Top 5 Countries in Tire Pressure Monitoring System Sensor Market: Spotlight on U.S., Germany, and China


Posted January 10, 2025 by Datastring

The tire pressure monitoring system (TPMS) sensor industry is expected to grow from $1.2 billion in 2023 to $6.1 billion by 2035. The U.S., Germany, and China are the leading markets, followed by Japan and the UK.

 
๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ
North America and Asia-Pacific are the two most active and leading regions in the market. With challenges like high initial costs and technical limitations, Tire Pressure Monitoring System Sensor marketโ€™s supply chain from component supplier / manufacturers / distribution channel to end-user, is expected to evolve & expand further. Companies such as Continental AG, Schrader International, Pacific Industrial Co, Ltd, Huf Hรผlsbeck & Fรผrst GmbH, Denso Corporation, Sensata Technologies, Bartec USA LLC, NXP Semiconductors, Alligator Ventilfabrik GmbH, ZF Friedrichshafen AG, Valeo and ATEQ are well placed in the market.
Below table analyse the details of major applications, leading players and their strategies.
Automotive

Check detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ญ๐ข๐ซ๐ž-๐ฉ๐ซ๐ž๐ฌ๐ฌ๐ฎ๐ซ๐ž-๐ฆ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ -๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ-๐ฌ๐ž๐ง๐ฌ๐จ๐ซ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ซ๐จ๐ฏ๐ข๐๐ž๐ซ๐ฌ: Continental, Schrader
๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ: Focus on integrating with OEMs to meet regional safety regulations.
Commercial Fleet
๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ซ๐จ๐ฏ๐ข๐๐ž๐ซ๐ฌ: Sensata Technologies, Bartec USA
๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ: Developing fleet-specific systems with real-time monitoring capabilities.
Industry Opportunities
๐’๐ฆ๐š๐ซ๐ญ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ: The increasing popularity of self driving cars presents a special chance for TPMS sensors to blend with more extensive vehicle diagnostic systems. This integration can improve safety measures and operational analysis.
๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ-๐…๐ซ๐ž๐ž ๐“๐๐Œ๐’: Creating tire pressure monitoring system (TPMS) sensors that do not rely on batteries helps to tackle issues and lessen the need for frequent upkeep. This initiative is in line with the emphasis on sustainability, in the automotive industry.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 
DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

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Last Updated January 13, 2025