Global Aftermarket Tire Pressure Monitoring System (TPMS) Market Growth 2023-2029

Global Aftermarket Tire Pressure Monitoring System (TPMS) Market Growth 2023-2029

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. TPMS report 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.

LPI (LP Information)' newest research report, the “Aftermarket Tire Pressure Monitoring System (TPMS) Industry Forecast” looks at past sales and reviews total world Aftermarket Tire Pressure Monitoring System (TPMS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Aftermarket Tire Pressure Monitoring System (TPMS) sales for 2023 through 2029. With Aftermarket Tire Pressure Monitoring System (TPMS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aftermarket Tire Pressure Monitoring System (TPMS) industry.

This Insight Report provides a comprehensive analysis of the global Aftermarket Tire Pressure Monitoring System (TPMS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aftermarket Tire Pressure Monitoring System (TPMS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aftermarket Tire Pressure Monitoring System (TPMS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aftermarket Tire Pressure Monitoring System (TPMS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aftermarket Tire Pressure Monitoring System (TPMS).

The global Aftermarket Tire Pressure Monitoring System (TPMS) market size is projected to grow from US$ 3008.6 million in 2022 to US$ 4591.2 million in 2029; it is expected to grow at a CAGR of 4591.2 from 2023 to 2029.

In China, the key Aftermarket Tire Pressure Monitoring System (TPMS) manufacturers are Schrader (Sensata), Continental, ZF, Pacific Industrial, Huf, Baolong Automotive, Bendix, Denso, NIRA Dynamics, CUB Elecparts, Steelmate, DIAS, Orange Electronic, Shenzhen Autotech, ACDelco, Nanjing Top Sun etc. Top 3 companies occupied about 35% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Aftermarket Tire Pressure Monitoring System (TPMS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Direct TPMS

Indirect TPMS

Segmentation by application

Passenger Vehicle

Commercial Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Schrader (Sensata)

Continental

ZF

Pacific Industrial

Huf

Baolong Automotive

Bendix

Denso

NIRA Dynamics

CUB Elecparts

Steelmate

DIAS

Orange Electronic

Shenzhen Autotech

ACDelco

Nanjing Top Sun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aftermarket Tire Pressure Monitoring System (TPMS) market?

What factors are driving Aftermarket Tire Pressure Monitoring System (TPMS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aftermarket Tire Pressure Monitoring System (TPMS) market opportunities vary by end market size?

How does Aftermarket Tire Pressure Monitoring System (TPMS) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.