Global Automatic Tire Inflation System Market, By Type (Central, Continuous), By Component (ECU, Com

Published Date: | Report Code : AT1915143

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The automatic tire inflation system market growth is expected to gain high momentum during the forecast period due to increasing safety and comfort concerns in the European region.

An automatic tire inflation system maintains the pressure in all four tires of a vehicle by deflating or inflating to perform efficiently on different kinds of surfaces. This system is often seen in SUVs or luxury vehicles. The system increases the tire pressure when the vehicle’s load increases and reduces the pressure when the load decreases. If the tire pressure decreases by any means, the system inflates the tire to the optimum pressure. It also helps to improve fuel efficiency and reduce tire damages. In some luxury vehicles, it comes as a factory-fitted while a few owners opt for the aftermarket.

This system is used in vehicles, which are designed to operate in any terrain, such as off-road vehicles, defense vehicles or luxury passenger vehicles. Vehicles that operate off-highway are more likely to suffer from tire wear and damages. Several manufacturers are investing in R&D to reduce the wear and damages in vehicles. All these factors are influencing the growth of the automatic tire inflation system market. This system helps to maintain the pressure in tires, which increases the life of tires. However, high maintenance cost and fitment issues may hamper market growth.

Europe is expected to lead the market during the forecast period due to increasing safety and comfort demands. Moreover, the production of electric vehicles may also drive the automatic tire inflation market.

Key Factors Impacting Market Growth:

  • Increasing safety and comfort concerns in the European region
  • Increasing demand for heavy-duty off-road vehicles

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automatic tire inflation system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automatic tire inflation system market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automatic tire inflation system market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automatic tire inflation system market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automatic tire inflation system market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

Goodyear Tire and Rubber Company, Meritor, Inc., CODA Development, MICHELIN, STEMCO Products Inc., Hankook Tire, Denso Corporation, Haltec Corporation, and Pressure Systems International, Inc….

Market Segmentation:

By Type:

  • Central
  • Continuous

By Component:

  • ECU
  • Compressor
  • Pressure Sensors

By Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles
  • Others

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Component
    • By Vehicle Type
    • By Sales Channel

Reasons To Buy This Report:

  • Market size estimation of the automatic tire inflation system market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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