AUTOMATIC TIRE INFLATION SYSTEM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Automatic Tire Inflation System Market Size and Trends

The automatic tire inflation system market is estimated to be valued at USD 2.23 Bn in 2024 and is expected to reach USD 3.93 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

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The market is expected to witness significant growth during the forecast period. The growth of the market is attributed to growing concerns regarding vehicle safety and efficiency. Major automakers are focusing on incorporating automatic tire inflation systems to offer enhanced safety, comfort, and fuel efficiency. Additionally, the adoption of advanced tire pressure monitoring systems (TPMS) in commercial vehicles will further boost the demand for automatic tire inflation systems. Reducing maintenance cost is also encouraging large fleet operators to equip their vehicles with ATIS. Stringent regulations regarding vehicle safety and fuel economy are further expected to promote the adoption of automatic tire inflation systems.

Safety Concerns Leading to Stringent Government Regulations

As automotive safety continues to be a major priority for both consumers and governments across the world, tire safety in particular has come under increased scrutiny in recent years. For instance, the California Air Resources Board (ARB) enforces regulations to reduce greenhouse gas emissions from vehicles operating inefficiently with under inflated tires. These regulations apply to vehicles with a gross vehicle weight rating of 10,000 pounds (lbs.) or less. Tire failures and under inflation have been identified as significant contributors in road accidents.

In response, regulatory agencies are introducing newer safety standards mandating technologies that can automatically monitor and maintain optimal tire pressure levels. For commercial fleets that carry passengers or goods, penalties for non-compliance with tire safety norms have also been made more stringent. This is prompting large fleet operators to adopt automatic tire inflation systems especially integrated with remote fleet monitoring systems. Such systems not only ensure compliance but also deliver efficiency gains through reduced fuel consumption and lower maintenance costs associated with improperly inflated tires over long distances and varying outdoor conditions. Significant research is also ongoing to apply similar tire pressure monitoring on passenger vehicles through either retrofits or direct OEM integration. If regulatory support increases for passenger vehicles as well, it could lead to a massive uptick in aftermarket installations and factory fits of automatic tire inflation technology across multiple vehicle categories.

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Growing Demand for Active Vehicle Maintenance and Preventive Fleet Management

With the rapid growth of connected vehicles and integrated vehicle health management systems, there is a discernible shift in preferences towards active and predictive vehicle maintenance over traditional time- or mileage-based servicing. Telematics allow real-time tracking of various vehicle parameters and remote diagnosis of anomalies. This has created the demand for automotive solutions that can autonomously detect and address minor issues before they escalate into expensive repairs or downtime. Keeping tires at their optimal pressure falls right within this paradigm of proactive upkeep of commercial vehicles.

Automatic tire inflation systems address one of the most common yet easily preventable causes of truck breakdowns - underinflated tires. For fleets running on tight schedules with driver turnovers, remotely checking inflation levels and adjusting pressures ensures tire health is never compromised due to human errors of omission or commission. The predictive maintenance capabilities as well as the ability to receive tire pressure alerts help fleet managers better plan their operations, maintenance cycles and inventory.

For instance, Haltec’s automatic tire inflation systems provide a precision tool to maintain properly inflated tires with high speed and accuracy for commercial fleet management. Haltec’s custom manufactured 89MTIS Series inflates 1-5 wheels simultaneously with 0.3 PSI accuracy.