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Global Tire Sensor Market, By Product Type, Sales Channel, Vehicle & By Region - Forecast and Analysis 2022-2027

  • ID: 5583810
  • Report
  • February 2022
  • Region: Global
  • 157 Pages
  • SkyQuest Technology Consulting

FEATURED COMPANIES

  • Bosch
  • Continental AG Solutions
  • Denso
  • Infineon Technologies
  • Melexis Solutions
  • Nxp Semiconductors
The global tire sensor market was valued at USD 6,638.85 Million in 2021, and it is expected to reach a value of USD 11,381.43 Million by 2027, at a CAGR of more than 9.40% over the forecast period (2022 - 2027). A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. A TPMS reports real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS can be divided into two different types – direct (dTPMS) and indirect (iTPMS). TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The goal of a TPMS is to avoid traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of the hazardous state of the tires.



With more and more people being able to afford cars all over the world, the safety of cars is a rising concern. Even in markets like India, which used to have some of the lowest safety standards, car manufacturers have started offering Tire Pressure Monitoring System (TPMS) as an optional fitment. There is a lot of innovation going on in the TPMS space. Like the case of tire maker Sumitomo Rubber, which has begun proof-of-concept testing for a new type of tire pressure management solutions (TPMS) service, it claims to allow for remote monitoring of tire pressure and temperature. The concept is part of a joint project undertaken with Shin-Idemitsu, and its group subsidiary IDEX Auto Japan, as well as partners at TripodWorks, and one of Sumitomo’s tire sales subsidiaries, Dunlop. Through the testing project, the company hopes to evaluate the overall effectiveness of the service in supporting safer driving, as well as its specific effectiveness in terms of reducing maintenance time and workload, and preventing operator error. This was one of the biggest updates shared in 2020 in the TPMS space.

The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the global tire sensors market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares splits, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Aspects covered in this report

  • Based on product type, this market is segmented into direct and indirect.
  • Based on sales channel, this market is segmented into OEM and aftermarket.
  • Based on vehicle, this market is segmented into passenger car, commercial vehicle, construction vehicle, agriculture vehicle, and others.
  • Based on region, this market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).

Key players operating in this market are undertaking initiatives to capture a significant market share and address the increasing demand for tire sensors from various OEMs. Acquisitions, expansion, innovation, and product developments/launches are the four main growth strategies adopted by leading players in the tire sensor market.

Some of the leading players in the market are NXP Semiconductors, Infineon, Silicon Microstructures, Schrader, Melexis, Continental, and DENSO.
Frequently Asked Questions about the Global Tire Sensor Market

What is the estimated value of the Global Tire Sensor Market?

The Global Tire Sensor Market was estimated to be valued at $6638.9 Million in 2021.

What is the growth rate of the Global Tire Sensor Market?

The growth rate of the Global Tire Sensor Market is 9.4%, with an estimated value of $11381.4 Million by 2027.

What is the forecasted size of the Global Tire Sensor Market?

The Global Tire Sensor Market is estimated to be worth $11381.4 Million by 2027.

Who are the key companies in the Global Tire Sensor Market?

Key companies in the Global Tire Sensor Market include NXP SEMICONDUCTORS, INFINEON TECHNOLOGIES, CONTINENTAL AG SOLUTIONS, DENSO, MELEXIS SOLUTIONS, SCHRADER TPMS SOLUTIONS, BOSCH and PACIFIC INDUSTRIAL CO., LTD..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bosch
  • Continental AG Solutions
  • Denso
  • Infineon Technologies
  • Melexis Solutions
  • Nxp Semiconductors

Executive Summary
Market overview
  • Exhibit: Executive Summary - Chart on Market Overview
  • Exhibit: Executive Summary - Data Table on Market Overview
  • Exhibit: Executive Summary - Chart on Global Market Characteristics
  • Exhibit: Executive Summary - Chart on Market by Geography
  • Exhibit: Executive Summary - Chart on Market Segmentation
  • Exhibit: Executive Summary - Chart on Vendor Market Positioning

KEY MARKET INSIGHTS
  • Demand Side Trends
  • Supply Side Trends
  • Price Trend
  • Historic
  • (Exhibit: Data Analysis on Historic Price, 2016 - 2020, $)
  • Current
  • (Exhibit: Data Analysis on Current Price, 2021 ($))
  • Forecast
  • (Exhibit: Data Analysis on Forecast Price, 2022-2027 ($))
  • Technology Analysis
  • (Exhibit: Data Table: Name of technology and details)
  • Patent Analysis
  • (Exhibit: Data Table: Name of Patents and details)
  • Trade Analysis
  • Key Exporting and Importing Countries
  • (Exhibit: Data Table: Import Data, 2016 - 2021)
  • (Exhibit: Data Table: Export Data, 2016 - 2021)
  • Value Chain Analysis
  • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
  • Exhibit: Parent Market Ecosystem Market Analysis
  • Exhibit: Market Characteristics of Parent Market

COVID IMPACT
  • Introduction
  • Impact On Economy - scenario Assessment
  • Exhibit: Data on GDP - Year-over-year growth 2020-2027 (%)
  • Revised Market Size
  • Exhibit: Data Table on Global - Market size and forecast 2020-2027 ($ Million)
  • Impact Of COVID On Key Segments
  • Exhibit: Data Table on Segment Market size and forecast 2020-2027 ($ Million)
  • COVID Strategies by Company
  • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Exhibit: Data Table on regulation from different region
  • Porters Analysis
  • Competitive rivalry
  • Exhibit: Competitive rivalry Impact of key factors, 2021
  • Threat of substitute products
  • Exhibit: Threat of Substitute Products Impact of key factors, 2021
  • Bargaining power of buyers
  • Exhibit: buyers bargaining power Impact of key factors, 2021
  • Threat of new entrants
  • Exhibit: Threat of new entrants Impact of key factors, 2021
  • Bargaining power of suppliers
  • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Special insights on future disruptions
  • Technical Impact
  • Economic impact
  • Social Impact

Global Tire Sensors Market by Product Type
  • Market segments
  • Exhibit: Chart on Market share Analysis 2021-2027 (%)
  • Exhibit: Data table on Market share 2021-2027 (%)
  • Direct
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Indirect
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)

Global Tire Sensors Market by Sales Channel
  • Market segments
  • Exhibit: Chart on Market share Analysis 2021-2027 (%)
  • Exhibit: Data table on Market share 2021-2027 (%)
  • OEM
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Aftermarket
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)

Global Tire Sensors Market by vehicle
  • Market segments
  • Exhibit: Chart on Market share Analysis 2021-2027 (%)
  • Exhibit: Data table on Market share 2021-2027 (%)
  • Passenger Car
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Commercial Vehicle
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Construction Vehicle
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Agriculture Vehicle
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Others
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)

Market Size by Region
  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • USA
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Canada
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • Germany
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Spain
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • France
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • UK
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Rest of Europe
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • China
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • India
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Japan
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • South Korea
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Rest of Asia Pacific
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES
  • Competitive Landscape
  • Total number of companies covered
  • Exhibit: companies covered in the report, 2021
  • Top companies market positioning
  • Exhibit: company positioning matrix, 2021
  • Top companies market Share
  • Exhibit: Pie chart analysis on company market share, 2021(%)
  • NXP Semiconductors
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Infineon Technologies
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Continental Ag Solutions
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Denso
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Melexis Solutions
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Schrader Tpms Solutions
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Bosch
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Sensata Technologies
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Pacific Industrial Co., Ltd.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Nxp Semiconductors
  • Infineon Technologies
  • Continental AG Solutions
  • Denso
  • Melexis Solutions
  • Schrader Tpms Solutions
  • Bosch
  • Sensata Technologies
  • Pacific Industrial Co. Ltd.
Note: Product cover images may vary from those shown