Automotive Wheel Market to Record a CAGR of 4.57%, Accuride Corp. and BORBET GmbH Among Key Vendors – Technavio

NEW YORK, Oct. 2, 2022 /PRNewswire/ — The “Automotive Wheel Market by Vehicle Type and Geography – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has been partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the automotive wheel market size between 2021 and 2026 is USD 11.20 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Company Profiles

The automotive wheel market report provides complete insights on key vendors, including Accuride Corp., BBS GmbH, BORBET GmbH, Central Motor Wheel of America Inc., CITIC Ltd., CLN Coils Lamiere Nastri Spa, Enkei Corp., Foshan Nanhai Zhongnan Aluminum Wheel Co. Ltd., Fuel Off Road Wheels, Hitachi Metals Ltd., Iochpe Maxion SA, Klassic Wheels Ltd., Mangels Industrial SA, RONAL AG, Steel Strips Wheels Ltd., Topy Industries Ltd., Trelleborg AB, TSW Group, Wanfeng Group Co. Ltd., and Wheel Pros LLC. The key offerings of some of these vendors are listed below:

  • Accuride Corp. – The company offers automotive wheels such as aluminum wheels and steel wheels.
  • BORBET GmbH – The company offers automotive wheels such as Borbet A, Borbet B, and Borbet AE.
  • CITIC Ltd. – The company offers automotive wheels such as aluminum wheels.
  • Hitachi Metals Ltd. – The company offers automotive wheels, namely SCUBA Aluminum wheels.
  • Iochpe Maxion SA – The company offers automotive wheels such as light vehicle wheels, commercial vehicle wheels, and specialty wheels.
  • Mangels Industrial SA – The company offers automotive wheels such as aluminum wheels.
  • RONAL AG The company offers automotive wheels such as SL6, R70, and R66.

Technavio’s reports provide key strategic initiatives used by vendors, along with key news and the latest developments. View our FREE PDF Sample Report Now

Competitive Analysis

The competitive scenario provided in the automotive wheel market report evaluates, analyzes, and positions companies based on various performance indicators. Some of the factors considered for this analysis include growth strategies, the financial performance of companies over the past few years, new product launches, investments, product innovations, and growth in market share.

Key Market Dynamics

The increasing number of vehicles across the world is one of the key drivers supporting the automotive wheel market growth. However, the limitations of steel wheels are one of the factors challenging the automotive wheel market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Market Segmentation

  • By geography, the market has been classified into commercial vehicles and passenger cars. The commercial vehicles segment will contribute the largest share of the market during the forecast period.
  • By geography, the market has been classified into Europe, North America, APAC, the Middle East and Africa, and South America. Europe will have the largest share of the market during the forecast period.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

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Automotive Wheel Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.57%

Market growth 2022-2026

USD 11.20 billion

Market structure

Fragmented

YoY growth (%)

4.2

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 35%

Key consumer countries

US, Canada, Japan, Germany, Italy, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accuride Corp., BBS GmbH, BORBET GmbH, Central Motor Wheel of America Inc., CITIC Ltd., CLN Coils Lamiere Nastri Spa, Enkei Corp., Foshan Nanhai Zhongnan Aluminum Wheel Co. Ltd., Fuel Off Road Wheels, Hitachi Metals Ltd., Iochpe Maxion SA, Klassic Wheels Ltd., Mangels Industrial SA, RONAL AG, Steel Strips Wheels Ltd., Topy Industries Ltd., Trelleborg AB, TSW Group, Wanfeng Group Co. Ltd., and Wheel Pros LLC

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Key Topics Covered

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Vehicle Type

  • 5.1 Market segments 
    • Exhibit 24: Chart on Vehicle Type – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Vehicle Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Vehicle Type 
    • Exhibit 26: Chart on Comparison by Vehicle Type
    • Exhibit 27: Data Table on Comparison by Vehicle Type
  • 5.3 Commercial vehicles – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Commercial vehicles – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Commercial vehicles – Year-over-year growth 2021-2026 (%)
  • 5.4 Passenger cars – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Passenger cars – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Passenger cars – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Passenger cars – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Passenger cars – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Vehicle Type 
    • Exhibit 36: Market opportunity by Vehicle Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 Europe – Market size and forecast 2021-2026
    • Exhibit 42: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.4 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.7 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 Germany – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.10 Italy – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Italy – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Italy – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Italy – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Italy – Year-over-year growth 2021-2026 (%)
  • 7.11 Japan – Market size and forecast 2021-2026 
    • Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.12 Canada – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.13 France – Market size and forecast 2021-2026
    • Exhibit 82: Chart on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on France – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on France – Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Accuride Corp. 
    • Exhibit 93: Accuride Corp. – Overview
    • Exhibit 94: Accuride Corp. – Product / Service
    • Exhibit 95: Accuride Corp. – Key offerings
  • 10.4 BORBET GmbH 
    • Exhibit 96: BORBET GmbH – Overview
    • Exhibit 97: BORBET GmbH – Product / Service
    • Exhibit 98: BORBET GmbH – Key offerings
  • 10.5 CITIC Ltd. 
    • Exhibit 99: CITIC Ltd. – Overview
    • Exhibit 100: CITIC Ltd. – Business segments
    • Exhibit 101: CITIC Ltd. – Key offerings
    • Exhibit 102: CITIC Ltd. – Segment focus
  • 10.6 Hitachi Metals Ltd. 
    • Exhibit 103: Hitachi Metals Ltd. – Overview
    • Exhibit 104: Hitachi Metals Ltd. – Business segments
    • Exhibit 105: Hitachi Metals Ltd. – Key offerings
    • Exhibit 106: Hitachi Metals Ltd. – Segment focus
  • 10.7 Iochpe Maxion SA 
    • Exhibit 107: Iochpe Maxion SA – Overview
    • Exhibit 108: Iochpe Maxion SA – Product / Service
    • Exhibit 109: Iochpe Maxion SA – Key offerings
  • 10.8 Mangels Industrial SA 
    • Exhibit 110: Mangels Industrial SA – Overview
    • Exhibit 111: Mangels Industrial SA – Product / Service
    • Exhibit 112: Mangels Industrial SA – Key offerings
  • 10.9 RONAL AG 
    • Exhibit 113: RONAL AG – Overview
    • Exhibit 114: RONAL AG – Product / Service
    • Exhibit 115: RONAL AG – Key offerings
  • 10.10 Steel Strips Wheels Ltd. 
    • Exhibit 116: Steel Strips Wheels Ltd. – Overview
    • Exhibit 117: Steel Strips Wheels Ltd. – Product / Service
    • Exhibit 118: Steel Strips Wheels Ltd. – Key offerings
  • 10.11 Topy Industries Ltd. 
    • Exhibit 119: Topy Industries Ltd. – Overview
    • Exhibit 120: Topy Industries Ltd. – Business segments
    • Exhibit 121: Topy Industries Ltd. – Key offerings
    • Exhibit 122: Topy Industries Ltd. – Segment focus
  • 10.12 Wanfeng Group Co. Ltd. 
    • Exhibit 123: Wanfeng Group Co. Ltd. – Overview
    • Exhibit 124: Wanfeng Group Co. Ltd. – Product / Service
    • Exhibit 125: Wanfeng Group Co. Ltd. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 126: Inclusions checklist
    • Exhibit 127: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 128: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 129: Research methodology
    • Exhibit 130: Validation techniques employed for market sizing
    • Exhibit 131: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 132: List of abbreviations

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