Global Automotive Wheel Alignment Machines Market Size By Technology (CCD Aligner, 3D Aligner), By Mobility (Fixed, Portable), By Vehicles (Passenger, Commercial), By Geographic Scope And Forecast
Report ID: 34466|No. of Pages: 202
Global Automotive Wheel Alignment Machines Market Size By Technology (CCD Aligner, 3D Aligner), By Mobility (Fixed, Portable), By Vehicles (Passenger, Commercial), By Geographic Scope And Forecast
Automotive Wheel Alignment Machines Market Size And Forecast
Automotive Wheel Alignment Machines Market size was valued at USD 2.55 Billion in 2024 and is projected to reach USD 3.45 Billion by 2031, growing at a CAGR of 4.5% from 2024 to 2031.
The Global market is expected to grow at a very fast pace over the projection period because of the rising maintenance, repair, and overhaul activities in the automotive industry, together with the benefits associated with regular wheel alignment of cars, which is driving market expansion. The expanding automobile sector, together with rising disposable income, is expected to drive market expansion over the forecast period. Furthermore, the increase in the frequency of accidents caused by incorrect wheel alignment is one of the reasons expected to boost the market’s expansion. The Global Automotive Wheel Alignment Machines Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Automotive Wheel Alignment Machines Market Definition
Wheel alignment machines are equipment that is used to align wheels during assembly maintenance and repair. The machines adjust the vehicle’s wheels to the expected position specified by the original equipment manufacturers. To set the car wheel specification, the alignment machine inspects the camber, toe, and caster and looks for incorrect wheel alignment, and adjusts the angles. Wheel alignment machines boost fuel efficiency, lower auto repair costs, provide smoother driving, improve vehicle safety, and extend tire life.
A front-end alignment machine is used to line up the wheel directions so that the vehicle points straight forward. A truck alignment machine corrects the alignment of the truck by adding or removing shims behind the upper mounting brackets of both the front and rear wheels. In cases where precise tolerances must be maintained, CNC machine tool alignment and test equipment are utilized to boost a machine’s precision and performance. The alignment of flight parameters is used to control flight parameters such as yaw, pitch, and roll. Other kinds of machine alignment devices are readily available as well.
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Global Automotive Wheel Alignment Machines Market Overview
The Automotive Wheel Alignment Machines Market is growing as a result of increased maintenance, repair, and overhaul operations in the automotive aftermarket. The increasing number of automobiles in use, high disposable income leading to increased automobile sales regularly, and the need to embrace new technologies for enhanced efficiency are the primary factors driving the growth of the Automotive Wheel Alignment Machines Market. Increased demand for portable and wireless wheel alignment machines is another factor driving the growth of the Automotive Wheel Alignment Machines Market.
The expanding automotive industries are the primary drivers of the worldwide Automotive Wheel Alignment Machines Market. These devices are available with a variety of functions, including portability, wireless connectivity, and others. As a result, improved features drive the use of this equipment in the automotive sector around the world. Furthermore, rising demand for passenger vehicles and lightweight commercial vehicles, as well as rising disposable income, is driving up automobile sales year after year, necessitating the use of sophisticated technologies to improve efficiency.
Furthermore, rising urbanization in emerging economies such as Brazil, Mexico, India, and China drives demand for passenger cars and commercial vehicles, which has an indirect impact during the forecast period on the growth of the Automotive Wheel Alignment Machines Market. Vehicle manufacturers are mainly concerned with passenger and vehicle safety, hence regulatory agencies have imposed stringent passenger safety standards. As a result, vehicle makers concentrate on meeting certain norms or rules. Wheel alignment machines aid in meeting these requirements. As a result, demand for such equipment is fast expanding.
Repairing and maintaining a wheel alignment machine requires a professional specialist to resolve the issue, and the initial installation cost of the entire wheel alignment system is considerable. However, the tendency toward using better technology and equipment to get better results will drive the market demand throughout the projection period. However, hefty initial investment and a scarcity of skilled specialists are two reasons that may limit industry expansion.
Global Automotive Wheel Alignment Machines Market: Segmentation Analysis
The Global Automotive Wheel Alignment Machines Market is Segmented on the basis of Technology, Mobility, Vehicles, and Geography.
Automotive Wheel Alignment Machines Market, By Technology
- CCD Aligner
- 3D Aligner
Based on Technology, the market is bifurcated into CCD Aligner and 3D Aligner. Both technologies operate on completely separate principles and are not interchangeable. The procedures produce the same results; however, there may be minor changes depending on the operator or other working conditions. CCD wheel aligner machines, on the other hand, are less expensive than 3D wheel aligner machines. The cost of equipment is the main reason that CCD wheel aligners dominate the Global market.
Automotive Wheel Alignment Machines Market, By Mobility
- Fixed
- Portable
Based on Mobility, the market is bifurcated into fixed and portable. Fixed wheel alignment machines are typically seen in automobile assembly plants. Portable wheel alignment machines are compact and are commonly used in vehicle repair shops. Because of its numerous applications and benefits, the portable wheel alignment machines segment accounted for a sizable portion of the market.
Automotive Wheel Alignment Machines Market, By Vehicles
- Passenger
- Commercial
- Others
Based on Vehicles, the market is bifurcated into Passenger, Commercial, and others. Passenger cars accounted for the largest market share and are expected to increase at a rapid rate over the forecast period. It is due to rising disposable income and urbanization, which are driving up demand for passenger cars. As a result, the expansion of the passenger car category is likely to drive the Global market.
Automotive Wheel Alignment Machines Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
The Global Automotive Wheel Alignment Machines Market is segmented based on regions which are North America, Europe, Asia Pacific, Rest of the world. During the forecast period, Asia Pacific (APAC) is expected to account for the highest share of the Global market as a result of rising disposable income and living standards among the middle class Furthermore, due to a growth in the fleet size of passenger automobiles in the country, the market is likely to have a considerable position in Asia-Pacific developed economies such as Japan. The greater numbers of vehicles in use and vehicle sales are important factors contributing to the Asia Pacific and North America holding a larger part of the worldwide market.
Key Players
The “Global Automotive Wheel Alignment Machines Market” research report will provide useful information with a focus on the global market. The major players in the market are ACTIA Group, Snap-on, Manatec Electronics, RAVAmerica, Corghi, Hofmann TeSys, Atlas Auto Equipment, Hunter Engineering Company, Manatec Electronics Private Limited, and Eagle Equipment among other domestic and global players. The competitive landscape section also includes key development strategies, market share, and market ranking analysis on a global scale for the aforementioned players.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| UNIT | Value (USD Billion) |
| Key Companies Profiled | ACTIA Group, Snap-on, Manatec Electronics, RAVAmerica, Corghi, Hofmann TeSys, Atlas Auto Equipment. |
| Segments Covered | By Technology, By Mobility, By Vehicles, And By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research:
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• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET, BY TECHNOLOGY
5.1 Overview
5.2 CCD aligner
5.3 3D aligner
6 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET, BY MOBILITY
6.1 Overview
6.2 Fixed
6.3 Portable
7 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET, BY VEHICLES
7.1 Overview
7.2 Passenger
7.3 Commercial
7.4 Others
8 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Spain
8.3.4 Italy
8.3.5 U.K.
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL AUTOMOTIVE WHEEL ALIGNMENT MACHINES MARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 ACTIA Group
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Snap-on
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Manatec Electronics
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 RAVAmerica
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Corghi
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Hofmann TeSys
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Atlas Auto Equipment
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Hunter Engineering Company
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Manatec Electronics Private Limited
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Eagle Equipment
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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