Automotive TPMS Innovation & Leadership: Japanese OEMs and Global Pioneers Drive Real-Time Monitoring for Next-Gen Vehicle Safety

The global Automotive TPMS Market expected to reach USD9.1 billion by 2030, growing at a robust CAGR of 12.9% during 2024-2031. The automotive industry is continually evolving, with advancements in technology transforming the driving experience. Technological innovations such as real-time wireless monitoring, integration with electric vehicles and advanced driver-assistance systems, and predictive maintenance capabilities are creating new opportunities, while the surging demand for connected car solutions and the increasing importance of aftermarket upgrades further accelerate market expansion.

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Automotive TPMS Market Recent Key Developments

USA
Market growth & drivers: The U.S. TPMS market is expanding steadily, with the global industry forecasted to reach USD 23.52 billion by 2032, up from approximately USD 11.41 billion in 2024, representing a CAGR of 10.1% over 2023-2032.

Technology & innovation: TPMS, mandatory in U.S. vehicles since 2007 under FMVSS-138 regulation for detecting under-inflation of 25% or more, continues to be enhanced with newer features. Companies like Continental have launched next-gen solutions such as the REDI-Sensor Multi-Application sensors to enhance reliability and coverage.

Japan
Growth outlook: Japan's TPMS market is forecasted to grow at a CAGR of about 9.5% through 2034, driven by heightened safety awareness, OEM integration, and aftermarket demand.

OEM leadership: Japanese manufacturers, including Toyota and Honda, are integrating advanced direct TPMS even into mid-range models to enhance vehicle safety and compliance.

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Mergers & Acquisitions

➤ Tata Motors acquired Iveco - $4.36 billion all-cash deal, funded by $4.5 billion bridge loan; Iveco's defense division to be divested.

➤ Fleetio acquired Auto Integrate - Expanding fleet maintenance software offerings.

➤ indiGO Tech acquired Clevon - Strategic move into autonomous delivery.

➤ Moove acquired Kovi - Strengthening vehicle access services in Latin America.

➤ MoEVing acquired Evongo - Expanding EV fleet management capabilities.

➤ Black Semiconductor acquired Applied Nanolayers - Advanced semiconductor integration for automotive tech.

Strategic Players Driving the Automotive TPMS Market Forward:

• Continental AG,

• Denso Corporation,

• Pacific Industrial Co., Ltd.,

• Schrader Electronics,

• Alligator Ventilfabrik GmbH,

• PressurePro,

• Alps Electric Co., Ltd.,

• Bendix Commercial Vehicle Systems LLC,

• Doran Manufacturing LLC,

• Takata Corporation.

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Segment Covered in the Automotive TPMS Market:

➤ By Product Type: Direct TPMS, Indirect TPMS

➤ BY Vehicle Type: Passenger vehicle, Commercial vehicle, Heavy duty vehicle

➤ By Sales Channel: OEM, Aftermarket

Regional Analysis for Automotive TPMS Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Automotive TPMS Market Research Industry:

✒ What are the primary drivers fueling growth in the Automotive TPMS Market today?
✒ Which companies are currently leading innovation and market share in the Automotive TPMS Market?
✒ In what ways is the current regulatory environment influencing the Automotive TPMS Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Automotive TPMS Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Automotive TPMS Market?

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