Automotive Alloy Wheels Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles); By Finishing Type (Polished Alloy Wheels, Two-toned Alloy Wheels, Painted All

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from $4,850	400 Pages	BlueWeave Consulting	March, 2024	BLWC18632626

Best Price Guarantee
Price	from $4,850
Length	400 Pages
Publisher	BlueWeave Consulting
Published Date	March, 2024
SKU	BLWC18632626

Automotive Alloy Wheels Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles); By Finishing Type (Polished Alloy Wheels, Two-toned Alloy Wheels, Painted Alloy Wheels); By Rim Size (12”–17”, 18”–21”, More than 22”); By Sales Channel (OEM, Aftermarket); By Region (North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA))

Global Automotive Alloy Wheels Market Size Booming at CAGR of 8.35% to Cross USD 38.6 Billion by 2030
Global Automotive Alloy Wheels Market is propelled by an increasing demand for lightweight and aesthetically appealing wheels, enhanced vehicle performance, and growing automotive customization trends.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Automotive Alloy Wheels Market size at USD 23.89 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Automotive Alloy Wheels Market size to grow at a CAGR of 8.35% reaching a value of USD 38.66 billion by 2030. The Global Automotive Alloy Wheels Market is propelled by the increasing demand for lightweight and aesthetically appealing wheels, which enhance fuel efficiency and vehicle performance. Growing consumer preference for customization, coupled with the automotive industry's focus on advanced materials for weight reduction, further fuels market growth. Additionally, rising disposable income and a surge in automotive production contribute to the expanding market.
Opportunity – Innovative alloy solutions
The growing automotive industry is being driven by the surging demand for advanced automotive alloy wheels. The high-performance alloy wheels are a key growth driver, offering superior strength, reduced weight, and enhanced aesthetics. As automakers increasingly prioritize fuel efficiency and performance, alloy wheels are becoming a critical component, boosting vehicle efficiency and overall appeal. With advancements in alloy technology, such as lightweight alloys and customizable designs, the Automotive Alloy Wheels Market is experiencing an unprecedented surge. The trend is reshaping the automotive landscape, providing manufacturers with opportunities to differentiate their offerings and meet evolving consumer preferences for both style and performance.

Impact of Escalating Geopolitical Tensions on Global Automotive Alloy Wheels Market
Escalating geopolitical tensions strain Global Automotive Alloy Wheels Market, posing supply chain challenges. Heightened global geopolitical uncertainties are casting a shadow on the thriving automotive alloy wheels market. Supply chain disruptions, fluctuating raw material costs, and trade uncertainties are impacting manufacturing and distribution, leading to potential setbacks in the industry. As nations navigate geopolitical complexities, the automotive sector faces challenges in maintaining stability and growth. Industry stakeholders must strategize and adapt to the evolving geopolitical landscape to mitigate risks and ensure the resilience of the Global Automotive Alloy Wheels Market.
Global Automotive Alloy Wheels Market
Segmental Coverage
Global Automotive Alloy Wheels Market – By Vehicle Type
Based on vehicle type, Global Automotive Alloy Wheels Market is split into Passenger Cars and Commercial Vehicles segments. The commercial vehicles segment holds a larger share in the market, reflecting a growing demand for alloy wheels in the commercial automotive sector. The shift underscores the importance of alloy wheels not only in enhancing the aesthetics and performance of passenger cars but also in meeting the robust requirements of commercial vehicles. As industries evolve and transportation needs expand, the commercial vehicles segment emerges as a key driver in shaping the dynamics of the Global Automotive Alloy Wheels Market.
Global Automotive Alloy Wheels Market – By Finishing Type
Based on finishing type, Global Automotive Alloy Wheels Market is divided into Polished Alloy Wheels, Two-toned Alloy Wheels, and Painted Alloy Wheels segments. The painted alloy wheels segment appears to be a significant contributor, reflecting the market's emphasis on aesthetic customization and diverse color options. The segment's popularity suggests a consumer preference for personalized and visually appealing automotive designs, driving the demand for painted alloy wheels in the global market.
Competitive Landscape
Global Automotive Alloy Wheels Market is fiercely competitive. Major companies in the market include MHT Luxury Wheels, Status Wheels Inc., Wheel Pros LLC, SOTA Offroad, Enkei Wheels India Ltd, Ronal AG, Borbet, CM Wheels, and Foshan Nanhai Zhongnan Aluminum Wheel Co. Ltd. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Global Automotive Alloy Wheels Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Automotive Alloy Wheels Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Global Automotive Alloy Wheels Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

1. Research Framework: 1.1. Research Objective; 1.2. Product Overview; 1.3. Market Segmentation
2. Executive Summary
3. Global Automotive Alloy Wheels Market Insights: 3.1. Industry Value Chain Analysis; 3.2. DROC Analysis; 3.2.1. Growth Drivers; 3.2.1.1. Growing preference for lightweight wheels; 3.2.1.2. Aesthetic appeal; 3.2.2. Restraints; 3.2.2.1. Expensive manufacturing cost; 3.2.2.2. High maintenance costs; 3.2.3. Opportunities; 3.2.3.1. Growing automotive industry; 3.2.3.2. Customization trend; 3.2.4. Challenges; 3.2.4.1. Market competition; 3.2.4.2. Fluctuations in raw material prices; 3.3. Technological Advancements/Recent Developments; 3.4. Regulatory Framework; 3.5. Porter’s Five Forces Analysis; 3.5.1. Bargaining Power of Suppliers; 3.5.2. Bargaining Power of Buyers; 3.5.3. Threat of New Entrants; 3.5.4. Threat of Substitutes; 3.5.5. Intensity of Rivalry
4. Global Automotive Alloy Wheels Market Overview: 4.1. Market Size & Forecast, 2019–2030; 4.1.1. By Value (USD Billion); 4.2. Market Share and Forecast; 4.2.1. By Vehicle Type; 4.2.1.1. Passenger Cars; 4.2.1.2. Commercial Vehicles; 4.2.2. By Finishing Type; 4.2.2.1. Polished Alloy Wheels; 4.2.2.2. Two-toned Alloy Wheels; 4.2.2.3. Painted Alloy Wheels; 4.2.2.4. Others; 4.2.3. By Rim Size; 4.2.3.1. 12”–17”; 4.2.3.2. 18”–21”; 4.2.3.3. More than 22”; 4.2.4. By Sales Channel; 4.2.4.1. OEM; 4.2.4.2. Aftermarket; 4.2.5. By Region; 4.2.5.1. North America; 4.2.5.2. Europe; 4.2.5.3. Asia Pacific (APAC); 4.2.5.4. Latin America (LATAM); 4.2.5.5. Middle East and Africa (MEA)
5. North America Automotive Alloy Wheels Market: 5.1. Market Size & Forecast, 2019–2030; 5.1.1. By Value (USD Billion); 5.2. Market Share & Forecast; 5.2.1. By Vehicle Type; 5.2.2. By Finishing Type; 5.2.3. By Rim Size; 5.2.4. By Sales Channel; 5.2.5. By Country; 5.2.5.1. United States; 5.2.5.1.1. By Vehicle Type; 5.2.5.1.2. By Finishing Type; 5.2.5.1.3. By Rim Size; 5.2.5.1.4. By Sales Channel; 5.2.5.2. Canada; 5.2.5.2.1. By Vehicle Type; 5.2.5.2.2. By Finishing Type; 5.2.5.2.3. By Rim Size; 5.2.5.2.4. By Sales Channel
6. Europe Automotive Alloy Wheels Market: 6.1. Market Size & Forecast, 2019–2030; 6.1.1. By Value (USD Billion); 6.2. Market Share & Forecast; 6.2.1. By Vehicle Type; 6.2.2. By Finishing Type; 6.2.3. By Rim Size; 6.2.4. By Sales Channel; 6.2.5. By Country; 6.2.5.1. Germany; 6.2.5.1.1. By Vehicle Type; 6.2.5.1.2. By Finishing Type; 6.2.5.1.3. By Rim Size; 6.2.5.1.4. By Sales Channel; 6.2.5.2. United Kingdom; 6.2.5.2.1. By Vehicle Type; 6.2.5.2.2. By Finishing Type; 6.2.5.2.3. By Rim Size; 6.2.5.2.4. By Sales Channel; 6.2.5.3. Italy; 6.2.5.3.1. By Vehicle Type; 6.2.5.3.2. By Finishing Type; 6.2.5.3.3. By Rim Size; 6.2.5.3.4. By Sales Channel; 6.2.5.4. France; 6.2.5.4.1. By Vehicle Type; 6.2.5.4.2. By Finishing Type; 6.2.5.4.3. By Rim Size; 6.2.5.4.4. By Sales Channel; 6.2.5.5. Spain; 6.2.5.5.1. By Vehicle Type; 6.2.5.5.2. By Finishing Type; 6.2.5.5.3. By Rim Size; 6.2.5.5.4. By Sales Channel; 6.2.5.6. Belgium; 6.2.5.6.1. By Vehicle Type; 6.2.5.6.2. By Finishing Type; 6.2.5.6.3. By Rim Size; 6.2.5.6.4. By Sales Channel; 6.2.5.7. Russia; 6.2.5.7.1. By Vehicle Type; 6.2.5.7.2. By Finishing Type; 6.2.5.7.3. By Rim Size; 6.2.5.7.4. By Sales Channel; 6.2.5.8. The Netherlands; 6.2.5.8.1. By Vehicle Type; 6.2.5.8.2. By Finishing Type; 6.2.5.8.3. By Rim Size; 6.2.5.8.4. By Sales Channel; 6.2.5.9. Rest of Europe; 6.2.5.9.1. By Vehicle Type; 6.2.5.9.2. By Finishing Type; 6.2.5.9.3. By Rim Size; 6.2.5.9.4. By Sales Channel
7. Asia Pacific Automotive Alloy Wheels Market: 7.1. Market Size & Forecast, 2019–2030; 7.1.1. By Value (USD Billion); 7.2. Market Share & Forecast; 7.2.1. By Vehicle Type; 7.2.2. By Finishing Type; 7.2.3. By Rim Size; 7.2.4. By Sales Channel; 7.2.5. By Country; 7.2.5.1. China; 7.2.5.1.1. By Vehicle Type; 7.2.5.1.2. By Finishing Type; 7.2.5.1.3. By Rim Size; 7.2.5.1.4. By Sales Channel; 7.2.5.2. India; 7.2.5.2.1. By Vehicle Type; 7.2.5.2.2. By Finishing Type; 7.2.5.2.3. By Rim Size; 7.2.5.2.4. By Sales Channel; 7.2.5.3. Japan; 7.2.5.3.1. By Vehicle Type; 7.2.5.3.2. By Finishing Type; 7.2.5.3.3. By Rim Size; 7.2.5.3.4. By Sales Channel; 7.2.5.4. South Korea; 7.2.5.4.1. By Vehicle Type; 7.2.5.4.2. By Finishing Type; 7.2.5.4.3. By Rim Size; 7.2.5.4.4. By Sales Channel; 7.2.5.5. Australia & New Zealand; 7.2.5.5.1. By Vehicle Type; 7.2.5.5.2. By Finishing Type; 7.2.5.5.3. By Rim Size; 7.2.5.5.4. By Sales Channel; 7.2.5.6. Indonesia; 7.2.5.6.1. By Vehicle Type; 7.2.5.6.2. By Finishing Type; 7.2.5.6.3. By Rim Size; 7.2.5.6.4. By Sales Channel; 7.2.5.7. Malaysia; 7.2.5.7.1. By Vehicle Type; 7.2.5.7.2. By Finishing Type; 7.2.5.7.3. By Rim Size; 7.2.5.7.4. By Sales Channel; 7.2.5.8. Singapore; 7.2.5.8.1. By Vehicle Type; 7.2.5.8.2. By Finishing Type; 7.2.5.8.3. By Rim Size; 7.2.5.8.4. By Sales Channel; 7.2.5.9. Vietnam; 7.2.5.9.1. By Vehicle Type; 7.2.5.9.2. By Finishing Type; 7.2.5.9.3. By Rim Size; 7.2.5.9.4. By Sales Channel; 7.2.5.10. Rest of APAC; 7.2.5.10.1. By Vehicle Type; 7.2.5.10.2. By Finishing Type; 7.2.5.10.3. By Rim Size; 7.2.5.10.4. By Sales Channel
8. Latin America Automotive Alloy Wheels Market: 8.1. Market Size & Forecast, 2019–2030; 8.1.1. By Value (USD Billion); 8.2. Market Share & Forecast; 8.2.1. By Vehicle Type; 8.2.2. By Finishing Type; 8.2.3. By Rim Size; 8.2.4. By Sales Channel; 8.2.5. By Country; 8.2.5.1. Brazil; 8.2.5.1.1. By Vehicle Type; 8.2.5.1.2. By Finishing Type; 8.2.5.1.3. By Rim Size; 8.2.5.1.4. By Sales Channel; 8.2.5.2. Mexico; 8.2.5.2.1. By Vehicle Type; 8.2.5.2.2. By Finishing Type; 8.2.5.2.3. By Rim Size; 8.2.5.2.4. By Sales Channel; 8.2.5.3. Argentina; 8.2.5.3.1. By Vehicle Type; 8.2.5.3.2. By Finishing Type; 8.2.5.3.3. By Rim Size; 8.2.5.3.4. By Sales Channel; 8.2.5.4. Peru; 8.2.5.4.1. By Vehicle Type; 8.2.5.4.2. By Finishing Type; 8.2.5.4.3. By Rim Size; 8.2.5.4.4. By Sales Channel; 8.2.5.5. Rest of LATAM; 8.2.5.5.1. By Vehicle Type; 8.2.5.5.2. By Finishing Type; 8.2.5.5.3. By Rim Size; 8.2.5.5.4. By Sales Channel
9. Middle East and Africa Automotive Alloy Wheels Market: 9.1. Market Size & Forecast, 2019–2030; 9.1.1. By Value (USD Billion); 9.2. Market Share & Forecast; 9.2.1. By Vehicle Type; 9.2.2. By Finishing Type; 9.2.3. By Rim Size; 9.2.4. By Sales Channel; 9.2.5. By Country; 9.2.5.1. Saudi Arabia; 9.2.5.1.1. By Vehicle Type; 9.2.5.1.2. By Finishing Type; 9.2.5.1.3. By Rim Size; 9.2.5.1.4. By Sales Channel; 9.2.5.2. UAE; 9.2.5.2.1. By Vehicle Type; 9.2.5.2.2. By Finishing Type; 9.2.5.2.3. By Rim Size; 9.2.5.2.4. By Sales Channel; 9.2.5.3. Qatar; 9.2.5.3.1. By Vehicle Type; 9.2.5.3.2. By Finishing Type; 9.2.5.3.3. By Rim Size; 9.2.5.3.4. By Sales Channel; 9.2.5.4. Kuwait; 9.2.5.4.1. By Vehicle Type; 9.2.5.4.2. By Finishing Type; 9.2.5.4.3. By Rim Size; 9.2.5.4.4. By Sales Channel; 9.2.5.5. South Africa; 9.2.5.5.1. By Vehicle Type; 9.2.5.5.2. By Finishing Type; 9.2.5.5.3. By Rim Size; 9.2.5.5.4. By Sales Channel; 9.2.5.6. Nigeria; 9.2.5.6.1. By Vehicle Type; 9.2.5.6.2. By Finishing Type; 9.2.5.6.3. By Rim Size; 9.2.5.6.4. By Sales Channel; 9.2.5.7. Algeria; 9.2.5.7.1. By Vehicle Type; 9.2.5.7.2. By Finishing Type; 9.2.5.7.3. By Rim Size; 9.2.5.7.4. By Sales Channel; 9.2.5.8. Rest of MEA; 9.2.5.8.1. By Vehicle Type; 9.2.5.8.2. By Finishing Type; 9.2.5.8.3. By Rim Size; 9.2.5.8.4. By Sales Channel
10. Competitive Landscape: 10.1. List of Key Players and Their Vehicle Types; 10.2. Global Automotive Alloy Wheels Market Share Analysis, 2022; 10.3. Competitive Benchmarking, By Operating Parameters; 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Automotive Alloy Wheels Market
12. Impact of Geopolitical Tension on Global Automotive Alloy Wheels Market
13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis): 13.1. MHT Luxury Wheels; 13.2. Status Wheels Inc.; 13.3. Wheel Pros LLC; 13.4. SOTA Offroad; 13.5. Enkei Wheels India Ltd; 13.6. Ronal AG; 13.7. BORBET; 13.8. CM Wheels; 13.9. Foshan Nanhai Zhongnan Aluminum Wheel Co. Ltd; 13.10. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology: 15.1. Qualitative Research; 15.1.1. Primary & Secondary Research; 15.2. Quantitative Research; 15.3. Market Breakdown & Data Triangulation; 15.3.1. Secondary Research; 15.3.2. Primary Research; 15.4. Breakdown of Primary Research Respondents, By Region; 15.5. Assumptions & Limitations; *Financial information of non-listed companies can be provided as per availability.; **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

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Automotive Alloy Wheels Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles); By Finishing Type (Polished Alloy Wheels, Two-toned Alloy Wheels, Painted All

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Automotive Alloy Wheels Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles); By Finishing Type (Polished Alloy Wheels, Two-toned Alloy Wheels, Painted All

Aluminum Alloy Wheels Market Analysis and Forecast to 2031: By Finishing Type (Polished Alloy Wheel, Two-toned Alloy Wheel, Others), Application (Passenger Cars, Commercial Vehicles), and Region

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

Alloy Wheels Market by Material Type (Aluminum Alloy, Magnesium Alloy, Titanium Alloy), Type (Casting, Forging), Rim Size, Vehicle Type, Distribution - Global Forecast 2024-2030

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