Global Wheel Chocks Market Growth 2023-2029

Global Wheel Chocks Market Growth 2023-2029

Wheel chocks (or chocks) are wedges of sturdy material placed closely against a vehicle's wheels to prevent accidental movement. Chocks are placed for safety in addition to setting the brakes. The bottom surface is sometimes coated in rubber to enhance grip with the ground.

Wheel Chocks are also known as: stop blocks, chock blocks, wheel wedges and cuñas.

LPI (LP Information)' newest research report, the “Wheel Chocks Industry Forecast” looks at past sales and reviews total world Wheel Chocks sales in 2022, providing a comprehensive analysis by region and market sector of projected Wheel Chocks sales for 2023 through 2029. With Wheel Chocks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wheel Chocks industry.

This Insight Report provides a comprehensive analysis of the global Wheel Chocks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wheel Chocks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wheel Chocks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wheel Chocks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wheel Chocks.

The global Wheel Chocks market size is projected to grow from US$ 123.1 million in 2022 to US$ 131.4 million in 2029; it is expected to grow at a CAGR of 131.4 from 2023 to 2029.

Global key manufacturers of Wheel Chocks include Justrite (Checkers), Luoyang Shiqi Technology, Daoming Optical, Durable Corporation, Anhui Qingsong, etc. Global top five manufacturers hold a share about 15%. Asia Pacific is the largest market of Wheel Chocks, holds a share over 55%. In terms of product, the Rubber Wheel Chocks holds a share of over 55%. And in terms of application, the largest application is Heavy Vehicle, with a share of over 90%.

This report presents a comprehensive overview, market shares, and growth opportunities of Wheel Chocks market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rubber Wheel Chocks
Urethane Wheel Chocks
Metal Wheel Chocks
Plastic Wheel Chocks

Segmentation by application
Heavy Vehicle
Light Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Durable Corporation
B&D Manufacturing
Justrite (Checkers)
DL Manufacturing
Vestil Manufacturing
Aldon Company
Driver Industrial Safety
Erickson Manufacturing
Barrier Group
Shercom Industries
Perfect Seal
Chengdu Rongxiang Technology
Hangzhou Kangda Tools
Daoming Optical
Shandong Hoton Automobile Technology
Qingdao Kingstone Industry
Guangzhou Dingan Traffic Technology
Anhui Qingsong
Luoyang Shiqi Technology
Cixi HaoXing Auto Parts

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wheel Chocks market?

What factors are driving Wheel Chocks market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wheel Chocks market opportunities vary by end market size?

How does Wheel Chocks break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.