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Wheel Aligner Equipment Market Research Report By Type (3D Wheel Aligners, CCD Wheel Aligners, Laser Wheel Aligners, Infrared Wheel Aligners, In-Ground Wheel Aligners), By Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-Wheelers), By Level of Automation (Manual, Semi-Automatic, Automatic), By Features (Target and Camera System, Measurement System, Software and Computer System, Vehicle Database, Wireless Connectivity), By End-User (Automotive Repair Shops, Tire Dealers, OEM Service Centers, Fleet Manag


ID: MRFR/AM/26546-HCR | 100 Pages | Author: Swapnil Palwe| November 2024

Global Wheel Aligner Equipment Market Overview


As per MRFR analysis, the Wheel Aligner Equipment Market Size was estimated at 1.59 (USD Billion) in 2022. The Wheel Aligner Equipment Market Industry is expected to grow from 1.65(USD Billion) in 2023 to 2.4 (USD Billion) by 2032. The Wheel Aligner Equipment Market CAGR (growth rate) is expected to be around 4.23% during the forecast period (2024 - 2032).


Key Wheel Aligner Equipment Market Trends Highlighted


Innovation and Technological Advancements: The increasing adoption of advanced technologies such as 3D imaging and laser alignment systems is enhancing the accuracy and efficiency of wheel alignment equipment, leading to better vehicle handling and reduced tire wear.Growing Focus on Vehicle Maintenance: The rising awareness of the importance of regular vehicle maintenance, including wheel alignment, is driving the demand for wheel aligner equipment. Regular wheel alignments ensure optimal performance, fuel efficiency, and safety.Government Regulations and Safety Concerns: Stringent government regulations and safety concerns regarding vehicle emissions and road safety are encouraging the use of wheel aligner equipment to maintain proper wheel alignment and reduce vehicle-related accidents.Expansion into Emerging Markets: The growing automotive industry in emerging markets, particularly in Asia-Pacific and Latin America, is creating opportunities for the expansion of wheel aligner equipment manufacturers and distributors. The increasing number of vehicles on the road in these regions is driving demand for wheel alignment services.Automated and Connected Systems: The integration of automation and connectivity features in wheel aligner equipment is enhancing user experience and convenience. Automated systems simplify the alignment process, while connectivity allows for remote diagnostics and data sharing, improving efficiency and accuracy.


Wheel Aligner Equipment Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Wheel Aligner Equipment Market Drivers


Increasing Demand for Vehicle Maintenance and Repair Services


The number of vehicles on the road continues to rise with the acquisition of each next automobile. As more vehicles are purchased and put on the road, the demand for vehicle maintenance and repair services is also rising. To begin with, every vehicle requires maintenance to keep it running smoothly, including tire replacement, brake lining installation, and many other services. Wheel alignment is essential because it ensures that your wheels are correctly aligned and that your vehicle is handling properly.Therefore, as the number of vehicles on the road increases, so does the demand for wheel alignment. As a result, the Wheel Aligner Equipment Market sector is expected to expand significantly over the coming.


Technological Advancements in Wheel Alignment Equipment


The development of better and more efficient products is another key driver of the wheel aligner equipment market. With advances in technology, more new wheel alignment equipment is being developed which is more precise and easier to use. This ease of use is making it easier for technicians to align vehicles and is leading to a surge in the demand for wheel alignment services. Further, the new wheel alignment equipment is also programmed so that it can align a large number of vehicles, meaning that more vehicles can now be aligned, and the market for the same industry is growing.


Government Regulations on Vehicle Safety


Government regulations on vehicle safety are another factor driving the growth of the Wheel Aligner Equipment Market Industry. In many countries, it is a legal requirement for vehicles to be aligned regularly. This is an important safety feature, as alignment ensures that the vehicle is handled properly and that the tires are worn evenly. Since the government is going to implement stricter regulations on vehicle safety, it is expected that there is going to be an increased demand for alignment.


Wheel Aligner Equipment Market Segment Insights:


Wheel Aligner Equipment Market Type Insights


The Wheel Aligner Equipment Market is divided by Type as 3D Wheel Aligners, CCD Wheel Aligners, Laser Wheel Aligners, Infrared Wheel Aligners, and In-ground Wheel Aligners. The 3D Wheel Aligners segment is anticipated to account for the largest share of the market in 2023. A higher share of this segment can be attributed to the high-accuracy and high-efficiency of 3D wheel aligners. The CCD Wheel Aligners segment is projected to expand at the highest CAGR over the forecast period, as these are increasingly being adopted in automotive workshops and service centers.The growth of the Wheel Aligner Equipment Market can be attributed to the increasing vehicle production and sales, rising automotive industry, increasing demand for vehicle maintenance and repair services, and growing awareness about wheel alignment for vehicle safety and fuel efficiency. Technological advancements have also supported the market growth. For instance, the introduction of 3D wheel aligners and laser wheel aligners deliver higher accuracy and efficiency. Asia Pacific is anticipated to hold the largest share of the Wheel Aligner Equipment Market in 2023.It presents a variety of opportunities mostly, due to the presence of a large automotive industry and an increasing number of service centers for vehicles. North American and European regions are also projected to contribute significantly to the market growth, due to the increasing adoption of advanced wheel alignment technologies. The key market players include Hunter Engineering Company, Snap-on Incorporated, Hofmann Megaplan GmbH, and Continental AG. In order to keep their dominant position, these companies are focusing on product innovations and new market expansion.Overall, the Wheel Aligner Equipment Market is expected to grow relatively stable over the following years.


Wheel Aligner Equipment Market Type Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Wheel Aligner Equipment Market Application Insights


The Wheel Aligner Equipment Market is segmented by Application into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two-Wheelers. Passenger Cars hold the largest market share owing to the increasing production and sales of passenger cars all over the world. The growing demand for wheel alignment services both from individual car users and fleet operators is contributing to the growth of this segment. Light Commercial Vehicles primarily include vans and pickup trucks. These vehicles are employed for a wide range of commercial applications and require frequent maintenance and wheel alignment.Hence, this is a significant segment and is expected to grow in all parts of the world. Heavy Commercial Vehicles consist of trucks and buses which require accurate wheel alignment. The increasing demand for efficient transportation and logistics in growing markets is contributing to the growth of this segment. Two-Wheelers generally consist of motorcycles and scooters which are becoming increasingly popular all over the world. The increasing numbers of two-wheeler users and the growing awareness of safe driving practices is a key driver of this segment.Proper growing awareness of the importance of such alignment. Proper alignment of wheels helps two-wheeler vehicles to be more stable, easier to handle and more fun to drive.


Wheel Aligner Equipment Market Level of Automation Insights


The Level of Automation segment plays a pivotal role in shaping the Wheel Aligner Equipment Market landscape. Segmentation based on the level of automation provides insights into the adoption of advanced technologies within the industry. Manual equipment requires skilled technicians to manually adjust alignment settings, a time-consuming and labor-intensive process. However, the segment holds a significant share of the market, particularly in developing regions where cost-effectiveness is a key factor. Semi-Automatic equipment combines manual adjustments with automated features, offering a balance between efficiency and affordability.These systems guide technicians through the alignment process, reducing the risk of errors and improving accuracy. Automatic equipment leverages advanced sensors and software to perform alignments with minimal human intervention. This segment is anticipated to witness substantial growth in the coming years, driven by the rising demand for precision and time-saving solutions. Automatic systems offer high levels of accuracy, optimized performance, and increased productivity, making them ideal for high-volume automotive workshops and dealerships.The Wheel Aligner Equipment Market revenue for the Automatic segment is projected to reach $1.2 billion by 2024, reflecting a CAGR of 5.6%. This growth is attributed to the increasing adoption of advanced technologies and the growing need for precision alignment in the automotive industry.


Wheel Aligner Equipment Market Features Insights


The Wheel Aligner Equipment Market segmentation by Features into Target and Camera System, Measurement System, Software and Computer System, Vehicle Database, and Wireless Connectivity provides valuable insights into the market dynamics. Among these, the Target and Camera System segment held the largest market share in 2023, driven by the increasing demand for high-precision alignment systems in the automotive industry. The Software and Computer System segment is projected to witness significant growth during the forecast period due to the rising adoption of advanced software and data analytics capabilities in wheel alignment equipment.The Wireless Connectivity segment offers convenience and efficiency, enabling technicians to access real-time data and perform remote diagnostics.


Wheel Aligner Equipment Market End-User Insights


Automotive repair shops, tire dealers, OEM service centers, and fleet management companies are the primary end users of wheel aligner equipment. Wheel aligner equipment plays a pivotal role in maintaining the optimal performance and safety of vehicles. As per industry estimates, automotive repair shops account for a significant portion, over 50%, of the Wheel Aligner Equipment Market revenue, emphasizing their reliance on this equipment for wheel alignment services. Tire dealers follow closely, capturing a substantial market share of over 30%.OEM service centers and fleet management companies also contribute to the market growth, each holding a market share of around 10%. The increasing demand for regular vehicle maintenance and the growing adoption of advanced wheel alignment technologies are driving the market expansion.


Wheel Aligner Equipment Market Regional Insights


The Wheel Aligner Equipment Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share in 2023, owing to the increasing demand for advanced automotive technology and the presence of major automotive manufacturers in the region. Europe is anticipated to be the second-largest market, driven by the rising adoption of electric vehicles and stringent government regulations regarding vehicle safety. APAC is projected to witness the fastest growth during the forecast period, attributed to the growing automotive industry and increasing disposable income in emerging economies like China and India.South America and MEA are expected to contribute a smaller share to the overall market, but they are expected to experience steady growth in the coming years due to the rising demand for vehicle maintenance and repair services.


Wheel Aligner Equipment Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Wheel Aligner Equipment Market Key Players and Competitive Insights:


Major players in the Wheel Aligner Equipment Market industry are continuously striving to gain a competitive edge by developing innovative products and expanding their market reach. Leading Wheel Aligner Equipment Market players are focusing on strategic partnerships and acquisitions to enhance their product portfolio and geographical presence. The Wheel Aligner Equipment Market industry is characterized by intense competition, with key players vying for market share through product differentiation, pricing strategies, and technological advancements. The Wheel Aligner Equipment Market development landscape is influenced by factors such as technological advancements, regulatory changes, and the evolving needs of customers.A leading company in the Wheel Aligner Equipment Market, Snap-on Incorporated, offers a wide range of wheel alignment systems, including the John Bean Apollo Alignment System and the Hofmann Geoliner 700 Series. Snap-on is renowned for its advanced technologies and innovative solutions, such as the SureTrack database and the TargetPro alignment camera system. The company's global presence and extensive distribution network contribute to its strong market position.A competitor in the Wheel Aligner Equipment Market, Hunter Engineering Company, is known for its HawkEye Elite alignment system and its commitment to providing quality equipment and exceptional customer support. Hunter Engineering focuses on developing user-friendly and accurate alignment solutions, such as the QuickCheck Drive alignment system designed for fast and efficient alignment checks. The company's strong reputation and emphasis on innovation have earned it a loyal customer base and a significant market share.


Key Companies in the Wheel Aligner Equipment Market Include:



  • WABCO Vehicle Control Systems, Inc.

  • Snapon Incorporated

  • Wabco Holdings Inc

  • MAHA Maschinenbau Haldenwang GmbH Co. KG

  • Continental AG

  • Launch Tech Co., Ltd.

  • Robert Bosch GmbH

  • KnorrBremse AG

  • AVL List GmbH

  • ZF Friedrichshafen AG

  • John Bean Technologies Corporation

  • Haldex AB

  • HUNTER Engineering Company

  • Hofmann Megaplan GmbH


Wheel Aligner Equipment Market Industry Developments


The Wheel Aligner Equipment Market is projected to reach USD 2.4 billion by 2032, exhibiting a CAGR of 4.23% during the forecast period. The growth of the market is attributed to increasing demand for vehicle maintenance and repair services, rising adoption of advanced driver assistance systems (ADAS), and growing awareness about the importance of wheel alignment. Technological advancements, such as the introduction of 3D wheel aligners and automated systems, are further driving market expansion. Key industry participants include Hunter Engineering Company, Snap-on Incorporated, and Hofmann Megaplan. Recent strategic initiatives, such as mergers and acquisitions, are shaping the competitive landscape. For instance, in 2021, Snap-on acquired John Bean, a leading provider of wheel alignment equipment.


Wheel Aligner Equipment Market Segmentation Insights


Wheel Aligner Equipment Market Type Outlook



  • 3D Wheel Aligners

  • CCD Wheel Aligners

  • Laser Wheel Aligners

  • Infrared Wheel Aligners

  • In-Ground Wheel Aligners


 Wheel Aligner Equipment Market Application Outlook



  • Passenger Cars

  • Light Commercial Vehicles

  • Heavy Commercial Vehicles

  • Two-Wheelers


 Wheel Aligner Equipment Market Level of Automation Outlook



  • Manual

  • Semi-Automatic

  • Automatic


 Wheel Aligner Equipment Market Features Outlook



  • Target and Camera System

  • Measurement System

  • Software and Computer System

  • Vehicle Database

  • Wireless Connectivity


Wheel Aligner Equipment Market End-User Outlook



  • Automotive Repair Shops

  • Tire Dealers

  • OEM Service Centers

  • Fleet Management Companies


Wheel Aligner Equipment Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia Pacific

Report Attribute/Metric Details
Market Size 2022 1.59(USD Billion)
Market Size 2023 1.65(USD Billion)
Market Size 2032 2.4(USD Billion)
Compound Annual Growth Rate (CAGR) 4.23% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled WABCO Vehicle Control Systems, Inc., Snapon Incorporated, Wabco Holdings Inc, MAHA Maschinenbau Haldenwang GmbH Co. KG, Continental AG, Launch Tech Co., Ltd., Robert Bosch GmbH, KnorrBremse AG, AVL List GmbH, ZF Friedrichshafen AG, John Bean Technologies Corporation, Haldex AB, HUNTER Engineering Company, Hofmann Megaplan GmbH
Segments Covered Type, Application, Level of Automation, Features, End-User, Regional
Key Market Opportunities Increasing demand for wheel alignment services Technological advancements Growing automotive aftermarket Rising focus on vehicle safety Expansion into emerging markets
Key Market Dynamics Increased vehicle production growing demand for advanced driver assistance systems stringent emission regulations emergence of electric vehicles technological advancements
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Wheel Aligner Equipment Market is expected to reach a valuation of 1.65 billion USD in 2023.

The Wheel Aligner Equipment Market is projected to grow at a CAGR of 4.23% from 2024 to 2032.

The North America region is expected to be the largest market for wheel aligner equipment, followed by North America and Europe.

Automotive repair and maintenance applications account for the largest share of the Wheel Aligner Equipment Market.

Key competitors in the Wheel Aligner Equipment Market include Hunter Engineering Company, Snap-on Incorporated, and Hofmann Megaplan GmbH.

Factors driving the growth of the Wheel Aligner Equipment Market include increasing vehicle production, rising demand for wheel alignment services, and technological advancements.

Challenges faced by the Wheel Aligner Equipment Market include competition from low-cost manufacturers and the need for skilled technicians.

Expected market trends in the Wheel Aligner Equipment Market include the adoption of advanced technologies, such as 3D wheel alignment systems.

The Wheel Aligner Equipment Market is expected to reach a valuation of 2.4 billion USD by 2032.

Key growth opportunities for the Wheel Aligner Equipment Market include expanding into emerging markets and developing innovative products.

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