What Has Been The Evolution of the Wheel Aligner Equipment Market in Recent Years?
The wheel aligner equipment market has seen considerable growth due to a variety of factors.
• Recent years have seen a solid growth in the size of the wheel aligner equipment market. The market is projected to expand from a value of $1.51 billion in 2024 to $1.62 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.2%.
Multiple factors have contributed to this historic growth, including increased demand for heavy-duty wheel aligners, the expansion of the motorsports industry, the rising need for multi-functional alignment systems, increased consumption of commercial vehicles, and a surge in demand for electric vehicles (EVs).
What Is the Forecasted Market Size and Growth Rate for The Wheel Aligner Equipment Market Size In The Coming Years?
The wheel aligner equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of wheel aligner equipment is anticipated to witness robust growth in the forthcoming years. The market is projected to surge to $1.98 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 5.2%.
Factors contributing to this growth during the forecast period include an increase in automotive repairs, a rise in vehicle production, more complex vehicle suspension systems, an upswing in disposable income, and escalating demand for multi-functional alignment systems. Technological progressions, vehicle diagnostic systems, mobile wheel aligners, software-aligned solutions, and integration of telematics constitute the prominent trends to look out for in the forecast period.
What Factors Are Driving Growth In The Wheel Aligner Equipment Market?
The burgeoning demand in the automotive sector is set to drive the expansion of the wheel alignment equipment market. The automotive sector, which covers the conception, production, promotion, and sale of vehicles and related parts such as cars, trucks, motorcycles, is witnessing a surge in demand. This growth can be attributed to factors such as higher disposable income, urbanization, governmental incentives, and a rising demand for commercial vehicles in sectors like e-commerce and logistics.
The wheel alignment equipment plays a crucial role in the automotive sector, as it adjusts the wheel's angles to optimize security, fuel efficiency, as well as extend the life of the tire. This makes it indispensable to service stations, repair garages, and production facilities. For example, in January 2025, the UK’s car and light vehicle manufacturing is forecasted to hit around 839,000 units, according to the Society of Motor Manufacturers and Traders, a trade organization based in the UK. It is projected to increase to 930,000 units by 2027 and then surge past 1.1 million by 2030. Hence, the escalating demand from the automotive sector is propelling the growth of the wheel alignment equipment market.
What Are The Main Segments Of The Global Wheel Aligner Equipment Market?
The wheel aligner equipment market covered in this report is segmented –
1) By Product Type: Imaging Wheel Aligners, Conventional Wheel Aligners, Truck Wheel Aligners
2) By Mobility: Fixed, Portable
3) By Technology: 3D Wheel Aligners, Laser-Based Wheel Aligners, Infrared Wheel Aligners, Other Technologies
4) By End Users: Garages, Auto Original Equipment Manufacturers, Other End Users
Subsegments:
1) By Imaging Wheel Aligners: 3D Imaging Wheel Aligners, CCD (Charge-Coupled Device) Wheel Aligners, Laser-Based Imaging Wheel Aligners, High-Precision Digital Imaging Wheel Aligners
2) By Conventional Wheel Aligners: Manual Wheel Aligners, Optical Wheel Aligners, Mechanical Wheel Aligners, Analog Wheel Aligners
3) By Truck Wheel Aligners: Heavy-Duty Truck Wheel Aligners, Trailer Wheel Aligners, Bus Wheel Aligners, Off-Road Vehicle Wheel Aligners
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What Trends Are Reshaping The Future Of The Wheel Aligner Equipment Market?
Major companies operating in the wheel aligner equipment market are focusing on developing innovative solutions, such as bluetooth lite wheel aligners, to enhance accuracy, efficiency, and ease of use in vehicle alignment processes. A bluetooth Lite wheel aligner is a wireless alignment system that uses bluetooth technology for precise, efficient, and hassle-free vehicle wheel adjustments in automotive workshops. For instance, in April 2022, Absolute Alignment, an England-based manufacturer of wheel alignment equipment, launched the Bluetooth Lite wheel aligner, a compact and cost-effective 6-sensor CCD four-wheel alignment system. Designed for smaller workshops and tire bays, this device offers a competitive alternative to traditional laser aligners. The Bluetooth Lite wheel aligner, featuring front turn plates, wheel clamps, and a steering wheel clamp, enhances profitability by efficiently offering wheel alignment services in high-throughput environments, making it versatile for various workshop setups.
Who Are the Key Players In The Wheel Aligner Equipment Market?
Major companies operating in the wheel aligner equipment market are:
• Toyota Motor Corporation
• Robert Bosch GmbH
• Continental AG
• Bridgestone Corporation
• Snap-on Incorporated
• Hofmann Megaplan GmbH
• Newtech Equipment
• Hunter Engineering Company
• Fori Automation Inc.
• Ravaglioli S.p.A.
• Corghi S.p.A.
• ELGi Equipments Limited
• Apex Technologies
• Manatec Electronics Private Limited
• Beissbarth GmbH
• CEMB S.p.A.
• Pramukh Equipments
• Delta Power Equipments
• Giuliano Industrial S.p.A.
• Icon Autocraft Pvt. Ltd.
What Is The Most Dominant Region In The Wheel Aligner Equipment Market?
Asia-Pacific was the largest region in the wheel aligner equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wheel aligner equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
