Albany, NY -- (ReleaseWire) -- 01/30/2013 -- TechNavio's analysts forecast the Automotive Wheel market in India to grow at a CAGR of 10.56 percent over the period 2012-2016. One of the key factors contributing to this market growth is the upsurge in the Passenger Vehicle market in India. The Automotive Wheel market in India has also been witnessing a steady emerging focus on the Replacement market. However, automobile manufacturers entering the Wheels market in India could pose a challenge to the growth of this market.
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TechNavio's report, the Automotive Wheel Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India; it also covers the Automotive Wheel market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The key vendors dominating this market space are Iochpe-Maxion SA, Steel Strip Wheels Ltd., and Wheels India Ltd.
The other vendors mentioned in the report are Asia Motor Works Ltd., ENKIE Wheels India Ltd., and Superior Industries International Inc.
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Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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