Report Detail

Automobile & Transportation Global Wheel Balancing Machine Sales Market Report 2021

  • RnM4250312
  • |
  • 14 June, 2021
  • |
  • Global
  • |
  • 142 Pages
  • |
  • QYResearch
  • |
  • Automobile & Transportation

Wheel balancing—also known as tire balancing—is the process of equalizing the weight of the combined tire and wheel assembly so that it spins smoothly at high speed. Balancing involves putting the wheel/tire assembly on a balancer, which centers the wheel and spins it to determine where the weights should go.

Market Analysis and Insights: Global Wheel Balancing Machine Market
The global Wheel Balancing Machine market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Wheel Balancing Machine Scope and Market Size
The global Wheel Balancing Machine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wheel Balancing Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Automatic
Manual
Semi-Automatic

Segment by Application
Passenger Car
Motorcycles
BUS
Trucks
Others

The Wheel Balancing Machine market is analysed and market size information is provided by regions (countries). Segment by Application, the Wheel Balancing Machine market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
CEMB SpA
SCHENCK RoTec GmbH
CIMAT Balancing Machines
Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd
Redback Automotive Equipment
Atlas Auto Equipment
TyreON BV
REMA TIP TOP GmbH
Robert Bosch GmbH
Star Electronics Systems
Precision Testing Machines Pvt. Ltd
Corghi
Ampro Testing Machines
UniAliner Auto Equipments Company
Hofmann Maschinen- und Anlagenbau GmbH
Tecalemit Garage Equipment Company Limited
Dannmar Equipment
SIGNET AUTOMATION ENGINEERS PVT. LTD
BendPak Inc
Snap-on Incorporated
Giuliano Industrial S.p.A.
Shanghai Balance Automotive Equipment CO., Ltd


1 Wheel Balancing Machine Market Overview

  • 1.1 Wheel Balancing Machine Product Scope
  • 1.2 Wheel Balancing Machine Segment by Type
    • 1.2.1 Global Wheel Balancing Machine Sales by Type (2016 & 2021 & 2027)
    • 1.2.2 Automatic
    • 1.2.3 Manual
    • 1.2.4 Semi-Automatic
  • 1.3 Wheel Balancing Machine Segment by Application
    • 1.3.1 Global Wheel Balancing Machine Sales Comparison by Application (2016 & 2021 & 2027)
    • 1.3.2 Passenger Car
    • 1.3.3 Motorcycles
    • 1.3.4 BUS
    • 1.3.5 Trucks
    • 1.3.6 Others
  • 1.4 Wheel Balancing Machine Market Estimates and Forecasts (2016-2027)
    • 1.4.1 Global Wheel Balancing Machine Market Size in Value Growth Rate (2016-2027)
    • 1.4.2 Global Wheel Balancing Machine Market Size in Volume Growth Rate (2016-2027)
    • 1.4.3 Global Wheel Balancing Machine Price Trends (2016-2027)

2 Wheel Balancing Machine Estimates and Forecasts by Region

  • 2.1 Global Wheel Balancing Machine Market Size by Region: 2016 VS 2021 VS 2027
  • 2.2 Global Wheel Balancing Machine Retrospective Market Scenario by Region (2016-2021)
    • 2.2.1 Global Wheel Balancing Machine Sales Market Share by Region (2016-2021)
    • 2.2.2 Global Wheel Balancing Machine Revenue Market Share by Region (2016-2021)
  • 2.3 Global Wheel Balancing Machine Market Estimates and Forecasts by Region (2022-2027)
    • 2.3.1 Global Wheel Balancing Machine Sales Estimates and Forecasts by Region (2022-2027)
    • 2.3.2 Global Wheel Balancing Machine Revenue Forecast by Region (2022-2027)
  • 2.4 Geographic Market Analysis: Market Facts & Figures
    • 2.4.1 North America Wheel Balancing Machine Estimates and Projections (2016-2027)
    • 2.4.2 Europe Wheel Balancing Machine Estimates and Projections (2016-2027)
    • 2.4.3 China Wheel Balancing Machine Estimates and Projections (2016-2027)
    • 2.4.4 Japan Wheel Balancing Machine Estimates and Projections (2016-2027)
    • 2.4.5 Southeast Asia Wheel Balancing Machine Estimates and Projections (2016-2027)
    • 2.4.6 India Wheel Balancing Machine Estimates and Projections (2016-2027)

3 Global Wheel Balancing Machine Competition Landscape by Players

  • 3.1 Global Top Wheel Balancing Machine Players by Sales (2016-2021)
  • 3.2 Global Top Wheel Balancing Machine Players by Revenue (2016-2021)
  • 3.3 Global Wheel Balancing Machine Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wheel Balancing Machine as of 2020)
  • 3.4 Global Wheel Balancing Machine Average Price by Company (2016-2021)
  • 3.5 Manufacturers Wheel Balancing Machine Manufacturing Sites, Area Served, Product Type
  • 3.6 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Global Wheel Balancing Machine Market Size by Type

  • 4.1 Global Wheel Balancing Machine Historic Market Review by Type (2016-2021)
    • 4.1.1 Global Wheel Balancing Machine Sales Market Share by Type (2016-2021)
    • 4.1.2 Global Wheel Balancing Machine Revenue Market Share by Type (2016-2021)
    • 4.1.3 Global Wheel Balancing Machine Price by Type (2016-2021)
  • 4.2 Global Wheel Balancing Machine Market Estimates and Forecasts by Type (2022-2027)
    • 4.2.1 Global Wheel Balancing Machine Sales Forecast by Type (2022-2027)
    • 4.2.2 Global Wheel Balancing Machine Revenue Forecast by Type (2022-2027)
    • 4.2.3 Global Wheel Balancing Machine Price Forecast by Type (2022-2027)

5 Global Wheel Balancing Machine Market Size by Application

  • 5.1 Global Wheel Balancing Machine Historic Market Review by Application (2016-2021)
    • 5.1.1 Global Wheel Balancing Machine Sales Market Share by Application (2016-2021)
    • 5.1.2 Global Wheel Balancing Machine Revenue Market Share by Application (2016-2021)
    • 5.1.3 Global Wheel Balancing Machine Price by Application (2016-2021)
  • 5.2 Global Wheel Balancing Machine Market Estimates and Forecasts by Application (2022-2027)
    • 5.2.1 Global Wheel Balancing Machine Sales Forecast by Application (2022-2027)
    • 5.2.2 Global Wheel Balancing Machine Revenue Forecast by Application (2022-2027)
    • 5.2.3 Global Wheel Balancing Machine Price Forecast by Application (2022-2027)

6 North America Wheel Balancing Machine Market Facts & Figures

  • 6.1 North America Wheel Balancing Machine Sales by Company
    • 6.1.1 North America Wheel Balancing Machine Sales by Company (2016-2021)
    • 6.1.2 North America Wheel Balancing Machine Revenue by Company (2016-2021)
  • 6.2 North America Wheel Balancing Machine Sales Breakdown by Type
    • 6.2.1 North America Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 6.2.2 North America Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 6.3 North America Wheel Balancing Machine Sales Breakdown by Application
    • 6.3.1 North America Wheel Balancing Machine Sales Breakdown by Application (2016-2021)
    • 6.3.2 North America Wheel Balancing Machine Sales Breakdown by Application (2022-2027)

7 Europe Wheel Balancing Machine Market Facts & Figures

  • 7.1 Europe Wheel Balancing Machine Sales by Company
    • 7.1.1 Europe Wheel Balancing Machine Sales by Company (2016-2021)
    • 7.1.2 Europe Wheel Balancing Machine Revenue by Company (2016-2021)
  • 7.2 Europe Wheel Balancing Machine Sales Breakdown by Type
    • 7.2.1 Europe Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 7.2.2 Europe Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 7.3 Europe Wheel Balancing Machine Sales Breakdown by Application
    • 7.3.1 Europe 142 Sales Breakdown by Application (2016-2021)
    • 7.3.2 Europe 142 Sales Breakdown by Application (2022-2027)

8 China Wheel Balancing Machine Market Facts & Figures

  • 8.1 China Wheel Balancing Machine Sales by Company
    • 8.1.1 China Wheel Balancing Machine Sales by Company (2016-2021)
    • 8.1.2 China Wheel Balancing Machine Revenue by Company (2016-2021)
  • 8.2 China Wheel Balancing Machine Sales Breakdown by Type
    • 8.2.1 China Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 8.2.2 China Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 8.3 China Wheel Balancing Machine Sales Breakdown by Application
    • 8.3.1 China 315 Sales Breakdown by Application (2016-2021)
    • 8.3.2 China 315 Sales Breakdown by Application (2022-2027)

9 Japan Wheel Balancing Machine Market Facts & Figures

  • 9.1 Japan Wheel Balancing Machine Sales by Company
    • 9.1.1 Japan Wheel Balancing Machine Sales by Company (2016-2021)
    • 9.1.2 Japan Wheel Balancing Machine Revenue by Company (2016-2021)
  • 9.2 Japan Wheel Balancing Machine Sales Breakdown by Type
    • 9.2.1 Japan Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 9.2.2 Japan Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 9.3 Japan Wheel Balancing Machine Sales Breakdown by Application
    • 9.3.1 Japan Feb. Sales Breakdown by Application (2016-2021)
    • 9.3.2 Japan Feb. Sales Breakdown by Application (2022-2027)

10 Southeast Asia Wheel Balancing Machine Market Facts & Figures

  • 10.1 Southeast Asia Wheel Balancing Machine Sales by Company
    • 10.1.1 Southeast Asia Wheel Balancing Machine Sales by Company (2016-2021)
    • 10.1.2 Southeast Asia Wheel Balancing Machine Revenue by Company (2016-2021)
  • 10.2 Southeast Asia Wheel Balancing Machine Sales Breakdown by Type
    • 10.2.1 Southeast Asia Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 10.2.2 Southeast Asia Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 10.3 Southeast Asia Wheel Balancing Machine Sales Breakdown by Application
    • 10.3.1 Southeast Asia K Units Sales Breakdown by Application (2016-2021)
    • 10.3.2 Southeast Asia K Units Sales Breakdown by Application (2022-2027)

11 India Wheel Balancing Machine Market Facts & Figures

  • 11.1 India Wheel Balancing Machine Sales by Company
    • 11.1.1 India Wheel Balancing Machine Sales by Company (2016-2021)
    • 11.1.2 India Wheel Balancing Machine Revenue by Company (2016-2021)
  • 11.2 India Wheel Balancing Machine Sales Breakdown by Type
    • 11.2.1 India Wheel Balancing Machine Sales Breakdown by Type (2016-2021)
    • 11.2.2 India Wheel Balancing Machine Sales Breakdown by Type (2022-2027)
  • 11.3 India Wheel Balancing Machine Sales Breakdown by Application
    • 11.3.1 India Wheel Balancing Machine Sales Breakdown by Application (2016-2021)
    • 11.3.2 India Wheel Balancing Machine Sales Breakdown by Application (2022-2027)

12 Company Profiles and Key Figures in Wheel Balancing Machine Business

  • 12.1 CEMB SpA
    • 12.1.1 CEMB SpA Corporation Information
    • 12.1.2 CEMB SpA Business Overview
    • 12.1.3 CEMB SpA Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.1.4 CEMB SpA Wheel Balancing Machine Products Offered
    • 12.1.5 CEMB SpA Recent Development
  • 12.2 SCHENCK RoTec GmbH
    • 12.2.1 SCHENCK RoTec GmbH Corporation Information
    • 12.2.2 SCHENCK RoTec GmbH Business Overview
    • 12.2.3 SCHENCK RoTec GmbH Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.2.4 SCHENCK RoTec GmbH Wheel Balancing Machine Products Offered
    • 12.2.5 SCHENCK RoTec GmbH Recent Development
  • 12.3 CIMAT Balancing Machines
    • 12.3.1 CIMAT Balancing Machines Corporation Information
    • 12.3.2 CIMAT Balancing Machines Business Overview
    • 12.3.3 CIMAT Balancing Machines Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.3.4 CIMAT Balancing Machines Wheel Balancing Machine Products Offered
    • 12.3.5 CIMAT Balancing Machines Recent Development
  • 12.4 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd
    • 12.4.1 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd Corporation Information
    • 12.4.2 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd Business Overview
    • 12.4.3 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.4.4 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd Wheel Balancing Machine Products Offered
    • 12.4.5 Shanghai Jianping Dynamic Balancing Machine Manufacturing Co., Ltd Recent Development
  • 12.5 Redback Automotive Equipment
    • 12.5.1 Redback Automotive Equipment Corporation Information
    • 12.5.2 Redback Automotive Equipment Business Overview
    • 12.5.3 Redback Automotive Equipment Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.5.4 Redback Automotive Equipment Wheel Balancing Machine Products Offered
    • 12.5.5 Redback Automotive Equipment Recent Development
  • 12.6 Atlas Auto Equipment
    • 12.6.1 Atlas Auto Equipment Corporation Information
    • 12.6.2 Atlas Auto Equipment Business Overview
    • 12.6.3 Atlas Auto Equipment Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.6.4 Atlas Auto Equipment Wheel Balancing Machine Products Offered
    • 12.6.5 Atlas Auto Equipment Recent Development
  • 12.7 TyreON BV
    • 12.7.1 TyreON BV Corporation Information
    • 12.7.2 TyreON BV Business Overview
    • 12.7.3 TyreON BV Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.7.4 TyreON BV Wheel Balancing Machine Products Offered
    • 12.7.5 TyreON BV Recent Development
  • 12.8 REMA TIP TOP GmbH
    • 12.8.1 REMA TIP TOP GmbH Corporation Information
    • 12.8.2 REMA TIP TOP GmbH Business Overview
    • 12.8.3 REMA TIP TOP GmbH Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.8.4 REMA TIP TOP GmbH Wheel Balancing Machine Products Offered
    • 12.8.5 REMA TIP TOP GmbH Recent Development
  • 12.9 Robert Bosch GmbH
    • 12.9.1 Robert Bosch GmbH Corporation Information
    • 12.9.2 Robert Bosch GmbH Business Overview
    • 12.9.3 Robert Bosch GmbH Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.9.4 Robert Bosch GmbH Wheel Balancing Machine Products Offered
    • 12.9.5 Robert Bosch GmbH Recent Development
  • 12.10 Star Electronics Systems
    • 12.10.1 Star Electronics Systems Corporation Information
    • 12.10.2 Star Electronics Systems Business Overview
    • 12.10.3 Star Electronics Systems Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.10.4 Star Electronics Systems Wheel Balancing Machine Products Offered
    • 12.10.5 Star Electronics Systems Recent Development
  • 12.11 Precision Testing Machines Pvt. Ltd
    • 12.11.1 Precision Testing Machines Pvt. Ltd Corporation Information
    • 12.11.2 Precision Testing Machines Pvt. Ltd Business Overview
    • 12.11.3 Precision Testing Machines Pvt. Ltd Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.11.4 Precision Testing Machines Pvt. Ltd Wheel Balancing Machine Products Offered
    • 12.11.5 Precision Testing Machines Pvt. Ltd Recent Development
  • 12.12 Corghi
    • 12.12.1 Corghi Corporation Information
    • 12.12.2 Corghi Business Overview
    • 12.12.3 Corghi Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.12.4 Corghi Wheel Balancing Machine Products Offered
    • 12.12.5 Corghi Recent Development
  • 12.13 Ampro Testing Machines
    • 12.13.1 Ampro Testing Machines Corporation Information
    • 12.13.2 Ampro Testing Machines Business Overview
    • 12.13.3 Ampro Testing Machines Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.13.4 Ampro Testing Machines Wheel Balancing Machine Products Offered
    • 12.13.5 Ampro Testing Machines Recent Development
  • 12.14 UniAliner Auto Equipments Company
    • 12.14.1 UniAliner Auto Equipments Company Corporation Information
    • 12.14.2 UniAliner Auto Equipments Company Business Overview
    • 12.14.3 UniAliner Auto Equipments Company Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.14.4 UniAliner Auto Equipments Company Wheel Balancing Machine Products Offered
    • 12.14.5 UniAliner Auto Equipments Company Recent Development
  • 12.15 Hofmann Maschinen- und Anlagenbau GmbH
    • 12.15.1 Hofmann Maschinen- und Anlagenbau GmbH Corporation Information
    • 12.15.2 Hofmann Maschinen- und Anlagenbau GmbH Business Overview
    • 12.15.3 Hofmann Maschinen- und Anlagenbau GmbH Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.15.4 Hofmann Maschinen- und Anlagenbau GmbH Wheel Balancing Machine Products Offered
    • 12.15.5 Hofmann Maschinen- und Anlagenbau GmbH Recent Development
  • 12.16 Tecalemit Garage Equipment Company Limited
    • 12.16.1 Tecalemit Garage Equipment Company Limited Corporation Information
    • 12.16.2 Tecalemit Garage Equipment Company Limited Business Overview
    • 12.16.3 Tecalemit Garage Equipment Company Limited Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.16.4 Tecalemit Garage Equipment Company Limited Wheel Balancing Machine Products Offered
    • 12.16.5 Tecalemit Garage Equipment Company Limited Recent Development
  • 12.17 Dannmar Equipment
    • 12.17.1 Dannmar Equipment Corporation Information
    • 12.17.2 Dannmar Equipment Business Overview
    • 12.17.3 Dannmar Equipment Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.17.4 Dannmar Equipment Wheel Balancing Machine Products Offered
    • 12.17.5 Dannmar Equipment Recent Development
  • 12.18 SIGNET AUTOMATION ENGINEERS PVT. LTD
    • 12.18.1 SIGNET AUTOMATION ENGINEERS PVT. LTD Corporation Information
    • 12.18.2 SIGNET AUTOMATION ENGINEERS PVT. LTD Business Overview
    • 12.18.3 SIGNET AUTOMATION ENGINEERS PVT. LTD Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.18.4 SIGNET AUTOMATION ENGINEERS PVT. LTD Wheel Balancing Machine Products Offered
    • 12.18.5 SIGNET AUTOMATION ENGINEERS PVT. LTD Recent Development
  • 12.19 BendPak Inc
    • 12.19.1 BendPak Inc Corporation Information
    • 12.19.2 BendPak Inc Business Overview
    • 12.19.3 BendPak Inc Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.19.4 BendPak Inc Wheel Balancing Machine Products Offered
    • 12.19.5 BendPak Inc Recent Development
  • 12.20 Snap-on Incorporated
    • 12.20.1 Snap-on Incorporated Corporation Information
    • 12.20.2 Snap-on Incorporated Business Overview
    • 12.20.3 Snap-on Incorporated Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.20.4 Snap-on Incorporated Wheel Balancing Machine Products Offered
    • 12.20.5 Snap-on Incorporated Recent Development
  • 12.21 Giuliano Industrial S.p.A.
    • 12.21.1 Giuliano Industrial S.p.A. Corporation Information
    • 12.21.2 Giuliano Industrial S.p.A. Business Overview
    • 12.21.3 Giuliano Industrial S.p.A. Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.21.4 Giuliano Industrial S.p.A. Wheel Balancing Machine Products Offered
    • 12.21.5 Giuliano Industrial S.p.A. Recent Development
  • 12.22 Shanghai Balance Automotive Equipment CO., Ltd
    • 12.22.1 Shanghai Balance Automotive Equipment CO., Ltd Corporation Information
    • 12.22.2 Shanghai Balance Automotive Equipment CO., Ltd Business Overview
    • 12.22.3 Shanghai Balance Automotive Equipment CO., Ltd Wheel Balancing Machine Sales, Revenue and Gross Margin (2016-2021)
    • 12.22.4 Shanghai Balance Automotive Equipment CO., Ltd Wheel Balancing Machine Products Offered
    • 12.22.5 Shanghai Balance Automotive Equipment CO., Ltd Recent Development

13 Wheel Balancing Machine Manufacturing Cost Analysis

  • 13.1 Wheel Balancing Machine Key Raw Materials Analysis
    • 13.1.1 Key Raw Materials
    • 13.1.2 Key Raw Materials Price Trend
    • 13.1.3 Key Suppliers of Raw Materials
  • 13.2 Proportion of Manufacturing Cost Structure
  • 13.3 Manufacturing Process Analysis of Wheel Balancing Machine
  • 13.4 Wheel Balancing Machine Industrial Chain Analysis

14 Marketing Channel, Distributors and Customers

  • 14.1 Marketing Channel
  • 14.2 Wheel Balancing Machine Distributors List
  • 14.3 Wheel Balancing Machine Customers

15 Market Dynamics

  • 15.1 Wheel Balancing Machine Market Trends
  • 15.2 Wheel Balancing Machine Drivers
  • 15.3 Wheel Balancing Machine Market Challenges
  • 15.4 Wheel Balancing Machine Market Restraints

16 Research Findings and Conclusion

    17 Appendix

    • 17.1 Research Methodology
      • 17.1.1 Methodology/Research Approach
      • 17.1.2 Data Source
    • 17.2 Author List

    Summary:
    Get latest Market Research Reports on Wheel Balancing Machine. Industry analysis & Market Report on Wheel Balancing Machine is a syndicated market report, published as Global Wheel Balancing Machine Sales Market Report 2021. It is complete Research Study and Industry Analysis of Wheel Balancing Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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