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Automotive Alloy Wheel Market, Global Outlook and Forecast 2023-2029

Automotive Alloy Wheel Market, Global Outlook and Forecast 2023-2029

  • Published on : 30 March 2023
  • Pages :119
  • Report Code:SMR-7622293

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Report overview

The global Automotive Alloy Wheel market was valued at US$ 11730 million in 2022 and is projected to reach US$ 14390 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Most of automotive alloy wheel is made by aluminum alloy. The Automotive alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.
This report aims to provide a comprehensive presentation of the global market for Automotive Alloy Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Alloy Wheel. This report contains market size and forecasts of Automotive Alloy Wheel in global, including the following market information:

  • Global Automotive Alloy Wheel Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Automotive Alloy Wheel Market Sales, 2018-2023, 2024-2029, (K Units)
  • Global top five Automotive Alloy Wheel companies in 2022 (%)

The classification of Automotive Alloy Wheel includes Casting, Forging and Other. The proportion of Casting in 2019 is about 88.7%.
Automotive Alloy Wheel are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Alloy Wheel is used in Passenger Vehicle, and the sales proportion in 2019 is about 94.3%
Asia-Pacific is the largest consumption place, with a consumption market share nearly 54.07% in 2019. Following Asia-Pacific, Europe is the second largest consumption place with the consumption market share of 23.56%.
Market competition is intense. CITIC Dicastal, Ronal Wheels, Superior Industries, Borbet, Iochpe-Maxion, Howmet Aerospace, etc. are the leaders of the industry.
We surveyed the Automotive Alloy Wheel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Alloy Wheel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Alloy Wheel Market Segment Percentages, by Type, 2022 (%)

  • Casting
  • Forging
  • Other

Global Automotive Alloy Wheel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Alloy Wheel Market Segment Percentages, by Application, 2022 (%)

  • Passenger Vehicle
  • Commercial Vehicle

Global Automotive Alloy Wheel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Alloy Wheel Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Alloy Wheel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Alloy Wheel revenues share in global market, 2022 (%)
Key companies Automotive Alloy Wheel sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Alloy Wheel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • CITIC Dicastal
  • Borbet
  • Ronal Wheels
  • Howmet Aerospace
  • Superior Industries
  • Iochpe-Maxion
  • Wanfeng Auto
  • Lizhong Group
  • Enkei Wheels
  • Zhejiang Jinfei
  • Accuride
  • Topy Group
  • Zhongnan Alloy wheels
  • YHI International Limited
  • Yueling Wheels

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Automotive Alloy Wheel, market overview.
  • Chapter 2: Global Automotive Alloy Wheel market size in revenue and volume.
  • Chapter 3: Detailed analysis of Automotive Alloy Wheel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Automotive Alloy Wheel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Automotive Alloy Wheel capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.