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Light Vehicle Steel Wheel-Global Market Insights and Sales Trends 2024
Synopsis
Steel wheel is a wheel mainly made of steel, which has high strength, rigidity and durability. It can meet the needs of cars in high-speed driving and complex road conditions.
The global Light Vehicle Steel Wheel market size is expected to reach US$ 2007.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Light Vehicle Steel Wheel in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Light Vehicle Steel Wheel market. Casting, 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 Forging 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 Light Vehicle Steel 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 Light Vehicle Steel 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 Light Vehicle Steel Wheel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light Vehicle Steel 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 Light Vehicle Steel Wheel covered in this report include Iochpe-Maxion, Topy Group, Accuride, Zhengxing Group, Enkei Wheels, Jinfei Kaida Wheel Co.,LTD, Zhongnan Wheel, Sunrise Wheel and Yueling Wheels, etc.
The global Light Vehicle Steel 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
Topy Group
Accuride
Zhengxing Group
Enkei Wheels
Jinfei Kaida Wheel Co.,LTD
Zhongnan Wheel
Sunrise Wheel
Yueling Wheels
Global Light Vehicle Steel 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 Light Vehicle Steel Wheel market, Segment by Type:
Casting
Forging
Other
Global Light Vehicle Steel Wheel market, by Application
Passenger Vehicle
Commercial Vehicle
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 Light Vehicle Steel Wheel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Light Vehicle Steel 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.
Steel wheel is a wheel mainly made of steel, which has high strength, rigidity and durability. It can meet the needs of cars in high-speed driving and complex road conditions.
The global Light Vehicle Steel Wheel market size is expected to reach US$ 2007.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Light Vehicle Steel Wheel in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Light Vehicle Steel Wheel market. Casting, 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 Forging 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 Light Vehicle Steel 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 Light Vehicle Steel 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 Light Vehicle Steel Wheel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light Vehicle Steel 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 Light Vehicle Steel Wheel covered in this report include Iochpe-Maxion, Topy Group, Accuride, Zhengxing Group, Enkei Wheels, Jinfei Kaida Wheel Co.,LTD, Zhongnan Wheel, Sunrise Wheel and Yueling Wheels, etc.
The global Light Vehicle Steel 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
Topy Group
Accuride
Zhengxing Group
Enkei Wheels
Jinfei Kaida Wheel Co.,LTD
Zhongnan Wheel
Sunrise Wheel
Yueling Wheels
Global Light Vehicle Steel 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 Light Vehicle Steel Wheel market, Segment by Type:
Casting
Forging
Other
Global Light Vehicle Steel Wheel market, by Application
Passenger Vehicle
Commercial Vehicle
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 Light Vehicle Steel Wheel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Light Vehicle Steel 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 Light Vehicle Steel Wheel Market Overview
1.1 Light Vehicle Steel Wheel Product Overview
1.2 Light Vehicle Steel Wheel Market Segment by Type
1.2.1 Casting
1.2.2 Forging
1.2.3 Other
1.3 Global Light Vehicle Steel Wheel Market Size by Type
1.3.1 Global Light Vehicle Steel Wheel Market Size Overview by Type (2018-2029)
1.3.2 Global Light Vehicle Steel Wheel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Light Vehicle Steel Wheel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Light Vehicle Steel Wheel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Light Vehicle Steel Wheel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Light Vehicle Steel Wheel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Light Vehicle Steel Wheel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Light Vehicle Steel Wheel Sales Breakdown by Type (2018-2023)
2 Global Light Vehicle Steel Wheel Market Competition by Company
2.1 Global Top Players by Light Vehicle Steel Wheel Sales (2018-2023)
2.2 Global Top Players by Light Vehicle Steel Wheel Revenue (2018-2023)
2.3 Global Top Players by Light Vehicle Steel Wheel Price (2018-2023)
2.4 Global Top Manufacturers Light Vehicle Steel Wheel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Light Vehicle Steel Wheel Market Competitive Situation and Trends
2.5.1 Light Vehicle Steel Wheel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Light Vehicle Steel 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 Light Vehicle Steel Wheel as of 2022)
2.7 Date of Key Manufacturers Enter into Light Vehicle Steel Wheel Market
2.8 Key Manufacturers Light Vehicle Steel Wheel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Light Vehicle Steel Wheel Status and Outlook by Region
3.1 Global Light Vehicle Steel Wheel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Light Vehicle Steel Wheel Historic Market Size by Region
3.2.1 Global Light Vehicle Steel Wheel Sales in Volume by Region (2018-2023)
3.2.2 Global Light Vehicle Steel Wheel Sales in Value by Region (2018-2023)
3.2.3 Global Light Vehicle Steel Wheel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Light Vehicle Steel Wheel Forecasted Market Size by Region
3.3.1 Global Light Vehicle Steel Wheel Sales in Volume by Region (2024-2029)
3.3.2 Global Light Vehicle Steel Wheel Sales in Value by Region (2024-2029)
3.3.3 Global Light Vehicle Steel Wheel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Light Vehicle Steel Wheel by Application
4.1 Light Vehicle Steel Wheel Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Light Vehicle Steel Wheel Market Size by Application
4.2.1 Global Light Vehicle Steel Wheel Market Size Overview by Application (2018-2029)
4.2.2 Global Light Vehicle Steel Wheel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Light Vehicle Steel Wheel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Light Vehicle Steel Wheel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Light Vehicle Steel Wheel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Light Vehicle Steel Wheel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Light Vehicle Steel Wheel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Light Vehicle Steel Wheel Sales Breakdown by Application (2018-2023)
5 North America Light Vehicle Steel Wheel by Country
5.1 North America Light Vehicle Steel Wheel Historic Market Size by Country
5.1.1 North America Light Vehicle Steel Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Light Vehicle Steel Wheel Sales in Volume by Country (2018-2023)
5.1.3 North America Light Vehicle Steel Wheel Sales in Value by Country (2018-2023)
5.2 North America Light Vehicle Steel Wheel Forecasted Market Size by Country
5.2.1 North America Light Vehicle Steel Wheel Sales in Volume by Country (2024-2029)
5.2.2 North America Light Vehicle Steel Wheel Sales in Value by Country (2024-2029)
6 Europe Light Vehicle Steel Wheel by Country
6.1 Europe Light Vehicle Steel Wheel Historic Market Size by Country
6.1.1 Europe Light Vehicle Steel Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Light Vehicle Steel Wheel Sales in Volume by Country (2018-2023)
6.1.3 Europe Light Vehicle Steel Wheel Sales in Value by Country (2018-2023)
6.2 Europe Light Vehicle Steel Wheel Forecasted Market Size by Country
6.2.1 Europe Light Vehicle Steel Wheel Sales in Volume by Country (2024-2029)
6.2.2 Europe Light Vehicle Steel Wheel Sales in Value by Country (2024-2029)
7 Asia-Pacific Light Vehicle Steel Wheel by Region
7.1 Asia-Pacific Light Vehicle Steel Wheel Historic Market Size by Region
7.1.1 Asia-Pacific Light Vehicle Steel Wheel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Light Vehicle Steel Wheel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Light Vehicle Steel Wheel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Light Vehicle Steel Wheel Forecasted Market Size by Region
7.2.1 Asia-Pacific Light Vehicle Steel Wheel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Light Vehicle Steel Wheel Sales in Value by Region (2024-2029)
8 Latin America Light Vehicle Steel Wheel by Country
8.1 Latin America Light Vehicle Steel Wheel Historic Market Size by Country
8.1.1 Latin America Light Vehicle Steel Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Light Vehicle Steel Wheel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Light Vehicle Steel Wheel Sales in Value by Country (2018-2023)
8.2 Latin America Light Vehicle Steel Wheel Forecasted Market Size by Country
8.2.1 Latin America Light Vehicle Steel Wheel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Light Vehicle Steel Wheel Sales in Value by Country (2024-2029)
9 Middle East and Africa Light Vehicle Steel Wheel by Country
9.1 Middle East and Africa Light Vehicle Steel Wheel Historic Market Size by Country
9.1.1 Middle East and Africa Light Vehicle Steel Wheel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Light Vehicle Steel Wheel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Light Vehicle Steel Wheel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Light Vehicle Steel Wheel Forecasted Market Size by Country
9.2.1 Middle East and Africa Light Vehicle Steel Wheel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Light Vehicle Steel 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 Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Iochpe-Maxion Light Vehicle Steel Wheel Products Offered
10.1.5 Iochpe-Maxion Recent Development
10.2 Topy Group
10.2.1 Topy Group Company Information
10.2.2 Topy Group Introduction and Business Overview
10.2.3 Topy Group Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Topy Group Light Vehicle Steel Wheel Products Offered
10.2.5 Topy Group Recent Development
10.3 Accuride
10.3.1 Accuride Company Information
10.3.2 Accuride Introduction and Business Overview
10.3.3 Accuride Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Accuride Light Vehicle Steel Wheel Products Offered
10.3.5 Accuride Recent Development
10.4 Zhengxing Group
10.4.1 Zhengxing Group Company Information
10.4.2 Zhengxing Group Introduction and Business Overview
10.4.3 Zhengxing Group Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Zhengxing Group Light Vehicle Steel Wheel Products Offered
10.4.5 Zhengxing Group Recent Development
10.5 Enkei Wheels
10.5.1 Enkei Wheels Company Information
10.5.2 Enkei Wheels Introduction and Business Overview
10.5.3 Enkei Wheels Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Enkei Wheels Light Vehicle Steel Wheel Products Offered
10.5.5 Enkei Wheels Recent Development
10.6 Jinfei Kaida Wheel Co.,LTD
10.6.1 Jinfei Kaida Wheel Co.,LTD Company Information
10.6.2 Jinfei Kaida Wheel Co.,LTD Introduction and Business Overview
10.6.3 Jinfei Kaida Wheel Co.,LTD Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Jinfei Kaida Wheel Co.,LTD Light Vehicle Steel Wheel Products Offered
10.6.5 Jinfei Kaida Wheel Co.,LTD Recent Development
10.7 Zhongnan Wheel
10.7.1 Zhongnan Wheel Company Information
10.7.2 Zhongnan Wheel Introduction and Business Overview
10.7.3 Zhongnan Wheel Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Zhongnan Wheel Light Vehicle Steel Wheel Products Offered
10.7.5 Zhongnan Wheel Recent Development
10.8 Sunrise Wheel
10.8.1 Sunrise Wheel Company Information
10.8.2 Sunrise Wheel Introduction and Business Overview
10.8.3 Sunrise Wheel Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sunrise Wheel Light Vehicle Steel Wheel Products Offered
10.8.5 Sunrise Wheel Recent Development
10.9 Yueling Wheels
10.9.1 Yueling Wheels Company Information
10.9.2 Yueling Wheels Introduction and Business Overview
10.9.3 Yueling Wheels Light Vehicle Steel Wheel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yueling Wheels Light Vehicle Steel Wheel Products Offered
10.9.5 Yueling Wheels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Light Vehicle Steel 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 Light Vehicle Steel Wheel Industrial Chain Analysis
11.4 Light Vehicle Steel Wheel Market Dynamics
11.4.1 Light Vehicle Steel Wheel Industry Trends
11.4.2 Light Vehicle Steel Wheel Market Drivers
11.4.3 Light Vehicle Steel Wheel Market Challenges
11.4.4 Light Vehicle Steel Wheel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Light Vehicle Steel Wheel Distributors
12.3 Light Vehicle Steel 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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