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Automotive Automatic Tire Inflation System Market 2018
Automotive Automatic Tire Inflation System Market Report: Information by Type (Central Tire, Continuous
Tire and others), Sales Channel (OEM and Aftermarket), Vehicle Type (Passenger Car, Commercial Vehicle,
Electric Vehicle) - Global Forecast to 2023
Automotive Automatic Tire Inflation System Market Share, Size, Trends, And Business Opportunity
Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Automatic Tire
Inflation System Market report is helpful for future strategy development, and to know about Market
Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to
2023
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Competitive Analysis:
Key players in the global automotive automatic tire inflation system market include Goodyear Tire and
Rubber Company, Aperia Technologies Inc., CODA Development, Denso Corporation, Hankook Tire,
Bridgestone Corporation, Michelin, Pirelli, and STEMCO Products Inc.
Segmental Analysis:
The global automotive automatic tire inflation system market is segmented by product type into central
tire inflation, continuous tire inflation, and others. On the basis of vehicle type, the market has been
segmented into passenger vehicles, commercial vehicles, and electric vehicles. On the basis of sales
channel, the automatic tire inflation system market has been segmented into OEM and aftermarket.
Rising electric vehicle sales are likely to remain an important factor for the global automatic tire inflation
system market. Electric vehicles are being considered a necessary step in combating the environmental
damage caused by conventional vehicles, and are equipped with a number of measures to ensure
maximum environmental benefit. Automatic tire inflation systems, which help maximize the fuel
efficiency of a vehicle, are likely to be installed on a number of electric vehicles in the coming years,
leading to strong demand. On the other hand, the high cost of automatic tire inflation systems is the key
factor holding back their widespread adoption.
Regional Analysis:
On the basis of region, the global automotive automatic tire inflation system market is segmented into
North America, Europe, Asia Pacific, and Rest of the World. Europe is likely to lead the global automatic
tire inflation system market over the forecast period due to the strong regulatory support to safety
initiatives and environmental initiatives, as well as the growing production of electric vehicles in the
region.
Market Research Future (MRFR) has announced the release of a new report on the global automatic tire
inflation system market. The report takes into account the regional, type, and application segmentation
of the global automatic tire inflation system market and presents forecasts from 2017 till 2023.
Automotive automatic tire inflation systems are used to maintain a stable pressure in all four tires at all
times. An automatic tire inflation system senses when a vehicle is experiencing high duress, and