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Higher Accuracy as Compared to Conventional Wheel Aligners to Boost Adoption of CCD Wheel Aligners Market

Fact.MR’s research report on global CCD wheel aligners states that the global market is projected to expand at a moderate rate to register a value CAGR of 4.7% throughout the period of assessment, 2017-2026. Additionally, according to this research report, the sale of CCD wheel aligners is estimated to exceed US$ 4 Bn by the end of the year of assessment (2026). Increasing importance of accurate wheel alignment coupled with use of 6 camera CCD wheel aligners is expected to push the sales of the product in the years to follow.

Vehicle manufacturers have advised the owners of the vehicle to schedule wheel alignment check twice a year, depending upon the frequency of driving. For heavy vehicles, it becomes vital to maintain wheel alignment almost thrice a year owing to heavy workload. Modern wheel aligners, such as CCD wheel aligners, carry out alignment procedure with higher accuracy and in reduced time. This has pushed the adoption of CCD wheel aligners across garages and auto manufacturing units at a significant scale.
Browse Full report with TOC:
https://www.factmr.com/report/528/ccd-wheel-aligners-market
CCD wheel aligners have gained moderate traction since past years. Penetration of CCD wheel alignment equipment in Europe and APEJ (Asia Pacific Excluding Japan) has been high as compared to other regions. The sale of CCD wheel aligners in Europe is expected to grow at a significant rate and is poised to touch US$ 1.2 Bn by end of the year of assessment, making Europe to stay in lead.
However, APEJ is anticipated to reflect higher production of CCD wheel aligners due to increasing number of manufacturers tapping the region coupled with APEJ’s high business potential. European and Asian countries have witnessed increasing use of 6 camera CCD wheel aligners owing to high accuracy and less operational time. As compared to 8 camera CCD wheel aligners, 6 camera wheel aligners are low priced and widely accepted technology and their adoption rate is poised to grow at 5.0% generating high revenues in the coming years.

Segmental Insights
  • Sale of CCD wheel aligners in garages is expected to showcase low revenue generation as compared to auto manufacturers. Auto manufacturers are relatively well equipped owing to higher investment strength than garages. However, garages are expected to pick up speed with growing popularity of CCD wheel aligners in the coming years
  • Use of CCD wheel aligners for road vehicles is estimated to generate larger sales than off road vehicles. By 2026 end, sales revenue generated from road vehicle wheel alignment is expected to touch more than US$ 2.5 Bn
Competitive Analysis
Analytical research report has profiled key players in operating in the global CCD wheel aligners market. These include Starrett, Lenox, Klein Tools, Fein, Disston, CooperTools and Apex Tool Group.
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