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Automotive Wheel Alignment Service Scope for Market: Size, Share, Trends, Growth, and Revenue Projections by – EIN News

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Automotive Wheel Alignment Service Market by Vehicle Type, by Product Type, by Service Provider, by Mobility and by Technology
NEW CASTLE, DELAWARE, UNITED STATES, September 5, 2023/ — Wheel alignment is an equipment which is used for alignment of all the wheels of the vehicle during assembly and also when the wheels lose their alignment during their operation. The machine adjusts the angle of the wheels to the manufacturer’s recommended specification and checks all the signs of poor alignment as well as inspects the toe, camber & caster which are the primary components in the measurement of wheel alignment & orientation. Safety of the passenger and vehicle is the most important concern for vehicle manufacturers and hence, regulatory bodies have made certain norms for passenger safety. Moreover, a vehicle with non-align wheels can pose various threats therefore, the vehicle manufacturers always suggest getting the wheels align once a while to ensure safety and also to increase the life of the tires. In addition, currently with the new technology the quality of inspection has enhanced and also the alignment time has reduced. Furthermore, wheel alignment machines are available with different features such as portability, wireless connectivity, and others. Thus, wheel alignment is necessary to increase the life of the tyres and safety of the vehicle.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 :
𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
COVID-19 pandemic has affected the global economy in various countries as lockdowns caused travel bans and business shutdowns, affecting global supply chain of the automotive wheel alignment service market. Lockdowns and government restrictions have impacted service, repair, and overhaul operations thus, reducing requirements of automotive wheel alignment service. Since, the production of vehicles has been stopped the demand for wheel alignment machine has also fallen. Moreover, due to lockdown the usage of vehicle has also reduced thus reducing the need for maintenance. In addition, owing to lockdowns and social distancing norms, companies are experiencing unavailability of labour thus, disruption in their production. Automotive wheel alignment service is an evolving sector but due to the pandemic there is a negative impact on the market.
𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
•Rise in technological development, rise in maintenance & repair activities, and rise in automobile production is expected to drive growth of the market.
•However, high initial installation cost and lack of skilled labor can hamper growth of the market.
•Moreover, rise in demand for portable & wireless wheel alignment machine, rise in vehicle sale globally, and rise in overall efficiency & vehicle performance act as an opportunity for growth of the market.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 :
𝐑𝐢𝐬𝐞 𝐢𝐧 𝐦𝐚𝐢𝐧𝐭𝐞𝐧𝐚𝐧𝐜𝐞 & 𝐫𝐞𝐩𝐚𝐢𝐫 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬
Globally the rate of adoption of automobiles has increased significantly over the years. Modern vehicles have rigid construction, are long-lasting, and have highly durable engine. Thus, with regular maintenance the lifespan of vehicles and its operational efficiency can be increased. Moreover, sports-utility vehicles (SUVs), multi-purpose vehicles (MPVs), crossovers, and pickup trucks require proper and regular maintenance at frequent intervals since they are being used for long-distance travel. All these factors are expected to drive growth of automotive wheel alignment service market.
𝐑𝐢𝐬𝐞 𝐢𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭
The different types of technologies used in wheel alignment are such as charged couple device (CCD) and 3D wheel alignment. In CCD alignment sensors captures light and converts it into digital data that is recorded by the camera. Whereas, in 3D wheel alignment 2 cameras are used which perform measurements for each wheel using integrated reference system while camber and inclination pendulum in each sensor head. This ensures reproducible results without complicated calibration. The growth is mainly driven by low cost of CCD compared to 3D thus CCD is the common choice among repair shops. These factors are expected to drive growth of automotive wheel alignment service market.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
•This study presents the analytical depiction of the automotive wheel alignment service market along with the current trends and future estimations to determine the imminent investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive wheel alignment service market.
•The current market is quantitatively analyzed from 2020 to 2030 to highlight the automotive wheel alignment service market growth scenario.
•The report provides detailed automotive wheel alignment service market analysis based on competitive intensity and how the competition will take shape in coming years.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :
𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐰𝐡𝐞𝐞𝐥 𝐚𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭:
•Which are the leading market players active in the automotive wheel alignment service market?
•What would be the detailed impact of COVID-19 on the market?
•What current trends would influence the market in the next few years?
•What are the driving factors, restraints, and opportunities in the automotive wheel alignment service market?
•What are the projections for the future that would help in taking further strategic steps?
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐖𝐡𝐞𝐞𝐥 𝐀𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬
𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : Ford Motor Company, General Motors, The Goodyear Tire and Rubber Company, Toyota Motor Corporation, Bridgestone Corporation, Robert Bosch GmbH, MRF, Continental AG, Volkswagen AG, BMW AG
𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞 : Two-Wheelers, Passenger Vehicle, Commercial Vehicle
𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞 : Imaging, Diagnostic
𝐁𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫 : OEM, Franchise, Dealership Authorized, Others
𝐁𝐲 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 : Fixed, Portable
𝐁𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 : CCD, 3D
𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧 : North America (U.S., Canada, Mexico), Europe (France, Germany, UK, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), LAMEA (Latin America, Middle East, Africa)

David Correa
Allied Analytics LLP
+1 800-792-5285
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