Report Highlights
Automotive Tire Inflator Market Size and Forecast
According to Verified Market Research, the Global Automotive Tire Inflator Market was valued at USD 1,015.7 Million in 2018 and is expected to witness a growth of 4.78% from 2019-2026 and reach USD 1,465.6 Million by 2026. In terms of volume, the global Automotive Tire Inflator is expected to grow at a CAGR of 5.35% during the forecast period.
Global Automotive Tire Inflator Market Outlook
Market Drivers:
The convenience and time efficiency due to the use of automotive tire inflator and growing automotive industry is expected to drive the market. Tire inflators can be further classified as fixed and portable tire inflators. Fixed inflators are usually present in the garages. These inflators are a specific type of stationary air compressors which are found in workshops. With a growing scope of alternatives in the automotive industry, the scope of portable tire inflators is also growing. There is a rising demand for portable and practical tools in both passengers as well as commercial vehicles. Unlike regulatory stationary air compressors, portable compressors possess a unique feature of automatic settings.
Global Automotive Tire Inflator Market Segmentation
The global automotive tire inflator market is segmented on the basis of type, product, application, and geography. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
Global Automotive Tire Inflator Market Competitive Landscape
The “Global Automotive Tire Inflator Market” study report offers a valuable insight with an emphasis on global market including some of the major players such VIAIR Corporation, Kensun, Inc, Hendrickson, Slime (ITW Global Tire Repair Inc.), Bon-Aire Industries, Inc., Campbell Hausfeld (Marmon / Berkshire Hathaway Company), Coido, Guangzhou Meitun Electronic Commerce Co.Ltd. (Tirewell), and BLACK+DECKER Inc.
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