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Automotive Wheel Alignment Services Market Trends

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Growth Drivers

Challenges

Base Year	2023
Forecast Year	2024–2036
CAGR	16.14%
Base Year Market Size (2023)	USD 2.06 billion
Forecast Year Market Size (2036)	USD 3.1 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits: Saima Khursheed

Frequently Asked Questions (FAQ)

The major growth drivers for the market are increasing use of automobiles worldwide and growing technological advancements in the automotive sector.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2022 â€“ 2030.

Lack of Skilled Labor is estimated to hamper the market growth.

Asia Pacific is expected to offer more business opportunities to the market on the back of rapid urbanization across India and China.

The major players in the market are BMW AG, 3M Company, Bridgestone Corporation, Continental AG, Ford Motor Company, and others.

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