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Automatic tire inflation system (ATIS) is used to automatically inflate the vehicle tires whenever the internal pressure of the tire drops below the pre-set level.The Global Automotive Automatic Tire Inflation System Market to register a CAGR of 15.41% during the period 2018-2022
The Following Companies As The Key Players in the global automotive automatic tire inflation system (ATIS) market: Hendrickson, Meritor, MICHELIN, Pressure Systems International, and STEMCO Products.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive automatic tire inflation system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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One trend in the market is development of intelligent tire technologies. Although a combination of TPMS, electronic stability control (ESC), and anti-lock braking system (ABS) can interpret the tire conditions, these calculations tend to be wrong as the tires wear out or get replaced with another type.”
According to the report, one driver in the market is ATIS helps in reducing maintenance cost for fleet operators. ATIS helps in monitoring tire pressure continuously and automatically inflates the tires whenever the pressure level changes from a pre-set level. ATIS-fitted tire can help in improving the fuel efficiency of vehicles by 1.5% on an average depending on the duration of travel and vehicle type.
Further, the report states that one challenge in the market is fitment issues and additional maintenance of ATIS. Each manufacturer develops a different type of ATIS model and new updates for replacement, activation, reset, and decoding procedures. In addition, these new systems also require a detailed understanding of step-by-step service and maintenance procedures.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.marketreportsworld.com/global-automotive-automatic-tire-inflation-system-atis-market-2018-2022-12204284
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Release ID: 400926