Market Overview:
The global electric vehicle tire inflator market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles across the globe. Additionally, factors such as technological advancements and rising awareness about the benefits of using electric vehicle tire inflators are also contributing to the growth of this market. The global electric vehicle tire inflator market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 12V, 120V, and rechargeable segments. The 12V segment is expected to hold a major share in terms of revenue in 2018 owing to its low cost and easy installation process as compared to other types available in the market. However, with increasing demand for advanced features in electric vehicles such as autonomous driving capabilities and longer battery life-cycles; 120V segment is projected register highest CAGR during forecast period from 2018-2030 In terms on application; personal use accounted for majority share (in terms revenue) followed by commercial use segments In 2017 And it Is Expected To maintain Its Dominance throughout The Forecast Period .Regionally North America Held Largest Share Of Global Electric Vehicle Tire Inflator Market Revenue In 2017 And Is Expected To Maintain Its Leadership Throughout Forecast Period .
Product Definition:
An electric vehicle tire inflator is a device used to inflate car tires with air. It plugs into the cigarette lighter outlet in the car and has a hose that attaches to the tire valve. When you turn on the inflator, it will start pumping air into the tire until it is fully inflated. An electric vehicle tire inflator is important because it can help you get back on the road if your tires go flat.
12V:
12V is the voltage range that most of the electric vehicles use. The growing demand for electric vehicles and increasing technological advancements are expected to drive 12V tire inflator market growth over the forecast period.
Electric vehicle (EV) industry has been witnessing significant growth over past few years, which in turn has increased demand for tires with enhanced performance and quality.
120V:
The 120V is a voltage used in electric vehicles that are charging the battery. It is also used by the electric vehicle drivers to inflate their tires. The 120V can be easily found at any home center or electronic store and costs around USD 40-50.
It’s easy to install as it comes with an attached cord and plug, no wiring or installation required.
Application Insights:
The personal vehicle segment held the largest share of over 70.0% in 2017. The growth can be attributed to growing demand for passenger vehicles among EV owners across the globe. Increasing number of manufacturers and dealers coupled with growing sales has resulted in high penetration of electric vehicles in various regions, which is expected to drive the market over the forecast period.
Commercial application is projected to expand at a CAGR exceeding 11% from 2018 to 2030 owing to increasing deployment of commercial EVs, such as bus and truck rentals by companies and government initiatives for promoting electric buses are anticipated to propel industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to various factors such as supportive government policies, increasing R&D activities by manufacturers and suppliers, presence of key companies in the region, and growing consumer awareness about electric vehicles. Moreover, high disposable income levels are also contributing toward higher sales of electric vehicles in this region.
Asia Pacific is anticipated to emerge as the fastest-growing regional market during the forecast period owing to rapid urbanization and increasing number of manufacturing facilities by leading players for improving their geographical footprint & customer base. In addition, countries such as China have been making huge investments in infrastructure development for passenger cars including charging stations which will further boost demand for inflators over the next eight years ending on 2030th September 2025th year along with Europe & North America regions due its large presence of EV manufacturers like Tesla Inc.
Growth Factors:
- Increasing demand for electric vehicles
- Government initiatives and subsidies for electric vehicles
- Rising awareness about the benefits of electric vehicles
- Technological advancements in electric vehicle tire inflators
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Tire Inflator Market Research Report
By Type
12V, 120V, Rechargeable
By Application
Personal, Commercial
By Companies
PSI, Dana Limited, Hendrickson (Boler Company), Nexter Group (KNDS Group), STEMCO (EnPro Industries), Tire Pressure Control International, Aperia Technologies, Pressure Guard (Servitech Industries), PTG (Michelin), TELEFLOW (Michelin)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Tire Inflator Market Report Segments:
The global Electric Vehicle Tire Inflator market is segmented on the basis of:
Types
12V, 120V, Rechargeable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PSI
- Dana Limited
- Hendrickson (Boler Company)
- Nexter Group (KNDS Group)
- STEMCO (EnPro Industries)
- Tire Pressure Control International
- Aperia Technologies
- Pressure Guard (Servitech Industries)
- PTG (Michelin)
- TELEFLOW (Michelin)
Highlights of The Electric Vehicle Tire Inflator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 12V
- 120V
- Rechargeable
- By Application:
- Personal
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicle Tire Inflator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric vehicle tire inflator is a device that helps increase the air pressure in tires to improve traction and prevent them from deflating.
Some of the major players in the electric vehicle tire inflator market are PSI, Dana Limited, Hendrickson (Boler Company), Nexter Group (KNDS Group), STEMCO (EnPro Industries), Tire Pressure Control International, Aperia Technologies, Pressure Guard (Servitech Industries), PTG (Michelin), TELEFLOW (Michelin).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Vehicle Tire Inflator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Vehicle Tire Inflator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Vehicle Tire Inflator Market - Supply Chain
4.5. Global Electric Vehicle Tire Inflator Market Forecast
4.5.1. Electric Vehicle Tire Inflator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Vehicle Tire Inflator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Vehicle Tire Inflator Market Absolute $ Opportunity
5. Global Electric Vehicle Tire Inflator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
5.3.1. 12V
5.3.2. 120V
5.3.3. Rechargeable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Vehicle Tire Inflator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Vehicle Tire Inflator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Vehicle Tire Inflator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Vehicle Tire Inflator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Vehicle Tire Inflator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Vehicle Tire Inflator Demand Share Forecast, 2019-2026
9. North America Electric Vehicle Tire Inflator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
9.7.1. 12V
9.7.2. 120V
9.7.3. Rechargeable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Vehicle Tire Inflator Demand Share Forecast, 2019-2026
10. Latin America Electric Vehicle Tire Inflator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
10.7.1. 12V
10.7.2. 120V
10.7.3. Rechargeable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Vehicle Tire Inflator Demand Share Forecast, 2019-2026
11. Europe Electric Vehicle Tire Inflator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Vehicle Tire Inflator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
11.7.1. 12V
11.7.2. 120V
11.7.3. Rechargeable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Vehicle Tire Inflator Demand Share, 2019-2026
12. Asia Pacific Electric Vehicle Tire Inflator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Vehicle Tire Inflator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
12.7.1. 12V
12.7.2. 120V
12.7.3. Rechargeable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Vehicle Tire Inflator Demand Share, 2019-2026
13. Middle East & Africa Electric Vehicle Tire Inflator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Vehicle Tire Inflator Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Vehicle Tire Inflator Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Vehicle Tire Inflator Market Size and Volume Forecast by Type
13.7.1. 12V
13.7.2. 120V
13.7.3. Rechargeable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Vehicle Tire Inflator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Vehicle Tire Inflator Market: Market Share Analysis
14.2. Electric Vehicle Tire Inflator Distributors and Customers
14.3. Electric Vehicle Tire Inflator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PSI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dana Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hendrickson (Boler Company)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nexter Group (KNDS Group)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. STEMCO (EnPro Industries)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tire Pressure Control International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aperia Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pressure Guard (Servitech Industries)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PTG (Michelin)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TELEFLOW (Michelin)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook