Global Wheel Balancer Competitive Landscape Professional Research Report 2024

Global Wheel Balancer Competitive Landscape Professional Research Report 2024

Research Summary

A wheel balancer is a specialized tool used in automotive workshops to balance the weight distribution of a vehicle＇s wheels and tires. Proper wheel balancing ensures smooth operation, reduces tire wear, improves vehicle handling, and minimizes vibrations while driving. The wheel balancer consists of a machine with a spinning shaft or axle onto which the wheel and tire assembly is mounted. Sensors or detectors within the machine measure any imbalances in the wheel and tire combination as it spins. Based on these measurements, the wheel balancer calculates the amount and location of weights needed to counterbalance the imbalance. The technician then adds or removes weights to achieve the desired balance. Wheel balancers come in various configurations, including static and dynamic balancing systems, as well as manual and automated machines. Some advanced wheel balancers feature digital displays, laser measurement systems, and automatic weight placement capabilities for precise balancing. Proper wheel balancing is essential for vehicle safety and performance, making wheel balancers indispensable tools in automotive maintenance and repair shops.

According to DIResearch's in-depth investigation and research, the global Wheel Balancer market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of Wheel Balancer include Corghi, BOSCH, Snap-on, Hunter, Hennessy Industries, MAHA, CEMB, Cormach Srl, Ravaglioli, Giuliano, DALIQIBAO, Bright, Balancer, Sino-Italian Taida, Coseng, Anchor, Kwingtone etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Wheel Balancer. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Wheel Balancer market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Wheel Balancer market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Wheel Balancer industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Wheel Balancer Include:

Corghi

BOSCH

Snap-on

Hunter

Hennessy Industries

MAHA

CEMB

Cormach Srl

Ravaglioli

Giuliano

DALIQIBAO

Bright

Balancer

Sino-Italian Taida

Coseng

Anchor

Kwingtone

Wheel Balancer Product Segment Include:

Below 15 inches or less

15 inches to 24 inches

Above 24 inches

Wheel Balancer Product Application Include:

4S Shop

Repair Shop

Motor Vehicle Manufacturers

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Wheel Balancer Industry PESTEL Analysis

Chapter 3: Global Wheel Balancer Industry Porter’s Five Forces Analysis

Chapter 4: Global Wheel Balancer Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Wheel Balancer Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Wheel Balancer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Wheel Balancer Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources