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Automobile Alloy Wheels-Global Market Insights and Sales Trends 2024
Synopsis
Automotive alloy wheels are made from either an alloy of magnesium or aluminum or a mixture of both. Automotive alloy wheels are light weight wheels which improve the steering and speed of a car. Since aluminum or magnesium alloy is a good conductor of heat, automotive alloy wheels decrease heat dissipation from brakes and reduce the risk of brake failure under extreme driving conditions. Automotive alloy wheels have complex geometry and satisfy the manifold design criteria, such as weight, style, performance and manufacturability.
The global Automobile Alloy Wheels market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automobile Alloy Wheels in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automobile Alloy Wheels market. Aluminum, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automobile Alloy Wheels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automobile Alloy Wheels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automobile Alloy Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automobile Alloy Wheels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automobile Alloy Wheels covered in this report include Borbet, Enkei, Ronal Group, Arconic, CITIC Dicastal, Maxion Wheels and UniwheelS Group, etc.
The global Automobile Alloy Wheels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Borbet
Enkei
Ronal Group
Arconic
CITIC Dicastal
Maxion Wheels
UniwheelS Group
Global Automobile Alloy Wheels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automobile Alloy Wheels market, Segment by Type:
Aluminum
Magnesium
Carbon Fiber
Global Automobile Alloy Wheels market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automobile Alloy Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automobile Alloy Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive alloy wheels are made from either an alloy of magnesium or aluminum or a mixture of both. Automotive alloy wheels are light weight wheels which improve the steering and speed of a car. Since aluminum or magnesium alloy is a good conductor of heat, automotive alloy wheels decrease heat dissipation from brakes and reduce the risk of brake failure under extreme driving conditions. Automotive alloy wheels have complex geometry and satisfy the manifold design criteria, such as weight, style, performance and manufacturability.
The global Automobile Alloy Wheels market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automobile Alloy Wheels in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automobile Alloy Wheels market. Aluminum, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automobile Alloy Wheels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automobile Alloy Wheels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automobile Alloy Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automobile Alloy Wheels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automobile Alloy Wheels covered in this report include Borbet, Enkei, Ronal Group, Arconic, CITIC Dicastal, Maxion Wheels and UniwheelS Group, etc.
The global Automobile Alloy Wheels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Borbet
Enkei
Ronal Group
Arconic
CITIC Dicastal
Maxion Wheels
UniwheelS Group
Global Automobile Alloy Wheels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automobile Alloy Wheels market, Segment by Type:
Aluminum
Magnesium
Carbon Fiber
Global Automobile Alloy Wheels market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automobile Alloy Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automobile Alloy Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automobile Alloy Wheels Market Overview
1.1 Automobile Alloy Wheels Product Overview
1.2 Automobile Alloy Wheels Market Segment by Type
1.2.1 Aluminum
1.2.2 Magnesium
1.2.3 Carbon Fiber
1.3 Global Automobile Alloy Wheels Market Size by Type
1.3.1 Global Automobile Alloy Wheels Market Size Overview by Type (2018-2029)
1.3.2 Global Automobile Alloy Wheels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automobile Alloy Wheels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automobile Alloy Wheels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automobile Alloy Wheels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automobile Alloy Wheels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automobile Alloy Wheels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automobile Alloy Wheels Sales Breakdown by Type (2018-2023)
2 Global Automobile Alloy Wheels Market Competition by Company
2.1 Global Top Players by Automobile Alloy Wheels Sales (2018-2023)
2.2 Global Top Players by Automobile Alloy Wheels Revenue (2018-2023)
2.3 Global Top Players by Automobile Alloy Wheels Price (2018-2023)
2.4 Global Top Manufacturers Automobile Alloy Wheels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automobile Alloy Wheels Market Competitive Situation and Trends
2.5.1 Automobile Alloy Wheels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automobile Alloy Wheels Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automobile Alloy Wheels as of 2022)
2.7 Date of Key Manufacturers Enter into Automobile Alloy Wheels Market
2.8 Key Manufacturers Automobile Alloy Wheels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automobile Alloy Wheels Status and Outlook by Region
3.1 Global Automobile Alloy Wheels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automobile Alloy Wheels Historic Market Size by Region
3.2.1 Global Automobile Alloy Wheels Sales in Volume by Region (2018-2023)
3.2.2 Global Automobile Alloy Wheels Sales in Value by Region (2018-2023)
3.2.3 Global Automobile Alloy Wheels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automobile Alloy Wheels Forecasted Market Size by Region
3.3.1 Global Automobile Alloy Wheels Sales in Volume by Region (2024-2029)
3.3.2 Global Automobile Alloy Wheels Sales in Value by Region (2024-2029)
3.3.3 Global Automobile Alloy Wheels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automobile Alloy Wheels by Application
4.1 Automobile Alloy Wheels Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Commercial Vehicles
4.2 Global Automobile Alloy Wheels Market Size by Application
4.2.1 Global Automobile Alloy Wheels Market Size Overview by Application (2018-2029)
4.2.2 Global Automobile Alloy Wheels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automobile Alloy Wheels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automobile Alloy Wheels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automobile Alloy Wheels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automobile Alloy Wheels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automobile Alloy Wheels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automobile Alloy Wheels Sales Breakdown by Application (2018-2023)
5 North America Automobile Alloy Wheels by Country
5.1 North America Automobile Alloy Wheels Historic Market Size by Country
5.1.1 North America Automobile Alloy Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automobile Alloy Wheels Sales in Volume by Country (2018-2023)
5.1.3 North America Automobile Alloy Wheels Sales in Value by Country (2018-2023)
5.2 North America Automobile Alloy Wheels Forecasted Market Size by Country
5.2.1 North America Automobile Alloy Wheels Sales in Volume by Country (2024-2029)
5.2.2 North America Automobile Alloy Wheels Sales in Value by Country (2024-2029)
6 Europe Automobile Alloy Wheels by Country
6.1 Europe Automobile Alloy Wheels Historic Market Size by Country
6.1.1 Europe Automobile Alloy Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automobile Alloy Wheels Sales in Volume by Country (2018-2023)
6.1.3 Europe Automobile Alloy Wheels Sales in Value by Country (2018-2023)
6.2 Europe Automobile Alloy Wheels Forecasted Market Size by Country
6.2.1 Europe Automobile Alloy Wheels Sales in Volume by Country (2024-2029)
6.2.2 Europe Automobile Alloy Wheels Sales in Value by Country (2024-2029)
7 Asia-Pacific Automobile Alloy Wheels by Region
7.1 Asia-Pacific Automobile Alloy Wheels Historic Market Size by Region
7.1.1 Asia-Pacific Automobile Alloy Wheels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automobile Alloy Wheels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automobile Alloy Wheels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automobile Alloy Wheels Forecasted Market Size by Region
7.2.1 Asia-Pacific Automobile Alloy Wheels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automobile Alloy Wheels Sales in Value by Region (2024-2029)
8 Latin America Automobile Alloy Wheels by Country
8.1 Latin America Automobile Alloy Wheels Historic Market Size by Country
8.1.1 Latin America Automobile Alloy Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automobile Alloy Wheels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automobile Alloy Wheels Sales in Value by Country (2018-2023)
8.2 Latin America Automobile Alloy Wheels Forecasted Market Size by Country
8.2.1 Latin America Automobile Alloy Wheels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automobile Alloy Wheels Sales in Value by Country (2024-2029)
9 Middle East and Africa Automobile Alloy Wheels by Country
9.1 Middle East and Africa Automobile Alloy Wheels Historic Market Size by Country
9.1.1 Middle East and Africa Automobile Alloy Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automobile Alloy Wheels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automobile Alloy Wheels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automobile Alloy Wheels Forecasted Market Size by Country
9.2.1 Middle East and Africa Automobile Alloy Wheels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automobile Alloy Wheels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Borbet
10.1.1 Borbet Company Information
10.1.2 Borbet Introduction and Business Overview
10.1.3 Borbet Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Borbet Automobile Alloy Wheels Products Offered
10.1.5 Borbet Recent Development
10.2 Enkei
10.2.1 Enkei Company Information
10.2.2 Enkei Introduction and Business Overview
10.2.3 Enkei Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Enkei Automobile Alloy Wheels Products Offered
10.2.5 Enkei Recent Development
10.3 Ronal Group
10.3.1 Ronal Group Company Information
10.3.2 Ronal Group Introduction and Business Overview
10.3.3 Ronal Group Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ronal Group Automobile Alloy Wheels Products Offered
10.3.5 Ronal Group Recent Development
10.4 Arconic
10.4.1 Arconic Company Information
10.4.2 Arconic Introduction and Business Overview
10.4.3 Arconic Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Arconic Automobile Alloy Wheels Products Offered
10.4.5 Arconic Recent Development
10.5 CITIC Dicastal
10.5.1 CITIC Dicastal Company Information
10.5.2 CITIC Dicastal Introduction and Business Overview
10.5.3 CITIC Dicastal Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CITIC Dicastal Automobile Alloy Wheels Products Offered
10.5.5 CITIC Dicastal Recent Development
10.6 Maxion Wheels
10.6.1 Maxion Wheels Company Information
10.6.2 Maxion Wheels Introduction and Business Overview
10.6.3 Maxion Wheels Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Maxion Wheels Automobile Alloy Wheels Products Offered
10.6.5 Maxion Wheels Recent Development
10.7 UniwheelS Group
10.7.1 UniwheelS Group Company Information
10.7.2 UniwheelS Group Introduction and Business Overview
10.7.3 UniwheelS Group Automobile Alloy Wheels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 UniwheelS Group Automobile Alloy Wheels Products Offered
10.7.5 UniwheelS Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automobile Alloy Wheels Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automobile Alloy Wheels Industrial Chain Analysis
11.4 Automobile Alloy Wheels Market Dynamics
11.4.1 Automobile Alloy Wheels Industry Trends
11.4.2 Automobile Alloy Wheels Market Drivers
11.4.3 Automobile Alloy Wheels Market Challenges
11.4.4 Automobile Alloy Wheels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automobile Alloy Wheels Distributors
12.3 Automobile Alloy Wheels Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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