Tire Pressure Monitoring Sensor (TPMS) System Market Top Leading Players with Strategies and Forecast 2028

The global Tire Pressure Monitoring Sensor (TPMS) System market size is projected to reach US$ 25.8 billion by 2028, from US$ 5 billion in 2021, at a CAGR of 11% during 2022-2028. The Tire Pressure Monitoring System (TPMS) only monitors the state of tire pressure. However, there is no special reaction that occurs after the value of that tire pressure is found. Both OEM and aftermarket direct TPMS are fitted inside the rim. So if the battery is discharged, then the use of tire pressure sensor will not fit inside. The tire pressure sensor has two-way communication with the controller and receiver unit of the tire pressure monitoring system. Therefore, it consumes more battery.

By Type
Direct TPMS
Indirect TPMS

By Application
Passenger Vehicle
Commercial Vehicle

Top Major Key Players:
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

 

Scope of the Report

The research study analyzes the global Tire Pressure Monitoring Sensor (TPMS) System Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Tire Pressure Monitoring Sensor (TPMS) System Market Report

1. What was the Tire Pressure Monitoring Sensor (TPMS) System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Tire Pressure Monitoring Sensor (TPMS) System Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Tire Pressure Monitoring Sensor (TPMS) System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Tire Pressure Monitoring Sensor (TPMS) System market.
• The market share of the global Tire Pressure Monitoring Sensor (TPMS) System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Tire Pressure Monitoring Sensor (TPMS) System market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Tire Pressure Monitoring Sensor (TPMS) System market.