Automotive Alloy Wheel Market 2018 Global Industry Size, Share Outlook By Key Company - MHT Luxury Wheels, Ronal, Euromax Wheel, Fuel Off-Road Wheels, BBS Kraftfahrzeugtechnik, And SOTA Offroad

Automotive Alloy Wheel Market 2018 Global Industry Analysis Report - Forecast to 2023, is latest study published by “MarketResearchFuture”, comprises Global Automotive Alloy Wheel Market analysis by Size, Share, Growth, Forecast and Historical data with opportunity, competitive and regional outlook to 2023. For understanding Automotive Alloy Wheel System Global Market is segmented 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 Region.

Automotive Alloy Wheel Market Global Key Companies Analyzed In Report Are:

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)

Get Sample Copy Of “Global Automotive Alloy Wheel Market Research Report - Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/3931

Market Synopsis:

Market Research Future Published Research Report on Global Automotive Alloy Wheel Market Global Forecast To 2023. Automotive Alloy Wheel Market: Automotive Alloy to Expand at a Moderate CAGR During 2018 to 2023.

Demand for light-weight wheels, which offers greater strength has continued to grow in recent years. Alloy wheels usually have superior performance advantages over steel wheels. Alloy wheels are lighter and increase fuel efficiency of a vehicle. They are also able to endure harsh climatic conditions so there is a lower risk of technical failure. In addition, alloy wheels add to the aesthetic appeal of a vehicle than steel wheels and are often the preference of consumers since they can be customized as per buyer’s specification.

Growth in the automobile industry and growing trend of vehicle customization is also aiding to the growth of automotive alloy wheel market. However, alloy wheels are more pricey than steel wheels. This is one of the factors, which is hampering the expansion of the market in countries with massive pools of price-sensitive consumers. Countries such as India and Indonesia have large population but these countries have still not given into the trend of automotive alloy wheels yet. Price is a major factor influencing the market’s growth. Alloys are generally made up of metals and other elements, so, hike in price of metals such as iron or aluminum impacts the market negatively. Periodic changes in government guidelines, advancements in technology and environmental codifications also pose challenges to the market.

Regional Analysis:

Asia-Pacific is likely to have the maximum share of the global automotive alloy wheel market between 2017 and 2023, owing to the expanding automotive sector. The ongoing industrialization and economic acceleration in countries such as India and China has provided an impetus to the region’s market. North America and Europe follow Asia Pacific. These two regions will important destinations for market player during the assessment period.

Segmentation:

The global automotive alloy wheel market is segmented based on finishing type, wheel type and application. On the basis of finishing type, the global automotive alloy wheel market is segmented into polished alloy wheel, two-toned alloy wheel and others. On the basis of wheel type, it is segmented into compact-size, mid-size and full-size. On the basis of application, it is segmented into commercial vehicles, passenger cars and two wheelers.

Industry Updates:

Synergies Castings is set to invest around 100 million dollars in a new alloy wheel manufacturing plant in India. Synergies castings is one of the leading aluminum alloy wheel manufacturers in India. The new unit is estimated to have an annual production capacity of 2.4 million wheels and equipped with advanced manufacturing technologies such as machining, painting facilities and cosmopolitan casting.

The GFG Alliance Industrial group has been granted permission by the Scottish highlands Council to set up an alloy wheel factory in Fort William, Scottish Highlands, UK. GFG intends to start up this alloy wheel factory which would be a 400-worker factory, producing 2 million wheels a year from 2020.

Major Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

Continued...

Browse more details on this report at: https://www.marketresearchfuture.com/reports/automotive-alloy-wheel-market-3931

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Market Research Future

Email: sales@marketresearchfuture.com

Phone: +1 646 845 9312

Office No. 528, Amanora Chambers Magarpatta Road.

Pune, Maharashtra.

This release was published on openPR.