in 2024, and China, forecasted to grow at an impressive 24.5% CAGR to reach $16.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Tire Pressure Monitoring Systems (TPMS) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Tire Pressure Monitoring Systems (TPMS) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Tire Pressure Monitoring Systems (TPMS) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Denso Corporation, Continental AG, Bridgestone Corporation, Dana, Inc., Bendix Commercial Vehicles Systems LLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 76 companies featured in this Tire Pressure Monitoring Systems (TPMS) market report include:
- Denso Corporation
- Continental AG
- Bridgestone Corporation
- Dana, Inc.
- Bendix Commercial Vehicles Systems LLC
- ACDelco
- Crane Aerospace & Electronics
- ALLIGATOR Ventilfabrik GmbH
- Bartec USA LLC
- Bridgestone Americas Tire Operations LLC (BATO)
- Continental Automotive GmbH - VDO
- Farsens SL
- Continental Reifen Deutschland GmbH
- HELLA GmbH & Co. KGaA
- Hauvrex Automotive Equipment (Lin'an) Company Limited
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
ATEQ TPMS (USA)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Denso Corporation
- Continental AG
- Bridgestone Corporation
- Dana, Inc.
- Bendix Commercial Vehicles Systems LLC
- ACDelco
- Crane Aerospace & Electronics
- ALLIGATOR Ventilfabrik GmbH
- Bartec USA LLC
- Bridgestone Americas Tire Operations LLC (BATO)
- Continental Automotive GmbH - VDO
- Farsens SL
- Continental Reifen Deutschland GmbH
- HELLA GmbH & Co. KGaA
- Hauvrex Automotive Equipment (Lin'an) Company Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 313 |
| Published | April 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 20.3 Billion |
| Forecasted Market Value ( USD | $ 42.7 Billion |
| Compound Annual Growth Rate | 13.2% |
| Regions Covered | Global |
