Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “CCD Wheel Aligners Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global CCD wheel aligners market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.
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High Cost and Lack of Skilled Labor to Pose Challenges for the Market
With increasing use of and incorporation of novel technologies, the cost associated with the manufacturing of CCD wheel aligners has increased. This has impacted the use of CCD wheel aligners among small garages, and small scale auto manufacturers. Most of these end users rely on conventional aligners to carry out wheel alignment. In addition, lack of skilled labor to operate CCD wheel alignment machines is another hurdle hindering the sales of CCD wheel aligners. This problem persists among emerging regions than developed economies. However, manufacturers of CCD wheel alignment machines have started promoting their product as cost efficient, with less maintenance and have positioned their products as one-time investment equipment. This is expected to change the mentality of garage owners to opt for CCD wheel aligners and increase their businesses by catering to the heavy vehicle segment.
Few Other Segmental Insights
Sale of CCD wheel aligners in garages is expected to showcase low revenue generation as compared to auto manufacturers. Auto manufacturers are relatively well equipped owing to higher investment strength than garages. However, garages are expected to pick up speed with growing popularity of CCD wheel aligners in the coming years
Use of CCD wheel aligners for road vehicles is estimated to generate larger sales than off road vehicles. By 2026 end, sales revenue generated from road vehicle wheel alignment is expected to touch more than US$ 2.5 Bn
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Higher Accuracy as Compared to Conventional Wheel Aligners to Boost Adoption of CCD Wheel Aligners
With a view to enhance vehicle output, technological advancements in the field of automotive machinery have been taking place since past several years. Manufacturers are highly focused on introducing advanced wheel aligners that play a major role in maintaining overall vehicle health, consequently reducing vehicle breakdowns. Initially, manual or conventional wheel alignment was adopted, which posed several problems, for instance, low accuracy, inefficiency, lack of labor and highly time consuming procedure. However, with introduction of modern CCD wheel aligners, manufacturers have overcome all the limitations of traditional wheel aligners by using technologies such as charge-coupled devices (CCD) in wheel alignment machines. In terms of accuracy and flexibility, CCD wheel aligners are a more reliable solution to fixing alignment problems. Since past ears, wide range of CCD wheel aligners have been developed, for example, 6 camera and 8 camera CCD wheel aligners that are largely used by auto manufacturers and garages. This is expected to fuel the adoption of CCD wheel aligners in the coming years.
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