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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.
Market Analysis and Insights: Global Wheel Balancer Market
The global Wheel Balancer market was valued at US$ 786.5 in 2020 and will reach US$ 933.7 million by the end of 2027, growing at a CAGR of 2.9% during 2022-2027.
Global Wheel Balancer Scope and Market Size
The global Wheel Balancer market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wheel Balancer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Below 15 inches or less
15 inches to 24 inches
Above 24 inches
Segment by Application
4S Shop
Repair Shop
Motor Vehicle Manufacturers
Others
The Wheel Balancer market is analysed and market size information is provided by regions (countries). Segment by Application, the Wheel Balancer market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
This report analyzed wheel balancer in three major forms which are car, truck and motorcycle wheel balancers.
Market Analysis and Insights: Global Wheel Balancer Market
The global Wheel Balancer market was valued at US$ 786.5 in 2020 and will reach US$ 933.7 million by the end of 2027, growing at a CAGR of 2.9% during 2022-2027.
Global Wheel Balancer Scope and Market Size
The global Wheel Balancer market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wheel Balancer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Below 15 inches or less
15 inches to 24 inches
Above 24 inches
Segment by Application
4S Shop
Repair Shop
Motor Vehicle Manufacturers
Others
The Wheel Balancer market is analysed and market size information is provided by regions (countries). Segment by Application, the Wheel Balancer market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
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.
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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.
