Wheel Balancing Machine Market

Wheel balancing?also known as tire balancing?is the process of equalizing the weight of the combined tire and wheel assembly so that it spins smoothly at high speed. Balancing involves putting the wheel/tire assembly on a balancer, which centers the wheel and spins it to determine where the weights should go.

Wheel Balancing Machine Market contains market size and forecasts of Wheel Balancing Machine in global, including the following market information:

Global Wheel Balancing Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Wheel Balancing Machine Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Wheel Balancing Machine companies in 2021 (%)

The global Wheel Balancing Machine market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Automatic Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Wheel Balancing Machine include CEMB SpA, SCHENCK RoTec GmbH, CIMAT Balancing Machines, Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd, Redback Automotive Equipment, Atlas Auto Equipment, TyreON BV, REMA TIP TOP GmbH and Robert Bosch GmbH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Wheel Balancing Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Wheel Balancing Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Wheel Balancing Machine Market Segment Percentages, by Type, 2021 (%)

• Automatic
• Manual
• Semi-Automatic

Global Wheel Balancing Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Wheel Balancing Machine Market Segment Percentages, by Application, 2021 (%)

• Passenger Car
• Motorcycles
• BUS
• Trucks
• Others

Global Wheel Balancing Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Wheel Balancing Machine Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Wheel Balancing Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Wheel Balancing Machine revenues share in global market, 2021 (%)
• Key companies Wheel Balancing Machine sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Wheel Balancing Machine sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• CEMB SpA
• SCHENCK RoTec GmbH
• CIMAT Balancing Machines
• Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd
• Redback Automotive Equipment
• Atlas Auto Equipment
• TyreON BV
• REMA TIP TOP GmbH
• Robert Bosch GmbH
• Star Electronics Systems
• Precision Testing Machines Pvt. Ltd
• Corghi
• Ampro Testing Machines
• UniAliner Auto Equipments Company
• Hofmann Maschinen- und Anlagenbau GmbH
• Tecalemit Garage Equipment Company Limited
• Dannmar Equipment
• SIGNET AUTOMATION ENGINEERS PVT. LTD
• BendPak Inc
• Snap-on Incorporated
• Giuliano Industrial S.p.A.
• Shanghai Balance Automotive Equipment CO., Ltd