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Global Automotive Wheel Rims Market Size, Share, Forecast: By Material Type: Alloys, Steel, Carbon Fibre; By Sales Channel: OEM, Aftermarket; By Vehicle Type: Passenger Cars, Commercial Vehicles; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Wheel Rims Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Wheel Rims Historical Market (2018-2023)
8.3 Global Automotive Wheel Rims Market Forecast (2024-2032)
8.4 Global Automotive Wheel Rims Market by Material Type
8.4.1 Alloys
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Steel
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Carbon Fibre
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 Global Automotive Wheel Rims Market by Sales Channel
8.5.1 OEM
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Aftermarket
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Automotive Wheel Rims Market by Vehicle Type
8.6.1 Passenger Cars
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial Vehicles
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 Global Automotive Wheel Rims Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Automotive Wheel Rims Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Automotive Wheel Rims Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Wheel Rims Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Wheel Rims Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Wheel Rims Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Maxion Wheels
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Steel Strip Wheels
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 ESE Carbon
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Accuride Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Superior Industries International
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Ronal Group
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Telleborg AB
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Wheel Rims Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Wheel Rims Historical Market: Breakup by Material Type (USD Billion), 2018-2023
3. Global Automotive Wheel Rims Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
4. Global Automotive Wheel Rims Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
5. Global Automotive Wheel Rims Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
6. Global Automotive Wheel Rims Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
7. Global Automotive Wheel Rims Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
8. Global Automotive Wheel Rims Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Automotive Wheel Rims Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Automotive Wheel Rims Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Automotive Wheel Rims Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Automotive Wheel Rims Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Automotive Wheel Rims Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Automotive Wheel Rims Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Automotive Wheel Rims Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Automotive Wheel Rims Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Automotive Wheel Rims Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Automotive Wheel Rims Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Automotive Wheel Rims Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Automotive Wheel Rims Market Structure
Key Questions Answered in the Report
In 2023, the global automotive wheel rims market attained a value of nearly USD 24.36 billion.
The market is estimated to grow at a CAGR of 8.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 49.55 billion by 2032.
The major drivers of the market include the thriving automotive industry, rising disposable incomes, increasing demand for cars among the working class population, rapid urbanisation, and increasing inclination towards fuel economic vehicles.
The technological advancements in the automotive industry, growing R&D activities by the manufacturers to produce light weight and fuel-efficient automobiles are expected to be the key trends guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Alloys, steel, and carbon fibre are the major material types included in the market report.
OEM and aftermarket are the significant sales channels considered in the market report.
Passenger cars and commercial vehicles are the different vehicle types based on which the market has been segmented.
The major players in the industry are Maxion Wheels, Steel Strip Wheels, ESE Carbon, Accuride Corporation, Superior Industries International, Ronal Group, and Telleborg AB, among others.
Analyst Review
The global automotive wheel rims market attained a value of USD 24.36 billion in 2023, driven by the thriving transportation industry and the rapid urbanisation. Aided by the increasing preference for fuel efficient and lightweight vehicles, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.2%. The market is projected to reach USD 49.55 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material type, the market is divided into alloys, steel, and carbon fibre. On the basis of sales channel, the market is divided into OEM and aftermarket. By vehicle type, the market has been bifurcated into passenger cars and commercial vehicles. The major regional markets for automotive wheel rims are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Maxion Wheels, Steel Strip Wheels, ESE Carbon, Accuride Corporation, Superior Industries International, Ronal Group, and Telleborg AB, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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