City of Industry, CA -- (SBWire) -- 07/24/2018 --This report studies the global Forged Alloy Alumunium Wheel market status and forecast, categorizes the global Forged Alloy Alumunium Wheel market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels.
Forged wheels are typically around 25% lighter than cast wheels (and potentially even more). The classification of Forged Alloy Alumunium Wheel includes OEM, Aftermarket, and the proportion of OEM in 2017 is about 86.13%, OEM will be the reigning segment in terms of market revenue share throughout the forecast period, anticipated to hold about 86.23% revenue share of the global market by 2025 end. With a noteworthy 5.24% CAGR.
Under by Application, the global market is segmented into Passenger Vehicle, Commercial Vehicleand. Passenger Vehicle segment will hold maximum sales share in the global market, and the consumption proportion is about 88.8% in 2017. and forecasts indicate 88.9% market share for this segment by the end of the forecast period in 2025.
Europe is the largest consumption place, with a consumption market share nearly 30.9% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 26.8%, China is also an important sales region for the Forged Alloy Alumunium Wheel.
Market competition is intense. Superior Industries, Alcoa, BBS GmbH, CITIC Dicastal, Borbet, Gemsy Wheels, etc. are the leaders of the industry. In the future, the Forged Alloy Alumunium Whee will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weakening. The installed rate in the commercial vehicle will increase.
The global Forged Alloy Alumunium Wheel market is valued at 2520 million US$ in 2017 and will reach 4070 million US$ by the end of 2025, growing at a CAGR of 6.2% during 2018-2025.
The major players covered in this report
Superior Industries
Alcoa
BBS GmbH
CITIC Dicastal
Borbet
Gemsy Wheels
Ronal Wheels
Accuride
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
OEM
Aftermarket
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Passenger Vehicle
Commercial Vehicle
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The study objectives of this report are:
To analyze and study the global Forged Alloy Alumunium Wheel sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Forged Alloy Alumunium Wheel players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Forged Alloy Alumunium Wheel are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Forged Alloy Alumunium Wheel Manufacturers
Forged Alloy Alumunium Wheel Distributors/Traders/Wholesalers
Forged Alloy Alumunium Wheel Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Forged Alloy Alumunium Wheel market, by end-use.
Detailed analysis and profiles of additional market players.
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Forged Alloy Alumunium Wheel Sales Market Growing at a CAGR of 6.2% During 2018-2025
Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels.