Magnesium Wheel primary research Analysis on PVM Brakes Manheim, Enkei Corporation, BBS, O.Z. and APP Tech. Mergers
Magnesium Wheel Market, Magnesium Wheel Market Study, Magnesium Wheel Market Size, Magnesium Wheel Market Segmentation, Magnesium
Magnesium Wheel market report provides 2024 forecasts built using statistical analysis while covering data from primary research as well as secondary sources that help gain market insights and provide industry growth expectations.
Report Mainly focuses on the top Manufacturers in global market are given bellow
SMW Engineering Ltd., PVM Brakes Manheim, Enkei Corporation, BBS, O.Z. and APP Tech. Mergers, acquisitions, collaborations
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The Magnesium Wheel Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global Magnesium Wheel market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
By Manufacturing
Cast
Forged
By End-Use
OEM
Aftermarket
By Vehicle
Bikes
Premium/ Sports Cars
Rising demand for European car brands due to rapid globalization will fuel the magnesium wheel market growth. For instance, European exports in automotive industry was valued over USD 130 billion in 2016. Growing popularity of sport events including Grand Prix and Formula One has resulted in increased product demand as numerous companies are involved in sponsorships in the events.
Premium/ sports car vehicle accounted for over 95% of the overall industry share in 2016. Changing lifestyles and improving income trends have resulted in increasing demand for better rides, improved comfort and easy handling. High impact absorption, enhanced braking system and improved acceleration are additional properties fueling the industry growth. High capital investment, production costs and fluctuating energy costs may affect magnesium wheel market price trend.
Cast manufacturing was valued over USD 5 billion in 2016. Low production cost and easy manufacturing process are the key factors supporting business growth. However, heavy weight as compared to forged products may hamper demand.
OEM market is anticipated to value over USD 15 billion by 2024. High manufacturing standards in OEMs including testing, optimization, quality control to ensure product compatibility with vehicles has enhanced product demand. High return on investment, low response time and improved support are the key benefits supporting industry growth.
Europe magnesium wheel market was valued over USD 9 billion in 2016. Presence of major luxury car manufacturers including Jaguar Land Rover, Morgan, Bentley and Rolls-Royce will drive the industry growth. Increasing investment on superior manufacturing facilities with highly skilled & productive workforce and cutting-edge design & technology will fuel the regional demand. UK automotive industry was valued over USD 20 billion in 2016.
Asia Pacific magnesium wheel market will observe gains exceeding 3.5% up to 2024. Efficient economic recovery coupled with technological advancement in automotive industry has enhanced the product demand. Growth in number of automotive manufacturing facilities particularly in China and India will drive the product scope.
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The above information is provided on a regional and country basis for the following:
North America (U.S., Canada)
Europe (Mexico, Belgium, Finland, France, Germany, Italy, Lithuania, Spain, Russia, Sweden, UK, Norway)
Asia Pacific (China, Japan, India, South Korea, Thailand, Malaysia, Singapore, Vietnam, Indonesia)
Latin America (Brazil, Argentina, Peru)
MEA (Iran, Turkey, KSA, UAE, South Africa, Egypt)
North America magnesium wheel market accounted for more than 20% of total industry share in 2016. Expansion in automotive industry in the region due to favorable geographical location, business environment, high investment on research & development and availability of advanced technology will propel the regional demand.
Few Chapter of TOC
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Magnesium wheel industry 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Manufacturing trends
2.1.3. End-use trends
2.1.4. Vehicle trends
2.1.5. Regional trends
Chapter 3. Magnesium Wheel Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.4. Technology landscape
3.5. Raw material analysis
3.6. Industry best practices & key buying criteria
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.2. Industry pitfalls & challenges
3.10. Innovation & sustainability
Chapter 4. Magnesium Wheel Market, By Manufacturing
4.1. Global magnesium wheel market share by manufacturing, 2016 & 2024
4.2. Cast
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Forged
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Magnesium Wheel Market, By End-Use
5.1. Global magnesium wheel market share by end-use, 2016 & 2024
5.2. OEM
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013–2024
5.3. Aftermarket
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 6. Magnesium Wheel Market, By Vehicle
6.1. Global magnesium wheel market share by vehicle, 2016 & 2024
6.2. Bikes
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast, by region, 2013–2024
6.3. Premium/ sports cars
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast, by region, 2013 – 2024
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