The TPMS Market is Growing at an Alarming Rate

A new study by Frost & Sullivan Inc. titled "Strategic Analysis of the North American and European Tire Pressure Monitoring Systems Aftermarket" predicts that the tire pressure monitoring system parts and service market will more than triple in North America and Europe. 

Other findings in the study predict that the size of the TPMS market will increase to about $390 million by 2018. That's a $112 million increase from 2011! In North America, personal vehicles registered with factory installed tire pressure monitoring sensors is estimated to reach 38%, a 25% increase from 2011. With the rise of OE TPMS on the road and in the marketplace, more and more opportunities are then created for aftermarket sales and service.

Does your service bay want to be competitive in a quickly growing market? In order stay ahead of the pack, service bays need to be educated in various TPMS related fields - installation, programming, diagnostics, troubleshooting, service pricing, and TPMS laws. Proper education can help service bays across the nation take advantage of the TPMS market. 

If your service bay is looking to sell and service TPMS, let us know and we'll help you get started. Our comprehensive wholesale program is designed to help you shop stay on top of the TPMS market with the latest in TPMS sensor technology, tools, and technical know-how. We're here to make sure you don't miss a beat. For more information, send us an e-mail at [email protected] or give us a call at (714) 482-3996.