Automotive Automatic Tire Inflation System Market Size, Share, Growth Analysis, By Application(Light-duty vehicles and Heavy-duty vehicles, On-the-road tires and Off-the-road tires), By Sales Channel(Original Equipment Manufacturers (OEMs) and Aftermarket), By Product(Central tire inflation, Continuous tire inflation), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45A2193 | Region: Global | Published Date: April, 2024
Pages: 197 |Tables: 86 |Figures: 66

Automotive Automatic Tire Inflation System Market Insights

Global Automotive Automatic Tire Inflation System Market size was valued at USD 844.8 million in 2022 and is poised to grow from USD 957.16 million in 2023 to USD 2599.10 million by 2031, growing at a CAGR of 13.30% during the forecast period (2024-2031).

The global automotive automatic tire inflation system market is experiencing robust growth propelled by several key factors. The increased demand for all-terrain and military vehicles, coupled with a surge in the integration of safety features within vehicles, contributes significantly to this expansion. Additionally, the growing emphasis on driving comfort fuels the adoption of these systems. Despite these positive trends, challenges hinder the market's growth worldwide, including the high implementation costs and configuration complexities associated with these systems.

Moreover, the substitution of compressed air tires with nitrogen tires presents an obstacle to market expansion. However, amidst these challenges, there exist promising opportunities driven by technological advancements in vehicles and the integration of automatic tire inflation systems with telematics. These advancements are expected to pave the way for lucrative prospects, fostering the growth of the global automotive automatic tire inflation system market.

The automotive industry is experiencing rapid growth worldwide, largely propelled by the ever-evolving technological landscape. Companies within this sector are directing their attention towards robust research and development initiatives within the tire industry, particularly aimed at enhancing the frictional resistance properties of tire products. These dedicated R&D efforts represent a significant driver behind the burgeoning global market for automotive automatic tire inflation systems (ATIS). The emphasis on advancing tire technology to improve traction and frictional capabilities aligns closely with the escalating demand for more efficient and reliable tire systems, thus catalyzing the growth and adoption of automatic tire inflation systems within the automotive industry.

Market Snapshot - 2024-2031

Global Market Size

USD 844.8 million

Largest Segment

Commercial

Fastest Growth

Growth Rate

13.30% CAGR

Global Automotive Automatic Tire Inflation System Market ($ Bn)
Country Share for North America Region (%)

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Automotive Automatic Tire Inflation System Market Segmental Analysis

The global Automotive Automatic Tire Inflation System market is segmented into various major segments. On the basis of application, it is bifurcated into light-duty vehicles and heavy-duty vehicles, on-the-road tires and off-the-road tires. By sales channel, it is fragmented into original equipment manufacturers (OEMs) and aftermarket. On the basis of vehicle type, it is bifurcated into passenger cars and commercial vehicles. On the basis of product type, it is bifurcated into central tire inflation, continuous tire inflation. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

Analysis by Product

In 2022, the central tire inflation segment emerged as the dominant force within the market, largely attributed to the exceptional efficiency of Central Tire Inflation Systems (CTIS) in effectively managing tire pressure across diverse terrains. This technology stands out for its capability to facilitate on-the-fly pressure adjustments, offering unparalleled adaptability and performance ideal for a wide spectrum of applications. CTIS is particularly well-suited for usage in various sectors including military vehicles, agricultural machinery, and off-road vehicles, thanks to its ability to swiftly and dynamically adjust tire pressure according to the demands of different terrains and operational requirements.

Continuous tire inflation plays a pivotal role in shaping the automotive automatic tire inflation system market. This technology ensures that tire pressure remains consistently optimal while the vehicle is in motion, offering a seamless and uninterrupted adjustment of tire pressure levels. Continuous tire inflation systems are designed to dynamically regulate tire pressure based on real-time conditions, adapting to varying terrains and driving situations. This capability not only enhances vehicle performance but also contributes to improved fuel efficiency, extended tire life, and heightened safety on the road.

Analysis by Vehicle

In 2022, the commercial vehicle segment dominated the market, accounting for approximately 90% of the business share. This segment is positioned for substantial growth in the forecast period, driven by a growing focus on minimizing maintenance costs and enhancing operational efficiency within commercial fleets. Automatic Tire Inflation Systems (ATIS) offer notable advantages to these fleets by ensuring consistent tire pressure levels. This consistency not only enhances fuel efficiency but also significantly reduces tire wear, thus contributing to cost savings associated with maintenance and replacements.

Passenger cars play a significant role in propelling the automotive automatic tire inflation system market forward. As vehicles that cater to daily commuting and personal transportation needs, passenger cars serve as a key segment driving the adoption of automatic tire inflation systems. These systems offer enhanced safety, improved fuel efficiency, and reduced tire wear for passenger vehicles. With consumers increasingly prioritizing convenience, comfort, and safety features in their vehicles, automatic tire inflation systems provide an appealing value proposition.

Global Automotive Automatic Tire Inflation System Market By Vehicle

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Automotive Automatic Tire Inflation System Market Regional Insights

North America is poised to assert its dominance within the global automotive automatic tire inflation system market, primarily driven by its robust and thriving automobile industry. Serving as a hub for numerous automotive manufacturers, the region benefits from a strong foundation within the automotive sector. Furthermore, the substantial demand for commercial and off-road vehicles in North America, fueled by the prominence of the mining industry and the continuous expansion of the construction sector, significantly amplifies the need for automatic tire inflation systems.

Asia-Pacific is anticipated to sustain its leading position throughout the forecast period, primarily attributable to the escalating demand for advanced vehicle features across various Asian countries. The region's dominance stems from a continuous surge in the desire for enhanced functionalities within vehicles, driving the need for advanced technologies and systems. This persistent demand for cutting-edge features contributes significantly to Asia-Pacific's ongoing lead in the automotive market, underscoring the region's pivotal role in steering the adoption and integration of innovative solutions within vehicles.

Global Automotive Automatic Tire Inflation System Market By Region
  • Largest
  • Fastest

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Automotive Automatic Tire Inflation System Market Dynamics

Drivers

Increase in demand for all-terrain

  • Utility all-terrain vehicles, renowned for their versatility, serve a wide array of sectors spanning military, agriculture, construction, and forestry. The substantial growth witnessed in military operations, agricultural endeavors, and construction activities underscores the increased demand for these vehicles across multiple industries. This escalating demand for utility all-terrain vehicles is poised to have a substantial ripple effect, notably driving a positive trajectory for the automotive automatic tire inflation system market. As these sectors continue to expand significantly, the parallel surge in the utilization of these vehicles is anticipated to contribute significantly to the heightened demand for automatic tire inflation systems within the automotive industry.

Restraints

High Implementation Cost

  • The relentless progression of technology demands consistent upgrades to the systems and software within automobiles, essential for maintaining compatibility with the evolving external environment. However, the cost associated with these advancements is notably high, encompassing various components such as sensors, radio frequency technologies, and intricate fuzzy logics. The assembly process, where multiple components and sensors are integrated onto a single dielectric plate for compatibility purposes, incurs significant expenses. Moreover, this intricate system's bulkiness further escalates implementation costs, particularly due to the necessity of connecting it with wireless devices installed within vehicles for seamless and effective operation.

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Automotive Automatic Tire Inflation System Market Competitive Landscape

The competitive environment of the global Automotive Automatic Tire Inflation System market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.

Top Player’s Company Profiles

  • ColVen SA
  • Dana Inc.
  • Hendrickson Holdings LLC
  • Meritor Inc.
  • Parker Hannifin Corp.
  • SAF-HOLLAND SE
  • ti.systems GmbH

Recent Developments

  • In February 2022, Tesla unveiled a groundbreaking patent for an innovative on-the-go tire inflation system designed to cater to both passenger cars and commercial vehicles. This revolutionary system is anticipated to exhibit compatibility with Tesla's upcoming semi-truck model as well. This patent represents a significant stride in Tesla's commitment to pioneering advancements within the automotive industry. The on-the-go tire inflation system, catering to diverse vehicle categories, underscores Tesla's pursuit of innovative solutions aimed at enhancing vehicle performance, efficiency, and safety across their range of vehicles, marking a promising development within the automotive technology sphere.
  • In 2023, BFGoodrich Tires unveiled the BFGoodrich® ActivAir, an innovative fully integrated tire inflation system tailored to elevate off-road capabilities. This cutting-edge system empowers drivers to conveniently adjust tire pressure without needing to exit their seats, presenting a new level of convenience and flexibility in navigating diverse off-road scenarios. This introduction reflects BFGoodrich Tires' commitment to advancing technology aimed at enhancing off-road performance while providing a seamless and user-friendly experience for drivers.

Automotive Automatic Tire Inflation System Key Market Trends

  • The integration of Automatic Tire Inflation Systems (ATIS) with telematics marks a significant leap forward, rendering air tire inflation systems more reliable and technologically advanced. This integration allows for seamless, automated functionality of the system, enhancing its overall efficiency. Furthermore, the growing emphasis on road safety and the imposition of stringent governmental regulations worldwide concerning the incorporation of automatic tire inflation systems into new vehicles are anticipated to unlock fresh opportunities for the expansion of the automotive automatic tire inflation system market in the foreseeable future.

Automotive Automatic Tire Inflation System Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

Global Automotive Automatic Tire Inflation System marketplace analysis exhibits a dynamic marketplace with some of standout developments and problems. The global restrictions on transportation and public movement had a profound impact, leading to a significant reduction in the usage of both passenger cars and commercial vehicles, consequently causing an economic slowdown across the market. However, amidst this downturn, there is an anticipated upswing in vehicle sales attributed to the ongoing trend of electrification. As the automotive industry gears up towards increased electrification, there is a projected surge in demand for various components and technologies associated with electric vehicles, signifying a potential resurgence in market demand despite the preceding slowdown.

Report Metric Details
Market size value in 2022 USD 844.8 million
Market size value in 2031 USD 2599.10 million
Growth Rate 13.30%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Million
Segments covered
  • Application
    • Light-duty vehicles and Heavy-duty vehicles, On-the-road tires and Off-the-road tires
  • Sales Channel
    • Original Equipment Manufacturers (OEMs) and Aftermarket
  • Product
    • Central tire inflation, Continuous tire inflation
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • ColVen SA
  • Dana Inc.
  • Hendrickson Holdings LLC
  • Meritor Inc.
  • Parker Hannifin Corp.
  • SAF-HOLLAND SE
  • ti.systems GmbH
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Automotive Automatic Tire Inflation System Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Automotive Automatic Tire Inflation System Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Automotive Automatic Tire Inflation System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Automatic Tire Inflation System Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Automatic Tire Inflation System Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Automotive Automatic Tire Inflation System Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Automotive Automatic Tire Inflation System Market size was valued at USD 844.8 million in 2022 and is poised to grow from USD 957.16 million in 2023 to USD 2599.10 million by 2031, growing at a CAGR of 13.30% during the forecast period (2024-2031).

The competitive environment of the Automotive Automatic Tire Inflation System market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'ColVen SA', 'Dana Inc.', 'Hendrickson Holdings LLC', 'Meritor Inc.', 'Michelin Group', 'Parker Hannifin Corp.', 'Pressure Systems International Inc.', 'SAF-HOLLAND SE', 'STEMCO Products Inc.', 'ti.systems GmbH'

Utility all-terrain vehicles, renowned for their versatility, serve a wide array of sectors spanning military, agriculture, construction, and forestry. The substantial growth witnessed in military operations, agricultural endeavors, and construction activities underscores the increased demand for these vehicles across multiple industries. This escalating demand for utility all-terrain vehicles is poised to have a substantial ripple effect, notably driving a positive trajectory for the automotive automatic tire inflation system market. As these sectors continue to expand significantly, the parallel surge in the utilization of these vehicles is anticipated to contribute significantly to the heightened demand for automatic tire inflation systems within the automotive industry.

The integration of Automatic Tire Inflation Systems (ATIS) with telematics marks a significant leap forward, rendering air tire inflation systems more reliable and technologically advanced. This integration allows for seamless, automated functionality of the system, enhancing its overall efficiency. Furthermore, the growing emphasis on road safety and the imposition of stringent governmental regulations worldwide concerning the incorporation of automatic tire inflation systems into new vehicles are anticipated to unlock fresh opportunities for the expansion of the automotive automatic tire inflation system market in the foreseeable future.

North America is poised to assert its dominance within the automotive automatic tire inflation system market, primarily driven by its robust and thriving automobile industry. Serving as a hub for numerous automotive manufacturers, the region benefits from a strong foundation within the automotive sector. Furthermore, the substantial demand for commercial and off-road vehicles in North America, fueled by the prominence of the mining industry and the continuous expansion of the construction sector, significantly amplifies the need for automatic tire inflation systems.

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