Market Overview:
The global nitrogen tyre inflator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for nitrogen tyre inflators in passenger cars, motorcycles, buses, trucks and other applications. Additionally, the rising awareness about the benefits of using nitrogen tyre inflators is also contributing to the growth of this market. Some of the major factors that are restraining the growth of this market are high installation and maintenance costs and lack of technical expertise among consumers regarding its usage. The global nitrogen tyre inflator market can be segmented on the basis of type into automatic, manual and semi-automatic types. Passenger car held a dominant share in 2017 due to increasein demand for passenger cars across different regions .
Product Definition:
Nitrogen tyre inflators are devices used to inflate tyres with nitrogen gas instead of the more common air. The main benefits of using a nitrogen tyre inflator are that it helps to improve fuel economy, extend tyre life, and reduce the chance of a blowout.
Automatic:
The nitrogen tire inflator is an electronic device that automatically increases the pressure in a nitrogen-filled tire. It does this by heating the contents of the tire to approximately 200 degrees Celsius, which causes it to expand and fill more space. The product has several benefits over traditional methods such as manually pumping up tires; it provides better fuel economy, reduces CO2 emissions and uses less energy for inflation.
Manual:
Manual nitrogen tire inflator is a device used to inflate tires with the help of an air compressor. It is mostly used in cars and trucks that do not have an automatic tire inflation system. The manual nitrogen tire inflator has a dial or lever on its body which can be turned to increase the pressure in tires by making it inhale air from the compressor.
Application Insights:
The market is segmented by application into passenger car, motorbikes, BUS, trucks and others. The other applications include agricultural vehicles and aircraft. In 2017, the passenger car segment dominated the global market with a share of over 60% in terms of revenue as well as volume. Nitrogen inflation systems are majorly used in automobiles to enable comfortable driving conditions for long hours at a stretch.
The demand for nitrogen tires is expected to grow on account of their increasing use in commercial vehicles such as mini-vans and light trucks on account of their superior performance characteristics including high load capacity and longer life span compared to conventional air filled tires.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. The region has a large number of automobile manufacturers, which are continuously investing in research & development activities for developing innovative products. This is likely to drive product demand over the coming years.
Europe accounted for more than 25% of global revenue share in 2017 owing to high demand from countries such as Germany, France, Italy and U.K., among others due to rising concerns regarding safety issues with nitrogen-filled tires caused by underinflated ones.
North America was another key contributor followed by Asia Pacific that together accounted for more than half of total market volume share in 2017 owing to high production volumes from major tire manufacturing companies such as Bridgestone Corporation; Michelin; Goodyear Tire & Rubber Company;.
Growth Factors:
- Increasing demand for nitrogen tyre inflators from the automotive sector as a result of the increasing production of passenger cars and commercial vehicles
- Growing demand for nitrogen tyre inflators in emerging countries due to the expanding middle-class population and rising disposable incomes
- Technological advancements in nitrogen tyre inflator products that offer enhanced performance, safety, and durability
- Rising awareness about the benefits of using nitrogen tyre inflators among consumers, which is resulting in an increase in adoption rates
- The increasing number of distribution channels for nitrogen tyre inflators across regions, which is making these products more accessible to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitrogen Tyre Inflator Market Research Report
By Type
Automatic, Manual, Semi-Automatic
By Application
Passenger Car, Motorcycles, BUS, Trucks, Others
By Companies
Bosch, Nova Gas Techniques, KARJOYS, NitroFill, ATS Euromaster, Pneumatic Components Limited (PCL), Eskay International, Zhuhai EST M&E Equipment Co., Ltd, Precision Testing Machines PVT. LTD, Sky Autotech, Bosch, Pneumatic Tools and Compressors Ltd, Airtec Corporation, Tyre Bay Direct
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Nitrogen Tyre Inflator Market Report Segments:
The global Nitrogen Tyre Inflator market is segmented on the basis of:
Types
Automatic, Manual, Semi-Automatic
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
Passenger Car, Motorcycles, BUS, Trucks, Others
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:
- Bosch
- Nova Gas Techniques
- KARJOYS
- NitroFill
- ATS Euromaster
- Pneumatic Components Limited (PCL)
- Eskay International
- Zhuhai EST M&E Equipment Co., Ltd
- Precision Testing Machines PVT. LTD
- Sky Autotech
- Bosch
- Pneumatic Tools and Compressors Ltd
- Airtec Corporation
- Tyre Bay Direct
Highlights of The Nitrogen Tyre 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:
- Automatic
- Manual
- Semi-Automatic
- By Application:
- Passenger Car
- Motorcycles
- BUS
- Trucks
- Others
- 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 Nitrogen Tyre 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?
Nitrogen Tyre Inflator is a device that helps to inflate tyres.
Some of the major companies in the nitrogen tyre inflator market are Bosch, Nova Gas Techniques, KARJOYS, NitroFill, ATS Euromaster, Pneumatic Components Limited (PCL), Eskay International, Zhuhai EST M&E Equipment Co., Ltd, Precision Testing Machines PVT. LTD, Sky Autotech, Bosch, Pneumatic Tools and Compressors Ltd, Airtec Corporation, Tyre Bay Direct.
The nitrogen tyre inflator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nitrogen Tyre Inflator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Nitrogen Tyre Inflator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Nitrogen Tyre Inflator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Nitrogen Tyre Inflator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Nitrogen Tyre Inflator Market Size & Forecast, 2018-2028 4.5.1 Nitrogen Tyre Inflator Market Size and Y-o-Y Growth 4.5.2 Nitrogen Tyre Inflator Market Absolute $ Opportunity
Chapter 5 Global Nitrogen Tyre Inflator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Nitrogen Tyre Inflator Market Size Forecast by Type
5.2.1 Automatic
5.2.2 Manual
5.2.3 Semi-Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nitrogen Tyre Inflator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Nitrogen Tyre Inflator Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Motorcycles
6.2.3 BUS
6.2.4 Trucks
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nitrogen Tyre Inflator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nitrogen Tyre Inflator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Nitrogen Tyre Inflator Analysis and Forecast
9.1 Introduction
9.2 North America Nitrogen Tyre Inflator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Nitrogen Tyre Inflator Market Size Forecast by Type
9.6.1 Automatic
9.6.2 Manual
9.6.3 Semi-Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Nitrogen Tyre Inflator Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Motorcycles
9.10.3 BUS
9.10.4 Trucks
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Nitrogen Tyre Inflator Analysis and Forecast
10.1 Introduction
10.2 Europe Nitrogen Tyre Inflator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Nitrogen Tyre Inflator Market Size Forecast by Type
10.6.1 Automatic
10.6.2 Manual
10.6.3 Semi-Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Nitrogen Tyre Inflator Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Motorcycles
10.10.3 BUS
10.10.4 Trucks
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Nitrogen Tyre Inflator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nitrogen Tyre Inflator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Nitrogen Tyre Inflator Market Size Forecast by Type
11.6.1 Automatic
11.6.2 Manual
11.6.3 Semi-Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Nitrogen Tyre Inflator Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Motorcycles
11.10.3 BUS
11.10.4 Trucks
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Nitrogen Tyre Inflator Analysis and Forecast
12.1 Introduction
12.2 Latin America Nitrogen Tyre Inflator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Nitrogen Tyre Inflator Market Size Forecast by Type
12.6.1 Automatic
12.6.2 Manual
12.6.3 Semi-Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Nitrogen Tyre Inflator Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Motorcycles
12.10.3 BUS
12.10.4 Trucks
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Nitrogen Tyre Inflator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nitrogen Tyre Inflator Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Nitrogen Tyre Inflator Market Size Forecast by Type
13.6.1 Automatic
13.6.2 Manual
13.6.3 Semi-Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Nitrogen Tyre Inflator Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Motorcycles
13.10.3 BUS
13.10.4 Trucks
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nitrogen Tyre Inflator Market: Competitive Dashboard
14.2 Global Nitrogen Tyre Inflator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Nova Gas Techniques
14.3.3 KARJOYS
14.3.4 NitroFill
14.3.5 ATS Euromaster
14.3.6 Pneumatic Components Limited (PCL)
14.3.7 Eskay International
14.3.8 Zhuhai EST M&E Equipment Co., Ltd
14.3.9 Precision Testing Machines PVT. LTD
14.3.10 Sky Autotech
14.3.11 Bosch
14.3.12 Pneumatic Tools and Compressors Ltd
14.3.13 Airtec Corporation
14.3.14 Tyre Bay Direct