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The Power Behind Your Ride: The TPMS Battery Market 2023

The Tire Pressure Monitoring System (TPMS) battery market is expected to grow steadily in the coming years, due to rising demand for efficient and safe driving. TPMS batteries are small, button-cell batteries used in vehicles to ensure safety and tire performance. They are designed to monitor pressures of tires and alert the driver when a tire needs air.

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As they require a low amount of power, lithium cells have become the most widely used type of TPMS batteries. Some leading players in this industry include Saft Batteries Inc., Panasonic Corporation, Sanyo Electric Co., Ltd., Toshiba Corporation, Sony Corporation, GP Batteries International Limited, Duracell Company Inc., Nippon Mektron Ltd. and VARTA Microbattery GmbH.

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