Wheel Balancing Market Report 2026

The wheel balancing market size has grown strongly in recent years. It will grow from $2.92 billion in 2025 to $3.1 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of automotive service networks, growth in passenger vehicles, tire replacement demand, adoption of dynamic balancing, workshop equipment upgrades.

The wheel balancing market size is expected to see strong growth in the next few years. It will grow to $3.92 billion in 2030 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to electric vehicle adoption, demand for precision balancing, smart workshop integration, growth of commercial transport fleets, automation in vehicle servicing. Major trends in the forecast period include shift toward automated balancing machines, growth of high-speed balancing systems, integration with digital displays, demand from commercial fleets, focus on vibration reduction.

The growing demand for electric vehicles is expected to significantly drive the growth of the wheel balancing market in the coming years. Electric vehicles (EVs) are powered entirely or partially by electricity, utilizing batteries or fuel cells instead of traditional internal combustion engines. The rise in demand for EVs is fueled by increasing environmental awareness, government incentives, and advancements in battery technology, which have improved both the efficiency and affordability of these vehicles. Wheel balancing plays a crucial role in enhancing the performance of electric vehicles by reducing tire wear, minimizing energy loss, and improving driving stability, ultimately making EVs more reliable and cost-effective, thus further boosting their demand. For example, according to the International Energy Agency in April 2023, global EV sales reached 10 million in 2022, with China accounting for 60%, Europe increasing by 15%, and the U.S. by 55%. By the end of 2023, sales surged to 14 million, marking a 35% increase, driven by China’s market dominance and continued growth in Europe and the U.S. due to policy support. As such, the increasing demand for electric vehicles is fueling growth in the wheel balancing market.

Companies in the wheel balancing market are focusing on developing advanced products such as heavy-duty wheel balancers to manage larger, heavier wheels with enhanced precision. Heavy-duty wheel balancers are specialized machines designed to balance the large wheels of commercial trucks, buses, and industrial vehicles, ensuring smooth operation and reducing tire wear. For example, in January 2025, ARI-HETRA, a US-based manufacturer of transportation maintenance equipment, introduced the WS-25WB50, WS-25WB30, and WS-25WB10 heavy-duty wheel balancers. The WS-25WB series provides advanced wheel balancing solutions tailored to various needs. The Premium Model (WS-25WB50) features a 19-inch LCD display, an online management console, and a built-in wheel lift for easy handling. The Advanced Model (WS-25WB30) offers a digital display, the same online management system, and a built-in wheel lift for smooth operation. For portability, the Compact Model (WS-25WB10) runs on a battery-powered display, includes an online console, and features a hand-crank wheel lift. All models support tires up to 50 inches in diameter, 440 lbs in weight, and rim sizes ranging from 8 to 26 inches, requiring an air supply for operation.

In January 2025, Martins Industries, a Canada-based tire equipment manufacturer, acquired ABC American Balancing Corp. for an undisclosed sum. This acquisition enhances Martins Industries’ wheel balancing portfolio by integrating ABC American Balancing Corp.’s bead-based balancing technology, which strengthens its position in the market and expands its ability to provide efficient and precise solutions for a wider range of vehicles, including motorcycles. ABC American Balancing Corp. specializes in tire balancing beads and is also based in Canada.

Major companies operating in the wheel balancing market report include Hunter Engineering Company, Ravaglioli S.p.A., Corghi Pty Ltd., Snap-on Incorporated, ATS Elgi Limited, Shanghai Balance Automotive Equipment Co., Ltd., Beissbarth GmbH, CEMB S.p.A., Icon Autocraft Pvt Ltd., Tecalemit Garage Equipment Company Limited, Atlas Auto Equipment, Hofmann, Giuliano Industrial S.p.A., Delta Equipment, BendPak Holdings LLC, Sice Srl, Mayflower Equipment Co. Inc., The Coats Company, Naman Automotive Solutions, Hi-tech Pneumatics, and Techfanatics Equipment Limited.

North America was the largest region in the wheel balancing market in 2025. The regions covered in the wheel balancing market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wheel balancing market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The wheel balancing market consists of revenues earned by entities by providing services such as wheel alignment, custom wheel installation, tire mounting, and dismounting. The market value includes the value of related goods sold by the service provider or included within the service offering. The wheel balancing market also includes sales of wheel weights, tire changers, wheel alignment systems, air compressors, balancing beads, and powders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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