Global Automotive Automatic Tire Inflation System (ATIS) Market Size study, by Vehicle Type (Passenger Car, Commercial Vehicles) and Regional Forecasts 2020-2027

  • Report Code : BIZ2155846
  • Published On: Dec, 2020
  • Category : Automotive Parts
  • Pages : 200

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  • Global Automotive Automatic Tire Inflation System (ATIS) Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2020-2027. The automotive sector across the globe is growing rapidly due to rise in demand for advanced automotive system and technology. Nowadays, the automatic tire inflation system (ATIS) is extensively utilized to overcome the sources of tire underinflation through observing tire inflation pressure comparative to re-inflating tires and pre-set target whenever the perceived pressure is lower the target level. The enhanced automatic tire inflation system can increase tire productivity and boost fuel efficiency. These systems further provide vehicle safety and passenger comfort, thus accelerating the market growth all over the world. Moreover, the constant growth in production and sales of passenger car and commercial vehicles, along with rising concern relating to tire safety and persistent requirement for safer driving are the few factors responsible for the CAGR of the market during the forecast period. According to the International Organization of Motor Vehicle Manufacturers (OICA), the sales of commercial vehicle around the world was accounted 27 million units in the year 2019, representing an increase from 24.3 million units since 2016. Likewise, as per the source, the production of commercial vehicle in Europe was valued 2.78 million units in the year 2018, which increased to almost 2.83 million units in 2019. This, in turn, is likely to strengthen the demand for automotive automatic tire inflation system (ATIS), thereby contributing to the market growth around the world. However, the high cost of automatic tire inflation system is one of the prime factors inhibiting the market growth over the forecast period of 2020-2027.

    The regional analysis of the global Automotive Automatic Tire Inflation System (ATIS) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the escalating demand for extended tire life, better fuel efficiency, and driver comfort, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in production of passenger vehicles and commercial vehicles coupled with stringent government norms for vehicle safety in the developing nations, such as China and India, would create lucrative growth prospects for the Automotive Automatic Tire Inflation System (ATIS) market across the Asia-Pacific region.


    Major market player included in this report are:

    Aperia Technologies, Inc.

    Bridgestone Corporation

    Continental AG

    Goodyear Tire & Rubber Company

    Meritor, Inc.

    STEMCO Products Inc.

    Michelin

    Hankook Tire & Technology group

    Denso Corporation

    Pressure Systems International, Inc.

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-
    segment of the market are explained below:

    By Vehicle Type:

    Passenger Car

    Commercial Vehicles

    By Region:

    North America

    U.S.

    Canada

    Europe

    UK

    Germany

    France

    Spain

    Italy

    ROE

    Asia Pacific

    China

    India

    Japan

    Australia

    South Korea

    RoAPAC

    Latin America

    Brazil

    Mexico

    Rest of the World


    Furthermore, years considered for the study are as follows:

    Historical year – 2017, 2018

    Base year – 2019

    Forecast period – 2020 to 2027

    Target Audience of the Global Automotive Automatic Tire Inflation System (ATIS) Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers

    Investors

     

  • With tables and figures helping analyze worldwide Global Automotive Automatic Tire Inflation System (ATIS) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1. Executive Summary
    1.1. Market Snapshot
    1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    1.2.1. Automotive Automatic Tire Inflation System (ATIS) Market, by Region, 2018-2027 (USD Billion)
    1.2.2. Automotive Automatic Tire Inflation System (ATIS) Market, by Vehicle Type, 2018-2027 (USD Billion)
    1.3. Key Trends
    1.4. Estimation Methodology
    1.5. Research Assumption
    Chapter 2. Global Automotive Automatic Tire Inflation System (ATIS) Market Definition and Scope
    2.1. Objective of the Study
    2.2. Market Definition & Scope
    2.2.1. Scope of the Study
    2.2.2. Industry Evolution
    2.3. Years Considered for the Study
    2.4. Currency Conversion Rates
    Chapter 3. Global Automotive Automatic Tire Inflation System (ATIS) Market Dynamics
    3.1. Automotive Automatic Tire Inflation System (ATIS) Market Impact Analysis (2018-2027)
    3.1.1. Market Drivers
    3.1.2. Market Challenges
    3.1.3. Market Opportunities
    Chapter 4. Global Automotive Automatic Tire Inflation System (ATIS) Market: Industry Analysis
    4.1. Porter’s 5 Force Model
    4.1.1. Bargaining Power of Suppliers
    4.1.2. Bargaining Power of Buyers
    4.1.3. Threat of New Entrants
    4.1.4. Threat of Substitutes
    4.1.5. Competitive Rivalry
    4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
    4.2. PEST Analysis
    4.2.1. Political
    4.2.2. Economical
    4.2.3. Social
    4.2.4. Technological
    4.3. Investment Adoption Model
    4.4. Analyst Recommendation & Conclusion
    Chapter 5. Global Automotive Automatic Tire Inflation System (ATIS) Market, by Vehicle Type
    5.1. Market Snapshot
    5.2. Global Automotive Automatic Tire Inflation System (ATIS) Market by Vehicle Type, Performance - Potential Analysis
    5.3. Global Automotive Automatic Tire Inflation System (ATIS) Market Estimates & Forecasts by Vehicle Type 2017-2027 (USD Billion)
    5.4. Automotive Automatic Tire Inflation System (ATIS) Market, Sub Segment Analysis
    5.4.1. Passenger Car
    5.4.2. Commercial Vehicles
    Chapter 6. Global Automotive Automatic Tire Inflation System (ATIS) Market, Regional Analysis
    6.1. Automotive Automatic Tire Inflation System (ATIS) Market, Regional Market Snapshot
    6.2. North America Automotive Automatic Tire Inflation System (ATIS) Market
    6.2.1. U.S. Automotive Automatic Tire Inflation System (ATIS) Market
    6.2.1.1. Vehicle Type breakdown estimates & forecasts, 2017-2027
    6.2.2. Canada Automotive Automatic Tire Inflation System (ATIS) Market
    6.3. Europe Automotive Automatic Tire Inflation System (ATIS) Market Snapshot
    6.3.1. U.K. Automotive Automatic Tire Inflation System (ATIS) Market
    6.3.2. Germany Automotive Automatic Tire Inflation System (ATIS) Market
    6.3.3. France Automotive Automatic Tire Inflation System (ATIS) Market
    6.3.4. Spain Automotive Automatic Tire Inflation System (ATIS) Market
    6.3.5. Italy Automotive Automatic Tire Inflation System (ATIS) Market
    6.3.6. Rest of Europe Automotive Automatic Tire Inflation System (ATIS) Market
    6.4. Asia-Pacific Automotive Automatic Tire Inflation System (ATIS) Market Snapshot
    6.4.1. China Automotive Automatic Tire Inflation System (ATIS) Market
    6.4.2. India Automotive Automatic Tire Inflation System (ATIS) Market
    6.4.3. Japan Automotive Automatic Tire Inflation System (ATIS) Market
    6.4.4. Australia Automotive Automatic Tire Inflation System (ATIS) Market
    6.4.5. South Korea Automotive Automatic Tire Inflation System (ATIS) Market
    6.4.6. Rest of Asia Pacific Automotive Automatic Tire Inflation System (ATIS) Market
    6.5. Latin America Automotive Automatic Tire Inflation System (ATIS) Market Snapshot
    6.5.1. Brazil Automotive Automatic Tire Inflation System (ATIS) Market
    6.5.2. Mexico Automotive Automatic Tire Inflation System (ATIS) Market
    6.6. Rest of The World Automotive Automatic Tire Inflation System (ATIS) Market
    Chapter 7. Competitive Intelligence
    7.1. Top Market Strategies
    7.2. Company Profiles
    7.2.1. Aperia Technologies, Inc.
    7.2.1.1. Key Information
    7.2.1.2. Overview
    7.2.1.3. Financial (Subject to Data Availability)
    7.2.1.4. Application Summary
    7.2.1.5. Recent Developments
    7.2.2. Bridgestone Corporation
    7.2.3. Continental AG
    7.2.4. Goodyear Tire & Rubber Company
    7.2.5. Meritor, Inc.
    7.2.6. STEMCO Products Inc.
    7.2.7. Michelin
    7.2.8. Hankook Tire & Technology group
    7.2.9. Denso Corporation
    7.2.10. Pressure Systems International, Inc.
    Chapter 8. Research Process
    8.1. Research Process
    8.1.1. Data Mining
    8.1.2. Analysis
    8.1.3. Market Estimation
    8.1.4. Validation
    8.1.5. Publishing
    8.2. Research Attributes
    8.3. Research Assumption

     

  • The Global Automotive Automatic Tire Inflation System (ATIS) Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Aperia Technologies, Inc.
    • Bridgestone Corporation
    • Continental AG
    • Goodyear Tire & Rubber Company
    • Meritor, Inc.
    • STEMCO Products Inc.
    • Michelin
    • Hankook Tire & Technology group
    • Denso Corporation
    • Pressure Systems International, Inc.
    By Regions:
    • North America
    • U.S.
    • Canada
    • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • ROE
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • RoAPAC
    • Latin America
    • Brazil
    • Mexico
    • Rest of the World
    By Type:
      By Application:
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      Research objectives

      Where will all these developments take the industry in the long

      To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

      What are the future opportunities in the market?

      To understand the structure of Market by identifying its various subsegments.

      What are the major driving forces expected to impact the development of the market market across different regions?

      To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

      Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

      To project the consumption of market submarkets, with respect to key regions.

      Who are the major driving forces expected to decide the fate of the industry worldwide.

      To strategically profile the key players and comprehensively analyze their growth strategies.

      What are the key barriers and threats believed to hinder the development of the industry?

      To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

      Who are the prominent market players making a mark in the market with their winning strategies?

      To share detailed information about the key factors influencing the growth of the market

      What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

      Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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