Global Wheel Balancer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

SKU ID : GIR-GIR1901260365 13046944

Publishing Date : 01-Feb-2019

No. of pages : 138


  • 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.

    Scope of the Report:
    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 worldwide market for Wheel Balancer is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new study.
    This report focuses on the Wheel Balancer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

    Market Segment by Manufacturers, this report covers
    Hennessy Industries
    Cormach Srl
    Sino-Italian Taida
    Zhongda Group

    Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Market Segment by Type, covers
    Below 15 inches or less
    15 inches to 24 inches
    Above 24 inches

    Market Segment by Applications, can be divided into
    4S Shop
    Repair Shop
    Motor Vehicle Manufacturers

    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Wheel Balancer product scope, market overview, market opportunities, market driving force and market risks.
    Chapter 2, to profile the top manufacturers of Wheel Balancer, with price, sales, revenue and global market share of Wheel Balancer in 2017 and 2018.
    Chapter 3, the Wheel Balancer competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Wheel Balancer breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
    Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
    Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
    Chapter 12, Wheel Balancer market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
    Chapter 13, 14 and 15, to describe Wheel Balancer sales channel, distributors, customers, research findings and conclusion, appendix and data source.

    Frequently Asked Questions

    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports