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Showing posts with the label Automatic Tire Inflation System Market

Automatic Tire Inflation System Market Projected to Reach $1,606.8 Million by 2025

  The report  “ Automatic Tire Inflation System Market  by Type (Central & Continuous), Component (ECU, Compressor, & Pressure Sensor), On-Highway Vehicle (PC & CV), Off-Highway Vehicle (Agriculture & Construction), and Region – Global Forecast to 2025″ , 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 million by 2025, at a CAGR of 8.78%. The automatic tire inflation system efficiently increases tire life, vehicle performance, and safety. This will help grow the automatic tire inflation system market in developed as well as developing regions. Growing focus of governments on safety regulations to reduce road accidents is expected to drive the automatic tire inflation system market. 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 ...

Automatic Tire Inflation System Market Booming by Top Players WABCO, EnPro Industries, Michelin and Goodyear

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 million by 2025, at a CAGR of 8.78%. Enhanced fuel efficiency, increased tire life, and decreased downtime are the key factors driving the automatic tire inflation market.    The governments have started focusing on safety regulations to reduce road accidents. For instance, 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. Download Free PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52126096 The c...