The global Tire Balancer market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The professional uses a wheel balancer to detect unbalanced areas of the tyre and rim assembly. He then places weights on the outside or inside of the rim, in the locations detected by the machine, to compensate for the imbalance.

In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the worlds largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was 131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of 15.89 billion.

Infinity Market Research newest research report, the Tire Balancer Industry Forecast looks at past sales and reviews total world Tire Balancer sales in 2024, providing a comprehensive analysis by region and market sector of projected Tire Balancer sales for 2025 through 2031. With Tire Balancer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tire Balancer industry.

This Insight Report provides a comprehensive analysis of the global Tire Balancer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tire Balancer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Tire Balancer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tire Balancer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tire Balancer.

This report presents a comprehensive overview, market shares, and growth opportunities of Tire Balancer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Below 15 Inches or Less
    15 Inches to 24 Inches
    Above 24 Inches

Segmentation by Application:

    4S Shop
    Repair Shop
    Motor Vehicle Manufacturers
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Bosch
    Corghi
    Snap-on
    Hunter
    Hennessy Industries
    MAHA
    CEMB
    Cormach Srl
    Ravaglioli
    Giuliano
    Bright
    Balancer
    Sino-Italian Taida
    Coseng
    Anchor
    Kwingtone

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tire Balancer market?
What factors are driving Tire Balancer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tire Balancer market opportunities vary by end market size?
How does Tire Balancer break out by Type, by Application?