Automotive Wheel Market Strategic Analysis and Forecast: 2024-2030

Comments ยท 34 Views

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

The total global market for the Automotive Wheel Market The report analysed by Maximize Market Research, on the Automotive Wheel market, covers an extensive regional analysis and competitive landscape.

Discover detailed insights by accessing the sample through the provided link @

https://www.maximizemarketresearch.com/request-sample/11013/

Automotive Wheel Market Report Scope and Research Methodology

The Market Report on Automotive Wheel provides a detailed view of its scope and research methodology. It includes both qualitative and quantitative assessments, examining market dynamics, trends, motivating factors, difficulties, and chances for growth. The research approach integrates primary and secondary research methods, including interviews with industry specialists, market surveys, and data analysis from reputable sources. This method guarantees a comprehensive analysis of the Automotive Wheel market, delivering valuable information to stakeholders.

Regional analysis of the Automotive Wheel market conducted at local, regional and global levels. The report also provides information on the emerging regions that are expected to be major markets for the Automotive Wheel market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Automotive Wheel market.  SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Automotive Wheel Market.

Access a sample report for comprehensive details through the link : @

https://www.maximizemarketresearch.com/request-sample/11013/

Automotive Wheel Market Regional Insights

Regional analysis is conducted to assess the status of the Automotive Wheel market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Automotive Wheel market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

Automotive Wheel Market Segmentation

by Rim Size

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

Alloy
Steel
Aluminum
Carbon Fiber
Other

Over the course of the projection period, the alloy segment is anticipated to increase at a CAGR of 4.8%. Alloy wheels are sometimes purchased for aesthetic reasons (visible repairs), despite the fact that the poorer alloys are usually not resistant to corrosion. Adopting attractive bare-metal finishes—which need to be protected with paint or wheel covers—is made possible by alloys. The wheels in use may rust after three to five years even if they are adequately covered, although refurbishing is now commonly accessible at a cost. If appropriate safety procedures are not taken, alloy wheels' propensity for galvanic corrosion may result in tire air leakage. Additionally, alloy wheels are more difficult to repair when bent than steel wheels, but overall, repairs are less expensive than replacements due to their higher price.
by Vehicle

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

Original Equipment Manufacturer (OEM)
Aftermarket

Click here to request access to a sample for detailed information : @

https://www.maximizemarketresearch.com/request-sample/11013/

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 the Automotive Wheel Market are:

  • What is Automotive Wheel?
  • What was the Automotive Wheel market size in 2023?
  • 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 growth strategies are the players considering to increase their presence in Automotive Wheel?
  • What are the upcoming industry applications and trends for the Automotive Wheel Market?
  • What segments are covered in 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?

Discover more by downloading the sample document through this link : @

https://www.maximizemarketresearch.com/market-report/automotive-wheel-market/11013/

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • 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.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

 

Comments