Global Automatic Tire Inflation System Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Central tire inflation system and Continuous tire inflation system.

By Component;

Rotary Union, Compressor, Pressure Sensor, Housing, Air Delivery System, ECU and Buffer Tank.

By On-highway Vehicle;

Passenger Cars (PC) and Commercial Vehicle (CV).

By Off-highway Vehicle;

Agriculture Vehicle and Construction Vehicle.

By Electric Vehicle;

Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV) and Fuel Cell Electric Vehicle (FCEV).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn168661061 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Automatic Tire Inflation System Market (USD Million), 2020 - 2030

In the year 2023, the Global Automatic Tire Inflation System Market was valued at USD 71.37 million. The size of this market is expected to increase to USD 156.80 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 11.9%.

The global automatic tire inflation system (ATIS) market has witnessed steady growth in recent years due to increasing emphasis on vehicle safety, fuel efficiency, and maintenance cost reduction. Automatic tire inflation systems are designed to automatically maintain optimal tire pressure, enhancing vehicle performance, stability, and safety while reducing fuel consumption and tire wear. This market's growth is driven by a growing awareness among fleet operators, military organizations, and commercial vehicle manufacturers about the benefits of automatic tire inflation systems in improving overall vehicle performance and reducing operational costs.

Automatic tire inflation systems play a crucial role in enhancing vehicle safety by ensuring that tires are properly inflated at all times, reducing the risk of tire blowouts, accidents, and breakdowns. As regulatory bodies and governments worldwide impose stricter safety regulations and emission standards, the demand for automatic tire inflation systems is expected to increase, further driving market growth. Additionally, the rising adoption of automatic tire inflation systems in military vehicles, commercial trucks, trailers, and off-highway vehicles, such as agricultural and construction equipment, is fueling market expansion.

The global automatic tire inflation system market encompasses various product types, including central tire inflation systems (CTIS) and continuous tire inflation systems (CTIS), catering to diverse vehicle types and applications. These systems are designed to automatically adjust tire pressure based on vehicle speed, load, and terrain conditions, optimizing traction, stability, and fuel efficiency

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By On-highway Vehicle
    4. Market Snapshot, By Off-highway Vehicle
    5. Market Snapshot, By Electric Vehicle
    6. Market Snapshot, By Region
  4. Global Automatic Tire Inflation System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increase in Fuel Economy
        2. Increasing Tire and Drivetrain Life
        3. Growing Safety Concerns Over Vehicles
      2. Restraints
        1. Increasing Demand for Tubeless and Nitrogen Tires
        2. Limited Supply
        3. Higher Costs
      3. Opportunities
        1. Market Expansion
        2. Product Innovation
        3. Collaboration and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automatic Tire Inflation System Market, By Type, 2020 - 2030 (USD Million)
      1. Central tire inflation system
      2. Continuous tire inflation system
    2. Global Automatic Tire Inflation System Market, By Component, 2020 - 2030 (USD Million)
      1. Rotary Union
      2. Compressor
      3. Pressure Sensor
      4. Housing
      5. Air Delivery System
      6. ECU
      7. Buffer Tank
    3. Global Automatic Tire Inflation System Market, By On-highway Vehicle, 2020 - 2030 (USD Million)
      1. Passenger Cars (PC)
      2. Commercial Vehicle (CV)
    4. Global Automatic Tire Inflation System Market, By Off-highway Vehicle, 2020 - 2030 (USD Million)
      1. Agriculture Vehicle
      2. Construction Vehicle
    5. Global Automatic Tire Inflation System Market, By Electric Vehicle, 2020 - 2030 (USD Million)
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
      3. Plug-In Hybrid Electric Vehicle (PHEV)
      4. Fuel Cell Electric Vehicle (FCEV)
    6. Global Automatic Tire Inflation System Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. WABCO
      2. EnPro Industries
      3. Michelin
      4. Goodyear
      5. Dana Incorporated
      6. SAF-HOLLAND
      7. IDEX Corporation
      8. The Boler Company
      9. Airgo Systems
      10. Aperia Technologies
      11. Haltec Corporation
      12. Ti Systems
  7. Analyst Views
  8. Future Outlook of the Market

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