Automotive & Transportation // Automotive Advance Technologies
The global automatic
tire inflation system market foreseen to grow by 9.1%, from USD 48.74 Million
in 2021 to USD 97.83 Million in 2029. Improves
performance on different driving surfaces, increases in demand for safety
features in vehicles, and increases in fuel economy are seen to propel the
growth of the market over the forecast period. However, increasing demand for
airless and nitrogen inflated tires is seen to hinder the market growth over
the estimated period.
Market Definition
What is Automatic tire
inflation system market?
An automatic tire inflation system maintains the pressure level inside
the tire this system continuously checks the tire pressure using a built
control device and gives us alert signals about the tire condition. monitoring
tire inflation pressure and work to overcome one or more of the causes of tire
underinflation.
Market Overview
The automatic
tire inflation system market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the automatic tire inflation system Market offers
valuable perspicuity and a current scenario for making the right decision. The
research study covers the eminent players in the market with a detailed
analysis of the company and a financial overview containing their net sales,
business mix and geographical reach It mainly focuses on the key developments
of the products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global automatic tire inflation
system Market player's competitive landscape helping the client comprehend
their specific strategic growth approaches.
Automatic tire
inflation system Market study by "Zettabyte Analytics" offers details
about the market scope, market segmentation, technological advancement in the automatic
tire inflation system Market and highlights the optimistic, competitive
landscape and trends enduring over the years.
Major players in
the automatic tire inflation system Market AIR CTI Airgo System Bigfoot
Equipment Claas Group Dana Incorporated Enpro Industries Goodyear Tire &
Rubber Company Haltec Corporation Idex Corporation Meritor Michelin Nexter
System Opladen Llc , Pressure Systems
International Raytech Group, Rotex automation Saf-Holland Servitech Industries
The Boler Company Ti Systems Tibus Offroad Trans Technologies Company Velocity
COVID-19 Impact on Global Automatic
tire inflation system Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the automatic tire
inflation system Market has forced the companies to change their sourcing,
pricing, and promotion strategies. The automatic tire inflation system market
players are seen focusing more on optimizing the E-commerce networks with the
rising innovations in the digital sector, which are creating new business
models for the food and beverage industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Automatic tire
inflation system Market future markets are analyzed to understand their impact
on demand for the forecast period. Growth rates have been estimated using
correlation, regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Automatic tire inflation system Market segmented on
the basis of type, component, on-highway vehicle, off-highway vehicle, electric
heavy-duty vehicles, sales channel, and region:
Type |
|
Central Tire Inflation
System |
|
Continuous Tire Inflation
System |
|
Component |
|
Air Delivery System |
|
Buffer Tank |
|
Compressor |
|
Ecu |
|
Housing |
|
Pressure Sensor |
|
Rotary Union |
|
On-Highway Vehicle |
|
Heavy Duty Vehicle |
|
Light Duty Vehicle |
|
Off-Highway Vehicle |
|
Agriculture tractors |
|
Construction Vehicle |
|
Electric Heavy-Duty
Vehicles |
|
Plug-In Hybrid
Electric Vehicle |
|
Battery Electric Vehicle |
|
Fuel Cell Electric
Vehicle |
|
Sales Channel |
|
After Market |
|
OEM |
Type Outlook:
On the basis of
type, the market is segmented into central tire inflation system, continuous
tire inflation system.
Component Outlook:
On the basis of
Component, the market is segmented into Air Delivery System, Buffer Tank,
Compressor, Ecu, Housing, Pressure Sensor, Rotary Union.
Figure 1 Automatic tire inflation system
Market By Component (Market Size And Forecast By Value - USD Million, 2021
& 2029)
On-Highway Vehicle Outlook:
On the basis of
On-Highway Vehicle, the market is segmented into Heavy Duty Vehicle, Light Duty
Vehicle.
Figure 2 On-Highway Vehicle Outlook (Revenue,
USD Million, 2021)
Off-Highway Vehicle Outlook:
On the basis of
off-highway vehicle, the market is segmented into agriculture tractors,
construction vehicle.
Figure 3–Off-Highway Vehicle (Revenue, USD
Million, 2021)
Electric Heavy-Duty Vehicles Outlook:
On the basis of
Electric Heavy-Duty Vehicles, the market is segmented into Plug-In Hybrid
Electric Vehicle, Battery Electric Vehicle, Fuel Cell Electric Vehicle.
Figure 4 Electric Heavy-Duty Vehicles Outlook
(Revenue, USD Million, 2021),
Regional Outlook (Revenue, USD million; 2021
& 2029)
Regional Outlook
(Revenue, USD million; 2018-2029) |
|
North America |
U.S. |
Canada |
|
Europe |
Germany |
U.K. |
|
France |
|
Spain |
|
Italy |
|
Rest of the Europe |
|
Asia Pacific |
India |
Japan |
|
China |
|
South Korea |
|
Australia |
|
Rest of Asia-Pacific |
|
Middle East & Africa |
UAE |
Saudi Arabia |
|
South Africa |
|
Rest of Middle East & Africa |
|
Latin America |
Brazil |
Mexico |
|
Argentina |
|
Rest of Latin America |
Figure 5 Automatic Tire Inflation System Market:
Regional Dynamics
The players
operating in the market have undertaken several strategies related to the
market in the period 2019-2021. some of the prominent players in the Automatic
tire inflation system Market include
· AIR CTI
· Airgo System
· Bigfoot Equipment
· Claas Group
· Dana Incorporated
· Enpro Industries
· Goodyear Tire &
Rubber Company
· Haltec Corporation
· Idex Corporation
· Meritor
· Michelin
· Nexter System
· Opladen Llc
· Pressure Systems
International
· Raytech Group
· Rotex Automation
· Saf-Holland
· Servitech
Industries
· The Boler Company
· Ti Systems
· Tibus Offroad
· Trans Technologies
Company
· Velocity.
Global Automatic tire inflation system Market
Report Scope
Historical
data |
2018 - 2020 |
Base
year for estimation |
2021 |
Forecast
period |
2022 - 2029 |
Market
size value in 2022 |
USD XX Billion |
Revenue
forecast in 2029 |
USD 97.83 Billion |
Growth
Rate |
CAGR of 9.1%
from 2022 to 2029 |
Quantitative
units |
Revenue in USD Million/Billion & CAGR
from 2022 to 2029 |
Report coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments
covered |
Component, On-Highway Vehicle Off-Highway
Vehicle, Electric Heavy-Duty Vehicles. |
Key
companies profiled |
AIR CTI, Airgo
System, Bigfoot Equipment, Claas Group |
Regional
Scope |
North America, Europe, Asia Pacific, Middle
East & Africa, Latin America |
Country
Scope |
U.S.,
Canada, Germany, U.K., France, Italy, Spain, India, Japan, China, Australia,
South Korea, Saudi Arabia, UAE, South Africa, Brazil, Mexico, Argentina |
Customization
scope |
Free report customization (equivalent to up
to 8 analysts’ working days) with purchase. Addition or alteration to
country, regional & segment scope. |
Type Outlook (Revenue, USD Million/Billion;
2018-2029)
o Central Tire
Inflation System
o Continuous Tire
Inflation System
Component Outlook (Revenue, USD Million/Billion;
2018-2029)
o Air Delivery System
o Buffer Tank
o Compressor
o Ecu
o Housing
o Pressure Sensor
o Rotary Union
On-Highway Vehicle Outlook (Revenue, USD
Million/Billion; 2018-2029)
o Heavy Duty Vehicle
o Light Duty Vehicle
Off-Highway Vehicle Outlook (Revenue, USD
Million/Billion; 2018-2029)
o Agriculture
tractors
o Construction
Vehicle
Electric Heavy-Duty Vehicles Outlook
(Revenue, USD Million/Billion; 2018-2029)
o Plug-In Hybrid
Electric Vehicle
o Battery Electric
Vehicle
o Fuel Cell Electric
Vehicle
Regional Outlook (Revenue, USD
Million/Billion; 2018-2029)
· North America
o U.S.
o Canada
· Europe
o Germany
o U.K.
o France
o Spain
o Italy
o Rest of the Europe
· Asia Pacific
o India
o Japan
o China
o South Korea
o Australia
o Rest of
Asia-Pacific
· Middle East &
Africa
o UAE
o Saudi Arabia
o South Africa
o Rest of Middle East
& Africa
· Latin America
o Brazil
o Mexico
o Argentina
o Rest of Latin
America
Reasons to Buy the Report:
· Save and reduce
time carrying out entry-level research by identifying the growth, size, leading
players and segments in the global Automatic tire inflation system Market
· Highlights key
business priorities in order to guide the companies to reform their business
strategies and establish themselves in the wide geography.
· The key findings
and recommendations highlight crucial progressive industry trends in the Automatic
tire inflation system Market, thereby allowing players to develop effective long-term
strategies in order to garner their market revenue.
· Develop/modify business
expansion plans by using substantial growth offering developed and emerging
markets.
· Scrutinize in-depth
global market trends and outlook coupled with the factors driving the market,
as well as those restraining the growth at a certain extent.
· Enhance the
decision-making process by understanding the strategies that underpin
commercial interest with respect to products, segmentation and industry
verticals.
Chapter 1. Introduction |
|
1.1. Market Definition |
|
1.2. Research Scope |
|
1.2.1. Markets Covered |
|
1.2.2. Years Considered for Study |
|
Chapter 2. Research Methodology |
|
2.1. Research Sources |
|
2.1.1. Primary |
|
2.1.2. Secondary |
|
2.2. Market Size Estimation |
|
Chapter 3. Executive Summary |
|
3.1. Summary Snapshot Market Size and Forecast, 2018-2029 |
|
3.2. Automatic Tire Inflation System Market Share by Type, 2021 vs
2029 (USD Million) |
|
3.3. Automatic Tire Inflation System Market Share by Component, 2021
vs 2029 (USD Million) |
|
3.4. Automatic Tire Inflation System Market Share by On-Highway
Vehicle, 2021 vs 2029 (USD Million) |
|
3.5. Automatic Tire Inflation System Market Share by Off-Highway
Vehicle, 2021 vs 2029 (USD Million) |
|
3.6. Automatic Tire Inflation System Market Share by Electric
Heavy-Duty Vehicles, 2021 vs 2029 (USD Million) |
|
3.7. Automatic Tire Inflation System Market Share by Sales Channel,
2021 vs 2029 (USD Million) |
|
3.8. Automatic Tire Inflation System Market Share by Region, 2021 vs
2029 (USD Million) |
|
Chapter 4. Key Insights |
|
Chapter 5. Automatic Tire Inflation System
Market Segmentation & Impact Analysis |
|
5.1. Automatic Tire Inflation System Market Indicators Analysis |
|
5.1.1. Market Drivers Analysis |
|
5.1.1.1. Improves
performance on different driving surfaces |
|
5.1.1.2. Increase in
demand for safety features in vehicles |
|
5.1.1.3. Increase in
fuel economy |
|
5.1.1.4. Increase in
tire and drivetrain life |
|
5.1.2. Market Restraint Analysis |
|
5.1.2.1. Increasing
demand for airless and nitrogen inflated tires |
|
5.1.3. Market Opportunity Analysis |
|
5.1.3.1. Favorable
government regulations for tire inflation |
|
5.2. Regulatory Analysis |
|
5.2.1. North America |
|
5.2.1.1. U.S. |
|
5.2.1.2. Canada |
|
5.2.2. Europe |
|
5.2.2. Asia Pacific |
|
5.2.2.1. India |
|
5.2.2.2. Japan |
|
5.2.2.3. China |
|
5.3. Technological Insights |
|
5.4. COVID-19 Impact analysis on Automatic Tire Inflation System
Market |
|
5.5. Porter’s Five Forces Analysis |
|
5.5.1. Bargaining Power of Buyers/Consumers |
|
5.5.2. Bargaining Power of Suppliers |
|
5.5.3. Threat of New Entrants |
|
5.5.4. Threat of Substitute Products |
|
5.5.5. Intensity of Competitive Rivalry |
|
5.6. Competitive Metric Space Analysis |
|
Chapter 6. Automatic Tire Inflation
System Market, By Type (Market Size and Forecast by Value - USD Million, 2018
- 2029) |
|
6.1. Automatic Tire Inflation System Market, By Type (Market Size and
Forecast by Value - USD Million, 2021 & 2029) |
|
6.1.1. Central Tire Inflation System |
|
6.1.1.1. Central Tire Inflation System Market
Estimates and Forecast, 2019-2029 (USD Million) |
|
6.1.1.2. Central Tire Inflation System Market
Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
6.1.2. Continuous Tire Inflation System |
|
6.1.2.1. Continuous
Tire Inflation System Market Estimates and Forecast, 2019-2029 (USD Million) |
|
6.1.2.2. Continuous
Tire Inflation System Market Estimates and Forecast, By Region, 2019-2029
(USD Million) |
|
Chapter 7. Automatic Tire Inflation
System Market, By Component (Market Size and Forecast by Value - USD Million,
2018 - 2029) |
|
7.1. Automatic Tire Inflation System Market, By Component (Market Size
and Forecast by Value - USD Million, 2021 & 2029) |
|
7.1.1. Air Delivery System |
|
7.1.1.1. Air Delivery System Market Estimates and
Forecast, 2019-2029 (USD Million) |
|
7.1.1.2. Air Delivery System Market Estimates and
Forecast, By Region, 2019-2029 (USD Million) |
|
7.1.2. Buffer Tank |
|
7.1.2.1. Buffer Tank Market Estimates and Forecast,
2019-2029 (USD Million) |
|
7.1.2.2. Buffer Tank Market Estimates and Forecast,
By Region, 2019-2029 (USD Million) |
|
7.1.3. Compressor |
|
7.1.3.1. Compressor
Market Estimates and Forecast, 2019-2029 (USD Million) |
|
7.1.3.2. Compressor
Market Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
7.1.4. Ecu |
|
7.1.4.1. Ecu Market
Estimates and Forecast, 2019-2029 (USD Million) |
|
7.1.4.2. Ecu Market
Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
7.1.5. Housing |
|
7.1.5.1. Housing
Market Estimates and Forecast, 2019-2029 (USD Million) |
|
7.1.5.2. Housing
Market Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
7.1.6. Pressure Sensor |
|
7.1.6.1. Pressure
Sensor Market Estimates and Forecast, 2019-2029 (USD Million) |
|
7.1.6.2. Pressure
Sensor Market Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
7.1.7. Rotary Union |
|
7.1.7.1. Rotary
Union Market Estimates and Forecast, 2019-2029 (USD Million) |
|
7.1.7.2. Rotary
Union Market Estimates and Forecast, By Region, 2019-2029 (USD Million) |
|
|