Global Alloy Aluminum Forged Wheel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Alloy Aluminum Forged Wheel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Alloy Aluminum Forged Wheel market size was valued at USD 3651.7 million in 2023 and is forecast to a readjusted size of USD 5130.3 million by 2030 with a CAGR of 5.0% during review period.

Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels. Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels.

Forged wheels are typically around 25% lighter than cast wheels (and potentially even more).



Global Forged Alloy Alumunium Wheel key players include CITIC Dicastal, Superior Industries, Alcoa, Gemsy Wheels, BBS GmbH, etc. Global top five manufacturers hold a share over 35%.

Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share over 45 percent.

In terms of product, OEM is the largest segment, with a share over 90%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.

The Global Info Research report includes an overview of the development of the Alloy Aluminum Forged Wheel industry chain, the market status of Passenger Vehicle (Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy, Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy), Commercial Vehicle (Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy, Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Alloy Aluminum Forged Wheel.

Regionally, the report analyzes the Alloy Aluminum Forged Wheel markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Alloy Aluminum Forged Wheel market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Alloy Aluminum Forged Wheel market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Alloy Aluminum Forged Wheel industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy, Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Alloy Aluminum Forged Wheel market.

Regional Analysis: The report involves examining the Alloy Aluminum Forged Wheel market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Alloy Aluminum Forged Wheel market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Alloy Aluminum Forged Wheel:

Company Analysis: Report covers individual Alloy Aluminum Forged Wheel manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Alloy Aluminum Forged Wheel This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).

Technology Analysis: Report covers specific technologies relevant to Alloy Aluminum Forged Wheel. It assesses the current state, advancements, and potential future developments in Alloy Aluminum Forged Wheel areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Alloy Aluminum Forged Wheel market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Alloy Aluminum Forged Wheel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy
Aluminum-magnesium-silicon-copper Deformed Aluminum Alloy

Market segment by Application
Passenger Vehicle
Commercial Vehicle

Major players covered
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Wanfeng Auto
Lizhong Group
Enkei Wheels
Zhejiang Jinfei
Jiangsu Pomlead

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Alloy Aluminum Forged Wheel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Alloy Aluminum Forged Wheel, with price, sales, revenue and global market share of Alloy Aluminum Forged Wheel from 2019 to 2024.

Chapter 3, the Alloy Aluminum Forged Wheel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Alloy Aluminum Forged Wheel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Alloy Aluminum Forged Wheel market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Alloy Aluminum Forged Wheel.

Chapter 14 and 15, to describe Alloy Aluminum Forged Wheel sales channel, distributors, customers, research findings and conclusion.