Global Automatic Tire Inflation System Market to 2025 - Integration of Smart Electronics Is Anticipated To Garner the Adoption of Automatic Tire Inflation Systems

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Aug 22, 2018, 10:30 ET

DUBLIN, Aug 22, 2018 /PRNewswire/ --

The "Automatic Tire Inflation System Market to 2025 - Global Analysis and Forecasts by Vehicle Type & Distribution Channel" report has been added to ResearchAndMarkets.com's offering.

The global automatic tire inflation system market is estimated to grow at a CAGR of 9.7% during the forecast period 2018 - 2025 and account to US$ 2,029.9 Mn by the year 2025.

The global automatic tire inflation system market is experiencing an intense growth with regards to the investments, stringent regulations, trials being carried out in different off-road vehicles and deployment for future in the current scenario and is anticipated to rise in the coming years. The automatic tire inflation system market consists of a handful of well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers.

Also, there are few important stakeholders in the automatic tire inflation system ecosystem that are involved in the end-to-end development of automatic tire inflation system technology and ensuring that the best service is made available for the users. Government funding for research & development, strategic partnerships between technology providers and tire manufacturers, technology providers and automotive OEMs are anticipated to enable huge surges in the automatic tire inflation system market over the forecast period.

APAC is expected to be the fastest growing region for the automatic tire inflation system market. The major reason for this is the huge automotive hub in China. Further, the regulations that mandate the integration of ATIS in the heavy commercial vehicles will lead to automotive OEMs vouching and integrating these systems. As China is the largest automotive hub in the world, highest market growth as well as market share is anticipated to be exhibited in this country.

The new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of automatic tire inflation systems market in the region. Geographically, North America will have the largest share in the automatic tire inflation system market by 2025, owing to rapid technological developments, numerous investments and supportive Government policies in North American countries.

Key Industry Dynamics

Key Market Drivers

Favourable Government Regulation
Demand For Enhancing Fuel Efficiency
Low Initial Cost and Easy Return On Investment

Key Market Restraints

Lack of Awareness In the Developing Countries

Key Market Opportunities

Growing OEM Market For Automotive Tire Inflation Systems In Asia Pacific

Future Trends

Integration of Smart Electronics Is Anticipated To Garner the Adoption of Automatic Tire Inflation Systems

The leading players in the automatic tire inflation system market are

PressureGuard
Haltec Corporation
Aperia Technologies, Inc.
Continental AG
Dana Limited
Michelin
STEMCO Products Inc.
Tire Pressure Control
Meritor, Inc.
Hendriksson USA, LLC

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Automatic Tire Inflation System Market Landscape

4. Automatic Tire Inflation System Market - Key Industry Dynamics

5. Automatic Tire Inflation System - Global Market Analysis

6. Automatic Tire Inflation Systems Market Revenue and Forecasts To 2025 - Vehicle Type

7. Automatic Tire Inflation System Market Analysis by Distribution Channel

8. Global Automatic Tire Inflation System- Geographical Analysis

9. Industry Landscape

10. Competitive Landscape

11. Automatic Tire Inflation System Market, Key Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/cw4brs/global_automatic?w=5

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SOURCE Research and Markets