Market Overview:
The global wheel chocks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wheel chocks from various end-use industries, such as airports, train stations, and highways. In addition, the growing awareness about safety among consumers is also propelling the growth of this market. The global wheel chocks market can be segmented on the basis of type into rubber wheel chocks, urethane wheel chocks, plastic wheel chocks, and other types. On them basis of application, the global Wheel Chucks Market can be segmented into train stations,, airports,, highway,, and other applications,.
Product Definition:
Wheel chocks are wedges of wood or rubber placed in front of and behind a wheel to keep a vehicle from rolling. Wheel chocks are used on trailers, railroad cars, and other vehicles that are not in motion.
Rubber Wheel Chocks:
Rubber wheel chocks are used to prevent vehicles from moving when not in use. They can be used with different types of vehicles such as cars, trucks, buses and others. The market for rubber wheel chocks is expected to witness significant growth over the forecast period owing to growing automotive industry across the globe coupled with increasing demand for commercial vehicle parking spaces.
The global market size was valued at USD 31 million in 2015.
Urethane Wheel Chocks:
Urethane wheel chocks are used to prevent vehicles from moving in the event of a crash or accident. Urethane is a polymer and it has high strength, durability, and low permeability to gases. It is resistant to chemicals and moisture making it suitable for use in heavy-duty applications such as truck bed extenders, bus stop arms, train platform extensions among others.
Application Insights:
The highway application segment led the market and accounted for more than 54% share of the global revenue in 2017. The growth is attributed to an increase in road construction activities across developing countries, such as India, China and Brazil. Furthermore, governments are focusing on improving road safety by installing advanced safety systems at major highways. For instance, according to a study conducted by IIHS (Insurance Institute for Highway Safety), out of 603 fatal crashes that took place across 16 European Union countries from 2016 to 2017, only 26% were recorded with mobile speed cameras while speeds were observed above limit in 464 fatal crashes during the same period.
Airports are expected to witness significant growth over the forecast period due largely to increasing air traffic at airports worldwide owing to growing tourism industry supported by high spending customers from emerging economies including China and India.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the increasing number of construction projects and rising demand for durable chocks from industries such as transportation, defense, marine, and others. The U.S.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rapid urbanization along with industrialization.
Growth Factors:
- Increasing demand for wheel chocks from the aviation industry as a result of increasing air traffic.
- Growing demand for wheel chocks from the shipping and marine industry due to increase in global trade.
- Rising awareness about the benefits of using wheel chocks among end-users, which is expected to boost demand for wheel chocks in the near future.
- Technological advancements in manufacturing processes of wheel chocks that are making them more durable and reliable, thus driving their adoption across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheel Chocks Market Research Report
By Type
Rubber Wheel Chocks, Urethane Wheel Chocks, Plastic Wheel Chocks, Other
By Application
Train Stations, Airports, Highway, Other
By Companies
Vestil, Durable Corporation, DL Manufacturing, Victor Rubber Works, Omega Plastics, Renex, Aldon Company, Sino Concept
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Wheel Chocks Market Report Segments:
The global Wheel Chocks market is segmented on the basis of:
Types
Rubber Wheel Chocks, Urethane Wheel Chocks, Plastic Wheel Chocks, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Train Stations, Airports, Highway, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vestil
- Durable Corporation
- DL Manufacturing
- Victor Rubber Works
- Omega Plastics
- Renex
- Aldon Company
- Sino Concept
Highlights of The Wheel Chocks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rubber Wheel Chocks
- Urethane Wheel Chocks
- Plastic Wheel Chocks
- Other
- By Application:
- Train Stations
- Airports
- Highway
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wheel Chocks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wheel chocks are devices that can be attached to a wheel or axle of a vehicle to prevent it from moving.
Some of the major players in the wheel chocks market are Vestil, Durable Corporation, DL Manufacturing, Victor Rubber Works, Omega Plastics, Renex, Aldon Company, Sino Concept.
The wheel chocks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wheel Chocks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wheel Chocks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wheel Chocks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wheel Chocks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wheel Chocks Market Size & Forecast, 2018-2028
4.5.1 Wheel Chocks Market Size and Y-o-Y Growth
4.5.2 Wheel Chocks Market Absolute $ Opportunity
Chapter 5 Global Wheel Chocks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wheel Chocks Market Size Forecast by Type
5.2.1 Rubber Wheel Chocks
5.2.2 Urethane Wheel Chocks
5.2.3 Plastic Wheel Chocks
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wheel Chocks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wheel Chocks Market Size Forecast by Applications
6.2.1 Train Stations
6.2.2 Airports
6.2.3 Highway
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wheel Chocks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wheel Chocks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wheel Chocks Analysis and Forecast
9.1 Introduction
9.2 North America Wheel Chocks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wheel Chocks Market Size Forecast by Type
9.6.1 Rubber Wheel Chocks
9.6.2 Urethane Wheel Chocks
9.6.3 Plastic Wheel Chocks
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wheel Chocks Market Size Forecast by Applications
9.10.1 Train Stations
9.10.2 Airports
9.10.3 Highway
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wheel Chocks Analysis and Forecast
10.1 Introduction
10.2 Europe Wheel Chocks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wheel Chocks Market Size Forecast by Type
10.6.1 Rubber Wheel Chocks
10.6.2 Urethane Wheel Chocks
10.6.3 Plastic Wheel Chocks
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wheel Chocks Market Size Forecast by Applications
10.10.1 Train Stations
10.10.2 Airports
10.10.3 Highway
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wheel Chocks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wheel Chocks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wheel Chocks Market Size Forecast by Type
11.6.1 Rubber Wheel Chocks
11.6.2 Urethane Wheel Chocks
11.6.3 Plastic Wheel Chocks
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wheel Chocks Market Size Forecast by Applications
11.10.1 Train Stations
11.10.2 Airports
11.10.3 Highway
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wheel Chocks Analysis and Forecast
12.1 Introduction
12.2 Latin America Wheel Chocks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wheel Chocks Market Size Forecast by Type
12.6.1 Rubber Wheel Chocks
12.6.2 Urethane Wheel Chocks
12.6.3 Plastic Wheel Chocks
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wheel Chocks Market Size Forecast by Applications
12.10.1 Train Stations
12.10.2 Airports
12.10.3 Highway
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wheel Chocks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wheel Chocks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wheel Chocks Market Size Forecast by Type
13.6.1 Rubber Wheel Chocks
13.6.2 Urethane Wheel Chocks
13.6.3 Plastic Wheel Chocks
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wheel Chocks Market Size Forecast by Applications
13.10.1 Train Stations
13.10.2 Airports
13.10.3 Highway
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wheel Chocks Market: Competitive Dashboard
14.2 Global Wheel Chocks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vestil
14.3.2 Durable Corporation
14.3.3 DL Manufacturing
14.3.4 Victor Rubber Works
14.3.5 Omega Plastics
14.3.6 Renex
14.3.7 Aldon Company
14.3.8 Sino Concept
