Automatic Tire Inflation System Market Size, Top Players, and Forecast by 2031
Automatic Tire Inflation System Market: Strategic Insights
Automatic Tire Inflation System Market
-
CAGR (2023 - 2031)9.6% -
Market Size 2023
US$ 927.45 Million -
Market Size 2031
US$ 1,935.60 Million
Market Dynamics
GROWTH DRIVERS
- Increasing demand for demand for improving vehicles' fuel efficiency drives the market growth.
FUTURE TRENDS
- Increasing sale of the commercial heavy duty vehicles driving the market growth during the forecast period
OPPORTUNITIES
- Rising adoption and development of advanced technologies-based sensors for maintaining tire pressure are expected to create ample opportunity for market growth.
Key Players
- Aperia Technologies Inc
- Bridgestone Corporation
- Continental AG
- Goodyear Tire Rubber Company
- Meritor Inc
- Michelin Inc
- Hendrickson USA
- L L C
- Pirelli C S p A
- Dana Limited
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Continuous Tire Inflation
- Central Tire Inflation
Vehicle Type
- Passenger Cars and Commercial Vehicles