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3D Wheel Aligners Market Size, Share Global Analysis Report, , 2021 – 2026

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3D Wheel Aligners Market By Type (2-Camera, 3-Camera, 4-Camera, 5-Camera, & 6-Camera), By Mounting Type (Auto Boom, Lift Version, Pit Version, & Wall Mount), By Vehicle Type (Road Vehicles & Off-Road Vehicles), By End-User (Garage, Auto Manufacturers, Tire Manufacturers, & Others), and By Regions - Global and Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026

Industry Insights

[187+ Pages Report] The global 3D wheel aligners market was calculated at USD 98.7 Million in 2020, and it is expected to generate revenue around USD 127.1 Million by the end of 2026, growing at a CAGR of around 4.3% between 2021 and 2026, according to a report published by Facts and Factors titled "3D Wheel Aligners Market."

logoMarket Overview

3D wheel alignment refers to a mechanical device that performs and regulates the most minute wheel alignment on a wide range of vehicles. In essence, the following operation is performed using a set of cameras for each wheel alongside computed reference systems with the variety of camber and inclination pendulums provided in each sensor's head. Perfect wheel alignment is required for the smooth functioning of any vehicle. Improper alignment can cause harmful effects on the suspension system as well and cause irreversible damage and further damage and pre-pone the cycle life of a tire.

logoIndustry Growth Factors

High demand for privately-owned vehicles across the globe will propel the growth of the 3D wheel aligner over the forecast period. The properly aligned wheel can extend the life-cycle of the wheel and other adjoining components by a large part. Additionally, with the growth of the tire market on the horizon, better maintenance needs and raise awareness about automobile and tire safety will further propel the growth of the 3D wheel aligners market during the forecast period. Furthermore, a properly aligned wheel can prevent tire wear, provide better steering ability, provide a comfortable ride, and enhance the self-centering of the vehicle. These factors further provide new opportunities for the 3D wheel aligner market to grow. However, expensive initial materials and complex operational cycles required for manufacturing and maintaining 3D wheel aligners can hamper the growth of the market to a certain extent.

3D Wheel Aligners Market

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logoSegmentation Analysis

The global 3D wheel aligner market can be segmented on the basis of product type, mounting type, end-user, vehicle type, and region.

On the basis of product type, the 3D wheel aligner market can be divided into 2-camera, 3-camera, 4-camera, 5-camera, and 6-camera. The 4-camera 3D wheel aligner will occupy the highest market growth during the forecast. On the basis of mounting type, the 3D wheel aligner market can be divided into the auto boom, lift version, pit version, and wall mount. A majority of 3D wheel aligners are equipped with pit version mounting; however, the segment of the auto boom will witness the highest growth CAGR during the forecast period. On the basis of end-user, the 3D wheel aligner market can be segmented on the basis of the garage, auto manufacturers, tire manufacturers, and others. The garage and auto manufacturing segments will account for the largest market share during the forecast period due to the higher efficiency of protecting tires from rapid wear and tear. On the basis of vehicle type, the 3D wheel aligner market can be divided into the road and off-road vehicles. The off-road vehicles will occupy the largest market share during the forecast period owing to the toughened use case scenario of the latter which leads to constant tuning and maintenance.

logo Regional Analysis

The region of Asia-Pacific is expected to recoup the largest market share during the forecast period with China being touted as the world’s largest contributor to the 3D wheel aligner market. China is the world’s largest automobile consumer and producer which makes the region a highly viable region for the market. Germany will occupy the region of Europe which is expected to grow at a steady rate during the forecast period. The increase in the manufacturing hubs and increased requirement of widened application for the sector will drive the market of 3D wheel aligners during the forecast.

logoReport Scope

Report Attribute

Details

Market Size in 2020

USD 98.7 Million

Projected Market Size in 2026

USD 127.1 Million

Growth Rate

CAGR 4.3%

Base Year

2019

Forecast Years

2020–2026

Key Market Players

Actia Muller, Beissbarth GmbH, Snap-On Incorporated, Launch Tech Co. Ltd, Panther Electronic Machinery Equipment, Yingkou Hanway Technology Co Ltd., Shenzhen 3Excel Tech Co Ltd., Corghi S.p. A, Hunter Engineering Company, and Yantai Haide Science & Technology, among others.

Key Segment

By Type, By Mounting, By End-User, By Vehicle, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logo Competitive Players

The major participants in the 3D wheel aligner market are:

  • Actia Muller
  • Beissbarth GmbH
  • Snap-On Incorporated
  • Launch Tech Co. Ltd
  • Panther Electronic Machinery Equipment
  • Yingkou Hanway Technology Co Ltd.
  • Shenzhen 3Excel Tech Co Ltd.
  • Corghi S.p. A
  • Hunter Engineering Company
  • Yantai Haide Science & Technology
  • among others.

logo By Type Segment Analysis

  • 2-Camera
  • 3-Camera
  • 4-Camera
  • 5-Camera
  • 6-Camera

logo By Mounting Type Segment Analysis

  • Auto Boom
  • Lift Version
  • Pit Version
  • Wall Mount

logo By End-User Segment Analysis

  • Garage
  • Auto Manufacturers
  • Tire Manufacturers
  • Others

logo By Vehicle Type Segment Analysis

  • Road Vehicle
  • Off-Road Vehicle

logo By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Industry Major Market Players

  • Actia Muller
  • Beissbarth GmbH
  • Snap-On Incorporated
  • Launch Tech Co. Ltd
  • Panther Electronic Machinery Equipment
  • Yingkou Hanway Technology Co Ltd.
  • Shenzhen 3Excel Tech Co Ltd.
  • Corghi S.p.A
  • Hunter Engineering Company
  • Yantai Haide Science & Technology

Frequently Asked Questions

3D wheel alignment refers to a mechanical device that performs and regulates the most minute wheel alignment on a wide range of vehicles.
High demand for privately-owned vehicles across the globe will propel the growth of the 3D wheel aligner over the forecast period.
The global 3D wheel aligners market was calculated at USD 98.7 Million in 2020, and it is expected to generate revenue around USD 127.1 Million by the end of 2026, growing at a CAGR of around 4.3% between 2021 and 2026, according to a report published by Facts and Factors titled "3D Wheel Aligners Market."
The CAGR value of 3D Wheel Aligners market is expected to be around 4.3% during 2021-2026.
The global 3D Wheel Aligners market is expected to witness the highest growth in "Asia-Pacific".
The major participants in the 3D wheel aligner market are Actia Muller, Beissbarth GmbH, Snap-On Incorporated, Launch Tech Co. Ltd, Panther Electronic Machinery Equipment, Yingkou Hanway Technology Co Ltd., Shenzhen 3Excel Tech Co Ltd., Corghi S.p. A, Hunter Engineering Company, and Yantai Haide Science & Technology, among others.