The Automotive Wheels Aftermarket Market is projected to reach USD 1.34 billion by 2033, up from USD 0.97 billion in 2023, with an anticipated compound annual growth rate (CAGR) of 5.87% from 2023 to 2033. This market segment within the automotive industry focuses on the sale of vehicle wheels (rims) through non-OEM (original equipment manufacturer) channels. It includes a diverse array of aftermarket wheels tailored to various vehicle types, styles, and performance needs. The market covers both replacement wheels for damaged or worn-out OEM wheels and custom wheels for aesthetic enhancement or performance improvements. Consumers can choose from a wide range of materials, sizes, finishes, and designs, catering to their unique preferences. Key drivers of this market include trends in vehicle customization, technological advancements, and the growing consumer desire for individualization and personalization of their vehicles.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Material (Alloy, Steel, and Other Materials)
By Coating Type (Liquid Coating and Powdered Coating)
By Vehicle Type (Passenger Cars and Commercial Vehicles)
By Aftermarket Type (New Wheel Replacement and Refurbished Wheel Fitment)
Key players
Enkei Corporation
Ronal Group
Borbet GmbH
Maxion Wheels
CM Wheels
The Carlstar Group
Arconic
Superior Industries International, Inc.
SSR Wheels
LKQ Corporation
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