Market Share's Tire Pressure Monitoring System (TPMS) Market 2025

Tire Pressure Monitoring System (TPMS) Market
Report - Industry Outlook - Latest Development
and Trends 2025
“An electronic system in a vehicle that monitors the
tire air pressure and signals when it falls dangerously
low is referred to a Tire Pressure Monitoring System
(TPMS). There are mainly two types of TPMS namely
direct TPMS and indirect TPMS.”
Global Tire Pressure Monitoring System (TPMS) Market is expected to grow at a significant CAGR in the upcoming
years as the scope and its applications are increasing across the globe. An electronic system in a vehicle that monitors
the tire air pressure and signals when it falls dangerously low is referred to a Tire Pressure Monitoring System (TPMS).
There are mainly two types of TPMS namely direct TPMS and indirect TPMS.
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It is very advantageous as it increases safety on the road by improving vehicle’s handling, decreasing braking distance,
reducing tire wear, enhancing fuel economy, etc. The factors that propel the growth of the Tire Pressure Monitoring
System (TPMS) Market include increasing demand, rapid urbanization & industrialization, and product development
& technological innovations.
In addition, key factors such as growing awareness among consumers regarding health and safety, stringent safety
rules and rise in disposable income significantly contribute to the growth of the market. On the other hand, there are
also factors that may hamper the growth of the market such as high cost of Tire Pressure Monitoring System (TPMS).
TPMS Market is classified on the basis of technology, vehicle type, sales channel and geography.