Alloy Wheel Market Analysis & Industry Forecast 2016-2024

According to Goldstein Research, global alloy wheel market estimated at USD 16.7 billion in 2016, which is estimated to reach USD 24.8 billion by 2024, growing at a CAGR of 5.8% over the forecast period 2016-2024. Increasing numbers of on-road vehicles, innovation in alloy wheels and rapid urbanization are propelling the growth of global automobile alloy wheels market.

Global automobile alloy wheels market is dominated by North America with total revenue in 2016 amounting to USD 4.5 billion, and a market share of 75.0% in the car dealership, 20.0% in auto body shops and 5.0% in automotive aftermarket.

Market Segmentation

Global Automobile Alloy Wheels Market can be segmented as follows:

By Vehicle Type

• Passenger vehicles
• Four wheelers
• Two wheelers
• Commercial Vehicles
• LCV (Light Commercial Vehicles)
• HCV (Heavy Commercial Vehicles)

By Material Type

• Aluminium
• Magnesium
• Carbon Fiber

By End Users

• OEMs (Original Equipment Manufacturer)
• Aftermarket

By Region

• North America Automobile Alloy Wheels Market Analysis, 2016-2024
• Europe Automobile Alloy Wheels Market Analysis, 2016-2024
• The Middle East And Africa Automobile Alloy Wheels Market Analysis, 2016-2024
• Latin America Automobile Alloy Wheels Market Analysis, 2016-2024
• Asia Pacific Automobile Alloy Wheels Market Analysis, 2016-2024
• Rest Of The World Automobile Alloy Wheels Market Analysis, 2016-2024

"Global Alloy Wheels Market Outlook 2024" contains the detailed overview of the global automobile alloy wheels market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by vehicle type, material type, end users and geography.

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The Global Automotive Alloy Wheel Market Report highlights the in-depth analysis of the automobile alloy wheels market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major global players discussed in the global automobile alloy wheels market report includes the business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

Major players of the global automobile alloy wheels market discussed in the report are: Borbet, Uniwheels, CM Wheels, Alcoa Wheels, CITIC Dicastal, Maxion, Accuride, Steel Strips Wheels, Enkei wheels, Superior industries, TSW Alloy Wheels, Dymag Group Limited, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.,etc.

Further, Global Automobile Alloy Wheels Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Automobile Alloy Wheels Market outlook also comprises key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The market research report also highlights the expert analysis to provide the complete overview of the market including the PESTLE analysis of each region and country.

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