Automatic Tire Inflation System (ATIS) Market - By Type (Central Tire Inflation, Continuous Tire Inflation), By Application (Passenger Vehicles, Commercial Vehicles [Light-duty Vehicles, Heavy-duty Vehicles]), By Component, By Sales Channel, Forecast 2023

Automatic Tire Inflation System (ATIS) Market - By Type (Central Tire Inflation, Continuous Tire Inflation), By Application (Passenger Vehicles, Commercial Vehicles [Light-duty Vehicles, Heavy-duty Vehicles]), By Component, By Sales Channel, Forecast 2023 - 2032

Automatic tire inflation system (ATIS) market size is projected to expand at over 10% CAGR from 2023 to 2032. The rising emphasis on fuel efficiency and vehicle safety is compelling fleet operators to adopt various solutions to maintain optimal tire pressure, reduce fuel consumption and enhance the overall vehicle performance.

The influx of regulatory initiatives for promoting fuel economy and emission reduction are encouraging the integration of ATIS in commercial vehicles. For instance, in September 2023, Infineon Technologies launched the XENSIV SP49 pressure monitoring sensor for tires by integrating automotive industry expertise with patented glass-silicon-glass MEMS technology. Of late, there has also been higher awareness of the economic benefits associated with improved tire lifespan and reduced maintenance costs. The expansion of the logistics and transportation sector coupled with the rising advancements in ATIS technology will also contribute to the industry growth.

The ATIS market is segregated into type, application, sales channel, component, and region.

Based on type, the market value from the continuous tire inflation segment is estimated to rise at commendable CAGR through 2032. The growth can be ascribed to the increasing focus on maintaining optimal tire pressure in real-time, reducing fuel consumption, improving vehicle safety, and extending the tire lifespan. Fleet operators are also increasingly prioritizing continuous inflation systems for sustained efficiency and minimized maintenance costs.

ATIS market share from the passenger vehicle application segment is expected to rise at substantial CAGR between 2023 and 2032, owing to the increasing emphasis on safety, fuel efficiency, and optimal tire performance. The rising consumer awareness coupled with the rise in regulatory initiatives for promoting vehicle safety standards will also drive the adoption of automatic tire inflation systems in passenger vehicles.

Regionally, the Europe automatic tire inflation system industry is slated to expand at appreciable CAGR from 2023 to 2032, due to the increasing awareness about vehicle safety and fuel efficiency. The stricter regulations regarding environmental impacts and fuel consumption are driving the adoption of various advanced technologies. Additionally, the rising focus on sustainable transportation solutions and the growing demand for commercial vehicles will push the regional market expansion.