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The aluminum alloy wheel market is forecasted to grow by USD 4.44 billion during 2023-2028, accelerating at a CAGR of 6.28% during the forecast period. The report on the aluminum alloy wheel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of improved emission standards, benefits of aluminum over conventional materials in alloy wheels, and growing demand for lightweight vehicles.
The aluminum alloy wheel market is segmented as below:
By Application
- PC
- CV
By Type
- Polished alloy wheel
- Two toned alloy wheel
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the aluminum alloy wheel market covers the following areas:
- Aluminum alloy wheel market sizing
- Aluminum alloy wheel market forecast
- Aluminum alloy wheel market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aluminum alloy wheel market: Accuride Corp., ALCAR HOLDING GMBH, BORBET GmbH, Capricorn Motors Pvt. Ltd, CITIC Ltd., Enkei Corp., Fuel Off Road Wheels, Howmet Aerospace Inc., Image Wheels International Ltd, Lizhong group, MAXION Wheels, Minda Industries Ltd., RONAL AG, Shanghai Metal Corp., Topy Industries Ltd., Toyota Motor Corp., Wanfeng Group Co. Ltd., Wheel Pros LLC, WIL Car Wheels Ltd., and Zhejiang Yueling Co. Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of carbon fiber alloy wheels."
According to the report, one of the major drivers for this market is the adoption of improved emission standards.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accuride Corp.
- ALCAR HOLDING GMBH
- BORBET GmbH
- Capricorn Motors Pvt. Ltd
- CITIC Ltd.
- Enkei Corp.
- Fuel Off Road Wheels
- Howmet Aerospace Inc.
- Image Wheels International Ltd
- Lizhong group
- MAXION Wheels
- Minda Industries Ltd.
- RONAL AG
- Shanghai Metal Corp.
- Topy Industries Ltd.
- Toyota Motor Corp.
- Wanfeng Group Co. Ltd.
- Wheel Pros LLC
- WIL Car Wheels Ltd.
- Zhejiang Yueling Co. Ltd