Global Alignment Systems Market Overview:
Alignment systems are equipment that includes laser alignment systems, roll alignment systems, turbine alignment systems, shaft alignment systems, and others. It is used to measure distance, motion, position, and vibration for accuracy in several industrial applications. The alignment is measured to ensure efficient manufacturing processes with industrial-strength delivery in products. The systems are used in various applications such as industrial construction, production line, measurement center, automotive transfer lines, etc. Some of the players profiled in the study are Snap-on Incorporated (John Bean) (United States), Baltech GmbH (Germany), DI VITA Engineering LLC (United States), EWS Group (Germany), MORITEX Corporation (Japan), PCE Holding GmbH (Germany), Schaeffler Technologies AG & Co. KG (Germany), Hunter Engineering Company (United States), Easy-Laser AB (Sweden), Pinpoint Laser Systems (United States), SKF (Sweden), Fluke Deutschland GmbH (Germany) and Nexxis (United States).
On the basis of geography, the market of Alignment Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Display Unit will boost the Alignment Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Vertical Alignment Systems will boost the Alignment Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Demand for the Faster and Easier Alignment Systems
- Growing Need for the Laser Alignment Providing Safer Working Environment and Proper Measurements Applications
- Vertical Alignment Systems are Increasingly Used in the Industrial Applications
- Misalignment Related Problems with Alignment Systems which Causes Potential Hazardous Impacts like Excessive Noise and Fluid Leaks
- Surging Manufacturing and Measurement Operation in Automotive and Aerospace Industry will Boost the Alignment Systems Market
- Stiff Competition in the Alignment Systems Market with the Present of Various Range of Counterfeit Problems
Key Market Developments:
On 24th June 2020, Hunter released WinAlign 16.2, which brings new features and compatibility to customers with Hunter alignment and inspection equipment. Shops with WinAlign 16.2 and Hunter’s unmanned inspection system, Quick Check Drive and Quick Tread Edge, can now generate automatic tire recommendations for motorists when integrated with Dealer Tire.
On 4th November 2020, Bosch, a leading global supplier of technology and services, and Hunter Engineering, the global leader in vehicle alignment systems, wheel and tire service, brake service, and inspection lane equipment, announced a collaboration to develop and sell advanced drivers' assistance calibration systems (ADAS) in North America. and On 19th June 2020, Fluke Corp., the global leader in test and measurement instruments, has acquired Ismaning, Germany-based PRUFTECHNIK, a market leader in precision laser shaft alignment, condition monitoring, and non-destructive testing. Fluke’s acquisition of PRUFTECHNIK reflects the growing importance our customers place on reliability systems to keep their equipment in optimum operating condition
Alignment Systems Manufacturers, Alignment Systems International Traders, Alignment Systems Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Alignment Systems market on the basis of product [Laser Alignment System, Roll Alignment System, Turbine Alignment System, Shaft Alignment System and Others] , application [Industrial Construction, Production Line, Measurement Center, Automotive Transfer Lines and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Alignment Systems market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Alignment Systems industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Alignment Systems market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.