Press release
Comprehensive Report on Automotive Wheel Market 2025 Focusing on Top Key Players Iochpe-Maxion, CITIC Dicastal Wheel Manufacturing, Hitachi Metals, Steel Strips Wheels
Automotive wheel is a component that rotates and transmits the drive from the axle to the road. It also provides a means to affix the tires. The automotive wheel comprises a rim, spoke, and hub. The quality of wheels are tested and checked using advanced technology to accomplish customersβ demand and standards of the automobile industry. Technological advancements and growth in vehicle standards contribute to the growth of the automotive wheel market globally. Moreover, rapid increase in sales of high-end cars boost the demand for advanced vehicles and thus drives the growth of the market.Request Sample Copy of Automotive Wheel Market at: https://bit.ly/3lrewzG
Top Companies Covered in this Report:
Iochpe-Maxion, CITIC Dicastal Wheel Manufacturing, Hitachi Metals, Steel Strips Wheels, American Eagle Wheels, United Wheels Group, CLN Group, Borbet, Topy Industries Limited, and Accuride Corporation.
What is the Market Scope?
According to the Guardian UK, the number of cars to roll off in UK production lines rose by 7.3% in August 2018, as compared to 2017. The UK government is encouraging growth in its transportation industry. Road transport in the UK carries 90% of passengers and 65% of domestic freight. Enhanced road infrastructure has ensured swift transition from railroads to roadways for transportation, which drives the demand for wheels in the country.
The Asia-Pacific automotive wheel industry is largely controlled by government policies, which encourage sustainable manufacturing and investments in the sector. Furthermore, increased passenger car and vehicle registration in the Asia-Pacific creates lucrative opportunities for the expansion of the automotive wheel market.
What is the Regional Framework?
The global automotive wheel market is segmented based on material type, vehicle type, end user, and region. Alloy, steel, and carbon fiber are studied under the material segment. Based on the vehicle type, the market is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. Based on end user, the market is divided into original equipment manufacturer (OEM) and aftermarket. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Automotive Wheel Market Size
2.2 Automotive Wheel Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Automotive Wheel Market Size by Manufacturers
3.2 Automotive Wheel Key Players Head office and Area Served
3.3 Key Players Automotive Wheel Product/Solution/Service
3.4 Date of Enter into Automotive Wheel Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Automotive Wheel Sales by Product
4.2 Global Automotive Wheel Revenue by Product
4.3 Automotive Wheel Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Automotive Wheel Breakdown Data by End User
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