Home / Machinery / Wheel Aligner Equipment Market By Technology (CCD Wheel Aligner, 3D), By Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Wheel Aligner Equipment Market By Technology (CCD Wheel Aligner, 3D), By Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Dec 2018 | Published By: Acute Market Reports

Industry Outlook

The growth of wheel aligner equipment market is growing consistently in proportion with the growth in global automotive market. Wheel alignment is a vital aftersale service and is performed by owner multiple times during the lifecycle of an automobile. Realizing the growth opportunities, several vendors are starting new ventures for wheel alignment services. Owing to this, global wheel aligner equipment market registered market value of US$ 627 Mn in 2017 and expected to reach US$ 1039.12 Mn by 2026. The market is estimated to grow with a compound annual growth rate of 5.8% throughout the forecast period from 2018 to 2026.

"CCD Wheel Aligner Equipment Projected to Reign Supreme in Coming Years"

By technology, wheel aligner equipment is broadly classified into CCD wheel aligning equipment and 3D wheel aligning equipment. Both the technology works completely on different working principal and are not replacement of each other. The technologies have same output and the alignment offered by the two have marginal differences depending upon the operator and other working condition. However, the CCD wheel aligner equipment is much affordable compared to 3D aligner equipment. Cost of equipment is the sole reason owing to which CCD wheel aligner lead the global wheel aligner equipment market in terms of market value. However, 3D wheel aligner equipment is expected to grow gradually throughout the forecast period.

"Growth in Demand for Passenger Cars Resulted in the Growth of Wheel Aligner Equipment Market for Passenger Cars"

A variety of wheel aligner equipment and set-ups are available for different vehicles types such as passenger cars, light commercial vehicle (LCV) and heavy commercial vehicles (HCV). Wheel aligner equipment for passenger cars claims the majority of market share thus, leading the market in terms of market value. Continuously growing demand for passenger cars powered by rising disposable income will help wheel aligner equipment market for passenger cars to retain its dominance in coming years.

"Flourishing Automotive Industry in Asia Pacific Offers Tremendous Growth Potential for Wheel Aligner Market"

Asia Pacific region currently holds the global leader title in overall wheel aligner market in terms of market value. Notable economic growth allowed people in the region to raise their standard of living and a considerable positivity of it is stimulating automotive industry. Consequently, Asia Pacific offers tremendous growth opportunity for wheel aligner equipment market. Asia Pacific is followed by North America and Europe market in terms of market value. Revolution of electric cars in these developed regions is also offering potential for the wheel aligner market to grow.

Market Segmentation

 

ATTRIBUTE DETAILS
Research Period  2016-2026
Base Year 2017
Forecast Period  2018-2026
Historical Year  2016
Unit  USD Million
Segmentation

 By Technology (2016–2026; US$ Mn)
 • CCD Wheel Aligner
 • 3D Wheel Aligner

 By Vehicle Type (2016–2026; US$ Mn)
 • Passenger Car
 • Light Commercial Vehicle (LCV)
 • Heavy Commercial Vehicle (HCV)

 Geography Segment (2016–2026; US$ Mn)
 • North America (U.S. and Rest of North America)
 • Europe (U.K., Germany, France, and Rest of Europe)
 • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
 • Rest of World (Middle East & Africa (MEA), Latin America)

Competitive Landscape     

The research study covers some of the leading wheel aligner equipment manufacturers including Atlas Auto Equipment, Delta Equipments, Eagle Equipment, Fori Automation, Hofmann TeSys, Hunter Engineering Company, Manatec Electronics Private Limited, RAVAmerica, Sunrise Instruments Private Limited, Snap-on Incorporated, and Vehicle Service Group. Major wheel aligner equipment manufactures faces stiff competition with each other and local players in order to maintain their market position. Several business strategies such as geographical expansion and technological development are adopted by these companies to face their competitions. The market competition is expected to go even tough with consistent new entrants entering into the market.

Key questions answered in this report

  • What are the positive effect growth in automotive sector on the wheel aligner equipment market?
  • Which are the most prominent vehicle types and how their growth is assisting wheel aligner equipment market to grow?
  • What are different types of wheel aligner equipment and their market position in terms of market value?
  • How advancement in imaging technology and sensors play made an impact on the demand for wheel aligner equipment?
  • How top grossing region such as Asia Pacific and Latin America are expected to make an impact on overall wheel aligner equipment market?

TABLE 1 Market Snapshot: Global Wheel Aligner Equipment (WAE) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 5 North America WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 6 North America WAE Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 7 U.S. WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 8 U.S. WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 9 Canada WAE Market Value, by Equipment Type, 2016 - 2026 (US$ Mn)
TABLE 10 Canada WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 11 Europe WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 12 Europe WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 13 Europe WAE Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 14 U.K. WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 15 U.K. WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 16 Germany WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 17 Germany WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 18 France WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 19 France WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 20 Rest of Europe WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 21 Rest of Europe WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 22 Asia Pacific WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 23 Asia Pacific WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 24 Asia Pacific WAE Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 25 China WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 26 China WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 27 Japan WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 28 Japan WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 29 India WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 30 India WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 31 Rest of Asia Pacific WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 32 Rest of Asia Pacific WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 33 Rest of World WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 34 Rest of World WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 35 Rest of World WAE Market Value, by Region, 2016 - 2026 (US$ Mn)
TABLE 36 Middle East & Africa WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 37 Middle East & Africa WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 38 Latin America WAE Market Value, by Technology, 2016 - 2026 (US$ Mn)
TABLE 39 Latin America WAE Market Value, by Vehicle Type, 2016 - 2026 (US$ Mn)
TABLE 40 Atlas Auto Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 41 Delta Equipments: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 42 Eagle Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 43 Fori Automation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 44 Hofmann TeSys: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 45 Hunter Engineering Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 46 Manatec Electronics Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 47 RAVAmerica: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 48 Sunrise Instruments Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 49 Snap-on Incorporated: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 50 Vehicle Service Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

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