Los Angeles, CA -- (SBWire) -- 05/24/2019 --Aging vehicles, growing annual mileage and retaining patterns in vehicle owners are creating recurring demand for advanced wheel and tire service equipment.
On the basis of equipment type, wheel alignment systems are likely to gain lion's share of the market by 2025-end, in terms of value. This is mainly because of penetration of computerized wheel alignment systems, which are completely automatic, highly accurate, precise and quick in operation.
The global Wheel and Tire Service Equipment market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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This report studies the Wheel and Tire Service Equipment market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; 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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Wheel and Tire Service Equipment in these regions, from 2014 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)
By the product type, the market is primarily split into
Wheel Alignment System
Wheel Balancer
Tire Inflator
Tire Changer
By the end users/application, this report covers the following segments
Two Wheelers
Light Vehicles
Heavy Vehicles
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Wheel and Tire Service Equipment Report on Market Status by Players, Types and Applications Forecast to 2025
Wheel and Tire Service Equipment Market 2019 Global Industry Analysis By Key Players- Robert Bosch, Continental, Corghi, Boston Garage Equipment, Aro Equipments, Snap-on, MAHA Mechanical Engineering, Guangzhou Jingjia Auto Equipment, Zhongda Group, Sarveshwari Technologies Limited (SARV)