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Global Tyre Balancing Market Research Report 2025
Published Date: February 2025
|
Report Code: QYRE-Auto-38A12502
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Global Tyre Balancing Market Research Report 2022
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Global Tyre Balancing Market Research Report 2025

Code: QYRE-Auto-38A12502
Report
February 2025
Pages:113
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Tyre Balancing Market Size

The global market for Tyre Balancing was valued at US$ 759 million in the year 2024 and is projected to reach a revised size of US$ 1074 million by 2031, growing at a CAGR of 5.2% during the forecast period.

Tyre Balancing Market

Tyre Balancing Market

Tyre balancing is a process in automotive maintenance that involves equalizing the weight distribution of a tyre and wheel assembly to ensure smooth rotation and optimal performance. Balancing is typically achieved by adding counterweights to offset any imbalances, reducing vibrations, improving vehicle handling, increasing tyre longevity, and enhancing overall driving comfort and safety.
Market Drivers for Tyre Balancing:
Vehicle Safety and Performance:
Driver: Ensuring vehicle safety, optimal performance, and driving comfort drives the demand for tyre balancing services. Properly balanced tyres reduce vibrations, improve traction, enhance steering stability, and promote even tread wear, contributing to safe driving conditions, vehicle handling, and overall performance on the road, leading to increased adoption of tyre balancing solutions by vehicle owners, fleet operators, and automotive service providers.
Fuel Efficiency and Tire Longevity:
Driver: The focus on fuel efficiency, tyre longevity, and operational cost savings motivates the market for tyre balancing. Balanced tyres reduce rolling resistance, improve fuel economy, and extend tyre lifespan by preventing uneven wear patterns, reducing strain on suspension components, and optimizing tire contact with the road surface, resulting in lower fuel consumption, reduced maintenance costs, and longer-lasting tyres for vehicle owners seeking to maximize efficiency and performance benefits through regular tyre balancing services.
Customer Satisfaction and Brand Loyalty:
Driver: Enhancing customer satisfaction, brand loyalty, and service quality drives the demand for tyre balancing solutions. Automotive service providers offering professional tyre balancing services cater to customer expectations, build trust, and establish brand reputation by delivering reliable, high-quality maintenance solutions that enhance driving comfort, safety, and performance for vehicle owners, fostering customer loyalty, repeat business, and positive word-of-mouth referrals in the competitive automotive service industry.
Technological Advancements in Balancing Equipment:
Driver: Ongoing technological advancements in tyre balancing equipment and diagnostic tools fuel innovation in the tyre balancing market. Advanced balancing machines, digital sensors, automated calibration systems, and software integration features improve accuracy, efficiency, and precision in tyre balancing processes, enabling service providers to deliver fast, precise, and consistent balancing results, enhance diagnostic capabilities, and offer value-added services that meet evolving customer needs and industry standards for tyre maintenance and performance optimization.
Industry Regulations and Maintenance Standards:
Driver: Compliance with industry regulations, maintenance standards, and safety requirements supports the market for tyre balancing services. Adhering to regulatory mandates, manufacturer recommendations, and industry best practices for tyre maintenance, including regular balancing checks, promotes safe driving practices, reduces accident risks, and ensures vehicle compliance with safety standards, encouraging vehicle owners, commercial operators, and fleet managers to prioritize tyre balancing as an essential maintenance procedure for vehicle safety, performance, and regulatory compliance in the automotive industry.
Market Challenges for Tyre Balancing:
Technological Complexity and Equipment Costs:
Challenge: Keeping up with the technological advancements in tyre balancing equipment can be a challenge for service providers. Investing in sophisticated balancing machines, diagnostic tools, and software solutions to meet evolving industry standards and customer expectations requires significant capital expenditure, training costs, and operational adjustments, posing challenges for small-scale service providers and independent workshops to stay competitive, offer advanced balancing services, and differentiate themselves in the market.
Competitive Pricing Pressures:
Challenge: Dealing with competitive pricing pressures in the tyre balancing market poses challenges for service providers. Price sensitivity among customers, price competition from larger chains or online retailers, and cost pressures from rising equipment maintenance, labor, and material expenses can impact profit margins, pricing strategies, and service differentiation for tyre balancing businesses, requiring careful pricing analysis, value-added service offerings, and cost management strategies to maintain profitability, customer loyalty, and market competitiveness in a competitive pricing environment.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Tyre Balancing, 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 Tyre Balancing.
The Tyre Balancing market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Tyre Balancing 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 Tyre Balancing 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.
Market Segmentation

Scope of Tyre Balancing Market Report

Report Metric Details
Report Name Tyre Balancing Market
Accounted market size in year US$ 759 million
Forecasted market size in 2031 US$ 1074 million
CAGR 5.2%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Below 15 Inch
  • 15 to 24 Inch
  • Above 24 Inch
by Application
  • 4S Shop
  • Repair Shop
  • Motor Vehicle Manufacturers
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company BOSCH, Corghi, Hunter, Hennessy Industries, Snap-on, MAHA, CEMB, Cormach Srl, Ravaglioli, Giuliano, DALIQIBAO, Bright, Balancer, Sino-Italian Taida, Coseng, Anchor, Kwingtone
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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 Tyre Balancing manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Tyre Balancing 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 Tyre Balancing 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.

FAQ for this report

How fast is Tyre Balancing Market growing?

Ans: The Tyre Balancing Market witnessing a CAGR of 5.2% during the forecast period 2025-2031.

What is the Tyre Balancing Market size in 2031?

Ans: The Tyre Balancing Market size in 2031 will be US$ 1074 million.

Who are the main players in the Tyre Balancing Market report?

Ans: The main players in the Tyre Balancing Market are BOSCH, Corghi, Hunter, Hennessy Industries, Snap-on, MAHA, CEMB, Cormach Srl, Ravaglioli, Giuliano, DALIQIBAO, Bright, Balancer, Sino-Italian Taida, Coseng, Anchor, Kwingtone

What are the Application segmentation covered in the Tyre Balancing Market report?

Ans: The Applications covered in the Tyre Balancing Market report are 4S Shop, Repair Shop, Motor Vehicle Manufacturers, Others

What are the Type segmentation covered in the Tyre Balancing Market report?

Ans: The Types covered in the Tyre Balancing Market report are Below 15 Inch, 15 to 24 Inch, Above 24 Inch

Recommended Reports

Wheel and Tire Equipment

Balancing Machines & Systems

Tyre & Vehicle Maintenance

1 Tyre Balancing Market Overview
1.1 Product Definition
1.2 Tyre Balancing by Type
1.2.1 Global Tyre Balancing Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Below 15 Inch
1.2.3 15 to 24 Inch
1.2.4 Above 24 Inch
1.3 Tyre Balancing by Application
1.3.1 Global Tyre Balancing Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 4S Shop
1.3.3 Repair Shop
1.3.4 Motor Vehicle Manufacturers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Tyre Balancing Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Tyre Balancing Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Tyre Balancing Production Estimates and Forecasts (2020-2031)
1.4.4 Global Tyre Balancing Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tyre Balancing Production Market Share by Manufacturers (2020-2025)
2.2 Global Tyre Balancing Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Tyre Balancing, Industry Ranking, 2023 VS 2024
2.4 Global Tyre Balancing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Tyre Balancing Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Tyre Balancing, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tyre Balancing, Product Offered and Application
2.8 Global Key Manufacturers of Tyre Balancing, Date of Enter into This Industry
2.9 Tyre Balancing Market Competitive Situation and Trends
2.9.1 Tyre Balancing Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tyre Balancing Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tyre Balancing Production by Region
3.1 Global Tyre Balancing Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Tyre Balancing Production Value by Region (2020-2031)
3.2.1 Global Tyre Balancing Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Tyre Balancing by Region (2026-2031)
3.3 Global Tyre Balancing Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Tyre Balancing Production Volume by Region (2020-2031)
3.4.1 Global Tyre Balancing Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Tyre Balancing by Region (2026-2031)
3.5 Global Tyre Balancing Market Price Analysis by Region (2020-2025)
3.6 Global Tyre Balancing Production and Value, Year-over-Year Growth
3.6.1 North America Tyre Balancing Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Tyre Balancing Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Tyre Balancing Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Tyre Balancing Production Value Estimates and Forecasts (2020-2031)
4 Tyre Balancing Consumption by Region
4.1 Global Tyre Balancing Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Tyre Balancing Consumption by Region (2020-2031)
4.2.1 Global Tyre Balancing Consumption by Region (2020-2025)
4.2.2 Global Tyre Balancing Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Tyre Balancing Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Tyre Balancing Consumption by Country (2020-2031)
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 Tyre Balancing Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Tyre Balancing Consumption by Region (2020-2031)
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 Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Tyre Balancing Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Tyre Balancing Production by Type (2020-2031)
5.1.1 Global Tyre Balancing Production by Type (2020-2025)
5.1.2 Global Tyre Balancing Production by Type (2026-2031)
5.1.3 Global Tyre Balancing Production Market Share by Type (2020-2031)
5.2 Global Tyre Balancing Production Value by Type (2020-2031)
5.2.1 Global Tyre Balancing Production Value by Type (2020-2025)
5.2.2 Global Tyre Balancing Production Value by Type (2026-2031)
5.2.3 Global Tyre Balancing Production Value Market Share by Type (2020-2031)
5.3 Global Tyre Balancing Price by Type (2020-2031)
6 Segment by Application
6.1 Global Tyre Balancing Production by Application (2020-2031)
6.1.1 Global Tyre Balancing Production by Application (2020-2025)
6.1.2 Global Tyre Balancing Production by Application (2026-2031)
6.1.3 Global Tyre Balancing Production Market Share by Application (2020-2031)
6.2 Global Tyre Balancing Production Value by Application (2020-2031)
6.2.1 Global Tyre Balancing Production Value by Application (2020-2025)
6.2.2 Global Tyre Balancing Production Value by Application (2026-2031)
6.2.3 Global Tyre Balancing Production Value Market Share by Application (2020-2031)
6.3 Global Tyre Balancing Price by Application (2020-2031)
7 Key Companies Profiled
7.1 BOSCH
7.1.1 BOSCH Tyre Balancing Company Information
7.1.2 BOSCH Tyre Balancing Product Portfolio
7.1.3 BOSCH Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.1.4 BOSCH Main Business and Markets Served
7.1.5 BOSCH Recent Developments/Updates
7.2 Corghi
7.2.1 Corghi Tyre Balancing Company Information
7.2.2 Corghi Tyre Balancing Product Portfolio
7.2.3 Corghi Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Corghi Main Business and Markets Served
7.2.5 Corghi Recent Developments/Updates
7.3 Hunter
7.3.1 Hunter Tyre Balancing Company Information
7.3.2 Hunter Tyre Balancing Product Portfolio
7.3.3 Hunter Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Hunter Main Business and Markets Served
7.3.5 Hunter Recent Developments/Updates
7.4 Hennessy Industries
7.4.1 Hennessy Industries Tyre Balancing Company Information
7.4.2 Hennessy Industries Tyre Balancing Product Portfolio
7.4.3 Hennessy Industries Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Hennessy Industries Main Business and Markets Served
7.4.5 Hennessy Industries Recent Developments/Updates
7.5 Snap-on
7.5.1 Snap-on Tyre Balancing Company Information
7.5.2 Snap-on Tyre Balancing Product Portfolio
7.5.3 Snap-on Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Snap-on Main Business and Markets Served
7.5.5 Snap-on Recent Developments/Updates
7.6 MAHA
7.6.1 MAHA Tyre Balancing Company Information
7.6.2 MAHA Tyre Balancing Product Portfolio
7.6.3 MAHA Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.6.4 MAHA Main Business and Markets Served
7.6.5 MAHA Recent Developments/Updates
7.7 CEMB
7.7.1 CEMB Tyre Balancing Company Information
7.7.2 CEMB Tyre Balancing Product Portfolio
7.7.3 CEMB Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.7.4 CEMB Main Business and Markets Served
7.7.5 CEMB Recent Developments/Updates
7.8 Cormach Srl
7.8.1 Cormach Srl Tyre Balancing Company Information
7.8.2 Cormach Srl Tyre Balancing Product Portfolio
7.8.3 Cormach Srl Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Cormach Srl Main Business and Markets Served
7.8.5 Cormach Srl Recent Developments/Updates
7.9 Ravaglioli
7.9.1 Ravaglioli Tyre Balancing Company Information
7.9.2 Ravaglioli Tyre Balancing Product Portfolio
7.9.3 Ravaglioli Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Ravaglioli Main Business and Markets Served
7.9.5 Ravaglioli Recent Developments/Updates
7.10 Giuliano
7.10.1 Giuliano Tyre Balancing Company Information
7.10.2 Giuliano Tyre Balancing Product Portfolio
7.10.3 Giuliano Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Giuliano Main Business and Markets Served
7.10.5 Giuliano Recent Developments/Updates
7.11 DALIQIBAO
7.11.1 DALIQIBAO Tyre Balancing Company Information
7.11.2 DALIQIBAO Tyre Balancing Product Portfolio
7.11.3 DALIQIBAO Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.11.4 DALIQIBAO Main Business and Markets Served
7.11.5 DALIQIBAO Recent Developments/Updates
7.12 Bright
7.12.1 Bright Tyre Balancing Company Information
7.12.2 Bright Tyre Balancing Product Portfolio
7.12.3 Bright Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Bright Main Business and Markets Served
7.12.5 Bright Recent Developments/Updates
7.13 Balancer
7.13.1 Balancer Tyre Balancing Company Information
7.13.2 Balancer Tyre Balancing Product Portfolio
7.13.3 Balancer Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Balancer Main Business and Markets Served
7.13.5 Balancer Recent Developments/Updates
7.14 Sino-Italian Taida
7.14.1 Sino-Italian Taida Tyre Balancing Company Information
7.14.2 Sino-Italian Taida Tyre Balancing Product Portfolio
7.14.3 Sino-Italian Taida Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Sino-Italian Taida Main Business and Markets Served
7.14.5 Sino-Italian Taida Recent Developments/Updates
7.15 Coseng
7.15.1 Coseng Tyre Balancing Company Information
7.15.2 Coseng Tyre Balancing Product Portfolio
7.15.3 Coseng Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Coseng Main Business and Markets Served
7.15.5 Coseng Recent Developments/Updates
7.16 Anchor
7.16.1 Anchor Tyre Balancing Company Information
7.16.2 Anchor Tyre Balancing Product Portfolio
7.16.3 Anchor Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Anchor Main Business and Markets Served
7.16.5 Anchor Recent Developments/Updates
7.17 Kwingtone
7.17.1 Kwingtone Tyre Balancing Company Information
7.17.2 Kwingtone Tyre Balancing Product Portfolio
7.17.3 Kwingtone Tyre Balancing Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Kwingtone Main Business and Markets Served
7.17.5 Kwingtone Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tyre Balancing Industry Chain Analysis
8.2 Tyre Balancing Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tyre Balancing Production Mode & Process Analysis
8.4 Tyre Balancing Sales and Marketing
8.4.1 Tyre Balancing Sales Channels
8.4.2 Tyre Balancing Distributors
8.5 Tyre Balancing Customer Analysis
9 Tyre Balancing Market Dynamics
9.1 Tyre Balancing Industry Trends
9.2 Tyre Balancing Market Drivers
9.3 Tyre Balancing Market Challenges
9.4 Tyre Balancing Market 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 Market Size Estimation
11.1.3 Market 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
List of Tables
 Table 1. Global Tyre Balancing Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Tyre Balancing Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Tyre Balancing Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Tyre Balancing Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Tyre Balancing Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Tyre Balancing Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Tyre Balancing Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Tyre Balancing, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Tyre Balancing as of 2024)
 Table 10. Global Market Tyre Balancing Average Price by Manufacturers (US$/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Tyre Balancing, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Tyre Balancing, Product Offered and Application
 Table 13. Global Key Manufacturers of Tyre Balancing, Date of Enter into This Industry
 Table 14. Global Tyre Balancing Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Tyre Balancing Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Tyre Balancing Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Tyre Balancing Production Value Market Share by Region (2020-2025)
 Table 19. Global Tyre Balancing Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Tyre Balancing Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Tyre Balancing Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Tyre Balancing Production (K Units) by Region (2020-2025)
 Table 23. Global Tyre Balancing Production Market Share by Region (2020-2025)
 Table 24. Global Tyre Balancing Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Tyre Balancing Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Tyre Balancing Market Average Price (US$/Unit) by Region (2020-2025)
 Table 27. Global Tyre Balancing Market Average Price (US$/Unit) by Region (2026-2031)
 Table 28. Global Tyre Balancing Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Tyre Balancing Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Tyre Balancing Consumption Market Share by Region (2020-2025)
 Table 31. Global Tyre Balancing Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Tyre Balancing Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Tyre Balancing Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Tyre Balancing Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Tyre Balancing Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Tyre Balancing Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Tyre Balancing Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Tyre Balancing Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Tyre Balancing Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Tyre Balancing Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Tyre Balancing Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Tyre Balancing Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Tyre Balancing Production (K Units) by Type (2020-2025)
 Table 46. Global Tyre Balancing Production (K Units) by Type (2026-2031)
 Table 47. Global Tyre Balancing Production Market Share by Type (2020-2025)
 Table 48. Global Tyre Balancing Production Market Share by Type (2026-2031)
 Table 49. Global Tyre Balancing Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Tyre Balancing Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Tyre Balancing Production Value Market Share by Type (2020-2025)
 Table 52. Global Tyre Balancing Production Value Market Share by Type (2026-2031)
 Table 53. Global Tyre Balancing Price (US$/Unit) by Type (2020-2025)
 Table 54. Global Tyre Balancing Price (US$/Unit) by Type (2026-2031)
 Table 55. Global Tyre Balancing Production (K Units) by Application (2020-2025)
 Table 56. Global Tyre Balancing Production (K Units) by Application (2026-2031)
 Table 57. Global Tyre Balancing Production Market Share by Application (2020-2025)
 Table 58. Global Tyre Balancing Production Market Share by Application (2026-2031)
 Table 59. Global Tyre Balancing Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Tyre Balancing Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Tyre Balancing Production Value Market Share by Application (2020-2025)
 Table 62. Global Tyre Balancing Production Value Market Share by Application (2026-2031)
 Table 63. Global Tyre Balancing Price (US$/Unit) by Application (2020-2025)
 Table 64. Global Tyre Balancing Price (US$/Unit) by Application (2026-2031)
 Table 65. BOSCH Tyre Balancing Company Information
 Table 66. BOSCH Tyre Balancing Specification and Application
 Table 67. BOSCH Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 68. BOSCH Main Business and Markets Served
 Table 69. BOSCH Recent Developments/Updates
 Table 70. Corghi Tyre Balancing Company Information
 Table 71. Corghi Tyre Balancing Specification and Application
 Table 72. Corghi Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 73. Corghi Main Business and Markets Served
 Table 74. Corghi Recent Developments/Updates
 Table 75. Hunter Tyre Balancing Company Information
 Table 76. Hunter Tyre Balancing Specification and Application
 Table 77. Hunter Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 78. Hunter Main Business and Markets Served
 Table 79. Hunter Recent Developments/Updates
 Table 80. Hennessy Industries Tyre Balancing Company Information
 Table 81. Hennessy Industries Tyre Balancing Specification and Application
 Table 82. Hennessy Industries Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 83. Hennessy Industries Main Business and Markets Served
 Table 84. Hennessy Industries Recent Developments/Updates
 Table 85. Snap-on Tyre Balancing Company Information
 Table 86. Snap-on Tyre Balancing Specification and Application
 Table 87. Snap-on Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 88. Snap-on Main Business and Markets Served
 Table 89. Snap-on Recent Developments/Updates
 Table 90. MAHA Tyre Balancing Company Information
 Table 91. MAHA Tyre Balancing Specification and Application
 Table 92. MAHA Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. MAHA Main Business and Markets Served
 Table 94. MAHA Recent Developments/Updates
 Table 95. CEMB Tyre Balancing Company Information
 Table 96. CEMB Tyre Balancing Specification and Application
 Table 97. CEMB Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 98. CEMB Main Business and Markets Served
 Table 99. CEMB Recent Developments/Updates
 Table 100. Cormach Srl Tyre Balancing Company Information
 Table 101. Cormach Srl Tyre Balancing Specification and Application
 Table 102. Cormach Srl Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 103. Cormach Srl Main Business and Markets Served
 Table 104. Cormach Srl Recent Developments/Updates
 Table 105. Ravaglioli Tyre Balancing Company Information
 Table 106. Ravaglioli Tyre Balancing Specification and Application
 Table 107. Ravaglioli Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 108. Ravaglioli Main Business and Markets Served
 Table 109. Ravaglioli Recent Developments/Updates
 Table 110. Giuliano Tyre Balancing Company Information
 Table 111. Giuliano Tyre Balancing Specification and Application
 Table 112. Giuliano Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 113. Giuliano Main Business and Markets Served
 Table 114. Giuliano Recent Developments/Updates
 Table 115. DALIQIBAO Tyre Balancing Company Information
 Table 116. DALIQIBAO Tyre Balancing Specification and Application
 Table 117. DALIQIBAO Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 118. DALIQIBAO Main Business and Markets Served
 Table 119. DALIQIBAO Recent Developments/Updates
 Table 120. Bright Tyre Balancing Company Information
 Table 121. Bright Tyre Balancing Specification and Application
 Table 122. Bright Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 123. Bright Main Business and Markets Served
 Table 124. Bright Recent Developments/Updates
 Table 125. Balancer Tyre Balancing Company Information
 Table 126. Balancer Tyre Balancing Specification and Application
 Table 127. Balancer Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 128. Balancer Main Business and Markets Served
 Table 129. Balancer Recent Developments/Updates
 Table 130. Sino-Italian Taida Tyre Balancing Company Information
 Table 131. Sino-Italian Taida Tyre Balancing Specification and Application
 Table 132. Sino-Italian Taida Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 133. Sino-Italian Taida Main Business and Markets Served
 Table 134. Sino-Italian Taida Recent Developments/Updates
 Table 135. Coseng Tyre Balancing Company Information
 Table 136. Coseng Tyre Balancing Specification and Application
 Table 137. Coseng Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 138. Coseng Main Business and Markets Served
 Table 139. Coseng Recent Developments/Updates
 Table 140. Anchor Tyre Balancing Company Information
 Table 141. Anchor Tyre Balancing Specification and Application
 Table 142. Anchor Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 143. Anchor Main Business and Markets Served
 Table 144. Anchor Recent Developments/Updates
 Table 145. Kwingtone Tyre Balancing Company Information
 Table 146. Kwingtone Tyre Balancing Specification and Application
 Table 147. Kwingtone Tyre Balancing Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 148. Kwingtone Main Business and Markets Served
 Table 149. Kwingtone Recent Developments/Updates
 Table 150. Key Raw Materials Lists
 Table 151. Raw Materials Key Suppliers Lists
 Table 152. Tyre Balancing Distributors List
 Table 153. Tyre Balancing Customers List
 Table 154. Tyre Balancing Market Trends
 Table 155. Tyre Balancing Market Drivers
 Table 156. Tyre Balancing Market Challenges
 Table 157. Tyre Balancing Market Restraints
 Table 158. Research Programs/Design for This Report
 Table 159. Key Data Information from Secondary Sources
 Table 160. Key Data Information from Primary Sources
 Table 161. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Tyre Balancing
 Figure 2. Global Tyre Balancing Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Tyre Balancing Market Share by Type: 2024 VS 2031
 Figure 4. Below 15 Inch Product Picture
 Figure 5. 15 to 24 Inch Product Picture
 Figure 6. Above 24 Inch Product Picture
 Figure 7. Global Tyre Balancing Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Tyre Balancing Market Share by Application: 2024 VS 2031
 Figure 9. 4S Shop
 Figure 10. Repair Shop
 Figure 11. Motor Vehicle Manufacturers
 Figure 12. Others
 Figure 13. Global Tyre Balancing Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Tyre Balancing Production Value (US$ Million) & (2020-2031)
 Figure 15. Global Tyre Balancing Production Capacity (K Units) & (2020-2031)
 Figure 16. Global Tyre Balancing Production (K Units) & (2020-2031)
 Figure 17. Global Tyre Balancing Average Price (US$/Unit) & (2020-2031)
 Figure 18. Tyre Balancing Report Years Considered
 Figure 19. Tyre Balancing Production Share by Manufacturers in 2024
 Figure 20. Global Tyre Balancing Production Value Share by Manufacturers (2024)
 Figure 21. Tyre Balancing Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by Tyre Balancing Revenue in 2024
 Figure 23. Global Tyre Balancing Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Tyre Balancing Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global Tyre Balancing Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 26. Global Tyre Balancing Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America Tyre Balancing Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe Tyre Balancing Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China Tyre Balancing Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Japan Tyre Balancing Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global Tyre Balancing Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 32. Global Tyre Balancing Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 34. North America Tyre Balancing Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Canada Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Europe Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Europe Tyre Balancing Consumption Market Share by Country (2020-2031)
 Figure 39. Germany Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. France Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. U.K. Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Italy Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Netherlands Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Asia Pacific Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Asia Pacific Tyre Balancing Consumption Market Share by Region (2020-2031)
 Figure 46. China Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Japan Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. South Korea Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. China Taiwan Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Southeast Asia Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. India Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Latin America, Middle East & Africa Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Latin America, Middle East & Africa Tyre Balancing Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Brazil Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Turkey Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. GCC Countries Tyre Balancing Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. Global Production Market Share of Tyre Balancing by Type (2020-2031)
 Figure 59. Global Production Value Market Share of Tyre Balancing by Type (2020-2031)
 Figure 60. Global Tyre Balancing Price (US$/Unit) by Type (2020-2031)
 Figure 61. Global Production Market Share of Tyre Balancing by Application (2020-2031)
 Figure 62. Global Production Value Market Share of Tyre Balancing by Application (2020-2031)
 Figure 63. Global Tyre Balancing Price (US$/Unit) by Application (2020-2031)
 Figure 64. Tyre Balancing Value Chain
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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