Automotive Tire Inflator Market Worth USD 1,465.6 Million by 2026


Posted April 15, 2020 by jennysmith

Automotive Tire Inflator Market size is projected to grow from USD 1,015.7 Million in 2018 to USD 1,465.6 Million by 2026, at a CAGR of 4.78% from 2019 to 2026.

 
“Global Automotive Tire Inflator Market, By Type (12V, 120V, and Rechargeable), By Product (Portable, and Fixed), By Application (Passenger and Commercial) and Region- Global Market Size, Status and Forecast to 2026″, published by Verified Market Research.

The Global Automotive Tire Inflator Market size is projected to grow from USD 1,015.7 Million in 2018 to USD 1,465.6 Million by 2026, at a CAGR of 4.78% from 2019 to 2026. Convenience & time efficiency and growing automotive industry is expected to support market growth during the forecast period.

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Browse in-depth TOC on “Global Automotive Tire Inflator Market”

129 – Tables
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111 – Pages

In terms of type, the 12V segment is estimated to be the fastest-growing type in the Global Automotive Tire Inflator market during the forecast period.

By product, the market is classified into Portable, and Fixed. Global Automotive Tire Inflator Market for a portable segment is expected to be largest till 2026. Portable tire inflator is a device that is used to inflate tires quickly and effectively while being contained in a package small enough to store in the boot of a car or in a garage. The portable tire inflator consists of features such as lightly built, automatic cut off, LCD screen, and additional nozzle attachment which can be used for a variety of purposes.

In terms of application, the passenger is expected to hold the major share in the forecast period. The tire inflators are very useful in case if you get a flat tire, puncture or roadside emergency. The availability of fixed tire inflators is comparatively less in a remote location, in such cases, the demand for portable tire inflator gains importance. There are types of tire inflators which rely on battery power, while other runs on the car battery.

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The North America region is projected to account for the largest share in the Global Automotive Tire Inflator market during the forecast period from 2019 to 2026.

Tire inflators help in maintaining the tire pressure as per the requirement. Therefore, manufacturers are providing portable as well as fixed tire inflators for vehicles. This will boost the market in US. The demand for tire inflators has gained traction due to growing awareness and regulation for vehicle safety. The proper inflation of tire helps to maintain the tire life and work of the vehicle. Use of tire inflators helps to maintain the pressure of tire along with with increase the tire life with 10%.

Key players

VIAIR Corporation, Kensun, Inc, Hendrickson, Slime (ITW Global Tire Repair Inc.), Bon-Aire Industries, Inc., Campbell Hausfeld (Marmon / Berkshire Hathaway Company), Coido, Guangzhou Meitun Electronic Commerce Co.Ltd. (Tirewell), and BLACK+DECKER Inc. are the key players operating in the Global Automotive Tire Inflator market.

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Issued By vmr
Country United States
Categories Business
Tags automotive tire inflator market
Last Updated April 15, 2020