(EMAILWIRE.COM, August 09, 2018 ) Market Overview:-

Automotive Wheel Market segmentation in Aluminum is anticipated to grow at over 4.8% over the forecast timespan. Its demand is growing at a faster pace in developing economies including India, Japan, China owing to increasing number of manufacturing units in these regions. Growing fuel productivity and affluence in acceleration owing to lower vehicle weight are important driving factors for automotive wheel market development.

Regular wheel contributes more than 85% of overall industry size in 2016. Strong demand for cost-effective commercial vehicles and passenger cars is anticipated to drive the automotive wheel market growth. Technological advancements coupled with the growing demand for corrosion-resistant components will propel product penetration.

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Top Key Players:-

The key players of global Automotive Wheel Market are Maxion, Ronal AG, United Wheels Group, Trelleborg, Otto Fuchs, CLN Group, Mefro, Jantsa, Starco, ALCAR Holding, Titan Europe Gmbh, SuperAlloy Industrial Company, Topy Industries Limited, American Eagle Wheels Corporation, Steel Strips, Borbet and CiTiC Dicastal Wheel Manufacturing.

Regional Segmentations:-

Automotive wheel market share in Asia Pacific is expected to value more than USD 53 billion by 2024. Growing vehicle manufacturing particularly in India and China remains the significant driving factor for industry growth. Development of manufacturing units owing to favorable socio-economic environments will drive the regional demand.

Global vehicle industry was more than 96 million units in 2016 with China being the top contributor. Rising demand for luxury cars has also encouraged the global industry trends. For instance, Jaguar Land Rover, a Tata Motors subsidiary, sale rose up to 30% in 2013 as compared to the previous year.

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Major Points of Table Of Content:-

Chapter 1 Methodology & Scope

1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry Insights and validation
1.1.4 Definitions & assumptions
1.1.5 Forecast parameters & considerations
1.1.6 Key information gained from primary sources
1.2 Data Sources
1.2.1 Primary
1.2.2 Secondary

Chapter 2 Executive Summary

2.1 Automotive wheel industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Material trends
2.1.3 Product trends
2.1.4 End-use trends
2.1.5 Vehicle trends
2.1.6 Regional trends

Chapter 3 Automotive Wheel Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Profit margin trends
3.3.3 Vendor matrix
3.4 Technology landscape
3.4.1 Casting technology
3.4.1.1 Low Pressure Die Casting (LPDC)
3.4.1.2 High Pressure Die Casting (HPDC)
3.4.1.3 Gravity casting
3.4.2 Flow forming technology
3.4.3 Forging technology
3.4.4 High Light Technology (HLT)
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Society of Automotive Engineers (SAE)
3.5.1.2 Federal Motor Vehicle Safety Standards (FMVSS)
3.5.2 Europe
3.5.2.1 EUWA
3.5.3 China
3.5.3.1 CCC Certification
3.5.4 Japan
3.5.4.1 Japan Light Alloy Wheel Association (JAWA)
3.6 Industry best practices & key buying criteria
3.7 Global automotive industry overview
3.7.1 Production data
3.7.2 Automotive production, by country
3.7.2.1 Passenger cars
3.7.2.2 Light Commercial Vehicles(LCV)
3.7.2.3 Heavy trucks & trailers
3.7.2.4 Buses & coach’s
3.8 Pricing analysis
3.8.1 Regional pricing
3.8.1.1 North America
3.8.1.2 Europe
3.8.1.3 APAC
3.8.1.4 Latin America
3.8.1.5 MEA
3.8.2 Cost structure analysis, 2016
3.9 Industry impact forces
3.9.1 Growth drivers
3.9.1.1 Recovering automotive sector
3.9.1.2 Driving comfort along with superior braking and acceleration
3.9.1.3 Weight reduction trends in vehicles
3.9.2 Industry pitfalls & challenges
3.9.2.1 High initial set up cost
3.10 Innovation & sustainability
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 Competitive landscape, 2016
3.13.1 Market share analysis
3.13.2 Strategy dashboard
3.14 PESTEL analysis

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Passenger cars will worth over USD 77 billion by 2024. Shifting lifestyles and growing disposable income are the key driving factors of industry growth. Heavy research and development initiatives coupled with emergence of cost efficient passenger cars will further stimulate the product demand.

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