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The alloy wheels aftermarket market is forecasted to grow by USD 680.4 million during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the alloy wheels aftermarket 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 aging vehicle fleet, growing predisposition among millennials for styling of automotive exterior, and increasing demand for alloy wheels in luxury vehicle segment.
The alloy wheels aftermarket market is segmented as below:
By Type
- 13-17 inches
- 18-20 inches
- 21 inches and above
By Vehicle Type
- Passenger vehicle
- Commercial vehicle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the alloy wheels aftermarket market covers the following areas:
- Alloy wheels aftermarket market sizing
- Alloy wheels aftermarket market forecast
- Alloy wheels aftermarket 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 research - both primary and secondary. 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 the 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 Type
7 Market Segmentation by Vehicle 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 alloy wheels aftermarket market: ALCAR HOLDING GMBH, BORBET GmbH, ENKEI WHEELS INDIA Ltd., Forgiato, Howmet Aerospace Inc., Lenso Wheels, LKQ Corp., Neo Wheels Ltd., RONAL AG, Steel Strips Wheels Limited, The Carlstar Group LLC, Wheel Pros LLC, and YHI INTERNATIONAL Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advancement."
According to the report, one of the major drivers for this market is the aging vehicle fleet.
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:
- ALCAR HOLDING GMBH
- BORBET GmbH
- ENKEI WHEELS INDIA Ltd.
- Forgiato
- Howmet Aerospace Inc.
- Lenso Wheels
- LKQ Corp.
- Neo Wheels Ltd.
- RONAL AG
- Steel Strips Wheels Limited
- The Carlstar Group LLC
- Wheel Pros LLC
- YHI INTERNATIONAL Ltd.