Automotive Wheel Market: Innovations, Market Size, and Forecast 2024-2030

Automotive Wheel Market Overview:

Maximize Market Research, a business research firm has published a report on the “ Automotive Wheel Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for  Automotive Wheel Market:

was valued at US$ 42.31 Bn. in 2023 and the total Automotive Wheel revenue is expected to grow at 5.9% from 2024 to 2030, reaching nearly US$ 63.21 Bn.

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Automotive Wheel Market Report Scope and Research Methodology:

While 18- and 19-inch wheels are more popular in the US market, 16- and 17-inch wheels are standard on top-selling passenger cars in Europe. Given the current low level of competition, the ongoing premiumization trend in India will provide a strong boost to alloy wheel firms as well as a substantial potential for foreign producers. The F-150 has up to five alloy wheel options, ranging in size from 17 to 22 inches, and has been the best-selling car in the US for 44 years running. Other OEMs like silver-painted aluminium wheels, and machined aluminium wheels are becoming more and more in demand. Owing to the popularity of sedans in China, the top ten best-selling cars are more likely to have 14–16-inch silver painted alloy wheels.

Automotive Wheel Market Regional Insights:

Improved dependability and increasing demand drive growth in the Automotive Wheel Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Automotive Wheel market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Automotive Wheel Market Segmentation:

by Rim Size
13"-15"
16"-18"
19"-21"
Above 21"

by Material
Alloy
Steel
Aluminum
Carbon Fiber
Other

by Vehicle
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

by End-User
Original Equipment Manufacturer (OEM)
Aftermarket

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Table of Content: Automotive Wheel Market

Part 01: Executive Summary

Part 02: Scope of the Automotive Wheel Market Report

Part 03: Global Automotive Wheel Market Landscape

Part 04: Global Automotive Wheel Market Sizing

Part 05: Global Automotive Wheel Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Automotive Wheel Market Key Players:

1. MAXION Wheels (Germany)
2. Borbet GmbH (Germany)
3. Uniwheels (Germany)
4. BBS Kraftfahrzeugtechnik AG. (Germany)
5. Thyssenkrupp AG (Germany)
6. CITIC Dicastal Co., Ltd. (China)
7. Zhejiang Wanfeng Auto Wheel (China)
8. LIZHONG WHEEL GROUP (China)
9. Superior Industries International (US)
10. Accuride Corporation (US)
11. MHT Luxury Wheels (US)
12. Status Wheels, Inc. (US)

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Key questions answered in the Automotive Wheel Market are:

• Who are the leading companies and what are their portfolios in Automotive Wheel Market? 
• What segments are covered in the Automotive Wheel Market?
• Who are the key players in the Automotive Wheel market?
• What is Automotive Wheel?
• What is the growth rate of the Automotive Wheel Market?
• Which are the factors expected to drive the Automotive Wheel market growth?
• What are the different segments of the Automotive Wheel Market?
• What growth strategies are the players considering to increase their presence in Automotive Wheel?
• What are the upcoming industry applications and trends for the Automotive Wheel Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Wheel Market?
• What segments are covered in the Automotive Wheel Market?

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