The Automatic Tire Inflation System Market is expected to witness market growth at a rate of 8% in the forecast period of 2021 to 2027 and is expected to reach USD 18,990.17 million by 2027.
An automatic tire inflation system consists of a compressor used to pass air through a swivel joint through a hose, which provides rotational motion of the wheel assembly. Air is passed through a rotary joint without the entanglement of the hose, and when the pressure drops below the desired level, it pumps air and the tire inflates. The market for automatic tire inflation systems is on a path of recovery after a period of slow growth amid the pandemic crisis. Increased registered sales to the automotive industry will enable the growth of the market.
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A full report of the Global Automatic Tire Inflation System Market is available at: https://www.orionmarketreports.com/automatic-tire-inflation-system-market/59688/
Market Segments
On the basis of type:
- Central tire inflation system
- Continuous tire inflation system
On the basis of components:
- Rotary Union
- Compressor
- Pressure Sensor
- Housing
- Air Delivery System
- ECU
- Buffer Tank
On the basis of on-highway vehicles:
- Passenger Cars (PC)
- Commercial Vehicle (CV)
Key Players
The major players covered in the automatic tire inflation system market report are SAF-HOLLAND S.A., Continental AG, WABCO, ENPRO INDUSTRIES PVT. LTD., MICHELIN, The Goodyear Tire & Rubber Company, Bridgestone Corporation, Dana Limited, IDEX, Hendrickson USA L.L.C., Aperia Technologies Inc., Haltec Corporation, CODA DEVELOPMENT, Pirelli & C. S.p.A., Pressure Systems International Inc.
Scope of the Report
The research study analyzes the global Automatic Tire Inflation System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automatic Tire Inflation System Market Report
1. What was the Automatic Tire Inflation System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automatic Tire Inflation System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automatic Tire Inflation System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automatic Tire Inflation System market.
- The market share of the global Automatic Tire Inflation System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automatic Tire Inflation System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automatic Tire Inflation System market.
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