brand

Global Tire Pressure Monitoring System Market Size & Outlook

The tire pressure monitoring system industry worldwide is expected to reach a projected revenue of US$ 19,639.1 million by 2030. A compound annual growth rate of 13.2% is expected of the worldwide tire pressure monitoring system industry from 2024 to 2030.

Revenue, 2023 (US$M)
$8,240.0
Forecast, 2030 (US$M)
$19,639.1
CAGR, 2024 - 2030
13.2%
Report Coverage
Worldwide

Global tire pressure monitoring system market, 2018-2030 (US$M)

  • Select file type

Related Markets

North America Tire Pressure Monitoring System Market Outlook

Europe Tire Pressure Monitoring System Market Outlook

Asia Pacific Tire Pressure Monitoring System Market Outlook

Latin America Tire Pressure Monitoring System Market Outlook

MEA Tire Pressure Monitoring System Market Outlook

Global tire pressure monitoring system market highlights

  • The global tire pressure monitoring system market generated a revenue of USD 8,240.0 million in 2023 and is expected to reach USD 19,639.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 13.2% by 2030.
  • In terms of segment, direct tpms accounted for a revenue of USD 8,240.0 million in 2023.
  • Direct TPMS is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 8,240.0 million
Market revenue in 2030USD 19,639.1 million
Growth rate13.2% (CAGR from 2023 to 2030)
Largest segmentDirect tpms
Fastest growing segmentDirect TPMS
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDirect TPMS


Other key industry trends

  • In terms of revenue, the North America accounted for 26.0% of the global tire pressure monitoring system market in 2023.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Tire Pressure Monitoring System Market Scope

Tire pressure monitoring system market segmentation & scope
Type
Direct TPMS
Indirect TPMS
Vehicle Type
Passenger Vehicle
Commercial Vehicle
Sales Channel
OEM
Aftermarket
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Tire Pressure Monitoring System Market Companies

Name Profile # Employees HQ Website

Global tire pressure monitoring system market size, by regions, 2018-2030 (US$M)

  • Select file type
Global Unlock Premium
View all data tables

Related industry reports

Global Robotic Lawn Mowers Market Outlook, 2023-2030

Global Electric Lawn Mower Market Outlook, 2023-2030

Global All Terrain Vehicle Market Outlook, 2023-2030

Global Utility Terrain Vehicles Market Outlook, 2023-2030

Global Construction Equipment Rental Market Outlook, 2023-2030

Related regional statistics

North America electric vehicle charger and charging station market statistics, by country, 2018-2030 (US$M)

Latin America micro mobility charging infrastructure market statistics, by country, 2018-2030 (US$M)

North America bicycle market statistics, by country, 2018-2030 (US$M)

North America bicycle accessories market statistics, by country, 2018-2030 (US$M)

Latin America pharmaceutical logistics market statistics, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more