The keyfob and TPMS work similarly. Both are required to operate in the ISM band. 325 MHz in North America, 434 MHz in Japan, Europe, and a few others.
Believe it or not, there is absolutely no standardization for how OEM's implement these systems apart from a few FCC regulations for interference.
That is to say, OEM's are free to design-in as many or as few features as they want. The key is balancing battery life: more features = more power = less life.
You want TPMS that transmits tire location, temperature as well as pressure, and you want it to update every 2 seconds and never go to sleep?
Ok... we'll just need people to replace them every 2 years. Not good.
Solution? Expand the update interval, eliminate temperature measurement, allow them to sleep when parked and there's a TPMS sensor that'll run for 10 years.
Fewer features = longer life.
Apply that reasoning to the keyfob and ask yourself how many features you REALLY want.
If they can design this thing so I never have to change the battery, I'd take that every day over an LED indicator.