Automotive Automatic Tire Inflation System Market by Component (Air Delivery System, Compressor, Housing), Type (Central, Continuous), Technology, Vehicle Type, Sales Channel - Global Forecast 2024-2030

SKU
MRR-69324464D288
Region
Global
Publication Date
September 2024
Delivery
Immediate
2023
USD 620.67 million
2030
USD 1,301.41 million
2024
USD 686.77 million
CAGR
11.15%
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[198 Pages Report] The Automotive Automatic Tire Inflation System Market size was estimated at USD 620.67 million in 2023 and expected to reach USD 686.77 million in 2024, at a CAGR 11.15% to reach USD 1,301.41 million by 2030.

The automotive automatic tire inflation system (ATIS) is a cutting-edge technology designed to ensure that vehicle tires are continuously maintained at optimal pressure levels while in operation. ATIS monitors the tire pressure and automatically inflates the tires as needed, enhancing safety, performance, and fuel efficiency. This system is predominantly employed in commercial vehicles, off-road vehicles, and certain high-end passenger cars, where maintaining proper tire pressure is critical for operational efficiency and safety. The market for ATIS is expected to grow, driven by rising safety concerns, the need for fuel efficiency, and stringent regulatory support. Technological advancements, such as sensor technology and telematics integration, make ATIS more accessible and reliable. However, high initial costs, maintenance and reliability issues, and technical complexity are significant challenges. Innovation and research in advanced materials, artificial intelligence, machine learning, cost-effective solutions, and enhanced sensors can further enhance ATIS utility. Moreover, integration of ATIS with telematics, expanding into emerging markets, offering aftermarket services, and forming partnerships with vehicle manufacturers opens lucrative opportunities in the market.The Automotive Automatic Tire Inflation System (ATIS) market demonstrates significant growth potential across multiple regions due to varying regulatory frameworks and consumer needs. The Americas showcases diverse consumer needs. In North America, efficiency, reliability, and regulatory compliance are primary drivers for ATIS adoption, especially in commercial fleets. In the United States and Canada, stringent safety standards and the focus on fleet efficiency drive adoption, with major trade activities occurring primarily with neighboring countries. In the European Union (EU), strict emission and safety regulations fuel market growth, with Germany, France, and the U.K. being pivotal markets. Emerging interest in the Middle East and Africa (MEA), especially in the UAE and South Africa, is creating opportunities despite high initial costs and technical challenges. Consumer demand in APAC is fueled by burgeoning industrial growth and a significant focus on reducing vehicular operational costs. Customers are increasingly discerning about safety and environmental impact, driving the demand for ATIS. Cost-effectiveness and reliability are pivotal purchasing factors. China's emphasis on emissions reduction and vehicle safety standards shows the rapid adoption of the automotive automatic tire inflation system. At the same time, Japan leads with advanced ATIS integration driven by innovation. India presents growth opportunities with private investments and collaborations paving the way. The ASEAN region, including Thailand, Malaysia, and Indonesia, has shown increasing adoption of ATIS, which is supported by the growth of commercial vehicle fleets. The evolving regulatory frameworks for Automotive Automatic Tire Inflation Systems (ATIS) across regions, such as the United States , European Union, Canada, Asia-Pacific, and Middle East and Africa are crucial for market dynamics. The U.S. emphasizes safety through the National Highway Traffic Safety Administration (NHTSA). The EU's stringent safety and emission regulations under the General Safety Regulation (GSR) and Carbon Dioxide Emissions Performance Standards drive innovation. Canada aligns closely with the U.S. and focuses on vehicle safety. APAC countries, including China, Japan, and India, have diverse standards, with China pushing ATIS for emission control, Japan focusing on advanced technology, and India gradually adopting new regulations. In MEA, safety standards are evolving, which is evident in the UAE and South Africa. Significant recent industry events include automotive expos, new regulations, venture capital investments, and public-private road safety initiatives, reflecting a globally rapidly evolving automotive automatic tire inflation system market.
Automotive Automatic Tire Inflation System Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive Automatic Tire Inflation System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Growing adoption of automobiles and demand for efficient tire maintenance solution
    • Increase in demand for all-terrain military vehicles
    • Surging demand for enhanced safety and driving features in vehicles
  • Market Restraints
    • High costs associated with implementation of automatic tire inflating system
  • Market Opportunities
    • Robust research and development activities to introduce advanced automatic tire inflating systems
    • Emerging preferences for smart and automated mobility
  • Market Challenges
    • Issues over limited compatibility and configuration complexities

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Automotive Automatic Tire Inflation System Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive Automatic Tire Inflation System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive Automatic Tire Inflation System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive Automatic Tire Inflation System Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive Automatic Tire Inflation System Market, highlighting leading vendors and their innovative profiles. These include AIR CTI, Airgo Systems, LLC, Aperia Technologies, Inc., Bigfoot Equipment Ltd., Bridgestone Corporation, CLAAS KGaA mbH, Colven Argentina, COLVEN USA LLC, Continental AG, Dana Incorporated, Goodyear Tire & Rubber Company, Haltec Corporation, Hendrickson Holdings, L.L.C., IDEX Corporation, Meritor, Inc. by Cummins Inc., Michelin Group, Parker Hannifin Corporation, Pressure Systems International, LLC, PTG Reifendruckregelsysteme GmbH, SAF-HOLLAND GmbH, STEMCO Products Inc. by EnPro Industries, Inc., ti.systems GmbH, Tire Pressure Control International Ltd., and Trans Technologies Company.

Market Segmentation & Coverage

This research report categorizes the Automotive Automatic Tire Inflation System Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Air Delivery System
    • Compressor
    • Housing
    • Pressure Sensor
    • Rotary Union
  • Type
    • Central
    • Continuous
  • Technology
    • Direct Tire Pressure Monitoring System
    • Indirect Tire Pressure Monitoring System
  • Vehicle Type
    • Commercial Vehicles
      • Heavy Commercial Vehicles
      • Light Commercial Vehicles
    • Passenger Cars
  • Sales Channel
    • Aftermarket
    • Original Equipment Manufacturer

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Automotive Automatic Tire Inflation System Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Automotive Automatic Tire Inflation System Market, by Component
  7. Automotive Automatic Tire Inflation System Market, by Type
  8. Automotive Automatic Tire Inflation System Market, by Technology
  9. Automotive Automatic Tire Inflation System Market, by Vehicle Type
  10. Automotive Automatic Tire Inflation System Market, by Sales Channel
  11. Americas Automotive Automatic Tire Inflation System Market
  12. Asia-Pacific Automotive Automatic Tire Inflation System Market
  13. Europe, Middle East & Africa Automotive Automatic Tire Inflation System Market
  14. Competitive Landscape
  15. List of Figures [Total: 25]
  16. List of Tables [Total: 551]
  17. List of Companies Mentioned [Total: 24]
Frequently Asked Questions
  1. How big is the Automotive Automatic Tire Inflation System Market?
    Ans. The Global Automotive Automatic Tire Inflation System Market size was estimated at USD 620.67 million in 2023 and expected to reach USD 686.77 million in 2024.
  2. What is the Automotive Automatic Tire Inflation System Market growth?
    Ans. The Global Automotive Automatic Tire Inflation System Market to grow USD 1,301.41 million by 2030, at a CAGR of 11.15%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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