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Automotive Steel Wheels Market Insights and Sales Trends 2024

Automotive Steel Wheels Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1846191

No of Pages : 90

Synopsis

Automotive steel wheels are circular shaped rims on which the tires are mounted. They are responsible for enabling mobility of an automobile and to carry the weight of the vehicle. From conventional cast-iron wheels to high-performance carbon fiber alloys, automotive wheels have evolved significantly in terms of the materials used to manufacture them.

The global Automotive Steel 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 Automotive Steel Wheels in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Steel Wheels market. Cast Iron, 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 Alloy Steel 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 Automotive Steel 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 Automotive Steel 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 Automotive Steel Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steel 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 Automotive Steel Wheels covered in this report include IOCHPE, TOPY INDUSTRIES, Accuride, ALCAR HOLDING, Steel Strips Wheel, Fastco Canada, Alcar Holding, Bharat Wheel and Maxion Wheels, etc.

The global Automotive Steel 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:

  • IOCHPE
  • TOPY INDUSTRIES
  • Accuride
  • ALCAR HOLDING
  • Steel Strips Wheel
  • Fastco Canada
  • Alcar Holding
  • Bharat Wheel
  • Maxion Wheels

Global Automotive Steel 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 Automotive Steel Wheels market, Segment by Type:

  • Cast Iron
  • Alloy Steel
  • Others

Global Automotive Steel 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 Automotive Steel Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Steel 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.

Index

1 Automotive Steel Wheels Market Overview
1.1 Automotive Steel Wheels Product Overview
1.2 Automotive Steel Wheels Market Segment by Type
1.2.1 Cast Iron
1.2.2 Alloy Steel
1.2.3 Others
1.3 Global Automotive Steel Wheels Market Size by Type
1.3.1 Global Automotive Steel Wheels Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Steel Wheels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Steel Wheels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Steel Wheels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Steel Wheels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Steel Wheels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Steel Wheels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Steel Wheels Sales Breakdown by Type (2018-2023)
2 Global Automotive Steel Wheels Market Competition by Company
2.1 Global Top Players by Automotive Steel Wheels Sales (2018-2023)
2.2 Global Top Players by Automotive Steel Wheels Revenue (2018-2023)
2.3 Global Top Players by Automotive Steel Wheels Price (2018-2023)
2.4 Global Top Manufacturers Automotive Steel Wheels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Steel Wheels Market Competitive Situation and Trends
2.5.1 Automotive Steel Wheels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Steel 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 Automotive Steel Wheels as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Steel Wheels Market
2.8 Key Manufacturers Automotive Steel Wheels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Steel Wheels Status and Outlook by Region
3.1 Global Automotive Steel Wheels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Steel Wheels Historic Market Size by Region
3.2.1 Global Automotive Steel Wheels Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Steel Wheels Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Steel Wheels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Steel Wheels Forecasted Market Size by Region
3.3.1 Global Automotive Steel Wheels Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Steel Wheels Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Steel Wheels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Steel Wheels by Application
4.1 Automotive Steel Wheels Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Commercial Vehicles
4.2 Global Automotive Steel Wheels Market Size by Application
4.2.1 Global Automotive Steel Wheels Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Steel Wheels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Steel Wheels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Steel Wheels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Steel Wheels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Steel Wheels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Steel Wheels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Steel Wheels Sales Breakdown by Application (2018-2023)
5 North America Automotive Steel Wheels by Country
5.1 North America Automotive Steel Wheels Historic Market Size by Country
5.1.1 North America Automotive Steel Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Steel Wheels Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Steel Wheels Sales in Value by Country (2018-2023)
5.2 North America Automotive Steel Wheels Forecasted Market Size by Country
5.2.1 North America Automotive Steel Wheels Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Steel Wheels Sales in Value by Country (2024-2029)
6 Europe Automotive Steel Wheels by Country
6.1 Europe Automotive Steel Wheels Historic Market Size by Country
6.1.1 Europe Automotive Steel Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Steel Wheels Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Steel Wheels Sales in Value by Country (2018-2023)
6.2 Europe Automotive Steel Wheels Forecasted Market Size by Country
6.2.1 Europe Automotive Steel Wheels Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Steel Wheels Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Steel Wheels by Region
7.1 Asia-Pacific Automotive Steel Wheels Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Steel Wheels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Steel Wheels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Steel Wheels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Steel Wheels Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Steel Wheels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Steel Wheels Sales in Value by Region (2024-2029)
8 Latin America Automotive Steel Wheels by Country
8.1 Latin America Automotive Steel Wheels Historic Market Size by Country
8.1.1 Latin America Automotive Steel Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Steel Wheels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Steel Wheels Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Steel Wheels Forecasted Market Size by Country
8.2.1 Latin America Automotive Steel Wheels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Steel Wheels Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Steel Wheels by Country
9.1 Middle East and Africa Automotive Steel Wheels Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Steel Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Steel Wheels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Steel Wheels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Steel Wheels Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Steel Wheels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Steel Wheels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 IOCHPE
10.1.1 IOCHPE Company Information
10.1.2 IOCHPE Introduction and Business Overview
10.1.3 IOCHPE Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 IOCHPE Automotive Steel Wheels Products Offered
10.1.5 IOCHPE Recent Development
10.2 TOPY INDUSTRIES
10.2.1 TOPY INDUSTRIES Company Information
10.2.2 TOPY INDUSTRIES Introduction and Business Overview
10.2.3 TOPY INDUSTRIES Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 TOPY INDUSTRIES Automotive Steel Wheels Products Offered
10.2.5 TOPY INDUSTRIES Recent Development
10.3 Accuride
10.3.1 Accuride Company Information
10.3.2 Accuride Introduction and Business Overview
10.3.3 Accuride Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Accuride Automotive Steel Wheels Products Offered
10.3.5 Accuride Recent Development
10.4 ALCAR HOLDING
10.4.1 ALCAR HOLDING Company Information
10.4.2 ALCAR HOLDING Introduction and Business Overview
10.4.3 ALCAR HOLDING Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ALCAR HOLDING Automotive Steel Wheels Products Offered
10.4.5 ALCAR HOLDING Recent Development
10.5 Steel Strips Wheel
10.5.1 Steel Strips Wheel Company Information
10.5.2 Steel Strips Wheel Introduction and Business Overview
10.5.3 Steel Strips Wheel Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Steel Strips Wheel Automotive Steel Wheels Products Offered
10.5.5 Steel Strips Wheel Recent Development
10.6 Fastco Canada
10.6.1 Fastco Canada Company Information
10.6.2 Fastco Canada Introduction and Business Overview
10.6.3 Fastco Canada Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fastco Canada Automotive Steel Wheels Products Offered
10.6.5 Fastco Canada Recent Development
10.7 Alcar Holding
10.7.1 Alcar Holding Company Information
10.7.2 Alcar Holding Introduction and Business Overview
10.7.3 Alcar Holding Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Alcar Holding Automotive Steel Wheels Products Offered
10.7.5 Alcar Holding Recent Development
10.8 Bharat Wheel
10.8.1 Bharat Wheel Company Information
10.8.2 Bharat Wheel Introduction and Business Overview
10.8.3 Bharat Wheel Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bharat Wheel Automotive Steel Wheels Products Offered
10.8.5 Bharat Wheel Recent Development
10.9 Maxion Wheels
10.9.1 Maxion Wheels Company Information
10.9.2 Maxion Wheels Introduction and Business Overview
10.9.3 Maxion Wheels Automotive Steel Wheels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Maxion Wheels Automotive Steel Wheels Products Offered
10.9.5 Maxion Wheels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Steel 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 Automotive Steel Wheels Industrial Chain Analysis
11.4 Automotive Steel Wheels Market Dynamics
11.4.1 Automotive Steel Wheels Industry Trends
11.4.2 Automotive Steel Wheels Market Drivers
11.4.3 Automotive Steel Wheels Market Challenges
11.4.4 Automotive Steel Wheels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Steel Wheels Distributors
12.3 Automotive Steel 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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