Aluminum Alloy Wheel Market by Finishing Type (Polished Alloy Wheel, Tow Toned Alloy Wheel), Wheel Types (Casting, Forging), Rim Size, Sales Channel, Vehicle Type - Global Forecast 2024-2030

Aluminum Alloy Wheel Market by Finishing Type (Polished Alloy Wheel, Tow Toned Alloy Wheel), Wheel Types (Casting, Forging), Rim Size, Sales Channel, Vehicle Type - Global Forecast 2024-2030


The Aluminum Alloy Wheel Market size was estimated at USD 15.43 billion in 2023 and expected to reach USD 16.69 billion in 2024, at a CAGR 8.59% to reach USD 27.48 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aluminum Alloy Wheel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aluminum Alloy Wheel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aluminum Alloy Wheel Market, highlighting leading vendors and their innovative profiles. These include Accuride Corporation, ALCAR HOLDING GmbH, BORBET GmbH, Central Motor Wheel of America, Inc., CITIC Limited, CMS Jant ve Makina San. A.Ş., Enkei Corporation, Forgeline, Foshan Nanhai Anchi Aluminum Alloy Wheels Co., Ltd., Hijoin Industrial Co., Ltd., Howmet Aerospace, LEXANI Wheel Corp., Maxion Wheels, MHT Luxury Wheels, Neo Wheels Ltd., Rockman Industries Ltd., RONAL Group, Superior Industries, Topy Industries Limited, US Wheel Corp., Vossen Wheels, Wanfeng Group Co., Ltd., Wheels India Limited, and YHI International Limited.

Market Segmentation & Coverage

This research report categorizes the Aluminum Alloy Wheel Market to forecast the revenues and analyze trends in each of the following sub-markets:

Finishing Type

Polished Alloy Wheel
  • Tow Toned Alloy Wheel
  • Wheel Types

    Casting
  • Forging
  • Rim Size

    12 Inches
  • 17 Inches
  • 18 Inches
  • 21 Inches
  • More than 22 Inches
  • Sales Channel

    Aftermarket
  • OEM
  • Vehicle Type

    Commercial Vehicles
  • Passenger Car
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers 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 of the Aluminum Alloy Wheel Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aluminum Alloy Wheel Market?
    3. What are the technology trends and regulatory frameworks in the Aluminum Alloy Wheel Market?
    4. What is the market share of the leading vendors in the Aluminum Alloy Wheel Market?
    5. Which modes and strategic moves are suitable for entering the Aluminum Alloy Wheel Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 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. Aluminum Alloy Wheel Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Increasing trends toward lightweight vehicles globally
    5.1.1.2. Rising need for durable, attractive, and financially viable wheels
    5.1.1.3. Surging production of passenger cars and commercial vehicles
    5.1.2. Restraints
    5.1.2.1. Fluctuations in raw material prices
    5.1.3. Opportunities
    5.1.3.1. Introduction of accelerated high strength and lightweight aluminum alloy
    5.1.3.2. Development of new features and designs in aluminum alloy wheels
    5.1.4. Challenges
    5.1.4.1. Concerns associated with casting defects in aluminum alloy wheels
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Aluminum Alloy Wheel Market, by Finishing Type
    6.1. Introduction
    6.2. Polished Alloy Wheel
    6.3. Tow Toned Alloy Wheel
    7. Aluminum Alloy Wheel Market, by Wheel Types
    7.1. Introduction
    7.2. Casting
    7.3. Forging
    8. Aluminum Alloy Wheel Market, by Rim Size
    8.1. Introduction
    8.2. 12 Inches
    8.3. 17 Inches
    8.4. 18 Inches
    8.5. 21 Inches
    8.6. More than 22 Inches
    9. Aluminum Alloy Wheel Market, by Sales Channel
    9.1. Introduction
    9.2. Aftermarket
    9.3. OEM
    10. Aluminum Alloy Wheel Market, by Vehicle Type
    10.1. Introduction
    10.2. Commercial Vehicles
    10.3. Passenger Car
    11. Americas Aluminum Alloy Wheel Market
    11.1. Introduction
    11.2. Argentina
    11.3. Brazil
    11.4. Canada
    11.5. Mexico
    11.6. United States
    12. Asia-Pacific Aluminum Alloy Wheel Market
    12.1. Introduction
    12.2. Australia
    12.3. China
    12.4. India
    12.5. Indonesia
    12.6. Japan
    12.7. Malaysia
    12.8. Philippines
    12.9. Singapore
    12.10. South Korea
    12.11. Taiwan
    12.12. Thailand
    12.13. Vietnam
    13. Europe, Middle East & Africa Aluminum Alloy Wheel Market
    13.1. Introduction
    13.2. Denmark
    13.3. Egypt
    13.4. Finland
    13.5. France
    13.6. Germany
    13.7. Israel
    13.8. Italy
    13.9. Netherlands
    13.10. Nigeria
    13.11. Norway
    13.12. Poland
    13.13. Qatar
    13.14. Russia
    13.15. Saudi Arabia
    13.16. South Africa
    13.17. Spain
    13.18. Sweden
    13.19. Switzerland
    13.20. Turkey
    13.21. United Arab Emirates
    13.22. United Kingdom
    14. Competitive Landscape
    14.1. FPNV Positioning Matrix
    14.2. Market Share Analysis, By Key Player
    14.3. Competitive Scenario Analysis, By Key Player
    15. Competitive Portfolio
    15.1. Key Company Profiles
    15.1.1. Accuride Corporation
    15.1.2. ALCAR HOLDING GmbH
    15.1.3. BORBET GmbH
    15.1.4. Central Motor Wheel of America, Inc.
    15.1.5. CITIC Limited
    15.1.6. CMS Jant ve Makina San. A.Ş.
    15.1.7. Enkei Corporation
    15.1.8. Forgeline
    15.1.9. Foshan Nanhai Anchi Aluminum Alloy Wheels Co., Ltd.
    15.1.10. Hijoin Industrial Co., Ltd.
    15.1.11. Howmet Aerospace
    15.1.12. LEXANI Wheel Corp.
    15.1.13. Maxion Wheels
    15.1.14. MHT Luxury Wheels
    15.1.15. Neo Wheels Ltd.
    15.1.16. Rockman Industries Ltd.
    15.1.17. RONAL Group
    15.1.18. Superior Industries
    15.1.19. Topy Industries Limited
    15.1.20. US Wheel Corp.
    15.1.21. Vossen Wheels
    15.1.22. Wanfeng Group Co., Ltd.
    15.1.23. Wheels India Limited
    15.1.24. YHI International Limited
    15.2. Key Product Portfolio
    16. Appendix
    16.1. Discussion Guide
    16.2. License & Pricing
    FIGURE 1. ALUMINUM ALLOY WHEEL MARKET RESEARCH PROCESS
    FIGURE 2. ALUMINUM ALLOY WHEEL MARKET SIZE, 2023 VS 2030
    FIGURE 3. ALUMINUM ALLOY WHEEL MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. ALUMINUM ALLOY WHEEL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. ALUMINUM ALLOY WHEEL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. ALUMINUM ALLOY WHEEL MARKET DYNAMICS
    FIGURE 7. ALUMINUM ALLOY WHEEL MARKET SIZE, BY FINISHING TYPE, 2023 VS 2030 (%)
    FIGURE 8. ALUMINUM ALLOY WHEEL MARKET SIZE, BY FINISHING TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. ALUMINUM ALLOY WHEEL MARKET SIZE, BY WHEEL TYPES, 2023 VS 2030 (%)
    FIGURE 10. ALUMINUM ALLOY WHEEL MARKET SIZE, BY WHEEL TYPES, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. ALUMINUM ALLOY WHEEL MARKET SIZE, BY RIM SIZE, 2023 VS 2030 (%)
    FIGURE 12. ALUMINUM ALLOY WHEEL MARKET SIZE, BY RIM SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. ALUMINUM ALLOY WHEEL MARKET SIZE, BY SALES CHANNEL, 2023 VS 2030 (%)
    FIGURE 14. ALUMINUM ALLOY WHEEL MARKET SIZE, BY SALES CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. ALUMINUM ALLOY WHEEL MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
    FIGURE 16. ALUMINUM ALLOY WHEEL MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. AMERICAS ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. AMERICAS ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. UNITED STATES ALUMINUM ALLOY WHEEL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 20. UNITED STATES ALUMINUM ALLOY WHEEL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. ASIA-PACIFIC ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. ASIA-PACIFIC ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. EUROPE, MIDDLE EAST & AFRICA ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 24. EUROPE, MIDDLE EAST & AFRICA ALUMINUM ALLOY WHEEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 25. ALUMINUM ALLOY WHEEL MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 26. ALUMINUM ALLOY WHEEL MARKET SHARE, BY KEY PLAYER, 2023

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