Global Passenger Vehicle Tire Inflator Market Size, Share, and Trends Analysis Report, By Type (12V Type, 120V Type, and Rechargeable Type), By Application (Household, Automotive Repair Store, and Automotive Manufacturers), Forecast (2022-2028)

The global passenger vehicle tire inflator market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). A tire inflator is a device used to inflate the tire of a vehicle, either manually or using an electrical power supply. A tire inflator is a specific type of air compressor that is specialized for tires. As with air compressors, tire inflators function by converting electric energy into potential energy which is then stored as pressurized air. The growing concerns regarding pollution and awareness of environmental protection are some of the driving factors for the growth of the passenger vehicle tire inflator market. In addition, it can improve mileage of vehicles. For instance, according to the US Department of Energy, inflating tires to their proper pressure can improve mileage by about 3.3%, whereas leaving them under-inflated can lower mileage by 0.4% for every one PSI drop in pressure of all four tires.

The market is segmented based on the type and application. Based on the type, the market is sub-segmented into 12V type, 120V type, and rechargeable type. 12V batteries are used in most vehicles as the electrical components such as the starter, lighting, and ignition systems are designed to operate on 12 volts. 12V type is used as they offer tire inflator features an auto shut-off function to prevent over-inflation after reaching the preset pressure limit. 120V Type tire inflator has found its application in automotive repair stores. Rechargeable type tire inflators are mostly used in passenger vehicles. They can be charged with a USB cable or an AC power adapter which is easy to use, and last for a longer time than other types of inflatable devices. In addition, they also come in different shapes such as cylinder shape (AA-size battery), and coin shape (AAA size battery) depending on people’s preferences, however, usually, cylinder shape is commonly used as it is easily stored inside cars.

Some major players in the market include Kensun Inc., Hendrickson, and Bon-Aire Industries, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in December 2021, Lucas Oil Products Inc. introduces a new tire inflator. The inflator is an easy-to-use, non-flammable tire inflator, and sealer for use in all passenger vehicles to quickly seal punctures and re-inflate a damaged tire.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered-
    • By Type
    • By Application
  • Regions Covered-
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
  • Competitive Landscape-Kensun Inc., Hendrickson, and Bon-Aire Industries, Inc., among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?
    • Deviation from the pre-COVID-19 forecast
    • Most affected region and segment
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Passenger Vehicle Tire Inflator Market Report by Segment

By Type

  • 12V Type
  • 120V Type
  • Rechargeable Type

By Application

  • Household
  • Automotive Repair Store
  • Automotive Manufacturers

Global Passenger Vehicle Tire Inflator Market Report by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The report will be delivered within 48-72 hours after payment confirmation