DUBLIN--(BUSINESS WIRE)--The "Global Automatic Tire Inflation System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 to 2027" report has been added to ResearchAndMarkets.com's offering.
The automatic tire inflation system market is projected to reach US$ 2283 Mn in 2027, expanding at a CAGR of 11.54% across the forecast period of 2019 to 2027.
Product Insights:
The global automatic tire inflation system market is projected to reach US$ 2283 Mn in 2027, expanding at a CAGR of 11.54% during the forecast period of 2019 to 2027. In the last decade, the global automotive industry has focused more on developing technologies which can make traveling safer and more secure. Automatic tire inflation system (ATIS) is one such technology which can monitor the tire pressure at a preset value throughout the journey of vehicle. Technological up-gradation in a tire pressure monitoring system and consumers demand for more safety in vehicles is driving the market of automatic tire inflation system globally.
Road accidents are one of the major causes of deaths across the world. As per the report Global Status Report on Road Safety 2018, by the World Health Organization, accidents and injuries on roads accounted as the 8th major cause of death. In the year 2016 alone, there were approximately 1.35 million deaths recorded across the world which were due to road accidents. As a result, safe travel is a major concern of people across the world. In this regard, an automatic tire inflation system is very helpful in maintaining proper tire pressure.
Competitive Insights:
These players are adopting different strategies like new product development for increasing their market share. For instance, in March 2019, Pressure Systems International, Inc. had launched their new tire pressure monitoring system TireView for trucks, tractors, and trailers. This system offers features like connected vehicle telematics for better fleet management and can also combine with the latest ATIS for trailer.
Additionally, players are also acquiring and partnering with other companies for increasing their geographical presence. For instance, in January 2019, Luxembourg based commercial vehicle supplier SAF-HOLLAND S.A. acquired majority stakes in PressureGuard, a manufacturing firm of tire pressure monitoring system, based in Tennessee. This acquisition will further strengthen the market position of PressureGuard in North American region.
Key Topics Covered:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Automatic Tire Inflation System Market
2.2. Global Automatic Tire Inflation System Market, by Product Type, 2018 (US$ Mn)
2.3. Global Automatic Tire Inflation System Market, by Vehicle Type, 2018 (US$ Mn)
2.4. Global Automatic Tire Inflation System Market, by Sales Channel, 2018 (US$ Mn)
2.5. Global Automatic Tire Inflation System Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1. Product and Market Insights
3.1.1. Global Automatic Tire Inflation System Market Value, 2017 - 2027, (US$ Mn)
3.2. Market Dynamics
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Automatic Tire Inflation System Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Automatic Tire Inflation System Market, by Product Type , 2017 - 2027 (US$ Mn)
4.1. Overview
4.2. Central Tire Inflation System
4.3. Continuous Tire Inflation System
5. Global Automatic Tire Inflation System Market, by Vehicle Type, 2017 - 2027 (US$ Mn)
5.1. Overview
5.2. Passenger Car
5.3. Commercial Vehicle
6. Global Automatic Tire Inflation System Market, by Sales Channel, 2017 - 2027 (US$ Mn)
6.1. Overview
6.2. OEMs
6.3. Aftermarket
7. North America Automatic Tire Inflation System Market Analysis, 2017 - 2027 (US$ Mn)
7.1. Overview
7.1.1. North America Automatic Tire Inflation System Market Value and Growth, 2017 - 2027, (US$ Mn)
7.2. North America Automatic Tire Inflation System Market Value, By Product Type, 2017 - 2027 (US$ Mn)
7.3. North America Automatic Tire Inflation System Market Value, By Vehicle Type, 2017 - 2027 (US$ Mn)
7.4. North America Automatic Tire Inflation System Market Value, By Sales Channel, 2017 - 2027 (US$ Mn)
7.5. North America Automatic Tire Inflation System Market Value, By Region/Country, 2017 - 2027 (US$ Mn)
8. Europe Automatic Tire Inflation System Market Analysis, 2017 - 2027 (US$ Mn)
8.1. Overview
8.1.1. Europe Automatic Tire Inflation System Market Value and Growth, 2017 - 2027, (US$ Mn)
8.2. Europe Automatic Tire Inflation System Market Value, By Product Type, 2017 - 2027 (US$ Mn)
8.3. Europe Automatic Tire Inflation System Market Value, By Vehicle Type, 2017 - 2027 (US$ Mn)
8.4. Europe Automatic Tire Inflation System Market Value, By Sales Channel, 2017 - 2027 (US$ Mn)
8.5. Europe Automatic Tire Inflation System Market Value, By Region/Country, 2017 - 2027 (US$ Mn)
9. Asia Pacific Automatic Tire Inflation System Market Analysis, 2017 - 2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific Automatic Tire Inflation System Market Value and Growth, 2017 - 2027, (US$ Mn)
9.2. Asia Pacific Automatic Tire Inflation System Market Value, By Product Type, 2017 - 2027 (US$ Mn)
9.3. Asia Pacific Automatic Tire Inflation System Market Value, By Vehicle Type, 2017 - 2027 (US$ Mn)
9.4. Asia Pacific Automatic Tire Inflation System Market Value, By Sales Channel, 2017 - 2027 (US$ Mn)
9.5. Asia Pacific Automatic Tire Inflation System Market Value, By Region/Country, 2017 - 2027 (US$ Mn)
10. Rest of the World Automatic Tire Inflation System Market Analysis, 2017 - 2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World Automatic Tire Inflation System Market Value and Growth, 2017 - 2027, (US$ Mn)
10.2. Rest of the World Automatic Tire Inflation System Market Value, By Product Type, 2017 - 2027 (US$ Mn)
10.3. Rest of the World Automatic Tire Inflation System Market Value, By Vehicle Type, 2017 - 2027 (US$ Mn)
10.4. Rest of the World Automatic Tire Inflation System Market Value, By Sales Channel, 2017 - 2027 (US$ Mn)
10.5. Rest of the World Automatic Tire Inflation System Market Value, By Region, 2017 - 2027 (US$ Mn)
11. Company Profiles
11.1. Stemco Products Inc.
11.2. Pressure Systems International, Inc.,
11.3. Dana Limited
11.4. Haltec Corporation
11.5. ti.systems GmbH
11.6. PressureGuard
11.7. Precision Inflation LLC
11.8. Hendrickson USA, L.L.C
11.9. Meritor, Inc.
11.10. Aperia Technologies, Inc.
11.11. Michelin North America Inc.
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