Automotive Wheel Market 2024-2030: Evolution of Design and Material Innovations in Vehicle Wheel Manufacturing

An overview of the Automotive Wheel Market:

Maximize Market Research's informative study will take you on a strategic tour through the dynamic world of the Automotive Wheel Market! This research provides a complete market overview and serves as a guiding beacon for strategic planning by diving into the competitive landscape, trade statistics, and important market indicators including life cycle and trends.

Analysis and growth of the Automotive Wheel market:

Automotive Wheel Market Size was valued at US$ 42.31 Bn. in 2023 and the total Automotive Wheel revenue is expected to grow at 5.9% from 2024 to 2030, reaching nearly US$ 63.21 Bn.

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Unlocking market insights:

Gain a thorough grasp of the Automotive Wheel Market size, key players, and trade statistics. Maximise Market Research's study thoroughly examines market segments, sub-segments, and regional insights, providing a comprehensive view of this changing marketplace.

Scope and methodology:

Explore the complexities of the Automotive Wheel market with a thorough examination of trends, projections, and monetary values. Using a bottom-up approach, the research validates market size estimates across multiple segments. It doesn't end there; important players' services, financial state, growth strategies, and regional presence are thoroughly detailed, providing a comprehensive view of the market.

Automotive Wheel Market Dynamics and Factors:

Discover the driving and constraining variables influencing the Automotive Wheel market's growth. The report goes beyond the numbers, employing qualitative and quantitative research approaches such as SWOT, PESTLE, and Porter's Five Forces analysis tools. Examine the micro and macro elements that influence market trends and demand estimates.

Classification of the Automotive Wheel Market

by Rim Size

13"-15"
16"-18"
19"-21"
Above 21"
by Material

Alloy
Steel
Aluminum
Carbon Fiber
Other

By Material, the alloy segment is expected to grow at a CAGR of 4.8% during the forecast period. Alloy wheels are frequently acquired for cosmetic purposes (visible repairs), even though the lesser alloys used are typically not corrosion-resistant. Alloys enable the adoption of appealing bare-metal finishes, which must be sealed with paint or wheel covers.
by Vehicle

Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
by End-User

Original Equipment Manufacturer (OEM)
Aftermarket

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Automotive Wheel Market Location-Based Analysis

Explore a full regional analysis that covers North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Understand the factors that influence market size, growth rates, and import-export dynamics in each region to acquire a full view of the global Automotive Wheel market.

Principal Players in the Automotive Wheel Market Industry

1. MAXION Wheels (Germany)
2. Borbet GmbH (Germany)
3. Uniwheels (Germany)
4. BBS Kraftfahrzeugtechnik AG. (Germany)
5. Thyssenkrupp AG (Germany)
6. CITIC Dicastal Co., Ltd. (China)
7. Zhejiang Wanfeng Auto Wheel (China)
8. LIZHONG WHEEL GROUP (China)
9. Superior Industries International (US)
10. Accuride Corporation (US)
11. MHT Luxury Wheels (US)
12. Status Wheels, Inc. (US)
13. Wheel Pros, LLC (US)
14. Fuel Off-Road Wheels (US)
15. SOTA Offroad (US)
16. Forgiato Wheels (US)
17. KONIG AMERICAN (US)
18. LKQ Corporation (US)
19. HRE Performance Wheels (US)
20. Vossen Wheels (US)
21. ALCOA WHEELS (US)
22. Steel Strips Wheels Ltd. (India)
23. Enkei Wheels India Ltd. (India)
24. Hitachi Metals (Japan)
25. TOPY INDUSTRIES (Japan)
26. Mangels Industrial (Brazil)
27. Ronal AG (Switzerland)
28. CMWheels (UK)
29. Alcar Holding GmbH (Austria)

List of Contents : Automotive Wheel Market

Part 01: Executive Summary

Part 02: Scope of the Automotive Wheel Market Report

Part 03: Automotive Wheel Market Landscape

Part 04: Automotive Wheel Market Sizing

Part 05: Automotive Wheel Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Automotive Wheel Market are:
What is Automotive Wheel ?
What is the growth rate of the Automotive Wheel Market?
Which are the factors expected to drive the Automotive Wheel market growth?
What are the different segments of the Automotive Wheel Market?
What are the factors restraining the growth of the Automotive Wheel Market?
What is the demand pattern of the Automotive Wheel Market?
What major challenges could the Automotive Wheel Market face in the future?
Key Offerings:
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
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
Recommendations

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