Automotive Metal Wheel Market (2022 - 2032)

Automotive Metal Wheel Market by Material (Steel, Aluminum, Composite, Magnesium), by Sales Channel, by Vehicle Type (Compact, Mid-Sized, Premium Passenger Cars, Luxury Passenger Cars, LCVs, HCVs), by Technology (Casting, Forging), and by Region - Global Insights 2022 to 2032

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Core Findings

    Automotive Metal Wheel Market Outlook till 2032

    The global automotive metal wheel market industry analysis by Fact.MR reveals that the market is expected to be valued at US$ 45.2 Billion in 2022, and is likely to reach US$ 79.91 Billion by 2032, registering a CAGR of 5.9% during the forecast period (2022 to 2032).

    Automotive metal wheel is a component that rotates and transmits the drive of the axle to the road. It also provides a means to affix the tires. The automotive wheel is made up of a rim, spoke, and hub. The demand for automotive metal wheels is high in cold countries, owing to their ability to provide traction, dampen acceleration, and minimize the possibility of skidding. Steel metal wheels contract less in cold temperatures and hence, do not face inconsistent loss of tire pressure.

    Demand for steel metal wheels in cold regions such as North America and Europe is anticipated to drive the Automotive metal wheel market in these regions. Increment in number of first-time vehicle buyers in developing regions has fueled the demand for low-cost wheels, such as metal wheels, thereby driving their demand.

    Low-end segment of vehicles witnesses an increase in preference for automotive metal wheels, thus fuelling their demand. Development of high strength steel wheels, as a result of advancements in technology and design, has led to an increase in demand for automotive metal wheels, globally.

    Report Attributes Details
    Estimated Base Year Value (2022) US$ 45.2 Billion
    Expected Market Value (2032) US$ 79.91 Billion
    Projected Growth Rate (2022 to 2032) 5.9% CAGR
    Market Share of the Asia-pacific (2021) US$ 4.5 Billion
    Major Automotive Metal Wheel Suppliers Iochpe-Maxion; CITIC Dicastal; Borbet; Superior Industries; Topy; Accuride; Lizhong Group; Jingu Group; ALCAR; Enkei Wheels

    What are the Key Growth Factors of Automotive Metal Wheel Market?

    Increase in Automotive Manufacturing Encouraging Market Growth

    The automotive wheel market is growing due to growth in automobile production and a continuing trend of vehicle weight reduction. The automotive wheel market is fueled by the need for light weight wheels to reduce vehicle weight and improve fuel efficiency.

    The industry’s growth has been boosted by technological advancements and product developments in design and material. Furthermore, the rising consumer expenditure on vehicles, together with rising population, boosts the automotive wheel market growth.

    The increasing in middle-class people’s disposable income is driving the demand for the automotive wheel in the market. Furthermore, the rising vehicle demand from nations such as Germany, China, the U.S., and India is driving the growth of the automotive wheel market.

    In cold nations, the demand for automobiles with heavy metal wheels is growing since these wheels effectively resist sliding during snow or hail. This aspect is expected to stifle the market for automotive wheel in the coming years.

    What are the Challenges Faced by the Automotive Metal Wheel Market?

    The demand for automotive wheels will be challenged by the extension of component life through repair and maintenance, as this serves to extend the life of a component and so reduces the demand for new components.

    The new and innovative technologies are being introduced to the automotive wheel market that will allow customers to fix their wheel components without having to replace them. As more firms enter the automotive wheel market, the demand for new components, particularly wheels, will decline in both the local and regional markets.

    The automotive wheel market’s growth would be hampered by the high prices of raw materials for high-performance wheels, as well as the limitations associated with inaccurate sensor input created as a result of aftermarket wheel integration. The manufacturing costs, on the other hand, will continue to be a huge obstacle to market profitability and economic viability, as will technological developments to boost performance while decreasing vehicle weight for better fuel efficiency.

    Comparative View of Adjacent Automotive Metal Wheel Markets

    Automotive Metal Wheel Market :

    Attributes Automotive Metal Wheel Market
    CAGR (2022 to 2032) 5.9%
    Market Value (2032) US$ 79.91 Billion
    Growth Factor Improved vehicle dynamics and increasing demand for light weight materials is propelling the demand for automotive wheels, hence driving the market growth.
    Opportunity Use of advanced materials and adoption of new composition in wheels will present several opportunities for this market.

    Alloy Wheel Market :

    Attributes Alloy Wheel Market
    CAGR (2022 to 2032) 9.4%
    Market Value (2032) US$ 32 Billion
    Growth Factor Superior thermal conductivity compared to Steel, more structural endurance, improved grip on tough terrains, and better corrosion resistance are some key properties pushing the demand for Aluminium alloy wheels.
    Opportunity With the growth in the transportation sector, production of passenger cars and commercial vehicles has sky rocketed, which is opening many opportunistic doors for the alloy wheel market.

    Automotive Wheel Rims Market :

    Attributes Automotive Wheel Rims Market
    CAGR (2022 to 2032) 8.1%
    Market Value (2032) US$ 38 Billion
    Growth Factor Manufacturers are inclined towards developing technological advanced components in order to cope with the emission standards. This factor is driving the market growth.
    Opportunity Increased supply of superior rim components is anticipated to present opportunistic prospects for this market.

    Which region is anticipated to offer the Biggest Opportunity for Automotive Metal Wheel Market?

    Asia Pacific is projected to offer biggest opportunity owing to the high growth rate of urbanization and industrialization in developing countries across the region which will offer plentiful growth opportunities for the automotive metal wheel market.

    The automotive metal wheel market in APAC is expected to grow from US$ 4.5 Billion in 2022 to US$ 6.7 Billion by 2032. It is estimated to grow at a CAGR of 4% from 2022 to 2032.

    Growth in logistic industry has been seen in Asia pacific due to the growth of e-commerce industry. The presence of a large number of developing countries and positive economic outlook coupled with high industrial presence and huge population are going to maintain dominance of APAC in automotive metal wheel market.

    Country-wise Analysis

    Demand for wheels from OEMs, AM and export are driving the growth in China

    China's output of automotive wheel rose 7.1% year on year to about 270 million units, with the CAGR of 14.2% between 2009 and 2017. The automotive metal wheel industry grows steadily in pace with the automobile industry. the automotive wheel industry will see a CAGR of 6% from 2022 to 2032. With at least 70% of the world's wheels produced in China, it has become the global production center for automotive metal wheels.

    Europe will witness fastest growth in Automotive Metal Wheel Market in the forecast period

    The factors such as infrastructural development, consumer’s purchasing power, and shift in lifestyle of consumers are driving the automobile and automotive demand, which, in turn, is driving demand for automotive metal wheel market in Europe. According to Fact.MR, a CAGR of 6.2% has been anticipated for the industry across the continent.

    Technological Innovations are setting the pace for the growth of automotive metal wheels in Japan

    With constant evolution of R&D activities to devise the latest and highest production techniques as well as to explore the strongest but lightest-weight material options are expanding the growth potential of Japan in automotive wheel market. Expansion of e-commerce and logistic industry in Japan are also assisting in driving the demand for automotive wheels resulting in market expansion.

    Country-wise Forecast CAGRs for the Automotive Metal Wheel Market

    Country CAGR

    China

    6%

    Europe

    6.2%

    U.S.

    7%

    Japan

    4.9%

    Category-wise Insights

    OEMs are dominating the Automotive Metal Wheel Market

    OEMs is the leading segment in the automotive metal wheel market. The-use consumers demanding lighter and performance-efficient wheels, manufacturers in the global automotive metal wheel market are investing in a broad range of product simulations during the wheel development phase. This is leading to the expansion of OEM in this market. Fact.MR expects OEMs to account for nearly 60% of total automotive metal wheel sales.

    Aluminium Alloy Metal in for a Bright Future in the Global Automotive Metal Wheel Market

    Superior thermal conductivity compared to Steel, more structural strength, improved grip on difficult terrains, and better corrosion resistance are some key properties pushing the demand for aluminium alloy wheels through 2022. Enhanced scope for multiple design innovations along with better fuel economy will result in widespread consumption of alloys wheels.

    However, heavy steel wheels are likely to witnessed increased adoption in cold regions considering better vehicular stability in extreme winter conditions. Additionally, steel is likely to remain the most metal in the automotive metal wheel market considering its affordability. A market share of 44% is anticipated for aluminium wheels in 2022.

    Manufacturers experimenting with Titanium for More Lightweight Wheels

    Manufacturers of automotive metal wheels have been experimenting with titanium alloy-especially in electric vehicles, by replacing aluminium wheel centres with titanium alloys for light weight wheels. Additionally, manufacturers are also using carbon fiber band instead of aluminium for a significant reduction in weight and rotational inertia in automotive metal wheels.

    Moreover, Fact.MR also predicts growing demand for carbon fiber reinforced polymer (CFRP) for wheel rims to deliver critical thermal and mechanical performance, resulting in reduced energy consumption. The ongoing light weighting trend in the automotive metal wheel market is pushing OEMs and manufacturers to strengthen their R&D along material innovations.

    Market Competition

    Iochpe-Maxion, CITIC Dicastal, Borbet, Superior Industries, Accuride, and Jingu Group are some key companies profiled by Fact.MR in its report on global automotive metal wheel market. Key manufacturers are adoption a slew of expansion strategies- from introducing new product lines to expanding production and distribution capabilities. Additionally, they are collaborating with automotive component manufacturers to strengthen their global presence. Some key developments in this industry are as follows:

    • In September 2021, Borbet introduced its CWZ five double-spoke wheel rim design, suitable for vehicles with wheel loads of up to 1,250 kilograms, such as the VW Crafter, Amarok, T5 and T6, Mercedez V-Class, and the EQV all-electric people carrier. The Borbet CWZ, which is based upon the Borbet Z design, is available in a 7.5×18-inch size for various bolt circles from 112/5 to 130/5.
    • As one of the world's leading comprehensive wheel makers, Topy manufactures wheels of all types for a variety of purposes - passenger cars, trucks, buses, and small and large construction vehicles - to meet the diverse needs of the automotive and construction machinery industries.
    • In January 2022, Superior Industries Inc. announced a partnership expansion with General Aggregate Equipment Sales, which would represent the company’s full-line of equipment in Manitoba and Saskatchewan. General Aggregate Equipment Sales will sell, service and support Superior’s crushing, screening, washing and conveying equipment in Manitoba and Saskatchewan as well.
    • In November 2022, Maxion Wheels was selected by Wabash, a pioneer in commercial trailers and truck bodies, as their steel wheel standard position supplier until 2027. Maxion Wheels, a division of Iochpe-Maxion S.A., is the world’s leading steel and aluminum wheel supplier. Maxion Wheels works with global vehicle manufacturers on wheels for personal mobility, transportation, agriculture, defense, and off-highway applications.

    Key Segments Profiled in the Automotive Metal Wheel Market :

    • By Material :

      • Steel
      • Aluminum
      • Composite
      • Magnesium
      • Composites
      • Others

    • By Technology :

      • Casting
      • Forging
      • Others

    • By Sales Channel :

      • OEMs
      • Aftermarket

    • By Vehicle Type :

      • HCVs
      • LCVs
      • Compact Cars
      • Midsized Cars
      • Premium Cars
      • Luxury Cars

    • By Region :

      • North America
      • Latin America
      • Europe
      • Japan
      • APEJ
      • Middle East & Africa

    Table of Content

    • 1. Global Market - Executive Summary
    • 2. Global Market Overview
    • 3. Global Market Analysis and Forecast By Material
      • 3.1. Steel Wheel
      • 3.2. Aluminium Alloy Wheel
      • 3.3. Magnesium
      • 3.4. Composites (FRP)
      • 3.5. Others
    • 4. Global Market Analysis and Forecast By Sales Channel
      • 4.1. OEM
      • 4.2. After
    • 5. Global Market Analysis and Forecast By Vehicle Type
      • 5.1. Compact Passenger Cars
      • 5.2. Mid-sized Passenger Cars
      • 5.3. Premium Passenger Cars
      • 5.4. Luxury Passenger Cars
      • 5.5. Light Commercial Vehicles
      • 5.6. Heavy Commercial Vehicles
    • 6. Global Market Analysis and Forecast By Technology
      • 6.1. Casting
      • 6.2. Forging
      • 6.3. Others
    • 7. Global Market Analysis and Forecast By Region
      • 7.1. North America
      • 7.2. Latin America
      • 7.3. Europe Automotive Wheel
      • 7.4. Japan
      • 7.5. APEJ
      • 7.6. MEA
    • 8. North America Market Analysis and Forecast, By Country, 2017 to 2032
    • 9. Latin America Market Analysis and Forecast, By Country, 2017 to 2032
    • 10. Europe Market Analysis and Forecast, By Country, 2017 to 2032
    • 11. Japan Market Analysis and Forecast, By Country, 2017 to 2032
    • 12. APEJ Market Analysis and Forecast, By Country, 2017 to 2032
    • 13. MEA Market Analysis and Forecast, By Country, 2017 to 2032
    • 14. Global Market Competition Landscape and Company Profile
      • 14.1. Iochpe-Maxion
      • 14.2. CITIC Dicastal
      • 14.3. Borbet
      • 14.4. Superior Industries
      • 14.5. Topy
      • 14.6. Accuride
      • 14.7. Lizhong Group
      • 14.8. Jingu Group
      • 14.9. ALCAR
      • 14.10. Enkei Wheels
    • 15. Research Methodology
    • 16. Secondary and Primary Sources
    • 17. Assumptions and Acronyms
    • 18. Disclaimer

    List Of Table

    TABLE 01: Global Market Value (US$ Mn), 2017 to 2021

    TABLE 02: Global Market Value (US$ Mn), 2022 to 2032

    TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2017 to 2032

    TABLE 04: Global Steel Wheel Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 05: Global Steel Wheel Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 06: Global Steel Wheel Segment Market Share, By Region 2017 to 2021

    TABLE 07: Global Steel Wheel Segment Market Share, By Region 2022 to 2032

    TABLE 08: Global Steel Wheel Segment Y-o-Y, By Region 2017 to 2032

    TABLE 09: Global Aluminium Alloy Wheel Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 10: Global Aluminium Alloy Wheel Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 11: Global Aluminium Alloy Wheel Segment Market Share, By Region 2017 to 2021

    TABLE 12: Global Aluminium Alloy Wheel Segment Market Share, By Region 2022 to 2032

    TABLE 13: Global Aluminium Alloy Wheel Segment Y-o-Y, By Region 2017 to 2032

    TABLE 14: Global Magnesium Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 15: Global Magnesium Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 16: Global Magnesium Segment Market Share, By Region 2017 to 2021

    TABLE 17: Global Magnesium Segment Market Share, By Region 2022 to 2032

    TABLE 18: Global Magnesium Segment Y-o-Y, By Region 2017 to 2032

    TABLE 19: Global Composites (FRP) Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 20: Global Composites (FRP) Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 21: Global Composites (FRP) Segment Market Share, By Region 2017 to 2021

    TABLE 22: Global Composites (FRP) Segment Market Share, By Region 2022 to 2032

    TABLE 23: Global Composites (FRP) Segment Y-o-Y, By Region 2017 to 2032

    TABLE 24: Global Others Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 25: Global Others Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 26: Global Others Segment Market Share, By Region 2017 to 2021

    TABLE 27: Global Others Segment Market Share, By Region 2022 to 2032

    TABLE 28: Global Others Segment Y-o-Y, By Region 2017 to 2032

    TABLE 29: Global OEM Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 30: Global OEM Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 31: Global OEM Segment Market Share, By Region 2017 to 2021

    TABLE 32: Global OEM Segment Market Share, By Region 2022 to 2032

    TABLE 33: Global OEM Segment Y-o-Y, By Region 2017 to 2032

    TABLE 34: Global After Market Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 35: Global After Market Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 36: Global After Market Segment Market Share, By Region 2017 to 2021

    TABLE 37: Global After Market Segment Market Share, By Region 2022 to 2032

    TABLE 38: Global After Market Segment Y-o-Y, By Region 2017 to 2032

    TABLE 39: Global Compact Passenger Cars Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 40: Global Compact Passenger Cars Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 41: Global Compact Passenger Cars Segment Market Share, By Region 2017 to 2021

    TABLE 42: Global Compact Passenger Cars Segment Market Share, By Region 2022 to 2032

    TABLE 43: Global Compact Passenger Cars Segment Y-o-Y, By Region 2017 to 2032

    TABLE 44: Global Mid-sized Passenger Cars Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 45: Global Mid-sized Passenger Cars Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 46: Global Mid-sized Passenger Cars Segment Market Share, By Region 2017 to 2021

    TABLE 47: Global Mid-sized Passenger Cars Segment Market Share, By Region 2022 to 2032

    TABLE 48: Global Mid-sized Passenger Cars Segment Y-o-Y, By Region 2017 to 2032

    TABLE 49: Global Premium Passenger Cars Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 50: Global Premium Passenger Cars Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 51: Global Premium Passenger Cars Segment Market Share, By Region 2017 to 2021

    TABLE 52: Global Premium Passenger Cars Segment Market Share, By Region 2022 to 2032

    TABLE 53: Global Premium Passenger Cars Segment Y-o-Y, By Region 2017 to 2032

    TABLE 54: Global Luxury Passenger Cars Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 55: Global Luxury Passenger Cars Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 56: Global Luxury Passenger Cars Segment Market Share, By Region 2017 to 2021

    TABLE 57: Global Luxury Passenger Cars Segment Market Share, By Region 2022 to 2032

    TABLE 58: Global Luxury Passenger Cars Segment Y-o-Y, By Region 2017 to 2032

    TABLE 59: Global Light Commercial Vehicles Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 60: Global Light Commercial Vehicles Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 61: Global Light Commercial Vehicles Segment Market Share, By Region 2017 to 2021

    TABLE 62: Global Light Commercial Vehicles Segment Market Share, By Region 2022 to 2032

    TABLE 63: Global Light Commercial Vehicles Segment Y-o-Y, By Region 2017 to 2032

    TABLE 64: Global Heavy Commercial Vehicles Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 65: Global Heavy Commercial Vehicles Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 66: Global Heavy Commercial Vehicles Segment Market Share, By Region 2017 to 2021

    TABLE 67: Global Heavy Commercial Vehicles Segment Market Share, By Region 2022 to 2032

    TABLE 68: Global Heavy Commercial Vehicles Segment Y-o-Y, By Region 2017 to 2032

    TABLE 69: Global Casting Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 70: Global Casting Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 71: Global Casting Segment Market Share, By Region 2017 to 2021

    TABLE 72: Global Casting Segment Market Share, By Region 2022 to 2032

    TABLE 73: Global Casting Segment Y-o-Y, By Region 2017 to 2032

    TABLE 74: Global Forging Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 75: Global Forging Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 76: Global Forging Segment Market Share, By Region 2017 to 2021

    TABLE 77: Global Forging Segment Market Share, By Region 2022 to 2032

    TABLE 78: Global Forging Segment Y-o-Y, By Region 2017 to 2032

    TABLE 79: Global Others Segment Value (US$ Mn), By Region 2017 to 2021

    TABLE 80: Global Others Segment Value (US$ Mn), By Region 2022 to 2032

    TABLE 81: Global Others Segment Market Share, By Region 2017 to 2021

    TABLE 82: Global Others Segment Market Share, By Region 2022 to 2032

    TABLE 83: Global Others Segment Y-o-Y, By Region 2017 to 2032

    TABLE 84: North America Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 85: North America Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 86: North America Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 87: North America Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 88: North America Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 89: North America Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 90: North America Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 91: North America Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 92: Latin America Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 93: Latin America Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 94: Latin America Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 95: Latin America Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 96: Latin America Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 97: Latin America Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 98: Latin America Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 99: Latin America Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 100: Europe Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 101: Europe Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 102: Europe Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 103: Europe Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 104: Europe Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 105: Europe Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 106: Europe Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 107: Europe Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 108: Japan Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 109: Japan Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 110: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 111: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 112: Japan Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 113: Japan Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 114: Japan Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 115: Japan Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 116: APEJ Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 117: APEJ Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 118: APEJ Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 119: APEJ Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 120: APEJ Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 121: APEJ Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 122: APEJ Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 123: APEJ Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 124: MEA Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 125: MEA Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 126: MEA Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 127: MEA Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 128: MEA Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 129: MEA Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 130: MEA Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 131: MEA Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 132: US Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 133: US Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 134: US Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 135: US Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 136: US Market Value (US$ Mn), By Vehicle Type 2017 to 2021

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    TABLE 138: US Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 139: US Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 140: Canada Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 141: Canada Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 142: Canada Market Value (US$ Mn), By Sales Channel 2017 to 2021

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    TABLE 144: Canada Market Value (US$ Mn), By Vehicle Type 2017 to 2021

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    TABLE 146: Canada Market Value (US$ Mn), By Technology 2017 to 2021

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    TABLE 148: Brazil Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 149: Brazil Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 150: Brazil Market Value (US$ Mn), By Sales Channel 2017 to 2021

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    TABLE 156: Mexico Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 157: Mexico Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 158: Mexico Market Value (US$ Mn), By Sales Channel 2017 to 2021

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    TABLE 160: Mexico Market Value (US$ Mn), By Vehicle Type 2017 to 2021

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    TABLE 164: Argentina Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 165: Argentina Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 166: Argentina Market Value (US$ Mn), By Sales Channel 2017 to 2021

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    TABLE 168: Argentina Market Value (US$ Mn), By Vehicle Type 2017 to 2021

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    TABLE 172: Germany Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 173: Germany Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 174: Germany Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 175: Germany Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 176: Germany Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 177: Germany Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 178: Germany Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 179: Germany Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 180: UK Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 181: UK Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 182: UK Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 183: UK Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 184: UK Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 185: UK Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 186: UK Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 187: UK Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 188: France Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 189: France Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 190: France Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 191: France Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 192: France Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 193: France Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 194: France Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 195: France Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 196: Spain Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 197: Spain Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 198: Spain Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 199: Spain Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 200: Spain Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 201: Spain Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 202: Spain Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 203: Spain Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 204: Italy Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 205: Italy Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 206: Italy Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 207: Italy Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 208: Italy Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 209: Italy Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 210: Italy Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 211: Italy Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 212: Nordic Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 213: Nordic Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 214: Nordic Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 215: Nordic Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 216: Nordic Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 217: Nordic Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 218: Nordic Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 219: Nordic Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 220: Japan Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 221: Japan Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 222: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 223: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 224: Japan Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 225: Japan Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 226: Japan Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 227: Japan Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 228: China Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 229: China Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 230: China Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 231: China Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 232: China Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 233: China Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 234: China Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 235: China Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 236: India Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 237: India Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 238: India Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 239: India Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 240: India Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 241: India Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 242: India Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 243: India Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 244: Malaysia Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 245: Malaysia Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 246: Malaysia Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 247: Malaysia Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 248: Malaysia Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 249: Malaysia Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 250: Malaysia Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 251: Malaysia Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 252: Thailand Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 253: Thailand Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 254: Thailand Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 255: Thailand Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 256: Thailand Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 257: Thailand Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 258: Thailand Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 259: Thailand Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 260: Singapore Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 261: Singapore Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 262: Singapore Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 263: Singapore Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 264: Singapore Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 265: Singapore Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 266: Singapore Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 267: Singapore Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 268: Australia Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 269: Australia Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 270: Australia Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 271: Australia Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 272: Australia Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 273: Australia Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 274: Australia Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 275: Australia Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 276: GCC Countries Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 277: GCC Countries Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 278: GCC Countries Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 279: GCC Countries Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 280: GCC Countries Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 281: GCC Countries Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 282: GCC Countries Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 283: GCC Countries Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 284: South Africa Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 285: South Africa Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 286: South Africa Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 287: South Africa Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 288: South Africa Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 289: South Africa Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 290: South Africa Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 291: South Africa Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 292: Nigeria Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 293: Nigeria Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 294: Nigeria Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 295: Nigeria Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 296: Nigeria Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 297: Nigeria Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 298: Nigeria Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 299: Nigeria Market Value (US$ Mn), By Technology 2022 to 2032

    TABLE 300: Israel Market Value (US$ Mn), By Material 2017 to 2021

    TABLE 301: Israel Market Value (US$ Mn), By Material 2022 to 2032

    TABLE 302: Israel Market Value (US$ Mn), By Sales Channel 2017 to 2021

    TABLE 303: Israel Market Value (US$ Mn), By Sales Channel 2022 to 2032

    TABLE 304: Israel Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    TABLE 305: Israel Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    TABLE 306: Israel Market Value (US$ Mn), By Technology 2017 to 2021

    TABLE 307: Israel Market Value (US$ Mn), By Technology 2022 to 2032

    List Of Figures

    FIG. 01: Global Market Value (US$ Mn), 2017 to 2021

    FIG. 02: Global Market Value (US$ Mn) Forecast, 2022 to 2032

    FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2017 to 2032

    FIG. 04: Global Steel Wheel Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 05: Global Steel Wheel Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 06: Global Steel Wheel Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 07: Global Aluminium Alloy Wheel Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 08: Global Aluminium Alloy Wheel Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 09: Global Aluminium Alloy Wheel Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 10: Global Magnesium Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 11: Global Magnesium Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 12: Global Magnesium Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 13: Global Composites (FRP) Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 14: Global Composites (FRP) Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 15: Global Composites (FRP) Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 16: Global Others Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 17: Global Others Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 18: Global Others Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 19: Global OEM Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 20: Global OEM Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 21: Global OEM Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 22: Global After Market Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 23: Global After Market Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 24: Global After Market Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 25: Global Compact Passenger Cars Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 26: Global Compact Passenger Cars Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 27: Global Compact Passenger Cars Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 28: Global Mid-sized Passenger Cars Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 29: Global Mid-sized Passenger Cars Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 30: Global Mid-sized Passenger Cars Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 31: Global Premium Passenger Cars Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 32: Global Premium Passenger Cars Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 33: Global Premium Passenger Cars Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 34: Global Luxury Passenger Cars Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 35: Global Luxury Passenger Cars Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 36: Global Luxury Passenger Cars Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 37: Global Light Commercial Vehicles Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 38: Global Light Commercial Vehicles Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 39: Global Light Commercial Vehicles Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 40: Global Heavy Commercial Vehicles Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 41: Global Heavy Commercial Vehicles Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 42: Global Heavy Commercial Vehicles Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 43: Global Casting Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 44: Global Casting Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 45: Global Casting Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 46: Global Forging Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 47: Global Forging Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 48: Global Forging Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 49: Global Others Segment Market Value (US$ Mn) By Region, 2017 to 2021

    FIG. 50: Global Others Segment Market Value (US$ Mn) By Region, 2022 to 2032

    FIG. 51: Global Others Segment Y-o-Y Growth Rate, By Region, 2017 to 2032

    FIG. 52: North America Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 53: North America Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 54: North America Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 55: North America Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 56: North America Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 57: North America Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 58: North America Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 59: North America Market Value (US$ Mn), By Technology 2022 to 2032

    FIG. 60: Latin America Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 61: Latin America Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 62: Latin America Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 63: Latin America Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 64: Latin America Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 65: Latin America Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 66: Latin America Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 67: Latin America Market Value (US$ Mn), By Technology 2022 to 2032

    FIG. 68: Europe Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 69: Europe Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 70: Europe Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 71: Europe Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 72: Europe Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 73: Europe Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 74: Europe Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 75: Europe Market Value (US$ Mn), By Technology 2022 to 2032

    FIG. 76: Japan Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 77: Japan Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 78: Japan Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 79: Japan Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 80: Japan Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 81: Japan Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 82: Japan Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 83: Japan Market Value (US$ Mn), By Technology 2022 to 2032

    FIG. 84: APEJ Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 85: APEJ Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 86: APEJ Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 87: APEJ Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 88: APEJ Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 89: APEJ Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 90: APEJ Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 91: APEJ Market Value (US$ Mn), By Technology 2022 to 2032

    FIG. 92: MEA Market Value (US$ Mn), By Material 2017 to 2021

    FIG. 93: MEA Market Value (US$ Mn), By Material 2022 to 2032

    FIG. 94: MEA Market Value (US$ Mn), By Sales Channel 2017 to 2021

    FIG. 95: MEA Market Value (US$ Mn), By Sales Channel 2022 to 2032

    FIG. 96: MEA Market Value (US$ Mn), By Vehicle Type 2017 to 2021

    FIG. 97: MEA Market Value (US$ Mn), By Vehicle Type 2022 to 2032

    FIG. 98: MEA Market Value (US$ Mn), By Technology 2017 to 2021

    FIG. 99: MEA Market Value (US$ Mn), By Technology 2022 to 2032

    - FAQs -

    What is the expected market worth for automotive metal wheels by 2022-end?

    By 2022-end, the automotive metal wheel market is likely to reach US$ 45.2 Billion.

    At what rate will automotive metal wheel sales rise during the 2022-2032 forecast period?

    Fact.MR expects sales of automotive metal wheels to incline at a 5.9% CAGR from 2022 to 2032.

    What is the expected market value for automotive metal wheels in 2032?

    By 2032, the market for automotive metal wheels is likely to close at US$ 79.91 Billion.

    By geography, which region will most likely account for the fastest growth of automotive metal wheel sales?

    Europe is expected to be the fastest expanding automotive metal wheel landscape, registering a 6.2% CAGR.

    Is China poised to emerge as an important contributor to automotive metal wheel sales?

    China is expected to contribute significantly to automotive metal wheel sales, with sales growing at a 6% CAGR.

    By metal, which category of automotive metal wheels are expected to experience highest uptake?

    Aluminium automotive wheels are expected to be most preferred, contributing to 44% of total revenue.

    By Sales Channel, which category is expected to reap maximum gains in the market?

    Automotive metal wheel purchases from OEMs are expected to dominate, accounting for 60% of total demand.

    Which are some prominent automotive metal wheel manufacturers?

    Iochpe-Maxion, Topy, Superior Industries Ltd and Borbet are some renowned manufacturers of automotive metal wheels.

    Related Reports

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    Automotive Metal Wheel Market

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