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Global Wheel Balancer Market Report, History and Forecast 2013-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2018-09-13   |   Pages: 153   |   Tables: 184   | Report Id: 485322   | Hits: 26 |   Automobile & Transportation

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Summary


This report studies the Wheel Balancer market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.


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.

This report analyzed wheel balancer in three major forms which are car, truck and motorcycle wheel balancers.

At present, in developed countries, the wheel balancer industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe and China. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Asia companies.Many big name brands has transfer their production to the original equipment manufacturer in China.Wth the growth of China labor cost,it will be a mainstream trend to transfer to other low labor cost countries in Asia region.

China’s wheel balancer industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved at currently and China has become the largest production and consumption country of automobile, but most of the production technology is relatively laggard to produce some low-end wheel balancer product. Wheel Balancer is a labor intensive industry.The famous brand in China,like DALIQIBAO, Bright and Taida all produce wheel balancer product for foreign big name brand,like Atlas(US), Ranger(US),ATH(Germany),etc.All other Chinese manufacturers buy the majority of their component parts from dozens of small Chinese factories and assemble these component parts to produce their tire changers and wheel balancers.

The global Wheel Balancer market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.


Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Wheel Balancer in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)


The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Corghi

BOSCH

Snap-on

Hunter

Hennessy Industries

MAHA

CEMB

Cormach Srl

Ravaglioli

Giuliano

DALIQIBAO

Bright

Balancer

Sino-Italian Taida

Zhongda Group

Coseng

Anchor

Kwingtone

Hongpu

TGQB

By the product type, the market is primarily split into

Below 15 inches or less

15 inches to 24 inches

Above 24 inches

By the end users/application, this report covers the following segments

4S Shop

Repair Shop

Motor Vehicle Manufacturers

Others


We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa


The study objectives of this report are:

To study and analyze the global Wheel Balancer market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of Wheel Balancer market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Wheel Balancer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Wheel Balancer with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Wheel Balancer submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.


In this study, the years considered to estimate the market size of Wheel Balancer are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025


This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wheel Balancer market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.


For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries


Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Wheel Balancer market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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