Global Aluminum Alloy Automotive Wheels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Aluminum Alloy Automotive Wheels market size was valued at USD 14400 million in 2023 and is forecast to a readjusted size of USD 18260 million by 2030 with a CAGR of 3.5% during review period.
Automotive Aluminum Alloy Wheel is made by the aluminum alloy. The aluminum alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
The Global Info Research report includes an overview of the development of the Aluminum Alloy Automotive Wheels industry chain, the market status of Ordinary Cars (Forging Aluminum Alloy Wheels, Casting Aluminum Alloy Wheels), Sports Cars (Forging Aluminum Alloy Wheels, Casting Aluminum Alloy Wheels), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aluminum Alloy Automotive Wheels.
Regionally, the report analyzes the Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels 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., Forging Aluminum Alloy Wheels, Casting Aluminum Alloy Wheels).
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 Aluminum Alloy Automotive Wheels market.
Regional Analysis: The report involves examining the Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aluminum Alloy Automotive Wheels:
Company Analysis: Report covers individual Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Ordinary Cars, Sports Cars).
Technology Analysis: Report covers specific technologies relevant to Aluminum Alloy Automotive Wheels. It assesses the current state, advancements, and potential future developments in Aluminum Alloy Automotive Wheels areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aluminum Alloy Automotive Wheels 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
Aluminum Alloy Automotive Wheels 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
Forging Aluminum Alloy Wheels
Casting Aluminum Alloy Wheels
Market segment by Application
Ordinary Cars
Sports Cars
SUV
MPV
Others
Major players covered
Enkei Wheels
CM Wheels
Topy Group
Borbet
Ronal Wheels
Superior Industries
Uniwheel Group
Maxion Wheels
CiTiC Dicastal Wheel Manufacturing
Wanfeng Group
YHI International Limited
Anchi Aluminium Wheel
Foshan Nanhai Zhongnan Aluminum Wheel
Guangdong Dcenti Auto-Parts Stock Limited
Brock
Alutec
Gmp Italia
Fondmetal
Rimstock
Borbet GmbH
Kosei
OXXO Alloy Wheels
Breyton
ALCAR Group
Endurance Technologies Private Limited
Kosei Minda Aluminum Company Limited
AURA Alloy Wheels
Stamford Sport Wheels
Bright Wheels (Thailand)
FUTEK ALLOY
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 Aluminum Alloy Automotive Wheels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aluminum Alloy Automotive Wheels, with price, sales, revenue and global market share of Aluminum Alloy Automotive Wheels from 2019 to 2024.
Chapter 3, the Aluminum Alloy Automotive Wheels competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels 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 Aluminum Alloy Automotive Wheels.
Chapter 14 and 15, to describe Aluminum Alloy Automotive Wheels sales channel, distributors, customers, research findings and conclusion.