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Tire And Wheel HAndling Equipment Market Revenue Outlook: What CAGR Is Expected Through 2030?
The tire And wheel hAndling equipment market has experienced robust expansion in recent years. It is projected to increase from $4.12 billion in 2025 to $4.33 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 5.1%. The historical growth of this market can be attributed to the proliferation of automotive service centers, a rising vehicle parc size, the demAnd for reduced manual labor, the adoption of basic tire hAndling tools, And the availability of hydraulic lifting equipment.
The tire And wheel hAndling equipment market is anticipated to experience substantial growth in the upcoming years, with its size projected to reach $5.32 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.3%. This expansion during the forecast period is attributed to increasing vehicle production volumes, the growing service demAnds for electric vehicles, rising investments in automated workshops, an increased focus on technician safety, And the adoption of smart workshop equipment. Key trends for this period include the wider implementation of automated tire hAndling systems, a rising demAnd for ergonomic workshop equipment, expAnded usage in automotive manufacturing plants, the development of heavy-duty wheel hAndling solutions, And a heightened emphasis on workplace safety.
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Tire And Wheel HAndling Equipment Market Growth Momentum: Which Factors Are Influencing DemAnd?
The growth of the tire And wheel hAndling equipment market is anticipated to be significantly propelled by the increasing demAnd within the automotive industry. This sector encompasses the various stages of motor vehicle creation, including their design, development, production, promotion, And sale, covering cars, trucks, And motorcycles. The surge in automotive industry demAnd can be attributed to factors such as increasing consumer demAnd, continuous advancements in manufacturing technology, And the growing transition towards electric And sustainable transportation solutions. Tire And wheel hAndling equipment plays a crucial role in supporting the automotive industry by enhancing efficiency, ensuring safety, And boosting precision in the processes of mounting, dismounting, transporting, And storing tires And wheels. Ultimately, this equipment streamlines vehicle manufacturing, maintenance, And repair activities, while also minimizing the need for manual labor And reducing workplace injuries. As an illustration, the Society of Motor Manufacturers And Traders, a UK-based trade association, projected in January 2025 that UK car And light van production is expected to reach approximately 839,000 units in 2025, expAnd to 930,000 units by 2027, And surpass 1.1 million by 2030. Consequently, the increasing demAnd within the automotive industry stAnds as a primary driver for the expansion of the tire And wheel hAndling equipment market.
Tire And Wheel HAndling Equipment Market Segments: Where Are The Largest Growth Opportunities?
The tire And wheel hAndling equipment market covered in this report is segmented –
1) By Equipment Type: Wheel Balancer, Tire Changer, Tire Inflator, Wheel Alignment Systems, Lifting Equipment
2) By Vehicle Type: Two-Wheelers, Passenger Vehicles, Commercial Vehicles
3) By Operation Mode: Manual, Semi-Automatic, Fully Automatic
4) By End User: Automotive Repair Shops, Tire Service Centers, Motorcycle Repair Shops, Automotive Original Equipment Manufacturer (OEM) Dealerships
Subsegments:
1) By Wheel Balancer: Static Wheel Balancers, Dynamic Wheel Balancers, Laser-Guided Wheel Balancers, Computerized Wheel Balancers
2) By Tire Changer: Manual Tire Changers, Semi-Automatic Tire Changers, Fully Automatic Tire Changers, Heavy-Duty Tire Changers (for Trucks & Buses)
3) By Tire Inflator: Digital Tire Inflators, Analog Tire Inflators, Portable Tire Inflators, Automated Tire Inflation Systems
4) By Wheel Alignment Systems: 2-Wheel Alignment Systems, 4-Wheel Alignment Systems, Laser-Based Wheel Alignment Systems, 3D Wheel Alignment Systems
5) By Lifting Equipment: Hydraulic Car Lifts, Pneumatic Tire Lifts, Scissor Lifts, Portable Wheel Lifts
Tire And Wheel HAndling Equipment Market Trends Reshaping Industry Growth
Key companies within the tire And wheel hAndling equipment market are concentrating on creating technologically advanced solutions, such as innovative next-generation tire changers, to improve efficiency, safety, And automation in tire And wheel management procedures. Next-generation tire changers are sophisticated, automated pieces of equipment specifically engineered to streamline the mounting And demounting of tires from wheels with minimal manual input. For example, in April 2023, Coats Company, a US-based enterprise focused on wheel service equipment, introduced the Maxx Tire Changer series, a line of next-generation tire changers aimed at boosting efficiency And durability in tire servicing. This series features the Maxx 70, 80, And 90 models, which are built with technician-friendly attributes like flexible power alternatives, dual nozzle inflation, And sturdy construction for demAnding service conditions, thereby greatly benefiting the market by increasing operational productivity And reducing idle time in tire service facilities. These tire changers are built for user-friendliness And resilience, making them perfectly suited for shops with high service volumes.
Tire And Wheel HAndling Equipment Market Major Participants And Competitive Dynamics
Major companies operating in the tire And wheel hAndling equipment market report include Snap-on Incorporated, Coats Company, Hofmann Equipment, Hunter Engineering Company, Ravaglioli S.p.A., Corghi S.p.A., BendPak Inc., Bosch Automotive Service Solutions, Martins Industries, ClevelAnd Equipment, NAndan GSE, Rotary Lift, John Bean, Butler Engineering, Tuxedo Distributors, Launch Tech Co. Ltd., Maha Maschinenbau Haldenwang GmbH & Co. KG, Atlas Automotive Equipment, PeakLift, Challenger Lifts, Tecalemit Garage Equipment, Twin Busch GmbH, Bright Equipment, Snap-On Equipment Solutions, Forward Lift Inc.
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Tire And Wheel HAndling Equipment Market Global Footprint: Which Region Holds Market Leadership?
North America was the largest region in the tire And wheel hAndling equipment market in 2025. The regions covered in the tire And wheel hAndling equipment market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
