Press release
Automotive Wheel Market to reach USD 59.7 Bn by 2029, Technological Advancements and Growth Opportunities
Automotive Wheel Market
Automotive Wheel Market Report Scope and Research Methodology
The Automotive Wheel market is segmented based on Rim Size, Material, Vehicle, End-User, and Region. The report provides an in-depth analysis of the market, containing meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. The report also includes estimates based on an appropriate set of assumptions and methodologies.
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A bottom-up approach has been used to estimate the market size. Key players in the Automotive Wheel market are identified through secondary research, and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals.
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What are Automotive Wheel Market Dynamics:
The varying rim sizes across regions create scope for product innovation. Local regulations on foreign involvement, joint venture arrangements, and market access have a significant impact on how multinational automakers compete in emerging countries such as China, Brazil, and Mexico.
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The varying rim sizes across regions create scope for product innovation. Local regulations on foreign involvement, joint venture arrangements, and market access have a significant impact on how multinational automakers compete in emerging countries such as China, Brazil, and Mexico.
Automotive Wheel Market Regional Insights
In Europe, 16- and 17-inch wheels are standard on top-selling passenger vehicles, while 18- and 19-inch wheels are more common in the US market. The continuous premiumization trend in India will be a significant impetus for alloy wheel companies and an important opportunity for overseas manufacturers. In China, 14-16-inch silver painted alloy wheels are more prevalent in the top ten best-selling automobiles. More than 90 percent of top-selling automobiles in Japan have 14-16 inch wheels.
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What is Automotive Wheel Market Segmentation?
by Rim Size:
• 13"-15"
• 16"-18"
• 19"-21"
• Above 21"
by Material:
• Alloy
• Steel
• Aluminum
• Carbon Fiber
• Other
by Vehicle:
• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
by End-User:
• Original Equipment Manufacturer (OEM)
• Aftermarket
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Who are Automotive Wheel Market Key Players?
• MAXION Wheels (Germany)
• Borbet GmbH (Germany)
• Uniwheels (Germany)
• BBS Kraftfahrzeugtechnik AG. (Germany)
• Thyssenkrupp AG (Germany)
• CITIC Dicastal Co., Ltd. (China)
• Zhejiang Wanfeng Auto Wheel (China)
• LIZHONG WHEEL GROUP (China)
• Superior Industries International (US)
• Accuride Corporation (US)
• MHT Luxury Wheels (US)
• Status Wheels, Inc. (US)
• Wheel Pros, LLC (US)
• Fuel Off-Road Wheels (US)
• SOTA Offroad (US)
• Forgiato Wheels (US)
• KONIG AMERICAN (US)
• LKQ Corporation (US)
• HRE Performance Wheels (US)
• Vossen Wheels (US)
• ALCOA WHEELS (US)
• Steel Strips Wheels Ltd. (India)
• Enkei Wheels India Ltd. (India)
• Hitachi Metals (Japan)
• TOPY INDUSTRIES (Japan)
• Mangels Industrial (Brazil)
• Ronal AG (Switzerland)
• CMWheels (UK)
• Alcar Holding GmbH (Austria)
Table of content for the Automotive Wheel Market includes:
Global Automotive Wheel Market: Research Methodology
Global Automotive Wheel Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Wheel Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive Wheel Market Segmentation
Global Market, by Rim Size(2021-2029)
Global Market, by Material(2021-2029)
Global Market, by Vehicle(2021-2029)
Global Market, by End-User(2021-2029)
Regional Automotive Wheel Market(2021-2029)
Global Market, by Rim Size(2021-2029)
Global Market, by Material(2021-2029)
Global Market, by Vehicle(2021-2029)
Global Market, by End-User(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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