Europe Automotive Carbon Wheels Market Size, Share & Industry Trends Analysis Report By Distribution Channel (OEM and Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Two Wheelers), By Country and Growth Forecast, 2022 - 2028

Europe Automotive Carbon Wheels Market Size, Share & Industry Trends Analysis Report By Distribution Channel (OEM and Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Two Wheelers), By Country and Growth Forecast, 2022 - 2028

The Europe Automotive Carbon Wheels Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).

Carbon wheels improve the bicycle's economy and performance in cycling competitions, straights, trails, and curves, but especially in ascents, which would become less tiresome and much faster to complete. Cycling would no longer be a humiliating endeavour, as these high-performance wheels would deliver outstanding results. Carbon fibre has a huge capacity for impact absorption. When cycling on the carbon wheels, customers may notice a substantial difference in the impact of their legs, arms, and torso. Physically harsh impacts would become less painful and more easily supported.

Carbon fibre offers for a wide range of wheel options. Wheels with various profiles, hubs, and rim widths, and also carbon spokes, various weights and measurements, are available, with a wide range of models for the same sort of use.

During the moulding process, a strong, lightweight foam is introduced into the inside cavity of the wheel to assure the internal layer of the carbon keeps its shape and position. The finished wheel has little structural strength because of the foam. Each wheel has a completely cosmetic top layer of carbon fibre and a glossy epoxy coating on the outside. The top layer's appearance-focused approach makes way for customized styles.

The existence of significant auto manufacturers in the Europe region that use carbon fibre composite materials in their vehicles, such as Porsche, Mercedes-Benz, Audi, BMW, Ferrari, and Lamborghini, as well as a strong focus on material science for constructing light automotive composite materials like carbon fibre automotive rims & wheels, are anticipated to help the growth of the carbon wheels market in Europe during the forecast period. Furthermore, automakers are forming new alliances and introducing novel carbon fibre technologies for the development of vehicle components.

The large presence of OEMs in Europe, and also their focus on carbon fibre wheels because of the functional benefits these wheels bring, is strengthening Europe's share of the automotive carbon wheel market. BMW AG, for example, introduced carbon composite wheels in 2016 and sold them with their M4 GTS model. The company also developed metal alloy hybrid carbon wheels and emissions fibre composite equipment. In addition, regional automobile wheel manufacturers are collaborating with OEMs to develop innovative carbon wheel products.

The Germany market dominated the Europe Automotive Carbon Wheels Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $75.8 million by 2028. The UK market is poised to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The France market would display a CAGR of 9.5% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Type, the market is segmented into Passenger Cars, Commercial Vehicles, and Two Wheelers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carbon Revolution Ltd., Thyssenkrupp AG, Hitachi Metals, Ltd. (Hitachi, Ltd.), Dymag Group Limited, HRE Performance Wheels, Litespeed Racing Inc., Rolko Kohlgrüber GmbH, Ronal Group, Rotobox d.o.o., and ESE Carbon Company.

Scope of the Study

Market Segments covered in the Report:

By Distribution Channel

  • OEM
  • Aftermarket
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Carbon Revolution Ltd.
  • Thyssenkrupp AG
  • Hitachi Metals, Ltd. (Hitachi, Ltd.)
  • Dymag Group Limited
  • HRE Performance Wheels
  • Litespeed Racing Inc.
  • Rolko Kohlgrüber GmbH
  • Ronal Group
  • Rotobox d.o.o.
  • ESE Carbon Company
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Carbon Wheels Market, by Distribution Channel
1.4.2 Europe Automotive Carbon Wheels Market, by Vehicle Type
1.4.3 Europe Automotive Carbon Wheels Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Automotive Carbon Wheels Market by Distribution Channel
3.1 Europe OEM Market by Country
3.2 Europe Aftermarket Market by Country
Chapter 4. Europe Automotive Carbon Wheels Market by Vehicle Type
4.1 Europe Passenger Cars Market by Country
4.2 Europe Commercial Vehicles Market by Country
4.3 Europe Two Whelers Market by Country
Chapter 5. Europe Automotive Carbon Wheels Market by Country
5.1 Germany Automotive Carbon Wheels Market
5.1.1 Germany Automotive Carbon Wheels Market by Distribution Channel
5.1.2 Germany Automotive Carbon Wheels Market by Vehicle Type
5.2 UK Automotive Carbon Wheels Market
5.2.1 UK Automotive Carbon Wheels Market by Distribution Channel
5.2.2 UK Automotive Carbon Wheels Market by Vehicle Type
5.3 France Automotive Carbon Wheels Market
5.3.1 France Automotive Carbon Wheels Market by Distribution Channel
5.3.2 France Automotive Carbon Wheels Market by Vehicle Type
5.4 Russia Automotive Carbon Wheels Market
5.4.1 Russia Automotive Carbon Wheels Market by Distribution Channel
5.4.2 Russia Automotive Carbon Wheels Market by Vehicle Type
5.5 Spain Automotive Carbon Wheels Market
5.5.1 Spain Automotive Carbon Wheels Market by Distribution Channel
5.5.2 Spain Automotive Carbon Wheels Market by Vehicle Type
5.6 Italy Automotive Carbon Wheels Market
5.6.1 Italy Automotive Carbon Wheels Market by Distribution Channel
5.6.2 Italy Automotive Carbon Wheels Market by Vehicle Type
5.7 Rest of Europe Automotive Carbon Wheels Market
5.7.1 Rest of Europe Automotive Carbon Wheels Market by Distribution Channel
5.7.2 Rest of Europe Automotive Carbon Wheels Market by Vehicle Type
Chapter 6. Company Profiles
6.1 Carbon Revolution Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.2 Thyssenkrupp AG
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.3 Hitachi Metals, Ltd. (Hitachi, Ltd.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Dymag Group Limited
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Partnerships, Collaborations, and Agreements:
6.5 HRE Performance Wheels
6.5.1 Company Overview
6.6 Litespeed Racing, Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 Rolko Kohlgrüber GmbH
6.7.1 Company Overview
6.8 Ronal Group
6.8.1 Company Overview
6.9 Rotobox d.o.o.
6.9.1 Company Overview
6.10. ESE Carbon Company
6.10.1 Company Overview

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