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Automotive Carbon Wheels Market Set to Grow at CAGR of 29.60% Between 2017-2021

Technology insights and development on "Global Automotive Carbon Wheels Market 2017-2021"

 

Albany, NY -- (SBWIRE) -- 07/27/2017 -- Carbon wheels are manufactured using a combination of carbon fiber and resin by employing a suitable manufacturing method. The selection of the quality of carbon fiber and resin depends on the application of the product.

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Carbon fiber products are manufactured using many manufacturing processes such as prepreg technology, autoclave, and resin transfer manufacturing (RTM) technology. These fibers are characterized by their lightweight and high fatigue strength. Automotive carbon wheels are classified under the high-performance category of wheels. They provide many advantages in high-performance cars. Some of these advantages include long wheel life, greater durability, high fatigue strength, self-vibration damping property, elimination of resonance frequencies, aerodynamic surface property, high heat resistance, less energy required for breaking, highly responsive steering control, better road grip, and reduced unspring rotation inertia.

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The global automotive carbon wheels market to grow at a CAGR of 29.60% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive carbon wheels market for 2017-2021. To calculate the market size, the report considers the stock fitment of carbon wheels and excludes aftermarket fitments.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Carbon Wheels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Carbon Revolution

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Other prominent vendors
ESE Carbon
Dymag and HRE Wheels
Market driver
Technological advantage of carbon wheel technology
For a full, detailed list, view our report

Market challenge
High cost of carbon wheels affecting market growth
For a full, detailed list, view our report

Market trend
Increasing use of carbon fiber in SUV segment
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?