Tire Pressure Monitoring System (TPMS) Market PDF: Research Report, Share, Size, Trends, Forecast by 2027

Global Tire Pressure Monitoring Author: Elena Anderson
System (TPMS) Market Research Marketing Manager
and Forecast Report 2022-2027 IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved

© 2022 IMARC All Rights Reserved

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Report DescriRpetpioornt Description and Highlights

Global Tire Pressure Monitoring System (TPMS) Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled "Tire Pressure Monitoring System (TPMS)
Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the
global tire pressure monitoring system market size reached US$ 5.6 Billion in 2021.

A tire pressure monitoring system (TPMS) refers to an electronic system that monitors the air
pressure present in a vehicle’s tire and reflects the reading on the display screen in real-time. It also
depicts the derived data in the form of a pictogram display. These solutions aid the drivers in
analyzing the potential risks associated with the changes in the pressure and temperature of tires.

The widespread utilization of these systems offers enhanced convenience to the driver while
significantly improving vehicle safety as well as a reduced number of injuries as a result of lower
incidences of road accidents.

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system-market/requestsample

Report DescriRpetpioornt Description and Highlights

Global Tire Pressure Monitoring System (TPMS) Market Trends:

The global market is primarily driven by considerable growth in the automotive sector. With the inflating
per capita income levels of the masses and the escalating adoption of electric vehicles (EVs), there has
been a rising preference towards the utilization of advanced driver-assistance systems (ADASs) to
ensure optimum safety. TPMS forms an essential part of the ADASs as it employs innovative sensors to
gather precise pressure information from the tire valves to display the same in real-time, thereby
creating a positive outlook for the market. The market is further driven by continual technological
advancements in the market, including the widespread integration of energy harvesting and display
systems with TPMS to provide data and insights about the performance health of the vehicle.

Moreover, numerous governing agencies are also mandating the installation of TPMS in vehicles in an
attempt to minimize the incidences of road accidents, which is providing an impetus to the market
growth. Some of the other factors contributing to the market growth include the growing consumer
awareness regarding the importance of using TPMS in their vehicles and extensive research and
development (R&D) activities conducted by key players. On account of the aforementioned factors, the
market is anticipated to grow at a CAGR of 9.77% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/tire-pressure-monitoring-system-
market

Report DescriRpetpioornt Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

•Direct TPMS
•Indirect TPMS

Breakup by Technology:

•Intelligent TPMS
•Conventional TPMS

Breakup by Vehicle Type:

•Passenger Vehicles
•Commercial Vehicles

Breakup by Distribution Channel:
•OEMs
•Aftermarket

Report DescriRpetpioornt Description and Highlights

Breakup by Region:

•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa

Competitive Landscape with Key Players:

•ATEQ
•Bartec USA LLC
•Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation)
•Continental Aktiengesellschaft
•Denso Corporation
•Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co.
Ltd.)
•Huf Hülsbeck & Fürst GmbH & Co. KG
•Nira Dynamics AB
•NXP Semiconductors N.V.
•Pacific Industrial Co. Ltd.
•Sensata Technologies Inc.
•WABCO Holdings Inc. (ZF Friedrichshafen AG).

Report DesKceriypQtiuoenstions Answered in the Report

1. How has the global tire pressure monitoring system (TPMS) market performed so far and how
will it perform in the coming years?

2. What has been the impact of COVID-19 on the global tire pressure monitoring system (TPMS)
market?

3. What are the key regional markets?
4. What is the breakup of the market based on the type?
5. What is the breakup of the market based on the technology?
6. What is the breakup of the market based on the vehicle type?
7. What is the breakup of the market based on the distribution channel?
8. What are the various stages in the value chain of the industry?
9. What are the key driving factors and challenges in the industry?
10. What is the structure of the global tire pressure monitoring system (TPMS) market and who are

the key players?
11. What is the degree of competition in the industry?

Report Description Table of Contents

1 Preface
2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources

2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Tire Pressure Monitoring System (TPMS) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

Report Description Table of Contents

6 Market Breakup by Type
6.1 Direct TPMS
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Indirect TPMS
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Technology
7.1 Intelligent TPMS
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Conventional TPMS
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Vehicle Type
8.1 Passenger Vehicles
8.1.1 Market Trends

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Report DescriRpetpioornt Description and Highlights

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