Global Electric Vehicle Aluminium Alloy Wheel Market Growth 2025-2031

The global Electric Vehicle Aluminium Alloy Wheel market size is predicted to grow from US$ 5715 million in 2025 to US$ 11810 million in 2031; it is expected to grow at a CAGR of 12.9% from 2025 to 2031.

An electric vehicle aluminum alloy wheel, often simply referred to as an "EV aluminum wheel," is a type of wheel specifically designed and manufactured for use on electric vehicles (EVs). These wheels are typically constructed from aluminum alloy materials and are chosen for their lightweight yet strong and durable properties. They play a crucial role in the overall performance and efficiency of electric vehicles.

Lightweight Design: Aluminum alloy wheels are significantly lighter than traditional steel wheels. This reduced weight contributes to better energy efficiency and extended range for electric vehicles. Lighter wheels require less energy to rotate, which can help maximize the EV"s battery life and overall performance.

Improved Efficiency: The reduced weight of aluminum alloy wheels can enhance the efficiency of an electric vehicle, as it takes less energy to accelerate, decelerate, and maintain speed. This can result in increased mileage on a single battery charge.

Aesthetic Appeal: Aluminum alloy wheels are often chosen for their stylish and modern appearance. They are available in various designs and finishes, allowing EV owners to customize their vehicle"s aesthetics.

Corrosion Resistance: Aluminum alloy wheels are less susceptible to corrosion, which is especially beneficial in areas with harsh climates or exposure to road salt and moisture.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle Aluminium Alloy Wheel Industry Forecast” looks at past sales and reviews total world Electric Vehicle Aluminium Alloy Wheel sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Aluminium Alloy Wheel sales for 2025 through 2031. With Electric Vehicle Aluminium Alloy Wheel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Aluminium Alloy Wheel industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Aluminium Alloy Wheel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Aluminium Alloy Wheel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Aluminium Alloy Wheel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Aluminium Alloy Wheel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Aluminium Alloy Wheel.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Aluminium Alloy Wheel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Casting
Forging
Others

Segmentation by Application:
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Borbet
Ronal Wheels
Enkei Wheels
TSW
Superior Industries
Alcoa
Iochpe-Maxion
YHI International
Wanfeng Auto
Yueling Wheels
HuBei HongMaDa Wheel
Lizhong Group
Guangdong Dcenti Auto-Parts
Zhejiang Jinfei Kaida Wheel
Zhongnan Aluminum Wheels
Kunshan Liufeng
Anchi Aluminum Wheel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Aluminium Alloy Wheel market?

What factors are driving Electric Vehicle Aluminium Alloy Wheel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicle Aluminium Alloy Wheel market opportunities vary by end market size?

How does Electric Vehicle Aluminium Alloy Wheel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.