Tire Testing Machine Market Analysis

Wheel Balancing Test to Fuel Market Growth

The tire testing machine measures the operating limits of a tire which is needed in day to day life applications where tire strength or durability of the tire is as significant as the entire performance of the vehicle. Tire testing machine can safely test the tires up to the point of failure. Thus these properties of the tire testing machine are efficiently boosting the growth of the tire testing machine market.

Moreover, the demand for the tire testing machine is increasing due to the need of tire balancing test in service centers and tire manufacturing industries for balancing the mass of a tire and wheel assembly so that it travels consistently at high speeds.

The manufacturers are focusing on improving their product lines and introducing frequent upgrades in the tire testing machine for quick analyzing the parameters which are necessary for the safety of the tires.

• In 2018, A&D Company Ltd., one of the prominent Japan based manufacturer of the tire testing machine, introduced Flat belt tire testing machine with load carrying capacity up to 12kN, tire speed up to 1750rpm, also compact size with six degrees of freedom.

Tire Testing Machine Market: Competitive Landscape

Some of the prominent key players of Global tire testing machine market are A&D Company Ltd., Altracon Group, Calspan, MTS Systems Corporation, Talurit, Smithers Rapra, Leonardo S.r.l., Tianjin Jiurong Wheel Tech Co.,Ltd., VMI Holland B.V, Lumenera Corporation.

Tire Testing Machine Market: Regional Overview

On the basis of geography, Europe and Japan are capturing the significant market share in the tire testing machine market due to substantial growth in the automobile manufacturing industries such as Toyota, Volkswagen Group, BMW, Honda, Suzuki, and others. These parameters are efficiently fuelling the growth of the tire testing machine market in Europe and Japan. In North America and the Asia Pacific Excluding Japan, the countries such as Canada, China, India, and the US are expected to witness the high adoption of tire testing machine owing to the increasing automobile / Vehicle adoption. Also, due to the growing service centers of automobiles in Middle East Africa, the growth rate of tire testing machine market is moderate as compared to other regions. These factors are potentially driving the growth of tire testing machine market across the globe.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

• Tire testing machine market segments
• Tire testing machine market dynamics
• Tire testing machine market size
• Supply & demand
• Current trends/issues/challenges
• Competition & companies involved
• Technology
• Value chain
• Market drivers and restraints

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K., Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)