Automotive Wheel Market Is Set to Witness an Exponential Growth of 4.6% In The Next 5 Years | Industry Size-Share, Trends, Growing Demands, Future Plans, Sales-Revenue, Key Suppliers and SWOT Analysis Till 2028 – Yahoo Finance

Pune, Sept. 13, 2022 (GLOBE NEWSWIRE) — The “Automotive Wheel Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of top key players. The Automotive Wheel market report covers market size, share, and growth outlook in terms of CAGR status and revenue estimations. This 98 Pages report delivers competitive landscape analysis (business profiles, investments opportunity, new plans, technological advancements) and segmentation details (mainly type and applications) with geographical representation. Furthermore, the research report gives details on the import-export scenario, supply-demand scenario, and SWOT analysis over the forecast period.
Get a Sample PDF of report –
Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
Due to the COVID-19 pandemic, the global Automotive Wheel market size is estimated to be worth US$ 41350 million in 2022 and is forecast to a readjusted size of US$ 54280 million by 2028 with a CAGR of 4.6% during the review period.
Alloy wheels are becoming popular due to their aesthetic appeal. They are light weight and dissipate heat from tires and brakes more effectively as compared to steel wheels. Moreover, increase in capital investment and R&D spending by OEMs, particularly on passenger cars boosts the market growth. The automotive wheel market is powered by shifting trend toward light weighted aesthetically appealing cars and has witnessed considerable growth in the developed as well as developing regions. Automotive giants are increasingly focusing on manufacturing light weight vehicles in response to growth in concern for environmental pollution.

The Research Report focuses on the competitive landscape of the industry including company profiles, business overview, sales area, market performance, and manufacturing cost structure. The report analyzes the global primary production, consumption, and fastest-growing countries with prominent players in the global industry. Key market observation is shown to make key findings on business growth. In the competitive assessment section, this Automotive Wheel market report sheds light on the list of manufacturers, market conditions, current trends, company profiles, and market innovations. It also includes various growth opportunities for top players.
Get A Sample Copy Of The Automotive Wheel Market Report 2022-2028
The Global Automotive Wheel Market forecast is based on an analysis of key player’s past and current performance. The report also takes into account various economic conditions prevailing in the key markets that have the potential to impact the market in the future. Thereby considering all the relevant factors market size of the Automotive Wheel market has been forecasted in the report.
Automotive Wheel Market Top Manufacturers: The report covers an extensive analysis of the key market players along with their business overview, expansion plans, and strategies. Top Key Players covered in the report are:
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
The Automotive Wheel market research report fully covers the major statistics of the production, value, profitability, capacity, supply/demand ratio, volume, and much more. The best possible updated information is showcased in figures, pie charts, tables, and graphs. These statistical representations offer predictive information regarding the upcoming estimations for convincing the growth of the Automotive Wheel market.
Based on types, the Automotive Wheel market from 2017 to 2028 is primarily split into:
Aluminum Alloy
Carbon Fiber
Based on applications, the Automotive Wheel market from 2017 to 2028 covers:
Original Equipment Manufacturer (OEM)
Enquire before purchasing this report
Geographically, the report includes research on production, consumption, revenue, market share and growth rate, and forecast (2017 -2028) of the following regions:
United States
Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
Latin America (Brazil, Mexico, Colombia)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Other Regions
Automotive Wheel market while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. A verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis of key market segments incorporated in the report have been delivered in weighted chapters.
Highlighted Key Points Covered in this Updated Research Reports Include:
Research reports involve the overall industry status worldwide.
Impact of Covid-19 on market growth, size, share, and sales.
Comprehensive analysis of market drives and manufacturers with the latest innovation.
Report provides country-wise economic business status and opportunities.
It is also providing an in-depth analysis of company profiles, production, value, price, and supply chain.
Major changes were seen in the competitive landscape.
Segmentation on the basis of types, applications, and regions.
New business development analysis and industry challenges.
What Automotive Wheel Market Report Is Going to Offers:
Global Automotive Wheel Market share assessments for the regional and country level segments
Automotive Wheel Market share analysis of the top industry players
Automotive Wheel Strategic recommendations for the new entrants
Global Automotive Wheel Market forecasts all the mentioned segments, sub segments, and the regional markets
Automotive Wheel Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the Automotive Wheel market estimations
Competitive landscaping mapping the key common trends
Automotive Wheel Company profiling with detailed strategies, financials, and recent developments
Automotive Wheel Supply chain trends mapping the latest technological advancements
Some of the key questions answered in this report:
Which are the five top players in the Automotive Wheel market?
How will the Automotive Wheel market change in the upcoming years?
Which product and application will take a share of the Automotive Wheel market?
What are the drivers and restraints of the Automotive Wheel market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Automotive Wheel market throughout the forecast period?
What is the current market size, what will the market size be in 2028 and what will the growth rate be?
What are the challenges to growth in the market?
What are the market opportunities and challenges faced by the key vendors?
Who are the major competitors and what is their strategy?
What are the barriers to entry for new players in the market?
Purchase this report (Price 4350 USD for a single-user license)
With tables and figures helping analyze worldwide Global Automotive Wheel market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Key Points From Table of Content:
1 Study Coverage
1.1 Automotive Wheel Product Introduction
1.2 Global Automotive Wheel Outlook 2017 VS 2022 VS 2028
1.2.1 Global Automotive Wheel Sales in US$ Million for the Year 2017-2028
1.2.2 Global Automotive Wheel Sales in Volume for the Year 2017-2028
1.3 United States Automotive Wheel Outlook 2017 VS 2022 VS 2028
1.3.1 United States Automotive Wheel Sales in US$ Million for the Year 2017-2028
1.3.2 United States Automotive Wheel Sales in Volume for the Year 2017-2028
1.4 Automotive Wheel Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4.1 The Market Share of United States Automotive Wheel in Global, 2017 VS 2022 VS 2028
1.4.2 The Growth Rate of Automotive Wheel Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.5 Automotive Wheel Market Dynamics
1.5.1 Automotive Wheel Industry Trends
1.5.2 Automotive Wheel Market Drivers
1.5.3 Automotive Wheel Market Challenges
1.5.4 Automotive Wheel Market Restraints
1.6 Study Objectives
1.7 Years Considered
2 Market by Type
2.1 Automotive Wheel Market Segment by Type
2.1.1 Aluminum Alloy
2.1.2 Steel
2.1.3 Carbon Fiber
2.2 Global Automotive Wheel Market Size by Type
2.2.1 Global Automotive Wheel Sales in Value, by Type (2017, 2022 & 2028)
2.2.2 Global Automotive Wheel Sales in Volume, by Type (2017, 2022 & 2028)
2.2.3 Global Automotive Wheel Average Selling Price (ASP) by Type (2017, 2022 & 2028)
2.3 United States Automotive Wheel Market Size by Type
2.3.1 United States Automotive Wheel Sales in Value, by Type (2017, 2022 & 2028)
2.3.2 United States Automotive Wheel Sales in Volume, by Type (2017, 2022 & 2028)
2.3.3 United States Automotive Wheel Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
3.1 Automotive Wheel Market Segment by Application
3.1.1 Original Equipment Manufacturer (OEM)
3.1.2 Aftermarket
3.2 Global Automotive Wheel Market Size by Application
3.2.1 Global Automotive Wheel Sales in Value, by Application (2017, 2022 & 2028)
3.2.2 Global Automotive Wheel Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 Global Automotive Wheel Average Selling Price (ASP) by Application (2017, 2022 & 2028)
3.3 United States Automotive Wheel Market Size by Application
3.3.1 United States Automotive Wheel Sales in Value, by Application (2017, 2022 & 2028)
3.3.2 United States Automotive Wheel Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 United States Automotive Wheel Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Automotive Wheel Competitor Landscape by Company
4.1 Global Automotive Wheel Market Size by Company
4.1.1 Top Global Automotive Wheel Manufacturers Ranked by Revenue (2021)
4.1.2 Global Automotive Wheel Revenue by Manufacturer (2017-2022)
4.1.3 Global Automotive Wheel Sales by Manufacturer (2017-2022)
4.1.4 Global Automotive Wheel Price by Manufacturer (2017-2022)
4.2 Global Automotive Wheel Concentration Ratio (CR)
4.2.1 Automotive Wheel Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Automotive Wheel in 2021
4.2.3 Global Automotive Wheel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Automotive Wheel Manufacturing Base Distribution, Product Type
4.3.1 Global Automotive Wheel Manufacturers, Headquarters and Distribution of Producing Region
4.3.2 Manufacturers Automotive Wheel Product Type
4.3.3 Date of International Manufacturers Enter into Automotive Wheel Market
4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
4.5 United States Automotive Wheel Market Size by Company
4.5.1 Top Automotive Wheel Players in United States, Ranked by Revenue (2021)
4.5.2 United States Automotive Wheel Revenue by Players (2020, 2021 & 2022)
4.5.3 United States Automotive Wheel Sales by Players (2020, 2021 & 2022)
5 Global Automotive Wheel Market Size by Region
5.1 Global Automotive Wheel Market Size by Region: 2017 VS 2022 VS 2028
5.2 Global Automotive Wheel Market Size in Volume by Region (2017-2028)
5.2.1 Global Automotive Wheel Sales in Volume by Region: 2017-2022
5.2.2 Global Automotive Wheel Sales in Volume Forecast by Region (2023-2028)
5.3 Global Automotive Wheel Market Size in Value by Region (2017-2028)
5.3.1 Global Automotive Wheel Sales in Value by Region: 2017-2022
5.3.2 Global Automotive Wheel Sales in Value by Region: 2023-2028
6 Segment in Region Level & Country Level
6.1 North America
6.2 Asia-Pacific
6.3 Europe
6.4 Latin America
6.5 Middle East and Africa
7 Company Profiles
7.1 Iochpe-Maxion
7.1.1 Iochpe-Maxion Corporation Information
7.1.2 Iochpe-Maxion Description and Business Overview
7.1.3 Iochpe-Maxion Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.1.4 Iochpe-Maxion Automotive Wheel Products Offered
7.1.5 Iochpe-Maxion Recent Development
7.2 CITIC Dicastal
7.2.1 CITIC Dicastal Corporation Information
7.2.2 CITIC Dicastal Description and Business Overview
7.2.3 CITIC Dicastal Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.2.4 CITIC Dicastal Automotive Wheel Products Offered
7.2.5 CITIC Dicastal Recent Development
7.3 Hitachi Metals
7.3.1 Hitachi Metals Corporation Information
7.3.2 Hitachi Metals Description and Business Overview
7.3.3 Hitachi Metals Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.3.4 Hitachi Metals Automotive Wheel Products Offered
7.3.5 Hitachi Metals Recent Development
7.4 Steel Strips Wheels
7.4.1 Steel Strips Wheels Corporation Information
7.4.2 Steel Strips Wheels Description and Business Overview
7.4.3 Steel Strips Wheels Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.4.4 Steel Strips Wheels Automotive Wheel Products Offered
7.4.5 Steel Strips Wheels Recent Development
7.5 American Eagle Wheels
7.5.1 American Eagle Wheels Corporation Information
7.5.2 American Eagle Wheels Description and Business Overview
7.5.3 American Eagle Wheels Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.5.4 American Eagle Wheels Automotive Wheel Products Offered
7.5.5 American Eagle Wheels Recent Development
7.6 United Wheels Group
7.6.1 United Wheels Group Corporation Information
7.6.2 United Wheels Group Description and Business Overview
7.6.3 United Wheels Group Automotive Wheel Sales, Revenue and Gross Margin (2017-2022)
7.6.4 United Wheels Group Automotive Wheel Products Offered
7.6.5 United Wheels Group Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Wheel Industry Chain Analysis
8.2 Automotive Wheel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Automotive Wheel Distributors
8.3 Automotive Wheel Production Mode & Process
8.4 Automotive Wheel Sales and Marketing
8.4.1 Automotive Wheel Sales Channels
8.4.2 Automotive Wheel Distributors
8.5 Automotive Wheel Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Detailed TOC of Global Automotive Wheel Market @
About Us:
Market is changing rapidly with the ongoing expansion of the industry. Advancement in technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies a head start in planning and an edge over the competitors. Industry Research is a credible source for gaining the market reports that will provide you with the lead your business needs.

Overall customer satisfaction with cars fell by 1.3% from 2021 to 2022, but some brands posted a significant increase. Here's how they rank.
Tesla's visionary CEO has pushed the auto industry to speed the development of electric vehicles.
Yahoo Finance Live anchor Seana Smith breaks down the after-hours trading action for trending tech and homebuilder stocks.
The stock market sold off Tuesday as a hot inflation report spurred calls for the biggest Fed rate hike since the early 1980s. Apple, Tesla, Nvidia skidded.
“I think the biggest mistake right now is the belief we’re going to return to, essentially, prices similar to the pre-COVID,” Bridgewater Associates co-CIO Greg Jensen said on Monday.
It's time to be extra picky.
Dogged by competitive and macroeconomic threats, Meta Platforms Inc. is sinking down the ranks of the largest U.S. companies.
In this piece, we will take a look at the ten best lithium stocks to buy now. If you want to jump ahead to the top five stocks in this list, then head on over to the 5 Best Lithium Stocks to Buy Now. Just as the internal combustion vehicle is dependent on the crude […]
PowerHome Solar, doing business as Pink Energy, has laid off about 1,100 workers in the last two weeks and halted installations in North Carolina, Texas and Georgia as the financial fallout continues from defective equipment provided by Generac.
Most stocks are having a lousy year in 2022. Here are a dozen that don't deserve being this deep in the red.
(Bloomberg) — International Business Machines Corp. said it would report a $5.9 billion one-time pretax charge in the third quarter as a result of an agreement to offload pension obligations to two life insurers.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeUgly Selloff Pushes Stocks Down Most Since 2020: Markets WrapThese Cities Have the Most Millionaires in New RankingXi Returns to World Stage With Putin to Counter US DominanceThe World’s Hottest Housing M
Lower car prices might be cheered by car buyers, but they could also mean the Federal Reserve is pushing too hard against inflation, says ARK Invest CEO Cathie Wood.
Brought down by Hindenburg Research, Milton is widely seen as the biggest con man the markets have seen since Elizabeth Holmes's Theranos.
Today, MarketWatch columnist James Rogers summarized how analysts following Rivian think the international expansion is a winning proposition for the company. Rogers pointed out that widely followed Wedbush analyst Dan Ives shared his thoughts on Rivian's new deal yesterday. Ives wrote, "We view this as a smart strategic move by Rivian to penetrate Europe while ramping production of the EDV [Electric Delivery Vehicle] platform to meet its long-term growth and profitability targets."
Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making a mistake with its widely-expected interest rate hikes to bring down high inflation and said she is more concerned about deflation. The benchmark S&P 500 fell more than 2% and Treasury yields surged Tuesday after data showed consumer prices did not ease as anticipated in August and price pressures appeared to broaden. Markets are now anticipating a 100% probability the Fed raises benchmark interest rates at least 75 basis points at its meeting that concludes Sept. 21.
DEEP DIVE A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average (DJIA) down 1,276 points (or 3.
According to the latest CPI (consumer-price index) report, U.S. inflation cooled down slightly from July but not enough to appease the markets. Overall prices rose by 8.3% from the same period a year ago, slowing down from July’s 8.5% uptick and further down from June’s 40-year high showing of 9.1%. On a monthly basis, after plateauing in July, consumer prices rose by 0.1%. As the expectation was for a rise of 8.1% over last year and a drop of 0.1% compared to last month, the markets did what th
Shares of Invitae (NYSE: NVTA), a maker of medical genetic tests, fell 14% on Tuesday. Invitae's shares have been highly volatile and, earlier this month, shot up 277% the day it released second-quarter earnings. The drop comes a day after the company announced a collaboration with international research program Simons Searchlight.
The S&P 500 index's downturn in 2022 has pushed its dividend yield up to 1.6%. British American Tobacco's (NYSE: BTI) $91 billion market capitalization makes it the second-largest tobacco company on the planet, trailing just Philip Morris International (NYSE: PM). British American Tobacco's success is in large part due to the variety of well-known brands that it offers to consumers.
Markets are up in recent sessions, and year-to-date losses have moderated somewhat. The NASDAQ, which has taken the hardest hits this year, is back above 12,200, although still down 22% this year. The S&P 500 has managed to climb back out of the bear market, is above 4,100 now, and its year-to-date loss stands at 14%. Neither index has really tested its June low again in the last two months, and recent trends are upwards. Writing for JPMorgan, global investment strategist Elyse Ausenbaugh gives


Leave a Comment