North America Automotive Automatic Tire Inflation System Market Size & Outlook
The automotive automatic tire inflation system market in North America is expected to reach a projected revenue of US$ 467.5 million by 2030. A compound annual growth rate of 9.3% is expected of North America automotive automatic tire inflation system market from 2024 to 2030.
Revenue, 2023 (US$M)
$250.2
Forecast, 2030 (US$M)
$467.5
CAGR, 2024 - 2030
9.3%
Report Coverage
North America
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North America automotive automatic tire inflation system market highlights
- The North America automotive automatic tire inflation system market generated a revenue of USD 250.2 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, central tire inflation system was the largest revenue generating type in 2023.
- Central Tire Inflation system is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 250.2 million |
| Market revenue in 2030 | USD 467.5 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Central tire inflation system |
| Fastest growing segment | Central Tire Inflation system |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Central Tire Inflation system |
Other key industry trends
- In terms of revenue, North America region accounted for 34.5% of the global automotive automatic tire inflation system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 341.2 million by 2030.
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Automotive Automatic Tire Inflation System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aperia Technologies | View profile | 251-500 | Burlingame, California, United States, North America | http://aperiatech.com |
| SAF-HOLLAND | View profile | 5001-10000 | Muskegon, Michigan, United States, North America | http://www.safholland.com/ |
| The Goodyear Tire & Rubber Company | View profile | - | Akron, Ohio, United States, North America | https://jobs.goodyear.com/ |
| Dana Inc | View profile | 42000 | 3939 Technology Drive, Maumee, OH, United States, 43537 | https://www.dana.com |
| Cummins Inc | View profile | 75500 | 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 | https://www.cummins.com |
| Denso Corp | View profile | 195471 | 1-1 Showa-cho, Kariya, Japan, 448-8661 | http://www.denso.co.jp |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
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