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Automotive Wheel Market by Companies, Applications, Growth, Competitors Analysis, New Technology and Forecast to 2024 The Global Automotive Wheel Market is estimated to reach USD 25.2 Billion in 2024 at a CAGR of 4.1%. Increasing demand of light weight wheels, demand for aluminum material in automotive industry and increasing vehicle sales in immerging economies is expected to drive the automotive wheel market during the forecast period. However, high price of carbon fiber wheel are expected to restrain the market during the forecast period. Demand for 3D printed wheels and demand for twopiece wheels is expected to become an opportunity for automotive wheel market.

Automotive wheel is an important part of any automotive machine which rotate and transmits the drive from the axle to the load. Wheels should be strong enough to support the vehicle and with stand the forces caused by normal operation. It can be made from aluminium alloy or magnesium alloy. Alloy wheels are expected to dominate the automotive wheels during the forecast period. The three basic elements of a wheel are hub, spokes and rim. Some key players in automotive wheel are Accuride International Inc., Steel Strips Wheels Limited, Hitachi Metals, Ltd., Borbet Gmbh and Wheelpros LLC among others.

Automotive Wheel Market: Report Synopsis This market research report offers a comprehensive analysis of key market trends in the global automotive wheel market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the the basis of material, the automotive wheel market is segmented into steel, aluminim, alloys, magnesium, carbon fiber and others. Based on wheel size, the automotive wheel market can be segmented into 13 inch – 16 inch, 17 inch – 20 inch and above 21 inch. Based on vehicle type, the automotive wheel market can be segmented into passenger car, light duty vehicle (LDV) and heavy duty vehicle (HDV). Based on vehicle-category, the automotive wheel market can be segmented into economy vehicles, mid-priced vehicles and luxury vehicles. The segmentation by end user includes original equipment manufacturer (OEM) and aftermarket. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.


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Automotive Wheel Market: Report Scope The report on the automotive wheel market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the 360 Degree Camera market include:           

ACCURIDE INTERNATIONAL INC. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) Steel Strips Wheels Limited Hitachi Metals, Ltd. BORBET GmbH WHEELPROS LLC MAXION Wheels MANGELS HRE Wheels RONAL GROUP Vossen Wheels Other Key Companies

Automotive Wheel Market: Report Segmentation For the scope of report, In-depth segmentation is offered by Forencis Research

Automotive Wheel Market by Material      

Steel Aluminium Alloys Magnesium Carbon fibre Others

Automotive Wheel Market by Wheel Size   

13 inch – 16 inch 17 inch – 20 inch Above 21 inch


Automotive Wheel Market by Vehicle Type   

Passenger Car Light Duty Vehicle Heavy Duty Vehicle

Automotive Wheel Market by Vehicle-Category   

Economy Vehicles Mid-Priced Vehicles Luxury Vehicles

Automotive Wheel Market, by End User  

Original Equipment Manufacturer (OEM) Aftermarket

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Automotive Wheel Market by Region     

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report       

What are the major developments impacting the global market and its growth? What will be the effects of the developments in the global market on the industry and on the market players in the near and far future? What are the evolving types of the global market? What are the evolving applications of global market? What are the major characteristics that will affect the global market growth during the study period? Who are the key players operating in the global market? How are the major players leveraging in the existing market conditions?

Report Audience  

Automotive Wheel Market Providers Automotive Wheel Market Solution and Services Suppliers, Distributors and Dealers


     

End-Users of Varied Segments of Automotive wheel System Market Government Bodies and Intellectual Institutions Associations and Industrial Organizations Research & Consulting Service Providers Research & Development Organizations Investment Banks & Private Equity Firms

Research Design Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

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Table of Contents 1

INTRODUCTION

1.1

Research Objectives

1.2

Market Definition

1.3

Research Scope

1.4

Regional Coverage

1.5

Research Timeline

1.6

Assumptions

1.7

Limitations

2

RESEARCH DESIGN & SCOPE

2.1

Introduction

2.2

Primary Research


2.2.1 Key Industry Expert Insight 2.3

Secondary Research 2.3.1 Vital Data from Secondary Sources

2.4

Market Size Estimation

2.5

Data Validation & Triangulation

3

EXECUTIVE SUMMARY

4

MARKET DYNAMICS

4.1

Introduction

4.2

Drivers 4.2.1. Increasing Demand of Light Weight Wheels 4.2.2. Demand for Aluminum Material in Automotive Industry 4.2.3. Increasing Vehicle Sales in Immerging Economies

4.3

Restraints 4.3.1 High Price of Carbon Fiber Wheel

4.4

Opportunities 4.4.1 Demand for 3D Printed Wheels 4.4.2 Demand for Two-Piece Wheels

4.5

Challenges 4.5.1 High Cost of Customization Wheels

5 5.1

INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS Introduction 5.1.1. Power of Buyers 5.1.2. Power of Suppliers 5.1.3. Intensity of Competition 5.1.4. Challenges of Substitutes 5.1.5. Challenges of New Entrants

5.2

Macro-Economic Indicators


6 AUTOMOTIVE WHEEL MARKET BY MATERIAL, Market Size in USD Million and Units (2017— 2024) 6.1

Introduction

6.2

Steel

6.3

Aluminum

6.4

Alloys

6.5

Magnesium

6.6

Carbon fiber

6.7

Others

7 AUTOMOTIVE WHEEL MARKET BY WHEEL SIZE, Market Size in USD Million and Units (2017— 2024) 7.1

Introduction

7.2

13 inch – 16 inch

7.3

17 inch – 20 inch

7.4

Above 21 inch

8 AUTOMOTIVE WHEEL MARKET BY VEHICLE TYPE, Market Size in USD Million and Units (2017— 2024) 8.1

Introduction

8.2

Passenger Car

8.3

Light Duty Vehicle (LDV)

8.4

Heavy Duty Vehicle (HDV)

9 AUTOMOTIVE WHEEL MARKET BY VEHICLE-CATEGORY, Market Size in USD Million and Units (2017—2024) 9.1

Introduction

9.2

Economy Vehicles

9.3

Mid-Priced Vehicles

9.4

Luxury Vehicles

10 AUTOMOTIVE WHEEL MARKET BY END-USER, Market Size in USD Million and Units (2017— 2024)


10.1

Introduction

10.2

Original Equipment Manufacturer (OEM)

10.3

Aftermarket

11 AUTOMOTIVE WHEEL MARKET BY REGION, Market Size in USD Million and Units (2017—2024) 11.1

North America 11.1.1 US 11.1.2 Canada 11.1.3 Mexico

11.2

Europe 11.2.1 Germany 11.2.2 UK 11.2.3 France 11.2.4 Italy 11.2.5 Spain 11.2.6 Rest of Europe

11.3

Asia-Pacific 11.3.1 China 11.3.2 India 11.3.3 Japan 11.3.4 South Korea 11.3.5 Australia 11.3.6 Rest of Asia-Pacific

11.4

Middle East & Africa 11.4.1 Iran 11.4.2 Saudi Arabia 11.4.3 UAE 11.4.4 Rest of Middle East & Africa

11.5

South America 11.5.1 Brazil 11.5.2 Argentina


11.5.3 Rest of South America

12 COMPETITIVE LANDSCAPE 12.1

Introduction

12.2

Market Ranking/Share Analysis of Key Companies

12.3

Company Benchmarking

13 COMPANY PROFILES 13.1

ACCURIDE INTERNATIONAL INC. 13.1.1 Company Overview 13.1.2 Financial Overview 13.1.3 Products/Solutions/Services Offered 13.1.4 Key Developments 13.1.5 SWOT Analysis

13.2

Steel Strips Wheels Limited

13.3

Hitachi Metals, Ltd.

13.4

BORBET GmbH

13.5

WHEELPROS LLC

13.6

MAXION Wheels

13.7

MANGELS

13.8

HRE Wheels

13.9

RONAL GROUP

13.10 Vossen Wheels 13.11 Others

14 APPENDIX 14.1

Key Industry Expert Insights

14.2

Primary Discussion Guide

14.3 Customization Options


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Automotive Wheel Market Competitive Analysis 2019 To 2024  

Global Automotive Wheel Market is estimated to reach USD 25.2 Billion in 2024 at a CAGR of 4.1%. - Forencis Research

Automotive Wheel Market Competitive Analysis 2019 To 2024  

Global Automotive Wheel Market is estimated to reach USD 25.2 Billion in 2024 at a CAGR of 4.1%. - Forencis Research

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