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Global Passenger Vehicle Wheels Market 2018-2022

  • Published: Mar 2018
  • Pages: 103
  • SKU: IRTNTR20305
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The global passenger vehicle wheels market size will grow by 76.45 million units during 2018-2022. This industry research report provides a detailed analysis of the market based on material (alloy, steel, and carbon) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several passenger vehicle wheels manufacturers including Borbet, CLN Group, Maxion Wheels, IOCHPE, RONAL GROUP, and UNIWHEELS Group.

Below are some of the key findings from this passenger vehicle wheels market analysis report

passenger vehicle wheels market

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Global passenger vehicle wheels industry overview

The increasing demand for vehicles in emerging countries is driving the passenger vehicle wheels market across the globe. Rising disposable income and perception of achieving higher social status by owning a passenger car increases the demand for it among people in emerging economies. Moreover, the availability of car finance at competitive rates have proved of significant importance to the growth of passenger cars across the globe. These factors drive the global passenger vehicle wheels market because an increase in the sales of passenger cars is directly proportional to the high demand for its wheels.

Industry experts believe that the adoption of advanced technologies to manufacture steel wheels is the key trend of the global passenger vehicle wheels market in the coming years. Automotive manufacturers are focusing on reducing the weight of steel wheels to enhance fuel economy and lower cost, which will lead to the adoption of advanced manufacturing technologies. Moreover, these technologically advanced wheels enhance the aesthetic appeal of the passenger cars. These factors encourage several end-users to invest in such technologically advanced steel wheels, which in turn, positively impacts the passenger vehicle wheels market growth, which is expected to have a CAGR of close to 4% during the forecast period.

Top passenger vehicle wheels companies covered in this report

The global passenger vehicle wheels market is highly fragmented. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this passenger vehicle wheels market analysis report provides critical insights to help companies make informed business decisions.

The report offers a detailed analysis of several leading passenger vehicle wheels companies, including:

  • Borbet 
  • CLN Group         
  • IOCHPE
  • Maxion Wheels
  • RONAL GROUP 
  • UNIWHEELS Group 

 Passenger vehicle wheels market segmentation based on material

  • Alloy
  • Steel
  • Carbon

Alloy segment held the largest passenger vehicle wheels market share in 2017. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Passenger vehicle wheels market segmentation based on region

  • Americas
  • APAC
  • EMEA

APAC accounted for the largest passenger vehicle wheels market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years. This research report provides an in-depth analysis of the growth of the passenger vehicle wheels market in several regions across the globe.

Key highlights of the global passenger vehicle wheels market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the passenger vehicle wheels market during the next five years
  • Precise estimation of the global passenger vehicle wheels market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the passenger vehicle wheels industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of passenger vehicle wheels companies

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Wheels

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: MARKET SEGMENTATION BY MATERIAL TYPE

  • Segmentation by material type
  • Comparison by material type
  • Alloy – Market size and forecast 2017-2022
  • Steel – Market size and forecast 2017-2022
  • Carbon – Market size and forecast 2017-2022
  • Market opportunity by material type

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Adoption of advanced technologies to manufacture steel wheels
  • Rise in sales of wheels through online portals
  • Adoption of advanced technologies to manufacture magnesium alloy wheels

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitor benchmarking

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Borbet
  • CLN Group
  • IOCHPE
  • RONAL GROUP
  • UNIWHEELS Group

PART 16: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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