Automotive Automatic Tire Inflation System Market Size, Share, Growth Analysis, By Type (Central Tire Inflation system, Continuous Tire Inflation system), By Component (Air Delivery System, Buffer Tank), By Region - Industry Forecast 2024-2031

Global Automotive Automatic Tire Inflation System Market size was valued at around USD 654.3 million in 2022 and is expected to rise from USD 726.2 million in 2023 to reach a value of USD 1545.38 million by 2031, at a CAGR of 9.9% over the forecast period (2024–2031).

The global automotive automatic tire inflation system market is experiencing robust growth propelled by several key factors. The increased demand for all-terrain and military vehicles, coupled with a surge in the integration of safety features within vehicles, contributes significantly to this expansion. Additionally, the growing emphasis on driving comfort fuels the adoption of these systems. Despite these positive trends, challenges hinder the market's growth worldwide, including the high implementation costs and configuration complexities associated with these systems.

Moreover, the substitution of compressed air tires with nitrogen tires presents an obstacle to market expansion. However, amidst these challenges, there exist promising opportunities driven by technological advancements in vehicles and the integration of automatic tire inflation systems with telematics. These advancements are expected to pave the way for lucrative prospects, fostering the growth of the global automotive automatic tire inflation system market.

The automotive industry is experiencing rapid growth worldwide, largely propelled by the ever-evolving technological landscape. Companies within this sector are directing their attention towards robust research and development initiatives within the tire industry, particularly aimed at enhancing the frictional resistance properties of tire products. These dedicated R&D efforts represent a significant driver behind the burgeoning global market for automotive automatic tire inflation systems (ATIS). The emphasis on advancing tire technology to improve traction and frictional capabilities aligns closely with the escalating demand for more efficient and reliable tire systems, thus catalyzing the growth and adoption of automatic tire inflation systems within the automotive industry.