Tire Pressure Monitoring System Market Research Report-Forecast to 2030

Tire-Pressure Monitoring System Market, By Technology (Direct TPMS and Indirect TPMS), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial vehicles), by Sales Channel (OEM, Aftermarket) - Forecast 2030

ID: MRFR/AM/3215-HCR | February 2021 | Region: Global | 111 pages

Impact of COVID-19 on the Global Tire Pressure Monitoring System Market


Global Tire Pressure Monitoring System Market has witnessed a negative impact on the demand for these systems owing to the lockdowns imposed in several countries across the globe. These lockdowns have resulted in temporarily halting the manufacturing of automobiles since its outbreak in December 2019. However, the demand for these products is anticipated to increase in the coming months as several governments prepare to lift the lockdowns in a phased manner. Tire pressure monitoring systems are designed to monitor a vehicle’s tire pressure and temperature regularly and display the information gathered on an LCD screen. This system also sounds an alarm if the tire conditions are not good. The reduced tire pressure results in reduced safety, mileage, tire life, and vehicle performance. The incorporation of tire pressure monitoring systems in automobiles offers convenience and aids in reducing the number of accidents. These systems also contribute significantly to reducing carbon emissions in the environment by increasing the mileage of the vehicle.


The global tire pressure monitoring system market is anticipated to grow significantly over the forecast period owing to the implementation of strict government regulations pertaining to the reduction in carbon emissions in the environment. A higher mileage of the vehicle also reduces the demand for fossil fuels such as crude oil and reduces the exhaustion rate of fossil fuel reserves. With the increasingly adverse effects of greenhouse gases and the deteriorating air quality, numerous countries, particularly European countries, have mandated the emission standards to be followed by automotive manufacturers. The growth of the automotive industry is driven by numerous factors, such as the increase in demand for high-end luxury cars and the rising implementation of stringent economic and environmental policies. These factors are likely to increase the focus of customers towards the adoption of advanced safety systems, including tire pressure indicators, electronic stability control, and anti-brake systems in automobiles. This results in the growing demand for automotive aftermarket products. Moreover, new regulations were introduced in emerging nations, which demand the installation of tire pressure monitoring systems. This will lead to an increase in demand for tire pressure monitoring systems in the coming years.


Source: International Organization of Motor Vehicle Manufacturers (OICA)


Source: MRFR Analysis

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Tire-pressure monitoring system Market, By Technology

5.1 Introduction

5.2 Direct TPMS

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Indirect TPMS

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Tire-pressure monitoring system Market, By Vehicle Type

6.1 Introduction

6.2 Passenger vehicle

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Light Commercial Vehicle

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.3 heavy Commercial Vehicle

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Tire-pressure monitoring system Market, By Sales Channel

7.1 Introduction

7.2 OEM

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Aftermarket

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Tire-pressure monitoring system Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.2.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.2.5 U.S.

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.5.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.2.5.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.6.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.2.6.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.5.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.5.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.6.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.6.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.7.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.7.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.8.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.8.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.9.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.3.9.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.4.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.5.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.4.5.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.6.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.4.6.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.7.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.4.7.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.8.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.4.8.4 Market Estimates & Forecast by Sales Channel, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.5.3 Market Estimates & Forecast by Vehicle Type, 2020-2027

8.5.4 Market Estimates & Forecast by Sales Channel, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 Sensata Technologies Inc. (U.S)

10.1.1 Company Overview

10.1.2 Product /Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Continental AG (Germany)

10.2.1 Company Overview

10.2.2 Product /Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 Pacific Industrial Co. Ltd (Japan)

10.3.1 Company Overview

10.3.2 Product /Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Huf Hülsbeck & Fürst GmbH & Co. KG (Germany)

10.4.1 Company Overview

10.4.2 Product /Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 ZF Friedrichshafen AG (Germany)

10.5.1 Company Overview

10.5.2 Product /Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Schrader Electronics (U.K.)

10.6.1 Company Overview

10.6.2 Product /Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 AVE technologies (Australia)

10.7.1 Company Overview

10.7.2 Product /Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Bartec USA LLC (U.S.)

10.8.1 Company Overview

10.8.2 Product /Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 DUNLOP TECH GmbH (Germany)

10.9.1 Company Overview

10.9.2 Product /Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Delphi Automotive LLP. (U.K.)

10.10.1 Company Overview

10.10.2 Product /Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis


List of Tables

Table 1 Global Tire-pressure monitoring system Market: By Region, 2020-2027

Table 2 North America Tire-pressure monitoring system Market: By Country, 2020-2027

Table 3 Europe Tire-pressure monitoring system Market: By Country, 2020-2027

Table 4 Asia Pacific Tire-pressure monitoring system Market: By Country, 2020-2027

Table 5 RoW Tire-pressure monitoring system Market: By Country, 2020-2027

Table 6 Global Tire-pressure monitoring system Market, by Technology, By Regions, 2020-2027

Table 7 North America Tire-pressure monitoring system Market, by Technology, By Country, 2020-2027

Table 8 Europe Tire-pressure monitoring system Market, by Resin Technology, By Country, 2020-2027

Table 9 Asia Pacific Tire-pressure monitoring system Market, by Technology, By Country, 2020-2027

Table 10 RoW Tire-pressure monitoring system Market, by Technology, By Country, 2020-2027

Table 11 Global Tire-pressure monitoring system Market, by Vehicle Type: By Regions, 2020-2027

Table 12 North America Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2020-2027

Table 13 Europe Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2020-2027

Table 14 Asia Pacific Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2020-2027

Table 15 RoW Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2020-2027

Table 16 Global Tire-pressure monitoring system Market, by Sales Channel, By Regions, 2020-2027

Table 17 North America Tire-pressure monitoring system Market, by Sales Channel, By Country, 2020-2027

Table 18 Europe Tire-pressure monitoring system Market, by Sales Channel, By Country, 2020-2027

Table 19 Asia Pacific Tire-pressure monitoring system Market, by Sales Channel, By Country, 2020-2027

Table 20 RoW Tire-pressure monitoring system Market, by Sales Channel, By Country, 2020-2027

Table 21 Global Tire-pressure monitoring system Market: By Region, 2020-2027

Table 22 Global Tire-pressure monitoring system Market: By Region, 2020-2027

Table 23 Global Tire-pressure monitoring system Market: By Region, 2020-2027

Table 24 North America Tire-pressure monitoring system Market, By Country

Table 25 North America Tire-pressure monitoring system Market, by Technology

Table 26 North America Tire-pressure monitoring system Market, by Vehicle Type

Table 27 North America Tire-pressure monitoring system Market, By Sales Channel

Table 29 Europe: Tire-pressure monitoring system Market, By Country

Table 30 Europe: Tire-pressure monitoring system Market, by Technology

Table 31 Europe: Tire-pressure monitoring system Market, by Vehicle Type

Table 32 Europe: Tire-pressure monitoring system Market, By Sales Channel

Table 34 Asia Pacific: Tire-pressure monitoring system Market, By Country

Table 35 Asia Pacific: Tire-pressure monitoring system Market, by Technology

Table 36 Asia Pacific: Tire-pressure monitoring system Market, by Vehicle Type

Table 37 Asia Pacific: Tire-pressure monitoring system Market, By Sales Channel

Table 39 RoW: Tire-pressure monitoring system Market, By Region

Table 40 RoW Tire-pressure monitoring system Market, by Technology

Table 41 RoW Tire-pressure monitoring system Market, by Vehicle Type

Table 42 RoW Tire-pressure monitoring system Market, By Sales Channel


List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE, BY TECHNOLOGY, 2020 (%)

FIGURE 9 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE, BY SALES CHANNEL, 2020 (%)

FIGURE 11 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 17 EUROPE TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 19 ASIA PACIFIC TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD TIRE-PRESSURE MONITORING SYSTEM MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2020-2027 (USD MILLION)