Report overview
Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
This report aims to provide a comprehensive presentation of the global market for Automotive 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 Wheel. This report contains market size and forecasts of Automotive Wheel in global, including the following market information:
Global Automotive Wheel Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Automotive Wheel Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Automotive Wheel companies in 2022 (%)
The global Automotive Wheel market was valued at US$ 40430 million in 2022 and is projected to reach US$ 54800 million by 2030, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Alloy wheels are becoming popular due to their aesthetic appeal. They are light weight and dissipate heat from tires and brakes more effectively as compared to steel wheels. Moreover, increase in capital investment and R&D spending by OEMs, particularly on passenger cars boosts the market growth. The?automotive wheel market?is powered by shifting trend toward light weighted aesthetically appealing cars and has witnessed considerable growth in the developed as well as developing regions. Automotive giants are increasingly focusing on manufacturing light weight vehicles in response to growth in concern for environmental pollution.
We surveyed the Automotive 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 Wheel Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive Wheel Market Segment Percentages, by Type, 2022 (%)
Aluminum Alloy
Steel
Carbon Fiber
Global Automotive Wheel Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive Wheel Market Segment Percentages, by Application, 2022 (%)
Original Equipment Manufacturer (OEM)
Aftermarket
Global Automotive Wheel Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Automotive 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 Wheel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Wheel revenues share in global market, 2022 (%)
Key companies Automotive Wheel sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Wheel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Iochpe-Maxion
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Wheel, market overview.
Chapter 2: Global Automotive Wheel market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive 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 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 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.
