Global Automotive Wheel Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Wheel is an essential part of a motor vehicle, whose demand is directly connected to the automotive industry.
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.

Market Analysis and Insights: Global Automotive Wheel Market
The global Automotive Wheel market size is projected to reach US$ 37280 million by 2026, from US$ 29810 million in 2020, at a CAGR of 3.8% during 2021-2026.
Global Automotive Wheel Scope and Segment
The global Automotive Wheel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Wheel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Automotive Wheel market is segmented into
Alloy (Aluminum & Magnesium)
Steel
Carbon Fiber

Segment by Application, the Automotive Wheel market is segmented into
Original Equipment Manufacturer (OEM)
Aftermarket

Automotive Wheel market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Automotive Wheel business, the date to enter into the Automotive Wheel market, Automotive Wheel product introduction, recent developments, etc.
The major vendors covered:
Iochpe-Maxion
CITIC Dicastal
Hitachi Metals
Steel Strips Wheels
American Eagle Wheels
United Wheels Group
...

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Automotive Wheel markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Automotive Wheel market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.