Automotive Wheel Market Overview
The report offers a comprehensive understanding of regional dynamics, market trends, and growth drivers. This analysis empowers stakeholders to make informed decisions, ensuring strategic alignment and success in the competitive " Automotive Wheel market " landscape.
Automotive Wheel Market Scope
The Automotive Wheel market analysis report encompasses a comprehensive examination of import and export consumption, supply and demand intricacies, cost structures, market shares, sales volumes, revenues, and gross profits. The report presents insights into the global market scenario, shedding light on key manufacturers across diverse regions. This data-rich analysis equips stakeholders with valuable information for strategic decision-making, enabling them to navigate the dynamic Automotive Wheel market effectively.
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Automotive Wheel Market Development and Estimation:
Automotive Wheel Market was valued at US$ 42.31 Bn. in 2023 and the total Automotive Wheel revenue is expected to grow at 5.9% from 2024 to 2030, reaching nearly US$ 63.21 Bn.
Automotive Wheel Market Dividing:
For the duration of the forecast period, the alloy segment of the Material market is anticipated to expand at a CAGR of 4.8%. The weaker alloys used in alloy wheels are usually not corrosion-resistant, but they are often purchased for aesthetic purposes (visible repairs). The popular bare-metal finishes may be achieved with alloys, but they need to be sealed with paint or wheel coverings.
by Rim
Size 13"-15"
16"-18"
19"-21"
Above 21"
by Material
Alloy
Steel
Aluminum
Carbon Fiber
Other
Due to their higher manufacturing costs compared to ordinary steel wheels, alloy wheels are occasionally offered as optional extras or as a part of a more costly trim package rather than as standard. But in contrast to a decade ago, when alloy wheels were often not factory options on low-cost vehicles, alloy wheels are now available on budget and subcompact cars.
by Vehicle
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
by End-User
Original Equipment Manufacturer (OEM)
Aftermarket
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Automotive Wheel Market Key Players:
1. MAXION Wheels (Germany)
2. Borbet GmbH (Germany)
3. Uniwheels (Germany)
4. BBS Kraftfahrzeugtechnik AG. (Germany)
5. Thyssenkrupp AG (Germany)
6. CITIC Dicastal Co., Ltd. (China)
7. Zhejiang Wanfeng Auto Wheel (China)
8. LIZHONG WHEEL GROUP (China)
9. Superior Industries International (US)
10. Accuride Corporation (US)
11. MHT Luxury Wheels (US)
12. Status Wheels, Inc. (US)
13. Wheel Pros, LLC (US)
14. Fuel Off-Road Wheels (US)
15. SOTA Offroad (US)
16. Forgiato Wheels (US)
17. KONIG AMERICAN (US)
18. LKQ Corporation (US)
19. HRE Performance Wheels (US)
20. Vossen Wheels (US)
21. ALCOA WHEELS (US)
22. Steel Strips Wheels Ltd. (India)
23. Enkei Wheels India Ltd. (India)
24. Hitachi Metals (Japan)
25. TOPY INDUSTRIES (Japan)
26. Mangels Industrial (Brazil)
27. Ronal AG (Switzerland)
28. CMWheels (UK)
29. Alcar Holding GmbH (Austria)
Automotive Wheel Market Regional Analysis
The Automotive Wheel market report offers a comprehensive analysis of the Automotive Wheel industry.The report meticulously identifies and examines significant industry segments and sub-segments, unveiling key growth drivers and challenges. Whether seeking expansion opportunities or market insights, this analysis equips industry players with valuable data to navigate the diverse landscape of the Automotive Wheel market.
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Key Questions answered in the Automotive Wheel Market Report are:
- What is Automotive Wheel Market?
- What is the forecast period of the Automotive Wheel Market?
- What is the competitive scenario of the Automotive Wheel market?
- Which region held the largest market share in the Automotive Wheel Market?
- What are the opportunities for the Automotive Wheel Market?
- What are the restraining factors in the Automotive Wheel market?
- Who are the key players of the Automotive Wheel market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2024-2030
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Automotive Wheel Market.
- Landscape- Leading key players and other prominent key players.
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