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Tire And Wheel Handling Equipment Market CAGR Outlook And Future Development
The tire and wheel handling equipment market size has grown strongly in recent years. It will grow from $4.12 billion in 2025 to $4.33 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth of automotive service centers, rising vehicle parc size, demand for reduced manual labor, adoption of basic tire handling tools, availability of hydraulic lifting equipment.
The tire and wheel handling equipment market size is expected to see strong growth in the next few years. It will grow to $5.32 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing vehicle production volumes, expansion of ev service requirements, rising investments in automated workshops, growing focus on technician safety, adoption of smart workshop equipment. Major trends in the forecast period include increasing adoption of automated tire handling systems, rising demand for ergonomic workshop equipment, growing use in automotive manufacturing plants, expansion of heavy-duty wheel handling solutions, enhanced focus on workplace safety.
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Tire And Wheel Handling Equipment Market Growth Catalysts And Demand Drivers
The rising demand for automotive industry is expected to propel the growth of the tire and wheel handling equipment market going forward. The automotive industry encompasses the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, and motorcycles. The rising demand for automotive industry is due to factors such as increasing consumer demand, advancements in manufacturing technology, and the growing shift toward electric and sustainable transportation. Tire and wheel handling equipment supports the automotive industry by improving efficiency, safety, and precision in mounting, dismounting, transporting, and storing tires and wheels, ultimately enhancing vehicle manufacturing, maintenance, and repair processes while reducing manual labor and workplace injuries. For instance, in January 2025, according to the Society of Motor Manufacturers and Traders, a UK-based trade association, UK car and light van production is expected to reach approximately 839,000 units in 2025, 930,000 units by 2027, surpassing 1.1 million by 2030. Therefore, the rising demand for automotive industry is driving the growth of the tire and wheel handling equipment market.
Tire And Wheel Handling Equipment Market Segments: Where Is Growth Concentrated?
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 Shaping Long-Term Demand
Major companies operating in the tire and wheel handling equipment market are focusing on developing technologically innovative solutions, such as next-generation tire changers, to enhance efficiency, safety, and automation in tire and wheel handling processes. Next-generation tire changers refer to advanced, automated equipment designed to streamline the process of mounting and demounting tires from wheels with minimal manual effort. For instance, in April 2023, Coats Company, a US-based wheel service equipment company, launched the Maxx Tire Changer series, the next-generation tire changers to enhance efficiency and durability in tire servicing. The series includes the Maxx 70, 80, and 90 models, designed with technician-friendly features such as flexible power options, dual nozzle inflation, and robust construction for high-volume service environments, making it highly beneficial to the market by improving operational productivity and reducing downtime in tire service centers. These tire changers are designed for ease of use and durability, making them ideal for high-volume shops.
Tire And Wheel Handling Equipment Market Key Participants And Competitive Landscape
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 Largest Region: Which Geography Holds The Biggest Share?
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.
