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(Transportation-News.com, August 02, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Aluminum Alloy Wheels market for 2018-2023.
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 main consumption regions are also concentrated in the North America, Europe, Asia and Other. The aluminum alloy wheel’s consumption has great relationship in the automotive production volume. Currently, it is mainly installed in the passenger vehicle.
The import and export volume is very large, China has very large export ratio. Currently, the aluminum alloy wheel has a certain degree of anti-dumping phenomenon.
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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.
Over the next five years, Aluminum Alloy Wheels will register a 1.5% CAGR in terms of revenue, reach US$ 21100 million by 2023, from US$ 19300 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Alloy Wheels market by product type, application, key manufacturers and key regions.
To calculate the market size, value and volume generated from the sales of the following segments:
Segmentation by product type:
Casting
Forging
Other
Segmentation by application:
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
CITIC Dicastal
Borbet
Ronal Wheels
Alcoa
Superior Industries
Iochpe-Maxion
Uniwheel Group
Wanfeng Auto
Lizhong Group
Enkei Wheels
Zhejiang Jinfei
Accuride
Topy Group
Zhongnan Aluminum Wheels
YHI
Yueling Wheels
Guangdong Dcenti Auto-Parts
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Aluminum Alloy Wheels consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Aluminum Alloy Wheels market by identifying its various subsegments.
Focuses on the key global Aluminum Alloy Wheels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminum Alloy Wheels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminum Alloy Wheels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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