Market Overview:
The global tire changers 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 automobiles, especially in developing countries such as China and India. Additionally, the increasing adoption of advanced technologies in tire changers is also contributing to the growth of this market. The global tire changers market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into small tire changers, medium-sized tire changers and large-sized tire changers. The small-sized segment is projected to grow at a higher CAGR during 2018–2030 owing to its low cost and easy installation as compared with other types of Tire Changers Market .
Product Definition:
A Tire Changer is a machine used to remove and install tires on automobiles. It typically consists of a large metal table with a pneumatic or hydraulic device to hold the tire in place, and a motorized arm that pulls the tire off the wheel and onto or off of the table. Some Tire Changers also include inflation devices to inflate tires after they have been changed. The importance of Tire Changers is that they make it easier for people to change their own tires, which can save them time and money.
Small Tire Changers:
Small tire changers are used to change small tires such as car/SUV, truck, bicycle and motorcycle tires. They are mainly used in service stations for quick turnaround of vehicles. Small tire changers can be operated by a single person or in some cases by two people. The market is expected to witness growth owing to the increasing demand for passenger cars and commercial vehicles across the globe especially in emerging economies like India, China and Brazil among others.
Medium Tire Changers:
Medium tire changers are used to change the tires in vehicles. It is a mechanical device that helps in changing the wheels without any assistance from manual labor. The machine consists of several components such as drive system, auger, air compressor and others. The auger rotates while the air compressor provides pressure required to remove and replace tires with new ones thusly making it an effective method for tire changing process.
Application Insights:
The car segment dominated the global tire changers market in 2017. The growing importance of passenger cars owing to rising disposable income levels and rapid urbanization is expected to remain a prominent factor driving the demand for tires over the forecast period. Furthermore, an increase in sales of luxury vehicles is likely to contribute towards growth. Tire changing equipment is essential for any vehicle owner who has purchased a premium vehicle with expensive tires that need regular maintenance and replacement services, thus contributing towards overall market growth.
Tire changing machines are also used on trucks; however, they generate lower revenue as compared to cars or light commercial vehicles (LCVs). LCV owners generally prefer using large tire changers due to their heavy weight which helps them carry out repairs efficiently on uneven surfaces such as gravel roads or dirt tracks without causing any damage or wear & tear on wheelsets and rims.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing automobile production and sales across emerging economies, such as China, India, Thailand and Indonesia. Furthermore, rising disposable income levels coupled with an increase in the purchasing power of consumers are expected to fuel demand for passenger cars over the forecast period.
North America accounted for a significant share owing to growing consumer preference towards light weight vehicles that consume less fuel and have better performance than their counterparts operating on diesel or gasoline engines.
Europe is one of the major markets for tire changers globally due to high automotive standards along with advanced technology adoption across countries like Germany.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of around 3% during the forecast period. This will result in an increase in the demand for tires, which will subsequently lead to an increase in the demand for tire changers.
- Technological advancements: Tire changers are becoming increasingly automated with the help of technological advancements such as robotics and artificial intelligence (AI). This is resulting in higher efficiency and productivity among tire changers, thereby driving their growth.
- Rising disposable income: A rise in disposable income leads to an increase in spending on luxury items such as cars and car accessories, including tire changers. Thus, rising disposable income is one of the key growth drivers for this market.
- Growing automotive sector: The automotive sector is growing rapidly across regions such as Asia Pacific and Latin America due to factors such as increasing urbanization and rising purchasing power parity (PPP). This will create opportunities for players operating in the Tire Changers market and drive its growth further during the forecast period.. 5) Increasing number of workshops & service stations: There has been a significant rise globally in both independent workshops & service stations over recent years owing to increased vehicle ownership rates coupled with improved infrastructure development
Scope Of The Report
Report Attributes
Report Details
Report Title
Tire Changers Market Research Report
By Type
Small Tire Changers, Medium Tire Changers, Large Tire Changers
By Application
Car, Truck, Others
By Companies
Bosch, Twinbusch, Hofmann, SNAP-ON, Hunter, Bendpark, Johnbean, Hennessy Industries, Ravaglioli, SICE, Corghi, Giuliano, Fasep, SICAM, Mondolfo Ferro (Nexion), DALI, Worldbright, BEST, Coseng, Xuanbao, UNITE, Taida, GRONH, Trainsway, BSDJX, Sifang
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Tire Changers Market Report Segments:
The global Tire Changers market is segmented on the basis of:
Types
Small Tire Changers, Medium Tire Changers, Large Tire Changers
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
Car, Truck, Others
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:
- Bosch
- Twinbusch
- Hofmann
- SNAP-ON
- Hunter
- Bendpark
- Johnbean
- Hennessy Industries
- Ravaglioli
- SICE
- Corghi
- Giuliano
- Fasep
- SICAM
- Mondolfo Ferro (Nexion)
- DALI
- Worldbright
- BEST
- Coseng
- Xuanbao
- UNITE
- Taida
- GRONH
- Trainsway
- BSDJX
- Sifang
Highlights of The Tire Changers 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:
- Small Tire Changers
- Medium Tire Changers
- Large Tire Changers
- By Application:
- Car
- Truck
- Others
- 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 Tire Changers 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.
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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?
Tire changers are businesses that change tires on cars. They can also do other automotive services such as oil changes and alignment.
Some of the major players in the tire changers market are Bosch, Twinbusch, Hofmann, SNAP-ON, Hunter, Bendpark, Johnbean, Hennessy Industries, Ravaglioli, SICE, Corghi, Giuliano, Fasep, SICAM, Mondolfo Ferro (Nexion), DALI, Worldbright, BEST, Coseng, Xuanbao, UNITE, Taida, GRONH, Trainsway, BSDJX, Sifang.
The tire changers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tire Changers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tire Changers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tire Changers Market - Supply Chain
4.5. Global Tire Changers Market Forecast
4.5.1. Tire Changers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tire Changers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tire Changers Market Absolute $ Opportunity
5. Global Tire Changers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tire Changers Market Size and Volume Forecast by Type
5.3.1. Small Tire Changers
5.3.2. Medium Tire Changers
5.3.3. Large Tire Changers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tire Changers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tire Changers Market Size and Volume Forecast by Application
6.3.1. Car
6.3.2. Truck
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tire Changers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tire Changers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tire Changers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tire Changers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tire Changers Demand Share Forecast, 2019-2026
9. North America Tire Changers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tire Changers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tire Changers Market Size and Volume Forecast by Application
9.4.1. Car
9.4.2. Truck
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tire Changers Market Size and Volume Forecast by Type
9.7.1. Small Tire Changers
9.7.2. Medium Tire Changers
9.7.3. Large Tire Changers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tire Changers Demand Share Forecast, 2019-2026
10. Latin America Tire Changers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tire Changers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tire Changers Market Size and Volume Forecast by Application
10.4.1. Car
10.4.2. Truck
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tire Changers Market Size and Volume Forecast by Type
10.7.1. Small Tire Changers
10.7.2. Medium Tire Changers
10.7.3. Large Tire Changers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tire Changers Demand Share Forecast, 2019-2026
11. Europe Tire Changers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tire Changers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tire Changers Market Size and Volume Forecast by Application
11.4.1. Car
11.4.2. Truck
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tire Changers Market Size and Volume Forecast by Type
11.7.1. Small Tire Changers
11.7.2. Medium Tire Changers
11.7.3. Large Tire Changers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tire Changers Demand Share, 2019-2026
12. Asia Pacific Tire Changers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tire Changers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tire Changers Market Size and Volume Forecast by Application
12.4.1. Car
12.4.2. Truck
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tire Changers Market Size and Volume Forecast by Type
12.7.1. Small Tire Changers
12.7.2. Medium Tire Changers
12.7.3. Large Tire Changers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tire Changers Demand Share, 2019-2026
13. Middle East & Africa Tire Changers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tire Changers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tire Changers Market Size and Volume Forecast by Application
13.4.1. Car
13.4.2. Truck
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tire Changers Market Size and Volume Forecast by Type
13.7.1. Small Tire Changers
13.7.2. Medium Tire Changers
13.7.3. Large Tire Changers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tire Changers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tire Changers Market: Market Share Analysis
14.2. Tire Changers Distributors and Customers
14.3. Tire Changers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Twinbusch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hofmann
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SNAP-ON
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hunter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bendpark
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnbean
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hennessy Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ravaglioli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SICE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Corghi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Giuliano
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fasep
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SICAM
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mondolfo Ferro (Nexion)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. DALI
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Worldbright
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BEST
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Coseng
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Xuanbao
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook