Automotive Wheel Balancing Weight, Global Market Size Forecast, Top 15 Players Rank and Market Share (Internet Services - Other Internet Services)

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Automotive Wheel Balancing Weight, Global Market Size Forecast, Top 15 Players Rank and Market Share


Automotive Wheel Balancing Weight also referred to as tire balance, describes the distribution of mass within an automobile tire or the entire wheel (including the rim) to which it is attached.
When the wheel rotates, asymmetries of mass may cause it to hop or wobble, which can cause ride disturbances, usually vertical and lateral vibrations. It can also result in a wobbling of the steering wheel or of the entire vehicle. Vehicle suspensions can become excited by unbalance forces when the speed of the wheel reaches a point that its rotating frequency equals the suspension’s resonant frequency.
According to the new market research report “Global Automotive Wheel Balancing Weight Market Report 2023-2029”, published by QYResearch, the global Automotive Wheel Balancing Weight market size is projected to reach USD 0.9 billion by 2029, at a CAGR of 4.6% during the forecast period.
The global key manufacturers of Automotive Wheel Balancing Weight include WEGMANN, TOHO KOGYO, Hennessy, Baolong, Shengshi Weiye, 3M, Trax JH Ltd, Yaqiya, HEBEI XST, Hatco, etc. In 2021, the global top five players had a share approximately 43.0% in terms of revenue.

About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com



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Last Update : Apr 18, 2024 4:34 AM
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