New technology lifts U.S. garage equipment market
By the year 2005, the U.S. retail market for automotive lifts, wheel aligners, tire changers and wheel balancers will reach levels of half of a billion dollars. The market for this area of the automotive equipment sector will continue to grow due to three main reasons: technology, replacement, and new service centers. Technology has created demand for mature products albeit with a twist, products that are more accurate, have better functionality, and can save time and make money while driving demand and revenues in the market.
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