Latest News- Automotive Wheel Alignment System Market: Passenger car is expected to lead the Application segment during 2025-2029

The Automotive Wheel Alignment System Market is being driven by Increasing number of vehicles globally

The Automotive Wheel Alignment System Market is expected to grow at a CAGR of 8.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 773.6 million. The automotive wheel alignment system is an essential diagnostic tool for professional repair shops and vehicle owners to ensure optimal vehicle performance and safety. This system enables precise testing and adjustment of wheel angles to enhance fuel efficiency and alignment accuracy. Moreover, advanced driver assistance systems (ADAS), including lane keep assist, adaptive cruise control, and emergency braking, heavily rely on wheel alignment for their functionality. Consequently, wheel alignment calibration is a critical aspect of ADAS recalibration, ensuring the vehicle's components are correctly adjusted to meet the highest safety and performance standards. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Passenger car
  • Commercial vehicle
• Type
  • CCD WAS
  • 3D WAS
  • DIY WAS
• Product Type
  • Front-wheel drive (FWD)
  • Rear-wheel drive (RWD)
  • All-wheel drive (AWD)
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing number of vehicles globally
• Improving automotive aftermarket distribution channel and supply chain network
• Stringent regulations to control emissions and maximize fuel efficiency

However, the market also witnesses some limitations, which are as follows:

• Chinese low-cost automotive wheel alignment systems
• Growing shortage of skilled automotive technicians
• Growing adoption of connected cars to impact automotive wheel alignment systems demand

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Market Scope in Automotive Wheel Alignment System Market Research Report

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Research Analysis Overview

The Automotive Wheel Alignment System Market involves the use of specialized equipment to adjust the angles of a vehicle's wheels according to manufacturer's suggested specifications for optimal performance and safety. Misaligned wheels can lead to poor tire life, increased wear and tear, and even accidents. Regulatory agencies mandate regular inspections to ensure vehicle safety. New technology offers portability, wireless communication, and improved alignment accuracy. The automobile sector benefits from rising disposable income, with vehicle manufacturers integrating wheel alignment systems into their offerings to enhance customer experience.

Market Research Overview

The automotive wheel alignment system market is a significant segment of the larger automotive parts and equipment industry. This market caters to the production and supply of wheel alignment equipment used to ensure proper wheel angles in vehicles. Misalignment can lead to poor vehicle performance, increased fuel consumption, and premature tire wear. Regulatory agencies mandate regular wheel alignment inspections to ensure road safety and vehicle efficiency. The global automotive components and equipment market, which encompasses manufacturers of parts and accessories for passenger cars, electric vehicles, commercial vehicles, heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers, is expected to grow due to several factors, including the increasing demand for electronic components in automobiles, such as electronic control units (ECUs), and the rising sales of electric vehicles and passenger cars.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/