Qingdao Smart Industrial Co., Ltd., The Eastwood Company, and Summit Racing Equipment (Autosales, Incorporated), among others, are the major players in the global automotive fender roller market.
The global automotive fender roller market is bolstered by the growth of the automotive garage equipment market, which attained a value of about USD 7.3 billion in 2020. The automotive garage equipment market is projected to grow at a CAGR of about 6% in the forecast period of 2021-2026 to reach a value of about USD 9.26 billion by 2026. As per the analysis by Expert Market Research, the market is anticipated to be propelled by the growth of the automotive industry globally.
The market is being positively driven by certain factors such as the soaring demand for luxury cars, increasing urbanisation, rising disposable incomes, and living standards. The expanding customer base in the e-commerce industry and online channels is fuelling the market growth. Furthermore, automotive fender rollers are greatly utilised in the automotive repair industry for improving and upgrading tyres. The growth in North America and the Asia Pacific region is aided by the rising corporate and functional vehicle fleets and rapid urbanisation.
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The major players in the global automotive fender roller market include The Eastwood Company and Summit Racing Equipment (Autosales, Incorporated). The Eastwood Company supplies high-quality fender roller tools for increasing the clearance between the tyre and fender to eliminate tire rub and repairing wheel-arc collision damages. The product is coated with a durable powder finish and uses Delrin® ball-bearing fender-former rolling tool to prevent paint finish damage for automotive and light trucks. Summit Racing Equipment (Autosales, Incorporated) sells fender rollers equipped with a ball bearing system to eliminate tyre rub and fits for 4 and 5-lug wheels. Such advancements in the industry are expected to boost the market growth of automotive fender roller.
Headquarters: Shandong, China
Qingdao Smart Industrial Co., Ltd. is a major Chinese exporter of auto tools, hand tools, power tools and household hardware. The company specialises in manufacturing and marketing auto repair tools, hand tools, pneumatic tools, power tools, household and home appliances, protection hardware, diesel-powered equipment, and garden tools. The company’s products follow ISO9001 standard. Also, the company owns a factory in Shandong, China. Qingdao Smart Industrial Co., Ltd generates annual revenue of about USD 30 million with a workforce of about 50 employees and exports its products worldwide.
Headquarters: Pennsylvania, United States of America
The Eastwood Company is an American company that supplies advanced tools for restoring, repairing and modifying cars, trucks and motorcycles. The company offers auto paints and equipment, welders, air compressors, jacks and vehicle lifts, engines, suspensions, radiators and coolant systems and other essential Do-It-Yourself products and services. It provides more than 4,000 unique products, and the products are sold online and through retail outlets located in Pottstown, Parma, Chicago, Edison and Pasadena. The Eastwood Company has over 100 employees across the United States.
Headquarters: Ohio, United States of America
Summit Racing Equipment (Autosales, Incorporated) is a US-based automotive parts company. The company offers a huge selection of automotive parts such as brake systems, chassis and suspension, engines, exhaust, paints and finishing products, ignition and electrical equipment and other essential parts. It offers parts from over 1,500 brands such as Cragar, Bosal, Fly Racing, TCI Auto, Michelin and SSBC, among others. Summit Racing Equipment has retail outlets in Nevada, Ohio, Georgia and Texas. The company also sponsors cars in motorsports.
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