
Passenger vehicle tire balance refers to the process of equalizing the weight distribution of a vehicle's tires and wheels to ensure smooth and safe driving. Proper tire balance helps eliminate vibrations, improves handling, and prolongs the life of the tires. This is achieved by attaching small weights, called wheel balancing weights, to specific points on the rim to correct any imbalances. Without proper tire balance, a vehicle can experience uneven tire wear, reduced fuel efficiency, and compromised ride comfort, which can affect the overall safety and performance of the vehicle.
The global Passenger Vehicle Tire Balance market was valued at US$ 578 million in 2023 and is anticipated to reach US$ 848 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
The passenger vehicle tire balance market is crucial for maintaining optimal vehicle performance, safety, and driving comfort. Tire balance refers to the equal distribution of weight across the wheel and tire assembly, which is essential for smooth and efficient vehicle operation. Without proper tire balance, vehicles can experience vibrations, uneven tire wear, and reduced fuel efficiency, all of which can lead to increased maintenance costs and compromised safety. The market for passenger vehicle tire balancing services and related products, such as wheel balancing weights, is expanding as the global automotive industry continues to grow. Key drivers include the rising production and sales of passenger cars, increasing awareness about vehicle safety, and the need for enhanced vehicle performance. Additionally, technological advancements in tire balancing equipment, such as digital and laser-based tools, are improving the accuracy and efficiency of balancing processes.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Passenger Vehicle Tire Balance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passenger Vehicle Tire Balance.
The Passenger Vehicle Tire Balance market size, estimations, and forecasts are provided in terms of output/shipments (M Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Passenger Vehicle Tire Balance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Passenger Vehicle Tire Balance manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
WEGMANN
Baolong Automotive
TOHO KOGYO
Cascade Wheel Weights
3M
Shengshi Weiye
Trax JH Ltd
Hebei HOLMAN Auto Parts
Hebei LongRun Automotive
HEBEI XST
Alpha Autoparts
Bharat Balancing Weightss
Yaqiya
Hatco
HEBEI FANYA
Cangzhou Sheen Auto Parts
by Type
Clip-On Type
Adhesive Type
by Application
Sedan
Suv
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Passenger Vehicle Tire Balance manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Passenger Vehicle Tire Balance by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Passenger Vehicle Tire Balance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Passenger Vehicle Tire Balance 麻豆原创 Overview
1.1 Product Definition
1.2 Passenger Vehicle Tire Balance by Type
1.2.1 Global Passenger Vehicle Tire Balance 麻豆原创 Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Clip-On Type
1.2.3 Adhesive Type
1.3 Passenger Vehicle Tire Balance by Application
1.3.1 Global Passenger Vehicle Tire Balance 麻豆原创 Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Sedan
1.3.3 Suv
1.3.4 Other
1.4 Global 麻豆原创 Growth Prospects
1.4.1 Global Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Passenger Vehicle Tire Balance Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Passenger Vehicle Tire Balance Production Estimates and Forecasts (2019-2030)
1.4.4 Global Passenger Vehicle Tire Balance 麻豆原创 Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 麻豆原创 Competition by Manufacturers
2.1 Global Passenger Vehicle Tire Balance Production 麻豆原创 Share by Manufacturers (2019-2024)
2.2 Global Passenger Vehicle Tire Balance Production Value 麻豆原创 Share by Manufacturers (2019-2024)
2.3 Global Key Players of Passenger Vehicle Tire Balance, Industry Ranking, 2022 VS 2023
2.4 Global Passenger Vehicle Tire Balance 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Passenger Vehicle Tire Balance Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Passenger Vehicle Tire Balance, Manufacturing Sites & Headquarters
2.7 Global Key Manufacturers of Passenger Vehicle Tire Balance, Product Type & Application
2.8 Global Key Manufacturers of Passenger Vehicle Tire Balance, Date of Enter into This Industry
2.9 Global Passenger Vehicle Tire Balance 麻豆原创 Competitive Situation and Trends
2.9.1 Global Passenger Vehicle Tire Balance 麻豆原创 Concentration Rate
2.9.2 Global 5 and 10 Largest Passenger Vehicle Tire Balance Players 麻豆原创 Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Passenger Vehicle Tire Balance Production by Region
3.1 Global Passenger Vehicle Tire Balance Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Passenger Vehicle Tire Balance Production Value by Region (2019-2030)
3.2.1 Global Passenger Vehicle Tire Balance Production Value 麻豆原创 Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Passenger Vehicle Tire Balance by Region (2025-2030)
3.3 Global Passenger Vehicle Tire Balance Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Passenger Vehicle Tire Balance Production by Region (2019-2030)
3.4.1 Global Passenger Vehicle Tire Balance Production 麻豆原创 Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Passenger Vehicle Tire Balance by Region (2025-2030)
3.5 Global Passenger Vehicle Tire Balance 麻豆原创 Price Analysis by Region (2019-2024)
3.6 Global Passenger Vehicle Tire Balance Production and Value, Year-over-Year Growth
3.6.1 North America Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Passenger Vehicle Tire Balance Production Value Estimates and Forecasts (2019-2030)
4 Passenger Vehicle Tire Balance Consumption by Region
4.1 Global Passenger Vehicle Tire Balance Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Passenger Vehicle Tire Balance Consumption by Region (2019-2030)
4.2.1 Global Passenger Vehicle Tire Balance Consumption by Region (2019-2030)
4.2.2 Global Passenger Vehicle Tire Balance Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Passenger Vehicle Tire Balance Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Passenger Vehicle Tire Balance Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Passenger Vehicle Tire Balance Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Passenger Vehicle Tire Balance Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Passenger Vehicle Tire Balance Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Passenger Vehicle Tire Balance Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Passenger Vehicle Tire Balance Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Passenger Vehicle Tire Balance Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Passenger Vehicle Tire Balance Production by Type (2019-2030)
5.1.1 Global Passenger Vehicle Tire Balance Production by Type (2019-2024)
5.1.2 Global Passenger Vehicle Tire Balance Production by Type (2025-2030)
5.1.3 Global Passenger Vehicle Tire Balance Production 麻豆原创 Share by Type (2019-2030)
5.2 Global Passenger Vehicle Tire Balance Production Value by Type (2019-2030)
5.2.1 Global Passenger Vehicle Tire Balance Production Value by Type (2019-2024)
5.2.2 Global Passenger Vehicle Tire Balance Production Value by Type (2025-2030)
5.2.3 Global Passenger Vehicle Tire Balance Production Value 麻豆原创 Share by Type (2019-2030)
5.3 Global Passenger Vehicle Tire Balance Price by Type (2019-2030)
6 Segment by Application
6.1 Global Passenger Vehicle Tire Balance Production by Application (2019-2030)
6.1.1 Global Passenger Vehicle Tire Balance Production by Application (2019-2024)
6.1.2 Global Passenger Vehicle Tire Balance Production by Application (2025-2030)
6.1.3 Global Passenger Vehicle Tire Balance Production 麻豆原创 Share by Application (2019-2030)
6.2 Global Passenger Vehicle Tire Balance Production Value by Application (2019-2030)
6.2.1 Global Passenger Vehicle Tire Balance Production Value by Application (2019-2024)
6.2.2 Global Passenger Vehicle Tire Balance Production Value by Application (2025-2030)
6.2.3 Global Passenger Vehicle Tire Balance Production Value 麻豆原创 Share by Application (2019-2030)
6.3 Global Passenger Vehicle Tire Balance Price by Application (2019-2030)
7 Key Companies Profiled
7.1 WEGMANN
7.1.1 WEGMANN Passenger Vehicle Tire Balance Company Information
7.1.2 WEGMANN Passenger Vehicle Tire Balance Product Portfolio
7.1.3 WEGMANN Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.1.4 WEGMANN Main Business and 麻豆原创s Served
7.1.5 WEGMANN Recent Developments/Updates
7.2 Baolong Automotive
7.2.1 Baolong Automotive Passenger Vehicle Tire Balance Company Information
7.2.2 Baolong Automotive Passenger Vehicle Tire Balance Product Portfolio
7.2.3 Baolong Automotive Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Baolong Automotive Main Business and 麻豆原创s Served
7.2.5 Baolong Automotive Recent Developments/Updates
7.3 TOHO KOGYO
7.3.1 TOHO KOGYO Passenger Vehicle Tire Balance Company Information
7.3.2 TOHO KOGYO Passenger Vehicle Tire Balance Product Portfolio
7.3.3 TOHO KOGYO Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.3.4 TOHO KOGYO Main Business and 麻豆原创s Served
7.3.5 TOHO KOGYO Recent Developments/Updates
7.4 Cascade Wheel Weights
7.4.1 Cascade Wheel Weights Passenger Vehicle Tire Balance Company Information
7.4.2 Cascade Wheel Weights Passenger Vehicle Tire Balance Product Portfolio
7.4.3 Cascade Wheel Weights Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Cascade Wheel Weights Main Business and 麻豆原创s Served
7.4.5 Cascade Wheel Weights Recent Developments/Updates
7.5 3M
7.5.1 3M Passenger Vehicle Tire Balance Company Information
7.5.2 3M Passenger Vehicle Tire Balance Product Portfolio
7.5.3 3M Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.5.4 3M Main Business and 麻豆原创s Served
7.5.5 3M Recent Developments/Updates
7.6 Shengshi Weiye
7.6.1 Shengshi Weiye Passenger Vehicle Tire Balance Company Information
7.6.2 Shengshi Weiye Passenger Vehicle Tire Balance Product Portfolio
7.6.3 Shengshi Weiye Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shengshi Weiye Main Business and 麻豆原创s Served
7.6.5 Shengshi Weiye Recent Developments/Updates
7.7 Trax JH Ltd
7.7.1 Trax JH Ltd Passenger Vehicle Tire Balance Company Information
7.7.2 Trax JH Ltd Passenger Vehicle Tire Balance Product Portfolio
7.7.3 Trax JH Ltd Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Trax JH Ltd Main Business and 麻豆原创s Served
7.7.5 Trax JH Ltd Recent Developments/Updates
7.8 Hebei HOLMAN Auto Parts
7.8.1 Hebei HOLMAN Auto Parts Passenger Vehicle Tire Balance Company Information
7.8.2 Hebei HOLMAN Auto Parts Passenger Vehicle Tire Balance Product Portfolio
7.8.3 Hebei HOLMAN Auto Parts Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hebei HOLMAN Auto Parts Main Business and 麻豆原创s Served
7.8.5 Hebei HOLMAN Auto Parts Recent Developments/Updates
7.9 Hebei LongRun Automotive
7.9.1 Hebei LongRun Automotive Passenger Vehicle Tire Balance Company Information
7.9.2 Hebei LongRun Automotive Passenger Vehicle Tire Balance Product Portfolio
7.9.3 Hebei LongRun Automotive Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Hebei LongRun Automotive Main Business and 麻豆原创s Served
7.9.5 Hebei LongRun Automotive Recent Developments/Updates
7.10 HEBEI XST
7.10.1 HEBEI XST Passenger Vehicle Tire Balance Company Information
7.10.2 HEBEI XST Passenger Vehicle Tire Balance Product Portfolio
7.10.3 HEBEI XST Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.10.4 HEBEI XST Main Business and 麻豆原创s Served
7.10.5 HEBEI XST Recent Developments/Updates
7.11 Alpha Autoparts
7.11.1 Alpha Autoparts Passenger Vehicle Tire Balance Company Information
7.11.2 Alpha Autoparts Passenger Vehicle Tire Balance Product Portfolio
7.11.3 Alpha Autoparts Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Alpha Autoparts Main Business and 麻豆原创s Served
7.11.5 Alpha Autoparts Recent Developments/Updates
7.12 Bharat Balancing Weightss
7.12.1 Bharat Balancing Weightss Passenger Vehicle Tire Balance Company Information
7.12.2 Bharat Balancing Weightss Passenger Vehicle Tire Balance Product Portfolio
7.12.3 Bharat Balancing Weightss Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Bharat Balancing Weightss Main Business and 麻豆原创s Served
7.12.5 Bharat Balancing Weightss Recent Developments/Updates
7.13 Yaqiya
7.13.1 Yaqiya Passenger Vehicle Tire Balance Company Information
7.13.2 Yaqiya Passenger Vehicle Tire Balance Product Portfolio
7.13.3 Yaqiya Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Yaqiya Main Business and 麻豆原创s Served
7.13.5 Yaqiya Recent Developments/Updates
7.14 Hatco
7.14.1 Hatco Passenger Vehicle Tire Balance Company Information
7.14.2 Hatco Passenger Vehicle Tire Balance Product Portfolio
7.14.3 Hatco Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Hatco Main Business and 麻豆原创s Served
7.14.5 Hatco Recent Developments/Updates
7.15 HEBEI FANYA
7.15.1 HEBEI FANYA Passenger Vehicle Tire Balance Company Information
7.15.2 HEBEI FANYA Passenger Vehicle Tire Balance Product Portfolio
7.15.3 HEBEI FANYA Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.15.4 HEBEI FANYA Main Business and 麻豆原创s Served
7.15.5 HEBEI FANYA Recent Developments/Updates
7.16 Cangzhou Sheen Auto Parts
7.16.1 Cangzhou Sheen Auto Parts Passenger Vehicle Tire Balance Company Information
7.16.2 Cangzhou Sheen Auto Parts Passenger Vehicle Tire Balance Product Portfolio
7.16.3 Cangzhou Sheen Auto Parts Passenger Vehicle Tire Balance Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Cangzhou Sheen Auto Parts Main Business and 麻豆原创s Served
7.16.5 Cangzhou Sheen Auto Parts Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Passenger Vehicle Tire Balance Industry Chain Analysis
8.2 Passenger Vehicle Tire Balance Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Passenger Vehicle Tire Balance Production Mode & Process
8.4 Passenger Vehicle Tire Balance Sales and 麻豆原创ing
8.4.1 Passenger Vehicle Tire Balance Sales Channels
8.4.2 Passenger Vehicle Tire Balance Distributors
8.5 Passenger Vehicle Tire Balance Customers
9 Passenger Vehicle Tire Balance 麻豆原创 Dynamics
9.1 Passenger Vehicle Tire Balance Industry Trends
9.2 Passenger Vehicle Tire Balance 麻豆原创 Drivers
9.3 Passenger Vehicle Tire Balance 麻豆原创 Challenges
9.4 Passenger Vehicle Tire Balance 麻豆原创 Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 麻豆原创 Size Estimation
11.1.3 麻豆原创 Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
WEGMANN
Baolong Automotive
TOHO KOGYO
Cascade Wheel Weights
3M
Shengshi Weiye
Trax JH Ltd
Hebei HOLMAN Auto Parts
Hebei LongRun Automotive
HEBEI XST
Alpha Autoparts
Bharat Balancing Weightss
Yaqiya
Hatco
HEBEI FANYA
Cangzhou Sheen Auto Parts
听
听
*If Applicable.
