Press release
Global 3D Wheel Aligners Market Growth 2018 Outlook, Trends, Forecast and Analysis to 2026
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5-Camera and 6-Camera 3D Wheel Aligners to Register High Volume CAGRs during 2017-2026
In 2018 and beyond, 4-camera 3D wheel aligners will represent top-selling product in the global market. However, technical limitations and low capabilities of these products, compared to 5-camera and 6-camera 3D wheel aligners will dwindle their global market volume share considerably. On the other hand, 5-camera and 6-camera 3D wheel aligners will register steady volume CAGRs of 5.4% and 5.2% respectively.
Off-Road Vehicles to Reflect a Sharp Increase in Global Market Volume Share between 2017 and 2026
On-road vehicles will represent highest adoption of 3D wheel aligners in their maintenance operations. High frequency of wheel nonalignment in off-road vehicles, on the other hand, will drive their share on global market volumes from 25.9% in 2017 to 28.4% by 2026-end.
Pit Version Mounting to Lose Traction; Auto Manufacturing Applications to Showcase High Profitability
Majority of 3D wheel aligners today are being equipped with pit version mounting capabilities. Their traction is pegged to dwindle in the coming years, and end-users will prefer mounting 3D wheel aligners through lift version. The report also estimates that use of 3D wheel aligners in garages will be less profitable than their auto manufacturing applications, which will account for more than 50% of global market volumes through 2026.
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4-Camera 3D wheel aligners will lose their market traction, which will be picked up by 5-Camera and 6-Camera 3D wheel aligners
In 2017, around 37% of 3D wheel aligners sold in the world were developed on 4-camera designs. The demand for 4-camera 3D wheel aligners is pegged to remain highest in the global market through 2026. However, their share on global market value will dwindle towards the end of the forecast period. Alignment limitations of 4-camera 3D wheel aligners will impede their uptake, compared to 5-camera or 6-camera 3D wheel aligners. The capabilities of 5-camera and 6-camera 3D wheel aligners in terms of identifying alignment problems across multiple axis and providing accurate solution in least amount of time will drive their sales in the coming years. These two product segments will reflect a volume CAGR of more than 5% over the forecast period.
Competition Tracking: Manufacturing to remain concentered in the Asia-Pacific region
Key players in the global 3D wheel aligners market are expanding their manufacturing bases in the Asia-Pacific region. The manufacturing landscape of 3D wheel aligners will witnesses participation of companies namely, Hunter Engineering Company, Snap-on Incorporated, Corghi S.p.A., Beissbarth GmbH, Wonder Internation Sdn Bhd, Launch Tech Co., Ltd, Yantai Haide Science And Technology, Shenzhen 3Excel Tech Co.,Ltd., Actia Muller, Yingkou Dali Automobile Maintenance Equipment, Panther Electronic Machinery Manufactory Ltd., and Yingkou Hanway Techonology Co. Ltd.
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