Automotive Steel Wheels - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Automotive Steel Wheels market is expected to grow at a CAGR of 3.2% during the forecast period. Some of the key factors influencing the market growth include growing demand of low cost cars in Asia Pacific region, improvements in technology and increasing choice for lightweight wheels. However, rising concerns towards increased greenhouse gas emissions from automotive industry is one of the main factors hampering the market growth. Asia Pacific leads the global market during the forecast period. The growth in this region can be attributed to growing disposable income, increasing investments towards infrastructural development and the need for commercial vehicles for transportation.
Some of the key players in the market include Accuride Wheel, Alcar Holding, Bharat Wheel, KIC LLC, Maxion Wheels and Steel Strips Wheels.
Products Covered: • Alloy Steel • Cast Iron • Other Products Applications Covered: • LCVs • M&HCVs • Passenger Cars Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific • Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements