Global Automotive Aluminum Alloy Wheels Market Growth 2023-2029

Global Automotive Aluminum Alloy Wheels Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Automotive Aluminum Alloy Wheels Industry Forecast” looks at past sales and reviews total world Automotive Aluminum Alloy Wheels sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Aluminum Alloy Wheels sales for 2023 through 2029. With Automotive Aluminum Alloy Wheels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Aluminum Alloy Wheels industry.
This Insight Report provides a comprehensive analysis of the global Automotive Aluminum Alloy Wheels 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 Automotive Aluminum Alloy Wheels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Aluminum Alloy Wheels market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Aluminum Alloy Wheels 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 Automotive Aluminum Alloy Wheels.
The global Automotive Aluminum Alloy Wheels market size is projected to grow from US$ 13690 million in 2022 to US$ 16260 million in 2029; it is expected to grow at a CAGR of 16260 from 2023 to 2029.
In China, North China is the largest market, with a share about 60%, followed by East China and South China, total have a share about 35 percent. In terms of product, Casting is the largest segment, with a share about 80%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminum Alloy Wheels 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.
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
Zhejiang Jinfei
Wanfeng Auto
Lizhong
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel
Enkei Wheels
Accuride
Topy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Aluminum Alloy Wheels market?
What factors are driving Automotive Aluminum Alloy Wheels market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Aluminum Alloy Wheels market opportunities vary by end market size?
How does Automotive Aluminum Alloy Wheels 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.