Global Tyre inflators market: Introduction
Tyre inflators have an accurate and legible pressure gauge, and it is designed to inflate the tyre with more special function than the air compressors. 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 tyre. The tyre inflators can the increase life of tire, improve gas mileage, and prevent tire blowouts by keeping tires inflated to the proper pressure.
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Global Tyre inflators market: Dynamics
Increasing production and sales of automobiles are projected to positively influence the market in the near future. Additionally, growing concerns about driver safety are anticipated to encourage manufacturers for making improvements traction of wear and tear resistance of tires. Also, rising demand for personal and other types of vehicles is expected to create growth prospects for tyre manufacturers for apprehending production efficiencies of automobiles. Furthermore, several tyre related regulations imposed by governments are raising the use of tyre inflators.
Several tyre related regulations imposed by governments are increasing the use of inflators thereby driving the tyre inflators market. Various standards and regulations are being formulated for making consumers and manufacturers focus on tyre performance parameters such as traction and inflation. According to the World Health Organization (WHO), around 1.25 million people die due to road accidents, and over 20 to 50 million people suffer minor injuries worldwide every year. The increasing production of automobiles in Europe is expected to drive the tyre inflators market in the region. Heavy duty tyre inflator is vandal resistant enclosure and weatherproof. The tyre inflator is suitable for any location like aircraft hangers, military vehicle depots, service centres, coach and bus depots, mining sites, and transport yards. However, cost of tyre inflator continues to be a limiting factor for the growth of tyre inflator market in the forecasted period.
Prominent manufacturers involved in the tyre inflators market are continuously focusing on expanding manufacturing plants, increasing research and development, and investing significantly in the global tyre inflators market.
Global Tyre inflators market: Segments
The global tyre inflators market can be segmented on the basis of product type, technology, channel, etc.
On the basis of by Product Type, global tyre inflators market can be segmented as:
- Portable tyre inflator
- Wall mounted tyre inflator
On the basis of by Technology, global tyre inflators market can be segmented as:
- Conventional tyre inflator
- Digital tyre inflator
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Global Tyre inflators market: Regional Outlook
Tyre inflators market is dominated by Europe as the Increasing demand for automobiles, which is likely to drive the inflator tyre market in the region over the forecast period. North America in tyre inflator market is expected to follow by Europe and projected to follow same trend in the upcoming year. Asia Pacific in tyre inflators market is expected to follow after North America. Several regulation related to tyre is raising in developing nations such as China, and India expected to drive tyre inflators market extensively in the Asia Pacific. In India, BIS Quality Control (QC) Order imposed that all aerial tyres must have ISI mark print on the tyres sidewall. North America in the tyre inflators market is expected to be followed by Asia Pacific over the forecast years. Middle East & Africa is expected to account for small share in the overall market. However demand for tyre inflators market is expected to grow at significant pace over the near future.
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Global Tyre inflators market: Key participants
Some of the key players involved in the global tyre inflators market are Coido Corporation, Instrument Research Associates (IRA), Nova Gas Techniques Ltd., Airtec Corporation, Pressure Systems International, Inc., Craftsman, Hendrickson USA, L.L.C., Pressure Guard, STEMCO, Nexter Group, PTG, Aperia Technologies, Inc., MasterFlow, Eastwood Digital, Campbell Hausfeld, VIAIR Corporation, Wagan Corporation, and some others.