Aging vehicles, growing annual mileage and retaining patterns in vehicle owners are creating recurring demand for advanced wheel and tire service equipment.
On the basis of equipment type, wheel alignment systems are likely to gain lion\'s share of the market by 2026-end, in terms of value. This is mainly because of penetration of computerized wheel alignment systems, which are completely automatic, highly accurate, precise and quick in operation.
The Wheel and Tire Service Equipment market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Wheel and Tire Service Equipment.
This report covers the present status and the future prospects of the global Wheel and Tire Service Equipment market for 2015-2026.
The report offers detailed coverage of Wheel and Tire Service Equipment industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wheel and Tire Service Equipment by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Robert Bosch, Continental, Corghi, Boston Garage Equipment, Aro Equipments, Snap-on, MAHA Mechanical Engineering, Guangzhou Jingjia Auto Equipment, Zhongda Group, Sarveshwari Technologies Limited (SARV)
Market Segment as follows:
Market by Order Type
Wheel Alignment System
Wheel Balancer
Tire Inflator
Tire Changer
Wheel and Tire Service Equipment Breakdown Data by Application
Two Wheelers
Light Vehicles
Heavy Vehicles
Wheel and Tire Service Equipment market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wheel and Tire Service Equipment market for the forecast period 2021 - 2026?
• What are the driving forces in the Wheel and Tire Service Equipment market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wheel and Tire Service Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.