| Product Code: ETC4755523 | 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 |
Sweden`s import shipments of balancing machines in 2024 saw a significant presence from top exporting countries including Italy, China, USA, UK, and Turkey. Despite a high concentration with a Herfindahl-Hirschman Index (HHI) remaining at elevated levels, the industry experienced a sharp decline in both the Compound Annual Growth Rate (CAGR) from 2020-2024 at -19.85% and the growth rate from 2023-2024 at -43.93%. These figures indicate a challenging market environment for balancing machine imports in Sweden, reflecting potential shifts in demand and supply dynamics within the industry.
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 Balancing Machine Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Balancing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Balancing Machine Market - Industry Life Cycle |
3.4 Sweden Balancing Machine Market - Porter's Five Forces |
3.5 Sweden Balancing Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sweden Balancing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Balancing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on manufacturing efficiency and quality control |
4.2.2 Growing adoption of automation and Industry 4.0 technologies in manufacturing |
4.2.3 Rising demand for precision balancing in industries such as automotive, aerospace, and electronics |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with advanced balancing machines |
4.3.2 Limited availability of skilled technicians to operate and maintain balancing machines |
4.3.3 Economic uncertainties impacting investments in machinery and equipment |
5 Sweden Balancing Machine Market Trends |
6 Sweden Balancing Machine Market Segmentations |
6.1 Sweden Balancing Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Balancing Machine Market Revenues & Volume, By Hard-bearing, 2021-2031F |
6.1.3 Sweden Balancing Machine Market Revenues & Volume, By Soft-bearing, 2021-2031F |
6.1.4 Sweden Balancing Machine Market Revenues & Volume, By Static balancing machines, 2021-2031F |
6.1.5 Sweden Balancing Machine Market Revenues & Volume, By A blade balancing machine, 2021-2031F | 6.1.7 Sweden Balancing Machine Market Revenues & Volume, By Portable balancing machines, 2021-2031F |
6.2 Sweden Balancing Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sweden Balancing Machine Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Sweden Balancing Machine Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Sweden Balancing Machine Market Revenues & Volume, By Residential, 2021-2031F |
6.2.5 Sweden Balancing Machine Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Sweden Balancing Machine Market Import-Export Trade Statistics |
7.1 Sweden Balancing Machine Market Export to Major Countries |
7.2 Sweden Balancing Machine Market Imports from Major Countries |
8 Sweden Balancing Machine Market Key Performance Indicators |
8.1 Percentage increase in adoption of automated balancing solutions |
8.2 Average time saved per product due to the use of advanced balancing machines |
8.3 Number of new entrants offering innovative balancing solutions in the market |
9 Sweden Balancing Machine Market - Opportunity Assessment |
9.1 Sweden Balancing Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sweden Balancing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Balancing Machine Market - Competitive Landscape |
10.1 Sweden Balancing Machine Market Revenue Share, By Companies, 2024 |
10.2 Sweden Balancing Machine 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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