Press release
Automotive Aluminum Wheel Market Top Key Player Analysis - Borbet, CITIC Dicastal, Ronal Wheels, Alcoa, Superior Industries, Iochpe-Maxion, Uniwheel Group, Wanfeng Auto, Lizhong Group & More
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminum Wheel Market by product type, application, key manufacturers and key regions. Over the next five years, Automotive Aluminum Wheel will register a 1.6% CAGR in terms of revenue, reach US$ 14500 million by 2023, from US$ 13200 million in 2017.
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Automotive Aluminum Wheel is made by the aluminum alloy. The aluminum 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.
In the next few years, Aluminum Wheel industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
The classification of Aluminum Wheel includes Casting, Forging and Other. The proportion of Casting in 2016 is about 84.29%. Cast wheels are cheaper than forged wheels, which are lighter and stronger.
Aluminum Wheel are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Aluminum Wheel is used in Passenger Vehicle, and the sales proportion in 2016 is about 95.80%.
China and Europe is the main consumption places, with a consumption market share nearly 26.85% and 25.74% in 2016. Other regions also enjoy the major market share in global region.
In the future, the aluminum wheel will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weaken. The installed rate in the commercial vehicle will increase.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Borbet (Germany), CITIC Dicastal (China), Ronal Wheels (Switzerland), Alcoa (US), Superior Industries (US), Iochpe-Maxion (Brazil), Uniwheel Group (Germany), Wanfeng Auto (China), Lizhong Group (China), Enkei Wheels (Japan), Accuride (US), YHI International Limited (Singapore), Topy Group (Japan), Kunshan Liufeng (China), Zhejiang Jinfei (China), Yueling Wheels (China), Zhongnan Aluminum Wheels (China), Anchi Aluminum Wheel (China), Guangdong Dcenti Auto-Parts (China).
Segmentation by product type:
Cast Wheels
Forged Wheels
Others
Segmentation by application:
Passenger Vehicle
Commercial Vehicle
Research objectives:
To study and analyze the global Automotive Aluminum Wheel consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Aluminum Wheel market by identifying its various subsegments.
Focuses on the key global Automotive Aluminum Wheel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Aluminum Wheel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Aluminum Wheel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Report At: https://empowerednews.net/author/gminsights/
Related Report:
United States Automotive Aluminum Wheel Market Report 2017
In this report, the United States Automotive Aluminum Wheel market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-automotive-aluminum-wheel-market-report-2017/?utm_source=RR-PSR
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