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.
A full report Passenger Vehicle Tire Inflator Market of is available at: https://orionmarketreports.com/passenger-vehicle-tire-inflator-market/102489/
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
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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