Tire Pressure Monitoring Systems Market Overview 2025–2030: Share, Size & Future Trends

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Tire Pressure Monitoring Systems Market Overview 2025–2030: Share, Size & Future Trends

Introduction

The Tire Pressure Monitoring Systems Market is undergoing rapid changes due to evolving technologies, consumer behaviors, and regulatory frameworks. This research report explores essential insights, market trends, and forecasts between 2025 and 2030, offering valuable context for businesses, investors, and decision-makers. It is designed to provide a clear understanding of where the market stands and where it's heading, with the added benefit of downloadable resources and analyst support.

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What This Report Covers

  • Current Market Size Forecast (2025–2030)
  • Key Growth Drivers Challenges
  • Latest Trends Investment Hotspots
  • Market Segmentation:
  • Competitive Landscape Player Analysis
  • Opportunities, Risks, and Strategic Recommendations

Current Market Status and Future Projections

Tire Pressure Monitoring Systems Market size was valued at around USD 6.59 billion in 2024 and is projected to reach USD 11.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.32% during the forecast period, i.e., 2025-30.

Key Factors Influencing Growth

The market growth is attributed to rising safety concerns, government regulations, and the surging number of passenger commercial vehicles. Additionally, the elevating number of luxury vehicles, increasing economic and environmental policies, shifting consumer and manufacturer preference for advanced safety features, and the need to reduce vehicular emissions and improve vehicle fuel efficiency are also aiding in market expansion.

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Breakdown by Segments and Geography

By Technology

  • Direct Tire Pressure Monitoring System
  • Indirect Tire Pressure Monitoring System

Direct Tire Pressure Monitoring System is expected to gain the largest market share during the forecast period, aided by the features such as delivering exact pressure for each tire, no loss of tire pressure information, sensor batteries that last the life of the vehicle mostly and ability to monitor spare tires. 

By Sales Channel

  • OEMs
  • Aftermarket

By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Passenger Vehicle dominated the market with the largest market share during the historical period and is anticipated to follow the same trend in the forecast years.

By Region

  • North America
  • South America
  • Europe
  • Middle East
  • Africa
  • Asia-Pacific.

Asia-Pacific is expected to address the maximum growth in the market during the forecasting period, attributing to the adherence to strict regulatory rules concerning safety and the use of tire pressure monitoring systems in emerging nations such as China, Japan, and South Korea.

Competitive Landscape and Market Positioning

The Tire Pressure Monitoring Systems Market is highly competitive, with both established companies and new entrants contributing to its dynamism. Leading players such as:

  • Continental AG
  • Denso corporation
  • Delphi Automotive
  • Sensata Technologies
  • Dunlop Tech Gbmh
  • Wabco
  • Bendix Commercial Vehicle systems LLC
  • Schrader Electronics
  • Pacific Industrial Co., Ltd.
  • Huf and Hlsbeck Frst Gmbh Co.

are focusing on expanding their product portfolios, enhancing user experiences, and investing in RD. Recent developments include mergers, acquisitions, strategic partnerships, and geographic expansion. These activities highlight the evolving strategies being adopted to gain market share and respond to shifting consumer needs.

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Strategic Outlook and Analyst Perspective

Looking ahead, the Tire Pressure Monitoring Systems Market is poised for significant transformation. Emerging trends like AI integration, eco-friendly product development, and digitalization are expected to reshape industry dynamics. Analysts recommend that stakeholders keep a close eye on regional shifts, policy developments, and evolving customer preferences. Businesses that remain agile, adopt technology early, and prioritize customer-centric innovation will likely emerge as leaders in this evolving landscape.

Research Methodology We Use

  • Primary research via expert interviews and surveys
  • Secondary data from verified industry sources
  • Top-down bottom-up estimation
  • Forecasting using time-series models triangulation

Key Questions Answered

  • What is the current market size of Tire Pressure Monitoring Systems Market?
  • What is the expected growth rate by 2030?
  • Which segments are gaining the most traction?
  • What are the major trends and challenges?
  • Who are the major players, and what are their strategies?
  • Which region holds the highest growth potential?

Other Report:

About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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