Global Automatic Tire Inflation System Market report covers scope and product overview to define the key terms and offers detailed information about market dynamics to the readers. This is followed by the regional outlook and segmental analysis. The report also consists of the facts and key values of the Global Automatic Tire Inflation System Market in terms of sales and volume, revenue and its growth rate.
Market Analysis: Global Automatic Tire Inflation System Market
Global Automatic Tire Inflation System Market is expected to rise from its initial estimated value of USD 926.88 million in 2018 to an estimated value of USD 1797.31 million by 2026, registering a CAGR of 8.63% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased concern regarding the safety of life and vehicles.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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Key Developments in the Market:
- In March 2018, SAF-HOLLAND S.A. announced the introduction of “Tire Pilot Plus System” aimed at measuring over and under inflation of tires continuously and warning the driver of the vehicle regarding the same.
- In September, 2017 Continental AG announced the introduction of a system for the external monitoring of inflation levels of tires of vehicles. The process contains the sensors being integrated into the tires and monitoring being carried out through an external source. The system is applicable on trucks, buses and various bigger vehicles.
Key Market Competitors: Global Automatic Tire Inflation System Market
- SAF-HOLLAND S.A.,
- Continental AG,
- WABCO,
- ENPRO INDUSTRIES PVT. LTD.,
- MICHELIN,
- The Goodyear Tire & Rubber Company,
- Bridgestone Corporation
- Dana Limited,
- IDEX,
- Hendrickson USA L.L.C.,
- Aperia Technologies Inc.,
- Haltec Corporation,
- CODA DEVELOPMENT,
- Pirelli & C. S.p.A.,
- Pressure Systems International Inc.,
- Opladen LLC Vigia USA, ti.systems GmbH,
- Trans Technologies Company,
- Servitech,
- Velociti Inc.,
- Tibus Offroad Ltd. & Co. KG,
- Téléflow,
- Bigfoot equipment LTD,
- Chet’s Professional Services pty ltd.
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Competitive Analysis: Global Automatic Tire Inflation System Market
Global automatic tire inflation system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automatic tire inflation system market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Automatic Tire Inflation System Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Part 04: Global Automatic Tire Inflation System Market Sizing
- Market definition
- Market sizing
- Market size and forecast
Part 05: Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Part 06: Global Automatic Tire Inflation System Market Segmentation By Product
- Market segmentation by product
- Market segmentation By Applications
- Market segmentation By End Users
- Comparison by product
- Others – Market size and forecast
- Market opportunity by product
Part 07: Customer Landscape
Part 08: Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Americas – Market size and forecast
- EMEA – Market size and forecast
- APAC – Market size and forecast
- Key leading countries
- Market opportunity
Part 09: Decision Framework
Part 10: Drivers And Challenges
- Market drivers
- Market challenges
Part 11: Market Trends
Part 12: Vendor Landscape
- Overview
- Landscape Disruption
Part 13: Vendor Analysis
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Segmentation: Global Automatic Tire Inflation System Market
- By Type
- Central Tire Inflation System
- Continuous Tire Inflation System
- By Component
- Air Delivery System
- Buffer Tank
- Compressor
- Electronic Control Unit (ECU)
- Housing
- Pressure Sensor
- Rotary Union
- By On-Highway Vehicle
- Passenger Car
- Commercial Vehicle
- By Off-Highway Vehicle
- Agricultural Vehicles
- Construction Vehicles
- By Electric Vehicles
- Hybrid Electric Vehicle
- Plug-In Hybrid Electric Vehicle
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- By Geography
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Market Drivers:
- Increase in fuel efficiency and life of the tires due to the usage of these systems is expected to drive the market growth
- Increase in concern for safety of the vehicle and driver is also expected to drive the market growth
Market Restraints:
- Adoption of tubeless and nitrogen tires is expected to restrain the market growth
- High cost of these systems is also expected to act as a restraint to the market growth
Customization of the Report: This report can be customized to meet the client’s requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.
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