The global automatic tire inflation system market is experiencing an intense growth with regards to the investments, stringent regulations, trials being carried out in different off-road vehicles and deployment for future in the current scenario and is anticipated to rise in the coming years. The automatic tire inflation system market consists of a handful of well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers. Also, there are few important stakeholders in the automatic tire inflation system ecosystem that are involved in the end-to-end development of automatic tire inflation system technology and ensuring that the best service is made available for the users. Government funding for research & development, strategic partnerships between technology providers and tire manufacturers, technology providers and automotive OEMs are anticipated to enable huge surges in the automatic tire inflation system market over the forecast period. 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 to US$ 2,029.9 Mn by the year 2025.
Systems that monitor tire pressure and automatically add air when needed have been available in trucking for more than 20 years. But the use of these automatic tire inflation systems, or ATIS, has been limited because they have only been able to service the tires on trailers which is now witnessing a paradigm shift. More ATIS products are hitting the market that promise they can monitor air pressure and automatically inflate tires not only on the trailer, but also on the tractor drive and steer axles. While the benefits from these systems are quite clear, widespread adoption has not been rapid. There's been a delay in government regulations requiring these de¬vices or their cousins, tire pressure monitoring systems, or TPMS, on new trailers. And there are major challenges in engineering ATIS for tractors. TIS technology has been confined to trailers since the hoses are routed through the center of the axles and mounted on the wheel hub to supply air to tires. Using ATIS for drive tires is an elusive goal.
Differentials, gear axles and extreme temperatures all stand in the way of routing pressurized air.
In our study, we have segmented the automatic tire inflation system market by vehicle type, and distribution channel. The automatic tire inflation system market on the basis of vehicle type has been segmented into utility vehicles, tractors, and heavy duty vehicles. Furthermore, this market has been bifurcated in the basis of distribution channel into OEMs 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).
APAC is expected to be the fastest growing region for the automatic tire inflation system market. The major reason for this is the huge automotive hub in China. Further, the regulations that mandate the integration of ATIS in the heavy commercial vehicles will lead to automotive OEMs vouching and integrating these systems. As China is the largest automotive hub in the world, highest market growth as well as market share is anticipated to be exhibited in this country. The new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of automatic tire inflation systems market in the region. Geographically, North America will have the largest share in the automatic tire inflation system market by 2025, owing to rapid technological developments, numerous investments and supportive Government policies in North American countries. The leading players in the automatic tire inflation system market are Continental AG, Dana Limited, STEMCO Products Inc., Meritor, Inc., and Hendriksson USA, LLC. Also, PressureGuard, Haltec Corporation, Aperia Technologies, Inc., Michelin, and Tire Pressure Control are other few important players operating actively in the automatic tire inflation system market.
Systems that monitor tire pressure and automatically add air when needed have been available in trucking for more than 20 years. But the use of these automatic tire inflation systems, or ATIS, has been limited because they have only been able to service the tires on trailers which is now witnessing a paradigm shift. More ATIS products are hitting the market that promise they can monitor air pressure and automatically inflate tires not only on the trailer, but also on the tractor drive and steer axles. While the benefits from these systems are quite clear, widespread adoption has not been rapid. There's been a delay in government regulations requiring these de¬vices or their cousins, tire pressure monitoring systems, or TPMS, on new trailers. And there are major challenges in engineering ATIS for tractors. TIS technology has been confined to trailers since the hoses are routed through the center of the axles and mounted on the wheel hub to supply air to tires. Using ATIS for drive tires is an elusive goal.
Differentials, gear axles and extreme temperatures all stand in the way of routing pressurized air.
In our study, we have segmented the automatic tire inflation system market by vehicle type, and distribution channel. The automatic tire inflation system market on the basis of vehicle type has been segmented into utility vehicles, tractors, and heavy duty vehicles. Furthermore, this market has been bifurcated in the basis of distribution channel into OEMs 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).
APAC is expected to be the fastest growing region for the automatic tire inflation system market. The major reason for this is the huge automotive hub in China. Further, the regulations that mandate the integration of ATIS in the heavy commercial vehicles will lead to automotive OEMs vouching and integrating these systems. As China is the largest automotive hub in the world, highest market growth as well as market share is anticipated to be exhibited in this country. The new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of automatic tire inflation systems market in the region. Geographically, North America will have the largest share in the automatic tire inflation system market by 2025, owing to rapid technological developments, numerous investments and supportive Government policies in North American countries. The leading players in the automatic tire inflation system market are Continental AG, Dana Limited, STEMCO Products Inc., Meritor, Inc., and Hendriksson USA, LLC. Also, PressureGuard, Haltec Corporation, Aperia Technologies, Inc., Michelin, and Tire Pressure Control are other few important players operating actively in the automatic tire inflation system market.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance 2. Key Takeaways 3. Automatic Tire Inflation System Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Global Automatic Tire Inflation System Market - by Vehicle Type
3.2.2 Global Automatic Tire Inflation System Market - by Distribution Channel
3.2.3 Global Automatic Tire Inflation System Market - by Geography
3.3 Pest Analysis
3.3.1 North America - Pest Analysis
3.3.2 Europe - Pest Analysis
3.3.3 Asia Pacific - Pest Analysis
3.3.4 Middle East and Africa - Pest Analysis
3.3.5 South America - Pest Analysis 4. Automatic Tire Inflation System Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Favourable Government Regulation
4.1.2 Demand For Enhancing Fuel Efficiency
4.1.3 Low Initial Cost and Easy Return On Investment
4.2 Key Market Restraints
4.2.1 Lack of Awareness In the Developing Countries
4.3 Key Market Opportunities
4.3.1 Growing Oem Market For Automotive Tire Inflation Systems In Asia Pacific
4.4 Future Trends
4.4.1 Integration of Smart Electronics Is Anticipated To Garner the Adoption of Automatic Tire Inflation Systems
4.5 Impact Analysis of Drivers and Restraints 5. Automatic Tire Inflation System - Global Market Analysis
5.1 Global Automatic Tire Inflation System Market Overview
5.2 Global Automatic Tire Inflation System Market Forecast and Analysis 6. Automatic Tire Inflation Systems Market Revenue and Forecasts To 2025 - Vehicle Type
6.1 Overview
6.2 Global Automatic Tire Inflation Systems Market Breakdown, by Vehicle Type, 2017 & 2025
6.3 Heavy Duty Vehicle Market
6.3.1 Overview
6.3.2 Heavy Duty Vehicle Market Forecasts and Analysis
6.4 Utility Vehicle Market
6.4.1 Overview
6.4.2 Utility Vehicle Market Forecasts and Analysis
6.5 Tractors Market
6.5.1 Overview
6.5.2 Tractors Market Forecasts and Analysis 7. Automatic Tire Inflation System Market Analysis- by Distribution Channel
7.1 Overview
7.2 Automatic Tire Inflation System Market - by Distribution Channel , Forecast and Analysis
7.3 Oem Market
7.3.1 Overview
7.3.2 Oem Market - Forecast & Analysis
7.4 Aftermarket Market
7.4.1 Overview
7.4.2 Aftermarket Market - Forecast & Analysis 8. Global Automatic Tire Inflation System- Geographical Analysis
8.1 Overview
8.2 North America Automatic Tire Inflation System Market Revenue and Forecasts To 2025
8.2.1 Overview
8.2.2 North America Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.2.3 North America Automatic Tire Inflation System Market Breakdown, by Key Countries
8.2.3.1 U.S. Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.2.3.2 Canada Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.2.3.3 Mexico Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.2.4 North America Automatic Tire Inflation System Market Breakdown, by Vehicle Type
8.2.5 North America Automatic Tire Inflation System Market Breakdown, by Distribution Channel
8.3 Europe Automatic Tire Inflation System Market Revenue and Forecasts To 2025
8.3.1 Overview
8.3.2 Europe Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.3 Europe Automatic Tire Inflation System Market Breakdown, by Key Countries
8.3.3.1 France Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.3.2 Germany Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.3.3 Italy Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.3.4 Spain Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.3.5 UK Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.3.4 Europe Automatic Tire Inflation System Market Breakdown, by Vehicle Type
8.3.5 Europe Automatic Tire Inflation System Market Breakdown, by Distribution Channel
8.4 Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025
8.4.1 Overview
8.4.2 Apac Automatic Tire Inflation System Market Breakdown by Key Countries
8.4.2.1 Australia Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.4.2.2 China Automatic Tire Inflation System Market Revenue and Forecast To 2025 (US$ MN)
8.4.2.3 India Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.4.2.4 Japan Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.4.2.5 Rest of Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.4.3 Apac Automatic Tire Inflation System Market Breakdown by Vehicle Type
8.4.4 Apac Automatic Tire Inflation System Market Breakdown by Distribution Channel
8.5 Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025
8.5.1 Overview
8.5.2 Mea Automatic Tire Inflation System Market Breakdown by Key Countries
8.5.2.1 Saudi Arabia Automatic Tire Inflation System Market Revenue and Forecast To 2025 (US$ MN)
8.5.2.2 UAE Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.5.2.3 South Africa Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.5.2.4 Rest of Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.5.3 Mea Automatic Tire Inflation System Market Breakdown by Vehicle Type
8.5.4 Mea Automatic Tire Inflation System Market Breakdown by Distribution Channel
8.6 Sam Automatic Tire Inflation System Market Revenue and Forecasts To 2025
8.6.1 Overview
8.6.2 Sam Automatic Tire Inflation System Market Breakdown by Key Countries
8.6.2.1 Brazil Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
8.6.3 Sam Automatic Tire Inflation System Market Breakdown by Vehicle Type
8.6.4 Sam Automatic Tire Inflation System Market Breakdown by Distribution Channel 9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 Merger and Acquisition
9.4 New Development 10. Competitive Landscape
10.1 Competitive Product Mapping
10.2 Market Positioning - Global Top 5 Players Ranking
11. Automatic Tire Inflation System Market, Key Company Profiles
11.1 Aperia Technologies, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 Swot Analysis
11.1.5 Key Developments
11.2 Continental Ag
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 Swot Analysis
11.2.5 Key Developments
11.3 Dana Limited
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 Swot Analysis
11.3.5 Key Developments
11.4 Haltec Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 Swot Analysis
11.4.5 Key Developments
11.5 Hendrickson Usa, L.L.C.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 Swot Analysis
11.5.5 Key Developments
11.6 Meritor, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 Swot Analysis
11.6.5 Key Developments
11.7 Michelin
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 Swot Analysis
11.7.5 Key Developments
11.8 Pressureguard
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 Swot Analysis
11.8.5 Key Developments
11.9 Stemco Products Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 Swot Analysis
11.9.5 Key Developments
11.10 Tire Pressure Control
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 Swot Analysis
11.10.5 Key Developments 12. Appendix
12.1.1 About the publisher
12.2 Glossary of Terms
12.3 Methodology
12.3.1 Coverage
12.3.2 Secondary Research
12.3.3 Primary Research List of Tables
Table 1. North America Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Vehicle Type (US$ MN)
Table 2. North America Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Distribution Channel (US$ MN)
Table 3. Europe Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Vehicle Type (US$ MN)
Table 4. Europe Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Distribution Channel (US$ MN)
Table 5. Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Vehicle Type (US$ MN)
Table 6. Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Distribution Channel (US$ MN)
Table 7. Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Vehicle Type (US$ MN)
Table 8. Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Distribution Channel (US$ MN)
Table 9. Sam Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Vehicle Type (US$ MN)
Table 10. Sam Automatic Tire Inflation System Market Revenue and Forecasts To 2025 - by Distribution Channel (US$ MN)
Table 11. Glossary of Term: Automatic Tire Inflation System Market List of Figures
Figure 1. Heavy Duty Vehicle Type Segment - Incremental Growth, 2017 - 2025
Figure 2. Global Automatic Tire Inflation System Market 2017& 2025 (US$ MN)
Figure 3. Automatic Tire Inflation System Market Segmentation
Figure 4. Automatic Tire Inflation System Market Segmentation - Geographic
Figure 5. North America - Pest Analysis
Figure 6. Europe - Pest Analysis
Figure 7. Figure1: Asia Pacific - Pest Analysis
Figure 8. Middle East and Africa - Pest Analysis
Figure 9. South America - Pest Analysis
Figure 10. Automatic Tire Inflation System Market Impact Analysis of Driver and Restraints
Figure 11. Global Automatic Tire Inflation System Market
Figure 12. Global Automatic Tire Inflation System Market Forecast and Analysis
Figure 13. Global Automatic Tire Inflation Systems Market Breakdown, by Vehicle Types, 2017 & 2025 (%)
Figure 14. Global Heavy Duty Vehicle Market Revenue and Forecasts To 2025 (US$ MN)
Figure 15. Global Utility Vehhicle Market Revenue and Forecasts To 2025 (US$ MN)
Figure 16. Global Tractors Market Revenue and Forecasts To 2025 (US$ MN)
Figure 17. Global Automatic Tire Inflation System Market Breakdown, by Distribution Channel, 2017 & 2025 (%)
Figure 18. Global Oem Market Revenue Forecasts To 2025 (US$ MN)
Figure 19. Global Aftermarket Market Revenue Forecasts To 2025 (US$ MN)
Figure 20. Automatic Tire Inflation System Market, Global Breakdown by Regions, 2017 & 2025 (%)
Figure 21. North America Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 22. North America Automatic Tire Inflation System Market Breakdown, by Key Countries, 2017 & 2025 (%)
Figure 23. U.S. Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 24. Canada Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 25. Mexico Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 26. North America Automatic Tire Inflation System Market Breakdown, by Vehicle Type, 2017 & 2025 (%)
Figure 27. North America Automatic Tire Inflation System Market Breakdown, by Distribution Channel, 2017 & 2025 (%)
Figure 28. Europe Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 29. Europe Automatic Tire Inflation System Market Breakdown by Key Countries, 2017 & 2025 (%)
Figure 30. France Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 31. Germany Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 32. Italy Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 33. Spain Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 34. UK Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 35. Europe Automatic Tire Inflation System Market Breakdown, by Vehicle Type, 2017 & 2025 (%)
Figure 36. Europe Automatic Tire Inflation System Market Breakdown, by Distribution Channel, 2017 & 2025 (%)
Figure 37. Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 38. Apac Automatic Tire Inflation System Market Breakdown by Key Countries, 2017 & 2025(%)
Figure 39. Australia Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 40. China Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 41. India Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 42. Japan Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 43. Rest of Apac Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 44. Apac Automatic Tire Inflation System Market Breakdown by Vehicle Type, 2017 & 2025 (%)
Figure 45. Apac Automatic Tire Inflation System Market Breakdown by Distribution Channel, 2017 & 2025 (%)
Figure 46. Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 47. Mea Automatic Tire Inflation System Market Breakdown by Key Countries, 2017 & 2025(%)
Figure 48. Saudi Arabia Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 49. UAE Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 50. South Africa Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 51. Rest of Mea Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 52. Mea Automatic Tire Inflation System Market Breakdown by Vehicle Type, 2017 & 2025 (%)
Figure 53. Mea Automatic Tire Inflation System Market Breakdown by Distribution Channel, 2017 & 2025 (%)
Figure 54. Sam Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 55. Sam Automatic Tire Inflation System Market Breakdown by Key Countries, 2017 & 2025(%)
Figure 56. Brazil Automatic Tire Inflation System Market Revenue and Forecasts To 2025 (US$ MN)
Figure 57. Sam Automatic Tire Inflation System Market Breakdown by Vehicle Type, 2017 & 2025 (%)
Figure 58. Sam Automatic Tire Inflation System Market Breakdown by Distribution Channel, 2017 & 2025 (%)
Figure 59. Automatic Tire Inflation System Market, Industry Landscape (2015-2018) %
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PressureGuard
- Haltec Corporation
- Aperia Technologies, Inc.
- Continental AG
- Dana Limited
- Michelin
- STEMCO Products Inc.
- Tire Pressure Control
- Meritor, Inc.
- Hendriksson USA, LLC
