Tire Pressure Monitoring System (TPMS) Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Type;

Direct TPMS and Indirect TPMS

By Vehicle;

Passenger Cars [Sedans, Hatchbacks and SUVs], Commercial Vehicles [Light Commercial Vehicles, Medium Commercial Vehicles and Heavy Commercial Vehicles]and Electric Vehicles

By Component;

Sensors, Electronic Control Units (ECU), Antenna, TPM Warning Light and Transceivers

By Sales Channel;

OEM and Aftermarket

By Technology Depth;

Conventional TPMS and Intelligent TPMS

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn840457119 Published Date: December, 2025 Updated Date: February, 2026

Tire Pressure Monitoring System (TPMS) Market Overview

Tire Pressure Monitoring System (TPMS) Market (USD Million)

Tire Pressure Monitoring System (TPMS) Market was valued at USD 7,619.42 million in the year 2024. The size of this market is expected to increase to USD 15,133.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.3%.


Tire Pressure Monitoring System (TPMS) Market

*Market size in USD million

CAGR 10.3 %


Study Period2026 - 2032
Base Year2025
CAGR (%)10.3 %
Market Size (2025)USD 7,619.42 Million
Market Size (2032)USD 15,133.89 Million
Market ConcentrationLow
Report Pages387
7,619.42
2025
15,133.89
2032

Major Players

  • Sensata Technologies
  • Continental AG
  • Schrader International (Sensata subsidiary)
  • Pacific Industrial Co., Ltd.
  • Denso Corporation
  • ZF Friedrichshafen AG
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Tire Pressure Monitoring System (TPMS) Market

Fragmented - Highly competitive market without dominant players


Tire Pressure Monitoring System (TPMS) Market continues to expand as embedded safety intelligence becomes standard across vehicle platforms, with system penetration surpassing 90% of new installations. Accurate tire pressure visibility improves braking control consistency and reduces tire-related incidents by approximately 5–8%, strengthening road safety outcomes. Continuous algorithm refinement has lowered false alert occurrence by nearly 30%, increasing driver confidence and system responsiveness. TPMS now operates as a foundational layer for vehicle safety assurance and real-time monitoring accuracy.
Energy Efficiency and Cost Efficiency Gains
Optimized tire pressure management delivers measurable efficiency benefits, enhancing fuel utilization by approximately 2–4% while extending usable tire life by nearly 10–15%. These improvements directly reduce operating costs and unplanned service exposure. Maintenance teams increasingly rely on automated pressure alerts to prevent premature tread degradation and performance instability. Consistent pressure optimization improves traction predictability and load handling efficiency across vehicle duty cycles.
Sensor Engineering and Signal Stability Evolution
Advancements in sensor engineering, power efficiency optimization, and wireless signal integrity have elevated system durability beyond 70% sustained battery reliability across extended service usage. Measurement accuracy improvements near 20–25% support tighter pressure tolerance control and improved diagnostic confidence. Compact sensor architecture enhances compatibility with modern wheel assemblies while minimizing calibration drift. These engineering upgrades strengthen long-term deployment scalability and service lifecycle stability.
Installed Base Growth and Service Replacement Economics
As vehicle integration expands beyond 90% adoption, sensor replacement demand accounts for nearly 25% of the installed system base, driven by battery depletion cycles and wheel servicing frequency. Workshop diagnostic automation improves service throughput efficiency by approximately 15–18%, enhancing maintenance economics and reducing vehicle downtime exposure. End-user engagement with system alerts has increased nearly 35%, reinforcing replacement continuity and sustained aftermarket consumption.
Digital Integration and Predictive Value Expansion
TPMS connectivity integration exceeds 45% digital enablement, enabling predictive maintenance analytics and remote monitoring functionality. Advanced data modeling improves anomaly detection precision by approximately 22–28%, strengthening early fault identification and safety response optimization. Embedded analytics transform TPMS from a compliance function into a strategic data generator supporting vehicle performance intelligence, lifecycle optimization, and operational resilience.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle
    3. Market Snapshot, By Component
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Technology Depth
    6. Market Snapshot, By Region
  4. Tire Pressure Monitoring System (TPMS) Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Mandates
        2. Increasing Vehicle Safety Standards
        3. Growing Adoption of Electric Vehicles (EVs)
        4. Demand for Fuel-efficient Vehicles
        5. Enhanced Driver Awareness and Safety Concerns
      2. Restraints
        1. High Initial Implementation Costs
        2. Compatibility Issues with Older Vehicle Models
        3. Sensor Reliability and Accuracy Challenges
        4. Data Security and Privacy Concerns
        5. Limited Aftermarket Adoption
      3. Opportunities
        1. Technological Advancements in Sensor Technology
        2. Integration with Connected Car Platforms
        3. Expansion into Emerging Markets
        4. Development of TPMS for Commercial and Off-road Vehicles
        5. Collaboration with Automotive OEMs and Suppliers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Tire Pressure Monitoring System (TPMS) Market, By Type, 2021 - 2031 (USD Million)
      1. Direct TPMS
      2. Indirect TPMS
    2. Tire Pressure Monitoring System (TPMS) Market, By Vehicle, 2021 - 2031 (USD Million)
      1. Passenger Cars
        1. Sedans
        2. Hatchbacks
        3. SUVs
      2. Commercial Vehicles
        1. Light Commercial Vehicles
        2. Medium Commercial Vehicles
        3. Heavy Commercial Vehicles
      3. Electric Vehicles
    3. Tire Pressure Monitoring System (TPMS) Market, By Component, 2021 - 2031 (USD Million)
      1. Sensors
      2. Electronic Control Units (ECU)
      3. Antenna
      4. TPM Warning Light
      5. Transceivers
    4. Tire Pressure Monitoring System (TPMS) Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    5. Tire Pressure Monitoring System (TPMS) Market, By Technology Depth, 2021 - 2031 (USD Million)
      1. Conventional TPMS
      2. Intelligent TPMS
    6. Tire Pressure Monitoring System (TPMS) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental AG
      2. DENSO Corporation
      3. Sensata Technologies
      4. ZF Friedrichshafen AG
      5. Delphi Technologies
      6. Valeo SA
      7. Pacific Industrial Co., Ltd.
      8. Robert Bosch GmbH
      9. Schrader International
      10. Alligator Ventilfabrik GmbH
      11. Hamaton Automotive Technology Co., Ltd.
      12. Bartec USA LLC
      13. Bendix Commercial Vehicle Systems LLC
      14. NXP Semiconductors
  7. Analyst Views
  8. Future Outlook of the Market