Global Tire Changers Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Vehicle Type;

Passenger Car, Light truck, Motor Cycle and Heavy Duty.

By Components;

Mount/demount Mechanism, Foot Pedals, Table Top & rim clamps, Bead Loosening System and Air Pressure System.

By End Use;

Motor vehicle Manufacturers, Repair Shop, 4s Shop and DIY solutions (garages).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn543744101 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Tire Changers Market (USD Million), 2020 - 2030

In the year 2023, the Global Tire Changers Market was valued at USD 1,256.23 million. The size of this market is expected to increase to USD 1,698.13 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The Global Tire Changers Market is a vital component of the automotive maintenance industry, serving as a crucial tool for replacing tires efficiently. Tire changers are specialized machines designed to remove and install tires on wheels quickly and safely, facilitating tire maintenance and replacement in various automotive settings, including tire shops, auto repair shops, and car dealerships. This market is experiencing steady growth driven by the expanding automotive aftermarket sector, increasing vehicle ownership worldwide, and the rising demand for efficient tire maintenance solutions.

As the automotive industry continues to evolve, with advancements in vehicle technology and changes in consumer preferences, the demand for tire changers is expected to escalate. Vehicle owners and service providers alike prioritize timely tire maintenance to ensure safety, performance, and longevity of vehicles. Tire changers play a crucial role in meeting this demand by providing efficient and reliable tire replacement solutions. Additionally, the increasing complexity of tire and wheel designs, such as low-profile tires and larger wheel sizes, underscores the importance of tire changers equipped with advanced features and capabilities to handle diverse tire types and sizes.

The Global Tire Changers Market is characterized by intense competition among key players striving to gain market share through product innovation, technological advancements, and strategic partnerships. Manufacturers are focusing on developing tire changers with enhanced automation, precision, and ease of use to meet the evolving needs of automotive service providers and vehicle owners. Furthermore, the integration of digitalization and connectivity features in tire changers allows for seamless integration with tire management systems, remote monitoring, and data analytics, further driving the market's growth and innovation. With the increasing emphasis on efficiency, safety, and customer satisfaction in tire maintenance, the Global Tire Changers Market is poised for continued expansion in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Components
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Tire Changers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing vehicle ownership worldwide
        2. Growing demand for automotive aftermarket services
        3. Technological advancements in tire changer equipment
        4. Rising complexity of tire and wheel designs
        5. Emphasis on safety and efficiency in tire maintenance
      2. Restraints
        1. High initial investment costs
        2. Limited adoption in certain regions or industries
        3. Compatibility issues with certain tire sizes or types
        4. Challenges in retrofitting existing facilities with tire changer equipment
        5. Concerns about reliability and maintenance
      3. Opportunities
        1. Expansion of automotive aftermarket sector
        2. Technological advancements in tire changer design
        3. Market penetration in emerging economies
        4. Customization and scalability for diverse applications
        5. Integration with smart tire management systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Tire Changers Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger Car
      2. Light truck
      3. Motor Cycle
      4. Heavy Duty
    2. Global Tire Changers Market, By Components, 2020 - 2030 (USD Million)
      1. Mount/demount Mechanism
      2. Foot Pedals
      3. Table Top & rim clamps
      4. Bead Loosening System
      5. Air Pressure System
    3. Global Tire Changers Market, By End Use, 2020 - 2030 (USD Million)
      1. Motor vehicle Manufacturers
      2. Repair Shop
      3. 4s Shop
      4. DIY solutions (garages)
    4. Global Tire Changers Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Hunter Engineering Company
      2. Snap-on Incorporated
      3. Corghi S.p.A.
      4. Ravaglioli S.p.A.
      5. Bosch Automotive Service Solutions Inc.
  7. Analyst Views
  8. Future Outlook of the Market

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