Global Automotive Wheel Market Preface
Report Scope and Market Segmentation
Research Highlights
Research Objectives
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.
The sector is seeing a shift where large companies are selling complex services tailored to customers' needs using new technology and digitization, rather than just basic cars or tyres. Three main pillars that have arisen in the development of such solutions incorporated into the current market are autonomy, mobility, and connectivity.
Assumptions and Research Methodology :
Primary Researc
Data from Primary Sources
Breakdown of Primary Sources
The Automotive Wheel market research methodology incorporates both qualitative and quantitative components. Through the use of primary and secondary data sources, the market is thoroughly explored. In order to obtain information on market trends, consumer preferences, and industry difficulties, primary research is carried out by gathering data through surveys, interviews, and focus groups with important stakeholders, including makers of Automotive Wheel, industry experts, and end users.
Today, the tyre industry is categorised as volatile due to its close ties to the automobile industry as well as other factors including raw material supply and pricing volatility. In addition to manufacturing and financial limitations, businesses in this industry also have to contend with a significant influx of new Asian competitors, particularly China.
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Automotive Wheel Market Regional Insights
In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Automotive Wheel market conditions in various nations thanks to the research's regional analysis. The Automotive Wheel market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.
Automotive Wheel Market Segmentation
by Rim Size
13"-15"
16"-18"
19"-21"
Above 21"
by Material
Alloy
Steel
Aluminum
Carbon Fiber
Other
According to Material, throughout the projection period, the alloy segment is anticipated to rise 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.
by Vehicle
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
While 18- and 19-inch wheels are more popular in the US market, 16- and 17-inch wheels are standard on top-selling passenger cars in Europe. Given the current low level of competition, the ongoing premiumization trend in India will provide a strong boost to alloy wheel firms as well as a substantial potential for foreign producers.
by End-User
Original Equipment Manufacturer (OEM)
Aftermarket
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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)
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List of Contents : Automotive Wheel Market
Part 01: Executive Summary
Part 02: Scope of the Automotive Wheel Market Report
Part 03: Automotive Wheel Market Landscape
Part 04: Automotive Wheel Market Sizing
Part 05: Automotive Wheel Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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