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The wheel aligner equipment market size is forecast to increase by USD 730.8 million, at a CAGR of 6.5% between 2023 and 2028. The market is experiencing significant growth due to the increasing number of automobiles on the road. With the rise in vehicle production and sales, there is a corresponding increase in demand for wheel aligner equipment to ensure proper vehicle alignment and maintenance. Another trend driving market growth is the development of advanced driver assistance systems (ADAS) in vehicles, which require specialized automotive wheel aligner equipment to calibrate and maintain the systems. However, the high cost of operating wheel aligner equipment, including the cost of specialized software and training, poses a challenge to market growth. Despite this, the market is expected to continue expanding due to the growing importance of maintaining vehicle safety and performance through proper wheel alignment.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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