Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Technological Advancements Painting Strokes of Growth across Automotive Wheel Alignment Service Market, CAGR of ~4% between 2020 and 2030 Predicted By TMR

This image opens in the lightbox

News provided by

Transparency Market Research

06 Aug, 2020, 16:30 GMT

Share this article

Share toX

Share this article

Share toX

- The increase in purchasing power and advancements in wheel alignment technologies may serve as prominent growth generators for the automotive wheel alignment service market across the forecast period of 2020-2030

- The booming automobile sector in countries like Germany, India, Japan, and China may enable Asia Pacific and Europe to be significant regional growth contributors during 2020-2030

ALBANY, N.Y., Aug. 6, 2020 /PRNewswire/ -- The automotive wheel alignment service market may have a profitable run across the forecast period of 2020-2030 on the back of the entry of modern wheel alignment services and the efficiency offered by them. The rise in the adoption of computerized wheel aligners and the growing network of wheel alignment centers across the globe may serve as great growth generators for the automotive wheel alignment service market throughout the forecast period of 2020-2030.

All these factors together have led the analysts at Transparency Market Research (TMR) to project the global automotive wheel alignment service market to expand at a CAGR of ~4% during the forecast period of 2020-2030. The global automotive wheel alignment service market is forecasted to attain a valuation of US$ 2.5 bn by 2030 end.

The benefits etched with wheel alignment such as longer tire life, reduction in damage to other parts, increased fuel efficiency, and assurance of increased safety may bring immense growth prospects for the automotive wheel alignment service market.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Automotive Wheel Alignment Service Market: From Analysts' Lens

The analysts at Transparency Market Research attribute the escalating influence of the automobile sector in developing regions around the world for exponential growth. The analysts also highlight the growing focus toward enhancing the comfort and safety of the driver as the main factors for increasing the growth rate of the automotive wheel alignment service market between 2020 and 2030.

The analysts further advise the market players to invest in novel technologies and product innovation as well as comply with a regulatory framework to cement their foothold in the automotive wheel alignment service market.

Request the Covid19 Impact Analysis across Industrial Hose Industries and Markets

Automotive Wheel Alignment Service Market: Key Findings

  • The passenger vehicle segment is anticipated to hold a prominent share across the forecast period of 2020-2030
  • On the basis of the service provider, the OEM segment is extrapolated to dominate the automotive wheel alignment service market due to the increase in the in-house testing facility
  • Asia Pacific may serve as a profitable region for the automotive wheel alignment service market during the forecast period of 2020-2030
  • Europe may garner considerable growth between 2020 and 2030

Explore 163 pages of expansive research, cutting-edge insights, and detailed projections. Analyze and discover the latest developments in the Automotive Wheel Alignment Service Market (Vehicle: Passenger Vehicle [Hatchback, Sedan, and SUV/MUV] and Commercial Vehicle [Light Commercial Vehicle and Heavy Commercial Vehicle]; and Service Provider: OEM [Dealership Authorized and Tire Manufacturers], Franchisee, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/automotive-wheel-alignment-service-market.html

Automotive Wheel Alignment Service Market: Growth Prospects

The automotive wheel alignment service market may garner greatly on the back of technological developments and innovations. Rapid urbanization and the flourishing construction industry have led to the demand for heavy-duty construction vehicles and these factors may serve as robust growth pillars for the automotive wheel alignment service market

  • Adoption of portable and wireless wheel alignment machines may bring good growth for the automotive wheel alignment service market
  • The logistics sector has seen an increase in demand due to the ballooning eCommerce sector worldwide and has resulted in the growing need for cargo vehicles, thus expanding the growth prospects of the automotive wheel alignment service market
  • The escalating sales of used vehicles are sowing the seeds of growth across the automotive wheel alignment service market

Analyze global automotive wheel alignment service market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

AutomotiveWheel Alignment Service Market: Growth Restraints

The automotive wheel alignment service market is going through the challenging times of the COVID-19 pandemic and has been affected negatively. Many manufacturing units and production facilities were shut down due to the stay-at-home orders implied by numerous countries to contain the transmission of the deadly novel coronavirus.

Furthermore, the absence of skilled labor and frequent human errors may lead to flawed wheel alignment and can cause a vehicle to function improperly, thus dampening the growth prospects of the automotive wheel alignment service market.

Access TMR Press Releases - https://www.transparencymarketresearch.com/press-releases.htm 

Automotive Wheel Alignment Service Market: Segmentation

By Vehicle

  • Passenger Vehicle
  • Hatchback
  • Sedan
  • SUV/MUV
  • Commercial Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Service Provider

  • OEM
  • Dealership
  • Authorized Tire Manufacturers Franchisee
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the Global Automotive & Transport Industry:

Automotive Alloy Wheels Market – The global automotive alloy wheels market is projected to reach US$ 24.3 Bn by 2027, expanding at a CAGR of ~6% during the forecast period. The global automotive alloy wheels market is expected to record a growth of ~6% owing to an increased demand for aesthetics appeal in vehicles. Alloy wheels are slowly replacing steel wheels, as they offer better heat dissipation, performance, and are lightweight. The global automotive alloy wheels market is mature in developed countries and is at the nascent stage in developing countries.

Automotive Steel Wheels Market – the global automotive steel wheels market is projected to reach ~US$ 13.4 Bn by 2027, expanding at a CAGR of ~3% during the forecast period. The can be attributed to the increase in production of heavy commercial vehicles and rise in usage of vehicle on off-road conditions. Moreover, expansion of automotive steel wheels market can be ascribed to the rise in urbanization in conjunction with increased construction, road infrastructure developments, and mining activities.

Automotive Testing, Inspection, and Certification Market – The global automotive testing, inspection, and certification market was valued at US$ 14.69 Bn in 2018 and is estimated to reach ~US$ 29 Bn in 2027, expanding at a CAGR of ~8% from 2019 to 2027. According to the report, the automotive testing, inspection, and certification market is likely to be driven due to stringency of regulations for testing and certification by governing authorities. The rising number of road accidents supplemented by an increasing demand for automated and technologically advanced vehicles, coupled by increased import and export among countries is boosting the demand for automotive testing, inspection, and certification services.

Access TMR Upcoming Reports - https://www.transparencymarketresearch.com/upcoming.htm 

Access Recently Published Reports by TMR - https://www.transparencymarketresearch.com/latest.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-wheel-alignment-service-market.htm

Blog: https://tmrblog.com/

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Automotive

Automotive

Transportation, Trucking & Railroad

Transportation, Trucking & Railroad

Publishing & Information Services

Publishing & Information Services

Radio & Podcast

Radio & Podcast

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.