DUBLIN--(BUSINESS WIRE)--The "Global Wheel Aligner Equipment Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global wheel aligner equipment market generate a revenue of more than USD 3 billion during the period 2019-2023.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increase in tire damage for automobiles. Tire damage is one of the major issues faced by vehicle owners. Improper alignment of the wheels is one of the major causes of tire damage. The poor conditions of the roads, especially in developing and underdeveloped countries such as Congo. Paraguay, Ukraine, Nigeria. and India, can lead to tire wear out, which can increase the number of road accidents.

According to the report, one driver in the market is increasing number of automobiles. The high disposable income of people globally is leading to improved sales of automobiles on a yearly basis. The growth of the global wheel aligner equipment market is closely related to the number of automobiles getting sold as these vehicles will be in need of wheel alignment frequently. The passenger vehicle segment contributes significantly to the global automobile market.

Further, the report states that one challenge in the market is high cost of operating wheel aligner equipment. The wheel alignment is one of the major maintenance jobs that directly affect the tire quality and the lifespan of tires. The costs associated with the manufacturing of wheel aligner equipment has increased due to the rising use and incorporation of various technologies in wheel alignment such as advanced imaging technologies.

Key Vendors

  • ACTIA Group
  • Corghi
  • Hunter Engineering
  • Manatec Electronics
  • Snap-on

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • CCD aligner - Market size and forecast 2018-2023
  • 3D aligner - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: MARKET SEGMENTATION BY VEHICLE TYPE

  • Segmentation by vehicle type

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Continuous development of new products
  • Growing popularity of touchless wheel alignment system
  • Rise in the adoption of advanced imaging technologies

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ACTIA Group
  • Corghi
  • Hunter Engineering
  • Manatec Electronics
  • Snap-on

For more information about this report visit https://www.researchandmarkets.com/research/bhfgn7/global_wheel?w=4

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Related Topics: Automotive Repair