Automated Tire Inflation System Market Size to Hit USD 107.23 million by 2029 | Current Trends and Industry Analysis

The global automated tire inflation system market is projected to reach USD 107.23 million by 2029 from USD 38.36 million in 2020, at a CAGR of 12.1% from 2022 to 2029.

Exactitude Consultancy research's "Automated Tire Inflation System Market Forecast" study report focuses at sales and the overall global market for Automated Tire Inflation System in 2022. The sales forecast for Automated Tire Inflation System by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automated Tire Inflation System market, with sales of Automated Tire Inflation System broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Automated Tire Inflation System Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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An automated tire inflation system is a particularly developed safety system that monitors tire air pressure and inflates the tire when it is low, while simultaneously releasing excess air pressure from the vehicle tire while the vehicle is in motion. The technology inflates or deflates the vehicle's tire by drawing air from the surrounding environment using a self-contained pump. It is required for optimal vehicle performance on the road. An automatic tire inflation system is made up of several sensors and related electronics that work together to boost safety and efficiency through optimal tire pressure.

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automated Tire Inflation System market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Major companies in Automated Tire Inflation System Market are:

IDEX Corporation, SAF-HOLLAND, Dana Incorporated, Goodyear, Michelin, EnPro Industries, WABCO, The Boler Company, Airgo Systems, and Haltec Corporation

Recent Developments:

In Feb 2022, Tesla patented the new on-the-go tire inflation system catering to both passenger cars and commercial vehicles. This system is expected to be compatible with the upcoming semi-truck as well.

In April 2023, BFGoodrich Tires has recently introduced a new tire-inflation system, ActivAir, which allows off-roaders to change their tire pressure without leaving the driver's seat.

In March 2023, SAF-HOLLAND SE completed its acquisition of Haldex AB in Sweden and now owns 100% of the firm. Haldex manufactures braking systems and air suspension solutions that improve commercial vehicle safety, performance, and longevity.

Automated Tire Inflation System Market Segmentation:

Automated Tire Inflation System Market by Type, 2020-2029, (USD Million)

Central Tire Inflation System

Continuous Tire Inflation System

Automated Tire Inflation System Market by Component, 2020-2029, (USD Million)

Rotary Union, Compressor

Pressure Sensor

Housing

Air Delivery System

ECU, Buffer Tank

Automated Tire Inflation System Market by Vehicle, 2020-2029, (USD Million)

On-Highway Vehicle

Off-Highway Vehicle

Electric Vehicle

Automated Tire Inflation System Market by Regions, 2020-2029, (USD Million)

North America

Europe

Asia Pacific

South America

Middle East And Africa

Important Countries in All Regions Are Covered.

Our market analysts are professionals at carefully categorizing the global Automated Tire Inflation System market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automated Tire Inflation System market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Automated Tire Inflation System Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automated Tire Inflation System market
Chapter 2: Exclusive Summary - the basic information of the Automated Tire Inflation System Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automated Tire Inflation System
Chapter 4: Presenting the Automated Tire Inflation System Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automated Tire Inflation System market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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