Home > Automotive > Aftermarket > Maintenance and Service > Automatic Tire Inflation System (ATIS) Market

Automatic Tire Inflation System (ATIS) Market Size

  • Report ID: GMI7270
  • Published Date: Nov 2023
  • Report Format: PDF

A PHP Error was encountered

Severity: Warning

Message: getimagesize(utomatic Tire Inflation System Market Size</h2> <p>Automatic Tire Inflation System Market size was valued at USD 0.85 billion in 2022 and is anticipated to register a CAGR of over 10% between 2023 and 2032. The increasing demand for heavy-duty vehicles is driving the expansion of the market.<br width=): failed to open stream: No such file or directory

Filename: v2_reports/body1.php

Line Number: 256

Backtrace:

File: /home/admin/web/gminsights.com/public_html/application/views/v2_reports/body1.php
Line: 256
Function: getimagesize

File: /home/admin/web/gminsights.com/public_html/application/views/v2_layouts/master_header_footer.php
Line: 1098
Function: view

File: /home/admin/web/gminsights.com/public_html/application/controllers/Reports.php
Line: 667
Function: view

File: /home/admin/web/gminsights.com/public_html/index.php
Line: 305
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: getimagesize(utomatic Tire Inflation System Market Size</h2> <p>Automatic Tire Inflation System Market size was valued at USD 0.85 billion in 2022 and is anticipated to register a CAGR of over 10% between 2023 and 2032. The increasing demand for heavy-duty vehicles is driving the expansion of the market.<br width=): failed to open stream: No such file or directory

Filename: v2_reports/body1.php

Line Number: 256

Backtrace:

File: /home/admin/web/gminsights.com/public_html/application/views/v2_reports/body1.php
Line: 256
Function: getimagesize

File: /home/admin/web/gminsights.com/public_html/application/views/v2_layouts/master_header_footer.php
Line: 1098
Function: view

File: /home/admin/web/gminsights.com/public_html/application/controllers/Reports.php
Line: 667
Function: view

File: /home/admin/web/gminsights.com/public_html/index.php
Line: 305
Function: require_once

Automatic Tire Inflation System Market Size

Automatic Tire Inflation System Market size was valued at USD 0.85 billion in 2022 and is anticipated to register a CAGR of over 10% between 2023 and 2032. The increasing demand for heavy-duty vehicles is driving the expansion of the market.

To understand key trends  
Download Free Sample
 

 

Automatic Tire Inflation System Market

To understand market opportunities  
Download Free Sample
 

According to International Energy Agency, in 2022, the global electric bus and medium- to heavy-duty truck sales surged with China leading the market. China's dominance was notable, accounting for around 80% of global electric bus sales and 85% of electric medium- to heavy-duty truck sales. Chinese brands, popular for their Electric Vehicles (EVs), expanded their presence in Latin America, North America, and Europe, signifying the growing influence of Chinese manufacturers in these regional markets for sustainable transportation solutions.

 

The increasing advancements such as smart sensors, integration with ADAS system, real-time adjustments and many more in ATIS are fuelling market progress by offering improved efficiency, enhanced sensor technology, and IoT integration. These innovations provide better tire pressure maintenance, reducing vehicle downtime, optimizing fuel consumption, and ensuring safety. For instance, in September 2023, Infineon launched Xensiv SP49, an intelligent tire pressure monitoring sensor. This sensor offers advanced capabilities for intelligent tire functions, enabling on-tire auto-position sensing, aiding in inflation, detecting tire blowouts, and monitoring load. Its design enhances tire safety and performance with innovative & precise monitoring features.

 

The high initial investments pose a challenge to market demand. The significant upfront expenses for acquiring and installing ATIS may deter potential buyers, impacting their cost-benefit analysis. Convincing vehicle owners or fleet operators of the long-term value and cost savings from improved fuel efficiency and reduced maintenance remains a barrier for wider ATIS adoption across vehicle segments.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The automatic tire inflation system market was valued at USD 0.85 billion in 2022 and is anticipated to register a CAGR of over 10% between 2023 and 2032, backed by the increasing demand for heavy-duty vehicles.

The commercial vehicle segment held around 90% market share in 2022 and is poised for growth through 2032, as ATIS benefits commercial fleets by maintaining consistent tire pressure, improving fuel efficiency, and reducing tire wear, thus improving operational efficiency and reducing maintenance cost.

North America ATIS market was worth USD 0.27 billion in 2022 and is poised for significant growth in the coming years due to the increasing adoption of ATIS in the regional commercial and military vehicle sectors for fuel efficiency, reduced maintenance costs, and safety in commercial fleet.

The Goodyear Tire & Rubber Company, Hendrickson USA, L.L.C., Aperia Technologies inc., Dana Limited, PARKER HANNIFIN CORP, Meritor, Inc., and Michelin.

Automatic Tire Inflation System Market Scope

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 323
  • Countries covered: 21
  • Pages: 250
 Download Free Sample