Global Automotive Wheels Aftermarket Market: Emerging Trends, Major Key Players AEZ Leichtmetallräde and Maxion Wheels Limited

According to the report, The global Automotive Wheels Aftermarket market size is expected to reach $5.67 Billion by 2028 growing at the CAGR of 4.54% from 2021 to 2028. Because of the growing need for safety and comfort amenities, the average weight of a vehicle has been steadily increasing in the automobile industry. This has led to significant advancements and R&D efforts from both OEMs and aftermarket players with the use of lightweight materials to reduce overall vehicle weight and applicable legal and regulatory requirements governing vehicular fuel consumption and emissions, resulting in increased demand for aftermarket wheels.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global AUTOMOTIVE WHEELS AFTERMARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Automotive Wheels Aftermarket market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Automotive Wheels Aftermarket players holding highest market share include AEZ Leichtmetallräde, Maxion Wheels Limited , SSWL Wheels Ltd. And Automotive Wheels Ltd. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● AEZ Leichtmetallräde
● Maxion Wheels Limited
● SSWL Wheels Ltd.
● Automotive Wheels Ltd
● BBS Kraftfahrzeugtechnik
● Beyern Wheels
● Borbet GmbH
● CMWheels
● ENKEI CORPORATION
● Forgiato

Segmental Analysis

Market Segment By Aftermarket with focus on market share, consumption trend, and growth rate of AUTOMOTIVE WHEELS AFTERMARKET Market:
o New Wheel Replacement
o Refurbished Wheel Fitment

Market Segment By Vehicle with focus on market share, consumption trend, and growth rate of AUTOMOTIVE WHEELS AFTERMARKET Market:
o PC
o CV

Market Segment By Coating with a focus on market share, consumption trend, and growth rate of AUTOMOTIVE WHEELS AFTERMARKET Market:
o Liquid
o Powdered

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Global Automotive Wheels Aftermarket Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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