Global Automotive Wheel Market Overview

The industry overview gives thorough details about the size of the Market all the Market dynamics including strategies, Market revenue, pricing analysis, micro and macro Market trends and scenarios & Industry benchmarks. Region wise Market opportunities & barriers are also studied in detail.

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Global Automotive Wheel Market Report Scope and Research Methodology

The Global Automotive Wheel Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Global Automotive Wheel Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Global Automotive Wheel Market. Detailed analysis of external & internal factors impacting the Market is covered through PESTEL & PORTER analysis.

Dedicated study of the rivalry in the industry is covered, which includes Market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Market engineering and calculations for Market statistics; Market size estimations, Market forecasts, Market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Market size, the bottom-up approach was used.

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Market Segmentation

By material, the alloy segment is expected to grow at a CAGR of 4.8% during the forecast period. Alloy wheels are often purchased for cosmetic reasons (visible repairs), but the inferior alloys used are usually not resistant to corrosion. Alloys allow for attractive bare metal surfaces that need to be sealed with paint or hubcaps. Even with good coverage, used wheels will rust in 3-5 years, but repairs are now affordable and widely available. Alloy wheels are susceptible to galvanic corrosion, which can lead to tire leaks if proper precautions are not followed. Bent alloy wheels are also more difficult to repair than steel wheels, but the more expensive they are, generally cheaper to repair than replacement.

Alloy wheels are more expensive to manufacture than regular steel wheels and are sometimes sold as an optional accessory or as part of a more expensive trim package rather than standard equipment. However, alloy wheels have become more popular and are now found in subcompact his cars as well as economy cars. Alloy wheels have traditionally been standard equipment on more expensive luxury and sports cars, with larger or "special" alloy wheels available as an addition.The high price of alloy wheels makes them attractive to thieves. . To combat this, car manufacturers and dealers often add lock nuts and bolts that require a special wrench to remove.

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Global Automotive Wheel Market Regional Insights

The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of Market size, Market drivers, barriers, CAGR, and import and export in all the regions.

Market Key Players

• MAXION Wheels (Germany)
• Borbet GmbH (Germany)
• Uniwheels (Germany)
• BBS Kraftfahrzeugtechnik AG. (Germany)
• Thyssenkrupp AG (Germany)
• CITIC Dicastal Co., Ltd. (China)
• Zhejiang Wanfeng Auto Wheel (China)
• LIZHONG WHEEL GROUP (China)
• Superior Industries International (US)
• Accuride Corporation (US)
• MHT Luxury Wheels (US)
• Status Wheels, Inc. (US)
• Wheel Pros, LLC (US)
• Fuel Off-Road Wheels (US)
• SOTA Offroad (US)
• Forgiato Wheels (US)
• KONIG AMERICAN (US)
• LKQ Corporation (US)
• HRE Performance Wheels (US)
• Vossen Wheels (US)
• ALCOA WHEELS (US)
• Steel Strips Wheels Ltd. (India)
• Enkei Wheels India Ltd. (India)
• Hitachi Metals (Japan)
• TOPY INDUSTRIES (Japan)
• Mangels Industrial (Brazil)
• Ronal AG (Switzerland)
• CMWheels (UK)
• Alcar Holding GmbH (Austria)

Key questions answered in the Market are:

What is Global Automotive Wheel ?
What are the global trends in the Market?
What was the Total Market size in 2022?
What is expected Market size by 2029?
Who held the largest Market share in Market?
Who are the leading companies and what are their portfolios in Market?
What are the major challenges that the Industry could face in the future?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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