The Business Research Company’s report on the Tire And Wheel Handling Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the tire and wheel handling equipment industry?
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.
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What is the estimated market size of the tire and wheel handling equipment sector by 2029, based on current forecasts?
The tire and wheel handling equipment market size has grown strongly in recent years. It will grow from $3.94 billion in 2024 to $4.18 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to rising vehicle production, increasing tire replacement rates, increased use of heavy-duty vehicles, and increased demand for tractors and construction equipment.
The tire and wheel handling equipment market size are expected to see steady growth in the next few years. It will grow to $4.96 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to growth in automotive production, a rise in the adoption of puncture-proof tire technologies, a rise in preference for lightweight materials, a rise in the use of nanotechnology, and an increasing penetration of electric buses and commercial EVs. Major trends in the forecast period include the integration of nanotechnology, 3D-printed tires, AI-based tire pressure monitoring systems (TPMS), adaptive tire technology, bio-based and recycled materials, and water-based and solvent-free adhesives.
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Who are the top players in the tire and wheel handling equipment market?
Major companies operating in the tire and wheel handling equipment market are Snap-on Incorporated, Kärcher Inc., Coats Company, Hofmann Equipment, JLG Industries Inc., JR Automation, Bastian Solutions, Hunter Engineering Company, Camso Inc., Ravaglioli S.p.A., Corghi S.p.A., Cimcorp Automation Ltd., BendPak Inc., Dunn Tire LLC, Bosch Automotive Service Solutions, Nandan GSE, Emerald Tyres, Martins Industries, Ace Ventura Tyres and Tracks, Cleveland Equipment
What are the major trends in the tire and wheel handling equipment market?
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.
Which geography holds the highest tire and wheel handling equipment market share?
North America was the largest region in the tire and wheel handling equipment market in 2024. The regions covered in the tire and wheel handling equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the tire and wheel handling equipment market?
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
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How is the tire and wheel handling equipment market defined, and what are its core characteristics?
Tire and wheel handling equipment refers to specialized machinery and tools designed for lifting, transporting, mounting, balancing, and aligning tires and wheels in automotive and industrial settings. These systems improve efficiency, reduce manual labor, and enhance safety in repair shops, manufacturing plants, and logistics operations.
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