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As the market share of automatic tire inflation system market grows from US$ 2.2 Billion in 2023 to over US$ 3.6 Billion in 2033, its net worth is forecast to reach over US$ 3.6 billion by 2033. The global market for automatic tire inflation systems is expected to register a CAGR of 5.2% between 2023 and 2033 due to increased fuel demand and the need to increase tire life expectancy.

A rise in the demand for all-terrain and military vehicles, an increase in safety features in vehicles, and a need for increased passenger comfort all contribute to the growth of the global automotive automatic tire inflation system market.

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Due to its several advantages, including improved fuel efficiency and extended tire life, automatic tire inflation systems are becoming increasingly popular in emerging economies, particularly in developing countries. The majority of the market for automatic tire inflation systems is driven by the increase in vehicle automation, as well as the increase in vehicle automation.

In the global automotive automatic tire inflation system market, technological advancements and integration with telematics are expected to boost revenues.

Key Takeaways from the Automatic Tire Inflation System Market Study

The automatic tire inflation system is expected to increase at a notable CAGR of 5.2%.
North America dominates the market for automatic tire inflation systems.
Asia Pacific region is expected to grow at the fastest rate with an increased revenue share.
Backed by the steadily expanding manufacturing hubs and growing demand from the automotive sector, China is the hotspot for stakeholders in the global automatic tire inflation system industry.
Germany is the dominating country in Europe’s automatic tire inflation system industry and is set to remain in that position through 2033.
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Competitive Landscape for the Automatic Tire Inflation System Market

There are several manufacturers who have introduced multi-performance variants of their products in an attempt to expand their product portfolios and attract consumers from a variety of industry verticals. An imperative part of a company's marketing strategy is to increase its market position by executing strategies such as mergers and acquisitions. In order to improve its position in the market, the company has implemented these strategies in order to remain competitive and gain a competitive advantage. Automatic tire inflation system manufacturers have invested heavily in R&D, resulting in several novel products that can be used across the previously niche market.

Some major companies in the automatic tire inflation system market include

Dana Incorporated, Meritor, Inc., EnPro Industries, Inc., Nexter Group, Servitech Industries, Inc., Hendrickson USA, L.L.C., Tire Pressure Control International Ltd., PTG Reifendruckregelsysteme GmbH, Aperia Technologies, Inc., Systems GmbH, Bigfoot Equipment Ltd., Tibus Offload Ltd. & Co. KG, AIR CTI, FTL Technology Limited, Col-Ven S.A.

Recent Developments in the Automatic Tire Inflation System Market

Michelin has introduced Zen@Terra, an all-around solution that allows tractor tire air pressure to be adjusted. In partnership with Masternaut (France), Michelin acquired one of the major European telematics companies. Masternaut Telematics provides TPMS which can be interfaced with onboard ATIS/CTIS systems for a user-friendly experience.
As an option on their 8R series tractor, John Deere (US) will offer a home-built ATIS system in 2021.
AIR CTI launched its new AIR Central Tire Inflation System, LMTV Tire Inflation System, and others a couple of years back.
In February 2022, Tesla patented the first ever on-the-go tire inflation system catering to both passenger cars and commercial vehicles. The upcoming semi-truck is also expected to be compatible with this system.

What are the neighbouring land uses surrounding the farmland in chennai?

The neighbouring land uses surrounding farmland in Chennai can vary depending on the specific location. However, in general, here are some common types of neighbouring land uses you might find:
Agricultural land: There might be other farmland adjacent to or in close proximity to the farmland you are considering. This can create a cluster of agricultural activities in the area.
Residential areas: Chennai is a densely populated city, so it is possible to have residential neighbourhoods near farmland. These areas may include residential housing complexes, individual homes, or gated communities.
Industrial zones: Depending on the location, there might be industrial zones or industrial estates near the farmland. These areas could consist of factories, warehouses, or manufacturing units.
Commercial areas: Some farmland may be situated near commercial zones where businesses, markets, shops, or commercial activities are prevalent.
Water bodies: Chennai has several water bodies, including lakes, reservoirs, and rivers. Farmland near such water bodies may have irrigation advantages or scenic views.
It's important to note that Chennai is a rapidly developing city, and land use patterns can change over time. Therefore, it is advisable to conduct a site visit or consult local authorities to get the most accurate and up-to-date information on the neighbouring land uses surrounding the farmland you are interested in.

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Tuna Fish Market Business Opportunities, Top Manufacture, Growth By 2030

The global tuna fish market size was valued at USD 41.06 billion in 2022. The market is projected to grow from USD 42.08 billion in 2023 to USD 51.25 billion by 2030, recording a CAGR of 2.86% during the forecast period of 2023-2030.


List of Key Players Profiled in the Tuna Fish Market Report:

Bolton Group (Italy)
Century Pacific Foods Inc. (Philippines)
The Jealsa Rianxeira S.AU. Group (Spain)
Grupo Albacore S.A. (Spain)
ITOCHU Corporation (Japan)
Thai Union Group Inc. (Thailand)
Dongwon Enterprises Co. Ltd. (South Korea)
IBL Ltd. (Mauritius)
FCF Co. Ltd. (Taiwan)
Sea Delight (U.S.)
Browse Detailed Summary of Research Report :

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Segments:

Skipjack Tuna to Gain Traction among Consumers due to its Rich Nutritional Value and Easy Availability

In terms of species, the market is divided into Skipjack, Albacore, Yellowfin, Bigeye, Bluefin, and others.

Skipjack segment is expected to capture the largest market share as it is easily available in the market and has a strong nutritional profile. Skipjack is commercially important as it is one of the most popular fish used in canned tuna products. As per the Asia Pacific – Fish Watch, over 70% of total tuna catches in the Western and Central Pacific and almost half in the Indian Ocean are skipjack tuna. This type has a moderate cholesterol level and is an excellent source of low-fat protein as well as sodium, further aiding the growth of the segment.

Canned Segment Sales to Grow with Rise in Convenience Food Consumption

Based on type, the market is differentiated into fresh, canned, and frozen. Canned segment is expected to emerge as the leading segment and is anticipated to retain its dominant position during the forecast period. This is due to the rising awareness of its health benefits among consumers and convenience of use.

The presence of omega-3 fatty acids in canned tuna can lower a person’s blood pressure and cholesterol. It can also reduce the risk of dementia and inflammatory disorders. The wide availability of different types of canned tuna in the market, from plain and unseasoned products to prepared, grilled, and marinated ones, is also boosting the segment’s growth.

Report Coverage:

The research report provides qualitative and quantitative insights into the market. It also offers a detailed analysis of the product’s types, applications, as well as market size and growth rate for all segments in the market.

The report also offers an in-depth analysis of the competitive landscape and market dynamics. Many key insights presented in the report are an overview of the related markets, research methodology, recent industry developments, such as mergers & acquisitions, the regulatory scenario in critical countries, and vital industry trends.

Drivers and Restraints:

Canned Tuna to be Widely Consumed Due to its Affordability and Longer Shelf-life

Canned tuna has witnessed a robust rise in its global consumption rate in recent years. It is a popular source of affordable protein and is convenient to store. It does not require refrigeration and is an easy-to-ship product. A notable increase in the percentage of the working population has improved the demand for processed, ready-to-cook, and ready-to-eat foods. Cooking time at home has decreased due to hectic lifestyle, thereby augmenting the demand for convenience foods such as canned tuna.

Europe and Asia Pacific are among the world's leading buyers of canned tuna, and their popularity has now spread to several South American and Middle Eastern countries. Since the consumption of healthy seafood, especially processed fish, is increasing every year, the sale of canned tuna is also predicted to grow as it is a rich protein source.

Many people are turning vegetarians due to reasons, such as dairy allergies and environmental concerns, which is hampering the sales of meat and seafood in different regions. Other organizations as well, such as Beyond Meat and Morningstar Farms are investing in vegetarian alternatives of conventional meat products and boosting their spending on developing a vibrant vegan meat product portfolio. These factors might hinder the tuna fish market growth in the coming years.


Regional Insights:

Europe held a dominant market share with a valuation of USD 14.95 billion in 2022. The rising demand for these products is driven by high per capita fish and seafood consumption and the presence of a well-organized seafood industry. Shoppers in the region are opting for healthy and functional foods as they offer a multitude of health benefits for those who live a hectic and active lifestyle. Companies are also trying to respond to the high consumer demand for products with functional benefits. For example, in September 2021, John West, a brand under Thai Union Group, introduced a nutrient-rich canned tuna range across grocery outlets in the U.K. The three functional flavors of the product line include Energy, Heart, and Immunity, intended for young consumers seeking tasty and practical food choices.

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Affordable Cleaning Services In Auckland

Keeping your home or office clean is essential to maintain a healthy and productive environment. However, finding affordable cleaning services in Auckland can be a challenge. With so many cleaning companies to choose from, it can be hard to know which one is reliable, affordable, and offers quality services.
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