Automotive alloy wheels are made from either an alloy of magnesium or aluminum or a mixture of both. Automotive alloy wheels are light weight wheels which improve the steering and speed of a car. Since aluminum or magnesium alloy is a good conductor of heat, automotive alloy wheels decrease heat dissipation from brakes and reduce the risk of brake failure under extreme driving conditions. Automotive alloy wheels have complex geometry and satisfy the manifold design criteria, such as weight, style, performance and manufacturability.
Increasing demand for light weight and corrosion resistant alloy wheels is increasing due to changing weather conditions, which is a key factor boosting the growth of the automotive alloy wheel market. Automotive alloy wheels support tubeless tires and also offer better grip on brakes. These are some of the benefits that are likely to increase the demand for automotive alloy wheels, which in turn, will accelerate the growth of the automotive alloy wheel market in the upcoming years. The nominal reduction in fuel consumption and precise steering handling are some of the other important factors that will drive the growth of the automotive alloy wheel market.
The demand for vehicles fitted with wheels made from heavy metal is increasing in cold countries as these wheels successfully offer resistance to skidding during snow or hail. This factor is estimated to hamper the growth of the automotive alloy wheel market in the upcoming years.
Global Automobile Alloy Wheels market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automobile Alloy Wheels.
This industry study presents the global Automobile Alloy Wheels market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automobile Alloy Wheels production, revenue and market share by manufacturers, key regions and type;
The consumption of Automobile Alloy Wheels in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Borbet, Enkei, etc.
The following manufacturers are covered in this report:
Borbet
Enkei
Ronal Group
Arconic
CITIC Dicastal
Maxion Wheels
UniwheelS Group
Automobile Alloy Wheels Breakdown Data by Type
Aluminum
Magnesium
Carbon Fiber
Automobile Alloy Wheels Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Automobile Alloy Wheels Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automobile Alloy Wheels Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automobile Alloy Wheels status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automobile Alloy Wheels manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automobile Alloy Wheels :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automobile Alloy Wheels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automobile Alloy Wheels . Industry analysis & Market Report on Automobile Alloy Wheels is a syndicated market report, published as Global Automobile Alloy Wheels Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automobile Alloy Wheels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.