Automotive Wheel Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Automotive Wheel Market size is estimated to exhibit over 5% CAGR from 2022 to 2028. Wheels are an essential part of automobiles that are directly connected to the automobile industry. The wheels must be strong enough to support the weight of the vehicle and withstand the forces resulting from the operation. A car wheel is a component that rotates and transmits the drive from the axle to the road. It also provides a means for attaching tires. A car wheel consists of a rim, spokes, and hub.

Company Profile

The key automotive wheel market participants include Maxion Wheels, Trelleborg AB, CLN Group, Mefro, Otto Fuchs, Jantsa, Starco, ALCAR Holding, Titan Europe, and SuperAlloy Industrial Company.

Market Segmentation

By Material

• Aluminum
• Steel Wheels
• Magnesium
• Carbon Fiber

By Product

• Regular
• High Performance

By End-use

• OEM
• Aftermarket

Scope of the Report

The research study analyzes the Automotive Wheel Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Wheel Market Report

1. What was the Automotive Wheel Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Wheel Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Wheel Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.