Global Automotive Automatic Tire Inflation System (ATIS) Market (2018-2022): Key Players are Hendrickson, Meritor, Michelin, Pressure Systems International, and Stemco Products - ResearchAndMarkets.com
Aug. 20, 2018
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Automotive Automatic Tire Inflation System (ATIS) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automotive automatic tire inflation system market is set to register a CAGR of 15.41% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
Market TrendsDevelopment of Intelligent Tire Technologies Development of Powerful MEMS Sensors for Accuracy & Precision Integration of Telematics with ATIS
Key VendorsHendrickson Meritor Michelin Pressure Systems International Stemco Products
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/9cnzr4/global_automotive?w=4
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Related Topics:Automotive Tires
INDUSTRY KEYWORD: AUTOMOTIVE TIRES & RUBBER
SOURCE: Research and Markets
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PUB: 08/20/2018 02:16 PM/DISC: 08/20/2018 02:16 PM