Automotive Tire Pressure Monitoring System Market Report 2026

The automotive tire pressure monitoring system market size has grown rapidly in recent years. It will grow from $10.92 billion in 2025 to $12.54 billion in 2026 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increasing road safety regulations, mandatory tpms adoption in passenger vehicles, growth in global vehicle production, early deployment in premium vehicles, advancements in pressure sensor technologies.

The automotive tire pressure monitoring system market size is expected to see rapid growth in the next few years. It will grow to $21.71 billion in 2030 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing adoption of connected vehicle platforms, rising focus on predictive vehicle maintenance, expansion of electric vehicle fleets, growing aftermarket tpms installations, advancements in low-power sensor designs. Major trends in the forecast period include increasing adoption of direct tpms sensors, rising integration with vehicle telematics systems, growing use of battery-efficient tpms modules, expansion of oem-fitted tpms installations, enhanced focus on real-time tire monitoring.

The increasing adoption of electric vehicles (EVs) is expected to drive the growth of the automotive tire pressure monitoring system market in the coming years. Electric vehicles are vehicles powered by one or more electric motors, drawing energy from sources such as batteries, fuel cells, or solar panels instead of internal combustion engines that rely on fossil fuels. Tire pressure monitoring systems are widely used in electric vehicles to improve safety and operational efficiency by continuously tracking tire pressure and alerting drivers to deviations, thereby supporting optimal vehicle performance and driving range. For example, in January 2024, according to a report published by Kelley Blue Book, a US-based company under Cox Automotive, a record 1.2 million car buyers in the United States opted for electric vehicles in 2023. This represented 7.6% of the total US vehicle market, up from 5.9% in 2022. Therefore, the expanding electric vehicle market is driving the growth of the automotive tire pressure monitoring system market.

Companies operating in the automotive tire pressure monitoring system market are focusing on the introduction of advanced sensor technologies, such as the XENSIV SP49, to strengthen their market presence and revenue. The XENSIV SP49 is an automotive tire pressure monitoring sensor that integrates MEMS sensors with ASIC technology. For instance, in September 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturer, launched the XENSIV SP49 tire pressure monitoring sensor for the automotive TPMS market, utilizing its patented glass-silicon-glass MEMS sensor technology. This sensor combines MEMS and ASIC components to deliver advanced tire pressure monitoring capabilities. It features a 32-bit Arm M0+ core, sufficient flash memory and RAM, low-power monitoring functionality, and efficient acceleration sensing. The SP49 supports features such as on-tire auto-position sensing and tire blowout detection. It serves as a direct replacement for Infineon’s earlier SP40 TPMS products and offers a high level of integration for modern TPMS modules with minimal additional component requirements.

In June 2025, NIRA Dynamics AB, a Sweden-based automotive software company, partnered with BANF Smart Tire System to enhance automotive safety and predictive maintenance capabilities. Through this collaboration, the companies aim to combine software-based tire intelligence with advanced tire sensing technologies by integrating real-time smart tire sensor data with vehicle software analytics. This integration is intended to improve vehicle performance and efficiency, enable more accurate and continuous tire condition monitoring for drivers and fleet operators, and support scalable and sustainable mobility solutions across the automotive industry. BANF Smart Tire System is a South Korea-based automotive technology company specializing in smart tire sensors and data-driven tire monitoring solutions that measure parameters such as tire pressure, load, wear, and road conditions.

Major companies operating in the automotive tire pressure monitoring system market are Continental AG, Sensata Technologies Holding plc, Denso Corporation, Pacific Industrial Co. Ltd., NXP Semiconductors N.V., Huf Hülsbeck & Fürst GmbH & Co. KG, Nira Dynamics AB, Hamaton Automotive Technology Co. Ltd., ATEQ TPMS, Alligator Ventilfabrik GmbH, ALPS ALPINE CO. LTD, Doran Manufacturing, Bartec USA LLC, Dill Air Controls Products, ZF Friedrichshafen AG, DUNLOP TECH GmbH, Schrader International Inc., TRW Automotive Inc., Bridgestone Corporation, HELLA GmbH & Co. KGaA, Lear Corporation, Omron Corporation, Visteon Corporation, Transense Technologies PLC, Xensor Corporation, CUB Elecparts Inc., Sate Auto Electronic Co. Ltd., Shanghai Baolong Automotive Corporation, Paceline Electronics Inc.

North America was the largest region in the automotive tire pressure monitoring system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive tire pressure monitoring system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive tire pressure monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive tire pressure monitoring systems market consists of sales of Valve Stem TPMS Kits, valve stem type direct TPMS, banded type direct TPMS, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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