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Wheel Balancer-Global Market Insights and Sales Trends 2024

Wheel Balancer-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1815805

No of Pages : 118

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Synopsis
Wheel balancer is a device which can minimize the centrifugal force and the abnormal wear and tear of vehicle wheels. Wheel dynamic balance refers to the varying degrees centrifugal force in each direction when the wheel rotates. When dynamic balance the state is not good, centrifugal force of one direction is too large or too small, thus affecting the quality of, and it can easily cause a puncture or accidents after the tire mounted to the car. Therefore before the tires leave the factory or when repair and maintenance, wheel dynamic balance test should be carried out. And the testing tool is wheel balancer.
The global Wheel Balancer market size is expected to reach US$ 963 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wheel Balancer in various end use industries. The expanding demands from the 4S Shop, Repair Shop, Motor Vehicle Manufacturers and Others, are propelling Wheel Balancer market. Below 15 inches or less, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 15 inches to 24 inches segment is estimated at % CAGR for the next seven-year period.
China is the largest market with about 45% market share. Europe is follower, accounting for about 30% market share.
The key players are Corghi, BOSCH, Snap-on, Hunter, Hennessy Industries, MAHA, CEMB, Cormach Srl, Ravaglioli, Giuliano, DALIQIBAO, Bright, Balancer, Sino-Italian Taida, Coseng, Anchor, Kwingtone etc. Top 3 companies occupied about 47% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wheel Balancer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wheel Balancer market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wheel Balancer market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wheel Balancer sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wheel Balancer covered in this report include Corghi, BOSCH, Snap-on, Hunter, Hennessy Industries, MAHA, CEMB, Cormach Srl and Ravaglioli, etc.
The global Wheel Balancer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Corghi
BOSCH
Snap-on
Hunter
Hennessy Industries
MAHA
CEMB
Cormach Srl
Ravaglioli
Giuliano
DALIQIBAO
Bright
Balancer
Sino-Italian Taida
Coseng
Anchor
Kwingtone
Global Wheel Balancer market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wheel Balancer market, Segment by Type:
Below 15 inches or less
15 inches to 24 inches
Above 24 inches
Global Wheel Balancer market, by Application
4S Shop
Repair Shop
Motor Vehicle Manufacturers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wheel Balancer manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wheel Balancer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Wheel Balancer Market Overview
1.1 Wheel Balancer Product Overview
1.2 Wheel Balancer Market Segment by Type
1.2.1 Below 15 inches or less
1.2.2 15 inches to 24 inches
1.2.3 Above 24 inches
1.3 Global Wheel Balancer Market Size by Type
1.3.1 Global Wheel Balancer Market Size Overview by Type (2018-2029)
1.3.2 Global Wheel Balancer Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wheel Balancer Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wheel Balancer Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wheel Balancer Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wheel Balancer Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wheel Balancer Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wheel Balancer Sales Breakdown by Type (2018-2023)
2 Global Wheel Balancer Market Competition by Company
2.1 Global Top Players by Wheel Balancer Sales (2018-2023)
2.2 Global Top Players by Wheel Balancer Revenue (2018-2023)
2.3 Global Top Players by Wheel Balancer Price (2018-2023)
2.4 Global Top Manufacturers Wheel Balancer Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wheel Balancer Market Competitive Situation and Trends
2.5.1 Wheel Balancer Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wheel Balancer Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wheel Balancer as of 2022)
2.7 Date of Key Manufacturers Enter into Wheel Balancer Market
2.8 Key Manufacturers Wheel Balancer Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wheel Balancer Status and Outlook by Region
3.1 Global Wheel Balancer Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wheel Balancer Historic Market Size by Region
3.2.1 Global Wheel Balancer Sales in Volume by Region (2018-2023)
3.2.2 Global Wheel Balancer Sales in Value by Region (2018-2023)
3.2.3 Global Wheel Balancer Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wheel Balancer Forecasted Market Size by Region
3.3.1 Global Wheel Balancer Sales in Volume by Region (2024-2029)
3.3.2 Global Wheel Balancer Sales in Value by Region (2024-2029)
3.3.3 Global Wheel Balancer Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wheel Balancer by Application
4.1 Wheel Balancer Market Segment by Application
4.1.1 4S Shop
4.1.2 Repair Shop
4.1.3 Motor Vehicle Manufacturers
4.1.4 Others
4.2 Global Wheel Balancer Market Size by Application
4.2.1 Global Wheel Balancer Market Size Overview by Application (2018-2029)
4.2.2 Global Wheel Balancer Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wheel Balancer Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wheel Balancer Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wheel Balancer Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wheel Balancer Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wheel Balancer Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wheel Balancer Sales Breakdown by Application (2018-2023)
5 North America Wheel Balancer by Country
5.1 North America Wheel Balancer Historic Market Size by Country
5.1.1 North America Wheel Balancer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wheel Balancer Sales in Volume by Country (2018-2023)
5.1.3 North America Wheel Balancer Sales in Value by Country (2018-2023)
5.2 North America Wheel Balancer Forecasted Market Size by Country
5.2.1 North America Wheel Balancer Sales in Volume by Country (2024-2029)
5.2.2 North America Wheel Balancer Sales in Value by Country (2024-2029)
6 Europe Wheel Balancer by Country
6.1 Europe Wheel Balancer Historic Market Size by Country
6.1.1 Europe Wheel Balancer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wheel Balancer Sales in Volume by Country (2018-2023)
6.1.3 Europe Wheel Balancer Sales in Value by Country (2018-2023)
6.2 Europe Wheel Balancer Forecasted Market Size by Country
6.2.1 Europe Wheel Balancer Sales in Volume by Country (2024-2029)
6.2.2 Europe Wheel Balancer Sales in Value by Country (2024-2029)
7 Asia-Pacific Wheel Balancer by Region
7.1 Asia-Pacific Wheel Balancer Historic Market Size by Region
7.1.1 Asia-Pacific Wheel Balancer Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wheel Balancer Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wheel Balancer Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wheel Balancer Forecasted Market Size by Region
7.2.1 Asia-Pacific Wheel Balancer Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wheel Balancer Sales in Value by Region (2024-2029)
8 Latin America Wheel Balancer by Country
8.1 Latin America Wheel Balancer Historic Market Size by Country
8.1.1 Latin America Wheel Balancer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wheel Balancer Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wheel Balancer Sales in Value by Country (2018-2023)
8.2 Latin America Wheel Balancer Forecasted Market Size by Country
8.2.1 Latin America Wheel Balancer Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wheel Balancer Sales in Value by Country (2024-2029)
9 Middle East and Africa Wheel Balancer by Country
9.1 Middle East and Africa Wheel Balancer Historic Market Size by Country
9.1.1 Middle East and Africa Wheel Balancer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wheel Balancer Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wheel Balancer Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wheel Balancer Forecasted Market Size by Country
9.2.1 Middle East and Africa Wheel Balancer Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wheel Balancer Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Corghi
10.1.1 Corghi Company Information
10.1.2 Corghi Introduction and Business Overview
10.1.3 Corghi Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Corghi Wheel Balancer Products Offered
10.1.5 Corghi Recent Development
10.2 BOSCH
10.2.1 BOSCH Company Information
10.2.2 BOSCH Introduction and Business Overview
10.2.3 BOSCH Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BOSCH Wheel Balancer Products Offered
10.2.5 BOSCH Recent Development
10.3 Snap-on
10.3.1 Snap-on Company Information
10.3.2 Snap-on Introduction and Business Overview
10.3.3 Snap-on Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Snap-on Wheel Balancer Products Offered
10.3.5 Snap-on Recent Development
10.4 Hunter
10.4.1 Hunter Company Information
10.4.2 Hunter Introduction and Business Overview
10.4.3 Hunter Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hunter Wheel Balancer Products Offered
10.4.5 Hunter Recent Development
10.5 Hennessy Industries
10.5.1 Hennessy Industries Company Information
10.5.2 Hennessy Industries Introduction and Business Overview
10.5.3 Hennessy Industries Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hennessy Industries Wheel Balancer Products Offered
10.5.5 Hennessy Industries Recent Development
10.6 MAHA
10.6.1 MAHA Company Information
10.6.2 MAHA Introduction and Business Overview
10.6.3 MAHA Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.6.4 MAHA Wheel Balancer Products Offered
10.6.5 MAHA Recent Development
10.7 CEMB
10.7.1 CEMB Company Information
10.7.2 CEMB Introduction and Business Overview
10.7.3 CEMB Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CEMB Wheel Balancer Products Offered
10.7.5 CEMB Recent Development
10.8 Cormach Srl
10.8.1 Cormach Srl Company Information
10.8.2 Cormach Srl Introduction and Business Overview
10.8.3 Cormach Srl Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Cormach Srl Wheel Balancer Products Offered
10.8.5 Cormach Srl Recent Development
10.9 Ravaglioli
10.9.1 Ravaglioli Company Information
10.9.2 Ravaglioli Introduction and Business Overview
10.9.3 Ravaglioli Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ravaglioli Wheel Balancer Products Offered
10.9.5 Ravaglioli Recent Development
10.10 Giuliano
10.10.1 Giuliano Company Information
10.10.2 Giuliano Introduction and Business Overview
10.10.3 Giuliano Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Giuliano Wheel Balancer Products Offered
10.10.5 Giuliano Recent Development
10.11 DALIQIBAO
10.11.1 DALIQIBAO Company Information
10.11.2 DALIQIBAO Introduction and Business Overview
10.11.3 DALIQIBAO Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.11.4 DALIQIBAO Wheel Balancer Products Offered
10.11.5 DALIQIBAO Recent Development
10.12 Bright
10.12.1 Bright Company Information
10.12.2 Bright Introduction and Business Overview
10.12.3 Bright Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Bright Wheel Balancer Products Offered
10.12.5 Bright Recent Development
10.13 Balancer
10.13.1 Balancer Company Information
10.13.2 Balancer Introduction and Business Overview
10.13.3 Balancer Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Balancer Wheel Balancer Products Offered
10.13.5 Balancer Recent Development
10.14 Sino-Italian Taida
10.14.1 Sino-Italian Taida Company Information
10.14.2 Sino-Italian Taida Introduction and Business Overview
10.14.3 Sino-Italian Taida Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Sino-Italian Taida Wheel Balancer Products Offered
10.14.5 Sino-Italian Taida Recent Development
10.15 Coseng
10.15.1 Coseng Company Information
10.15.2 Coseng Introduction and Business Overview
10.15.3 Coseng Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Coseng Wheel Balancer Products Offered
10.15.5 Coseng Recent Development
10.16 Anchor
10.16.1 Anchor Company Information
10.16.2 Anchor Introduction and Business Overview
10.16.3 Anchor Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Anchor Wheel Balancer Products Offered
10.16.5 Anchor Recent Development
10.17 Kwingtone
10.17.1 Kwingtone Company Information
10.17.2 Kwingtone Introduction and Business Overview
10.17.3 Kwingtone Wheel Balancer Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Kwingtone Wheel Balancer Products Offered
10.17.5 Kwingtone Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wheel Balancer Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wheel Balancer Industrial Chain Analysis
11.4 Wheel Balancer Market Dynamics
11.4.1 Wheel Balancer Industry Trends
11.4.2 Wheel Balancer Market Drivers
11.4.3 Wheel Balancer Market Challenges
11.4.4 Wheel Balancer Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wheel Balancer Distributors
12.3 Wheel Balancer Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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