Automatic Tire Inflation System Market Analysis to 2025 by Leading Players PressureGuard, Haltec Corporation, Aperia Technologies, Inc., Continental AG, Pressure Control, Meritor, Inc., and Hendriksson USA, LLC

According to a new market research study titled ‘Automatic Tire Inflation System Market to 2025 – Global Analysis and Forecasts by Vehicle Type & Distribution Channel, the global market accounted to US$ 988.6 Mn in 2017 and is also estimated to reach US$ 2,029.9 Mn by 2025. The report highlights the trends prevalent in the global automatic tire inflation system market and the factors driving the market along with those that act as deterrents to its growth.

Heavy Duty Vehicle Sub-segment is anticipated to Witness Incremental Value during the forecast period creating more opportunities for the manufacturers in the automatic tire inflation system market which is forecasted to grow at a CAGR of 9.7%

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Top Dominating Key Players:

- PressureGuard
- Haltec Corporation
- Aperia Technologies, Inc.
- Continental AG
- Dana Limited
- Michelin
- STEMCO Products Inc.
- Tire Pressure Control
- Meritor, Inc.
- Hendriksson USA, LLC

The heavy duty vehicle type market is continuously evolving with the introduction of new and innovative products and technologies. There is a surge in automatic tire inflation system demand among heavy duty vehicle type segment. This system provides improved monitoring and controlling of tire pressure of heavy duty vehicles, thereby helping the drivers and owners to lower the maintenance cost. The market is observing proliferation in the adoption of automatic tire inflation system among heavy duty vehicle types owing to increasing focus towards enhancing tire lifespans and fuel efficiencies of heavy duty vehicles. Although, utility vehicle type sub-segment is projected to represent fastest growth rate, but the heavy duty vehicle type sub-segment due to significant adoption and high market share is expected to create highest revenue opportunity over the forecast period.

The automatic tire inflation system market segmentation is done on the basis of vehicle type, and distribution channel. The automatic tire inflation system market has been segmented on the basis of vehicle type into utility vehicles, tractors and heavy duty vehicles. Also, the distribution channel segment for the automatic tire inflation system market has been bifurcated into OEM and aftermarket. On the basis of geography, the automatic tire inflation system market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

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.

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The report segments the global Automatic Tire Inflation System market as follows:

Global Automatic Tire Inflation System Market – By Vehicle Type
- Utility Vehicles
- Tractors
- Heavy Duty Vehicles

Global Automatic Tire Inflation System Market – By Distribution Channel
- OEM
- Aftermarket

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