Automatic Tire Inflation Market By Service (Navigation, Operational Data, Remote Diagnostics, Multimedia Streaming, Social Media, OTA updates, On-road assistance, E-call & Sos Assistance, Cybersecurity, Remote Operation, Collision Warning and Others), Hardware (Head Unit, Central Gateway, Intelligent Antenna, Electronic Control Unit, Telematic Control Unit, Keyless Entry System, Sensors), Transponder (Onboard Unit, Roadside Unit), Network (Operational Data, Dedicated Short Range Communication, Cellular) Form (Embedded, Tethered, Integrated), End-Market (Original Equipment Manufacturer (OEM), Aftermarket) Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
Market Overview
The global automatic tire inflation market is anticipated to reach USD 1.2 billion by 2020 growing at a CAGR of 8.1% during the forecasting period, 2020-2028. An automatic tire inflation system is the system that is used for maintaining the proper tire pressure and preventing tire failure. These help in improving the performance and the main aim is for decreasing tire wear and improving the fuel economy. Factors such as rise in fuel economy and rise in safety concerns over vehicles are some of the major factors for the automatic tire inflation market.
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Key Findings
The global automatic tire inflation system market is segmented into type, component, vehicle, and geography.
The type segment is segmented into Central Tire Inflation System, Continuous Tire Inflation System.
The component segment is segmented into Air Delivery System, Buffer Tank, Compressor, ECU, Housing, Pressure Sensor, and Rotary Union.
The vehicles segment is segmented into On-Highway Vehicle, Off-Highway Vehicle, and Electric Vehicle. On-Highway Vehicle is further segmented into Passenger Car, Commercial Vehicle, Off-Highway Vehicle is further segmented into Agricultural Vehicles, Construction Vehicles. Electric Vehicles is further segmented into Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle, Fuel Cell Electric Vehicle).
Geographically, the global automatic tire inflation system market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
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Regional Analysis
Europe region is the largest contributor to the augmented intelligence market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028.
Competitive Landscape
Key players in the global automatic tire inflation market are Wabco, Enpro Industries, Michelin, Goodyear, Dana Incorporated, SAF-Holland, IDEX Corporation, The Boler Company, Airgo Systems, Aperia Technologies, Haltec Corporation, TI Systems, Pressure Systems International, Opladen LLC, Trans Technologies Company, Servitech Industries, Vigia, VELOCITY, Tibus Offroad, Nexter System, Teleflow, Raytech Group, Bigfoot Equipment, Air CTI among others.
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Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In 2019, WABCO has announced to be acquired by the ZF Friedrichshafen which would help both companies to combine their product portfolios which consist of components for vehicle safety and efficiency and serve the OEMs &fleets in the automotive and commercial vehicle industry.
- In 2019, SAF-Holland has acquired a major stake in PressureGuard which is engaged in distributing automatic tire pressure management solutions.
Hence, tremendous progress has been made over the last decade and yet a lot more to come in recent years.
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Global Automatic Tire Inflation System Market research report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automatic-tire-inflation-system-2021-112Segment by Type:TractorsTrucksTrailersOthersSegment by Application:MilitaryCommercialAgricultureBy Company:PSIDana LimitedHendrickson (Boler Company)Nexter Group (KNDS Group)STEMCO (EnPro Industries)Tire Pressure Control InternationalAperia TechnologiesPressure GuardPTG (Michelin)TELEFLOW (Michelin)Production by Region:North AmericaEuropeChinaJapanSouth KoreaIndiaConsumption by Region:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.E Get the Complete Report & TOC @ https://www.grandresearchstore.com/automotive-and-transportation/global-automatic-tire-inflation-system-2021-112Table of content1 Automatic Tire Inflation System Market Overview1.1 Product Overview and Scope of Automatic Tire Inflation System1.2 Automatic Tire Inflation System Segment by Type1.2.1 Global Automatic Tire Inflation System Market Size Growth Rate Analysis by Type 2021 VS 20271.2.2 Tractors1.2.3 Trucks1.2.4 Trailers1.2.5 Others1.3 Automatic Tire Inflation System Segment by Application1.3.1 Global Automatic Tire Inflation System Consumption Comparison by Application: 2016 VS 2021 VS 20271.3.2 Military1.3.3 Commercial1.3.4 Agriculture1.4 Global Market Growth Prospects1.4.1 Global Automatic Tire Inflation System Revenue Estimates and Forecasts (2016-2027)1.4.2 Global Automatic Tire Inflation System Production Estimates and Forecasts (2016-2027)1.5 Global Automatic Tire Inflation System Market by Region1.5.1 Global Automatic Tire Inflation System Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 20271.5.2 North America Automatic Tire Inflation System Estimates and Forecasts (2016-2027)1.5.3 Europe Automatic Tire Inflation System Estimates and Forecasts (2016-2027)1.5.5 China Automatic Tire Inflation System Estimates and Forecasts (2016-2027)1.5.5 Japan Automatic Tire Inflation System Estimates and Forecasts (2016-2027)1.5.6 South Korea Automatic Tire Inflation System Estimates and ForIf You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-automatic-tire-inflation-system-2021-112CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
In-depth analysis of Automatic Tire Inflation System Market 2020The Report Titled “Automatic Tire Inflation System Market Report 2020, Competitive Landscape, Trends, and Opportunities” offers an in-depth assessment of the market by looking at the Market Growth, Drivers, Challenges, Opportunities, and Trends for the market to help the readers understand the overall scenario of the Automatic Tire Inflation System industry.
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The estimations derived in this report are deduced by employing precise analytical tools, research methodologies, estimates, and reliable data sources.
The information offered in the report makes it an exhaustive database for all facets of the market categorized into product types, applications, end-user industries, prominent manufacturers, technology, and regional markets.This report covers the recent COVID-19 incidence and its impact on Automatic Tire Inflation System.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
To Get a Free PDF for Accurate Technical Insights, visit @ https://www.reportsanddata.com/sample-enquiry-form/3542 The Automatic Tire Inflation System market intelligence study includes a separate section dedicated to crucial parameters like the pricing structure of vital feedstock and value chain analysis, along with the study of major suppliers of the raw materials.
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By keeping in mind the end user’s point of view, a team of researchers, forecasters, analysts and industry experts work in-depth to formulate this Global Automatic Tire Inflation System Market research report.
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The important parts of the inflation systems are portable compressor, solenoid valves, pressure sensors, rotatory joints, pressure switch and car battery 12V.
By 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 (Passenger Car, Commercial Vehicle), Off-Highway Vehicle (Agricultural Vehicles, Construction Vehicles), Electric Vehicles (Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle, Fuel Cell Electric Vehicle), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) FACTORS DRIVING GROWTH IN AUTOMOTIVE TIRE INFLATION MARKET Increase demand for the safety of the vehicle According World Health Organization report on Global road safety 2015, Libya has the highest rate of death 73.4 deaths per 100,000 people every year.
Of all road traffic deaths, 90% occur in developing countries, despite them having just 54% of the world’s vehicles.
