Automotive Wheel Market Top Trends, Drivers, Growth Forecast and Capacity Analysis, 2018-2025
The Automotive Wheel Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
Los Angeles, CA -- (ReleaseWire) -- 10/24/2018 --This study focuses on the production side and consumption side of Automotive Wheel, presents the global Automotive Wheel market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Automotive Wheel capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
Alloy wheels are becoming popular due to their aesthetic appeal. They are light weight and dissipate heat from tires and brakes more effectively as compared to steel wheels. Moreover, increase in capital investment and R&D spending by OEMs, particularly on passenger cars boosts the market growth. The automotive wheel market is powered by shifting trend toward light weighted aesthetically appealing cars and has witnessed considerable growth in the developed as well as developing regions. Automotive giants are increasingly focusing on manufacturing light weight vehicles in response to growth in concern for environmental pollution.
The Automotive Wheel market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Wheel. Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
In terms of consumption side, this report focuses on the consumption of Automotive Wheel by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Iochpe-Maxion
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
Market Segment by Product Type
Alloy (Aluminum & Magnesium)
Steel
Carbon Fiber
Market Segment by Application
Original Equipment Manufacturer (OEM)
Aftermarket
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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