Automotive Alloy Wheel Market Size, Share, Trends, Growth Analysis 2018 Global Key Players Overview By MHT Luxury Wheels, Euromax Wheel, Enkei Wheels, Wheel Pros, And Fuel Off-Road Wheels

Automotive Alloy Wheel Market to grow at 4% compound annual growth rate by 2018 to 2023, according to “Global Automotive Alloy Wheel Market Size, Share, Trends, Growth and Regional Forecast Industry Report” published by Market Research Future. This report comprises comprehensive information on Automotive Alloy Wheel Market Forecast data up to 2023, with historic and current market information. Automotive Alloy Wheel Industry analysis done by finishing type (Polished alloy wheel, Two-toned allay wheel and Others), Wheel type (Compact-size, Mid-size, Full-size), application (Passenger cars, Commercial vehicles and Two wheelers) and Region.

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Global Automotive Alloy Wheel Market Highlights:

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

Questions Answered in Report:

Which region going to dominate Automotive Alloy Wheel Market In Coming Years?
What will be the market size, share forecast?
What are the drivers and challenges of the market?
What are the upcoming trends in the Automotive Alloy Wheel payments market?
Which are the key vendors operating in the market?

The global automotive alloy wheel market is growing at a slow but steady pace and according to Market Research Future (MRFR), it is set to capture a CAGR of 2.9% between 2017 and 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 pricier 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

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.

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.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Stud

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4.1 Introduction

4.2 Forward Collision Warning

4.3 Dynamic Brake Support

4.4 Crash Imminent Braking

Continued…

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