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Tire Changing Machines Market Trends

  • Report ID: GMI7114
  • Published Date: Oct 2023
  • Report Format: PDF

Tire Changing Machines Market Trends

Advanced automation is an emerging trend in the tire changing machines industry, driven by the need for speed and precision. Robotic tire changers are becoming increasingly prevalent, capable of swiftly and accurately changing tires without manual intervention. This trend caters to the demand for quicker service in automotive workshops and reduces the risk of human errors. As the industry embraces industry 4.0, these automated machines can be integrated with IoT and AI technologies, offering enhanced efficiency, predictive maintenance, and seamless operations, making them a prominent market trend.
 

The integration of tire sensors is an emerging trend in the tire changing machines market. With the increasing prevalence of Tire Pressure Monitoring Systems (TPMS) and other sensor technologies in vehicles, they are being modified to handle tires equipped with these sensors. This integration streamlines the tire changing process, ensuring that sensors are not damaged during the service. It is essential for modern automotive service providers to accommodate the evolving technology, and the trend aligns with the growing demand for comprehensive and technologically advanced tire changing solutions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of changing machines was worth USD 504 million in 2022 and is projected to grow at a CAGR of over 4.5% between 2023 and 2032, driven by the increasing presence of commercial vehicles worldwide.

The automotive service centers segment was valued at over USD 200 million in 2022 and is expected to experience a significant growth through 2032, because the automotive industry is expanding globally, leading to the demand for efficient & advanced tire maintenance and replacement services.

Asia Pacific held a dominant market share of over 40% in 2022. Rapid urbanization, industrialization, and an expanding automotive sector are driving the demand for tire changing equipment in commercial, residential, and industrial applications across the APAC region.

Alpina Tyre Group Co., Ltd., Bosch Automotive Service Solutions, Corghi S.p.A., Giuliano Group, Hofmann Megaplan, Hunter Engineering Company, Ravaglioli S.p.A., SICE (SAE), Snap-on Incorporated, and Twin Busch GmbH

Tire Changing Machines Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 622
  • Countries covered: 21
  • Pages: 373
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