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Global Aluminum Alloy Wheel Market 2019-2023 - Product Image

Global Aluminum Alloy Wheel Market 2019-2023

  • ID: 4768319
  • Report
  • Region: Global
  • 109 pages
  • TechNavio
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FEATURED COMPANIES

  • Accuride Corporation
  • Arconic (Alcoa Wheels)
  • CITIC Limited
  • MORE
Increased benefits of aluminum in alloy wheels over conventional materials is a key factor driving the growth of the market. Alloy wheels are highly resistant to oxidation thus, they are less prone to rust and corrosion. Aluminum is a good dispenser of heat compared to pure metals, which helps in extending the longevity of tires. Further, the aesthetic appeal of these wheels will boost their demand in the market. The analysts have predicted that aluminum alloy wheel market will register a CAGR of over 2% by 2023.

Market Overview

Need to comply with government regulations to curb pollution

Vehicle owners need to comply with state and federal laws in order to protect the environment. The use of aluminum alloy wheels in vehicles helps in reducing the overall weight of the vehicle and thereby decreasing their carbon footprint allowing them to comply the government regulation.

Fluctuating raw material prices

The key factor which will hamper the growth of the market is the fluctuating raw material prices. The primary raw material used is aluminum along with second metal such as magnesium. The volatility in the prices of aluminum due to the imbalance in its demand and supply can prove to be a challenge in the market.

For the detailed list of factors that will drive and challenge the growth of the aluminum alloy wheel market during 2019-2023, view the report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies. Factors such as the need to comply with government regulations to curb pollution coupled with the benefits of aluminum in alloy wheels over conventional materials will provide considerable growth opportunities to aluminum alloy wheel manufactures. Accuride Corporation, Arconic (Alcoa Wheels), CITIC Limited, Enkei Wheels (India) Limited, and Superior Industries International, Inc. are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accuride Corporation
  • Arconic (Alcoa Wheels)
  • CITIC Limited
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Passenger vehicle - Market size and forecast 2018-2023
  • Commercial vehicle - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Accuride Corporation
  • Arconic (Aloca Wheels)
  • CITIC Limited
  • Enkei Wheels (India) Limited
  • Superior Industries International, Inc.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global automotive components market
Exhibit 02: Segments of global automotive components market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Passenger vehicle - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Global passenger vehicles market 2017-2022 (millions of units)
Exhibit 21: Passenger vehicle - Year-over-year growth 2019-2023 (%)
Exhibit 22: Commercial vehicle - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Global commercial vehicles market 2017-2022 (millions of units)
Exhibit 24: Commercial vehicle - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by application
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Year-on-year growth rate of price of aluminum 2012-2018 (%)
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Accuride Corporation - Vendor overview
Exhibit 49: Accuride Corporation - Business segments
Exhibit 50: Accuride Corporation - Organizational developments
Exhibit 51: Accuride Corporation - Key offerings
Exhibit 52: Arconic (Aloca Wheels) - Vendor overview
Exhibit 53: Arconic (Aloca Wheels) - Business segments
Exhibit 54: Arconic (Aloca Wheels) - Organizational developments
Exhibit 55: Arconic (Aloca Wheels) - Geographic focus
Exhibit 56: Arconic (Aloca Wheels) - Segment focus
Exhibit 57: Arconic (Aloca Wheels) - Key offerings
Exhibit 58: CITIC Limited - Vendor overview
Exhibit 59: CITIC Limited - Business segments
Exhibit 60: CITIC Limited - Geographic focus
Exhibit 61: CITIC Limited - Segment focus
Exhibit 62: CITIC Limited - Key offerings
Exhibit 63: Enkei Wheels (India) Limited - Vendor overview
Exhibit 64: Enkei Wheels (India) Limited - Business segments
Exhibit 65: Enkei Wheels (India) Limited - Key offerings
Exhibit 66: Superior Industries International, Inc. - Vendor overview
Exhibit 67: Superior Industries International, Inc. - Business segments
Exhibit 68: Superior Industries International, Inc. - Organizational developments
Exhibit 69: Superior Industries International, Inc. - Geographic focus
Exhibit 70: Superior Industries International, Inc. - Segment focus
Exhibit 71: Superior Industries International, Inc. - Key offerings
Exhibit 72: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accuride Corporation
  • Arconic (Alcoa Wheels)
  • CITIC Limited
  • MORE
Global Aluminum Alloy Wheel Market 2019-2023

The analyst recognizes the following companies as the key players in the global aluminum alloy wheel market: Accuride Corporation, Arconic (Alcoa Wheels), CITIC Limited, Enkei Wheels (India) Limited, and Superior Industries International, Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the emergence of carbon fiber alloy wheels.”

According to the report, one of the major drivers for this market is the need to comply with government regulations to curb pollution.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuating raw material prices.

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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  • Accuride Corporation
  • Arconic (Alcoa Wheels)
  • CITIC Limited
  • Enkei Wheels (India) Limited
  • Superior Industries International, Inc.
Note: Product cover images may vary from those shown
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