Global Aluminium Alloy Wheel Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Aluminium Alloy Wheel Industry Forecast” looks at past sales and reviews total world Aluminium Alloy Wheel sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminium Alloy Wheel sales for 2023 through 2029. With Aluminium Alloy Wheel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminium Alloy Wheel industry.
This Insight Report provides a comprehensive analysis of the global Aluminium Alloy Wheel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminium Alloy Wheel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminium Alloy Wheel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminium Alloy Wheel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminium Alloy Wheel.
The global Aluminium Alloy Wheel market size is projected to grow from US$ 19850 million in 2022 to US$ 21640 million in 2029; it is expected to grow at a CAGR of 21640 from 2023 to 2029.
The top four global manufacturers of aluminium alloy Wheels are Borbet, Ronal Wheels, Enkei Wheels and Citic Dicastal, which together account for about 40% of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Alloy Wheel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Casting
Forging
Other
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Borbet
Ronal Wheels
Enkei Wheels
Superior Industries
Alcoa
Iochpe-Maxion
Uniwheel Group
Accuride
YHI International Limited
Topy Group
CITIC Dicastal
Lizhong Group
Wanfeng Auto
Kunshan Liufeng
Zhejiang Jinfei
Yueling Wheels
Zhongnan Aluminum Wheels
Anchi Aluminum Wheel
Guangdong Dcenti Auto-Parts
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aluminium Alloy Wheel market?
What factors are driving Aluminium Alloy Wheel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aluminium Alloy Wheel market opportunities vary by end market size?
How does Aluminium Alloy Wheel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook