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The global Aluminium Alloy Wheel market was valued at 210.76 Million USD in 2021 and will grow with a CAGR of 1.18% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 Global production of the aluminum alloy wheel is about 300 Million Unit in 2015. The production region is relative concentrate. The main manufacture region is concentrated in the Asia. China is the largest production country. In the future, the aluminum alloy wheel will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weaken. The installed rate in the commercial vehicle will increase.
By Market Verdors:
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
By Types:
Casting
Forging
By Applications:
Passenger Vehicle
Commercial Vehicle
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
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To understand the future outlook and prospects for the market.
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