Automotive Automatic Tire Inflation System Market by Component, Type, Technology, Vehicle Type, Sales Channel

Description

List of Tables

The Automotive Automatic Tire Inflation System Market was valued at USD 620.67 million in 2023, expected to reach USD 686.77 million in 2024, and is projected to grow at a CAGR of 11.15%, to USD 1,301.41 million by 2030.

The Automotive Automatic Tire Inflation System (ATIS) market encompasses technologies and solutions designed to maintain optimal tire pressure, enhancing vehicle safety, fuel efficiency, and tire lifespan. This system's necessity derives from its capability to prevent accidents caused by under-inflated tires and to mitigate their negative impact on fuel consumption and carbon emissions. Key applications include commercial vehicles, heavy-duty trucks, and military vehicles, where consistent tire pressure is crucial for operational efficiency and cost savings. The end-use scope extends to industries such as logistics, defense, agriculture, and construction.

KEY MARKET STATISTICS
Base Year [2023]	USD 620.67 million
Estimated Year [2024]	USD 686.77 million
Forecast Year [2030]	USD 1,301.41 million
CAGR (%)	11.15%

Market growth is influenced by rising safety concerns, stringent regulations on vehicle emissions, and increasing awareness of tire maintenance benefits. These factors drive the demand for ATIS, especially in regions with mature automotive markets like North America and Europe. A notable opportunity lies in the integration of ATIS with IoT and telematics systems, enabling real-time monitoring and predictive maintenance, which companies can leverage to enhance user experience and lifecycle management. However, market limitations include the high initial costs associated with ATIS installation and potential technical challenges that need continuous innovation to overcome. Diverse road conditions and varying climate resilience also present challenges impacting system efficiency and adoption rates.

Innovation could focus on developing cost-effective, durable, and easily installable systems that can be retrofitted to various vehicle types. Considering the emphasis on autonomous and electric vehicles, research should explore lightweight and energy-efficient ATIS designs to complement these emerging automotive segments. The market nature is characterized by moderate competition, with significant potential for growth, particularly in emerging economies where vehicle fleets continue expanding. Companies should emphasize strategic partnerships and alliances to expedite technology integration and market penetration. Recommendations include investing in R&D for advanced sensor technologies and collaborating with automotive manufacturers to standardize ATIS features across new vehicle lines, ensuring competitive advantage and sustained market relevance.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Automotive Automatic Tire Inflation System Market

The Automotive Automatic Tire Inflation System Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing adoption of automobiles and demand for efficient tire maintenance solution
- Increase in demand for all-terrain military vehicles
- Surging demand for enhanced safety and driving features in vehicles
Market Restraints
- High costs associated with implementation of automatic tire inflating system
Market Opportunities
- Robust research and development activities to introduce advanced automatic tire inflating systems
- Emerging preferences for smart and automated mobility
Market Challenges
- Issues over limited compatibility and configuration complexities

Porter's Five Forces: A Strategic Tool for Navigating the Automotive Automatic Tire Inflation System Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Automotive Automatic Tire Inflation System Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Automotive Automatic Tire Inflation System Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Automotive Automatic Tire Inflation System Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Automotive Automatic Tire Inflation System Market

A detailed market share analysis in the Automotive Automatic Tire Inflation System Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Automotive Automatic Tire Inflation System Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Automotive Automatic Tire Inflation System Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Automotive Automatic Tire Inflation System Market

A strategic analysis of the Automotive Automatic Tire Inflation System Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Automotive Automatic Tire Inflation System Market, highlighting leading vendors and their innovative profiles. These include AIR CTI, Airgo Systems, LLC, Aperia Technologies, Inc., Bigfoot Equipment Ltd., Bridgestone Corporation, CLAAS KGaA mbH, Colven Argentina, COLVEN USA LLC, Continental AG, Dana Incorporated, Goodyear Tire & Rubber Company, Haltec Corporation, Hendrickson Holdings, L.L.C., IDEX Corporation, Meritor, Inc. by Cummins Inc., Michelin Group, Parker Hannifin Corporation, Pressure Systems International, LLC, PTG Reifendruckregelsysteme GmbH, SAF-HOLLAND GmbH, STEMCO Products Inc. by EnPro Industries, Inc., ti.systems GmbH, Tire Pressure Control International Ltd., and Trans Technologies Company.

Market Segmentation & Coverage

This research report categorizes the Automotive Automatic Tire Inflation System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Component, market is studied across Air Delivery System, Compressor, Housing, Pressure Sensor, and Rotary Union.
Based on Type, market is studied across Central and Continuous.
Based on Technology, market is studied across Direct Tire Pressure Monitoring System and Indirect Tire Pressure Monitoring System.
Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars. The Commercial Vehicles is further studied across Heavy Commercial Vehicles and Light Commercial Vehicles.
Based on Sales Channel, market is studied across Aftermarket and Original Equipment Manufacturer.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-69324464D288

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing adoption of automobiles and demand for efficient tire maintenance solution
  - 5.1.1.2. Increase in demand for all-terrain military vehicles
  - 5.1.1.3. Surging demand for enhanced safety and driving features in vehicles
- 5.1.2. Restraints
  - 5.1.2.1. High costs associated with implementation of automatic tire inflating system
- 5.1.3. Opportunities
  - 5.1.3.1. Robust research and development activities to introduce advanced automatic tire inflating systems
  - 5.1.3.2. Emerging preferences for smart and automated mobility
- 5.1.4. Challenges
  - 5.1.4.1. Issues over limited compatibility and configuration complexities
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Automotive Automatic Tire Inflation System Market, by Component

6.1. Introduction
6.2. Air Delivery System
6.3. Compressor
6.4. Housing
6.5. Pressure Sensor
6.6. Rotary Union

7. Automotive Automatic Tire Inflation System Market, by Type

7.1. Introduction
7.2. Central
7.3. Continuous

8. Automotive Automatic Tire Inflation System Market, by Technology

8.1. Introduction
8.2. Direct Tire Pressure Monitoring System
8.3. Indirect Tire Pressure Monitoring System

9. Automotive Automatic Tire Inflation System Market, by Vehicle Type

9.1. Introduction
9.2. Commercial Vehicles
- 9.2.1. Heavy Commercial Vehicles
- 9.2.2. Light Commercial Vehicles
9.3. Passenger Cars

10. Automotive Automatic Tire Inflation System Market, by Sales Channel

10.1. Introduction
10.2. Aftermarket
10.3. Original Equipment Manufacturer

11. Americas Automotive Automatic Tire Inflation System Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Automotive Automatic Tire Inflation System Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Automotive Automatic Tire Inflation System Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
14.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AIR CTI
2. Airgo Systems, LLC
3. Aperia Technologies, Inc.
4. Bigfoot Equipment Ltd.
5. Bridgestone Corporation
6. CLAAS KGaA mbH
7. Colven Argentina
8. COLVEN USA LLC
9. Continental AG
10. Dana Incorporated
11. Goodyear Tire & Rubber Company
12. Haltec Corporation
13. Hendrickson Holdings, L.L.C.
14. IDEX Corporation
15. Meritor, Inc. by Cummins Inc.
16. Michelin Group
17. Parker Hannifin Corporation
18. Pressure Systems International, LLC
19. PTG Reifendruckregelsysteme GmbH
20. SAF-HOLLAND GmbH
21. STEMCO Products Inc. by EnPro Industries, Inc.
22. ti.systems GmbH
23. Tire Pressure Control International Ltd.
24. Trans Technologies Company