Advanced Tpms Market set to rise $9.0 billion by 2030, as Connected Vehicle Ecosystem hits transformation ground


Posted February 7, 2025 by datastring

Advanced Tpms is expected to rise to $9.0 billion by 2030 from $4.6 billion of 2023. The revenue growth of industry players is estimated to average at 10.2% annually for period 2023 to 2030.
 
Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Direct TPMS, Indirect TPMS, Hybrid TPMS), Application (Passenger Vehicles, Commercial Vehicles, Heavy-duty Trucks, Off-road Vehicles) and Technology (Pressure Sensors, Bluetooth Connectivity, Real-time Monitoring, Data Analytics).

Access the 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š๐๐ฏ๐š๐ง๐œ๐ž๐-๐ญ๐ฉ๐ฆ๐ฌ-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 ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Europe are the two most active and leading regions in the market. In Europe Advanced TPMS has been widely embraced, in fleet management and heavy duty sectors. Sensata Technologies and WABCO are the players in this market capitalizing on the EUs focus, on road safety and environmental conservation efforts.

With challenges like high costs and complex installation, Advanced Tpms marketโ€™s supply chain from raw material suppliers to end-user is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and Turkey for revenue diversification and TAM expansion. As cars become increasingly interconnected, Advanced TPMS is being combined with connected vehicle technologies to boost vehicle safety and facilitate real time data exchange with other safety systems.

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

The Advanced Tpms market is characterized by intense competition, with a number of leading players such as Continental, Schrader Electronics, Sensata Technologies, WABCO, Huf Hรผlsbeck & Fรผrst, PSI (Pressure Systems International), DENSO, ATEQ TPMS Tools, Pacific Industrial, Dill Air Controls, Bartec USA and Tire Pressure Monitoring Solutions. These players are pushing & penetrating the market with their strategies.

Application Area Leading Advanced TPMS Providers Provider Strategies
Passenger Vehicles Continental, Schrader Electronics Continental emphasizes safety and fuel efficiency for passenger vehicles, while Schrader focuses on advanced sensor technology and Bluetooth integration.
Commercial Vehicles WABCO, DENSO WABCO provides comprehensive TPMS solutions for fleet operators, integrating with fleet management tools, while DENSO focuses on predictive maintenance.
Heavy-duty Trucks Sensata Technologies, Huf Hรผlsbeck & Fรผrst Sensata offers rugged TPMS solutions for heavy-duty trucks, while Huf develops systems for extreme conditions.
Off-road Vehicles Michelin, PSI Michelin develops durable TPMS for off-road applications, while PSI specializes in heavy-duty solutions.


About DataString Consulting

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.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated February 7, 2025