Wheel Dolly Market Size, Share, Growth, And Industry Analysis, By Type (Below 1000 lbs, 1000 lbs-3000 lbs, above 3000 lbs), By Application (Car, Truck, Motorcycle, Other), Regional Forecast To 2031

Updated On: 29 April 2024

Wheel Dolly Market Report Overview

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The global wheel dolly market size expanded rapidly in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with the wheel dolly market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to generate substantial revenue by 2031, exhibiting a high CAGR during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

A wheel-dolly for off-road or on-road use that can be attached to and transport a damaged or immobilized wheel attached to an automobile over curbs and various other barriers when pushed by a towing vehicle or its winches. Wheel dolly may be used individually, in combinations, or in sets to transfer immobilized vehicles into carriers or to dolly vehicles on the road while being towed behind a tow truck.

COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth

The outbreak of Coronavirus illness (COVID-19) acted as a significant limitation upon the wheel dolly market in 2020, as supply chains suffered disruptions due to trade restrictions and production activity fell due to global government lockdowns.  Machinery makers rely largely on the availability of raw materials, parts, and components from all around the world. Because many governments-imposed restrictions on the transportation of commodities across borders, firms were forced to suspend production due to a lack of components and raw materials.

Businesses are projected to suffer as a result of the outbreak during 2020 up to 2021. Rapid technological advancements are likely to stimulate innovations in industrial machinery manufacture, propelling the market during the forecast time frame.

Latest Trends

"Automobile Industries to Intensify Market Magnification "

The main frame for such heavy-duty dollies is telescopic, with casters fitted on each end that "sandwich" the tire. Most vehicles are lifted in seconds by the quick-action hydraulically or mechanical foot pedal, which provides fast mobility in any given direction. And they're completely self-contained; no floor jack or another lifting gear is required for raising the vehicle at first. Moreover, more machinery advancement in its nuts-and-bolts section to make the dolly even more durable is boosting its requirement in the automobile sector. Hence, wheel dolly market is predicted to have the higher growth rate in the coming years.

Wheel Dolly Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into below 1000 lbs, 1000 lbs-3000 lbs, above 3000 lbs.

Below 1000 lbs are the leading part of the type segment.

• By Application Analysis

According to application, the market can be segmented into car, truck, motorcycle, other.

Car is the leading part of the application segment.

Driving Factors

"Utilization in Pipe Transferring to Boost Market Share"

Wheel dolly, depending on its configuration and/or attachments, may provide an easy way to move trailers, particularly those with no a stand and/or those that upright without a wheel. Instead of a person holding the trailer tongue, the tongue could be mounted to a dolly to be quickly relocated.

Each department has welders or carpenter who can make a plate that quickly attaches to the apex of a dolly, transforming it into a machinery hauler capable of transporting a wide range of tools and supplies. It can also help with the transferring of large-diameter pipe. Because it is relatively flat, it may be kept in a variety of compartments for speedy deployment. Therefore, with the increasing utilization of the equipment for transferring of large-diameter pipe the wheel dolly market share will boost during the forecasted timeframe.

"Fixed Wheel Dolly to Expand Market Forwarding"

These types of dolly are basically metal components (angled tube, plate) welded connected to form a platform with casters. They necessitate the use of a lifting mechanism in order to be positioned beneath the wheel assembly; nonetheless, one significant benefit of using these kinds is that they are adaptable. They will function regardless of the state of the wheel component. It makes no difference if the wheel is straight the tire/rim is gone, or anything else. In some circumstances, the chassis can be mounted on these wheel dollies. These dollies also happen to be the simplest to make for different purposes.

Restraining Factors

"Limited Ability to Serve Various Purposes to Deplete Market Advancement "

Despite these benefits, there are some drawbacks to employing this style of dolly. They must first have an undamaged wheel assembly including an inflatable tire. The lifting assembly fails to work properly on flat tires because the rubber develops in between the ends, preventing the assembly from reaching the ground. If the tire is absent or severely damaged, the ends cannot close far enough to elevate the assembly.

The accompanying expense is another drawback that must be addressed during the assessment and purchasing phases. Because there are more moving components and engineering required, the cost can be two to three times that of fixed models, and they may necessitate more preventative maintenance. Finally, it is more difficult to convert the dolly into items that serve various purposes. Hence, due to the above-mentioned factor the wheel dolly market growth is being hampered in the long run.

Wheel Dolly Market Regional Insights

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"New Product Launches to Foster Market Growth in Asia Pacific"

Market growth is being fueled by new product launches, market competitors entering Asia Pacific region, and rising consumer demand for wheel dolly. The market is being driven by an increase in the region's machinery and equipment output, business-strengthening mergers and acquisitions among market participants, and an increase in the utilization of the machinery majorly by the automobile sector. 

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Market Players Profiled

• Cambo (Greece)
• APAC LUBE DEPARTMENT (China)
• Wheelfloat (U.S.)
• Sunex Tool (U.S.)
• Chicago Pneumatic (France)
• SCA (U.S.)
• ACDelco (U.S.)
• Keysco (U.S.)
• Bend Pak (U.S.)
• Sunex Tools (U.S.)
• Gaither Tool (U.S.)

Report Coverage

The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.