Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels. Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels. Forged wheels are typically around 25% lighter than cast wheels (and potentially even more).

The global Commercial Vehicle Forged Aluminum Alloy Wheels market was valued at US$ 695.5 million in 2023 and is anticipated to reach US$ 901.7 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.

Global Aluminum Alloy Wheels main players are CITIC Dicastal, Borbet, Ronal Wheels, Alcoa, Superior Industries, etc. Global top five manufacturers hold a share over 40%. Asia-Pacific is the largest market, with a share nearly 50%.

This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Forged Aluminum Alloy Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Forged Aluminum Alloy Wheels.

Report Scope

The Commercial Vehicle Forged Aluminum Alloy Wheels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Vehicle Forged Aluminum Alloy Wheels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Commercial Vehicle Forged Aluminum Alloy Wheels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


CITIC Dicastal

Borbet

Ronal Wheels

Alcoa

Superior Industries

Iochpe-Maxion

Uniwheel Group

Wanfeng Auto

Lizhong Group

Enkei Wheels

Zhejiang Jinfei

Accuride

Topy Group

Zhongnan Aluminum Wheels

YHI

Yueling Wheels

Guangdong Dcenti Auto-Parts


Segment by Type


OEM Wheels

Aftermarket Wheels


Segment by Application


Light Commercial Vehicle

Medium Commercial Vehicle

Heavy Duty Commercial Vehicle


Production by Region



North America

Europe

China

Japan

South Korea

India


Consumption by Region


North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Commercial Vehicle Forged Aluminum Alloy Wheels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Commercial Vehicle Forged Aluminum Alloy Wheels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Commercial Vehicle Forged Aluminum Alloy Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: 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 10: The main points and conclusions of the report.