Topy Industries

The Global Automotive Wheel Market is expected to grow by $11.20 bn during 2022-2026, accelerating at a CAGR of 4.57% during the forecast period

Retrieved on: 
Tuesday, November 15, 2022

Key Points: 
  • This study identifies the development of ultra-lightweight automotive wheels for CVs as one of the prime reasons driving the automotive wheel market growth during the next few years.
  • Also, growing online purchases of automotive products and technological advancements, and product developments in design and material will lead to sizable demand in the market.
  • Also, the automotive wheel market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Automotive Wheel Market Revenue to Exceed USD 120 Bn by 2026: Global Market Insights, Inc.

Retrieved on: 
Wednesday, May 27, 2020

Ongoing innovations to enhance vehicle performance, reduce vehicle downtime, and cost-effectiveness will support automotive wheel market growth.

Key Points: 
  • Ongoing innovations to enhance vehicle performance, reduce vehicle downtime, and cost-effectiveness will support automotive wheel market growth.
  • Heavy trucks vehicle segment in the automotive wheel market will foresee steady growth over the study timeframe with rapid industrialization and urbanization.
  • North America automotive wheel market size is anticipated to observe more than 6% CAGR during the forecast period impelled by presence of multiple wheel manufacturers including Wheel Pros, U.S. Wheel Corporation, Superior Industries and Maxion wheels.
  • Major automotive wheel market players include Maxion Wheels, Ronal Group, Titan International, Inc., Zhejiang Wanfeng Auto Wheel, Borbet GmbH, Topy Industries Limited, and Superior Industries International, Inc.

Automotive Wheel Market Revenue to Exceed USD 120 Bn by 2026: Global Market Insights, Inc.

Retrieved on: 
Wednesday, May 27, 2020

Ongoing innovations to enhance vehicle performance, reduce vehicle downtime, and cost-effectiveness will support automotive wheel market growth.

Key Points: 
  • Ongoing innovations to enhance vehicle performance, reduce vehicle downtime, and cost-effectiveness will support automotive wheel market growth.
  • Heavy trucks vehicle segment in the automotive wheel market will foresee steady growth over the study timeframe with rapid industrialization and urbanization.
  • North America automotive wheel market size is anticipated to observe more than 6% CAGR during the forecast period impelled by presence of multiple wheel manufacturers including Wheel Pros, U.S. Wheel Corporation, Superior Industries and Maxion wheels.
  • Major automotive wheel market players include Maxion Wheels, Ronal Group, Titan International, Inc., Zhejiang Wanfeng Auto Wheel, Borbet GmbH, Topy Industries Limited, and Superior Industries International, Inc.