Global Automotive Magnesium Alloy Wheel Market Growth 2023-2029

Global Automotive Magnesium Alloy Wheel Market Growth 2023-2029

The global Automotive Magnesium Alloy Wheel market size is projected to grow from US$ 11840 million in 2022 to US$ 14570 million in 2029; it is expected to grow at a CAGR of 3.0% from 2023 to 2029.

United States market for Automotive Magnesium Alloy Wheel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automotive Magnesium Alloy Wheel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automotive Magnesium Alloy Wheel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automotive Magnesium Alloy Wheel players cover Accuride Corporation, ALCAR Wheels GmbH, Automotive Wheels Ltd., Central Motor Wheel of America, Inc., CLN Coils Lamiere Nastri SpA, Klassic Wheels Limited, MAXION Wheels, Steel Strips Group and The Carlstar Group, LLC., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

LPI (LP Information)' newest research report, the “Automotive Magnesium Alloy Wheel Industry Forecast” looks at past sales and reviews total world Automotive Magnesium Alloy Wheel sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Magnesium Alloy Wheel sales for 2023 through 2029. With Automotive Magnesium Alloy Wheel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Magnesium Alloy Wheel industry.

This Insight Report provides a comprehensive analysis of the global Automotive Magnesium 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 Automotive Magnesium Alloy Wheel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Magnesium Alloy Wheel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Magnesium 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 Automotive Magnesium Alloy Wheel.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Magnesium Alloy Wheel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
16 Inches - 18 Inches
19 Inches - 21 Inches
More than 21 Inches

Segmentation by application
Commercial Vehicle
Passenger 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.
Accuride Corporation
ALCAR Wheels GmbH
Automotive Wheels Ltd.
Central Motor Wheel of America, Inc.
CLN Coils Lamiere Nastri SpA
Klassic Wheels Limited
MAXION Wheels
Steel Strips Group
The Carlstar Group, LLC.
Thyssenkrupp AG
Topy America, Inc.
U.S. Wheel Corp.
Yantai Baosteel Wheel Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Magnesium Alloy Wheel market?

What factors are driving Automotive Magnesium Alloy Wheel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Magnesium Alloy Wheel market opportunities vary by end market size?

How does Automotive Magnesium 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.