Market Overview

Global Automotive Automatic Tire Inflation System Market 2018-2022| Key Facts and Figures| Technavio

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The global automotive automatic tire inflation system market is expected
to post a CAGR of over 15% during the period 2018-2022, according
to the latest market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

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Technavio has published a new market research report on the global automotive automatic tire inflati ...

Technavio has published a new market research report on the global automotive automatic tire inflation system market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is ATIS helps in reducing
maintenance cost for fleet operators. ATIS helps in monitoring tire
pressure continuously and automatically inflates the tires whenever the
pressure level changes from a pre-set level. ATIS-fitted tire can help
in improving the fuel efficiency of vehicles by 1.5% on an average
depending on the duration of travel and vehicle type. Considering the
average current fuel costs of USD 3-10 per gallon, a minimum of USD 900
is saved for a 1,00,000-mile drive, especially for fleet operators of
commercial vehicles, which are primarily used for long-haul operations.

This market research report on the global
automotive automatic tire inflation system (ATIS) market 2018-2022

also provides an analysis of the most important trends expected to
impact the market outlook during the forecast period. Technavio
classifies an emerging trend as a major factor that has the potential to
significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
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market snapshot before purchasing

In this report, Technavio highlights the development of powerful MEMS
sensors for accuracy and precision as one of the key emerging trends in
the global automotive automatic tire inflation system market:

Global automotive automatic tire inflation
system market: Development of powerful MEMS sensors for accuracy and
precision

Sensors are a fundamental part of advanced driver assisted safety
systems and have played a crucial role in their design and development.
Sensors and processors are the primary system components that perform
the function of monitoring and processing the vehicle data. A few
automotive players are working on new tire pressure monitoring
technologies that include the use of MEMS sensors, which are designed to
accurately measure the pressure as well as the temperature in the tire.

"A new passive radio-frequency identification sensor technology is
under development, which would make the measurement process easy and
convenient. This technology would help the customer to measure the tire
pressure by just moving the vehicle over the drive-over mats or with the
help of hand-held remote devices. The upcoming new technology would not
only make the system more efficient and accurate but also imbibe more
durability and reliability into the system. Also, the technology would
make way for easy maintenance, which would result in longer lifecycle of
the tire,"
says a senior analyst at Technavio for research on
automotive electronics.

Global automotive automatic tire inflation
system market: Segmentation analysis

This market research report segments the global automotive automatic
tire inflation system market by application (trailers and trucks) and
geographical regions (APAC, EMEA, and the Americas).

The trailers segment held the largest market share in 2017, accounting
for nearly 67% of the market. However, by 2022, the trucks segment is
expected to dominate the market with 57% market share.

The Americas led the market in 2017 with a market share of nearly 91% of
the market share. The market share occupied by this region is
anticipated to decrease by nearly 2% during 2018-2022.

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Market Landscape

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  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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