Automotive Wheels Market by Type (Off-Road Vehicle, On-Road Vehicle), Component (The Hub, Valve System, Wheel Bearings), Material, Rim Size, Application, Vehicle Class, Vehicle - Global Forecast 2024-2030

Automotive Wheels Market by Type (Off-Road Vehicle, On-Road Vehicle), Component (The Hub, Valve System, Wheel Bearings), Material, Rim Size, Application, Vehicle Class, Vehicle - Global Forecast 2024-2030


The Automotive Wheels Market size was estimated at USD 34.44 billion in 2023 and expected to reach USD 35.94 billion in 2024, at a CAGR 4.44% to reach USD 46.69 billion by 2030.

Global Automotive Wheels Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Wheels 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 Automotive Wheels 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 Automotive Wheels Market, highlighting leading vendors and their innovative profiles. These include Alcar Holding GmbH, BBS by KW automotive GmbH, Borbet GmbH, Enkei Corporation, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd., Hitachi Metals Ltd., Kalink Co., Ltd., Lizhong Group, Maruti Suzuki India Limited, Ronal AG, Steel Strips Wheels Limited, Superior Industries International, Inc., Thyssenkrupp AG, Titan International Inc., and Trelleborg AB.

Market Segmentation & Coverage

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

  • Type
    • Off-Road Vehicle
      • Agriculture Tractor
      • Construction & Mining Equipment
    • On-Road Vehicle
  • Component
    • The Hub
    • Valve System
    • Wheel Bearings
    • Wheel Fasteners
    • Wheel Rims
  • Material
    • Alloy
    • Carbon Fiber
    • Steel
  • Rim Size
    • 13”-15”
    • 16”-18”
    • 19”-21”
    • >21”
  • Application
    • Aftermarket
    • OEM
  • Vehicle Class
    • Economy
    • Luxury Priced
    • Mid-Priced
  • Vehicle
    • Heavy Commercial Vehicle
    • Light Commercial Vehicle
    • Passenger Vehicle


  • 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 Automotive Wheels Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Wheels Market?
  3. What are the technology trends and regulatory frameworks in the Automotive Wheels Market?
  4. What is the market share of the leading vendors in the Automotive Wheels Market?
  5. Which modes and strategic moves are suitable for entering the Automotive Wheels 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. Automotive Wheels Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for lightweight material for wheels
5.1.1.2. Surging automotive production and need for wheel replacement
5.1.1.3. Government initiatives for fuel-efficient and electric vehicles
5.1.2. Restraints
5.1.2.1. High cost of raw materials and manufacturing process
5.1.3. Opportunities
5.1.3.1. Rapid development of automotive wheels attributed to rising preferences of specified wheels
5.1.3.2. Exploration and advancement of new material and new composite in wheels
5.1.4. Challenges
5.1.4.1. Performance limitations of some 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. Automotive Wheels Market, by Type
6.1. Introduction
6.2. Off-Road Vehicle
6.3.1. Agriculture Tractor
6.3.2. Construction & Mining Equipment
6.3. On-Road Vehicle
7. Automotive Wheels Market, by Component
7.1. Introduction
7.2. The Hub
7.3. Valve System
7.4. Wheel Bearings
7.5. Wheel Fasteners
7.6. Wheel Rims
8. Automotive Wheels Market, by Material
8.1. Introduction
8.2. Alloy
8.3. Carbon Fiber
8.4. Steel
9. Automotive Wheels Market, by Rim Size
9.1. Introduction
9.2. 13”-15”
9.3. 16”-18”
9.4. 19”-21”
9.5. >21”
10. Automotive Wheels Market, by Application
10.1. Introduction
10.2. Aftermarket
10.3. OEM
11. Automotive Wheels Market, by Vehicle Class
11.1. Introduction
11.2. Economy
11.3. Luxury Priced
11.4. Mid-Priced
12. Automotive Wheels Market, by Vehicle
12.1. Introduction
12.2. Heavy Commercial Vehicle
12.3. Light Commercial Vehicle
12.4. Passenger Vehicle
13. Americas Automotive Wheels Market
13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States
14. Asia-Pacific Automotive Wheels Market
14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam
15. Europe, Middle East & Africa Automotive Wheels Market
15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.2. Market Share Analysis, By Key Player
16.3. Competitive Scenario Analysis, By Key Player
17. Competitive Portfolio
17.1. Key Company Profiles
17.1.1. Alcar Holding GmbH
17.1.2. BBS by KW automotive GmbH
17.1.3. Borbet GmbH
17.1.4. Enkei Corporation
17.1.5. Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.
17.1.6. Hitachi Metals Ltd.
17.1.7. Kalink Co., Ltd.
17.1.8. Lizhong Group
17.1.9. Maruti Suzuki India Limited
17.1.10. Ronal AG
17.1.11. Steel Strips Wheels Limited
17.1.12. Superior Industries International, Inc.
17.1.13. Thyssenkrupp AG
17.1.14. Titan International Inc.
17.1.15. Trelleborg AB
17.2. Key Product Portfolio
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
FIGURE 1. AUTOMOTIVE WHEELS MARKET RESEARCH PROCESS
FIGURE 2. AUTOMOTIVE WHEELS MARKET SIZE, 2023 VS 2030
FIGURE 3. AUTOMOTIVE WHEELS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. AUTOMOTIVE WHEELS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. AUTOMOTIVE WHEELS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. AUTOMOTIVE WHEELS MARKET DYNAMICS
FIGURE 7. AUTOMOTIVE WHEELS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. AUTOMOTIVE WHEELS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. AUTOMOTIVE WHEELS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 10. AUTOMOTIVE WHEELS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AUTOMOTIVE WHEELS MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 12. AUTOMOTIVE WHEELS MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AUTOMOTIVE WHEELS MARKET SIZE, BY RIM SIZE, 2023 VS 2030 (%)
FIGURE 14. AUTOMOTIVE WHEELS MARKET SIZE, BY RIM SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AUTOMOTIVE WHEELS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 16. AUTOMOTIVE WHEELS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AUTOMOTIVE WHEELS MARKET SIZE, BY VEHICLE CLASS, 2023 VS 2030 (%)
FIGURE 18. AUTOMOTIVE WHEELS MARKET SIZE, BY VEHICLE CLASS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AUTOMOTIVE WHEELS MARKET SIZE, BY VEHICLE, 2023 VS 2030 (%)
FIGURE 20. AUTOMOTIVE WHEELS MARKET SIZE, BY VEHICLE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. AMERICAS AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. AMERICAS AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. UNITED STATES AUTOMOTIVE WHEELS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 24. UNITED STATES AUTOMOTIVE WHEELS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. ASIA-PACIFIC AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. ASIA-PACIFIC AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 28. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE WHEELS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 29. AUTOMOTIVE WHEELS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 30. AUTOMOTIVE WHEELS MARKET SHARE, BY KEY PLAYER, 2023

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