Wheel and Tire Service Equipment Market Expansion to be Persistent During 2017-2027

According to Fact.MR’s newly published report, the global market for wheel and tire service equipment market is expected to record an average 4.0% CAGR, in terms of value, between the period 2017 and 2026. More than 1,600 thousand units of wheel and tire service equipment are pegged to be sold around the world by 2026-end.

Wheel Alignment Systems among Equipment Type to Gain Lion’s Share of the Market

On the basis of equipment type, wheel alignment systems are likely to gain lion’s share of the market by 2026-end, in terms of value. This is mainly because of penetration of computerized wheel alignment systems, which are completely automatic, highly accurate, precise and quick in operation. In addition, manufacturers are focusing on the development of wheel alignment systems with properties such as protection in wheel clamping, user-friendly calibration and automatic self-check.

Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=468

In terms of value, Asia-Pacific excluding Japan (APEJ) will remain the most lucrative market for wheel and tire service equipment, mainly driven by the robust expansion of the automotive sector in the region. In addition, relatively less developed roadways in suburban as well as in various urban areas has led to higher prevalence of damage to vehicles in the region. Europe will also remain a lucrative region for the market growth on the back of rapid technological advancements in the region’s automotive industry.

Key Research Findings from Fact.MR’s Report

Light vehicles and two wheelers will account for largest shares of the market, in terms of revenues
Based on garage type, automotive OEM dealerships will continue to be dominant in the market, followed by franchise garage
Competition Tracking

Imperative assets of market players include brand image and penetration through state-of-the-art equipment. In addition, wheel and tire service equipment manufacturers are infusing relatively lower cost products for attracting smaller, price-sensitive garages. Key players identified by Fact.MR’s report include Arex Test Systems B.V., Robert Bosch GmbH, Aro Equipments Pvt. Ltd, Istobal S.A., Vehicle Service Group, Symach SRL, VisiCon Automatisierungstechnik GmbH, Snap-on Incorporated, Sarveshwari Technologies Limited (SARV), and Guangzhou Jingjia Auto Equipment Co., Ltd.

Request/View Toc@ https://www.factmr.com/connectus/sample?flag=T&rep_id=468

Table of Contents Covered in this report are:

1. Global Economic Outlook

2. Global Wheel and Tire Service Equipment Market - Executive Summary
2.1. Opportunity Assessment
2.2. Mega Trends

3. Global Wheel and Tire Service Equipment Market Overview
3.1. Introduction
3.1.1. Global Wheel and Tire Service Equipment Market Taxonomy
3.1.2. Global Wheel and Tire Service Equipment Market Definition
3.2. Global Wheel and Tire Service Equipment Market Size (US$ Mn), Volume (‘000 Units) and Forecast, 2012-2026
3.2.1. Global Wheel and Tire Service Equipment Market Y-o-Y Growth
3.3. Overall Automotive Repair and Maintenance Industry Analysis
3.4. Garage Equipment Industry Analysis
3.5. Global Wheel and Tire Service Equipment Market Dynamics
3.5.1 Market Drivers
3.5.2. Market Restraints
3.5.3. Market trends
3.5.3.1. Impact Analysis By Vehicle Type
3.5.3.2. Impact Analysis By Garage Type
3.5.3.3. Impact Analysis By Equipment Type

Speak To Research Analyst for Detailed Insights @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=468

3.6. Supply Chain
3.7.Macro-Economic Factors
3.8. Cost Structure
3.9. Forecast Factors and Impact Analysis
3.10. PESTLE Analysis
3.11. Porter Analysis
3.12. PLC Analysis
3.13. Global Wheel and Tire Service Equipment Market Scenario forecast
3.13.1. Conservative Scenario
3.13.2. Likely Scenario
3.13.3. Optimistic Scenario
3.14. Service Provider List
3.15. Key Participants Market Presence (Intensity Map) By Region
3.16. Key Players Competition Matrix
3.17. Investment Feasibility Matrix
3.18. Wheel of Fortune

4. Pricing Point Analysis
4.1. Price Point Assessment by Region
4.2. Price Point Assessment by Vehicle Type
4.3. Price Forecast till 2026
4.4. Factors Influencing Pricing

Access This Report @ https://www.factmr.com/checkout/468/S

And Continue..

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Web: https://www.factmr.com/
Follow us in Linkedin: https://www.linkedin.com/company/factmr/

This release was published on openPR.