Global Passenger Vehicle Aluminum Alloy Wheel Market Growth 2023-2029

Global Passenger Vehicle Aluminum 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 “Passenger Vehicle Aluminum Alloy Wheel Industry Forecast” looks at past sales and reviews total world Passenger Vehicle Aluminum Alloy Wheel sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Vehicle Aluminum Alloy Wheel sales for 2023 through 2029. With Passenger Vehicle Aluminum Alloy Wheel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Vehicle Aluminum Alloy Wheel industry.

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

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

The global Passenger Vehicle Aluminum Alloy Wheel market size is projected to grow from US$ 18000 million in 2022 to US$ 21840 million in 2029; it is expected to grow at a CAGR of 21840 from 2023 to 2029.

Global Aluminum Alloy Wheels main players are CITIC Dicastal, Borbet, Ronal Wheels, Alcoa, Superior Industries, etc. Global top five manufacturers hold a share over 40%. Asia-Pacific is the largest market, with a share nearly 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Vehicle Aluminum 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
Sedan & Hatchback
SUV
Other

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.
CITIC Dicastal
Borbet
Ronal Wheels
Superior Industries
Enkei Wheels
Lizhong Group
Alcoa
Wanfeng Auto
Iochpe-Maxion
Zhejiang Jinfei Holding Group
Topy Group
Zhongnan Aluminum Wheels
Accuride
Steel Strips Wheels

Key Questions Addressed in this Report

What is the 10-year outlook for the global Passenger Vehicle Aluminum Alloy Wheel market?

What factors are driving Passenger Vehicle Aluminum Alloy Wheel market growth, globally and by region?

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

How do Passenger Vehicle Aluminum Alloy Wheel market opportunities vary by end market size?

How does Passenger Vehicle Aluminum 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.