The report covers the present scenario and the growth prospects of the global passenger vehicle wheels market. To calculate the market size, the report considers the revenue generated from the sales of wheels manufactured from alloy, steel, and carbon materials.
Portland, OR -- (SBWIRE) -- 05/08/2018 -- A wheel is a circular component that is intended to rotate on an axle bearing. Wheels in cars have tires and a rim, which are used to propel a vehicle.The analysts forecast the Global Passenger Vehicle Wheels Market to grow at a CAGR of 7.53% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global passenger vehicle wheels market. To calculate the market size, the report considers the revenue generated from the sales of wheels manufactured from alloy, steel, and carbon materials.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global passenger vehicle wheels market 2018-2022, 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.
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Key vendors
- Borbet
- CLN Group
- IOCHPE
- RONAL GROUP
- UNIWHEELS Group
Market driver
- Increasing demand for vehicles in emerging countries
- For a full, detailed list, view our report
Market challenge
- High inflammability of magnesium alloy wheels
- For a full, detailed list, view our report
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Market trend
- Adoption of advanced technologies to manufacture steel wheels
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 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?