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Automotive Carbon Wheels Market By Vehicle Type, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 252 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670763
The global automotive carbon wheels market was valued at $626 million in 2021 and is projected to reach $1481.5 million by 2030, growing at a CAGR of 9.9% from 2022 to 2030.
Aluminum and steel alloys have long been used in the production of automobile wheels. However, these materials are prone to corrosion and have drawbacks such as high weight. As a result, automakers prefer to make wheels out of composite materials. Fiber, which has been heretofore used in aeroplane and automotive industry structural parts, is being used in the manufacturing of automobile wheels. Automotive carbon tires are made using a range of procedures, including flow forging and dry fiber processes. These methods produce a synthetic matrix with embedded carbon fiber and resin, which is then cured with heat and pressure. These wheels provide a number of advantages, including reduced weight, increased driving comfort, and improved driving dynamics. The automotive carbon wheels are supplied by the original manufacturer.

To reduce cracking in the event of extreme loads/pressure, aluminum wheels are either cast or forged. Aluminum wheels are manufactured using two processes: casting and forging. The widespread accessibility of commodity materials, combined with corrosion resistance, will provide the market with strong growth prospects. Changes in regulatory policies to encourage the production of fuel-efficient vehicle parts have increased the demand for lightweight wheels over steel alternatives. Additionally, characteristics such as lightweight, improved heat conductivity, and anti-corrosive properties will boost aluminum material demand.

The global automotive carbon wheels market is segmented on the basis of vehicle type, distribution channel and region. By vehicle type, the market has been divided into passenger cars, commercial vehicles, and two-wheelers. By distribution channel, the analysis has been divided into OEM and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Carbon Revolution, Dymag Group Limited, ESE Carbon, ROTOBOX d.o.o., Litespeed Racing LLC, HITACHI METALS, LTD., Phoenix Wheel Company, Inc., Rolko Kohlgrüber GmbH, Thyssenkrupp AG, and Ronal Group.

Key Market Segments

By Vehicle Type

  • Two Wheeers
  • Passenger Cars
  • Commercial Vehicles

By Distribution Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Carbon Revolution
  • dymag group limited
  • ESE Carbon
  • ROTOBOX d.o.o.
  • Litespeed Racing LLC
  • HITACHI METALS, LTD.
  • Phoenix Wheel Company, Inc.
  • Rolko Kohlgrüber GmbH
  • thyssenkrupp ag
  • Ronal Group

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Key Regulation Analysis
3.9.Patent Landscape
3.10.Market Share Analysis
3.11.Regulatory Guidelines
CHAPTER 4: AUTOMOTIVE CARBON WHEELS MARKET, BY VEHICLE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Two Wheeers
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Passenger Cars
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Commercial Vehicles
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: AUTOMOTIVE CARBON WHEELS MARKET, BY DISTRIBUTION CHANNEL
5.1 Overview
5.1.1 Market size and forecast
5.2 OEM
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Aftermarket
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: AUTOMOTIVE CARBON WHEELS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Vehicle Type
6.2.3 North America Market size and forecast, by Distribution Channel
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Vehicle Type
6.2.4.1.2 Market size and forecast, by Distribution Channel
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Vehicle Type
6.2.4.2.2 Market size and forecast, by Distribution Channel
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Vehicle Type
6.2.4.3.2 Market size and forecast, by Distribution Channel
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Vehicle Type
6.3.3 Europe Market size and forecast, by Distribution Channel
6.3.4 Europe Market size and forecast, by country
6.3.4.1 U.K.
6.3.4.1.1 Market size and forecast, by Vehicle Type
6.3.4.1.2 Market size and forecast, by Distribution Channel
6.3.4.2 Germany
6.3.4.2.1 Market size and forecast, by Vehicle Type
6.3.4.2.2 Market size and forecast, by Distribution Channel
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Vehicle Type
6.3.4.3.2 Market size and forecast, by Distribution Channel
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Vehicle Type
6.3.4.4.2 Market size and forecast, by Distribution Channel
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Vehicle Type
6.3.4.5.2 Market size and forecast, by Distribution Channel
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Vehicle Type
6.3.4.6.2 Market size and forecast, by Distribution Channel
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Vehicle Type
6.4.3 Asia-Pacific Market size and forecast, by Distribution Channel
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Vehicle Type
6.4.4.1.2 Market size and forecast, by Distribution Channel
6.4.4.2 India
6.4.4.2.1 Market size and forecast, by Vehicle Type
6.4.4.2.2 Market size and forecast, by Distribution Channel
6.4.4.3 Japan
6.4.4.3.1 Market size and forecast, by Vehicle Type
6.4.4.3.2 Market size and forecast, by Distribution Channel
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Vehicle Type
6.4.4.4.2 Market size and forecast, by Distribution Channel
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Vehicle Type
6.4.4.5.2 Market size and forecast, by Distribution Channel
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Vehicle Type
6.4.4.6.2 Market size and forecast, by Distribution Channel
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Vehicle Type
6.5.3 LAMEA Market size and forecast, by Distribution Channel
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Vehicle Type
6.5.4.1.2 Market size and forecast, by Distribution Channel
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Vehicle Type
6.5.4.2.2 Market size and forecast, by Distribution Channel
6.5.4.3 UAE
6.5.4.3.1 Market size and forecast, by Vehicle Type
6.5.4.3.2 Market size and forecast, by Distribution Channel
6.5.4.4 South Africa
6.5.4.4.1 Market size and forecast, by Vehicle Type
6.5.4.4.2 Market size and forecast, by Distribution Channel
6.5.4.5 Rest of LAMEA
6.5.4.5.1 Market size and forecast, by Vehicle Type
6.5.4.5.2 Market size and forecast, by Distribution Channel
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Carbon Revolution
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 dymag group limited
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 ESE Carbon,
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 ROTOBOX d.o.o.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Litespeed Racing LLC
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 HITACHI METALS, LTD.
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Phoenix Wheel Company, Inc.
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Rolko Kohlgrüber GmbH
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 thyssenkrupp ag
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Ronal Group
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Automotive Carbon Wheels Market, by Vehicle Type, 2021-2030,($Million)
Table 2. Automotive Carbon Wheels Market Revenue, for Two Wheeers, by Region , 2021-2030,($Million)
Table 3. Automotive Carbon Wheels Market Two Wheeers by Country, 2021-2030,($Million)
Table 4. Automotive Carbon Wheels Market Revenue, for Passenger Cars, by Region , 2021-2030,($Million)
Table 5. Automotive Carbon Wheels Market Passenger Cars by Country, 2021-2030,($Million)
Table 6. Automotive Carbon Wheels Market Revenue, for Commercial Vehicles, by Region , 2021-2030,($Million)
Table 7. Automotive Carbon Wheels Market Commercial Vehicles by Country, 2021-2030,($Million)
Table 8. Global Automotive Carbon Wheels Market, by Distribution Channel, 2021-2030,($Million)
Table 9. Automotive Carbon Wheels Market Revenue, for Oem, by Region , 2021-2030,($Million)
Table 10. Automotive Carbon Wheels Market Oem by Country, 2021-2030,($Million)
Table 11. Automotive Carbon Wheels Market Revenue, for Aftermarket, by Region , 2021-2030,($Million)
Table 12. Automotive Carbon Wheels Market Aftermarket by Country, 2021-2030,($Million)
Table 13. Automotive Carbon Wheels Market, by Region, 2021-2030,($Million)
Table 14. North America Automotive Carbon Wheels Market, by Vehicle Type, 2021-2030,($Million)
Table 15. North America Automotive Carbon Wheels Market, by Distribution Channel, 2021-2030,($Million)
Table 16. North America Automotive Carbon Wheels Market, by Country, 2021-2030,($Million)
Table 17. U.S. Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 18. U.S. Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 19. Canada Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 20. Canada Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 21. Mexico Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 22. Mexico Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 23. Europe Automotive Carbon Wheels Market, by Vehicle Type, 2021-2030,($Million)
Table 24. Europe Automotive Carbon Wheels Market, by Distribution Channel, 2021-2030,($Million)
Table 25. Europe Automotive Carbon Wheels Market, by Country, 2021-2030,($Million)
Table 26. U.K. Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 27. U.K. Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 28. Germany Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 29. Germany Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 30. France Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 31. France Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 32. Spain Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 33. Spain Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 34. Italy Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 35. Italy Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 36. Rest of Europe Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 37. Rest of Europe Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 38. Asia-Pacific Automotive Carbon Wheels Market, by Vehicle Type, 2021-2030,($Million)
Table 39. Asia-Pacific Automotive Carbon Wheels Market, by Distribution Channel, 2021-2030,($Million)
Table 40. Asia-Pacific Automotive Carbon Wheels Market, by Country, 2021-2030,($Million)
Table 41. China Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 42. China Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 43. India Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 44. India Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 45. Japan Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 46. Japan Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 47. South Korea Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 48. South Korea Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 49. Australia Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 50. Australia Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 51. Rest of Asia-Pacific Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 52. Rest of Asia-Pacific Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 53. LAMEA Automotive Carbon Wheels Market, by Vehicle Type, 2021-2030,($Million)
Table 54. LAMEA Automotive Carbon Wheels Market, by Distribution Channel, 2021-2030,($Million)
Table 55. LAMEA Automotive Carbon Wheels Market, by Country, 2021-2030,($Million)
Table 56. Brazil Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 57. Brazil Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 58. Saudi Arabia Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 59. Saudi Arabia Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 60. UAE Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 61. UAE Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 62. South Africa Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 63. South Africa Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 64. Rest of LAMEA Automotive Carbon Wheels Market by Vehicle Type 2021-2030,($Million)
Table 65. Rest of LAMEA Automotive Carbon Wheels Market by Distribution Channel 2021-2030,($Million)
Table 66. Carbon Revolution: Company Snapshot
Table 67. Carbon Revolution: Operating Segments
Table 68. Carbon Revolution: Product Portfolio
Table 69. Carbon Revolution: Net Sales
Table 70. Carbon Revolution: Key Stratergies
Table 71. Dymag Group Limited: Company Snapshot
Table 72. Dymag Group Limited: Operating Segments
Table 73. Dymag Group Limited: Product Portfolio
Table 74. Dymag Group Limited: Net Sales
Table 75. Dymag Group Limited: Key Stratergies
Table 76. Ese Carbon,: Company Snapshot
Table 77. Ese Carbon,: Operating Segments
Table 78. Ese Carbon,: Product Portfolio
Table 79. Ese Carbon,: Net Sales
Table 80. Ese Carbon,: Key Stratergies
Table 81. Rotobox D.O.O.: Company Snapshot
Table 82. Rotobox D.O.O.: Operating Segments
Table 83. Rotobox D.O.O.: Product Portfolio
Table 84. Rotobox D.O.O.: Net Sales
Table 85. Rotobox D.O.O.: Key Stratergies
Table 86. Litespeed Racing LLC: Company Snapshot
Table 87. Litespeed Racing LLC: Operating Segments
Table 88. Litespeed Racing LLC: Product Portfolio
Table 89. Litespeed Racing LLC: Net Sales
Table 90. Litespeed Racing LLC: Key Stratergies
Table 91. Hitachi Metals, Ltd.: Company Snapshot
Table 92. Hitachi Metals, Ltd.: Operating Segments
Table 93. Hitachi Metals, Ltd.: Product Portfolio
Table 94. Hitachi Metals, Ltd.: Net Sales
Table 95. Hitachi Metals, Ltd.: Key Stratergies
Table 96. Phoenix Wheel Company, Inc.: Company Snapshot
Table 97. Phoenix Wheel Company, Inc.: Operating Segments
Table 98. Phoenix Wheel Company, Inc.: Product Portfolio
Table 99. Phoenix Wheel Company, Inc.: Net Sales
Table 100. Phoenix Wheel Company, Inc.: Key Stratergies
Table 101. Rolko Kohlgrüber GmbH: Company Snapshot
Table 102. Rolko Kohlgrüber GmbH: Operating Segments
Table 103. Rolko Kohlgrüber GmbH: Product Portfolio
Table 104. Rolko Kohlgrüber GmbH: Net Sales
Table 105. Rolko Kohlgrüber GmbH: Key Stratergies
Table 106. Thyssenkrupp Ag: Company Snapshot
Table 107. Thyssenkrupp Ag: Operating Segments
Table 108. Thyssenkrupp Ag: Product Portfolio
Table 109. Thyssenkrupp Ag: Net Sales
Table 110. Thyssenkrupp Ag: Key Stratergies
Table 111. Ronal Group: Company Snapshot
Table 112. Ronal Group: Operating Segments
Table 113. Ronal Group: Product Portfolio
Table 114. Ronal Group: Net Sales
Table 115. Ronal Group: Key Stratergies
List of Figures
Figure 1. Automotive Carbon Wheels Market Segmentation
Figure 2. Automotive Carbon Wheels Market,2021-2030
Figure 3. Automotive Carbon Wheels Market,2021-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Automotive Carbon Wheels Market:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Key Regulation Analysis
Figure 14. Patent Analysis by Company
Figure 15. Patent Analysis by Country
Figure 16. Market Share Analysis
Figure 17. Regulatory Guidelines
Figure 18. Automotive Carbon Wheels Market,By Vehicle Type,2021(%)
Figure 19. Comparative Share Analysis of Two Wheeers Automotive Carbon Wheels Market,2021-2030(%)
Figure 20. Comparative Share Analysis of Passenger Cars Automotive Carbon Wheels Market,2021-2030(%)
Figure 21. Comparative Share Analysis of Commercial Vehicles Automotive Carbon Wheels Market,2021-2030(%)
Figure 22. Automotive Carbon Wheels Market,By Distribution Channel,2021(%)
Figure 23. Comparative Share Analysis of OEM Automotive Carbon Wheels Market,2021-2030(%)
Figure 24. Comparative Share Analysis of Aftermarket Automotive Carbon Wheels Market,2021-2030(%)
Figure 25. Automotive Carbon Wheels Market by Region,2021
Figure 26. U.S. Automotive Carbon Wheels Market,2021-2030($Million)
Figure 27. Canada Automotive Carbon Wheels Market,2021-2030($Million)
Figure 28. Mexico Automotive Carbon Wheels Market,2021-2030($Million)
Figure 29. U.K. Automotive Carbon Wheels Market,2021-2030($Million)
Figure 30. Germany Automotive Carbon Wheels Market,2021-2030($Million)
Figure 31. France Automotive Carbon Wheels Market,2021-2030($Million)
Figure 32. Spain Automotive Carbon Wheels Market,2021-2030($Million)
Figure 33. Italy Automotive Carbon Wheels Market,2021-2030($Million)
Figure 34. Rest of Europe Automotive Carbon Wheels Market,2021-2030($Million)
Figure 35. China Automotive Carbon Wheels Market,2021-2030($Million)
Figure 36. India Automotive Carbon Wheels Market,2021-2030($Million)
Figure 37. Japan Automotive Carbon Wheels Market,2021-2030($Million)
Figure 38. South Korea Automotive Carbon Wheels Market,2021-2030($Million)
Figure 39. Australia Automotive Carbon Wheels Market,2021-2030($Million)
Figure 40. Rest of Asia-Pacific Automotive Carbon Wheels Market,2021-2030($Million)
Figure 41. Brazil Automotive Carbon Wheels Market,2021-2030($Million)
Figure 42. Saudi Arabia Automotive Carbon Wheels Market,2021-2030($Million)
Figure 43. Uae Automotive Carbon Wheels Market,2021-2030($Million)
Figure 44. South Africa Automotive Carbon Wheels Market,2021-2030($Million)
Figure 45. Rest of LAMEA Automotive Carbon Wheels Market,2021-2030($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap of Top 10 Key Players
Figure 52. Carbon Revolution.: Net Sales ,($Million)
Figure 53. Dymag Group Limited.: Net Sales ,($Million)
Figure 54. Ese Carbon,.: Net Sales ,($Million)
Figure 55. Rotobox D.O.O..: Net Sales ,($Million)
Figure 56. Litespeed Racing LLC.: Net Sales ,($Million)
Figure 57. Hitachi Metals, Ltd..: Net Sales ,($Million)
Figure 58. Phoenix Wheel Company, Inc..: Net Sales ,($Million)
Figure 59. Rolko Kohlgrüber GmbH.: Net Sales ,($Million)
Figure 60. Thyssenkrupp AG.: Net Sales ,($Million)
Figure 61. Ronal Group.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Automotive Carbon Wheels Market," the automotive carbon wheels market was valued at $626.00 million in 2021, and is estimated to reach $1.5 billion by 2030, growing at a CAGR of 9.9% from 2022 to 2030.

Automotive carbon wheels are designed for use in high-performance vehicles such as sports cars and SUVs, where wheel strength, weight, and vibration dampening capabilities are critical. People's disposable income has increased, increasing their purchasing power and increasing their preference for luxury items such as performance vehicles. Automobili Lamborghini S.p.A., a German performance car manufacturer, saw a 43% increase in sales in 2019 with a total of 8,205 units sold globally, up from 5,750 units sold the previous year. As a result, the global automotive carbon wheel market is being propelled by an increase in the sale of performance vehicles.

Automotive carbon wheels are also lightweight and strong wheels made of carbon fibre reinforced polymers. These wheels are commonly used to improve speed efficiency in luxury and premium vehicles. Rising premium and luxury vehicle ownership, as well as an increase in the number of Ultra-High and High Net Worth Individuals (HNWI), will drive industry growth. Furthermore, vehicle owners' ongoing efforts to improve efficiency, performance, and aesthetic appeal will drive up demand for aftermarket automotive carbon wheels. As a result, all of these factors are expected to gain traction for automotive carbon wheels.

The global automotive carbon wheels market is segmented on the basis of vehicle type, distribution channel and region. By vehicle type, the market has been divided into passenger cars, commercial vehicles, and two-wheelers. By distribution channel, the analysis has been divided into OEM and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Carbon Revolution, Dymag Group Limited, ESE Carbon, ROTOBOX d.o.o., Litespeed Racing LLC, HITACHI METALS, LTD., Phoenix Wheel Company, Inc., Rolko Kohlgrüber GmbH, Thyssenkrupp AG, and Ronal Group.

The report focuses on the global automotive carbon wheels market. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for automotive carbon wheels in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

IMPACT OF COVID-19 ON THE GLOBAL AUTOMOTIVE CARBON WHEELS MARKET

  • The Covid-19 impact on automotive carbon wheels market has been negative. The global reduction in automotive sales in 2020 due to the lockdowns and restrictions during the pandemic has drastically significantly impacted the sales of automotive carbon wheels globally.
  • During the pandemic, the disturbance in international supply chains for transportation of essential components that are utilized in automotive carbon wheels such as semiconductors has also impacted the global automotive carbon wheels market size.

Key Findings of the Study

  • On the basis of vehicle type, the passenger cars sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of distribution channel, the OEM sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of region, North America is projected to have the fastest growing market during the forecast period.

Companies Mentioned

  • Carbon Revolution
  • Dymag Group Limited
  • Ese Carbon,
  • Rotobox D.O.O.
  • Litespeed Racing LLC
  • Hitachi Metals, Ltd.
  • Phoenix Wheel Company, Inc.
  • Rolko Kohlgrüber GmbH
  • Thyssenkrupp AG
  • Ronal Group

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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