Automotive Automatic Tire Inflation System Market Size, Share & Trends Analysis Report By Type, By Vehicle, By Component, By Sales Channel, By Region, And Segment Forecasts, 2024 - 2030
Automotive Automatic Tire Inflation System Market Size, Share & Trends Analysis Report By Type, By Vehicle, By Component, By Sales Channel, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global automotive automatic tire inflation system market size was estimated at USD 726.2 million in 2023 and is expected to grow at a CAGR of 9.9% from 2024 to 2030. The primary factor driving the market's growth is the rising awareness among consumers and regulatory bodies about the importance of maintaining optimal tire pressure. Proper tire inflation is crucial for enhancing fuel efficiency, reducing tire wear, and minimizing the risk of tire-related accidents, leading to stricter regulations and standards globally.
These regulations mandate integrating advanced tire pressure monitoring and inflation systems in vehicles, propelling the demand for automotive automatic tire inflation systems. The increase in demand for all-terrain and military vehicles is significantly contributing to the growth of the market. These vehicles often operate in harsh and unpredictable environments where maintaining optimal tire pressure is crucial for performance and safety. All-terrain vehicles require robust tire management systems to navigate diverse terrains effectively, while military vehicles need reliable tire inflation solutions to ensure mission readiness and operational efficiency. This growing demand is driving manufacturers to develop advanced ATIS tailored specifically for the rigorous requirements of all-terrain and military applications, thereby expanding the market scope.
Technological advancements in automotive systems are also a major driving force for the market. The development of sophisticated sensors and IoT-enabled devices has revolutionized the way tire pressure is monitored and maintained. These advancements have made automotive automatic tire inflation systems more reliable, efficient, and user-friendly, encouraging their adoption in both commercial and passenger vehicles. Moreover, the integration of ATIS with other vehicle management systems, such as telematics and fleet management solutions, has further enhanced its appeal. This synergy allows for real-time monitoring and automated adjustments, leading to improved vehicle performance and reduced maintenance costs.
The growing emphasis on vehicle automation and smart technologies is another key factor driving the automatic tire inflation system market growth. The automotive industry is rapidly moving towards autonomous and connected vehicles, which require advanced systems for optimal operation. An automatic tire inflation system plays a crucial role in maintaining the performance and safety of these vehicles by ensuring that tire pressure is consistently at the recommended levels. As the adoption of autonomous vehicles increases, so does the need for a reliable and efficient automatic tire inflation system. This trend is supported by significant investments in research and development by leading automotive manufacturers and technology providers.
Fleet operators are increasingly recognizing the benefits of automatic tire inflation systems in terms of fuel savings, tire longevity, and overall operational efficiency. The logistics and transportation industries, in particular, are adopting these systems to enhance fleet management and reduce downtime caused by tire-related issues. This sector’s growth, driven by the surge in e-commerce and global trade, is expected to further propel the demand for automatic tire inflation systems. Consequently, manufacturers are focusing on developing more robust and scalable automatic tire inflation system solutions to cater to the needs of this expanding market.
Global Automotive Automatic Tire Inflation System Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global automotive automatic tire inflation system market based on type, vehicle, component, sales channel, and region:
Type Outlook (Revenue, USD Million, 2018 - 2030)
Central Tire Inflation system
Continuous Tire Inflation system
Vehicle Outlook (Revenue, USD Million, 2018 - 2030)
On-Highway Vehicle
Light Duty Vehicle
Heavy Duty Vehicle
Off-High Vehicle
Agriculture Tractors
Construction Equipment
Component Outlook (Revenue, USD Million, 2018 - 2030)
Rotary Union
Air Compressor
Pressure Sensor
Housing
Air Delivery System
Electronic Control Unit (ECU)
Buffer Tank
Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
OEM
Aftermarket
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Middle East & Africa (MEA)
Kingdom of Saudi Arabia (KSA)
UAE
South Africa
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Introduction/Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Challenge Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Automotive Automatic Tire Inflation System Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Automotive Automatic Tire Inflation System Market: Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Automotive Automatic Tire Inflation System Market: Type Movement Analysis, USD Million, 2023 & 2030
4.3. Central Tire Inflation System
4.3.1. Central Tire Inflation System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million )
4.4. Continuous Tire Inflation System
4.4.1. Continuous Tire Inflation System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)