The automatic tire inflation system market size is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for automatic tire inflation systems is driven by various factors, including tire and drivetrain life, vehicle fuel economy, demand for safety features, and improved performance on different driving surfaces.
Rapid advancements in tire technologies, rising demand for increased miles per gallon (MPG), and extension of tire life have compelled automakers to offer tire inflation systems in vehicles. The rising tire safety regulations for vehicles also drive the integration of tire inflation systems in vehicles. Automotive OEMs are investing in R&D activities to introduce innovative tire inflation systems to enhance ride comfort. For example, in 2021, John Deere designed eight series tractors with a new central tire inflation system (CTIS), allowing quick tire pressure adjustments from the cab and continually monitoring and adjusting tire pressure with a button.
The presence of large farmlands in Europe and North America may generate a need for large farm tractors that will increase the demand for ATISs. Also, the same regions have a great dependence on trucks and trailers. These vehicles cover long distances on concrete roads, which causes overheating of tires and improper variation in tire pressure, decreasing tire life. These factors will prompt the demand for ATIS in this market.
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The central tire inflation system segment is estimated to lead the market in value during the forecast period due to the higher demand for ATISs by type. Central tire inflation systems provide smooth driving conditions for the driver. They offer an advantage over continuous tire inflation systems by creating a larger area between the tire and the surface that limits tire damage. Recent developments in CTIS include the use of integrated sensor technologies. These sensors provide real-time data on tire pressure, temperature, and other parameters, allowing for accurate monitoring and adjustment. Additionally, advancements in wireless communication systems enable seamless integration of CTIS controls into vehicle dashboards. The CTIS market is estimated to grow at a CAGR of 11.7% over the forecast period.
The farm tractor is the largest off-highway vehicle application for ATIS. These vehicles require low tire pressure for better operation and high fuel efficiency. When tire pressure reduces, the tire’s footprint becomes broader, and the load circulates over a larger area. Load circulation helps decrease the motion resistance in soft soils. As the tire pressure reduces, the fuel efficiency and performance of the tires improve. The automatic tire inflation system lowers the tire pressure of agricultural tractors, which results in better fuel efficiency and high performance. The farm tractors ATIS market is anticipated to grow at a CAGR of 14.4% over the forecast period.
The OEM segment holds the largest share of the sales channel in the ATIS market. The OEM segment is projected to grow at a CAGR of 10.7% during the forecast period. OEMs are employing the ATIS in vehicles and are designing the chassis as per the requirement of the ATIS. The demand for ATIS in the OE market is growing due to increased tire blowouts, improved tire life, and fuel efficiency.
The growing demand for electric trucks, especially heavy-duty trucks, is expected to fuel the futuristic demand for ATIS. This is mainly due to increasing vehicle electrification and the need for enhanced battery output and efficiency to achieve longer driving distances. This is expected to drive growth for the ATIS market globally. These ATIS completely enhance the performance of EVs, thereby driving its market.
The ATIS market in the North American region is projected to be the largest under the review period. In 2023, the US was the largest market for automatic tire inflation systems for on-highway vehicles in the region, with a market share of 94%, followed by Canada (4%) and Mexico (2%). North America is the largest manufacturer of light commercial vehicles and has a higher demand for large SUVs and pick trucks enabled with luxury features for on- and off-road activities. ATIS could be a differentiating factor in winning new customers as this application helps inflate or deflate pressure as per the terrain requirement. The increasing number of commercial trailers is expected to boost the growth of the ATIS market to support fleet operators to avoid downtime costs. US is also home to many ATIS manufacturers such as EnPro Industries, Goodyear Tire & Rubber Company, Dana Incorporated, IDEX Corporation, The Boler Company, Airgo Systems, Aperia Technologies, Haltec Corporation, Pressure Systems International, Opladen LLC, Trans Technologies Company. These companies develop new innovative products to expand the ecosystem of ATIS further. These factors would allow us to notice a notable growth in the automatic tire inflation system market for all vehicle types.
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