Market Analysis and Insights: Global Automotive Wheel Alignment Service Market
Wheel alignment sometimes referred to as breaking, or tracking is part of standard automobile maintenance that consists of adjusting the angles of wheels to the car manufacturer specifications. The purpose of these adjustments is to reduce tire wear and to ensure that vehicle travel is straight and true (without 'pulling' to one side). Alignment angles can also be altered beyond the maker's specifications to obtain a specific handling characteristic. Motorsport and off-road applications may call for angles to be adjusted well beyond normal, for a variety of reason
The global Automotive Wheel Alignment Service market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Passenger Vehicles Wheel Alignment accounting for % of the Automotive Wheel Alignment Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While OEM segment is altered to an % CAGR throughout this forecast period.
China Automotive Wheel Alignment Service market size is valued at US$ million in 2021, while the North America and Europe Automotive Wheel Alignment Service are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Automotive Wheel Alignment Service landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Wheel Alignment Service market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Wheel Alignment Service market in terms of revenue.
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Global Automotive Wheel Alignment Service Scope and Market Size
Automotive Wheel Alignment Service market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Wheel Alignment Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Passenger Vehicles Wheel Alignment
Commercial Vehicles Wheel Alignment
Segment by Application
OEM
Aftermarket
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
3M
BMW AG
Bridgestone Corporation
Continental AG
DRiV Incorporated
Ford Motor Company
General Motors
Mahindra and Mahindra Ltd.
Mercedes Benz
MRF
Robert Bosch GmbH
TBC Corporation
The Goodyear Tire and Rubber Company
Tire Prose Francorp
Toyota Motor Corporation
Volkswagen AG