The study on the global Nitrogen Tire Inflators market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of the Nitrogen Tire Inflators market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Nitrogen Tire Inflators market during the forecast period (2021-2031).
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Essential Takeaways from the Nitrogen Tire Inflators Market Report
- Comparison of prominent players operating in the Nitrogen Tire Inflators market
- Recent developments and key strategies adopted by market players
- Study of the micro and macro-economic growth indicators
- Impact of the various factors on the value chain of the Nitrogen Tire Inflators market
- Growth opportunities for emerging market players in various regional markets
- Current trends influencing the scenario of the Nitrogen Tire Inflators market
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Severity of Tire-related Accidents and Removal of Spare Tires Will Encourage the Use of Nitrogen Tire Inflators
According to WHO (the World Health Organization), over 1.25 million people succumb to death as a result of road accidents every year, and over 20-50 million people suffer minor or non-fatal injuries. The WHO predicts that road traffic crashes are likely to become the seventh leading cause of death in the world by the end of 2030. Taking into account the role played by unsafe vehicles in road accidents, various UN regulations and standards are boosting consumers and manufacturers to focus on tire performance parameters such as traction and inflation. Many countries in European Union have established their own tire standards to reduce road accidents caused due to unsafe vehicles. Various tire-related regulations imposed by government organizations are boosting the use of nitrogen inflators, driving the growth of the nitrogen tire inflators market.
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The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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