Automotive Wheel Market
Automotive Wheel Market Study by Painted & Polished, Machined Alloy Wheels, Two Tonned Alloys, Chromed Alloys, and Anodised for Passenger Cars, LCVs, and HCVs from 2024 to 2034
Analysis of Automotive Wheel Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Wheel Market Outlook (2024 to 2034)
The global automotive wheel market has been studied by Fact.MR and is forecasted to reach US$ 34.42 billion in 2024, further increasing at a CAGR of 6.4% to end up at US$ 63.95 billion by 2034.
The market for automotive wheels has seen substantial evolution of the past decades. With people are taking more care of car mechanical parts such as automotive wheels, these serve as a supporting section between the vehicle frame and its tires. They distribute the weight evenly across the tires and axles, ensuring that the vehicle remains stable.
While driving, the driver looks for a comfortable and safe journey accompanied by a faster commute. Innovative rims have become substantially popular due to their aesthetic enhancement contributing to the visual appeal of a vehicle. These rims could easily be customized, giving car lovers a chance to customize them according to their preferences.
Automotive wheels also help in dissipating heat generated by friction between the brake pads and rotors. This prevents overheating of the braking system and maintains its effectiveness and longevity. These rims are typically constructed from various materials such as aluminum alloy, magnesium alloy, and more significantly carbon fiber. Each material has its advantages and features in terms of weight, strength, cost, and manufacturing complexity.
The design of wheels varies significantly across car models and sizes, with popular options including spoke wheels, alloy wheels, steel wheels, and custom aftermarket wheels. Wheel design significantly affects weight, strength, aerodynamics, and heat dissipation properties.
With more innovations and technological advancements on the horizon, the global automotive wheel market size has been projected to expand around 1.8X over the next ten years (2024 to 2034).
| Report Attributes | Details |
|---|---|
| Automotive Wheel Market Size (2024E) | US$ 34.42 Billion |
| Forecasted Market Value (2034F) | US$ 63.95 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.4% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 4.5% CAGR |
| China Market Value (2034F) | US$ 16.98 Billion |
| North America Market Share (2024E) | 25.7% |
| East Asia Market Share (2034F) | 37% |
| Key Companies Profiled | Hitachi Metals; Citic Dicastal; Enkei; Accuride Corporation; HRE Wheels; Maxion Wheels; Uniwheels; Vossen Wheels; Mangels Industrials; Forgiato Wheels |
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Which Automotive Wheel Market Trends are Manufacturers Eyeing?
“Rising Demand for Customization and Preference for Lightweight Materials”
Production of cars is increasing at a tremendous pace. Drivers are nowadays looking for ways to differentiate their vehicles and are seeking unique designs, finishes, and sizes.
Manufacturers have also positively responded to this demand by introducing a wide range of customizable options for automotive wheels in the market, allowing customers to tailor their wheels to their specific preferences. This includes a variety of spoke patterns, rim designs, and color finishes, as well as the option to choose from different materials such as aluminum alloy, carbon fiber, or forged steel.
Customized wheels not only enhance the aesthetic appeal of a vehicle but also serve as a form of self-expression for owners, reflecting their personality and style. This customization trend has very positively impacted the demand for rims in the market giving a profitable edge to automotive wheel manufacturers. This trend is predicted to consistently drive automotive wheel market growth in the coming years, generating opportunities for new key players to enter the market.
“Demand for Automotive Wheels That Weight Support and Force Transmission”
The primary function of automotive wheels is to support the weight of the vehicle and facilitate the transmission of driving and braking forces. These rims bear the vehicle and occupants' weight, providing structural integrity and ensuring even distribution of the load across all tires and axles. This prevents any single tire from bearing excessive load, thereby extending tire life.
Wheel rims aid in transferring the driving forces generated by the vehicle's engine or motor to the tires, enabling forward or backward propulsion as required.
They play a crucial role when the driver applies brakes, transmitting braking forces from the brake system to the tires for effective deceleration and stopping of the vehicle. These mitigations of forces directly influence the car's performance and contribute to an extended lifespan, providing customers with a valuable advantage.
What are the Challenges Faced by Rim Manufacturers in the Market?
“High Initial Investment and Heavy Supplier Dependence”
The manufacturing process of rim wheels includes substantial upfront investment. The materials used by the manufacturers include aluminum alloy or carbon fiber, which incur high costs. This makes it challenging for the manufacturers to manage profit margins while offering low-cost rim wheels.
To tackle the cost pressures, automotive wheel manufacturers focus on optimizing production processes to reduce waste and improve efficiency, negotiating favorable contracts with suppliers to secure stable pricing for raw materials, and implementing lean manufacturing principles to perfect operations and eliminate unnecessary expenses.
The automotive industry is among the most dynamic industries with rapid technological advancements, which results in a major challenge for manufacturers to constantly upskill their production techniques to survive in the market.
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Country-wise Evaluation
What Attracts Automotive Wheel Manufacturers to the United States?
“Advanced Transportation Infrastructure Network”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 7.58 Billion |
| Growth Rate (2024 to 2034) | 5.4% CAGR |
| Projected Value (2034F) | US$ 12.82 Billion |
The United States is home to many key automotive original equipment manufacturers including General Motors, Ford, and Fiat Chrysler. Proximity to OEM assembly plants enable manufacturers to optimize their supply chain, resulting in reduced transit times, improved operational efficiency, and decreased expenses associated with logistics.
The country also has one of the most advanced transportation infrastructure networks comprising highways, railways, ports, and airports, which facilitate the movement of goods across the country. This enables manufacturers to increase their sales volume, thus making the country an attractive and profitable choice.
What is Driving Market Growth in China?
“Cost-Effective Manufacturing and Efficient Supply Chain”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 9.05 Billion |
| Growth Rate (2024 to 2034) | 6.5% CAGR |
| Projected Value (2034F) | US$ 16.98 Billion |
China has established its image as a cost-effective manufacturing hub, contributing to lower production costs for automotive wheels. Firstly, the country has comparatively lower labor costs, which allows automotive wheel manufacturers to achieve cost savings in workforce expenses. China has access to abundant and affordable raw materials and components, including metals used in manufacturing processes.
Manufacturers can benefit from bulk purchasing of materials, shared infrastructure, and efficient production processes. All these factors are projected to enable them to achieve cost-effectiveness and produce wheels at competitive prices.
Category-wise Insights
Which Automotive Wheel Size is Most Widely Preferred?
“Adequate Grip and Traction Offered by Mid-Size Wheels at High Speeds”
| Attribute | Mid-Size (17 to 21 inch) |
|---|---|
| Segment Value (2024E) | US$ 14.21 Billion |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 26.92 Billion |
Mid-size wheels primarily refer to wheel diameters ranging from 17 to 21 inches. These wheel sizes, which occupy a dominant automotive wheel market share, strike the perfect balance between aesthetics, performance, and practicality, making them a preferred choice among a broad range of customers.
Compact wheels may result in harsher car rides due to less tire sidewall to absorb bumps and shocks. Contrary to this, mid-size wheels serve comfort and ease of handling by providing a larger sidewall to absorb bumps and shocks while the vehicle is at a higher pace. They provide a sufficient contact area for adequate grip and traction while maintaining agility and responsiveness, especially when paired with high-quality tires.
Which Vehicle Type Accounts for Higher Revenue Generation?
“Passenger Vehicles Account for High Sales of Customized Automotive Wheels”
| Attribute | Passenger Vehicles |
|---|---|
| Segment Value (2024E) | US$ 21.92 Billion |
| Growth Rate (2024 to 2034) | 7.2% CAGR |
| Projected Value (2034F) | US$ 43.95 Billion |
Passenger vehicle owners often desire to customize their vehicles in their own way, and thus they often approach aftermarket rim wheel suppliers to enhance the appearance of their vehicles, whether sporty, luxurious, or rugged. Rim wheels come in a variety of designs, finishes, and sizes, providing owners with various options to customize their vehicles according to their desired style.
Upgrading to lightweight or alloy rim wheels can bring down the weight of cars, improving handling, acceleration, and fuel efficiency. Automotive trends and fashion also play an important role in the rising demand for automotive wheels. Driven by popular culture, social media, and the passion of automotive enthusiasts, trends in wheel designs, finishes, and sizes have the potential to swiftly capture the attention of passenger car owners.
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Industry Competition
Key players in the automotive wheel market such as Hitachi Metals, Citic Dicastal, and Enkei are persistently investing in testing and exploration to understand the market and find out the keyholes through which they could find their golden sales. As the market is highly dynamic, suppliers need to constantly advance their techniques of production so that they can survive in the market.
Few manufacturing giants in the market account for a leading market share and lead as far as production and sales are concerned. Smaller companies are partnering with one another to strengthen their leg in the market and tackle the attacks from bigger companies.
Key Segments of Automotive Wheel Market Research
-
By Finish :
- Painted & Polished
- Machined Alloys
- Two-Tone Alloys
- Chromed Alloys
- Anodized
-
By Wheel Size :
- Compact Size (Up to 16 Inches)
- Mid-Size (17 to 21 Inches)
- Large Size (21 Inches and More)
-
By Sales Channel :
- OEMs
- Aftermarket
-
By Vehicle Category :
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
-
By Material :
- Alloy
- Aluminum
- Magnesium
- Composites
- Aluminum
- Magnesium
- Steel
- Chromed
- Carbon Fiber
- Alloy
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Market Context
- 6. Global Market - Pricing Analysis
- 7. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
- 8.1. Painted & Polished
- 8.2. Machined Alloys
- 8.3. Two-Tone Alloys
- 8.4. Chromed Alloys
- 8.5. Anodized
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Wheel Size
- 9.1. Compact Size (Up to 16 Inches)
- 9.2. Mid-Size (17 to 21 Inches)
- 9.3. Large Size (21 Inches and More)
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Vehicle Category
- 10.1. Passenger Cars
- 10.2. Light Commercial Vehicles (LCVs)
- 10.3. Heavy Commercial Vehicles (HCVs)
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Material
- 11.1. Alloy
- 11.2. Aluminum
- 11.3. Magnesium
- 11.4. Steel
- 11.5. Chromed
- 11.6. Carbon Fiber
- 12. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Sales Channel
- 12.1. OEMs
- 12.2. Aftermarket
- 13. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia
- 13.6. Oceania
- 13.7. Middle East and Africa (MEA)
- 14. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Rest of the World Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Hitachi Metals
- 20.2. Citic Dicastal
- 20.3. Enkei
- 20.4. Accuride Corporation
- 20.5. HRE Wheels
- 20.6. Maxion Wheels
- 20.7. Uniwheels
- 20.8. Vossen Wheels
- 20.9. Mangels Industrials
- 20.10. Forgiato Wheels
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
Table 02: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Wheel Size
Table 03: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vehicle Category
Table 04: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material
Table 05: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sales Channel
Table 06: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material Age Group
Table 07: Global Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
Table 08: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
Table 10: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vehicle Category
Table 11: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Wheel Size
Table 12: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material
Table 13: North America Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sales Channel
Table 14: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
Table 16: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vehicle Category
Table 17: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Wheel Size
Table 18: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material
Table 19: Europe Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sales Channel
Table 20: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
Table 22: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vehicle Category
Table 23: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Wheel Size
Table 24: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material
Table 25: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sales Channel
Table 26: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Finish
Table 27: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Vehicle Category
Table 28: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Wheel Size
Table 29: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Material
Table 30: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sales Channel
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 02: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 03: Global Market Share Analysis (%), By Finish, 2024 & 2034
Figure 04: Global Market Y-o-Y Analysis (%), By Finish, 2024 to 2034
Figure 05: Global Market Attractiveness Analysis By Finish, 2024 to 2034
Figure 06: Global Market Share Analysis (%), By Wheel Size, 2024 & 2034
Figure 07: Global Market Y-o-Y Analysis (%), By Wheel Size, 2024 to 2034
Figure 08: Global Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 09: Global Market Share Analysis (%), By Vehicle Category, 2024 & 2034
Figure 10: Global Market Y-o-Y Analysis (%), By Vehicle Category, 2024 to 2034
Figure 11: Global Market Attractiveness Analysis By Vehicle Category, 2024 to 2034
Figure 12: Global Market Share Analysis (%), By Material, 2024 & 2034
Figure 13: Global Market Y-o-Y Analysis (%), By Material, 2024 to 2034
Figure 14: Global Market Attractiveness Analysis By Material, 2024 to 2034
Figure 15: Global Market Share Analysis (%), By Sales Channel, 2024 & 2034
Figure 16: Global Market Y-o-Y Analysis (%), By Sales Channel , 2024 to 2034
Figure 17: Global Market Attractiveness Analysis, By Sales Channel, 2024 to 2034
Figure 18: Global Market Share Analysis (%), By Material Age Group, 2024 & 2034
Figure 19: Global Market Y-o-Y Analysis (%), By Material Age Group, 2024 to 2034
Figure 20: Global Market Attractiveness Analysis By Material Age Group, 2024 to 2034
Figure 21: Global Market Share Analysis (%), By Region, 2024 & 2034
Figure 22: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 23: Global Market Attractiveness Analysis, By Region, 2024 to 2034
Figure 24: North America Market Value Share, By Finish, 2024 (E)
Figure 25: North America Market Value Share, By Vehicle Categorys 2024 (E)
Figure 26: North America Market Value Share, By Wheel Size, 2024 (E)
Figure 27: North America Market Value Share, By Material, 2024 (E)
Figure 28: North America Market Value Share, By Sales Channel, 2024 (E)
Figure 29: North America Market Value Share, By Country, 2024 (E)
Figure 30: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 31: North America Market Attractiveness Analysis By Finish, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis By Vehicle Category, 2024 to 2034
Figure 33: North America Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 34: North America Market Attractiveness Analysis By Material, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis By Sales Channel, 2024 to 2034
Figure 36: North America Market Attractiveness Analysis By Country, 2024 to 2034
Figure 37: Europe Market Value Share, By Finish, 2024 (E)
Figure 38: Europe Market Value Share, By Vehicle Categorys 2024 (E)
Figure 39: Europe Market Value Share, By Wheel Size, 2024 (E)
Figure 40: Europe Market Value Share, By Material, 2024 (E)
Figure 41: Europe Market Value Share, By Sales Channel, 2024 (E)
Figure 42: Europe Market Value Share, By Country, 2024 (E)
Figure 43: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 44: Europe Market Attractiveness Analysis By Finish, 2024 to 2034
Figure 45: Europe Market Attractiveness Analysis By Vehicle Category, 2024 to 2034
Figure 46: Europe Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 47: Europe Market Attractiveness Analysis By Material, 2024 to 2034
Figure 48: Europe Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 49: Europe Market Attractiveness Analysis By Country, 2024 to 2034
Figure 50: Middle East and Africa Market Value Share, By Finish, 2024 (E)
Figure 51: Middle East and Africa Market Value Share, By Vehicle Category, 2024 (E)
Figure 52: Middle East and Africa Market Value Share, By Wheel Size, 2024 (E)
Figure 53: Middle East and Africa Market Value Share, By Material, 2024 (E)
Figure 54: Middle East and Africa Market Value Share, By Sales Channel, 2024 (E)
Figure 55: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 57: Middle East and Africa Market Attractiveness Analysis By Finish, 2024 to 2034
Figure 58: Middle East and Africa Market Attractiveness Analysis By Vehicle Category, 2024 to 2034
Figure 59: Middle East and Africa Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 60: Middle East and Africa Market Attractiveness Analysis By Material, 2024 to 2034
Figure 61: Middle East and Africa Market Attractiveness Analysis By Sales Channel, 2024 to 2034
Figure 62: Middle East and Africa Market Attractiveness Analysis By Country, 2024 to 2034
Figure 63: Rest of the World Market Value Share, By Finish, 2024 (E)
Figure 64: Rest of the World Market Value Share, By Vehicle Categorys 2024 (E)
Figure 65: Rest of the World Market Value Share, By Wheel Size, 2024 (E)
Figure 66: Rest of the World Market Value Share, By Material, 2024 (E)
Figure 67: Rest of the World Market Value Share, By Sales Channel, 2024 (E)
Figure 68: Rest of the World Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 69: Rest of the World Market Attractiveness Analysis By Finish, 2024 to 2034
Figure 70: Rest of the World Market Attractiveness Analysis By Vehicle Category, 2024 to 2034
Figure 71: Rest of the World Market Attractiveness Analysis By Wheel Size, 2024 to 2034
Figure 72: Rest of the World Market Attractiveness Analysis By Material, 2024 to 2034
Figure 73: Rest of the World Market Attractiveness Analysis By Sales Channel, 2024 to 2034
Figure 74: United States Market Value Share, By Finish, 2024 & 2034
Figure 75: United States Market Value Share, By Vehicle Category, 2024 & 2034
Figure 76: United States Market Value Share, By Wheel Size, 2024 & 2034
Figure 77: United States Market Value Share, By Material Age Group, 2024 & 2034
Figure 78: United States Market Value Share, By Sales Channel, 2024 & 2034
Figure 79: United States Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Canada Market Value Share, By Finish, 2024 & 2034
Figure 81: Canada Market Value Share, By Vehicle Category, 2024 & 2034
Figure 82: Canada Market Value Share, By Wheel Size, 2024 & 2034
Figure 83: Canada Market Value Share, By Material Age Group, 2024 & 2034
Figure 84: Canada Market Value Share, By Sales Channel, 2024 & 2034
Figure 85: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: United Kingdom Market Value Share, By Finish, 2024 & 2034
Figure 87: United Kingdom Market Value Share, By Vehicle Category, 2024 & 2034
Figure 88: United Kingdom Market Value Share, By Wheel Size, 2024 & 2034
Figure 89: United Kingdom Market Value Share, By Material Age Group, 2024 & 2034
Figure 90: United Kingdom Market Value Share, By Sales Channel, 2024 & 2034
Figure 91: United Kingdom Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: Germany Market Value Share, By Finish, 2024 & 2034
Figure 93: Germany Market Value Share, By Vehicle Category, 2024 & 2034
Figure 94: Germany Market Value Share, By Wheel Size, 2024 & 2034
Figure 95: Germany Market Value Share, By Material Age Group, 2024 & 2034
Figure 96: Germany Market Value Share, By Sales Channel, 2024 & 2034
Figure 97: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: France Market Value Share, By Finish, 2024 & 2034
Figure 99: France Market Value Share, By Vehicle Category, 2024 & 2034
Figure 100: France Market Value Share, By Wheel Size, 2024 & 2034
Figure 101: France. Market Value Share, By Material Age Group, 2024 & 2034
Figure 102: France Market Value Share, By Sales Channel, 2024 & 2034
Figure 103: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: Italy Market Value Share, By Finish, 2024 & 2034
Figure 105: Italy Market Value Share, By Vehicle Category, 2024 & 2034
Figure 106: Italy Market Value Share, By Wheel Size, 2024 & 2034
Figure 107: Italy Market Value Share, By Material Age Group, 2024 & 2034
Figure 108: Italy Market Value Share, By Sales Channel, 2024 & 2034
Figure 109: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: Spain Market Value Share, By Finish, 2024 & 2034
Figure 111: Spain Market Value Share, By Vehicle Category, 2024 & 2034
Figure 112: Spain Market Value Share, By Wheel Size, 2024 & 2034
Figure 113: Spain Market Value Share, By Material Age Group, 2024 & 2034
Figure 114: Spain Market Value Share, By Sales Channel, 2024 & 2034
Figure 115: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: GCC Countries. Market Value Share, By Finish, 2024 & 2034
Figure 117: GCC Countries Market Value Share, By Vehicle Category, 2024 & 2034
Figure 118: GCC Countries Market Value Share, By Wheel Size, 2024 & 2034
Figure 119: GCC Countries Market Value Share, By Material, 2024 & 2034
Figure 120: GCC Countries Market Value Share, By Sales Channel, 2024 & 2034
Figure 121: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: South Africa Market Value Share, By Finish, 2024 & 2034
Figure 123: South Africa Market Value Share, By Vehicle Category, 2024 & 2034
Figure 124: South Africa Market Value Share, By Wheel Size, 2024 & 2034
Figure 125: South Africa Market Value Share, By Material Age Group, 2024 & 2034
Figure 126: South Africa Market Value Share, By Sales Channel, 2024 & 2034
Figure 127: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What portion of the East Asia automotive wheel market does Japan occupy?
Japan accounts for 20.8% share of the East Asian automotive wheel market in 2024.
What is the sales value of automotive wheels in 2024?
Worldwide sales of automotive wheels are set to reach US$ 34.42 billion in 2024.
What is the projected demand valuation for automotive wheels for 2034?
Demand for automotive wheels is forecasted to reach a market value of US$ 63.95 billion by 2034.
At what rate is the market projected to expand in East Asia?
In East Asia, the market is projected to expand at a CAGR of 6.2% from 2024 to 2034.
Who are the top manufacturers of automotive wheels?
Leading companies in the market are Hitachi Metals, Citic Dicastal, and Enkei.
What are the statistics listed for the market in Japan?
The market in Japan is projected to expand at 5.8% CAGR and reach US$ 4.7 billion by 2034.
Automotive Wheel Market