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According to our (Global Info Research) latest study, the global Aluminium Alloy Wheel market size was valued at USD 20880 million in 2023 and is forecast to a readjusted size of USD 22610 million by 2030 with a CAGR of 1.1% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Aluminium Alloy Wheel industry chain, the market status of Passenger Vehicle (Casting, Forging), Commercial Vehicle (Casting, Forging), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aluminium Alloy Wheel.
Regionally, the report analyzes the Aluminium Alloy Wheel markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aluminium Alloy Wheel market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aluminium Alloy Wheel market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aluminium Alloy Wheel industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Casting, Forging).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aluminium Alloy Wheel market.
Regional Analysis: The report involves examining the Aluminium Alloy Wheel market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aluminium Alloy Wheel market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aluminium Alloy Wheel:
Company Analysis: Report covers individual Aluminium Alloy Wheel manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aluminium Alloy Wheel This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).
Technology Analysis: Report covers specific technologies relevant to Aluminium Alloy Wheel. It assesses the current state, advancements, and potential future developments in Aluminium Alloy Wheel areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aluminium Alloy Wheel market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aluminium Alloy Wheel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Casting
- Forging
- Other
Market segment by Application
- Passenger Vehicle
- Commercial Vehicle
Major players covered
- 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
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aluminium Alloy Wheel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aluminium Alloy Wheel, with price, sales, revenue and global market share of Aluminium Alloy Wheel from 2019 to 2024.
Chapter 3, the Aluminium Alloy Wheel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aluminium Alloy Wheel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Aluminium Alloy Wheel market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aluminium Alloy Wheel.
Chapter 14 and 15, to describe Aluminium Alloy Wheel sales channel, distributors, customers, research findings and conclusion.