Automatic Tire Inflation System Market

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 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)

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

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

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·       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.