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Smart Trailer Tire Pressure Monitoring System (TMPS) With Telematics Market Growth Potential: How Will Market Size Change Through 2030?
The market size for smart trailer tire pressure monitoring systems (TPMS) with telematics has experienced rapid expansion in recent years. It is anticipated to increase from $1.66 billion in 2025 to $1.90 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 14.4%. The expansion observed in the past can be attributed to an elevated focus on tire safety compliance, the rising adoption of fleet digitalization, an increased demand for real-time tire monitoring, a greater incidence of tire-related breakdowns, and the broadening integration of telematics into trailers.
The smart trailer tire pressure monitoring system (TPMS) with telematics market is anticipated to undergo significant expansion over the next few years. It is projected to reach $3.23 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 14.1%. This expansion during the forecast period can be attributed to the rising demand for predictive maintenance, a growing emphasis on reducing operating costs, increasing adoption of connected fleet solutions, expanding regulatory pressure for tire safety, and an escalating need for enhanced cargo and driver safety. Noteworthy trends expected in this period include advancements in sensor accuracy, innovations in integrated telematics platforms, developments in artificial intelligence (AI)-based tire diagnostics, ongoing research and development in energy-efficient sensors, and advancements in cloud-enabled analytics.
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#Smart Trailer Tire Pressure Monitoring System (TMPS) With Telematics Market Demand Drivers Creating New Revenue Opportunities
The increasing need for real-time vehicle monitoring is projected to fuel the expansion of the smart trailer tyre pressure monitoring systems (TPMS) with telematics market. Real-time vehicle monitoring entails the continuous oversight of vehicle parameters, including location, performance metrics, and diagnostics, through telematics and connected device technologies. The surge in demand for such monitoring stems from fleet operators and transportation companies aiming to boost operational efficiency, ensure safety, and mitigate unplanned downtime. Smart trailer tyre pressure monitoring systems (TPMS) with telematics support this growing demand by providing constant tire health data, enabling fleet operators to detect issues instantly and take action prior to failures. As an illustration, in February 2024, Geotab Inc., a Canada-based telematics and fleet management solutions provider, announced it had acquired 1 million new subscriptions in only 15 months, reaching a total of over 4 million. Their connected vehicles collectively traveled more than 89 billion kilometers, the number of connected electric vehicles grew by over 50% since August 2022, and more than 70% of subscribers were utilizing at least one of Geotab’s sustainable fleet solutions. Thus, the escalating demand for real-time vehicle monitoring is propelling the growth of the smart trailer tyre pressure monitoring systems (TPMS) with telematics market.
Smart Trailer Tire Pressure Monitoring System (TMPS) With Telematics Market Categorization By Product Type And Application
The smart trailer tire pressure monitoring system (tmps) with telematics market covered in this report is segmented –
1) By Component: Sensors Pressure And Temperature, Telematics Gateways, Software Platforms, Connectivity Modules Cellular And Satellite
2) By Deployment Model: Original Equipment Manufacturer (OEM) Fitment, Retrofit, Remote Center, Cloud Software As A Service (SaaS)
3) By Service Type: Tire Pressure Monitoring System (TPMS) Sensors, Wheel End Monitoring, Telematics Hardware, Connectivity Services, Cloud Software As A Service (SaaS), Remote Monitoring, Professional Services
4) By Application Focus: Predictive Maintenance, Asset Tracking And Monitoring, Safety And Compliance, Fuel And Route Optimization, Cold Chain Monitoring, Driver Behavior Analysis
5) By Industry Vertical: Transportation And Logistics, Retail And E Commerce, Food And Pharma, Energy And Utilities, Automotive Original Equipment Manufacturers (OEMs)
Subsegments:
1) By Sensors Pressure And Temperature: Measurement Type, Installation Location, Power Source, Communication Protocol, Data Output
2) By Telematics Gateways: Power Source, Integration Type, Functionality, Data Processing, Form Factor
3) By Software Platforms: Deployment Model, Service Level, Integration Type, User Interface, Feature Focus
4) By Connectivity Modules Cellular And Satellite: Cellular Generation, Satellite Network, Network Type, Data Volume and Bandwidth, Redundancy
Smart Trailer Tire Pressure Monitoring System (TMPS) With Telematics Market Company Landscape And Strategic Competition
Major companies operating in the smart trailer tire pressure monitoring system (tmps) with telematics market are DENSO Corporation, Continental AG, ZF Friedrichshafen AG, Groupe Michelin S.E., Valeo SA, Goodyear Tire & Rubber Company, Dana Incorporated, Hella Gutmann Solutions GmbH, Knorr-Bremse AG, Bendix Commercial Vehicle Systems LLC, Sensata Technologies Holding plc, Samsara Inc., Hendrickson USA L.L.C, Geotab Inc., Steelmate Co. Ltd, Orange Electronic Co. Ltd., Phillips Connect Technologies Inc., Cub Elecparts Inc., PressurePro Enterprises Inc., Autel Intelligent Technology Corp. Ltd., Doran Manufacturing Inc., Hamaton Automotive Technology Co. Ltd.
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Smart Trailer Tire Pressure Monitoring System (TMPS) With Telematics Market Regional Distribution: Which Areas Drive Market Expansion?
North America was the largest region in the smart trailer tire pressure monitoring system (TPMS) with telematics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart trailer tire pressure monitoring system (tmps) with telematics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.