Global TPMS Battery Market to Reach $945.9 Million by 2030
The global market for TPMS Battery estimated at US$550.4 Million in the year 2022, is projected to reach a revised size of US$945.9 Million by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. CR Type Battery, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$857.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the BR Type Battery segment is readjusted to a revised 8% CAGR for the next 8-year period.The U.S. Market is Estimated at $163.2 Million, While China is Forecast to Grow at 6.3% CAGR
The TPMS Battery market in the U.S. is estimated at US$163.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$161.3 Million by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.Select Competitors (Total 44 Featured) -
- EVE Energy Co., Ltd.
- Maxell, Ltd.,
- Renata SA
- Shenzhen PKCELL Battery Co., Ltd.
- Suzhou South Large Battery Co. Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- EVE Energy Co., Ltd.
- Maxell, Ltd.
- Renata SA
- Shenzhen PKCELL Battery Co., Ltd.
- Suzhou South Large Battery Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 243 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 550.4 Million |
Forecasted Market Value ( USD | $ 945.9 Million |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |