Forged Alloy Alumunium Wheel Market (Updated Version Available)

The report offers detailed coverage of Forged Alloy Alumunium Wheel industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Forged Alloy Alumunium Wheel by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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. 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 report forecast global Forged Alloy Alumunium Wheel market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Forged Alloy Alumunium Wheel market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Superior Industries
Alcoa
BBS GmbH
CITIC Dicastal
Borbet
Gemsy Wheels
Ronal Wheels
Accuride
Wanfeng Auto
BBS JAPAN
RAYS Wheels
Cromodora Wheels
Zhejiang Jinfei
Lizhong Group
YHI


At the same time, we classify Forged Alloy Alumunium Wheel according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
OEM
Aftermarket
Market by Application
Passenger Vehicle
Commercial Vehicle

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Forged Alloy Alumunium Wheel market for the forecast period 2021 - 2025?
• What are the driving forces in the Forged Alloy Alumunium Wheel market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Forged Alloy Alumunium Wheel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?