Report overview
Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels. Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels. Forged wheels are typically around 25% lighter than cast wheels (and potentially even more).
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Forged Aluminum Alloy Wheels, 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 Commercial Vehicle Forged Aluminum Alloy Wheels. This report contains market size and forecasts of Commercial Vehicle Forged Aluminum Alloy Wheels in global, including the following market information:
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Commercial Vehicle Forged Aluminum Alloy Wheels companies in 2022 (%)
The global Commercial Vehicle Forged Aluminum Alloy Wheels market was valued at US$ 715.6 million in 2022 and is projected to reach US$ 913 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Aluminum Alloy Wheels main players are CITIC Dicastal, Borbet, Ronal Wheels, Alcoa, Superior Industries, etc. Global top five manufacturers hold a share over 40%. Asia-Pacific is the largest market, with a share nearly 50%.
We surveyed the Commercial Vehicle Forged Aluminum Alloy Wheels 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 Commercial Vehicle Forged Aluminum Alloy Wheels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market Segment Percentages, by Type, 2022 (%)
OEM Wheels
Aftermarket Wheels
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market Segment Percentages, by Application, 2022 (%)
Light Commercial Vehicle
Medium Commercial Vehicle
Heavy Duty Commercial Vehicle
Global Commercial Vehicle Forged Aluminum Alloy Wheels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Forged Aluminum Alloy Wheels 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 Commercial Vehicle Forged Aluminum Alloy Wheels revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Commercial Vehicle Forged Aluminum Alloy Wheels revenues share in global market, 2022 (%)
Key companies Commercial Vehicle Forged Aluminum Alloy Wheels sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Commercial Vehicle Forged Aluminum Alloy Wheels sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Wanfeng Auto
Lizhong Group
Enkei Wheels
Zhejiang Jinfei
Accuride
Topy Group
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
Outline of Major Chapters:
Chapter 1: Introduces the definition of Commercial Vehicle Forged Aluminum Alloy Wheels, market overview.
Chapter 2: Global Commercial Vehicle Forged Aluminum Alloy Wheels market size in revenue and volume.
Chapter 3: Detailed analysis of Commercial Vehicle Forged Aluminum Alloy Wheels 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 Commercial Vehicle Forged Aluminum Alloy Wheels 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 Commercial Vehicle Forged Aluminum Alloy Wheels 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.
