Automotive alloy wheels are made from either an alloy of magnesium or aluminum or a mixture of both. Automotive alloy wheels are light weight wheels which improve the steering and speed of a car. Since aluminum or magnesium alloy is a good conductor of heat, automotive alloy wheels decrease heat dissipation from brakes and reduce the risk of brake failure under extreme driving conditions. Automotive alloy wheels have complex geometry and satisfy the manifold design criteria, such as weight, style, performance and manufacturability.
Increasing demand for light weight and corrosion resistant alloy wheels is increasing due to changing weather conditions, which is a key factor boosting the growth of the automotive alloy wheel market. Automotive alloy wheels support tubeless tires and also offer better grip on brakes. These are some of the benefits that are likely to increase the demand for automotive alloy wheels, which in turn, will accelerate the growth of the automotive alloy wheel market in the upcoming years. The nominal reduction in fuel consumption and precise steering handling are some of the other important factors that will drive the growth of the automotive alloy wheel market.
The demand for vehicles fitted with wheels made from heavy metal is increasing in cold countries as these wheels successfully offer resistance to skidding during snow or hail. This factor is estimated to hamper the growth of the automotive alloy wheel market in the upcoming years.
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The global Automobile Alloy Wheels market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Automobile Alloy Wheels volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automobile Alloy Wheels market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Automobile Alloy Wheels Market report are Borbet, Enkei, Ronal Group, Arconic, Citic Dicastal, Maxion Wheels, UniwheelS Group and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Automobile Alloy Wheels Market Overview
2 Global Automobile Alloy Wheels Market Competition by Manufacturers
3 Global Automobile Alloy Wheels Production Market Share by Regions
4 Global Automobile Alloy Wheels Consumption by Regions
5 Global Automobile Alloy Wheels Production, Revenue, Price Trend by Type
6 Global Automobile Alloy Wheels Market Analysis by Applications
7 Company Profiles and Key Figures in Automobile Alloy Wheels Business
8 Automobile Alloy Wheels Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Automobile Alloy Wheels Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source