Automotive Wheel Rims Market Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

According to a new market research report published by Credence Research, the global automotive wheel rim market is set to grow with a promising CAGR of 5.1% over the forecast period to reach US$ 62.7 billion by 2026.

Market Insights

The rim is the outer part of the wheel holding the tire. It is a highly stressed component in a vehicle that is subjected to to torsional and bending loads. Wheels must be strong enough to convey the mass of the vehicle and withstand the forces generated in the middle of the operation. The overall automotive wheel rim market is set to grow by 5.1% over the forecast period from 2018 to 2026, mainly due to the rapid increase in automotive production worldwide. The global automotive industry is in a better shape than it was a few years ago, especially in China, where growth remains strong. For example, the number of passenger cars sold in 2017: 79.02 Mn was much higher than the average of less than 55 Mn sold in the years 2000 to 2014, and the outlook for future growth is even better.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/automotive-wheel-rims-market

Automotive wheel rims market segmented on the basis of material type, rim size, sales channel and vehicle type. By material type, the overall market for alloy wheel rims in 2017 was close to 50 percent of the total market value. Growing trend towards the reduction of overall vehicle weight, driving the growth of alloy wheel rims. Asia Pacific was the largest automotive wheel rim market in 2017. The region represented more than half of the total market value generated worldwide. Moreover, Asia Pacific is also set to show the highest growth over the forecast period, mainly due to the development of the automotive industry across the region.

Further, carbon dioxide regulation is likely to remain tighten as effect of alarming percentage of polluting content in air. European countries, the US, China and Japan among others have sanctioned laws to lessen emissions. This will push Original Equipment Manufacturers (OEMs) to invest more in reducing overall weight of vehicles. Alloy wheel rims reduce the unstrung weight of the vehicle compared to standard steel wheels. Reduction of weight leads to more precise handling and minimizing the fuel consumption, thereby reducing the emission. With aforementioned benefits, alloy wheel rims valued for close to 50% of the overall market value generated across the world. Further, shift towards electrification of vehicles expected to provide stimulus to overall automobile production. With growing production of automobiles, automotive wheel rims expected to witness rapid growth throughout the forecast period.

Key players of global automotive wheel rims market includes CITIC Dicastal Co., Ltd., ALCOA Wheels Inc., BORBET GmbH, ENKEI Corporation, Ronal Group, CM Wheels, Maxion Wheels U.S.A. LLC, Uniwheels Group, Superior Industries Inc., Azov-tech, K&K LLC, SKAD Ltd., Accuride Corporation, Steel Strips Wheels Ltd., Hitachi Metals, Ltd., Zhejiang Wanfeng Auto Wheel Co., Ltd., Mangels Industrial SA, Mefro Wheels GmbH and NTN Corporation.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59341

Table of Content

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III - Expert Panel Review
1.3.7 Assumptions
 1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Wheel Rims Market
2.1.1 Global Automotive Wheel Rims Market, by Material, 2017 (US$ Bn)
2.1.2 Global Automotive Wheel Rims Market, by Rim Size, 2017 (US$ Bn)
2.1.3 Global Automotive Wheel Rims Market, by Sales Channel, 2017 (US$ Bn)
2.1.4 Global Automotive Wheel Rims Market, by Vehicle, 2017 (US$ Bn)
 2.1.5 Global Automotive Wheel Rims Market, by Geography, 2017 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Automotive Wheel Rims Market Value, 2016 - 2026 (US$ Bn)
3.2 Market Inclination Insights
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.2 Market Restraint
3.4 Attractive Investment Proposition, by Geography, 2017
3.5 Market Positioning of Key Automotive Wheel Rims Manufacturers, 2017
 3.5.1 Major Strategies Adopted by Leading Companies

Chapter 4 Global Automotive Wheel Rims Market, by Material type, 2016 - 2026, (US$ Bn)
4.1 Overview
4.1.1 Global Automotive Wheel Rims Market Value Share, by Material type, 2017 & 2026 (Value, %)
4.1.2 Global Automotive Wheel Rims Market, by Material type, 2016 - 2026 (US$ Bn)
4.2 Carbon Fiber Wheel Rims
4.2.1 Global Carbon Fiber Wheel Rims Market, 2016 - 2026 (US$ Bn)
4.3 Steel Disc Wheel Rims
4.3.1 Global Steel Disc Wheel Rims Market, 2016 - 2026 (US$ Bn)
4.4 Alloy Wheel Rims
 4.4.1 Global Alloy Wheel Rims Market, 2016 - 2026 (US$ Bn)

Chapter 5 Global Automotive Wheel Rims Market, by Rim Size, 2016 - 2026, (US$ Bn)
5.1 Overview
5.1.1 Global Automotive Wheel Rims Market Value Share, by Rim Size, 2017 & 2026 (Value, %)
5.1.2 Global Automotive Wheel Rims Market, by Rim Size, 2016 - 2026 (US$ Bn)
5.2 11" to 20"
5.2.1 Global Automotive Wheel Rims Market for 11" to 20", 2016 - 2026 (US$ Bn)
5.3 21" to 25"
5.3.1 Global Automotive Wheel Rims Market for 21" to 25", 2016 - 2026 (US$ Bn)
5.4 26" to 35"
 5.4.1 Global Automotive Wheel Rims Market for 26" to 35", 2016 - 2026 (US$ Bn)

Chapter 6 Global Automotive Wheel Rims Market, by Sales Channel, 2016 - 2026, (US$ Bn)
6.1 Overview
6.1.1 Global Automotive Wheel Rims Market Value Share, by Sales Channel, 2017 & 2026 (Value, %)
6.1.2 Global Automotive Wheel Rims Market, by Sales Channel, 2016 - 2026 (US$ Bn)
6.2 Original Equipment Manufacturers (OEMs)
6.2.1 Global Automotive Wheel Rims Market for OEMs, 2016 - 2026 (US$ Bn)
6.3 Aftermarket
 6.3.1 Global Automotive Wheel Rims Market for Aftermarket, 2016 - 2026 (US$ Bn)

Chapter 7 Global Automotive Wheel Rims Market, by Vehicle, 2016 - 2026, (US$ Bn)
7.1 Overview
7.1.1 Global Automotive Wheel Rims Market Value Share, by Vehicle, 2017 & 2026 (Value, %)
7.1.2 Global Automotive Wheel Rims Market, by Vehicle, 2016 - 2026 (US$ Bn)
7.2 Two Wheelers
7.2.1 Global Automotive Wheel Rims Market for Two Wheelers, 2016 - 2026 (US$ Bn)
7.3 Cars
7.3.1 Global Automotive Wheel Rims Market for Cars, 2016 - 2026 (US$ Bn)
7.4 Heavy Vehicles
7.4.1 Global Automotive Wheel Rims Market for Heavy Vehicles, 2016 - 2026 (US$ Bn)
7.5 Buses
7.5.1 Global Automotive Wheel Rims Market for Buses, 2016 - 2026 (US$ Bn)
7.6 Others
 7.6.1 Global Automotive Wheel Rims Market for Others, 2016 - 2026 (US$ Bn)

Chapter 8 North America Automotive Wheel Rims Market Analysis, 2016 - 2026, (US$ Bn)
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Chapter 9 Europe Automotive Wheel Rims Market Analysis, 2016 - 2026, (US$ Bn)
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Chapter 10 Asia Pacific Automotive Wheel Rims Market Analysis, 2016 - 2026, (US$ Bn)
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Chapter 11 Rest of the World Automotive Wheel Rims Market Analysis, 2016 - 2026, (US$ Bn)
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You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59341

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