Global Alloy Wheels Aftermarket 2016-2020

  • ID: 3920494
  • Report
  • Region: Global
  • 52 pages
  • TechNavio
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FEATURED COMPANIES

  • BBS Wheels
  • Enkei Wheels
  • Konig wheels
  • Lenso Wheels
  • Momo Wheels
  • MSW wheels
  • MORE
About Alloy Wheels

The use of alloy wheels reduces the unsprung weight and helps in better handling of vehicles. Alloy wheels are light and provide easy acceleration to the cars, leading to better mileage and fuel economy. In the automotive industry wheels made of steel is, therefore, gradually getting replaced by alloy wheels. Alloy wheels are wheels made of alloys of aluminum and magnesium. The increasing use of alloy wheels in the automotive industry is due to several benefits of alloy wheels over the conventional steel wheels.

The analysts forecast the global alloy wheels aftermarket to grow at a CAGR of 2.93% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global alloy wheels aftermarket for 2016-2020. To calculate the market size, the report considers the bottom-up approach where the number of vehicles not having OEM fitted alloy wheels.

The market is divided into the following segments based on geography:

- Americas
- APAC
- Europe

The report, Global Alloy Wheels Aftermarket 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Enkei Wheels
- Ronal Wheels
- Momo Wheels
- Uniwheels
- BBS Wheels

Other prominent vendors
- Konig wheels
- Lenso Wheels
- MSW wheels
- Rota Wheels

Market drivers
- Growing predisposition among millennials for external styling

Market challenges
- Inconsistent quality of aftermarket products and services

Market trends
- Increase in personalization of vehicles

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BBS Wheels
  • Enkei Wheels
  • Konig wheels
  • Lenso Wheels
  • Momo Wheels
  • MSW wheels
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction

PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by wheel size
  • Global alloy wheels aftermarket by wheel size
  • Global alloy wheels aftermarket in compact-size vehicle type segment
  • Global alloy wheels aftermarket in mid-size vehicle type segment
  • Global alloy wheels aftermarket in full-size vehicle type segment
PART 07: Geographical segmentation
  • Geographical segmentation of global alloy wheels aftermarket
  • Global alloy wheels aftermarket in Americas
  • Global alloy wheels aftermarket in Europe
  • Global alloy wheels aftermarket in APAC
PART 08: Leading countries

PART 09: Market drivers
  • Decrease in age of first-time buyers
  • Growing predisposition among millennials for external styling
  • Low price of aftermarket products and services
PART 10: Impact of drivers

PART 11: Market challenges
  • Increase in OEM fitment
  • Increased likelihood of getting warranty voided due to installation of aftermarket products
  • Inconsistent quality of aftermarket products and services
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Rise in sales through online channels
  • Increase in personalization of vehicles
  • Adoption of advanced technology in manufacturing of alloy wheels
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Enkei Wheels
  • Ronal Wheels
  • Momo Wheels
  • Uniwheels
  • BBS Wheels
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Segmentation of global alloy wheels aftermarket
Exhibit 03: Global alloy wheels aftermarket 2015-2020 (millions of units)
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation of global alloy wheels aftermarket by wheel size 2015 and 2020
Exhibit 06: Global alloy wheels aftermarket by wheel size 2015-2020 (millions of units)
Exhibit 07: Global alloy wheels aftermarket in compact-size vehicle type segment 2015-2020 (millions of units)
Exhibit 08: Global alloy wheels aftermarket in compact-size vehicle type segment by region 2015-2020 (millions of units)
Exhibit 09: Global alloy wheels aftermarket in mid-size vehicle type segment 2015-2020 (millions of units)
Exhibit 10: Global alloy wheels aftermarket in mid-size vehicle type segment by region 2015-2020 (millions of units)
Exhibit 11: Global alloy wheels aftermarket in full-size vehicle type segment 2015-2020 (millions of units)
Exhibit 12: Global alloy wheels aftermarket in full-size vehicle type segment by region 2015-2020 (thousands of units)
Exhibit 13: Global alloy wheels aftermarket by geography 2015 and 2020
Exhibit 14: Global alloy wheels aftermarket in Americas 2015-2020 (millions of units)
Exhibit 15: Global alloy wheels aftermarket in Europe 2015-2020 (millions of units)
Exhibit 16: Global alloy wheels aftermarket in APAC 2015-2020 (millions of units)
Exhibit 17: Leading countries
Exhibit 18: Market drivers in alloy wheels aftermarket
Exhibit 19: Impact of drivers
Exhibit 20: Challenges in global alloy wheels aftermarket
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Trends in global alloy wheels aftermarket
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BBS Wheels
  • Enkei Wheels
  • Konig wheels
  • Lenso Wheels
  • Momo Wheels
  • MSW wheels
  • MORE
New Report Released: - Global Alloy Wheels Aftermarket 2016-2020

The author of the report recognizes the following companies as the key players in the global alloy wheels aftermarket: Enkei Wheels, Ronal Wheels, Momo Wheels, Uniwheels, and BBS Wheels.

Other Prominent Vendors in the market are: Konig wheels, Lenso Wheels, MSW wheels, and Rota Wheels.

Commenting on the report, an analyst from the research team said: “One of the key trends for market growth will be adoption of advanced technology in manufacturing of alloy wheels. There are different production methods of wheels. Earlier, wheels were manufactured by the method of steel casting. But the problem with casting is the formation of air bubbles while pouring the hot molten liquid into the mold to get the required design. It causes the material to weaken, and there are higher chances of getting the alloy damaged when high pressure is applied.”

According to the report, the aftermarket supplier takes advantage of the gap in terms of quality, flexibility, features, and cost and offers much more flexibility and customization at a lower price. Moreover, aftermarket alloy wheel price will be lower than the OEMs standard alloy wheels. The growing aspiration among millennials is acting as a driver for the growth of the alloy wheels aftermarket.

Further, the report states that there has been an increase in the fitment of alloy wheels done by OEMs. More and more vehicles, even in low variants, are being equipped with alloy wheels. OEMs are trying to tap the untapped market by equipping low variant vehicles with alloy wheels, posing a big challenge to the aftermarket alloy wheel suppliers. Some OEMs even equip the alloy wheels as a standard fitment during launch as a USP and later withdraw it. Tata Motors adopted this strategy when they launched Zest in 2014.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Enkei Wheels
- Ronal Wheels
- Momo Wheels
- Uniwheels
- BBS Wheels
- Konig wheels
- Lenso Wheels
- MSW wheels
- Rota Wheels
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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