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Automotive Wheel-Global Market Insights and Sales Trends 2024
Synopsis
Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
The global Automotive Wheel market size is expected to reach US$ 54280 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Wheel in various end use industries. The expanding demands from the Original Equipment Manufacturer (OEM) and Aftermarket, are propelling Automotive Wheel market. Aluminum Alloy, 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 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 Wheel, 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 Wheel 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 Wheel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Wheel 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 Wheel covered in this report include Iochpe-Maxion, CITIC Dicastal, Hitachi Metals, Steel Strips Wheels, American Eagle Wheels and United Wheels Group, etc.
The global Automotive Wheel 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-Maxion
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
Global Automotive Wheel 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 Wheel market, Segment by Type:
Aluminum Alloy
Steel
Carbon Fiber
Global Automotive Wheel market, by Application
Original Equipment Manufacturer (OEM)
Aftermarket
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 Wheel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Wheel 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.
Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
The global Automotive Wheel market size is expected to reach US$ 54280 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Wheel in various end use industries. The expanding demands from the Original Equipment Manufacturer (OEM) and Aftermarket, are propelling Automotive Wheel market. Aluminum Alloy, 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 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 Wheel, 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 Wheel 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 Wheel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Wheel 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 Wheel covered in this report include Iochpe-Maxion, CITIC Dicastal, Hitachi Metals, Steel Strips Wheels, American Eagle Wheels and United Wheels Group, etc.
The global Automotive Wheel 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-Maxion
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
Global Automotive Wheel 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 Wheel market, Segment by Type:
Aluminum Alloy
Steel
Carbon Fiber
Global Automotive Wheel market, by Application
Original Equipment Manufacturer (OEM)
Aftermarket
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 Wheel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Wheel 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 Automotive Wheel Market Overview
1.1 Automotive Wheel Product Overview
1.2 Automotive Wheel Market Segment by Type
1.2.1 Aluminum Alloy
1.2.2 Steel
1.2.3 Carbon Fiber
1.3 Global Automotive Wheel Market Size by Type
1.3.1 Global Automotive Wheel Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Wheel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Wheel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Wheel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Wheel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Wheel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Wheel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Wheel Sales Breakdown by Type (2018-2023)
2 Global Automotive Wheel Market Competition by Company
2.1 Global Top Players by Automotive Wheel Sales (2018-2023)
2.2 Global Top Players by Automotive Wheel Revenue (2018-2023)
2.3 Global Top Players by Automotive Wheel Price (2018-2023)
2.4 Global Top Manufacturers Automotive Wheel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Wheel Market Competitive Situation and Trends
2.5.1 Automotive Wheel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Wheel 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 Wheel as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Wheel Market
2.8 Key Manufacturers Automotive Wheel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Wheel Status and Outlook by Region
3.1 Global Automotive Wheel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Wheel Historic Market Size by Region
3.2.1 Global Automotive Wheel Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Wheel Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Wheel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Wheel Forecasted Market Size by Region
3.3.1 Global Automotive Wheel Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Wheel Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Wheel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Wheel by Application
4.1 Automotive Wheel Market Segment by Application
4.1.1 Original Equipment Manufacturer (OEM)
4.1.2 Aftermarket
4.2 Global Automotive Wheel Market Size by Application
4.2.1 Global Automotive Wheel Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Wheel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Wheel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Wheel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Wheel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Wheel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Wheel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Wheel Sales Breakdown by Application (2018-2023)
5 North America Automotive Wheel by Country
5.1 North America Automotive Wheel Historic Market Size by Country
5.1.1 North America Automotive Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Wheel Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Wheel Sales in Value by Country (2018-2023)
5.2 North America Automotive Wheel Forecasted Market Size by Country
5.2.1 North America Automotive Wheel Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Wheel Sales in Value by Country (2024-2029)
6 Europe Automotive Wheel by Country
6.1 Europe Automotive Wheel Historic Market Size by Country
6.1.1 Europe Automotive Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Wheel Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Wheel Sales in Value by Country (2018-2023)
6.2 Europe Automotive Wheel Forecasted Market Size by Country
6.2.1 Europe Automotive Wheel Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Wheel Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Wheel by Region
7.1 Asia-Pacific Automotive Wheel Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Wheel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Wheel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Wheel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Wheel Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Wheel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Wheel Sales in Value by Region (2024-2029)
8 Latin America Automotive Wheel by Country
8.1 Latin America Automotive Wheel Historic Market Size by Country
8.1.1 Latin America Automotive Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Wheel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Wheel Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Wheel Forecasted Market Size by Country
8.2.1 Latin America Automotive Wheel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Wheel Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Wheel by Country
9.1 Middle East and Africa Automotive Wheel Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Wheel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Wheel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Wheel Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Wheel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Wheel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Iochpe-Maxion
10.1.1 Iochpe-Maxion Company Information
10.1.2 Iochpe-Maxion Introduction and Business Overview
10.1.3 Iochpe-Maxion Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Iochpe-Maxion Automotive Wheel Products Offered
10.1.5 Iochpe-Maxion Recent Development
10.2 CITIC Dicastal
10.2.1 CITIC Dicastal Company Information
10.2.2 CITIC Dicastal Introduction and Business Overview
10.2.3 CITIC Dicastal Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CITIC Dicastal Automotive Wheel Products Offered
10.2.5 CITIC Dicastal Recent Development
10.3 Hitachi Metals
10.3.1 Hitachi Metals Company Information
10.3.2 Hitachi Metals Introduction and Business Overview
10.3.3 Hitachi Metals Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hitachi Metals Automotive Wheel Products Offered
10.3.5 Hitachi Metals Recent Development
10.4 Steel Strips Wheels
10.4.1 Steel Strips Wheels Company Information
10.4.2 Steel Strips Wheels Introduction and Business Overview
10.4.3 Steel Strips Wheels Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Steel Strips Wheels Automotive Wheel Products Offered
10.4.5 Steel Strips Wheels Recent Development
10.5 American Eagle Wheels
10.5.1 American Eagle Wheels Company Information
10.5.2 American Eagle Wheels Introduction and Business Overview
10.5.3 American Eagle Wheels Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 American Eagle Wheels Automotive Wheel Products Offered
10.5.5 American Eagle Wheels Recent Development
10.6 United Wheels Group
10.6.1 United Wheels Group Company Information
10.6.2 United Wheels Group Introduction and Business Overview
10.6.3 United Wheels Group Automotive Wheel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 United Wheels Group Automotive Wheel Products Offered
10.6.5 United Wheels Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Wheel 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 Wheel Industrial Chain Analysis
11.4 Automotive Wheel Market Dynamics
11.4.1 Automotive Wheel Industry Trends
11.4.2 Automotive Wheel Market Drivers
11.4.3 Automotive Wheel Market Challenges
11.4.4 Automotive Wheel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Wheel Distributors
12.3 Automotive Wheel 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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