Digital Tire Inflator Market: Expected To Grow At The Highest CAGR During The Forecast Period 2021-2031

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Digital Tire Inflator Market: Introduction

Digital tire inflators are designed to inflate tires and have digital displays installed in them. They have more specialized functions than air compressors. Tire inflators are portable and come with additional features such as emergency signals, flashlights, and USB ports. These inflators are lighter and smaller than air compressors. When used with combination units, digital tire inflators can be utilized to fill a flat tire; jumpstart any car battery; or charge any phone. The inflators have a durable LCD digital display protected by a large full body, which contains a rubber shock boot. Digital tire inflators are also capable of providing accuracy of +/- 1% full scale for inflate or deflate control.

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Key Drivers of the Digital Tire Inflator Market

  • Growing production and sale of automobiles are key drivers influencing the digital tire Inflator market. Also, growing concerns about driver safety are expected to encourage manufacturers to make improvements in various factors including traction of wear and tear resistance of tires.
  • The ability of digital tire inflators programmed for various units such as BAR, PSI, KPA, and KGF along with clear and easy to read digital display is expected to enhance their demand during the forecast period. Furthermore, various benefits associated with digital tire inflators such as long battery life, low battery-warning light, and high inflation and deflation rates are anticipated to positively impact the digital tire inflator market in the next few years.

Cordless Tire inflators Creating Opportunities in the Digital Tire Inflator Market

Cordless tire inflators ensure that people have a smooth journey on the road. It is an extremely handy accessory to purchase. Cordless tires are popular as they have a compact design, high performance, and extraordinary precision. Some of the parameters of cordless tire inflators are performance, price, accuracy, power and compatibility, among many others. These factors have created new opportunities for digital tire inflators globally.

Government Regulations on Tire Inflators a Restraint for the Digital Tire Inflator Market

According to the World Health Organization (WHO), over 20 to 50 million people suffer non-fatal or minor injuries and around 1.25 million people die due to road accidents worldwide every year. Therefore, various standards and regulations are being formulated to make manufacturers and consumers focus on tire performance parameters such as inflation and traction. Furthermore, several tire-related regulations imposed by governments are augmenting the use of tire inflators.

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Europe the Largest Market

Germany and France contribute the most to the digital tire inflator market.  The growing production of automobiles in regions such as the U.K, Germany, and France is offering new opportunities to increase demand for digital tire inflators in such regions.        

Key Players Operating in the Global Market

Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the digital tire inflator market are:

  • Hendrickson
  • Dana Limited
  • Pressure Guard
  • STEMCO
  • PSI
  • Nexter Group
  • PTG
  • Aperia Technologies
  • MasterFlow
  • Eastwood Digital, STC

The report on the digital tire inflator market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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