The incorporation of automotive lightweight materials reduces the weight and improves the fuel efficiency of the vehicle. In recent years, the automotive sector has faced various challenges pertaining to rising emission levels globally. The inherent relationship between fuel consumption and vehicle weight has enabled manufacturers to use lightweight components and meet the emission requirements. Automotive lightweight materials include aluminum, high-strength steel, engineering plastics, and composite materials. These advanced lightweight materials have equal strength compared to conventional components. For example, in 2016, BMW launched its technologically advanced 2017 i3 model, which consists of a carbon fiber polymer body. This carbon fiber polymer body helped the company to increase the battery capacity of the vehicle to 33kWh.
Major Automotive Wheel Rims Market Manufacturers covered in the market report include:
MAXION Wheels (Michigan, United States)
Steel Strips Wheels Ltd (Punjab, India)
ESE Carbon (Florida, United States)
Accuride Corporation (Indiana, United States)
Superior Industries International, Inc. (Michigan, United States)
Ronal Group (Härkingen, Switzerland)
Trelleborg AB (Trelleborg, Sweden)
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Global Automotive Wheel Rims Market Highlights:
The global automotive wheel rims market size was USD 19.18 billion in 2019 and is projected to reach USD 33.33 billion by 2027, exhibiting a CAGR of 8.2% during the forecast period.
The Global Automotive Wheel Rims Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
The report for Global Automotive Wheel Rims Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. Furthermore, report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Automotive Wheel Rims Market Regional Analysis:
This study provides an overview of the Global Automotive Wheel Rims Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Wheel Rims Market by its Type, Applications, End User and Region.
Automotive Wheel Rims Market Industry Competitive Analysis:
The Automotive Wheel Rims Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key questions answered in the report:
What will the market growth rate of Automotive Wheel Rims Market in 2029?
What are the key factors driving the global Market?
Who are the key manufacturers in space?
What are the market opportunities, market risk and market overview of the Global Market?
What are sales, revenue, and price analysis of top manufacturers of Global Market?
Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Automotive Wheel Rims Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Automotive Wheel Rims Market.
Table Of Content:
1 Market Overview
1.1 Automotive Wheel Rims Market Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
220.127.116.11 United States Market States and Outlook (2022-2029)
18.104.22.168 Canada Market States and Outlook (2022-2029)
22.214.171.124 Mexico Market States and Outlook (2022-2029)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
126.96.36.199 Germany Market States and Outlook (2022-2029)
188.8.131.52 France Market States and Outlook (2022-2029)
184.108.40.206 UK Market States and Outlook (2022-2029)
220.127.116.11 Russia Market States and Outlook (2022-2029)
18.104.22.168 Italy Market States and Outlook (2022-2029)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
22.214.171.124 China Market States and Outlook (2022-2029)
126.96.36.199 Japan Market States and Outlook (2022-2029)
188.8.131.52 Korea Market States and Outlook (2022-2029)
184.108.40.206 India Market States and Outlook (2022-2029)
220.127.116.11 Southeast Asia Market States and Outlook (2022-2029)
1.4.4 South America, Middle East and Africa
18.104.22.168 Brazil Market States and Outlook (2022-2029)
22.214.171.124 Egypt Market States and Outlook (2022-2029)
126.96.36.199 Saudi Arabia Market States and Outlook (2022-2029)
188.8.131.52 South Africa Market States and Outlook (2022-2029)
184.108.40.206 Turkey Market States and Outlook (2022-2029)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
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