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The automatic tire inflation system market is estimated to be USD 891.6 million in 2018 and is projected to reach USD 1,606.8<br>million by 2025, at a CAGR of 8.78%.
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Automatic Tire Inflation System Market by Type, Component ,On-Highway Vehicle,Off-Highway Vehicle ,and Region - Global Forecast to 2025 www.MarketsandMarkets.com
Central tire inflation system is the fastest growing segment of the automatic tire inflation system market, by type Extended tire life, improved productivity, and increased fuel efficiency are the drivers for growing the central tire inflation system market. The system provides 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 which limits tire damages. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=52126096
Commercial vehicle segment to acquire the largest share of automatic tire inflation system market, by on-highway vehicle The commercial vehicle segment is estimated to hold the largest share of the automatic tire inflation system market, by on-highway vehicle type. Growing government focus on installation of automatic tire inflation systems is expected to boost the market for the commercial vehicle segment. The US government was on the verge of mandating automatic tire inflation system in trucks in 2016 to reduce accidents related to tire malfunctioning. This mandate has not been approved until now. The US EPA is also focusing on tire inflation regulations. For instance, since September 1, 2010, the California Environmental Protection Agency mandated automotive service providers to inflate tires at a required air pressure during automotive maintenance or repair services. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=52126096
Browse >> 75market data tables 38figures 128pagesand in-depth TOC on “Automotive Tire Inflation Market- Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
North America: The largest market for the automatic tire inflation system market The North American region is estimated to hold the largest share, by value, of the automatic tire inflation system market in 2018. The demand for an automatic tire inflation system in this region is triggered by growing vehicle safety concerns. In addition, the North American automotive industry is one of the fastest growing industries in the world and is dominated by domestic OEMs such as Ford Motor Company and General Motors along with established European and Japanese OEMs. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=52126096
Target Audience: • The target audience of this report includes: • Automotive automatic tire inflation system manufacturers • Automotive component manufacturers • Automobile manufacturers • Automotive technology providers • Distributors and suppliers of automotive automatic tire inflation system • Electric vehicle manufacturers • Industry associations and automotive experts • Tier 1, Tier 2, and Tier 3 suppliers • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=52126096
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the OTR Tires Market. These include • WABCO (Belgium) • EnProIndustries (US) • Michelin (France) • Goodyear (US) • Dana Incorporated (US). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=52126096
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