Global CCD wheel alignment business to grow 4.2% CAGR 2017-2026

18th October 2019 | 0 Comments
 
Wheel alignment on a Ford Focus
The use of CCD wheel alignment systems is expected to continue to grow healthily over the next decade. Photo: Mike Peel (www.mikepeel.net)

New research suggests that the volume of sales of Charged Coupled Device (CCD) wheel aligners will “remain robust” in the decade between 2017 and 2026. Specifically, the Fact MR report states that the Global CCD Wheel alignment business will grow at a Compound Annual Growth Rate (CAGR) of 4.2 per cent in the period between 2017 and 2026. To put this into context, another report published by Verified, suggests that the global automotive wheel alignment system market was valued at $388.6 Million in 2018 and is projected to grow at a CAGR of 4.47 per cent to reach $481.4 Million by 2026.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , ,

Category: International News, UK News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]