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

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

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.

According to our (Global Info Research) latest study, the global Forged Alloy Aluminum Wheel market size was valued at US$ 4147 million in 2023 and is forecast to a readjusted size of USD 7177 million by 2030 with a CAGR of 6.4% during review period.

Global core manufacturers of Forged Alloy Aluminum Wheel include Arconic, Otto Fuchs, Superior Industries, CITIC Dicastal and Hongxin Wheel. North America is the largest consumption region, accounting for approximately 43% of the global market. In terms of type, aftermarket is the largest market segment, with a share of more than 63%. In terms of application, the largest application is passenger vehicle, with a share of approximately 52%.

This report is a detailed and comprehensive analysis for global Forged Alloy Aluminum Wheel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Forged Alloy Aluminum Wheel market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Forged Alloy Aluminum Wheel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Forged Alloy Aluminum Wheel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Forged Alloy Aluminum Wheel market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Forged Alloy Aluminum Wheel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Forged Alloy Aluminum Wheel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arconic, Otto Fuchs, Superior Industries, CITIC Dicastal, Hongxin Wheel, Borbet, Accuride, BBS JAPAN, Ronal Wheels, RAYS Wheels, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Forged Alloy Aluminum 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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
OEM
Aftermarket

Market segment by Application
Passenger Vehicle
Commercial Vehicle

Major players covered
Arconic
Otto Fuchs
Superior Industries
CITIC Dicastal
Hongxin Wheel
Borbet
Accuride
BBS JAPAN
Ronal Wheels
RAYS Wheels
Lizhong Group
Pomlead
Zeroneal
Zhengxing Group
SAI

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 Forged Alloy Aluminum Wheel product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Forged Alloy Aluminum 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Forged Alloy Aluminum Wheel market forecast, by regions, by Type, and by 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 Forged Alloy Aluminum Wheel.

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