Automotive Alloy Wheel Market 2018 By Global Key Players: Euromax, MHT Luxury, Status, Wheel, Fuel Off-Road Wheels, SOTA, Enkei Wheels, Ronal, Uniwheels, BBS Kraftfahrzeugtechnik

April. 4, 2018 (NEWS) -- Automotive Alloy Wheel Market Research Report 2018 expands information on Automotive Alloy Wheel Market by finishing type (Polished alloy wheel, Two-toned allay wheel and Others), By Wheel type (Compact-size, Mid-size, Full-size), By application (Passenger cars, Commercial vehicles and Two wheelers) and by Regions. The global market of Automotive Alloy Wheel will grow at a rapid pace over the forecast period.

The global market of automotive alloy wheel is growing rapidly. Focus towards improved efficiency, and improved driving experience makes automotive alloy wheel popular among manufacturers as well as consumers. Such automotive alloy wheel has features such as recyclability, less cost and manufacture as per the weight of the vehicle, which push the market towards growth. Automotive alloy wheel production is consequently high in Asia-Pacific, with China and India expected to be the most promising markets. Rising production levels, growing automotive industry and an increasing demand for the lightweight automotive alloy wheel supplied by manufacturers, are driving the automotive alloy wheel market.

Automotive Alloy Wheel Market Companies Analyzed in report:

Euromax Wheel (U.S.), MHT Luxury Wheels (U.S.), Status Wheels, Inc. (U.S.), Wheel Pros, LLC (U.S.), Fuel Off-Road Wheels (U.S.), SOTA Offroad (U.S.), Enkei Wheels India Ltd.(India), Ronal AG (Switzerland), Uniwheels (Switzerland) and BBS Kraftfahrzeugtechnik AG (Germany)

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Market Research Future analysis shows that the global market of automotive alloy wheel market is estimated to grow at a 2.9 % CAGR by the end of year 2023. Changing life styles, and urbanization are some of the major factors driving the market of automotive alloy wheel. Asia-Pacific is leading the market of automotive alloy wheel, followed by North America which is expected to grow rapidly due to increased domestic demand for automotive alloy wheel. Automotive companies including two-wheeler manufacturers and passenger cars manufacturers are constantly trying to emphasize more on innovation for their product offering in order to enhance the efficiency of automotive.

Market Segmentation:

Automotive Alloy Wheel Market segmentation by type (Tempered glass, Laminated glass), by vehicle type (Passenger car, Light commercial vehicle, Heavy Commercial vehicle), By Application (Windscreen, Sidelite, Backlite, Sunroof).

Geographic Analysis:

Asia-Pacific market is dominating the market of automotive alloy wheel market due to growth in automotive sector. Large demand and production of automobiles, development of automotive manufacturing industries in developing economies such as China and India are driving the market for automotive alloy wheel market. Features such as weight reduction, and better handling of vehicles help in the market growth. The increased preference for external styling and customization are pushing the market towards growth. The market in developing countries is largely driven by economic growth and ongoing industrialization, which helps in production of motor vehicles and other manufacturing output.
Target Audience of Report:

Organizations

Manufacturer

Research Institute / Education Institute

Potential Investors

The report for Global Automotive Alloy Wheel Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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