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Global Automotive Aluminum Alloy Wheels Market Growth 2019-2024
SKU ID : LPI-13842993 | Publishing Date : 08-Feb-2019 | No. of pages : 166
Automotive Aluminum Alloy Wheel is made by the aluminum alloy. The aluminum alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.
The classification of Automotive Aluminum Alloy Wheel includes Casting, Forging and Other. The proportion of Casting in 2017 is about 80.15%. Cast wheels are cheaper than forged wheels, which are lighter and stronger.
Automotive Aluminum Alloy Wheel are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Aluminum Alloy Wheel is used in Passenger Vehicle, and the sales proportion in 2017 is about 94%
China and Europe is the main consumption places, with a consumption market share nearly 28.66% and 24.65% in 2017. Other regions also enjoy the major market share in global region.
In the future, the automotive aluminum alloy wheel will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weakening. The installed rate in the commercial vehicle will increase.
According to this study, over the next five years the Automotive Aluminum Alloy Wheels market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 14700 million by 2024, from US$ 12700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Aluminum Alloy Wheels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminum Alloy Wheels market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Aluminum Alloy Wheels value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Casting
Forging
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
Zhejiang Jinfei
Wanfeng Auto
Lizhong Group
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Enkei Wheels
Accuride
Topy Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Aluminum Alloy Wheels consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Aluminum Alloy Wheels market by identifying its various subsegments.
Focuses on the key global Automotive Aluminum Alloy Wheels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Aluminum Alloy Wheels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Aluminum Alloy Wheels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The classification of Automotive Aluminum Alloy Wheel includes Casting, Forging and Other. The proportion of Casting in 2017 is about 80.15%. Cast wheels are cheaper than forged wheels, which are lighter and stronger.
Automotive Aluminum Alloy Wheel are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Aluminum Alloy Wheel is used in Passenger Vehicle, and the sales proportion in 2017 is about 94%
China and Europe is the main consumption places, with a consumption market share nearly 28.66% and 24.65% in 2017. Other regions also enjoy the major market share in global region.
In the future, the automotive aluminum alloy wheel will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weakening. The installed rate in the commercial vehicle will increase.
According to this study, over the next five years the Automotive Aluminum Alloy Wheels market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 14700 million by 2024, from US$ 12700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Aluminum Alloy Wheels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminum Alloy Wheels market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Aluminum Alloy Wheels value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Casting
Forging
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
Zhejiang Jinfei
Wanfeng Auto
Lizhong Group
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Enkei Wheels
Accuride
Topy Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Aluminum Alloy Wheels consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Aluminum Alloy Wheels market by identifying its various subsegments.
Focuses on the key global Automotive Aluminum Alloy Wheels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Aluminum Alloy Wheels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Aluminum Alloy Wheels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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