Global Automotive Carbon Wheel Market Outlook
Top Driver: Surge in Vehicle Production and the Ongoing Trend of Weight Reduction in Vehicles
The surge in vehicle production and the ongoing trend of weight reduction in vehicles propel the growth of the automotive carbon wheel market. Besides, advancements in technology and product innovations in material, aerodynamics, and design have further fueled the industrys growth. In addition to this, an increase in disposable income on the vehicle along with population growth further stimulates market growth. Further, the increase in carbon fiber employment in the automotive industry and increasing investment in wheel design for better aerodynamics create lucrative opportunities for the automotive wheel market.
Aluminum wheel market Holds the Largest Market Share
The global automotive carbon wheel market is segmented into aluminum, steel wheels, magnesium, and carbon fiber based on the material. The aluminum wheel segment accounts for the largest market share. The easy availability of raw materials and stringent regulatory policies to promote fuel-efficient vehicle part manufacturing have fueled the demand for lightweight wheels. Aluminum wheels are the first choice over steel wheels in passenger cars. Other factors, such as lightweight, better heat conductivity, and anti-corrosive properties, will drive its demand. Based on the product, the market is segmented into regular and high performance. Based on the end-use the market is segmented into OEM and aftermarket.
Presence of Major Players and Promotion of Fuel-efficient Vehicle to Benefit Asia Pacific Market
The Asia Pacific and Europe are estimated to be highly lucrative regions during the forecast period. The growth is attributed to the presence of the major automotive industry in China, India, Germany, and Japan. Surging demand for enhanced fuel economy in vehicles across the Asia Pacific is anticipated to boost the automotive wheel market in the Asia Pacific. The presence of original equipment manufacturers and tier-1 suppliers in Europe with advanced research and development facilities in the material composition is anticipated to stimulate the automotive wheel market in Europe.
Players to Focus on Automotive carbon wheel market
The global automotive carbon wheel market is estimated to stay fragmented during the forecast period owing to the possible new entrants. Major players operating in the market are Iochpe-Maxion (Brazil), Superior Industries International (US), Accuride Corporation (US), Steel Strips Wheels (India), Hitachi Metals (Japan), Enkei (Japan), Citic Dicastal (China), Zhejiang Wanfeng Auto Wheel (China), Borbet (Germany), Mangels Industrial (Brazil), and Mefro Wheels (Germany).
MAXION WHEELS: In October 2019, MAXION WHEELS partnered with ZF OPENMATICS to help fleets perform more safely and efficiently by collecting essential vehicle data at the wheel through its groundbreaking MaxSmart technology.
ARCONIC: In October 2018, ARCONIC sold its Texarkana, Texas, U.S. rolling mill to Ta Chen International, Inc., a U.S.-based subsidiary of aluminum and stainless-steel distributor. The deal was valued at ~US$ 350 Mn.
Scope of the Report
By Material
Aluminum
Steel wheels
Magnesium
Carbon fiber
By Product
Regular
High Performance
By End-User
OEM
Aftermarket
By Region
North America
Europe
Asia Pacific
Rest Of World
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Automotive Carbon Wheel Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Automotive Carbon Wheel Market -Industry Snapshots
6.1 Overview
6.1.1 Global Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Automotive Carbon Wheel Market Analysis, by Material
7.1 Overview
7.2 Key Findings for Automotive Carbon Wheel Market- By Material
7.2.1 Automotive Carbon Wheel Market- Aluminum
7.2.2 Automotive Carbon Wheel Market- Steel wheels
7.2.3 Automotive Carbon Wheel Market- Magnesium
7.2.4 Automotive Carbon Wheel Market- Carbon fiber
Chapter 8 Global Automotive Carbon Wheel Market Analysis, by Product
8.1 Overview
8.2 Key Findings for Automotive Carbon Wheel Market- By Product
8.2.1 Automotive Carbon Wheel Market- Regular
8.2.2 Automotive Carbon Wheel Market- High Performance
Chapter 9 Global Automotive Carbon Wheel Market Analysis, by End User
9.1 Overview
9.2 Key Findings for Automotive Carbon Wheel Market- By End User
9.2.1 Automotive Carbon Wheel Market- OEM
9.2.2 Automotive Carbon Wheel Market- Aftermarket
Chapter 10 Automotive Carbon Wheel Market Analysis by Region
10.1 Key Findings for Automotive Carbon Wheel Market- By region
10.2 Overview
10.2.1 Global Automotive Carbon Wheel Market Analysis, By Material, 2019 - 2028
10.2.2 Global Automotive Carbon Wheel Market Analysis, By Product, 2019 - 2028
10.2.3 Global Automotive Carbon Wheel Market Analysis, By End User, 2019 - 2028
10.3 Automotive Carbon Wheel Market North America
10.3.1 Overview
10.3.2 U.S.
10.3.3 Canada
10.3.4 Mexico
10.3.5 North America Market, By Material
10.3.6 North America Market, By Product
10.3.7 North America Market, By End User
10.4 Automotive Carbon Wheel Market Europe
10.4.1 Overview
10.4.2 Germany
10.4.3 United Kingdom
10.4.4 France
10.4.5 Italy
10.4.6 Rest Of Europe
10.4.7 Europe Market, By Material
10.4.8 Europe Market, By Product
10.4.9 Europe market by, End User
10.5 Automotive Carbon Wheel Market Asia Pacific
10.5.1 Overview
10.5.2 China
10.5.3 Japan
10.5.4 India
10.5.5 Rest of APAC
10.5.6 Asia Pacific Market, By Material
10.5.7 Asia Pacific Market, By Product
10.5.8 Asia Pacific Market, By End User
10.6 Automotive Carbon Wheel Market Rest Of World
10.6.1 Overview
10.6.2 Middle East & Africa (MEA)
10.6.3 Latin America
10.6.4 Rest Of World
10.6.5 Latin America, Middle East and Africa Market, By Material
10.6.6 Latin America, Middle East and Africa Market, By Product
10.6.7 Latin America, Middle East and Africa Market, By End User
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
11.1.3 Recent Developments
Chapter 12 Company Profiles- Snapshot
12.1 Iochpe-Maxion
12.1.1 Business Fundamentals
12.1.2 Financial Snapshots
12.1.3 Product Portfolio
12.1.4 Recent Developments
12.2 Superior Industries International
12.3 Accuride Corporation
12.4 Steel Strips Wheels
12.5 Hitachi Metals
12.6 Enkei
12.7 Citic Dicastal
12.8 Zhejiang Wanfeng Auto Wheel
12.9 Borbet
12.10 Mangels Industrial
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 13 Appendix
List Of Tables
TABLE 1Automotive Carbon Wheel market by Material 1, 2019 - 2028 (USD Million)TABLE 2Automotive Carbon Wheel market by Material 2, 2019 - 2028 (USD Million)
TABLE 3Automotive Carbon Wheel market by Material 3, 2019 - 2028 (USD Million)
TABLE 4Automotive Carbon Wheel market by Material 4, 2019 - 2028 (USD Million)
TABLE 5Automotive Carbon Wheel market by Product 1, 2019 - 2028 (USD Million)
TABLE 6Automotive Carbon Wheel market by Product 2, 2019 - 2028 (USD Million)
TABLE 7Automotive Carbon Wheel market by End User 1, 2019 - 2028 (USD Million)
TABLE 8Automotive Carbon Wheel market by End User 2, 2019 - 2028 (USD Million)
TABLE 9Global Automotive Carbon Wheel Market Value, By Material, 2019 - 2028 (US$ Bn)
TABLE 10Global Automotive Carbon Wheel Market Value, By Product, 2019 - 2028 (US$ Bn)
TABLE 11Global Automotive Carbon Wheel Market Value, By End User, 2019 - 2028 (US$ Bn)
TABLE 12Automotive Carbon Wheel Market Analysis by North America (USD Million), 2019 - 2028
TABLE 13U.S. Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 14U.S. Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 15U.S. Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 16U.S. Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 17Canada Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 18Canada Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 19Canada Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 20Canada Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 21Mexico Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 22Mexico Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 23Mexico Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 24Mexico Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 25Automotive Carbon Wheel Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 26Germany Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 27Germany Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 28Germany Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 29Germany Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 30United Kingdom Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 31United Kingdom Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 32United Kingdom Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 33United Kingdom Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 34France Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 35France Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 36France Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 37France Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 38Italy Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 39Italy Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 40Italy Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 41Italy Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 42Rest Of Europe Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 43Rest Of Europe Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 44Rest Of Europe Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 45Rest of Europe Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 46Automotive Carbon Wheel Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 47China Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 48China Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 49China Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 50China Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 51Japan Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 52Japan Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 53Japan Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 54Japan Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 55India Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 56India Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 57India Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 58India Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 59Rest of APAC Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 60Rest of APAC Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 61Rest of APAC Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 62Rest of APAC Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 63Automotive Carbon Wheel Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 64Middle East & Africa (MEA) Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 65Middle East & Africa (MEA) Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 66Middle East & Africa (MEA) Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 67Middle East & Africa (MEA) Market, By End User, 2019 - 2028 (USD Million)
TABLE 68Latin America Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 69Latin America Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 70Latin America Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 71Latin America Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
TABLE 72Rest Of World Automotive Carbon Wheel Market, 2019 - 2028 (USD Million)
TABLE 73Rest Of World Automotive Carbon Wheel Market, By Material, 2019 - 2028 (USD Million)
TABLE 74Rest Of World Automotive Carbon Wheel Market, By Product, 2019 - 2028 (USD Million)
TABLE 75Rest Of World Automotive Carbon Wheel Market, By End User, 2019 - 2028 (USD Million)
List Of Figures
FIG. 1Global Automotive Carbon Wheel: Market SegmentationFIG. 2Global Automotive Carbon Wheel Market: Research Methodology
FIG. 3Top-Down and Bottom-Up Approach
FIG. 4Market Snapshot
FIG. 5Porters Five Forces Analysis
FIG. 6Global Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 7Supply Chain/Value Chain Analysis
FIG. 8Global Automotive Carbon Wheel Market Value Contribution, By Material, 2019 & 2026 (%)
FIG. 9Global Automotive Carbon Wheel Market Value Contribution, By Product, 2019 & 2026 (%)
FIG. 10Global Automotive Carbon Wheel Market Value Contribution, By End User, 2019 & 2026 (%)
FIG. 11Global Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 12North America Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 13Automotive Carbon Wheel Market Segment 1 North America
FIG. 14Automotive Carbon Wheel Market Segment 2 North America
FIG. 15Automotive Carbon Wheel Market Segment 3 North America
FIG. 16Automotive Carbon Wheel U.S. outlook, 2019 & 2026
FIG. 17Automotive Carbon Wheel Canada outlook, 2019 & 2026
FIG. 18Automotive Carbon Wheel Mexico outlook, 2019 & 2026
FIG. 19Europe Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 20Automotive Carbon Wheel Market Segment 1 Europe
FIG. 21Automotive Carbon Wheel Market Segment 2 Europe
FIG. 22Automotive Carbon Wheel Market Segment 3 Europe
FIG. 23Automotive Carbon Wheel Germany outlook, 2019 & 2026
FIG. 24Automotive Carbon Wheel United Kingdom outlook, 2019 & 2026
FIG. 25Automotive Carbon Wheel France outlook, 2019 & 2026
FIG. 26Automotive Carbon Wheel Italy outlook, 2019 & 2026
FIG. 27Automotive Carbon Wheel Rest Of Europe outlook, 2019 & 2026
FIG. 28Asia Pacific Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 29Automotive Carbon Wheel Market Segment 1 Asia Pacific
FIG. 30Automotive Carbon Wheel Market Segment 2 Asia Pacific
FIG. 31Automotive Carbon Wheel Market Segment 2 Asia Pacific
FIG. 32Automotive Carbon Wheel China outlook, 2019 & 2026
FIG. 33Automotive Carbon Wheel Japan outlook, 2019 & 2026
FIG. 34Automotive Carbon Wheel India outlook, 2019 & 2026
FIG. 35Automotive Carbon Wheel Rest of APAC outlook, 2019 & 2026
FIG. 36Rest Of World Automotive Carbon Wheel Market Value, 2019 - 2028, (US$ Bn)
FIG. 37Automotive Carbon Wheel Market Segment 1 Rest Of World
FIG. 38Automotive Carbon Wheel Market Segment 2 Rest Of World
FIG. 39Automotive Carbon Wheel Market Segment 3 Rest Of World
FIG. 40Automotive Carbon Wheel Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 41Automotive Carbon Wheel Latin America outlook, 2019 & 2026
FIG. 42Automotive Carbon Wheel Rest Of World outlook, 2019 & 2026
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