Magnesium Wheels are wheels manufactured from alloys which contain mostly magnesium.
Magnesium Wheels are produced either by casting (metalworking) (where molten metal is introduced into a mold, solidifying within the mold), or by forging (where a prefabricated bar is deformed mechanically). Magnesium has several key properties that make it an attractive base metal for wheels: lightness; a high damping capacity; and a high specific strength. Magnesium is the lightest metallic structural material available.It is 1.5 times less dense than aluminium, so magnesium wheels can be designed to be significantly lighter than aluminium alloy wheels, while exhibiting comparable strength.
In 2019, the market size of Magnesium Wheel is 22700 million US$ and it will reach 27700 million US$ in 2025, growing at a CAGR of 2.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magnesium Wheel.
This report studies the global market size of Magnesium Wheel, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Magnesium Wheel production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
SMW Engineering
MKW Alloy
BBS USA
PVM Brakes & Wheels Mannheim
APP Tech
Enkei Corporation
Marvic Wheels
Marchesini
OZ Group
Tan-ei-sya
Minilite
Washi Beam
Cromodora Wheels
Market Segment by Product Type
Cast
Forged
Market Segment by Application
OEM
Aftermarket
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Magnesium Wheel status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Magnesium Wheel manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 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 Magnesium Wheel are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Magnesium Wheel . Industry analysis & Market Report on Magnesium Wheel is a syndicated market report, published as Global (United States, European Union and China) Magnesium Wheel Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Magnesium Wheel market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.