Home > Automotive > Aftermarket > Maintenance and Service > Tire Changing Machines Market

Tire Changing Machines Market Share

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

Download Free Sample

Tire Changing Machines Market Share

The major players operating in the tire changing machines industry are:

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
Twin Busch GmbH

Bosch Automotive Service Solutions and Hunter Engineering Company are dominant players, holding over 8% market share in 2022 in global market. Bosch offers a comprehensive range of advanced equipment, from tire changers to wheel balancers, known for their precision and reliability. Hunter Engineering specializes in cutting-edge tire changing technology, with a strong focus on innovations and efficiency. Their combined expertise, global presence, and commitment to quality have positioned them as dominant players in the tire changing machines business, catering to diverse customer needs worldwide.

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