India, Aug. 22 -- The global market for Tyre Pressure Monitoring Systems (TPMS) is projected to grow modestly over the next five years, with volumes rising from an estimated 68.9 million units in 2025 to 71.4 million units by 2030, according to a report published.
The "Sector Innovation Report: Tyres and Wheels Q2 2025", released by Research and Markets, forecasts a compound annual growth rate (CAGR) of 0.7 percent for the TPMS market.
The study synthesises data from multiple sources and provides an overview of the tyres and wheels sector, highlighting recent developments, patent activity, job trends and regional growth prospects.
The report identifies opportunities for auto manufacturers and suppliers to refine sales and marketing stra...