Global Tire Inflators Market Size, Share, and Trends Analysis Report, By Type (12V Type and 24V Type), By Application (Household, Automotive Repair Stores, and Automotive Manufacturers), Forecast (2022-2028)
The global tire inflators market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028). 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. Some inflators are smaller than air compressors and have features such as USB ports, flashlights, and emergency signals. The inflator can be utilized to jumpstart a car battery and fill a flat tire. Tire inflators can the increase life of tires, improve gas mileage, and prevent tire blowouts by keeping tires inflated to the proper pressure.
With the significant production and sales of automobiles, growing concerns about driver safety encourage manufacturers for making improvements in the wear and tear resistance of tires. This, in turn, is driving the growth of the global tire inflators market. Additionally, significant demand for different kinds of vehicles, and several tire-related regulations imposed by the government are raising the use of tire inflators, which in turn, is accelerating the growth of the market. For instance, according to World Health Organization (WHO), approximately 1.3 million people die each year due to road accidents, owing to which tire inflators are important. However, high cost of tire inflators is the restraining factor for the growth of the market.
Some major players in the market include Kensun Inc., Bon-Aire Tire Co., and Campbell Hausfeld, 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. The Smile Pro-Series super-duty tire inflator is regarded as a potential tire inflator. It connects directly to the battery, fills up a tire in 1.5 minutes, and includes a removable LED light, rugged carry case, and an accurate liquid-filled tire pressure gauge.
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., Bon-Aire Tire Co., and Campbell Hausfeld, 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 Tire Inflators Market Report by Segment
By Type
- 12V Type
- 24 Type
By Application
- Household
- Automotive Repair Stores
- Automotive Manufacturers
Global Tire Inflators 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