TPMS Battery Market Summary
A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. There are two types of tire pressure monitoring systems, the indirect one does not require batteries, while the direct one requires batteries. TPMS battery is the battery used in a direct type tire-pressure monitoring system (TPMS).
Tire pressure monitoring systems (TPMS) play a crucial role in improving vehicle safety by alerting drivers to low tire pressure, which can lead to blowouts and accidents. The growing emphasis on safety is driving the adoption of TPMS, consequently boosting the battery market associated with these systems.
Many countries and regions have implemented regulations requiring vehicles to be equipped with TPMS. For example, the U.S. mandates that all new vehicles must have a functional TPMS. Such regulations drive the market for batteries used in TPMS.
As the electric vehicle market grows, there is an increased demand for components such as TPMS batteries. EVs require sophisticated monitoring systems, including tire pressure monitoring, which depend on efficient battery solutions.
There is a growing trend in the aftermarket segment for TPMS as vehicle owners seek to upgrade or replace existing systems, including batteries. This trend is fueling demand for specialized batteries designed for TPMS.
The development of advanced battery technologies, such as lithium-ion and lithium polymer batteries, is making TPMS batteries lighter, more compact, and more efficient. These innovations enable longer battery life and improved performance in harsh conditions.
According to the new market research report “Global TPMS Battery Market Report 2024-2030”, published by LP Information, the global TPMS Battery market size is projected to reach USD 0.2 billion by 2030, at a CAGR of 5.6% during the forecast period.
Figure1. Global TPMS Battery Market Size (US$ Million), 2019-2030
Above data is based on report from LP Information: Global TPMS Battery Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact LP Information.
Figure2. TPMS Battery, Global Market Size, Split by Product Segment
Based on or includes research from LP Information: Global TPMS Battery Market Report 2024-2030.
In terms of product type, currently Up to 350 mAh is the largest segment, hold a share of 82.5%.
Figure3. TPMS Battery, Global Market Size, Split by Application Segment
Based on or includes research from LP Information: Global TPMS Battery Market Report 2024-2030.
In terms of product application, currently OEM is the largest segment, hold a share of 96.9%.
Figure4. TPMS Battery, Global Market Size, Split by Region
Based on or includes research from LP Information: Global TPMS Battery Market Report 2024-2030.
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