Report overview
Automotive alloy wheels are made from either an alloy of magnesium or aluminum or a mixture of both. Automotive alloy wheels are light weight wheels which improve the steering and speed of a car. Since aluminum or magnesium alloy is a good conductor of heat, automotive alloy wheels decrease heat dissipation from brakes and reduce the risk of brake failure under extreme driving conditions. Automotive alloy wheels have complex geometry and satisfy the manifold design criteria, such as weight, style, performance and manufacturability.?
This report aims to provide a comprehensive presentation of the global market for Automobile 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 Automobile Alloy Wheels. This report contains market size and forecasts of Automobile Alloy Wheels in global, including the following market information:
Global Automobile Alloy Wheels Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automobile Alloy Wheels Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automobile Alloy Wheels companies in 2022 (%)
The global Automobile Alloy Wheels market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing demand for light weight and corrosion resistant alloy wheels is increasing due to changing weather conditions, which is a key factor boosting the growth of the automotive alloy wheel market. Automotive alloy wheels support tubeless tires and also offer better grip on brakes. These are some of the benefits that are likely to increase the demand for automotive alloy wheels, which in turn, will accelerate the growth of the automotive alloy wheel market in the upcoming years. The nominal reduction in fuel consumption and precise steering handling are some of the other important factors that will drive the growth of the automotive alloy wheel market.
We surveyed the Automobile 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 Automobile Alloy Wheels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile Alloy Wheels Market Segment Percentages, by Type, 2022 (%)
Aluminum
Magnesium
Carbon Fiber
Global Automobile Alloy Wheels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile Alloy Wheels Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Automobile Alloy Wheels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automobile 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 Automobile Alloy Wheels revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automobile Alloy Wheels revenues share in global market, 2022 (%)
Key companies Automobile Alloy Wheels sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automobile Alloy Wheels sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Borbet
Enkei
Ronal Group
Arconic
CITIC Dicastal
Maxion Wheels
UniwheelS Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automobile Alloy Wheels, market overview.
Chapter 2: Global Automobile Alloy Wheels market size in revenue and volume.
Chapter 3: Detailed analysis of Automobile 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 Automobile 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 Automobile 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.
