Global Indirect TPMS Market Growth 2024-2030
An Indirect Tire Pressure Monitoring System (TPMS) is a type of vehicle safety system designed to monitor tire pressure indirectly through the vehicle’s existing sensors and electronic systems. Unlike direct TPMS, which uses sensors inside each tire to measure and transmit pressure data, indirect TPMS relies on data from other vehicle systems to infer tire pressure.
The global Indirect TPMS market size is projected to grow from US$ 1606 million in 2024 to US$ 2160 million in 2030; it is expected to grow at a CAGR of 5.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Indirect TPMS Industry Forecast” looks at past sales and reviews total world Indirect TPMS sales in 2023, providing a comprehensive analysis by region and market sector of projected Indirect TPMS sales for 2024 through 2030. With Indirect TPMS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Indirect TPMS industry.
This Insight Report provides a comprehensive analysis of the global Indirect 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 Indirect TPMS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Indirect TPMS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Indirect 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 Indirect TPMS.
United States market for Indirect TPMS is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Indirect TPMS is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Indirect TPMS is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Indirect TPMS players cover Schrader (Sensata), Continental, ZF, Pacific Industrial, Huf, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Indirect TPMS market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
ABS-Based Systems
ECU-Based Systems
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 analysing 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 Indirect TPMS market?
What factors are driving Indirect TPMS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Indirect TPMS market opportunities vary by end market size?
How does Indirect TPMS break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.