Press release
Automotive Wheel Global Market Study For 2022 To 2031 Providing Information On Key Players, Growth Drivers And Industry Challenges
'Automotive Wheel Global Market Report 2022 -Market Size, Trends, And global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The automotive wheel market research report helps gain a truly global perspective of the Automotive Wheel industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the automotive wheel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest automotive wheel market share.
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The automotive wheel market consists of sales of automotive wheels by entities (organizations, sole traders, and partnerships) that manufacture automotive wheels. The wheel is an essential component of every vehicle. It counteracts all of the forces that the vehicle is subjected to during operation, balancing the entire weight of a vehicle. A spoke, rim, and hub is essential parts of an automobile wheel. It is responsible for turning, operating, and directing the direction and speed of the vehicle.
Key competitors in the automotive wheel market include IOCHPE Maxion, Superior Industries International, Accuride Corporation, Steel Strips Wheels, Hitachi Metals, Citic Dicastal, Zhejiang Wanfeng Auto Wheel, Borbet, Mangels Industrial, Mefro Wheels, Ronal Group, and CLN Group.
The global automotive wheel market size is expected to grow from $30.41 billion in 2021 to $34.38 billion in 2022 at a compound annual growth rate (CAGR) of 13%. The global automotive wheel market size is expected to grow to $46.51 billion in 2026 at a CAGR of 7.8%.
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TBRC's Report Segments The Global Automotive Wheel Market:
1) By Material: Steel, Alloy, Carbon Fiber, Others
2) By Vehicle Class: Economy, Mid-Priced, Luxury-Priced
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
4) By Rim Size: 13"-15", 16"-18", 19"-21", Above 21"
5) By End-Use: OE, Aftermarket
Read Further On The Automotive Wheel Market Here:
https://www.thebusinessresearchcompany.com/report/automotive-wheel-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Automotive Wheel Market Characteristics
3. Automotive Wheel Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Wheel
5. Automotive Wheel Market Size And Growth
.....
26. Africa Automotive Wheel Market
27. Automotive Wheel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Wheel Market
29. Automotive Wheel Market Future Outlook and Potential Analysis
30. Appendix
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