Wheel Balancer Market

Wheel Balancer Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends

Wheel Balancer Market

Wheel Balancer Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

The global Wheel Balancer market is expected to grow at a CAGR of 3.0% during the forecast period.

The global Wheel Balancer market is estimated to be about 781.1 million US dollars in 2020.

The global Wheel Balancer market is estimated to reach 879.4 million USD by 2026.

The global Wheel Balancer market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Wheel Balancer market will be able to gain an advantage as they use reports as a powerful resource.

Wheel Balancer markets by category

Below 15 inches or less

15 inches to 24 inches

Above 24 inches

Wheel Balancer Market by Application (Percentage of Demand)

4S Shop

Repair Shop

Motor Vehicle Manufacturers

Others

Who are the leading companies in Wheel Balancer

Corghi

BOSCH

Snap-on

Hunter

Hennessy Industries

MAHA

CEMB

Cormach Srl

Ravaglioli

Giuliano

DALIQIBAO

Bright

Balancer

Sino-Italian Taida

Coseng

Anchor

Kwingtone

Wheel Balancer markets by region:

In North America

In Latin America

Europe

The Asia-pacific

Middle East and Africa (MEA)

What are the main countries covered

The United States

Canada

Germany

France

UK

Italy

Russia

China

Japan

Korea

Southeast Asia

India

Australia

Brazil

Mexico

Argentina

Chile

Colombia

Egypt

Saudi Arabia

United Arab Emirates

Nigeria

South Africa

Which is the most profitable market

Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Wheel Balancer.

What methodology did you follow in your research

This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.

Who were the primary study respondents

We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.

What are the sources of secondary research

We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.

1. Introduction

1.1 Definition of the Market

1.2 Research Purpose

1.3 Scope of the Study

1.4 Stakeholders

1.5 Geography Coverage

1.6 Currency Under Consideration

1.7 Market Size Units

1.8 Review Cycle

2 Global Market Overview

2.1 Global Wheel Balancer Revenue and Growth Forecast 2014-2026

2.2 Global Wheel Balancer Market Size and Growth Forecast 2014-2026

2.3 Global Wheel Balancer Revenue by Region 2014-2026

2.4 Wheel Balancer Market Share by Major Regions 2014-2021

2.5 Wheel Balancer Gross Margin in Different Region 2014-2021

2.6 Global Wheel Balancer Market History Price and Forecast 2014-2026

2.7 Global Wheel Balancer Sales Market Share by Top Companies 2014-2021

3 Global Wheel Balancer Market by Type

3.1 Global Wheel Balancer Revenue and Growth Rate Segment by Types from 2014-2021

3.2 Global Wheel Balancer Market Size and Growth Rate Segment by Product Types from 2014-2021

3.3 Global Wheel Balancer Price Segment by Types from 2014-2021

3.4 Brief Introduction of Different Types

3.4.1 Below 15 inches or less

3.4.2 15 inches to 24 inches

3.4.3 Above 24 inches

4 Global Wheel Balancer Market by Application

4.1 Global Wheel Balancer Revenue and Growth Rate Segment by Applications from 2014-2021

4.2 Global Wheel Balancer Market Size and Growth Rate Segment by Product Applications from 2014-2021

4.3 Brief Introduction of Different Applications

4.3.1 4S Shop

4.3.2 Repair Shop

4.3.3 Motor Vehicle Manufacturers

4.3.4 Others

5 North America Wheel Balancer Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

5.1 North America Wheel Balancer Value ($) from 2014-2021

5.2 North America Wheel Balancer Market Size from 2014-2021

5.3 North America Wheel Balancer Price Change from 2014-2021

5.4 North America Wheel Balancer Import and Export from 2014-2021

5.5 North America Wheel Balancer Market Value ($) and Growth (%) by Type from 2014-2021

5.6 North America Wheel Balancer Market Value ($) and Growth (%) by Application from 2014-2021

5.7 North America Wheel Balancer Market Value ($) and Growth (%) by Countries from 2014-2021

5.7.1 The United States

5.7.2 Canada

5.8 Top North America Wheel Balancer Participants Value ($) and Market Share (%) in 2020

6 Europe Wheel Balancer Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

6.1 Europe Wheel Balancer Value ($) from 2014-2021

6.2 Europe Wheel Balancer Market Size from 2014-2021

6.3 Europe Wheel Balancer Price Change from 2014-2021

6.4 Europe Wheel Balancer Import and Export from 2014-2021

6.5 Europe Wheel Balancer Market Value ($) and Growth (%) by Type from 2014-2021

6.6 Europe Wheel Balancer Market Value ($) and Growth (%) by Application from 2014-2021

6.7 Europe Wheel Balancer Market Value ($) and Growth (%) by Countries from 2014-2021

6.7.1 Germany

6.7.2 France

6.7.3 UK

6.7.4 Italy

6.7.5 Russia

…

6.8 Top Europe Wheel Balancer Participants Value ($) and Market Share (%) in 2020

7 Asia-Pacific Wheel Balancer Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

7.1 Asia-Pacific Wheel Balancer Value ($) from 2014-2021

7.2 Asia-Pacific Wheel Balancer Market Size from 2014-2021

7.3 Asia-Pacific Wheel Balancer Price Change from 2014-2021

7.4 Asia-Pacific Wheel Balancer Import and Export from 2014-2021

7.5 Asia-Pacific Wheel Balancer Market Value ($) and Growth (%) by Type from 2014-2021

7.6 Asia-Pacific Wheel Balancer Market Value ($) and Growth (%) by Application from 2014-2021

7.7 Asia-Pacific Wheel Balancer Market Value ($) and Growth (%) by Countries from 2014-2021

7.7.1 China

7.7.2 Japan

7.7.3 Korea

7.7.4 Southeast Asia

7.7.5 India

7.7.6 Australia

…

7.8 Top Asia-Pacific Wheel Balancer Participants Value ($) and Market Share (%) in 2020

8 Latin America Wheel Balancer Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

8.1 Latin America Wheel Balancer Value ($) from 2014-2021

8.2 Latin America Wheel Balancer Market Size from 2014-2021

8.3 Latin America Wheel Balancer Price Change from 2014-2021

8.4 Latin America Wheel Balancer Import and Export from 2014-2021

8.5 Latin America Wheel Balancer Market Value ($) and Growth (%) by Type from 2014-2021

8.6 Latin America Wheel Balancer Market Value ($) and Growth (%) by Application from 2014-2021

8.7 Latin America Wheel Balancer Market Value ($) and Growth (%) by Countries from 2014-2021

8.7.1 Brazil

8.7.2 Mexico

8.7.3 Argentina

8.7.4 Chile

8.7.5 Colombia

…

8.8 Top Latin America Wheel Balancer Participants Value ($) and Market Share (%) in 2020

9 Middle East & Africa Wheel Balancer Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

9.1 Middle East & Africa Wheel Balancer Value ($) from 2014-2021

9.2 Middle East & Africa Wheel Balancer Market Size from 2014-2021

9.3 Middle East & Africa Wheel Balancer Price Change from 2014-2021

9.4 Middle East & Africa Wheel Balancer Import and Export from 2014-2021

9.5 Middle East & Africa Wheel Balancer Market Value ($) and Growth (%) by Type from 2014-2021

9.6 Middle East & Africa Wheel Balancer Market Value ($) and Growth (%) by Application from 2014-2021

9.7 Middle East & Africa Wheel Balancer Market Value ($) and Growth (%) by Countries from 2014-2021

9.7.1 Egypt

9.7.2 Saudi Arabia

9.7.3 United Arab Emirates

9.7.4 Nigeria

9.7.5 South Africa

…

9.8 Top Middle East & Africa Wheel Balancer Participants Value ($) and Market Share (%) in 2020

10. Global Level Competitive Intelligence – Company Profiles

10.1 Corghi

10.1.1 Corghi Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.1.2 Corghi Sales, Value, Gross and Gross Margin from 2014-2021

10.1.3 Corghi Value and Growth Change from 2014-2021

10.1.4 Corghi Price Change from 2014-2021

10.1.5 Corghi Product Offered

10.2 BOSCH

10.2.1 BOSCH Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.2.2 BOSCH Sales, Value, Gross and Gross Margin from 2014-2021

10.2.3 BOSCH Value and Growth Change from 2014-2021

10.2.4 BOSCH Price Change from 2014-2021

10.2.5 BOSCH Product Offered

10.3 Snap-on

10.3.1 Snap-on Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.3.2 Snap-on Sales, Value, Gross and Gross Margin from 2014-2021

10.3.3 Snap-on Value and Growth Change from 2014-2021

10.3.4 Snap-on Price Change from 2014-2021

10.3.5 Snap-on Product Offered

10.4 Hunter

10.4.1 Hunter Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.4.2 Hunter Sales, Value, Gross and Gross Margin from 2014-2021

10.4.3 Hunter Value and Growth Change from 2014-2021

10.4.4 Hunter Price Change from 2014-2021

10.4.5 Hunter Product Offered

10.5 Hennessy Industries

10.5.1 Hennessy Industries Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.5.2 Hennessy Industries Sales, Value, Gross and Gross Margin from 2014-2021

10.5.3 Hennessy Industries Value and Growth Change from 2014-2021

10.5.4 Hennessy Industries Price Change from 2014-2021

10.5.5 Hennessy Industries Product Offered

10.6 MAHA

10.6.1 MAHA Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.6.2 MAHA Sales, Value, Gross and Gross Margin from 2014-2021

10.6.3 MAHA Value and Growth Change from 2014-2021

10.6.4 MAHA Price Change from 2014-2021

10.6.5 MAHA Product Offered

10.7 CEMB

10.7.1 CEMB Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.7.2 CEMB Sales, Value, Gross and Gross Margin from 2014-2021

10.7.3 CEMB Value and Growth Change from 2014-2021

10.7.4 CEMB Price Change from 2014-2021

10.7.5 CEMB Product Offered

10.8 Cormach Srl

10.8.1 Cormach Srl Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.8.2 Cormach Srl Sales, Value, Gross and Gross Margin from 2014-2021

10.8.3 Cormach Srl Value and Growth Change from 2014-2021

10.8.4 Cormach Srl Price Change from 2014-2021

10.8.5 Cormach Srl Product Offered

10.9 Ravaglioli

10.9.1 Ravaglioli Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.9.2 Ravaglioli Sales, Value, Gross and Gross Margin from 2014-2021

10.9.3 Ravaglioli Value and Growth Change from 2014-2021

10.9.4 Ravaglioli Price Change from 2014-2021

10.9.5 Ravaglioli Product Offered

10.10 Giuliano

10.10.1 Giuliano Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.10.2 Giuliano Sales, Value, Gross and Gross Margin from 2014-2021

10.10.3 Giuliano Value and Growth Change from 2014-2021

10.10.4 Giuliano Price Change from 2014-2021

10.10.5 Giuliano Product Offered

10.11 DALIQIBAO

10.11.1 DALIQIBAO Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.11.2 DALIQIBAO Sales, Value, Gross and Gross Margin from 2014-2021

10.11.3 DALIQIBAO Value and Growth Change from 2014-2021

10.11.4 DALIQIBAO Price Change from 2014-2021

10.11.5 DALIQIBAO Product Offered

10.12 Bright

10.12.1 Bright Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.12.2 Bright Sales, Value, Gross and Gross Margin from 2014-2021

10.12.3 Bright Value and Growth Change from 2014-2021

10.12.4 Bright Price Change from 2014-2021

10.12.5 Bright Product Offered

10.13 Balancer

10.13.1 Balancer Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.13.2 Balancer Sales, Value, Gross and Gross Margin from 2014-2021

10.13.3 Balancer Value and Growth Change from 2014-2021

10.13.4 Balancer Price Change from 2014-2021

10.13.5 Balancer Product Offered

10.14 Sino-Italian Taida

10.14.1 Sino-Italian Taida Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.14.2 Sino-Italian Taida Sales, Value, Gross and Gross Margin from 2014-2021

10.14.3 Sino-Italian Taida Value and Growth Change from 2014-2021

10.14.4 Sino-Italian Taida Price Change from 2014-2021

10.14.5 Sino-Italian Taida Product Offered

10.15 Coseng

10.15.1 Coseng Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.15.2 Coseng Sales, Value, Gross and Gross Margin from 2014-2021

10.15.3 Coseng Value and Growth Change from 2014-2021

10.15.4 Coseng Price Change from 2014-2021

10.15.5 Coseng Product Offered

10.16 Anchor

10.16.1 Anchor Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.16.2 Anchor Sales, Value, Gross and Gross Margin from 2014-2021

10.16.3 Anchor Value and Growth Change from 2014-2021

10.16.4 Anchor Price Change from 2014-2021

10.16.5 Anchor Product Offered

10.17 Kwingtone

10.17.1 Kwingtone Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.17.2 Kwingtone Sales, Value, Gross and Gross Margin from 2014-2021

10.17.3 Kwingtone Value and Growth Change from 2014-2021

10.17.4 Kwingtone Price Change from 2014-2021

10.17.5 Kwingtone Product Offered

11. Market Dynamics

11.1 Driving Factors

11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …

11.1.2 Increasing Use of Wheel Balancer by Different End-User/Applications

11.2 Restraints and Challenges in the Market

11.3 Opportunities

11.4 Covid-19 Impact/Evaluation

12. Future Forecast of Global Wheel Balancer Market from 2020-2026

12.1 Future Forecast of Global Wheel Balancer Market from 2020-2026 Segment by Regions

12.2 Future Forecast of Global Wheel Balancer Market from 2020-2026 Segment by Type

12.3 Future Forecast of Global Wheel Balancer Market from 2020-2026 Segment by Application

13. Investment Analysis

13.1 Fundamental Analysis (Porter's Five Forces Analysis)

13.2 Technical Preparation Analysis

13.3 Risk Evaluating Analysis

13.4 Estimated Investment Pay-Back Period

14 Research Methodology

14.1 Research Data

14.1.1 Secondary Data

14.1.2 Primary Data

14.2 Revenue Estimation

14.2.1 Bottom-Up Approach

14.2.2 Top-Down Approach (Involves time, Space, and Persons)

14.3 Data Triangulation

14.4 Assumptions

14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research

14.6 Limitations of Our Study

14.7 Scene Based Modeling

15 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Wheel Balancer Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the market share of the Wheel Balancer Market?
The Global Wheel Balancer Market share by vendor, as well as the concentration rate using the CR4, CR8 Index, determine the strength of competitive players like CorghiBOSCHSnap-onHunterHennessy IndustriesMAHACEMBCormach SrlRavaglioliGiulianoDALIQIBAOBrightBalancerSino-Italian TaidaCosengAnchorKwingtone.
How is the competition changing gears in the Wheel Balancer Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as CorghiBOSCHSnap-onHunterHennessy IndustriesMAHACEMBCormach SrlRavaglioliGiulianoDALIQIBAOBrightBalancerSino-Italian TaidaCosengAnchorKwingtone will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What important business segments are segregated by application types in the latest edition of the Wheel Balancer Market?
The key business segments in the Wheel Balancer Market are segregated by applications [(Percentage of Demand)4S ShopRepair ShopMotor Vehicle ManufacturersOthers] and types [Below 15 inches or less15 inches to 24 inchesAbove 24 inches].
What is the current state of the Wheel Balancer Industry, and what is the projected growth trajectory through 2030?
In 2024, the Wheel Balancer Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
What does the future hold for the Wheel Balancer Market?
As the shift to value addition continues, companies in the Wheel Balancer Market face the dual challenge of improving interoperability to optimize performance and experience.
What does the future hold for the Wheel Balancer Industry?
This latest research publication on the Wheel Balancer Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.