United States, Europe, Middle East and Africa Automotive Tire Inflator Market By Product (Portable, Non-Portable), By Type (Central Tire Inflation, Continuous Tire Inflation), By Component (ECU, Compressor, Pressure Sensor), By End Users (Passenger Vehicles, Two Wheelers, Off Road, Recreational Vehicles (RV)), By Geographic Scope And Forecast
United States Europe Middle East and Africa Automotive Tire Inflator Market
United States, Europe, Middle East and Africa Automotive Tire Inflator Market By Product (Portable, Non-Portable), By Type (Central Tire Inflation, Continuous Tire Inflation), By Component (ECU, Compressor, Pressure Sensor), By End Users (Passenger Vehicles, Two Wheelers, Off Road, Recreational Vehicles (RV)), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
United States, Europe, Middle East and Africa Automotive Tire Inflator Market By Product (Portable, Non-Portable), By Type (Central Tire Inflation, Continuous Tire Inflation), By Component (ECU, Compressor, Pressure Sensor), By End Users (Passenger Vehicles, Two Wheelers, Off Road, Recreational Vehicles (RV)), By Geographic Scope And Forecast
United States, Europe, Middle East and Africa Automotive Tire Inflator Market Size And Forecast
United States, Europe, Middle East and Africa Automotive Tire Inflator Market size was valued at USD 736.95 Million in 2022 and is projected to reach USD 1,149.75 Million by 2030, growing at a CAGR of 5.72% from 2024 to 2030.
The ‘United States, Europe, and MEA Automotive Tire Inflator Market’ is witnessing significant growth owing to various driving factors such as the growing automobile industry in countries such as U.S., Germany, and UK. Moreover, the growing e-commerce and online retail are anticipated to create new opportunities for the U.S., Europe, and MEA Automotive Tire Inflator Market as the customers have several options. The US, Europe, Middle East and Africa report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market Definition
An automotive tire inflator is a specific type of air compressor specialized for tires. The tire inflators convert electric energy into potential energy stored as pressurized air. This pressurized gas ensures there is no longer a need for the persistent pumping of the manual tire inflators of the past. Tire inflators are crucial in maintaining optimal tire pressure, which is essential for improved fuel efficiency, safe and efficient vehicle operation, and enhanced tire longevity. Tire inflators provide an efficient and convenient solution to address flat or underinflated tires, ensuring drivers avoid potential hazards and have a smoother driving experience.
Tire inflators typically comprise a compact unit with a pressure gauge, air compressor, and sometimes a storage compartment for accessories such as cords and nozzles. The inflators can be powered by various sources, such as household electrical outlets (120V A.C.), vehicle power outlets (12V D.C.), or rechargeable batteries. Some inflator models are designed for portable use and can be carried in the vehicle for on-the-go tire inflation, while others are more suitable for workshop or garage use.
Tire inflators serve various purposes beyond simply addressing flat tires. They are valuable tools for routine tire maintenance, ensuring that tires remain at optimal pressure levels as specified by the vehicle manufacturer. Properly inflated tires contribute to better handling, optimal fuel efficiency, improved traction, and reduced tire wear. Moreover, maintaining the correct tire pressure is integral for road safety, as overinflated or underinflated tires can affect vehicle stability, reduce braking efficiency, and increase the risk of accidents.
What's inside a industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market Overview
The ‘United States, Europe, and MEA Automotive Tire Inflator Market’ is witnessing significant growth owing to various driving factors such as the growing automobile industry in countries such as U.S., Germany, and UK. The demand for tire inflators is growing due to technological advancements undertaken by the key players to provide their customers with technologically advanced products equipped with features such as digital meters and auto-shut-off features that enhance the device’s ease of use.
However, the considerably high prices of specific models of tire inflators are anticipated to hinder market growth. The adoption of the higher priced tire inflators is attributed to less in regions with price-sensitive customers. Moreover, the growing e-commerce and online retail are anticipated to create new opportunities for the U.S., Europe, and MEA Automotive Tire Inflator Market as the customers have several options.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market Segmentation Analysis
The United States, Europe, Middle East and Africa Automotive Tire Inflator Market is segmented based on Product, Type, Component, End Users, and Geography.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market, By Product
Portable
Non-Portable
To Get a Summarized Market Report By Product-
Portable segment accounted for the largest market share of 62.63% in 2022. Portable inflators are versatile tools that can be used for various applications beyond tire inflation. They can inflate sports equipment, inflatable toys, air mattresses, and more, making them useful in a range of situations. Portable inflators are especially valuable during road trips, camping, and travel, where access to gas stations might be limited. They ensure that drivers are prepared for unexpected tire issues in remote areas. Regular tire maintenance contributes to longer tire lifespan and optimal performance. Portable inflators encourage consistent tire care, resulting in reduced tire wear and the need for replacements. The segment accounted for a market value of USD 461.57 Million in 2022 and is projected to grow at a CAGR of 6.20% during the forecast period. Non-Portable was the second-largest market in 2022, valued at USD 275.38 Million in 2022; it is projected to grow at a CAGR of 4.87%.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market, By Type
Central Tire Inflation
Continuous Tire Inflation
Central Tire Inflation accounted for the largest market share of 68.78% in 2022. CTI systems enhance vehicle stability and handling by ensuring consistent tire pressure across all tires. This is crucial in critical situations, such as sudden manoeuvres or emergency stops. In vehicles that carry varying payloads, CTI systems allow operators to adjust tire pressure to match the weight being carried. This ensures optimal tire performance and load distribution. The segment accounted for a market value of USD 506.90 Million and is projected to grow at a CAGR of 6.52% during the forecast period. Continuous Tire Inflation was the second-largest market in 2022, valued at USD 230.04 Million in 2022; it is projected to grow at a CAGR of 3.75%.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market, By Component
ECU
Compressor
Pressure Sensor
Others
ECU accounted for the largest market share of 32.64% in 2022. The ECU can log historical tire pressure data, which can be useful for vehicle maintenance and diagnostics. This data can help identify patterns, issues, and potential areas for improvement. In connected vehicles, the ECU can transmit tire pressure information to the vehicle manufacturer or service centre, allowing them to provide remote assistance, notifications, and even schedule maintenance appointments. The segment accounted for a market value of USD 240.52 Million and is projected to grow at a CAGR of 4.08% during the forecast period. Compressor was the second-largest market in 2022, valued at USD 207.76 Million in 2022; it is projected to grow at a CAGR of 5.44%. However, Pressure Sensor is projected to grow at the highest CAGR of 6.19%.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market, By End User
Passenger Vehicles
Two Wheelers
Off Road
Recreational Vehicles (RV)
To Get a Summarized Market Report By End User-
Passenger car accounted for the largest market share of 40.77% in 2022. Automobile tire inflators have been used in passenger cars for tire maintenance, security, and convenience. There are some significant uses for passenger cars’ automotive tire inflators. An automotive tire inflator’s primary function is to fill tires with the necessary air pressure. Better tire longevity, fuel efficiency, and vehicle handling are all guaranteed by adequately inflated tires. The segment accounted for a market value of USD 300.42 Million and is projected to grow at the highest CAGR of 6.43% during the forecast period. Two Wheelers was the second-largest market in 2022, valued at USD 195.80 Million in 2022; it is projected to grow at a CAGR of 5.85%.
United States, Europe, Middle East and Africa Automotive Tire Inflator Market, By Geography
US
Europe
Middle East and Africa
The United States, Europe and MEA Automotive Tire Inflator Market is experiencing a scaled level of attractiveness in the region. The European region has a prominent presence and holds the major share of the US, Europe, and MEA market. Europe is anticipated to account for a significant market share of 51.18% in 2022. The region is projected to gain an incremental market value of USD 175.88 Million and is projected to grow at a CAGR of 5.96% between 2024 and 2030.
The European region has a prominent presence and holds the major share of the US, Europe, and MEA market. The market is majorly driven due to the increasing penetration of two-wheelers, four-wheelers, electric vehicles, safety regulations, eco-friendly and sustainable driving, long-distance travel, changing weather conditions, and increasing DIY maintenance.
Key Players
The major players in the market are VIAIR Corporation, Kensun Inc., Hendrickson, Slime (ITW Global Tire Repair Inc.), Bon-Aire Industries Inc., Campbell Hausfeld (Marmon / Berkshire Hathaway Company), PSI, Aperia Technologies, Pneumatic Components Ltd, BLACK+DECKER Inc., Nexter Group, Dana Limited, STEMCO, Goodyear, Continental Automotive, TELEFLOW, Meritor, Michelin, Craftsman, Airgo System, and Others. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Entity benchmarking and SWOT analysis.
Ace Matrix Analysis
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
Sample Report for United States, Europe, Middle East and Africa Automotive Tire Inflator Market By Product (Portable, Non-Portable), By Type (Central Tire Inflation, Continuous Tire Inflation), By Component (ECU, Compressor, Pressure Sensor), By End Users (Passenger Vehicles, Two Wheelers, Off Road, Recreational Vehicles (RV)), By Geographic Scope And Forecast
