| Product Code: ETC8838223 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Tire pressure monitoring systems (TPMS) are gaining traction in the commercial vehicle fleet market due to safety and fuel efficiency benefits. Though not yet mandated, rising fuel costs and emphasis on preventive maintenance are encouraging voluntary adoption. Education and cost remain barriers to widespread implementation.
The tire pressure monitoring systems (TPMS) market is expanding rapidly as safety regulations and fleet management practices mandate real-time tire condition monitoring. TPMS enhances vehicle safety, fuel efficiency, and tire life, making it a critical component for commercial vehicles. Wireless and sensor technologies are evolving to offer greater accuracy, ease of installation, and integration with telematics platforms.
This market struggles with high upfront costs and technical integration challenges with diverse vehicle models. Limited consumer awareness about the safety benefits restricts wider adoption. Furthermore, issues related to system calibration and maintenance affect reliability and user confidence.
Investment in tire pressure monitoring systems (TPMS) for commercial vehicles is promising, driven by regulatory requirements and the need to improve fleet safety and efficiency. Development of advanced, reliable TPMS solutions integrated with fleet management platforms can attract commercial fleet operators. Growing emphasis on reducing tire wear and fuel consumption further enhances market appeal.
Tire pressure monitoring systems (TPMS) are regulated to ensure accuracy, safety, and reliability under vehicle safety standards administered by the Department of Transportation (DOTr) and DTI. Policies support TPMS adoption to enhance road safety and vehicle maintenance.
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 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market - Industry Life Cycle |
3.4 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market - Porter's Five Forces |
3.5 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.6 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of strict government regulations mandating the use of tire pressure monitoring systems in commercial vehicles |
4.2.2 Increasing focus on vehicle safety and maintenance among commercial fleet operators |
4.2.3 Growing awareness about the benefits of maintaining optimal tire pressure for fuel efficiency and reducing accidents |
4.3 Market Restraints |
4.3.1 High initial cost of installing tire pressure monitoring systems in commercial vehicles |
4.3.2 Lack of standardization and compatibility issues with existing vehicle systems |
4.3.3 Limited availability of skilled technicians for installation and maintenance of tire pressure monitoring systems |
5 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Trends |
6 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market, By Types |
6.1 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market, By Sales Channel |
6.1.1 Overview and Analysis |
6.1.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, By Sales Channel, 2021- 2031F |
6.1.3 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, By OEM, 2021- 2031F |
6.1.4 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, By Direct TPMS, 2021- 2031F |
6.2.3 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenues & Volume, By Indirect TPMS, 2021- 2031F |
7 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Import-Export Trade Statistics |
7.1 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Export to Major Countries |
7.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Imports from Major Countries |
8 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Key Performance Indicators |
8.1 Average percentage increase in fuel efficiency reported by commercial fleet operators after installing tire pressure monitoring systems |
8.2 Number of commercial vehicle accidents reduced due to timely detection of tire pressure issues |
8.3 Percentage increase in the adoption rate of tire pressure monitoring systems among commercial vehicle fleets |
9 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market - Opportunity Assessment |
9.1 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market - Competitive Landscape |
10.1 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Revenue Share, By Companies, 2024 |
10.2 Philippines Commercial Vehicle Tire Pressure Monitoring Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |