Product Code: ETC13218813 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive TPMS Market was valued at USD 7.1 Billion in 2024 and is expected to reach USD 10.2 Billion by 2031, growing at a compound annual growth rate of 4.60% during the forecast period (2025-2031).
The Global Automotive TPMS (Tire Pressure Monitoring System) Market is witnessing steady growth due to increasing awareness about vehicle safety and regulations mandating the installation of TPMS in vehicles. The market is driven by factors such as the rising demand for fuel-efficient vehicles, advancements in tire technology, and the focus on reducing road accidents caused by underinflated tires. Key players in the market are investing in technological innovations to enhance the accuracy and efficiency of TPMS solutions. The market is segmented by type (direct TPMS, indirect TPMS), vehicle type (passenger vehicles, commercial vehicles), and region. North America and Europe hold significant market shares, while the Asia Pacific region is expected to exhibit strong growth due to the expanding automotive industry and increasing adoption of safety features in vehicles.
The Global Automotive TPMS Market is witnessing significant growth driven by the increasing focus on vehicle safety and regulations mandating the installation of TPMS in vehicles. The market is also benefiting from the rising demand for advanced safety features in vehicles, technological advancements in TPMS systems, and the growing adoption of connected and autonomous vehicles. Opportunities in the market include the development of smart TPMS solutions with real-time monitoring capabilities, integration of TPMS with other vehicle systems for enhanced functionality, and expanding market penetration in emerging economies with a growing automotive industry. Key trends shaping the market include the shift towards direct TPMS systems, tire pressure monitoring for electric vehicles, and the integration of TPMS with telematics systems for data analytics and predictive maintenance.
The Global Automotive TPMS (Tire Pressure Monitoring System) Market faces several challenges, including technological limitations in accurately measuring tire pressure, especially in extreme weather conditions. Integration costs for TPMS in vehicles can be high, particularly for older models that require retrofitting. Additionally, variations in regulations and standards across different regions can create complexities for manufacturers in ensuring compliance. Consumer awareness and education about the importance of TPMS and its benefits remain a challenge, impacting the adoption rate. Furthermore, the increasing complexity of vehicle systems and the need for seamless integration with existing automotive technologies present hurdles for market growth. Overall, addressing these challenges will be crucial for the Global Automotive TPMS Market to achieve widespread adoption and sustained success.
The global Automotive TPMS (Tire Pressure Monitoring System) market is primarily driven by increasing focus on vehicle safety and regulations mandating the installation of TPMS in vehicles to reduce road accidents caused by underinflated tires. The growing demand for fuel-efficient vehicles and the need to enhance overall vehicle performance are also key factors driving market growth. Additionally, technological advancements in TPMS, such as integration with vehicle telematics and connectivity systems, are further boosting market expansion. The rise in automotive production and increasing consumer awareness about the benefits of TPMS in terms of fuel efficiency, tire longevity, and safety are expected to drive continued growth in the global Automotive TPMS market.
Various governments around the world have implemented policies related to Tire Pressure Monitoring Systems (TPMS) in the automotive industry to improve road safety and reduce fuel consumption. These policies typically require all new vehicles to be equipped with TPMS to ensure that drivers are alerted when their tire pressure is low, helping to prevent accidents and increase overall vehicle efficiency. Additionally, some governments have set specific standards for TPMS functionality and accuracy to ensure consistency across different vehicle models. These regulations have driven the growth of the global automotive TPMS market as automakers strive to comply with government mandates and meet consumer demand for safer and more environmentally friendly vehicles.
The Global Automotive TPMS (Tire Pressure Monitoring System) Market is expected to witness steady growth in the coming years, driven by increasing safety regulations mandating the installation of TPMS in vehicles to prevent accidents caused by under-inflated tires. The market is also anticipated to benefit from the rising adoption of connected cars and the integration of advanced technologies like IoT and AI in TPMS systems, leading to improved accuracy and efficiency. Moreover, the growing demand for fuel-efficient vehicles and the emphasis on reducing carbon emissions will further propel the market expansion as properly inflated tires help enhance fuel efficiency. Overall, the automotive TPMS market is poised for continued growth as automotive manufacturers focus on enhancing vehicle safety and performance, making it a key component of the future automotive industry landscape.
In the global automotive TPMS (Tire Pressure Monitoring System) market, Asia Pacific is expected to dominate due to the increasing adoption of advanced automotive technologies in countries like China, Japan, and India. North America and Europe are also significant markets for TPMS, driven by strict government regulations mandating the installation of TPMS in vehicles for safety purposes. In the Middle East and Africa region, the market for automotive TPMS is anticipated to grow steadily as automotive safety standards improve. Latin America is projected to witness moderate growth in the TPMS market, primarily due to the increasing awareness about the benefits of TPMS in enhancing vehicle safety. Overall, the global automotive TPMS market is poised for steady growth across all regions, with Asia Pacific leading the way in terms of market share and adoption rates.
Global Automotive TPMS Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive TPMS Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive TPMS Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive TPMS Market - Industry Life Cycle |
3.4 Global Automotive TPMS Market - Porter's Five Forces |
3.5 Global Automotive TPMS Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive TPMS Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Global Automotive TPMS Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Global Automotive TPMS Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Global Automotive TPMS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive TPMS Market Trends |
6 Global Automotive TPMS Market, 2021 - 2031 |
6.1 Global Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive TPMS Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.1.3 Global Automotive TPMS Market, Revenues & Volume, By Commercial Vehicle, 2021 - 2031 |
6.2 Global Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive TPMS Market, Revenues & Volume, By Direct TPMS, 2021 - 2031 |
6.2.3 Global Automotive TPMS Market, Revenues & Volume, By Indirect TPMS, 2021 - 2031 |
6.3 Global Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive TPMS Market, Revenues & Volume, By OEM, 2021 - 2031 |
6.3.3 Global Automotive TPMS Market, Revenues & Volume, By Aftermarket, 2021 - 2031 |
7 North America Automotive TPMS Market, Overview & Analysis |
7.1 North America Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.4 North America Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.5 North America Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8 Latin America (LATAM) Automotive TPMS Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9 Asia Automotive TPMS Market, Overview & Analysis |
9.1 Asia Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.4 Asia Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.5 Asia Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10 Africa Automotive TPMS Market, Overview & Analysis |
10.1 Africa Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.4 Africa Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.5 Africa Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11 Europe Automotive TPMS Market, Overview & Analysis |
11.1 Europe Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.4 Europe Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.5 Europe Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12 Middle East Automotive TPMS Market, Overview & Analysis |
12.1 Middle East Automotive TPMS Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive TPMS Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive TPMS Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive TPMS Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.4 Middle East Automotive TPMS Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.5 Middle East Automotive TPMS Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
13 Global Automotive TPMS Market Key Performance Indicators |
14 Global Automotive TPMS Market - Export/Import By Countries Assessment |
15 Global Automotive TPMS Market - Opportunity Assessment |
15.1 Global Automotive TPMS Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive TPMS Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.3 Global Automotive TPMS Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.4 Global Automotive TPMS Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
16 Global Automotive TPMS Market - Competitive Landscape |
16.1 Global Automotive TPMS Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive TPMS Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |