Global Wheel Service Equipment Market Insights and Forecast to 2028

SKU ID : QYR-19866394 | Publishing Date : 06-Jan-2022 | No. of pages : 128

Wheel and tyre service equipment are the basic requirement of every garage or workshop to serve their clients at its best.
Market Analysis and Insights: Global Wheel Service Equipment Market
Due to the COVID-19 pandemic, the global Wheel Service Equipment market size is estimated to be worth US$ 683.7 million in 2022 and is forecast to a readjusted size of US$ 816.3 million by 2028 with a CAGR of 3.0% during the review period. Fully considering the economic change by this health crisis, Tire Changers accounting for % of the Wheel Service Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Automobile Repair Shop segment is altered to an % CAGR throughout this forecast period.
According to types, the most proportion of the Asia-Pacific Wheel Service Equipment is tire changers ,taking about 41.45% share of global market in 2020. The most proportion of Asia-Pacific Wheel Service Equipment is used for Automobile Repair Shop and the proportion is about 77.87% in 2020.
In terms of production side, this report researches the Wheel Service Equipment capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Wheel Service Equipment by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Wheel Service Equipment Scope and Segment
Wheel Service Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Wheel Service Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Tire Changers
Alignment Systems
Wheel Balancers
Segment by Application
Automobile Repair Shop
4S Shop
Other
By Company
BOSCH
Corghi
Bright
Coseng
Snap-On
Balance
Hunter
Sino-Italian Taida
Launch
SATA
DALIQIBAO
Hennessy Industries
Beissbarth
CEMB
Ravaglioli
Best
BattleAxe
3Excel Tech
Giuliano
Kwingtone
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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  • By End User/Applications
  • By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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