Economic Impact of Lightweight Materials in the Automotive Wheel Market

Automotive Wheel Market 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.

Automotive Wheel Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Automotive Wheel Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Automotive Wheel market, with forecasts outspreading to the year 2030.

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Automotive Wheel Market Scope and Methodology:

The analysis provided in the report of the Global Automotive Wheel Market is comprehensive. In addition to information on present and future market trends, it offers a summary of the main regional markets and their development prospects.The Automotive Wheel report thoroughly examines key market forces, limitations, vendor opportunities and challenges, and the competitive landscape to help stakeholders make optimal decisions for maximizing profits. In addition to pricing information, key competitors, and geographical study, the Automotive Wheel market research also includes global regions and countries, detailing their growth stage, market size, volume, and worth.

Automotive Wheel Market Regional Insights

The Automotive Wheel report was divided into various significant regions. Included are areas like North America (comprising the United States, Canada, Mexico), Europe (including the United Kingdom, Germany, France, Spain, Italy, and other European countries), Asia Pacific (encompassing China, India, Japan, Australia, South Korea, ASEAN nations), South America (specifically Brazil), and the Middle East and Africa.

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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

Automotive Wheel Market Key Players

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)

Key questions answered in theAutomotive Wheel Market is:

  • What is Automotive Wheel ?
  • What was the Automotive Wheel market size in 2024?
  • What is the growth rate of the Automotive Wheel Market?
  • Which are the factors expected to drive the Automotive Wheel market growth?
  • What is the CAGR at which the Automotive Wheel market will grow during the forecast period?
  • What are the different segments of the Automotive Wheel Market?
  • Which is the fastest-growing region in the Automotive Wheel market?
  • What growth strategies are the players considering to increase their presence in Automotive Wheel ?
  • What are the upcoming opportunities and trends for the Automotive Wheel Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Wheel Market?
  • Who are the leading companies and what are their portfolios in Automotive Wheel Market?
  • What segments are covered in the Automotive Wheel Market?
  • Who are the key players in the Automotive Wheel market?

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2024 to 2030)
  • Past Pricing and price curve by region (2024 to 2030)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • 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

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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