Global TPMS Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global TPMS Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 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 battery is the battery used in a tire-pressure monitoring system (TPMS).

Market Overview:

The latest research study on the global TPMS Battery market finds that the global TPMS Battery market reached a value of USD 228.21 million in 2022. It’s expected that the market will achieve USD 298.73 million by 2028, exhibiting a CAGR of 4.59% during the forecast period.

Hitachi and Hitachi Maxell Announce Making Hitachi Maxell a Wholly Owned Subsidiary of Hitachi via a Share Exchange 2/24/2010

Tokyo, February 24, 2010 – Hitachi, Ltd. and Hitachi Maxell, Ltd. announced on January 14, 2010, that Hitachi would make Hitachi Maxell its wholly-owned subsidiary via a share exchange with Hitachi as the wholly owning parent company and Hitachi Maxell as the wholly-owned subsidiary. It is also expected that Hitachi making Hitachi Maxell a wholly-owned subsidiary and the establishment of a more stable capital relationship will be beneficial to Hitachi Maxell’s businesses other than the batteries business as well.

EVE Energy started production in Hubei Jinquan Second District. June 28, 2017

On the morning of June 28, 2017, the sky was blue with breeze. More than 200 people, including major leaders of the municipal and district governments, senior customers and suppliers of important customers and suppliers, media friends, Yiwei Lithium Energy and a group of executives from its subsidiary Hubei Jinquan gathered in Jinquan, Hubei to attend and witness a new milestone of Yiwei Lithium Energy— —The commissioning ceremony of Hubei Jinquan Second District and the third district launching ceremony.

Region Overview:

China had the highest growth rate of all regions

Company Overview

Panasonic, Maxell, EVE Energy were the top 3 players in the TPMS Battery market in 2022, taking up a market share of 53% together.

Panasonic

Panasonic Corporation manufactures electric and electronic products. The Company produces home appliances, car navigation systems, digital devices, computer peripherals, telecommunications, industrial equipment, and electronic parts.

Maxell

Maxell is a Japanese company that manufactures consumer electronics. Its main products are batteries, wireless charging products, storage devices, LCD and laser projectors, and functional materials.

Segmentation Overview:

Among different product types, Up to 350 mA segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Aftermarket segment occupied the biggest share from 2017 to 2022.

Key Companies in the global TPMS Battery market covered in Chapter 3:

Panasonic
Renata
Maxell
EVE Energy
Murata Manufacturing
Tadiran Batteries GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the TPMS Battery market from 2018 to 2029 is primarily split into:

Up to 350 mA
Above 350 mA

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the TPMS Battery market from 2018 to 2029 covers:

OEM
Aftermarket

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)