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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
It's an electrical system that monitors the air pressure inside the tyres to offer real-time tyre pressure information. The TPMS also alerts the driver to the number of underinflated tyres.
TPMS is most commonly used in passenger vehicles, where tyre pressure management is seen as a key safety feature.
The automotive industry has been speeding up its efforts to introduce technology that lessen accident impact, reduce fatalities, and increase overall vehicle safety.
There are numerous things that influence a vehicle's pressure reduction. Reduced tyre life, engine performance, efficiency, and safety are all key factors.
The entrance of just such a system onto the market has significant benefits, including enhanced driver convenience and a reduction in the frequency of accidents caused by the use of such gadgets.
Such devices also improved fuel mileage, tyre durability, and driver vehicle handling. However, now that life is returning to normal, demand for the products is expected to rise in the expected manner.
For a time, the Tire Pressure Monitoring System market was halted, but now numerous countries have allowed import-export transactions leverage.
These emerging countries are putting a greater emphasis on safety, and as a result, demand for the product is fast rising as the automobile sector expands.
The automotive factors such as rising premium car market penetration and an increase in safety installations per vehicle (due to governments/agencies adopting safety standards) are driving up demand for TPMS and other ADAS.
Safety systems, such as automotive TPMS, found in tiny and mid-sized vehicles in the advanced economies of Asia-Pacific, such as Japan, South Korea, and Singapore, are advanced in nature and usually on par with those available in Europe and North America.
Microchip Technologies is a leading mobiliser of the Control IC modules in the market. The latest integration has been the interior temperature and pressure of an automobile's tyre are largely monitored by the TPM system.
There are other different system approaches to take, but this one is a fairly thorough auto-location technique. This auto-location device can determine the position of a particular device in real time, which is useful while rotating tyres.
The Sensor/Transmitter technology, which is based on Microchip's rfPIC12F675, lies at the heart of such TPM technology.
NXP Semiconductors is part of the component manufacture trending companies in the current industry. Its technology has been In a single device, the solution includes a pressure sensor, microprocessor, RF transmitter, and single or dual axis accelerometer.
Different NXP computers with automotive communication options such as CAN and LIN protocols are available for the TPMS receiver or BCM. The TPMS system-in-package technology allows for a simple design-in solution that meets even the most complex TPMS needs.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |