USD 100.99 Million Potential Difference in Alloy Wheels Aftermarket Size with 61% growth Contribution from APAC – Technavio

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NEW YORK, July 19, 2022 /PRNewswire/ — The “Alloy Wheels Aftermarket by Application (passenger vehicles and commercial vehicles) and Geographic (APAC, Europe

The potential growth difference for the alloy wheels aftermarket between 2020 and 2025 is USD 100.99  million with an accelerating growth momentum at a CAGR of 0.73%. The analysts at Technavio have categorized the global alloy wheels aftermarket as a part of the global automotive components and accessories market. The alloy wheel’s aftermarket growth is likely to be driven by factors including the aging vehicle fleet and the emerging popularity of carbon fiber alloy wheels. However, an increase in OEM fitment is one of the key challenges hindering the alloy wheel’s aftermarket growth.

Key Market Dynamics and their impact analysis is now available at Technavio, View PDF Sample

Segmentation Highlights

The alloy wheels aftermarket report is segmented by Application (passenger vehicles and commercial vehicles) and Geographic (APAC, Europe, North America, South America, and MEA).  

Regional Analysis: 61% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for alloy wheels aftermarket in APAC. Market growth in this region will be slower than the growth of the market in MEA regions. The improved and stabilized socio-economic conditions in APAC countries, especially China and India, are contributing to the growth of the automotive industry in the region over the forecast period.

Revenue-generating Segment Insights: The passenger car application segment held the largest alloy wheels aftermarket share in 2020. The segment will continue to account for the highest revenue during the forecast period. The segment’s growth is anticipated to be primarily driven by the growing demand for SUV alloy wheels across the world.

Get Segment-based market share contribution and regional insights, as your Request your Sample Report

Competitive Landscape

• The alloy wheels aftermarket is fragmented and the vendors are deploying growth strategies such as M&A activities to compete in the market.
• To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
• The alloy wheels aftermarket forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Top Companies Mentioned with their Offerings

• ALCAR HOLDING GmbH: The company offers Aftermarket alloy wheels. The company offers alloy wheels through its brands such as AEZ, DOTZ, DEZENT, and DOTZ SURVIVAL, for the passenger vehicle aftermarket sector.
• BORBET GmbH: The company offers products such as BY titan polished matt, BY titan polished matt, and other products.
• Enkei Corp.: The company offers products such as GTC02, and PF09 in the racing series category. It offers TS-7 and TSR-6 in the Tuning series category and other products.
• Howmet Aerospace Inc.: The company offers lightweight aluminum wheels. The company offers alloy wheels under the brand, Alcoa.
• Iochpe-Maxion SA: The company offers steel wheels and aluminum light vehicle wheels.

Some more companies covered in the report are:

• RONAL AG
• Superior Industries International Inc.
• TSW Group
• Wheel Pros LLC
• YHI INTERNATIONAL Ltd.
• Want to know about product offerings and strategic initiatives of the contributing vendors, Download Sample Report

Related Reports:

Automotive Steel Wheels Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

Aluminum Alloy Wheel Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Key Topics Covered:

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Automotive Components and Accessories

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 – 2025
• Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 15: Application – Market share 2020-2025 (%)

• 5.2 Comparison by Application
• Exhibit 16: Comparison by Application

• 5.3 Passenger vehicles – Market size and forecast 2020-2025
• Exhibit 17: Passenger vehicles – Market size and forecast 2020-2025 ($ million)
• Exhibit 18: Passenger vehicles – Year-over-year growth 2020-2025 (%)

• 5.4 Commercial vehicles – Market size and forecast 2020-2025
• Exhibit 19: Commercial vehicles – Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Commercial vehicles – Year-over-year growth 2020-2025 (%)

• 5.5 Market opportunity by Application
• Exhibit 21: Market opportunity by Application

6 Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 23: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison
• Exhibit 24: Geographic comparison

• 7.3 APAC – Market size and forecast 2020-2025
• Exhibit 25: APAC – Market size and forecast 2020-2025 ($ million)
• Exhibit 26: APAC – Year-over-year growth 2020-2025 (%)

• 7.4 Europe – Market size and forecast 2020-2025
• Exhibit 27: Europe – Market size and forecast 2020-2025 ($ million)
• Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)

• 7.5 North America – Market size and forecast 2020-2025
• Exhibit 29: North America – Market size and forecast 2020-2025 ($ million)
• Exhibit 30: North America – Year-over-year growth 2020-2025 (%)

• 7.6 South America – Market size and forecast 2020-2025
• Exhibit 31: South America – Market size and forecast 2020-2025 ($ million)
• Exhibit 32: South America – Year-over-year growth 2020-2025 (%)

• 7.7 MEA – Market size and forecast 2020-2025
• Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
• Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries
• Exhibit 35: Key leading countries

• 7.9 Market opportunity by geography
• Exhibit 36: Market opportunity by geography

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 37: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 38: Vendor landscape

• 9.3 Landscape disruption
• Exhibit 39: Landscape disruption
• Exhibit 40: Industry risks

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 41: Vendors covered

• 10.2 Market positioning of vendors

• 10.3 ALCAR HOLDING GmbH
• Exhibit 43: ALCAR HOLDING GmbH – Overview
• Exhibit 44: ALCAR HOLDING GmbH – Product and service
• Exhibit 45: ALCAR HOLDING GmbH – Key offerings

• 10.4 BORBET GmbH
• Exhibit 46: BORBET GmbH – Overview
• Exhibit 47: BORBET GmbH – Product and service
• Exhibit 48: BORBET GmbH – Key news
• Exhibit 49: BORBET GmbH – Key offerings

• 10.5 Enkei Corp.
• Exhibit 50: Enkei Corp. – Overview
• Exhibit 51: Enkei Corp. – Product and service
• Exhibit 52: Enkei Corp. – Key offerings

• 10.6 Howmet Aerospace Inc.
• Exhibit 53: Howmet Aerospace Inc. – Overview
• Exhibit 54: Howmet Aerospace Inc. – Business segments
• Exhibit 55: Howmet Aerospace Inc. – Key news
• Exhibit 56: Howmet Aerospace Inc. – Key offerings
• Exhibit 57: Howmet Aerospace Inc. – Segment focus

• 10.7 Iochpe-Maxion SA
• Exhibit 58: Iochpe-Maxion SA – Overview
• Exhibit 59: Iochpe-Maxion SA – Business segments
• Exhibit 60: Iochpe-Maxion SA – Key news
• Exhibit 61: Iochpe-Maxion SA – Key offerings

• 10.8 RONAL AG
• Exhibit 62: RONAL AG – Overview
• Exhibit 63: RONAL AG – Product and service
• Exhibit 64: RONAL AG – Key news
• Exhibit 65: RONAL AG – Key offerings

• 10.9 Superior Industries International Inc.
• Exhibit 66: Superior Industries International Inc. – Overview
• Exhibit 67: Superior Industries International Inc. – Business segments
• Exhibit 68: Superior Industries International Inc. – Key offerings
• Exhibit 69: Superior Industries International Inc. – Segment focus

• 10.10 TSW Group
• Exhibit 70: TSW Group – Overview
• Exhibit 71: TSW Group – Product and service
• Exhibit 72: TSW Group – Key offerings

• 10.11 Wheel Pros LLC
• Exhibit 73: Wheel Pros LLC – Overview
• Exhibit 74: Wheel Pros LLC – Product and service
• Exhibit 75: Wheel Pros LLC – Key offerings

• 10.12 YHI INTERNATIONAL Ltd.
• Exhibit 76: YHI INTERNATIONAL Ltd. – Overview
• Exhibit 77: YHI INTERNATIONAL Ltd. – Business segments
• Exhibit 78: YHI INTERNATIONAL Ltd. – Key offerings
• Exhibit 79: YHI INTERNATIONAL Ltd. – Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$
• Exhibit 80: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 81: Research Methodology
• Exhibit 82: Validation techniques employed for market sizing
• Exhibit 83: Information sources

• 11.4 List of abbreviations
• Exhibit 84: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website: www.technavio.com/

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