According to our (Global Info Research) latest study, the global Tire Pressure Monitoring Sensor Battery market size was valued at USD 236.7 million in 2022 and is forecast to a readjusted size of USD 307.8 million by 2029 with a CAGR of 3.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Growing regulations to mandate the installation of TPMS in developed regions such as North America, Europe and China act as a catalyst in the overall growth of TPMS battery market. Moreover, increase in the adoption of automotive safety systems is among key factors responsible for driving the TPMS market. This is expected to boost the demand for TPMS batteries over the forecast period. As mandatory European laws and regulations are implemented, Europe has surpassed the United States as the region with the largest demand worldwide, while China becomes the world's third largest TPMS battery after Europe and the United States by virtue of its enormous automobile market in 2019. According to the requirements of China's mandatory TPMS standard, for M1 auto models, all new certified vehicle must carry TPMS in the Chinese market by 2019 and all vehicles being produced must be compulsorily installed with TPMS in 2020, therefore China overtook Europe to be the world's largest TPMS market by 2020.
Tire Pressure Monitoring sensors are electronic devices installed in vehicle tires to monitor the tire pressure and alert the driver of any significant deviations. These sensors typically use batteries to power their operations.
This report is a detailed and comprehensive analysis for global Tire Pressure Monitoring Sensor Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Tire Pressure Monitoring Sensor Battery market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Tire Pressure Monitoring Sensor Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Tire Pressure Monitoring Sensor Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Tire Pressure Monitoring Sensor Battery market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tire Pressure Monitoring Sensor Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tire Pressure Monitoring Sensor Battery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Maxell, Murata Manufacturing, Panasonic, EVE Energy and Tadiran. etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Tire Pressure Monitoring Sensor Battery market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Above 350 mAh
Below 350 mAh
Market segment by Application
OEM
Aftermarket
Major players covered
Maxell
Murata Manufacturing
Panasonic
EVE Energy
Tadiran
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tire Pressure Monitoring Sensor Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tire Pressure Monitoring Sensor Battery, with price, sales, revenue and global market share of Tire Pressure Monitoring Sensor Battery from 2018 to 2023.
Chapter 3, the Tire Pressure Monitoring Sensor Battery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tire Pressure Monitoring Sensor Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Tire Pressure Monitoring Sensor Battery market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tire Pressure Monitoring Sensor Battery.
Chapter 14 and 15, to describe Tire Pressure Monitoring Sensor Battery sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Tire Pressure Monitoring Sensor Battery. Industry analysis & Market Report on Tire Pressure Monitoring Sensor Battery is a syndicated market report, published as Global Tire Pressure Monitoring Sensor Battery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Tire Pressure Monitoring Sensor Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.