Market Share of Automotive TPMS Industry
The automotive TPMS is moderately consolidated due to several global, tier-2, and tier-3 suppliers. However, regarding OEM supply, companies like Sensata Technologies, Huf Electronics, Continental, Infineon Technology, Lear Corporation, and ZF TRW dominate the market.
- June 2022: Continental, a leading innovation and supplier of OE and aftermarket for tire pressure monitoring systems, TPMS diagnostic tools, and replacement parts, introduced a new packaging design for its next generation of REDI-Sensor Multi-Application TPMS Sensors. It came from the exhaustive research and development conducted by Continental AG in this segment.
- November 2021: KRAIBURG Austria announced the launch of a new, web-based tire pressure monitoring system called TYLOGIC, which reliably detects gradual or abrupt pressure loss, possible mechanical damage to axles or brakes of the truck, or the imminent end of the regular tire mileage.
Furthermore, one of the primary reasons that automakers prefer products from major manufacturers is the demand for high-quality and durable products. Moreover, these significant players increased R&D spending exponentially to integrate automotive TPMS with other safety-related solutions.
Automotive TPMS Market Leaders
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Delphi Automotive
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DENSO Corporation
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Continental AG
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ZF TRW
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Valor TPMS
*Disclaimer: Major Players sorted in no particular order
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