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Automotive Wheels Market by Type (Off-Road Vehicle, On-Road Vehicle), Component (The Hub, Valve System, Wheel Bearings), Material, Rim Size, Application, Vehicle Class, Vehicle - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 192 Pages
SKU # IRE18312486

Description

Automotive Wheels Market by Type (Off-Road Vehicle, On-Road Vehicle), Component (The Hub, Valve System, Wheel Bearings), Material, Rim Size, Application, Vehicle Class, Vehicle - Global Forecast 2023-2030


The Automotive Wheels Market is projected to reach USD 46.69 billion by 2030 from USD 33.02 billion in 2022, at a CAGR of 4.42% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Wheels Market.
  • Based on Type, market is studied across Off-Road Vehicle and On-Road Vehicle. The Off-Road Vehicle is further studied across Agriculture Tractor and Construction & Mining Equipment. The On-Road Vehicle commanded largest market share of 70.39% in 2022, followed by Off-Road Vehicle.
  • Based on Component, market is studied across The Hub, Valve System, Wheel Bearings, Wheel Fasteners, and Wheel Rims. The Wheel Rims commanded largest market share of 22.79% in 2022, followed by The Hub.
  • Based on Material, market is studied across Alloy, Carbon Fiber, and Steel. The Alloy commanded largest market share of 33.46% in 2022, followed by Steel.
  • Based on Rim Size, market is studied across 13”-15”, 16”-18”, 19”-21”, and >21”. The 19”-21” commanded largest market share of 34.21% in 2022, followed by 16”-18”.
  • Based on Application, market is studied across Aftermarket and OEM. The Aftermarket commanded largest market share of 80.94% in 2022, followed by OEM.
  • Based on Vehicle Class, market is studied across Economy, Luxury Priced, and Mid-Priced. The Mid-Priced commanded largest market share of 41.21% in 2022, followed by Luxury Priced.
  • Based on Vehicle, market is studied across Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Vehicle. The Passenger Vehicle commanded largest market share of 42.02% in 2022, followed by Heavy Commercial Vehicle.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 51.90% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Wheels Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Wheels Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Wheels Market, highlighting leading vendors and their innovative profiles. These include Alcar Holding GmbH, BBS by KW automotive GmbH, Borbet GmbH, Enkei Corporation, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd., Hitachi Metals Ltd., Kalink Co., Ltd., Lizhong Group, Maruti Suzuki India Limited, Ronal AG, Steel Strips Wheels Limited, Superior Industries International, Inc., Thyssenkrupp AG, Titan International Inc., and Trelleborg AB.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Automotive Wheels Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive Wheels Market?
  3. What is the competitive strategic window for identifying opportunities in the Automotive Wheels Market?
  4. What are the latest technology trends and regulatory frameworks in the Automotive Wheels Market?
  5. What is the market share of the leading vendors in the Automotive Wheels Market?
  6. Which modes and strategic moves are suitable for entering the Automotive Wheels Market?


Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

192 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Wheels Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for lightweight material for wheels
5.1.1.2. Surging automotive production and need for wheel replacement
5.1.1.3. Government initiatives for fuel-efficient and electric vehicles
5.1.2. Restraints
5.1.2.1. High cost of raw materials and manufacturing process
5.1.3. Opportunities
5.1.3.1. Rapid development of automotive wheels attributed to rising preferences of specified wheels
5.1.3.2. Exploration and advancement of new material and new composite in wheels
5.1.4. Challenges
5.1.4.1. Performance limitations of some wheels
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Automotive Wheels Market, by Type
6.1. Introduction
6.2. Off-Road Vehicle
6.3.1. Agriculture Tractor
6.3.2. Construction & Mining Equipment
6.3. On-Road Vehicle
7. Automotive Wheels Market, by Component
7.1. Introduction
7.2. The Hub
7.3. Valve System
7.4. Wheel Bearings
7.5. Wheel Fasteners
7.6. Wheel Rims
8. Automotive Wheels Market, by Material
8.1. Introduction
8.2. Alloy
8.3. Carbon Fiber
8.4. Steel
9. Automotive Wheels Market, by Rim Size
9.1. Introduction
9.2. 13”-15”
9.3. 16”-18”
9.4. 19”-21”
9.5. >21”
10. Automotive Wheels Market, by Application
10.1. Introduction
10.2. Aftermarket
10.3. OEM
11. Automotive Wheels Market, by Vehicle Class
11.1. Introduction
11.2. Economy
11.3. Luxury Priced
11.4. Mid-Priced
12. Automotive Wheels Market, by Vehicle
12.1. Introduction
12.2. Heavy Commercial Vehicle
12.3. Light Commercial Vehicle
12.4. Passenger Vehicle
13. Americas Automotive Wheels Market
13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States
14. Asia-Pacific Automotive Wheels Market
14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam
15. Europe, Middle East & Africa Automotive Wheels Market
15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.2. Market Share Analysis, By Key Player
16.3. Competitive Scenario Analysis, By Key Player
17. Competitive Portfolio
17.1. Key Company Profiles
17.1.1. Alcar Holding GmbH
17.1.2. BBS by KW automotive GmbH
17.1.3. Borbet GmbH
17.1.4. Enkei Corporation
17.1.5. Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.
17.1.6. Hitachi Metals Ltd.
17.1.7. Kalink Co., Ltd.
17.1.8. Lizhong Group
17.1.9. Maruti Suzuki India Limited
17.1.10. Ronal AG
17.1.11. Steel Strips Wheels Limited
17.1.12. Superior Industries International, Inc.
17.1.13. Thyssenkrupp AG
17.1.14. Titan International Inc.
17.1.15. Trelleborg AB
17.2. Key Product Portfolio
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing

Pricing

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