Automatic Tire Inflation System Market by Type (Central & Continuous), Component (ECU, Compressor, & Pressure Sensor), On-Highway Vehicle (PC & CV), Off-Highway Vehicle (Agriculture & Construction), and Region - Global Forecast to 2025

  • ID: 4662769
  • Report
  • Region: Global
  • 129 Pages
  • Markets and Markets
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The Automatic Tire Inflation System Market is estimated to be USD 891.6 Million in 2018 and is projected to reach USD 1,606.8 Million by 2025, at a CAGR Of 8.78%.

FEATURED COMPANIES

  • AIR CTI
  • Bigfoot Equipment
  • Goodyear
  • Michelin
  • Raytech Group
  • Teleflow
  • MORE

“Increasing tire life, improving fuel economy, and enhancing safety are set to drive automatic tire inflation system market”

The automatic tire inflation system market is estimated to be USD 891.6 million in 2018 and is projected to reach USD 1,606.8 million by 2025, at a CAGR of 8.78%. The market is principally driven by the benefits such as increased tire life, improved fuel economy, and enhanced safety. Governments in various countries are focusing on tire inflation regulations. In 2016, the US government focused on mandating automatic tire inflation systems in trucks. Environment protection boards in various countries are also focusing on tire inflation regulations. Since September 1, 2010, the California Environmental Protection Agency mandated the automotive service providers to inflate tires at a required air pressure during automotive maintenance or repair services. Hence, government regulations pertaining to tire inflation will play a major role in the automatic tire inflation system market in the coming years.

“ECU to hold the largest share of the automatic tire inflation system market, by component”

The ECU, which is a major component of the automatic tire inflation, is estimated to be the largest market, in terms of value. It is used to control the pressure sensor in the automatic tire inflation system. It guides the pressure sensor to detect the amount of air needed to inflate the tires. The price of the ECU is higher than any other component in the automatic tire inflation system. ECU manufacturers are now focusing on economies of scale for reducing the price. Reducing price will help drive the automatic tire inflation system market.

“Agriculture Vehicles: The largest market in the automatic tire inflation system market, by off-highway vehicles”

Agriculture vehicle is estimated to be the largest market, in terms of value. Agriculture vehicles such as tractors and harvesters require low tire pressure for better operation and high fuel efficiency. When tire pressure reduces, the footprint of the tire becomes broader, and the load gets circulated over a larger area. Load circulation helps decrease the motion resistance in soft soils. As the tire pressure reduces, the fuel efficiency and performance of the tires improve. The automatic tire inflation system automatically lowers the tire pressure of agriculture vehicles, which results in better fuel efficiency and high performance. Hence, these factors will drive the automatic tire inflation system market for agriculture vehicle.

“Rest of the World: The fastest growing region in the automatic tire inflation system market”

The RoW market is projected to grow at the highest CAGR during the forecast period. Increasing demand for vehicle safety and increased tire life will drive the automatic tire inflation system market. The demand for increasing productivity of vehicle and reducing vehicle downtime create an opportunity for manufacturers to up the demand for automatic tire inflation systems.

The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:  

  • By Company Type– Tier 1- 45%, Tier 2- 35% Tier 3 - 20%
  • By Designation— C level - 35%, D level - 25%, Others - 40%
  • By Region— North America - 40%, Europe - 30%, Asia Pacific - 25%, RoW – 5%

Major players profiled in the report are:

  • WABCO (Belgium)
  • EnPro Industries (US)
  • Michelin (France)
  • Goodyear (US)
  • Dana Incorporated (US)
  • SAF-HOLLAND (Luxembourg)
  • IDEX Corporation (US)
  • The Boler Company (US)

Research Coverage:
The report segments the automatic tire inflation system market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America and RoW), type, on-highway vehicle, off-highway vehicle, and component.

The report provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the automatic tire inflation system market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.   

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall automatic tire inflation system market and its sub segments. This report will help stakeholders understand the competitor landscape better and gain insights to position their businesses better and make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AIR CTI
  • Bigfoot Equipment
  • Goodyear
  • Michelin
  • Raytech Group
  • Teleflow
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.1.2 Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Sampling Techniques & Data Collection Methods
2.1.2.2 Primary Participants
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Automatic Tire Inflation System Market
4.2 Market, By Region, 2018–2025
4.3 Market, By Type, 2018–2025
4.4 Market, By Component, 2018–2025
4.5 Market, By On-Highway Vehicle, 2018–2025
4.6 Market, By Off-Highway Vehicle, 2018–2025

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Fuel Economy
5.2.1.2 Increasing Tire and Drivetrain Life
5.2.1.3 Growing Safety Concerns Over Vehicles
5.2.2 Restraints
5.2.2.1 Increasing Demand for Tubeless and Nitrogen Tires
5.2.3 Opportunities
5.2.3.1 Favorable Government Regulations for Tire Inflation
5.2.3.2 Demand for Increasing Productivity of Vehicle and Reducing Vehicle Downtime
5.2.4 Challenges
5.2.4.1 High Cost of Automatic Tire Inflation System
5.2.4.2 Low Market Awareness and Acceptance Due to High Initial Cost

6 Automatic Tire Inflation System Market, By Type
6.1 Introduction
6.2 Central Tire Inflation System
6.2.1 North America is Estimated to Be the Largest Region in Market
6.3 Continuous Tire Inflation System
6.3.1 RoW is the Fastest Growing Region in Market

7 Automatic Tire Inflation System Market, By Component
7.1 Introduction
7.2 Air Delivery System
7.2.1 North America is Estimated to Be the Largest Market in Air Delivery System Market
7.3 Buffer Tank
7.3.1 Demand for Vehicle Safety to Drive the Buffer Tank Market
7.4 Compressor
7.4.1 Compressor Primarily Used to Increase the Air Pressure in the Automatic Tire Inflation System
7.5 ECU
7.5.1 ECU is Estimated to Be the Largest Market in Automatic Tire Inflation System Market
7.6 Housing
7.6.1 RoW is the Fastest Growing Region in Housing Market
7.7 Pressure Sensor
7.7.1 Pressure Sensor Plays the Primary Role in Identifying Exact Tire Pressure
7.8 Rotary Union
7.8.1 North America is Estimated to Be the Largest Market in Rotary Union Segment

8 Automatic Tire Inflation Market, By On-Highway Vehicle
8.1 Introduction
8.2 Passenger Car
8.2.1 Increasing Demand for Vehicle Safety Drive the Pc Market in Near Future
8.3 Commercial Vehicle
8.3.1 Increasing Government Concerns in North America Over Road Safety is the Key Driver

9 Automatic Tire Inflation System Market, By Off-Highway Vehicle
9.1 Introduction
9.2 Agriculture Vehicles
9.2.1 Agriculture Vehicles Estimated to Be the Largest Market in Off-Highway Vehicle Segment
9.3 Construction Vehicle
9.3.1 Increasing Tire Life, Fuel Efficiency, and Performance Helps to Grow Construction Vehicles Market

10 Automatic Tire Inflation System Market, By Electric Vehicle
10.1 Introduction
10.2 Hybrid Electric Vehicle
10.2.1 Growing Demand for Vehicle Safety Drive the Market for Hybrid Electric Vehicle
10.3 Plug-In Hybrid Electric Vehicle
10.3.1 Increased Tire Life Drives the Market for Plug-In Hybrid Electric Vehicle
10.4 Battery Electric Vehicle
10.4.1 Growing Demand for Vehicle Performance Drives the Market for Battery Electric Vehicle
10.5 Fuel Cell Electric Vehicle
10.5.1 Reducing Tire Wear Gives an Opportunity to Grow Market for Fuel Cell Electric Vehicle

11 Automatic Tire Inflation System Market, By Region
11.1 Introduction
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Central Tire Inflation System Estimated to Be the Largest Segment in China
11.2.2 India
11.2.2.1 Growing Demand for Vehicle Safety Provides Immense Opportunity to Grow Indian Market
11.2.3 Japan
11.2.3.1 Japan Accounted for the Largest Share in Asia Pacific Automatic Tire Inflation System Market
11.2.4 South Korea
11.2.4.1 Central Tire Inflation System is Estimated to Be the Largest and Fastest Growing Market By Value and Volume
11.2.5 Thailand
11.2.5.1 Growing Demand for Vehicle Safety Drives the Market for Thailand
11.2.6 Rest of Asia Pacific
11.2.6.1 Benefits Like Increased Tire Life Drives Rest of Asia Pacific Market
11.3 Europe
11.3.1 France
11.3.1.1 Growing Government Focus on Installation of Automatic Tire Inflation System Will Boost the France Market
11.3.2 Germany
11.3.2.1 Germany Accounted for the Largest Share in Europe Market
11.3.3 Russia
11.3.3.1 Benefits Such as Reduced Tire Wear Will Boost the Russia Market
11.3.4 Spain
11.3.4.1 Central Tire Inflation System is Estimated to Be the Largest and Fastest Growing Market By Value and Volume
11.3.5 Turkey
11.3.5.1 Turkey is Estimated to Be the Fastest Growing Market in Europe
11.3.6 UK
11.3.6.1 Increased Tire Life and Performance Benefits Gives an Opportunity to Grow Automatic Tire Inflation System Market
11.3.7 Rest of Europe
11.3.7.1 Reducing Tire Wear Provides Opportunity to Grow Rest of Europe Market for Automatic Tire Inflation System
11.4 North America
11.4.1 Canada
11.4.1.1 Growing Demand for Vehicle Safety Drives the Canada Market for Automatic Tire Inflation System
11.4.2 Mexico
11.4.2.1 Reducing Tire Wear & Tear Provides Opportunity to Grow Mexican Market for Automatic Tire Inflation System
11.4.3 US
11.4.3.1 US Accounted for the Largest Share in North America Market
11.5 RoW
11.5.1 Brazil
11.5.1.1 Brazil Accounted for the Largest Share in RoW Market
11.5.2 Iran
11.5.2.1 Central Tire Inflation System Accounted for the Largest Share in Iran Market

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Situation & Trends
12.3.1 Product Developments
12.3.2 Mergers & Acquisitions

13 Company Profiles
(Overview, Product Offerings, Recent Developments & SWOT Analysis)*
13.1 Key Players
13.1.1 WABCO
13.1.2 EnPro Industries
13.1.3 Michelin
13.1.4 Goodyear
13.1.5 Dana Incorporated
13.1.6 SAF-HOLLAND
13.1.7 IDEX Corporation
13.1.8 The Boler Company
13.1.9 Airgo Systems
13.1.10 Aperia Technologies
13.1.11 Haltec Corporation
13.1.12 Ti Systems
13.2 Key Players From Other Regions
13.2.1 North America
13.2.1.1 Pressure Systems International
13.2.1.2 Opladen LLC
13.2.1.3 Trans Technologies Company
13.2.1.4 Servitech Industries
13.2.1.5 Vigia
13.2.1.6 Velocity
13.2.2 Europe
13.2.2.1 Tibus Offroad
13.2.2.2 Nexter System
13.2.2.3 Teleflow
13.2.2.4 Raytech Group
13.2.3 Rest of the World (RoW)
13.2.3.1 Bigfoot Equipment
13.2.3.2 AIR CTI

*Details on Overview, Product Offerings, Recent Developments & SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Key Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Available Customizations
14.4.1 Detailed Analysis and Profiling of Additional Countries (Up to 3)
14.4.2 Profiling of Additional Market Players (Up to 3)
14.4.3 Competitive Leadership Mapping (Micro-Quadrant)
14.4.4 Country Level Analysis of 1-2 Segments
14.5 Related Reports
14.6 Author Details

List of Tables
Table 1 Impact of Market Dynamics
Table 2 Automatic Tire Inflation System Market, By Type, 2016–2025 ('000 Units)
Table 3 Market, By Type, 2016–2025 (USD Million)
Table 4 Central Tire Inflation System Market, By Region, 2016–2025 ('000 Units)
Table 5 Central Tire Inflation System Market, By Region, 2016–2025 (USD Million)
Table 6 Continuous Tire Inflation System Market, By Region, 2016–2025 ('000 Units)
Table 7 Continuous Tire Inflation System Market, By Region, 2016–2025 (USD Million)
Table 8 Automatic Tire Inflation System Market, By Component, 2016–2025 (USD Million)
Table 9 Air Delivery System: Market, By Region, 2016–2025 (USD Million)
Table 10 Buffer Tank: Market, By Region, 2016–2025 (USD Million)
Table 11 Compressor: Market, By Region, 2016–2025 (USD Million)
Table 12 ECU: Market, By Region, 2016–2025 (USD Million)
Table 13 Housing: Market, By Region, 2016–2025 (USD Million)
Table 14 Pressure Sensor: Market, By Region, 2016–2025 (USD Million)
Table 15 Rotary Union: Market, By Region, 2016–2025 (USD Million)
Table 16 Market, By On-Highway Vehicle, 2016–2025 ('000 Units)
Table 17 Automatic Tire Inflation System Market, By On-Highway Vehicle, 2016–2025 (USD Million)
Table 18 Passenger Car: Market, By Region, 2016–2025 ('000 Units)
Table 19 Passenger Car: Market, By Region, 2016–2025 (USD Million)
Table 20 Commercial Vehicle: Market, By Region, 2016–2025 ('000 Units)
Table 21 Commercial Vehicle: Market, By Region, 2016–2025 (USD Million)
Table 22 Market, By Off-Highway Vehicle, 2016–2025 ('000 Units)
Table 23 Automatic Tire Inflation System Market, By Off-Highway Vehicle, 2016–2025 (USD Million)
Table 24 Agriculture Vehicles: Market, By Region, 2016–2025 ('000 Units)
Table 25 Agriculture Vehicles: Market, By Region, 2016–2025 (USD Million)
Table 26 Construction Vehicles: Market, By Region, 2016–2025 ('000 Units)
Table 27 Construction Vehicles: Market, By Region, 2016–2025 (USD Million)
Table 28 Global Market, By Region, 2016–2025 (000’ Units)
Table 29 Global Market, By Region, 2016–2025 (USD Million)
Table 30 Asia Pacific: Market, By Country, 2016–2025 (‘000 Units)
Table 31 Asia Pacific: Market, By Country, 2016–2025 (USD Million)
Table 32 China: Market, By Type, 2016–2025 (‘000 Units)
Table 33 China: Market, By Type, 2016–2025 (USD Million)
Table 34 India: Market, By Type, 2016–2025 (‘000 Units)
Table 35 India: Market, By Type, 2016–2025 (USD Million)
Table 36 Japan: Market, By Type, 2016–2025 (‘000 Units)
Table 37 Japan: Market, By Type, 2016–2025 (USD Million)
Table 38 South Korea: Market, By Type, 2016–2025 (‘000 Units)
Table 39 South Korea: Market, By Type, 2016–2025 (USD Million)
Table 40 Thailand: Market, By Type, 2016–2025 (‘000 Units)
Table 41 Thailand: Market, By Type, 2016–2025 (USD Million)
Table 42 Rest of Asia Pacific: Market, By Type, 2016–2025 (‘000 Units)
Table 43 Rest of Asia Pacific: Market, By System, 2016–2025 (USD Million)
Table 44 Europe: Market, By Country, 2016–2025 (‘000 Units)
Table 45 Europe: Market, By Country, 2016–2025 (USD Million)
Table 46 France: Market, By Type, 2016–2025 (‘000 Units)
Table 47 France: Market, By Type, 2016–2025 (USD Million)
Table 48 Germany: Market, By Type, 2016–2025 (‘000 Units)
Table 49 Germany: Market, By Type, 2016–2025 (USD Million)
Table 50 Russia: Market, By Type, 2016–2025 (‘000 Units)
Table 51 Russia: Market, By Type, 2016–2025 (USD Million)
Table 52 Spain: Market, By Type, 2016–2025 (‘000 Units)
Table 53 Spain: Automatic Tire Inflation System Market, By Type, 2016–2025 (USD Million)
Table 54 Turkey: Market, By Type, 2016–2025 (‘000 Units)
Table 55 Turkey: Market, By Type, 2016–2025 (USD Million)
Table 56 UK: Market, By Type, 2016–2025 (‘000 Units)
Table 57 UK: Market, By Type, 2016–2025 (USD Million)
Table 58 Rest of Europe: Market, By Type, 2016–2025 (‘000 Units)
Table 59 Rest of Europe: Market, By Type, 2016–2025 (USD Million)
Table 60 North America: Market, By Country, 2016–2025 (‘000 Units)
Table 61 North America: Market, By Country, 2016–2025 (USD Million)
Table 62 Canada: Market, By Type, 2016–2025 (‘000 Units)
Table 63 Canada: Market, By Type, 2016–2025 (USD Million)
Table 64 Mexico: Market, By Type, 2016–2025 (‘000 Units)
Table 65 Mexico: Market, By Type, 2016–2025 (USD Million)
Table 66 US: Market, By Type, 2016–2025 (‘000 Units)
Table 67 US: Market, By Type, 2016–2025 (USD Million)
Table 68 RoW: Market, By Country, 2016–2025 (‘000 Units)
Table 69 RoW: Market, By Country, 2016–2025 (USD Million)
Table 70 Brazil: Market, By Type, 2016–2025 (‘000 Units)
Table 71 Brazil: Market, By Type, 2016–2025 (USD Million)
Table 72 Iran: Market, By Type, 2016–2025 (‘000 Units)
Table 73 Iran: Automatic Tire Inflation System Market, By System, 2016–2025 (USD Million)
Table 74 New Product Developments (2014–2018)
Table 75 Mergers & Acquisitions (2014–2017)

List of Figures 
Figure 1 Automotive Tire Inflation System Market Segmentation
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Automatic Tire Inflation System Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market: Market Dynamics
Figure 7 Market, By Region, 2018 vs 2025 (USD Million)
Figure 8 Market, By Type, 2018 vs 2025 (USD Million)
Figure 9 Growing Concerns Over Vehicle Safety is Expected to Drive the Market, 2018–2025
Figure 10 North America is Estimated to Be the Largest Market for Automatic Tire Inflation System
Figure 11 Central Tire Inflation System is Estimated to Be the Largest Segment of the Market
Figure 12 ECU is Estimated to Be the Largest Segment of the Market
Figure 13 Commercial Vehicle is Estimated to Be the Largest Segment of the Automatic Tire Inflation System Market
Figure 14 Agriculture Vehicle is Estimated to Be the Largest Segment of the Market
Figure 15 Automatic Tire Inflation Market: Market Dynamics
Figure 16 Road Infrastructure Investment for Key Countries (USD Billion)
Figure 17 Market, By Type, 2018 vs 2025 (‘000 Units)
Figure 18 Automatic Tire Inflation Market, By Component, 2018 vs 2025 (USD Million)
Figure 19 Market, By On-Highway Vehicle, 2018 vs 2025 (USD Million)
Figure 20 Market, By Off-Highway Vehicle, 2018 vs 2025 (USD Million)
Figure 21 Market, By Region, 2018 vs 2025 (USD Million)
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Europe: Market Snapshot
Figure 24 North America: Market Snapshot
Figure 25 Key Developments By Leading Players in the Market, 2014–2018
Figure 26 Automatic Tire Inflation System Market Ranking: 2017
Figure 27 WABCO: Company Snapshot
Figure 28 WABCO: SWOT Analysis
Figure 29 EnPro Industries: Company Snapshot
Figure 30 EnPro Industries: SWOT Analysis
Figure 31 Michelin: Company Snapshot
Figure 32 Michelin: SWOT Analysis
Figure 33 Goodyear: Company Snapshot
Figure 34 Goodyear: SWOT Analysis
Figure 35 Dana Incorporated: Company Snapshot
Figure 36 Dana Incorporated: SWOT Analysis
Figure 37 SAF-HOLLAND: Company Snapshot
Figure 38 IDEX Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • AIR CTI
  • Airgo Systems
  • Aperia Technologies
  • Bigfoot Equipment
  • Dana Incorporated
  • EnPro Industries
  • Goodyear
  • Haltec Corporation
  • IDEX Corporation
  • Michelin
  • Nexter System
  • Opladen LLC
  • Pressure Systems International
  • Raytech Group
  • SAF-HOLLAND
  • Servitech Industries
  • Teleflow
  • The Boler Company
  • Ti Systems
  • Tibus Offroad
  • Trans Technologies Company
  • Velocity
  • Vigia
  • WABCO
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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