Quick Summary:
Navigating the complex and dynamic landscape of the automotive wheel alignment system market requires sharp insights and a comprehensive understanding of the key drivers, trends and challenges. We offer an exhaustive market research report that delivers a holistic picture of the current market scenario, keeping you informed about the evolving dynamics of this booming industry.
Fueled by the increasing global number of vehicles, advancements in aftermarket distribution channels, and the enforcement of stringent regulations for emission control and fuel efficiency, the automotive wheel alignment system market promises significant growth potential. The development of Advanced Driver Assistance Systems (ADAS) ready wheel alignment systems can be credited as a prime stimulant for market expansion. Furthermore, the rise in wireless solutions and the growing online purchase of automotive products are poised to drive considerable demand. Armed with this report, stakeholders can confidently strategize and seize forthcoming growth opportunities to bolster their market position.
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The automotive wheel alignment system market is forecasted to grow by USD 592.04 mn during 2022-2027, accelerating at a CAGR of 7.4% during the forecast period. The report on the automotive wheel alignment system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of vehicles globally, improving automotive aftermarket distribution channel and supply chain network, and stringent regulations to control emissions and maximize fuel efficiency.
The automotive wheel alignment system market is segmented as below:
By Application
- Passenger car
- Commercial vehicle
By Type
- CCD WAS
- 3D WAS
- DIY WAS
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive wheel alignment system market covers the following areas:
- Automotive wheel alignment system market sizing
- Automotive wheel alignment system market forecast
- Automotive wheel alignment system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global automotive wheel alignment system market: Alignment Simple Solutions LLC, ATS ELGI, CEMB Spa, Dover Corp., Fori Automation Inc., HAWEKA AG, Hunter Engineering Co., ISN Canada Group Holdings Inc., Manatec Electronics Pvt. Ltd., Naman Automotive Solutions, Nussbaum Automotive Solutions LP, Porsche Automobil Holding SE, Robert Bosch GmbH, Sunrise Instruments Pvt. Ltd., Tecalemit Garage Equipment Co. Ltd., Techfanatics Equipment Ltd., Technomatic Automotive Components Pvt. Ltd., TechnoVector Group, The Cartek Group, and Yantai Autenf Automobile Services Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is development of adas-ready wheel alignment systems.'
According to the report, one of the major drivers for this market is the increasing number of vehicles globally.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alignment Simple Solutions LLC
- ATS ELGI
- CEMB Spa
- Dover Corp.
- Fori Automation Inc.
- HAWEKA AG
- Hunter Engineering Co.
- ISN Canada Group Holdings Inc.
- Manatec Electronics Pvt. Ltd.
- Naman Automotive Solutions
- Nussbaum Automotive Solutions LP
- Porsche Automobil Holding SE
- Robert Bosch GmbH
- Sunrise Instruments Pvt. Ltd.
- Tecalemit Garage Equipment Co. Ltd.
- Techfanatics Equipment Ltd.
- Technomatic Automotive Components Pvt. Ltd.
- TechnoVector Group
- The Cartek Group
- Yantai Autenf Automobile Services Co. Ltd.
