Frequently Asked Questions:
The COVID-19 pandemic negatively impacted the automotive industry and hampered the growth of the global automatic tire inflation system market.
In 2021, North America held the largest share of the global automotive automatic tire inflation system market.
Increased tire and drivetrain life from using an automatic tire inflation system and rising concerns about vehicle safety are expected to drive the market in the coming years. In addition, the growing demand for advanced technologies, such as an automatic tire inflation system that improves fuel economy and lowers maintenance costs, is also expected to drive market expansion.
The compressor segment had a major global market share in 2021.
The central tire inflation system segment had a major global market share in 2021.