Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor PR_Automotive Automatic Tire Inflation System Mark | Page 2

Another driver likely to boost the global automotive automatic tire inflation system market is the
reduction in tire maintenance costs. Maintaining optimum tire pressure at all times is vital in ensuring
long-lasting tires. This reduces tire wear and tear, leading to longer tire life and less maintenance costs.
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.
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