Automotive Tire Pressure Monitoring System Market Report 2025

This Automotive Tire Pressure Monitoring System market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive tire pressure monitoring system market size has grown rapidly in recent years. It will grow from $9.59 billion in 2024 to $11.06 billion in 2025 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to increase in automotive production and sales, expanding automotive aftermarket, enhanced safety and security requirements, globalization and international trade.

The automotive tire pressure monitoring system market size is expected to see rapid growth in the next few years. It will grow to $19.56 billion in 2029 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to electrification of vehicles, autonomous vehicle development, stringent government regulations, expansion ofThe connected car ecosystem, rising disposable income. Major trends in the forecast period include advanced sensor technology, connected tpms, predictive maintenance, smartphone integration, data analytics and ai.

The increasing incidence of accidents is anticipated to drive the growth of the automotive tire pressure monitoring systems market in the coming years. Accidents are unforeseen, undesired, and sudden occurrences associated with injuries or fatalities. The resulting road fatalities and accidents have led regulatory authorities to mandate the installation and use of tire pressure monitoring systems in vehicles, thereby boosting the production of these systems. For example, in July 2024, the National Safety Council, a US-based nonprofit public service organization, reported that there were approximately 3,820 motor vehicle deaths in June 2024, showing a slight rise from the 3,780 deaths recorded in June 2023. Consequently, the rising number of accidents and related road fatalities is driving the growth of the automotive tire pressure monitoring systems market.

The expansion of electric vehicles (EVs) is projected to drive the growth of the automotive tire pressure monitoring system market in the future. Electric vehicles (EVs) are defined as vehicles that utilize one or more electric motors for propulsion, sourcing electricity from batteries, fuel cells, or solar panels, instead of depending on internal combustion engines that use fossil fuels. Automotive tire pressure monitoring systems are employed in electric vehicles (EVs) to improve safety and efficiency by continuously tracking and alerting drivers about tire pressure levels, ensuring optimal performance and range. For example, in January 2024, a report from Kelley Blue Book, a US-based Cox Automotive company, indicated that in 2023, a record 1.2 million car buyers in the United States opted for electric vehicles, representing 7.6% of the total U.S. vehicle market, up from 5.9% in 2022. As a result, the growth of electric vehicles is a significant factor driving the automotive tire pressure monitoring system market.

In the automotive tire pressure monitoring systems market, technological advancements have emerged as a prominent and widely adopted trend. Leading companies in the sector are prioritizing research and development to introduce innovative products with advanced technologies. A notable example is Sensata Technologies, a U.S.-based company specializing in sensing, electrical protection, control, and power management solutions. In June 2022, Sensata Technologies introduced the Intelligent Tire Pressure Monitoring System (TPMS) featuring Bluetooth low energy wireless technology. This system, designed to enhance vehicle safety and performance, replaces the conventional ultra-high frequency (UHF) radio with Bluetooth for two-way communication. Moreover, it supports Over-the-Air updates, enabling drivers to receive updates without visiting a service center, and incorporates enhanced cybersecurity measures. This emphasis on technological innovation is contributing significantly to the growth and evolution of the automotive tire pressure monitoring systems market.

Major players in the automotive tire pressure monitoring system market are strategically introducing advanced sensors like XENSIV SP49 to drive revenue growth. The XENSIV SP49 is a tire pressure monitoring sensor that integrates MEMS sensors and ASIC technology. An example of this strategic move is evident in the actions of Infineon Technologies AG, a semiconductor manufacturer based in Germany. In September 2023, Infineon launched the XENSIV SP49 tire pressure monitoring sensor, utilizing its patented glass-silicon-glass MEMS sensor. This sensor combines MEMS sensors and ASIC, providing advanced features for tire pressure monitoring. Featuring a 32-bit Arm M0+ core, generous flash memory and RAM, Low Power Monitoring (LPM), and efficient acceleration sensing, the SP49 is designed for on-tire auto-position sensing and tire blowout detection. As a direct replacement for Infineon's previous SP40 TPMS products, the SP49 boasts high integration levels for modern TPMS modules, minimizing the need for additional components.

In July 2022, Clarience Technologies, a US-based company specializing in advanced lighting and safety solutions, acquired Pressure Systems International for an undisclosed amount. This acquisition is intended to enhance Clarience Technologies' product portfolio within the transportation safety sector by leveraging P.S.I.'s expertise in advanced safety systems and technologies. This move will broaden their capacity to offer innovative lighting and safety solutions for the commercial vehicle market. Pressure Systems International is a US-based company that focuses on tire pressure monitoring systems and advanced safety solutions, particularly in tire pressure monitoring systems.

Major companies operating in the automotive tire pressure monitoring system market include Continental AG, Sensata Technologies Holding plc, Denso Corporation, Pacific Industrial Co. Ltd., NXP Semiconductors N.V., Huf Hülsbeck & Fürst GmbH & Co. KG, Nira Dynamics AB, Hamaton Automotive Technology Co. Ltd., ATEQ TPMS, Alligator Ventilfabrik GmbH, ALPS ALPINE CO. LTD, Doran Manufacturing, Bartec USA LLC, Dill Air Controls Products, ZF Friedrichshafen AG, DUNLOP TECH GmbH, Schrader International Inc., WABCO Holdings Inc., ACDelco a General Motors Company, TRW Automotive Inc., Bridgestone Corporation, BorgWarner Inc., HELLA GmbH & Co. KGaA, Lear Corporation, Omron Corporation, Visteon Corporation, Transense Technologies PLC, Xensor Corporation, CUB Elecparts Inc., Sate Auto Electronic Co. Ltd., Shanghai Baolong Automotive Corporation, Paceline Electronics Inc.

The automotive tire pressure monitoring system (TPMS) is an electronic system designed to continuously monitor the internal air pressure of tires and provide real-time data on tire pressure conditions. Its primary function is to alert the driver to underinflated tires, enhancing safety and performance. These systems employ pressure sensors to monitor tire pressure in vehicles.

The main types of automotive TPMS are Direct TPMS and Indirect TPMS. Direct TPMS utilizes pressure monitoring sensors within each tire, monitoring specific pressure levels and providing wheel revolution data from the anti-lock brake system, along with tire temperature information. Vehicle types incorporating TPMS include passenger vehicles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Automotive tire pressure monitoring systems are distributed through various sales channels, including Original Equipment Manufacturer (OEM) installations and aftermarket solutions.

The automotive tire pressure monitoring systems market research report is one of a series of new reports that provides automotive tire pressure monitoring systems market statistics, including automotive tire pressure monitoring systems industry global market size, regional shares, competitors with an automotive tire pressure monitoring systems market share, detailed automotive tire pressure monitoring systems market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive tire pressure monitoring systems industry. This automotive tire pressure monitoring systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the automotive tire pressure monitoring system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive tire pressure monitoring systems market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the automotive tire pressure monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The automotive tire pressure monitoring systems market consists of sales of Valve Stem TPMS Kits, valve stem type direct TPMS, banded type direct TPMS, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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