Global Automotive Wheel Hubs Market Growth 2023-2029

Global Automotive Wheel Hubs Market Growth 2023-2029

Automotive wheel hub is the circular metal parts within the auto tire intended to rotate on an axle bearing. Wheel hub can be divided into different categories according to its diameter, width and materials.

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

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

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

The global Automotive Wheel Hubs market size is projected to grow from US$ 23000 million in 2022 to US$ 30360 million in 2029; it is expected to grow at a CAGR of 30360 from 2023 to 2029.

China is the largest Automotive Wheel Hubs market with about 53% market share. Japan is follower, accounting for about 11% market share.

The key players are Dicastal, Maxion, CMW, Enkei, Ronal, Borbet, Zenix, Superior, Alcoa, Accuride, Lioho, Uniwheel, Lizhong, Wanfeng, Shengwang, Jinfei, Faway etc. Top 3 companies occupied about 33% market share.

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

Market Segmentation:

Segmentation by type

Steel Wheel Hub

Alloy Wheel Hub

Others

Segmentation by application

Passenger Cars

Commercial Vehicles

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.

Dicastal

Maxion

CMW

Enkei

Ronal

Borbet

Zenix

Superior

Alcoa

Accuride

Lioho

Uniwheel

Lizhong

Wanfeng

Shengwang

Jinfei

Faway

Key Questions Addressed in this Report

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

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

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

How do Automotive Wheel Hubs market opportunities vary by end market size?

How does Automotive Wheel Hubs 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.