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Automatic Tire Inflation System Market, Global Outlook and Forecast 2023-2029

Automatic Tire Inflation System Market, Global Outlook and Forecast 2023-2029

  • Published on : 17 March 2023
  • Pages :73
  • Report Code:SMR-7605115

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Report overview

Automatic tire inflation systems (ATIS) work to overcome one or more of the causes of tire underinflation by monitoring tire inflation pressure relative to a pre-set target and re-inflating tires whenever the detected pressure is below the target level. The tire inflation system not only increases vehicle mobility and reliability when moving, it also helps to ensure that a need for vehicle recoveries is avoided as far as possible. It also prevents unnecessary damage to fields. Moreover, simple adjustments to correct the air pressure ultimately reduce tire wear.
This report aims to provide a comprehensive presentation of the global market for Automatic Tire Inflation System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Tire Inflation System. This report contains market size and forecasts of Automatic Tire Inflation System in global, including the following market information:
Global Automatic Tire Inflation System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automatic Tire Inflation System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automatic Tire Inflation System companies in 2022 (%)
The global Automatic Tire Inflation System market was valued at US$ 2334.7 million in 2022 and is projected to reach US$ 4011.3 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
PSI monopolizes the global Automatic Tire Inflation System market, holding a share about 66%.
North America is the largest market, with a share about 55%, followed by Europe, have a share about 40 percent.
In terms of product, Trucks is the largest segment, with a share about 35%. And in terms of application, the largest application is Commercial, followed by Military, Agriculture.
We surveyed the Automatic Tire Inflation System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automatic Tire Inflation System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Tire Inflation System Market Segment Percentages, by Type, 2022 (%)
Tractors
Trucks
Trailers
Others
Global Automatic Tire Inflation System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Tire Inflation System Market Segment Percentages, by Application, 2022 (%)
Military
Commercial
Agriculture
Global Automatic Tire Inflation System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Tire Inflation System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automatic Tire Inflation System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automatic Tire Inflation System revenues share in global market, 2022 (%)
Key companies Automatic Tire Inflation System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automatic Tire Inflation System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PSI
Dana Limited
Hendrickson (Boler Company)
Nexter Group (KNDS Group)
STEMCO (EnPro Industries)
Tire Pressure Control International
Aperia Technologies
Pressure Guard
PTG (Michelin)
TELEFLOW (Michelin)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automatic Tire Inflation System, market overview.
Chapter 2: Global Automatic Tire Inflation System market size in revenue and volume.
Chapter 3: Detailed analysis of Automatic Tire Inflation System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automatic Tire Inflation System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automatic Tire Inflation System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.