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4-Camera 3D wheel aligners will lose their market traction, which will be picked up by 5-Camera and 6-Camera 3D wheel aligners
In 2017, around 37% of 3D wheel aligners sold in the world were developed on 4-camera designs. The demand for 4-camera 3D wheel aligners is pegged to remain highest in the global market through 2026. However, their share on global market value will dwindle towards the end of the forecast period. Alignment limitations of 4-camera 3D wheel aligners will impede their uptake, compared to 5-camera or 6-camera 3D wheel aligners. The capabilities of 5-camera and 6-camera 3D wheel aligners in terms of identifying alignment problems across multiple axis and providing accurate solution in least amount of time will drive their sales in the coming years. These two product segments will reflect a volume CAGR of more than 5% over the forecast period.
The Fact.MR forecast study estimates a 4.2% CAGR growth for the global 3D wheel aligners market in terms of volume over the period, 2017-2026. Majority of 3D wheel aligners are expected to be manufactured in the Asia-Pacific excluding Japan (APEJ) region. However, the demand for 3D wheel aligners is expected to be marginally high in Europe, as compared to North America and the APEJ 3D wheel aligners markets.
Off-Road Vehicles to Reflect a Sharp Increase in Global Market Volume Share between 2017 and 2026
On-road vehicles will represent highest adoption of 3D wheel aligners in their maintenance operations. High frequency of wheel nonalignment in off-road vehicles, on the other hand, will drive their share on global market volumes from 25.9% in 2017 to 28.4% by 2026-end.
Pit Version Mounting to Lose Traction; Auto Manufacturing Applications to Showcase High Profitability
Majority of 3D wheel aligners today are being equipped with pit version mounting capabilities. Their traction is pegged to dwindle in the coming years, and end-users will prefer mounting 3D wheel aligners through lift version. The report also estimates that use of 3D wheel aligners in garages will be less profitable than their auto manufacturing applications, which will account for more than 50% of global market volumes through 2026.
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Market Players to Focus on Expanding their Footprint in the Asia-Pacific region
Prominent 3D wheel aligner manufacturers namely, Hunter Engineering Company, Corghi S.p.A., Snap-on Incorporated, Wonder Internation Sdn Bhd, Beissbarth GmbH, Launch Tech Co., Ltd., Shenzhen 3Excel Tech Co.,Ltd., Yantai Haide Science And Technology, Yingkou Dali Automobile Maintenance Equipment, Actia Muller, Yingkou Hanway Techonology Co.Ltd., and Panther Electronic Machinery Manufactory Ltd. are expanding their manufacturing in the Asia-Pacific region to capture the high demand in Japan and APEJ 3D wheel aligner markets.
Competition Tracking: Manufacturing to remain concentered in the Asia-Pacific region
Key players in the global 3D wheel aligners market are expanding their manufacturing bases in the Asia-Pacific region. The manufacturing landscape of 3D wheel aligners will witnesses participation of companies namely, Hunter Engineering Company, Snap-on Incorporated, Corghi S.p.A., Beissbarth GmbH, Wonder Internation Sdn Bhd, Launch Tech Co., Ltd, Yantai Haide Science And Technology, Shenzhen 3Excel Tech Co.,Ltd., Actia Muller, Yingkou Dali Automobile Maintenance Equipment, Panther Electronic Machinery Manufactory Ltd., and Yingkou Hanway Techonology Co. Ltd.
In addition, 3D wheel aligner end-users such as Briggs & Stratton Corp., Champion Power Equipment, Generac Power Systems, Inc., Honda Motor Company, Hyundai Motor Co., Lifan Industry (Group) Co., Ltd., Ryobi Ltd., Subaru Corporation, Toshiba Corporation, Wuxi Kipor, and Yamaha Motor Co., Ltd. will be actively partaking towards the growth of the global 3D wheel aligners market in the near future.
Table of Content:
- Global Economic Outlook
- Global 3D Wheel Aligners Market - Executive Summary
2.1. Global 3D Wheel Market – Opportunity Analysis & Mega Trends
- Global 3D Wheel Aligners Market Overview
3.1.1. Global 3D Wheel Aligners Market Taxonomy
3.1.2. Global 3D Wheel Aligners Market Definition
3.2. Global 3D Wheel Aligners Market Size (US$ Mn) & Volume (Unit) and Forecast, 2012-2026
3.2.1. Global 3D Wheel Aligners Market Y-o-Y Growth
3.3. Global 3D Wheel Aligners Market Dynamics
3.4. Parent Market Overview
3.5. Supply Chain
3.6. Cost Structure
3.7. Product life Cycle Analysis
3.8. List of Distributors
3.9. Specifications of 3D Wheel Aligners
3.10. Product/ Module Benchmarking
3.11. Top End Module Comparison
3.12. Forecast Factors & Impact Analysis
3.13. Investment Feasibility Index
3.14. PESTLE Analysis
3.15. Porter’s Analysis
3.16. Key Participants Market Presence (Intensity Map) By Region
- Pricing Point Analysis
4.1. Price Point Assessment by Region
4.2. Price Forecast till 2026
4.3. Factors Influencing Pricing
- Global 3D Wheel Aligners Market Analysis and Forecast 2012-2026
5.1. Global 3D Wheel Aligners Market Size and Forecast By Product type, 2012-2026
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