| Product Code: ETC4576825 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automatic tire inflation system market import shipments experienced significant growth with a CAGR of 26.2% from 2020 to 2024. The growth rate between 2023 and 2024 slowed slightly to 4.2%, indicating a stabilization in the market's expansion trajectory. Overall, the market exhibited strong momentum and a positive growth trend during the period.
Automatic Tire Inflation Systems (ATIS) are gaining attention in the India commercial vehicle sector. These systems help maintain proper tire pressure, thereby improving fuel efficiency and extending tire life. The India ATIS market reflects a commitment to sustainable and cost-effective transportation solutions.
The India Automatic Tire Inflation System market is being driven by several factors. Firstly, there is a growing emphasis on road safety in the country, and tire maintenance is a crucial aspect of it. Automatic tire inflation systems ensure that the tires are properly inflated at all times, reducing the risk of accidents caused by underinflated tires. Secondly, the logistics and transportation industry in India is expanding rapidly, leading to increased demand for commercial vehicles. These vehicles benefit significantly from automatic tire inflation systems, as they improve fuel efficiency and extend tire life. Additionally, the India government is tightening regulations related to vehicle safety and emissions, making it imperative for vehicle manufacturers to adopt advanced technologies like automatic tire inflation systems to comply with these standards.
The India Automatic Tire Inflation System market confronts challenges linked to the adoption of advanced tire technology in the commercial vehicle segment. This includes issues with retrofitting older vehicles and ensuring system robustness in India road conditions.
The automatic tire inflation system market in India faced challenges during the pandemic due to reduced vehicle usage and maintenance. As the transportation sector recovers, there could be increased adoption of tire inflation systems for commercial vehicles to enhance safety and efficiency.
In India, the automatic tire inflation system market is growing, with key players such as WABCO, Michelin, Dana Limited, STEMCO, and Haltec Corporation leading the way.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automatic Tire Inflation System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automatic Tire Inflation System Market Revenues & Volume, 2021 & 2031F |
3.3 India Automatic Tire Inflation System Market - Industry Life Cycle |
3.4 India Automatic Tire Inflation System Market - Porter's Five Forces |
3.5 India Automatic Tire Inflation System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Automatic Tire Inflation System Market Revenues & Volume Share, By On-Highway Vehicle, 2021 & 2031F |
3.7 India Automatic Tire Inflation System Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 India Automatic Tire Inflation System Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.9 India Automatic Tire Inflation System Market Revenues & Volume Share, By Electric Heavy Duty Vehicles, 2021 & 2031F |
3.10 India Automatic Tire Inflation System Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 India Automatic Tire Inflation System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on vehicle safety and efficiency |
4.2.2 Growing demand for commercial vehicles in India |
4.2.3 Government regulations mandating the use of tire pressure monitoring systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for automatic tire inflation systems |
4.3.2 Lack of awareness among consumers regarding the benefits of automatic tire inflation systems |
4.3.3 Limited availability of skilled technicians for installation and maintenance |
5 India Automatic Tire Inflation System Market Trends |
6 India Automatic Tire Inflation System Market, By Types |
6.1 India Automatic Tire Inflation System Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automatic Tire Inflation System Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Automatic Tire Inflation System Market Revenues & Volume, By Central Tire Inflation System, 2021-2031F |
6.1.4 India Automatic Tire Inflation System Market Revenues & Volume, By Continuous Tire Inflation System, 2021-2031F |
6.2 India Automatic Tire Inflation System Market, By On-Highway Vehicle |
6.2.1 Overview and Analysis |
6.2.2 India Automatic Tire Inflation System Market Revenues & Volume, By LDV, 2021-2031F |
6.2.3 India Automatic Tire Inflation System Market Revenues & Volume, By HDV, 2021-2031F |
6.3 India Automatic Tire Inflation System Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 India Automatic Tire Inflation System Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 India Automatic Tire Inflation System Market Revenues & Volume, By Construction, 2021-2031F |
6.4 India Automatic Tire Inflation System Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 India Automatic Tire Inflation System Market Revenues & Volume, By Rotary Union, 2021-2031F |
6.4.3 India Automatic Tire Inflation System Market Revenues & Volume, By Compressor, 2021-2031F |
6.4.4 India Automatic Tire Inflation System Market Revenues & Volume, By Pressure Sensor, 2021-2031F |
6.4.5 India Automatic Tire Inflation System Market Revenues & Volume, By Housing, 2021-2031F |
6.4.6 India Automatic Tire Inflation System Market Revenues & Volume, By Air Delivery System, 2021-2031F |
6.4.7 India Automatic Tire Inflation System Market Revenues & Volume, By Ecu, 2021-2031F |
6.5 India Automatic Tire Inflation System Market, By Electric Heavy Duty Vehicles |
6.5.1 Overview and Analysis |
6.5.2 India Automatic Tire Inflation System Market Revenues & Volume, By Battery Electric Vehicle, 2021-2031F |
6.5.3 India Automatic Tire Inflation System Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle, 2021-2031F |
6.5.4 India Automatic Tire Inflation System Market Revenues & Volume, By Fuel Cell Electric Vehicle, 2021-2031F |
6.6 India Automatic Tire Inflation System Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 India Automatic Tire Inflation System Market Revenues & Volume, By OEM, 2021-2031F |
6.6.3 India Automatic Tire Inflation System Market Revenues & Volume, By After Market, 2021-2031F |
7 India Automatic Tire Inflation System Market Import-Export Trade Statistics |
7.1 India Automatic Tire Inflation System Market Export to Major Countries |
7.2 India Automatic Tire Inflation System Market Imports from Major Countries |
8 India Automatic Tire Inflation System Market Key Performance Indicators |
8.1 Adoption rate of automatic tire inflation systems in commercial vehicle fleets |
8.2 Percentage reduction in fuel consumption and tire wear after implementing automatic tire inflation systems |
8.3 Number of government initiatives promoting the use of tire pressure monitoring systems |
9 India Automatic Tire Inflation System Market - Opportunity Assessment |
9.1 India Automatic Tire Inflation System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Automatic Tire Inflation System Market Opportunity Assessment, By On-Highway Vehicle, 2021 & 2031F |
9.3 India Automatic Tire Inflation System Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 India Automatic Tire Inflation System Market Opportunity Assessment, By Component, 2021 & 2031F |
9.5 India Automatic Tire Inflation System Market Opportunity Assessment, By Electric Heavy Duty Vehicles, 2021 & 2031F |
9.6 India Automatic Tire Inflation System Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 India Automatic Tire Inflation System Market - Competitive Landscape |
10.1 India Automatic Tire Inflation System Market Revenue Share, By Companies, 2024 |
10.2 India Automatic Tire Inflation System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |