Global Automotive Wheels Aftermarket Market research report utilizes a SWOT analysis as well as Porter’s Five Forces analysis to reveal the strengths, weaknesses, opportunities, and threats. This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments. The report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The report also studies the various inhibitors as well as motivators of the Global Automotive Wheels Aftermarket Market in both quantitative and qualitative manners in order to provide accurate information to the readers.
Market Analysis: Global Automotive Wheels Aftermarket Market
Global Automotive Wheels Aftermarket Market is expected to rise from its initial estimated value of USD 3.47 billion in 2018 to an estimated value of USD 4.65 billion by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. Increasing demand for lightweight material is the major factor for the growth of this market.
Key Market Competitors: Global Automotive Wheels Aftermarket Market
Few of the major competitors currently working in the global automotive wheels aftermarket market are AEZ Leichtmetallräder GmbH, ALLOY WHEEL REPAIR SPECIALISTS, LLC, Arconic, Automotive Wheels Ltd, BBS Kraftfahrzeugtechnik, Beyern Wheels, Borbet GmbH, CMWheels, ENKEI CORPORATION, Forgiato, Jian Sin Industrial Co. Ltd., KONIG AMERICAN, LKQ Corporation, MAXION Wheels Inc., O.Z. S.p.A., RAYS Co. Ltd, RONAL GROUP, Tanabe USA Inc., Status Wheels and TSW Alloy Wheels.
This report studies Global Automotive Wheels Aftermarket Market in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2025.
This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.
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Conducts Overall Global Automotive Wheels Aftermarket Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of Global Automotive Wheels Aftermarket Market By Aftermarket (New Wheel Replacement, Refurbished Wheel Fitment), Vehicle (PC, CV), Coating (Liquid, Powdered), Material (Alloys, Steel, Others), Rim Size (13-15 Inch, 16- 18 Inch, 19- 21 Inch, Above 21 Inch), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.
Market Definition: Global Automotive Wheels Aftermarket Market
Wheel is a circular object that enables a vehicle or any other object to move easily. They revolve in an axle and the material used in the wheel is hard and durable. Good wheel provide stability and traction to the vehicle. Three important components of wheels are camber, caster and toe. There are alloy wheels that are made of alloy of magnesium and aluminium; they are combination of different metals and elements. They are very lighter as compared to the steel wheels and people use them to improve the appearance of their vehicle. Aftermarkets wheels are made to fit in multiple manufacturers and are made by the independent manufacturer. They are usually made with the cheaper materials as compared to the other wheels.
- Uses of alloy can improve the breaking performance; this factor is driving the market
- Light-weight allots increase the fuel efficiency of vehicles; this factor is expected to act as a driver for the market growth
- They are expensive to buy and to repair
- Alloy are not that much strong
This reports includes the following deliverable
- Macro Indicator Analysis
- Bleaching Agents Market Overview
- Market Dynamics
- Drivers, Restraints, Opportunities and Challenges
- Market sizing and growth analysis
- Global Bleaching Agents Market forecasting to 2025
- Market Competitive Landscape
- Product Launches and Pipeline Analysis
- Value Chain Analysis
- Market Mergers, Acquisitions and Agreements
- Company Profiles
This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the Global Automotive Wheels Aftermarket Market. It provides the market forecast to 2025, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.
Table Of Contents: Global Automotive Wheels Aftermarket Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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Key Developments in the Market:
- In November 2018, Wolfrace Wheels announced the launch of their new wheel which is a combination of Wolfrace GB range and Wolfrace Eurosport so that they can serve high quality alloy to their customers.
- In January 2017, Ferada wheels launched their wheel in India which cost around 1.8 lacs to 3 lakhs and are available in 19-inch or 20- inch configurations. They soon will launch 22- inch so that they can target SUV customers as well.
Competitive Analysis: Global Automotive Wheels Aftermarket Market
Global automotive wheels aftermarket market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive wheels aftermarket for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Questions Answered in This Report
- What will the Global Automotive Wheels Aftermarket Market size be in 2025 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?
Key reason to Purchase the report
- To describe and forecast the Global Automotive Wheels Aftermarket Market, in terms of value, by process, product type, and industry.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global Automotive Wheels Aftermarket Market growth
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the Global Automotive Wheels Aftermarket Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Key focus of the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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