Global Aluminium Alloy Wheel Market Growth 2023-2029

Global Aluminium Alloy Wheel Market Growth 2023-2029

Product Code:450759

Published Date: Feb 08,2023

Pages: 111

Region: Global

Category: Automobile & Transportation

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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?