Global Automatic Tire Inflation System Market Insights Forecasts to 2033

• The Global Automatic Tire Inflation System Market Size was Valued at USD 81.99 Million  in 2023
• The Market Size is Growing at a CAGR of 10.81% from 2023 to 2033
• The Worldwide Automatic Tire Inflation System Market Size is Expected to Reach USD 228.9 Million  by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Automatic Tire Inflation System Market Size is Anticipated to Exceed USD 228.9 Million by 2033, Growing at a CAGR of 10.81% from 2023 to 2033.

Market Overview

The automotive automatic tire inflation system market states the worldwide or local market where several parts and accessories used in the industrial, maintenance, and customization of bicycles are bought and sold.  Moreover, the global automotive automatic tire inflation system (ATIS) market refers to the manufacturing complex in the making and supply of systems designed to monitor and adjust tire pressure in vehicles robotically. An automatic tire inflation system is a particularly designed safety system, which is used to regulate tire air pressure fill the tire in case of low air pressure and concurrently release surplus air pressure from the vehicle tire while the vehicle is in motion.  Further, automotive automatic tire inflation systems are used transversely in numerous vehicle types, including passenger cars, commercial vehicles, and military applications, to improve safety, fuel efficiency, and tire longevity. Furthermore, the market extends various geographic regions and is obsessed with factors such as regulatory compliance, technological advancements, and an increasing focus on vehicle performance and environmental anxieties. In addition, vital players in the market manufacture, install, and service ATIS products to provide to consumer, commercial, and military vehicle needs.  An automatic tire inflation system contains a sequence of components such as several sensors and electronics that improve safety and develop effectiveness through augmented tire pressure. Moreover, with the progression in technology followed by the overview of advanced vehicles equipped with several safety features, the demand for automatic tire inflation systems has amplified, which ultimately boosts the automotive ATIS market.     

Report Coverage

This research report categorizes the market for the global automatic tire inflation system market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global automatic tire inflation system market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global automatic tire inflation system market.

Driving Factors

Strict safety rules and ethics in several countries have been strident automotive manufacturers to integrate advanced safety features, including tire inflation systems, to decrease accidents caused by underinflated tires. Moreover, enhanced fuel efficacy is significant for both consumers and automakers. Properly inflated tires decrease rolling resistance, which can lead to enhanced fuel economy. Consequently, ATIS can aid automakers meet stringent fuel efficiency standards. ATIS aids protract tire life by certifying that tires are properly inflated. An automatic tire inflation system reduces the occurrence of tire replacements and maintenance costs for vehicle holders. In addition, the growing adoption of these systems in heavyweight vehicles, which are extensively used in harsh environments, such as construction sites and rough terrain, is a main driver for the market. This is because of their vulnerability to changes in tire pressure owing to the differences in load, temperature, and terrain.

Restraining Factors

One of the main restraints for automatic tire inflation system implementation is the comparatively high initial cost of buying and installing the system. This can discourage some vehicle owners and manufacturers, particularly in price-sensitive markets. Automatic tire inflation systems need systematic maintenance and periodic repairs to confirm they function properly. High configuration difficulty attached to higher initial embedding cost bounds the installation of automatic tire inflator systems in vehicles, therefore restraining the development of the automotive automatic tire inflation system market.

Market Segmentation

The global automatic tire inflation system market share is classified into product type and vehicle type.

• The central tire inflation segment is expected to hold the largest share of the global automatic tire inflation system market during the forecast period.   

Based on the product type, the global automatic tire inflation system market is divided into central tire inflation and continuous tire inflation. Among these, the central tire inflation segment is expected to hold the largest share of the global automatic tire inflation system market during the forecast period. This can be attributed to the effectiveness of the central tire inflation system in handling tire pressure across numerous terrains. Central tire inflation system provides on-the-fly pressure alterations, perfect for diverse applications such as military vehicles, agricultural machinery, and off-road vehicles. The demand for flexible systems that augment vehicle performance in challenging terrains and focused operations is driving the enhanced adoption of the central tire inflation system as a valuable solution in the automatic tire inflation system market.

• The commercial vehicle segment is expected to hold the largest share of the global automatic tire inflation system market during the forecast period.   

Based on the vehicle type, the global automatic tire inflation system market is divided into commercial vehicles and passenger vehicles. Among these, the commercial vehicle segment is expected to hold the largest share of the global automatic tire inflation system market during the forecast period. The reason behind this is the growing importance of maintenance cost-saving and operational efficiency. Automatic tire inflation system benefits commercial navies by maintaining constant tire pressure, refining fuel efficiency, and reducing tire wear. As navy managers are ordering operational cost savings and safety, there is an augmented demand for automatic tire inflation systems to improve fuel economy, decrease maintenance, and ensure safer operations.

Regional Segment Analysis of the Global Automatic Tire Inflation System Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global automatic tire inflation system market over the predicted timeframe.

 North America is anticipated to hold the largest share of the global automatic tire inflation system market over the predicted timeframe. This can be attributed to the extremely strong automobile manufacturing existing in this region, and it is a center for many automotive industry manufacturers. Similarly, there has been growing demand for fuel economy, prolonged tire life, and customer comfort resulting in the development of the installation of automatic tire inflation systems in vehicles. Furthermore, demand for commercial and off-road vehicles is suggestively growing in North America due to the projected mining industry and increasing construction industry. This, in turn, is increasing the demand for automatic tire inflation systems in the region.

Asia Pacific is expected to grow at the fastest pace in the global automatic tire inflation system market during the forecast period. This is attributed to the economic expansion across countries like China and India has led to the swift development of commercial vehicle fleets. Apart from domestic demand, Asia Pacific is also developing as an export hub for automotive and logistic industries. This has amplified vehicle miles traveled and the importance of reducing operating expenditures. The automatic tire inflation system offers an effective solution to achieve tire pressure across long-haul trucks and cargo vehicles.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global automatic tire inflation system market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Aperia Technology Inc
• Parker Hannifin Corporation
• Meritor Inc
• Dana Limited
• SAF HOLLAND SE
• Hendrickson USA
• FTL INDEX
• Bigfoot Equipment LTD
• ti systems GmbH
• Goodyear Tire & Rubber Co.
• Michelin
• Bremsen Technik Group
• FTL/IDEX
• VIGIA
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2023, BFGoodrich Tires announced the BFGoodrich ActivAir, a fully integrated tire inflation system intended to improve off-road capabilities. The system allows drivers to adjust tire pressure without leaving their seats, providing convenience and flexibility in various off-road situations.

• In February 2022, Tesla patented the new on-the-go tire inflation system catering to both passenger cars and commercial vehicles. This system is anticipated to be compatible with the upcoming semi-truck as well.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global automatic tire inflation system market based on the below-mentioned segments: 

Global Automatic Tire Inflation System Market, By Product Type

• Central Tire Inflation
• Continuous Tire Inflation

Global Automatic Tire Inflation System Market, By Vehicle Type

• Commercial Vehicle
• Passenger Vehicle

Global Automatic Tire Inflation System Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa