diff --git a/homeassistant/components/tradfri/manifest.json b/homeassistant/components/tradfri/manifest.json
index dace0f0739b..7b94bbf0bc0 100644
--- a/homeassistant/components/tradfri/manifest.json
+++ b/homeassistant/components/tradfri/manifest.json
@@ -3,15 +3,9 @@
   "name": "IKEA TRÅDFRI",
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/tradfri",
-  "requirements": [
-    "pytradfri[async]==7.0.2"
-  ],
+  "requirements": ["pytradfri[async]==7.0.3"],
   "homekit": {
-    "models": [
-      "TRADFRI"
-    ]
+    "models": ["TRADFRI"]
   },
-  "codeowners": [
-    "@ggravlingen"
-  ]
+  "codeowners": ["@ggravlingen"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 95d49a43fb2..afbe79a8bfb 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1851,7 +1851,7 @@ pytraccar==0.9.0
 pytrackr==0.0.5
 
 # homeassistant.components.tradfri
-pytradfri[async]==7.0.2
+pytradfri[async]==7.0.3
 
 # homeassistant.components.trafikverket_train
 # homeassistant.components.trafikverket_weatherstation
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index cb7dbbfe757..c8cb794ecfd 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -902,7 +902,7 @@ pytile==4.0.0
 pytraccar==0.9.0
 
 # homeassistant.components.tradfri
-pytradfri[async]==7.0.2
+pytradfri[async]==7.0.3
 
 # homeassistant.components.vera
 pyvera==0.3.11