Market Overview:
The global passenger vehicle tire inflator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and the subsequent increase in demand for tires. In addition, factors such as technological advancements and rising awareness about safety are also contributing to the growth of this market. The global passenger vehicle tire inflator market is segmented on the basis of type, application, and region. On the basis of type, it is divided into 12V type, 120V type, and rechargeable type. The 12V type segment dominates this market owing to its low cost and easy installation process. However, with technological advancements being made in this field on a regular basis; there is an increasing trend towards adoption of 120V or rechargeable types over 12 V types Passenger Vehicle Tire Inflators . This can be attributed to their high performance levels as well as longer life spans when compared with 12 V types Passenger Vehicle Tire Inflators . On the basis of application , it is classified into three segments: household use , automotive repair store use , and automotive manufacturers’ use . Of these segments; household use accounts for majority share in terms revenue generated followed by automotive repair store use Passenger Vehicle Tire Inflators .
Product Definition:
A passenger vehicle tire inflator is a device used to inflate or reinflate a passenger vehicle tire. Passenger Vehicle Tire Inflators are important because they allow drivers to maintain proper inflation pressure in their tires, which helps improve fuel economy, extend tread life, and increase the safety of the vehicle.
12V Type:
12V type tire inflators are designed to work with automotive batteries. They are used for the rapid inflation of tires in order to increase its driving range and avoid flat tires. 12 V inflators use a small electric motor as a driven mechanism, which is directly connected to the battery. The power source drives an air compressor, which is mounted on the vehicle’s frame or body via flexible hose.
120V Type:
The 120V type is used in passenger vehicle tire inflators. It is a standard voltage that can be found across the globe and it has been established by the General Services Administration (GSA). The 120V type offers better compatibility with electronic devices as compared to other types of voltage. Moreover, it also provides longer life span to electronic components due to low risk of corrosion which makes them work efficiently for a longer time period.
Application Insights:
The automotive repair store application segment accounted for the largest share of over 50.0% in 2017. This is attributed to growing awareness among consumers about maintaining their vehicles and infrastructural investments made by manufacturers for the maintenance of passenger cars and light commercial vehicles. The household application segment is expected to witness significant growth over the forecast period owing to increasing disposable income, especially in emerging economies such as China, India, Brazil and Mexico. Moreover, easy availability of electronic devices that can be used as portable tire inflators is also a major factor driving demand from households across these regions.
The automotive manufacturers are investing significantly in R&D activities related to electric passenger vehicle tires with an objective to reduce fuel consumption while improving road safety features including steering wheel position sensors and anti-lock brake systems (ABS).
Regional Analysis:
Asia Pacific dominated the global passenger vehicle tire inflator market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing automobile production, especially in China and India. Furthermore, rising disposable income of consumers coupled with improving standards of living are anticipated to fuel demand for automobiles in this region. Moreover, growing popularity of electric vehicles is further expected to drive product demand during the forecast period.
Europe accounted for a significant share owing to high concentration of automotive manufacturers such as BMW, Mercedes Benz among others based in Germany; Italy; France; UK among others which has resulted into high sales volume of passenger cars every year since 2010s resulting higher penetration rate for tire inflators across this region than other regions globally. However, Latin America regional market presents huge growth opportunities due to presence major players including Brastco SA., Tire Rack LLC.; Michelin Group S.A.; Bridgestone Americas Inc.; Goodyear Tire & Rubber Co., Ltd.
Growth Factors:
- Increasing demand for passenger vehicles
- Rising disposable income of consumers
- Technological advancements in inflator products
- Growing awareness about the benefits of using passenger vehicle tire inflators
- Government initiatives to promote the use of passenger vehicle tire inflators
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Tire Inflator Market Research Report
By Type
12V Type, 120V Type, Rechargeable Type
By Application
Household, Automotive Repair Store, Automotive Manufacturers
By Companies
Viar, Kensun, Slime, Windek, BonAire, Campbell Hausfeld, Black & Decker, Craftsman, Ryobi, Husky, Viar, Kobalt
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Tire Inflator Market Report Segments:
The global Passenger Vehicle Tire Inflator market is segmented on the basis of:
Types
12V Type, 120V Type, Rechargeable Type
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
Household, Automotive Repair Store, Automotive Manufacturers
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:
- Viar
- Kensun
- Slime
- Windek
- BonAire
- Campbell Hausfeld
- Black & Decker
- Craftsman
- Ryobi
- Husky
- Viar
- Kobalt
Highlights of The Passenger 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 Type
- 120V Type
- Rechargeable Type
- By Application:
- Household
- Automotive Repair Store
- Automotive Manufacturers
- 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 Passenger 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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- Correctly Positioning New Products
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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?
A Passenger Vehicle Tire Inflator is a device that inflates tires on passenger vehicles. It is typically used to replace flat or low-pressure tires.
Some of the major companies in the passenger vehicle tire inflator market are Viar, Kensun, Slime, Windek, BonAire, Campbell Hausfeld, Black & Decker, Craftsman, Ryobi, Husky, Viar, Kobalt.
The passenger vehicle tire 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 Passenger Vehicle Tire 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 Passenger Vehicle Tire Inflator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Vehicle Tire 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 Passenger Vehicle Tire 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 Passenger Vehicle Tire Inflator Market Size & Forecast, 2020-2028
4.5.1 Passenger Vehicle Tire Inflator Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Tire Inflator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 12V Type
5.2.2 120V Type
5.2.3 Rechargeable Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Automotive Repair Store
6.2.3 Automotive Manufacturers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Vehicle Tire 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 Passenger Vehicle Tire 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 12V Type
9.6.2 120V Type
9.6.3 Rechargeable Type
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Automotive Repair Store
9.10.3 Automotive Manufacturers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 12V Type
10.6.2 120V Type
10.6.3 Rechargeable Type
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Automotive Repair Store
10.10.3 Automotive Manufacturers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 12V Type
11.6.2 120V Type
11.6.3 Rechargeable Type
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Automotive Repair Store
11.10.3 Automotive Manufacturers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 12V Type
12.6.2 120V Type
12.6.3 Rechargeable Type
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Automotive Repair Store
12.10.3 Automotive Manufacturers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 12V Type
13.6.2 120V Type
13.6.3 Rechargeable Type
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Automotive Repair Store
13.10.3 Automotive Manufacturers
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 Passenger Vehicle Tire Inflator Market: Competitive Dashboard
14.2 Global Passenger Vehicle Tire Inflator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Viar
14.3.2 Kensun
14.3.3 Slime
14.3.4 Windek
14.3.5 BonAire
14.3.6 Campbell Hausfeld
14.3.7 Black & Decker
14.3.8 Craftsman
14.3.9 Ryobi
14.3.10 Husky
14.3.11 Viar
14.3.12 Kobalt
