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Automotive Magnesium Alloy Wheel market was valued at US$ 12100 million in 2022 and is anticipated to reach US$ 15430 million by 2029, witnessing a CAGR of 2.9% - valuates Reports
The global Automotive Magnesium Alloy Wheel market was valued at US$ 12100 million in 2022 and is anticipated to reach US$ 15430 million by 2029, witnessing a CAGR of 2.9% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-9R14716/Global_Automotive_Magnesium_Alloy_Wheel_Market_Research_Report_2023
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Automotive Magnesium Alloy Wheel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Automotive Magnesium Alloy Wheel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Automotive Magnesium Alloy Wheel include Accuride Corporation, ALCAR Wheels GmbH, Automotive Wheels Ltd., Central Motor Wheel of America, Inc., CLN Coils Lamiere Nastri SpA, Klassic Wheels Limited, MAXION Wheels, Steel Strips Group and The Carlstar Group, LLC., etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Automotive Magnesium Alloy Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Magnesium Alloy Wheel.
The Automotive Magnesium Alloy Wheel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Magnesium Alloy Wheel market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Magnesium Alloy Wheel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
16 Inches - 18 Inches
19 Inches - 21 Inches
More than 21 Inches
Segment by Application
Commercial Vehicle
Passenger Vehicle
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-9R14716/global-automotive-magnesium-alloy-wheel
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