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Automatic Tire Inflation System (ATIS) Market Trends

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

Automatic Tire Inflation System Market Trends

The integration of Internet of Things (IoT) technology is an emerging trend in the market. IoT integration offers real-time tire pressure monitoring, data analytics, and remote diagnostics, enhancing ATIS capabilities. By connecting tire sensors to IoT networks, ATIS can provide predictive maintenance alerts, efficient data collection, and remote accessibility. This trend enables advanced functionalities, improving vehicle safety, reducing maintenance costs, and promoting efficient tire pressure management across vehicle types.
 

The increasing focus on eco-friendly transportation solutions is driving the adoption of ATIS in the market. ATIS helps in maintaining optimal tire pressure, reducing fuel consumption, and consequently lowering emissions. By ensuring tires are consistently inflated to the recommended pressure, ATIS improves fuel efficiency and reduces carbon emissions, aligning with sustainability goals. This trend positions ATIS as a solution supporting eco-conscious practices within the automotive sector, fostering its adoption for greener transportation alternatives.

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

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