Automotive Wheel Fatigue Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Automotive Wheel Fatigue Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Report Digest
Automotive Wheel Fatigue Testing Market Introduction
Automotive wheels are an integral part of a vehicle. Being subjected to high loads and pressure, the durability of automotive wheels must be checked periodically to ensure the safe operation of the vehicle. With the rotation of automotive wheels, the radial load on the automotive wheels becomes a cyclic load. The implications of radial fatigue load on automotive wheels necessitate automotive wheel fatigue testing to ensure the structural integrity of wheels. Thereby, automotive wheel fatigue testing is imperative for examining the strength as well as fatigue resistance of automotive wheels.
Various types of automotive fatigue testing equipment are used to perform different types of tests, such as the concerning fatigue test and the radial fatigue test. The concerning fatigue test is carried out to examine the structural performance of wheels, and radial fatigue test is carried out to simulate concerning under dynamic loads. Leading manufacturers in the automotive wheel fatigue testing market are introducing innovative testing equipment to suit specific testing requirements for different types of vehicles that need to be tested.
Automotive Wheel Fatigue Testing Market – Notable Developments
- Smithers Rapra, a global leader in material testing and leading player in the automotive wheel fatigue testing market, recently announced the opening of new wheel testing capabilities at its Tire and Wheel Test Center in North America. According to its recent statement, the company has adopted new machinery with a machine load rating of 5,000 ft/lb that can test wheels up to 24”x13” in various types of automobiles, including Sports Utility Vehicles (SUVs), cars, and light trucks. After making heavy investments in tire testing capabilities at its tire and wheel testing lab in Suzhou, China, the company is aiming to attract its customers in the North American region by offering precisely controlled wheel testing capabilities to meet exact specifications in order to gain momentum in the global automotive wheel fatigue testing market.
Some of the most prominent competitors operating in the competitive landscape of global automotive wheel fatigue testing market include –
- Smithers Rapra
- TS TestingService GmbH
- Leonardo
- Kokusai
- Independent Test Services
- Alpine Metal Tech
- Greening Inc.
- Creative Dynamics Engineering
- TSW Alloy Wheels
Automotive Wheel Fatigue Testing Market Dynamics
Growing of Automotive Wheel Fatigue Testing Market Underpinned by Growing Awareness about Vehicle Safety
Increasing number of road accidents, mainly due to defect automotive components and poorly maintained vehicles, is making end-users more conscious about their vehicles’ operating condition. According to the National Highway Traffic Safety Administration (NHTSA), in 2016, over 37 thousand people succumbed to injuries in road accidents in the U.S., which was an increase of nearly 5.6% over 2015. As vehicles defects remain a leading cause behind the road fatalities, not only in the U.S. but also across the world, the market for automotive wheel fatigue testing is expected to gain momentum.
The mounting number of road fatalities due to vehicle defects is triggering governmental organizations to take initiatives for spreading awareness about good vehicle maintenance practices. This is further contributing to the growth of the automotive wheel fatigue testing market. Leading market players are adopting innovative strategies to make end-users aware about following periodic maintenance cycles by carrying out automotive wheel fatigue testing to ensure the safety of the vehicle as well as occupants. This is expected to influence growth prospects of the automotive wheel fatigue testing market.
Automotive Wheel Fatigue Testing Market Players Adopt Strategies to Customize Fatigue Testing Equipment According to Applications
Leading players in the automotive wheel fatigue testing market are introducing innovative automotive wheel fatigue testing equipment to suit the specific requirements of end-use or applications. Manufacturers are introducing distinctive features of automotive wheel fatigue testing equipment for passenger cars than those used for trucks or buses. Market players are investing in R&D to offer appropriate features of automotive wheel fatigue testing machines for specific applications. Moreover, leading players are focusing on capturing lucrative opportunities in the sports car industry by launching automotive wheel fatigue testing equipment for motorsports. This is likely to emerge as a popular trend in the automotive wheel fatigue testing market in the coming future.
Automotive Wheel Fatigue Testing Market Segmentation
Based on the types of equipment used in automotive wheel fatigue testing, the automotive wheel fatigue testing market is segmented into,
- Automotive Wheel Cornering Fatigue Testing Equipment
- Automotive Wheel Radial Fatigue Testing Equipment
- Others
Based on its applications, the automotive wheel fatigue testing market is segmented into,
- Military Vehicles
- Bus and Trucks
- Passenger Cars and Light Trucks
Based on distribution channels, the automotive wheel fatigue testing market is segmented into,
- Distributors
- Direct Sales
This study provides a particularized anatomy according to the L.E.A.P mechanism
- Latest trends and cardinal growth prospects
- Existing and future insights in growth
- Ascensions in technology
- Pain points
The regional analysis offers market assays across:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
Pain Points
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
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What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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