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Automatic Tire Inflation System Market Outlook to 2025 - PressureGuard, Haltec Corporation, Aperia Technologies Inc., Continental AG, Dana Limited, Michelin, STEMCO Products Inc., Tire Pressure Control, Meritor Inc., Hendriksson USA LLC

08-13-2018 12:13 PM CET | Logistics & Transport

Press release from: The Insight Partners

Global Automatic Tire Inflation System Market to grow at a CAGR of 9.7% and account for US$ 2,029.9 Million by 2025

Global Automatic Tire Inflation System Market to grow at a CAGR of 9.7% and account for US$ 2,029.9 Million by 2025

The global automatic tire inflation system market is estimated to grow at a CAGR of 9.7% during the forecast period 2018 – 2025 and account for US$ 2,029.9 Mn by the year 2025. Geographically the automatic tire inflation system market is presently dominated by developed regions including North America and Europe. Higher sales of heavy-duty commercial vehicles as well as owing to a booming construction sector, transportation sector, and the mining sector globally would demand higher integrations of ATIS into these systems. This growth coupled with the imposed regulations by the regulatory authorities across the globe and environmental agencies is anticipated to impact in unison for growing ATIS integrations at the automotive OEM end.

An exclusive Automatic Tire Inflation System market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Automatic Tire Inflation System Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Automatic Tire Inflation System market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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Leading Automatic Tire Inflation System Market Players:

1. PressureGuard
2. Haltec Corporation
3. Aperia Technologies, Inc.
4. Continental AG
5. Dana Limited
6. Michelin
7. STEMCO Products Inc.
8. Tire Pressure Control
9. Meritor, Inc.
10. Hendriksson USA, LLC

Worldwide Automatic Tire Inflation System Market Analysis to 2025 is a specialized and in-depth study of the Automatic Tire Inflation System industry with a focus on the global market trend. The report aims to provide an overview of global Automatic Tire Inflation System market with detailed market segmentation by product/application and geography. The global Automatic Tire Inflation System market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Automatic Tire Inflation System players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automatic Tire Inflation System market based on product and application. It also provides market size and forecast till 2025 for overall Automatic Tire Inflation System market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key Automatic Tire Inflation System market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Reason to Buy:
1. 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
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. 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.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Key questions answered in this Research Study:
1. What will the market size and the growth rate be in 2025?
2. What are the key factors driving the Global Automatic Tire Inflation System Market?
3. What are the key market trends impacting the growth of the Global Automatic Tire Inflation System Market?
4. What are the challenges to market growth?
5. Who are the key players in the Global Automatic Tire Inflation System Market?
6. What are the market opportunities and threats faced by the prominant palyers in the Global Automatic Tire Inflation System Market?
7. What are the trending factors influencing the Global Automatic Tire Inflation System Market shares of the North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA)?
8. What are the key outcomes of the SWOT analysis and PEST analysis of the Global Automatic Tire Inflation System Market?

A system that enables consistent monitoring of the air pressure in the tires and the subsequent action of inflating or deflating the tire as and when required depending upon the surface of the terrain is an automatic tire inflation system. The automatic tire inflation system market has witnessed high growths in the last few years owing to several advantages and regulations that make it mandatory to install, especially in the off-highway vehicles.

As per the Federal Motor Carrier Safety Administration (FMCSA), 10% longer tire life is achieved with these automatic inflation systems. Also, it has been estimated that 1.4% average improvement in fuel economy per vehicle is possible when these technologies are in use. It has been observed that a tire loses 5% of air pressure while on the run for a week and deflated tires have been a major reason causing accidents of commercial trucks and trailers while transportation application. Also, the major advantage of an ATIS is that the ROI period for these systems is very quick and is perceived to be around 10-12 months. Integration of these systems can lead to the improved fuel economy of the vehicle apart from the tire maintenance costs.

Under-inflated tires increase rolling resistance, which can not only reduce fuel economy but can also wear out tires and reduce vehicle safety through poor handling. Maintaining correct tire pressures and monitoring for uneven tire wear can help to ensure optimum vehicle performance. ATIS /CTIS offer a single solution to manage tire pressure, by automatically maintaining tire pressures within a predetermined range. These systems find major applications in off-road vehicles, commercial trucks and trailers, military vehicles, and agricultural tractors.

The installations of ATIS majorly reduces the maintenance costs on the tire, reduces downtime of the tires, reduces wear & tear of the tires, and also result in fuel savings for the vehicle owner. Using ATIS to manage tire pressure not only reduces the number of manual tire pressure checks but also allows tire pressure to efficiently correspond to a variety of road terrains. These factors would further drive the automatic tire inflation system market.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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