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Automotive Tire Pressure Monitoring System Market Size Forecast: How Big Could The Market Get By 2030?
The automotive tire pressure monitoring system market has seen rapid expansion in recent years. This market is set to grow from $10.92 billion in 2025 to $12.54 billion in 2026, registering a compound annual growth rate (CAGR) of 14.8%. The historical growth of this market can be attributed to increasing road safety regulations, mandatory tpms adoption in passenger vehicles, growth in global vehicle production, early deployment in premium vehicles, and advancements in pressure sensor technologies.
The automotive tire pressure monitoring system market size is projected to experience substantial expansion in the coming years. This market is forecast to reach $21.71 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.7%. The growth during the forecast period is primarily driven by the increasing adoption of connected vehicle platforms, a rising focus on predictive vehicle maintenance, the expansion of electric vehicle fleets, growing aftermarket TPMS installations, and advancements in low-power sensor designs. Additionally, major trends anticipated in this period include the increasing adoption of direct TPMS sensors, a rising integration with vehicle telematics systems, the growing use of battery-efficient TPMS modules, an expansion of OEM-fitted TPMS installations, and an enhanced focus on real-time tire monitoring.
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Automotive Tire Pressure Monitoring System Market Demand Drivers: What’s Powering Industry Growth?
The increasing adoption of electric vehicles (EVs) is anticipated to fuel expansion within the automotive tire pressure monitoring system market moving ahead. Electric vehicles (EVs) are defined as cars powered by one or more electric motors, obtaining energy from sources like batteries, fuel cells, or solar panels, as opposed to conventional internal combustion engines that use fossil fuels. Within electric vehicles (EVs), automotive tire pressure monitoring systems play a crucial role in improving safety and efficiency through constant surveillance and notification of tire pressure, thus guaranteeing peak performance and extended range. As an illustration, a report from Kelley Blue Book, a US-based Cox Automotive company, indicated in January 2024 that a record 1.2 million customers in the United States purchased electric vehicles in 2023. This represented 7.6% of the overall U.S. vehicle market, an increase from 5.9% in 2022. Consequently, the expanding market for electric vehicles (EVs) is serving as a key impetus for the development of the automotive tire pressure monitoring system market.
Automotive Tire Pressure Monitoring System Market Segment Analysis: What Are The Core Market Categories?
The automotive tire pressure monitoring system market covered in this report is segmented –
1) By Type: Direct Tire Pressure Monitoring System (TPMS), Indirect Tire Pressure Monitoring System (TPMS)
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
3) By Sales Channel Type: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Direct Tire Pressure Monitoring System (TPMS): Battery-Powered Direct Tire Pressure Monitoring System (TPMS), Solar-Powered Direct Tire Pressure Monitoring System (TPMS), Multi-Channel Direct Tire Pressure Monitoring System (TPMS)
2) By Indirect Tire Pressure Monitoring System (TPMS): ABS-Based Indirect Tire Pressure Monitoring System (TPMS), Wheel Speed Sensor-Based Indirect Tire Pressure Monitoring System (TPMS)
Automotive Tire Pressure Monitoring System Market Innovation Trends: What Developments Are Reshaping The Industry?
Leading companies in the automotive tire pressure monitoring system market are introducing sophisticated sensors like the XENSIV SP49 to boost their revenue. The XENSIV SP49 is an automotive tire pressure monitoring sensor that integrates MEMS sensors and ASIC technology. For instance, in September 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturer, unveiled the XENSIV SP49 tire pressure monitoring sensor for the automotive TPMS market, leveraging its patented glass-silicon-glass MEMS sensor. This new sensor incorporates MEMS sensors and ASIC, delivering advanced features for tire pressure monitoring. The SP49 is equipped with a 32-bit Arm M0+ core, ample flash memory and RAM, Low Power Monitoring (LPM), and efficient acceleration sensing. It is engineered for capabilities such as on-tire auto-position sensing and tire blowout detection. As a direct replacement for Infineon’s previous SP40 TPMS products, the SP49 provides a high degree of integration for modern TPMS modules, requiring minimal additional components.
Automotive Tire Pressure Monitoring System Market Top Companies Driving Competitive Growth
Major companies operating in the automotive tire pressure monitoring system market are 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., TRW Automotive Inc., Bridgestone Corporation, 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.
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Automotive Tire Pressure Monitoring System Market Geographic Spread And Regional Opportunities
North America was the largest region in the automotive tire pressure monitoring system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive tire pressure monitoring system 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.
