The global wheel alignment system market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for passenger vehicles and commercial vehicles in emerging economies such as India and China. The passenger vehicle segment is expected to dominate the global wheel alignment system market during the forecast period, due to its high demand in emerging economies such as India and China.
3D Wheel Aligner: 3D wheel aligners are used for aligning wheels on passenger cars, buses, trucks, trailers, etc, which helps in reducing tire wear and fuel consumption by ensuring that all four tires are properly aligned with each other. This type of equipment is also used for checking suspension systems on heavy duty vehicles like trucks or buses. 3D wheel aligners are available in two types: manual and automatic (computerized). Manual 3D wheel aligners require a technician who has knowledge about how these machines work while automatic ones do not need any human intervention once they have been programmed with specific parameters related to vehicle type and model number.
CCD Wheel Aligner: CCDs use lasers or infrared light beams that measure distances between points on a car's body or chassis so that technicians can determine if there is any misalignment between wheels or suspension components without having physical contact with them; this reduces risk of damage caused by touching sensitive parts of a car's undercarriage while performing an alignment check-up.
Some Of The Growth Factors Of This Market:
- The increasing number of vehicles on the road.
- The need for safety and efficiency in driving.
- The need for fuel efficiency in vehicles.
- Increasing demand for new cars and trucks.
- Increasing demand for used cars.
Industry Growth Insights published a new data on “Wheel Alignment System Market”. The research report is titled “Wheel Alignment System Market research by Types (3D Wheel Aligner, CCD Wheel Aligner, Laser Wheel Aligner), By Applications (Passenger Vehicles, Commercial Vehicles), By Players/Companies Cormach, Hofmann, BendPak, Corghi, Hunter Engineering Company, Rotary Lift, John Bean, CEMB SpA, Beissbarth GmbH, Chief Automotive Technologies, Supertracker, BoschTecalemit, Garage Equipment, QuickTrak, Ravaglioli SpA, Certek Group, August Handel GmbH, SIRIO EQUIPMENT, PASEF, ATS ELGI, Launch”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheel Alignment System Market Research Report
By Type
3D Wheel Aligner, CCD Wheel Aligner, Laser Wheel Aligner
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Cormach, Hofmann, BendPak, Corghi, Hunter Engineering Company, Rotary Lift, John Bean, CEMB SpA, Beissbarth GmbH, Chief Automotive Technologies, Supertracker, BoschTecalemit, Garage Equipment, QuickTrak, Ravaglioli SpA, Certek Group, August Handel GmbH, SIRIO EQUIPMENT, PASEF, ATS ELGI, Launch
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Wheel Alignment System Market Report Segments:
The global Wheel Alignment System market is segmented on the basis of:
Types
3D Wheel Aligner, CCD Wheel Aligner, Laser Wheel Aligner
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
Passenger Vehicles, Commercial Vehicles
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:
- Cormach
- Hofmann
- BendPak
- Corghi
- Hunter Engineering Company
- Rotary Lift
- John Bean
- CEMB SpA
- Beissbarth GmbH
- Chief Automotive Technologies
- Supertracker
- BoschTecalemit
- Garage Equipment
- QuickTrak
- Ravaglioli SpA
- Certek Group
- August Handel GmbH
- SIRIO EQUIPMENT
- PASEF
- ATS ELGI
- Launch
Highlights of The Wheel Alignment System 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:
- 3D Wheel Aligner
- CCD Wheel Aligner
- Laser Wheel Aligner
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- 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 Alignment System 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?
The wheel alignment system is a set of sensors and actuators that help to keep your car's wheels in proper alignment. This system ensures that the tires are spinning at the same speed around the circumference of the wheel, which helps to improve handling and stability.
Some of the major players in the wheel alignment system market are Cormach, Hofmann, BendPak, Corghi, Hunter Engineering Company, Rotary Lift, John Bean, CEMB SpA, Beissbarth GmbH, Chief Automotive Technologies, Supertracker, BoschTecalemit, Garage Equipment, QuickTrak, Ravaglioli SpA, Certek Group, August Handel GmbH, SIRIO EQUIPMENT, PASEF, ATS ELGI, Launch.
The wheel alignment system market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wheel Alignment System 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. Wheel Alignment System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wheel Alignment System Market - Supply Chain
4.5. Global Wheel Alignment System Market Forecast
4.5.1. Wheel Alignment System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wheel Alignment System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wheel Alignment System Market Absolute $ Opportunity
5. Global Wheel Alignment System 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. Wheel Alignment System Market Size and Volume Forecast by Type
5.3.1. 3D Wheel Aligner
5.3.2. CCD Wheel Aligner
5.3.3. Laser Wheel Aligner
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wheel Alignment System 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. Wheel Alignment System Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wheel Alignment System 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. Wheel Alignment System 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 Wheel Alignment System 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. Wheel Alignment System 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 Wheel Alignment System Demand Share Forecast, 2019-2026
9. North America Wheel Alignment System 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 Wheel Alignment System 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 Wheel Alignment System Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wheel Alignment System Market Size and Volume Forecast by Type
9.7.1. 3D Wheel Aligner
9.7.2. CCD Wheel Aligner
9.7.3. Laser Wheel Aligner
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 Wheel Alignment System Demand Share Forecast, 2019-2026
10. Latin America Wheel Alignment System 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 Wheel Alignment System 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 Wheel Alignment System Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wheel Alignment System Market Size and Volume Forecast by Type
10.7.1. 3D Wheel Aligner
10.7.2. CCD Wheel Aligner
10.7.3. Laser Wheel Aligner
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 Wheel Alignment System Demand Share Forecast, 2019-2026
11. Europe Wheel Alignment System 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 Wheel Alignment System 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 Wheel Alignment System Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wheel Alignment System Market Size and Volume Forecast by Type
11.7.1. 3D Wheel Aligner
11.7.2. CCD Wheel Aligner
11.7.3. Laser Wheel Aligner
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 Wheel Alignment System Demand Share, 2019-2026
12. Asia Pacific Wheel Alignment System 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 Wheel Alignment System 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 Wheel Alignment System Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wheel Alignment System Market Size and Volume Forecast by Type
12.7.1. 3D Wheel Aligner
12.7.2. CCD Wheel Aligner
12.7.3. Laser Wheel Aligner
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 Wheel Alignment System Demand Share, 2019-2026
13. Middle East & Africa Wheel Alignment System 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 Wheel Alignment System 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 Wheel Alignment System Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wheel Alignment System Market Size and Volume Forecast by Type
13.7.1. 3D Wheel Aligner
13.7.2. CCD Wheel Aligner
13.7.3. Laser Wheel Aligner
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 Wheel Alignment System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wheel Alignment System Market: Market Share Analysis
14.2. Wheel Alignment System Distributors and Customers
14.3. Wheel Alignment System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cormach
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hofmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BendPak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Corghi
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 Engineering Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rotary Lift
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. John Bean
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CEMB SpA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Beissbarth GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chief Automotive Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Supertracker
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BoschTecalemit
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Garage Equipment
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. QuickTrak
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ravaglioli SpA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Certek Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. August Handel GmbH
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SIRIO EQUIPMENT
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. PASEF
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ATS ELGI
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
