| Product Code: ETC4961141 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Sweden wheel balancing machines import market saw a notable increase in concentration levels in 2024, shifting from low to moderate concentration. With a promising CAGR of 5.56% from 2020 to 2024 and a remarkable growth rate of 13.26% from 2023 to 2024, the top exporting countries to Sweden in 2024 include Germany, Finland, Austria, USA, and Italy. This data suggests a growing demand for wheel balancing machines in Sweden, driven by high-quality imports from key international markets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Wheel Balancing Machines Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Wheel Balancing Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Wheel Balancing Machines Market - Industry Life Cycle |
3.4 Sweden Wheel Balancing Machines Market - Porter's Five Forces |
3.5 Sweden Wheel Balancing Machines Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Sweden Wheel Balancing Machines Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Sweden Wheel Balancing Machines Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Sweden Wheel Balancing Machines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Wheel Balancing Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and accurate wheel balancing solutions in automotive workshops. |
4.2.2 Technological advancements leading to the development of more sophisticated and user-friendly wheel balancing machines. |
4.2.3 Growing focus on vehicle safety and maintenance, driving the adoption of wheel balancing machines in Sweden. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing wheel balancing machines. |
4.3.2 Limited awareness and knowledge about the benefits of wheel balancing among smaller automotive workshops. |
4.3.3 Competition from alternative methods of wheel balancing, such as traditional weights or manual techniques. |
5 Sweden Wheel Balancing Machines Market Trends |
6 Sweden Wheel Balancing Machines Market Segmentations |
6.1 Sweden Wheel Balancing Machines Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Wheel Balancing Machines Market Revenues & Volume, By Static Wheel Balancing Machines, 2021-2031F |
6.1.3 Sweden Wheel Balancing Machines Market Revenues & Volume, By Dynamic Wheel Balancing Machines, 2021-2031F |
6.1.4 Sweden Wheel Balancing Machines Market Revenues & Volume, By Bubble Wheel Balancing Machines, 2021-2031F |
6.1.5 Sweden Wheel Balancing Machines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sweden Wheel Balancing Machines Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Sweden Wheel Balancing Machines Market Revenues & Volume, By Automatic, 2021-2031F |
6.2.3 Sweden Wheel Balancing Machines Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.2.4 Sweden Wheel Balancing Machines Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Sweden Wheel Balancing Machines Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Sweden Wheel Balancing Machines Market Revenues & Volume, By Oem, 2021-2031F |
6.3.3 Sweden Wheel Balancing Machines Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Sweden Wheel Balancing Machines Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Sweden Wheel Balancing Machines Market Revenues & Volume, By Motorcycles, 2021-2031F |
6.4.3 Sweden Wheel Balancing Machines Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.4 Sweden Wheel Balancing Machines Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Sweden Wheel Balancing Machines Market Import-Export Trade Statistics |
7.1 Sweden Wheel Balancing Machines Market Export to Major Countries |
7.2 Sweden Wheel Balancing Machines Market Imports from Major Countries |
8 Sweden Wheel Balancing Machines Market Key Performance Indicators |
8.1 Average number of wheel balancing machines sold per quarter. |
8.2 Percentage increase in the adoption of automated wheel balancing solutions. |
8.3 Customer satisfaction ratings related to the accuracy and performance of wheel balancing machines. |
8.4 Average time saved per wheel balancing procedure using automated machines. |
8.5 Percentage of automotive workshops in Sweden equipped with modern wheel balancing technology. |
9 Sweden Wheel Balancing Machines Market - Opportunity Assessment |
9.1 Sweden Wheel Balancing Machines Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Sweden Wheel Balancing Machines Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Sweden Wheel Balancing Machines Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Sweden Wheel Balancing Machines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Wheel Balancing Machines Market - Competitive Landscape |
10.1 Sweden Wheel Balancing Machines Market Revenue Share, By Companies, 2024 |
10.2 Sweden Wheel Balancing Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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