Global Automotive TPMS (Tire-Pressure Monitoring System) Market Growth (Status and Outlook) 2023-2029

Global Automotive TPMS (Tire-Pressure Monitoring System) Market Growth (Status and Outlook) 2023-2029

This technology can provide an effective safety guarantee for driving by recording the tire speed or installing electronic sensors in the tire to automatically monitor the various conditions of the tire in real time

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

This Insight Report provides a comprehensive analysis of the global Automotive TPMS (Tire-Pressure Monitoring System) 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 Automotive TPMS (Tire-Pressure Monitoring System) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive TPMS (Tire-Pressure Monitoring System) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive TPMS (Tire-Pressure Monitoring System) 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 Automotive TPMS (Tire-Pressure Monitoring System).

The global Automotive TPMS (Tire-Pressure Monitoring System) market size is projected to grow from US$ 2282.6 million in 2022 to US$ 3753.8 million in 2029; it is expected to grow at a CAGR of 7.4% from 2023 to 2029.

Emerging trends, which have a direct impact on the dynamics of the industry, includes development of universal TPMS sensor and introduction of integrated direct TPMS.

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

Market Segmentation:

Segmentation by type
Direct TPMS
Indirect TPMS

Segmentation by application
Passenger Car
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.
Sensata Technologies
Continental
Pacific Industrial
ZF TRW Automotive Holdings
Huf Electronics
Delphi Automotive
Bartec USA
Bendix Commercial Vehicle Systems
Advanced Vehicle Electronic Technology
Nira Dynamics

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