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Global Wheel Market Research Report 2020

Published Date: 2020-02-21   |   Pages: 116   |   Tables: 223   | Report Id: 1528901   | Hits: 49 |   Automobile & Transportation

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The wheel is a rigid wheel that holds the inner edge of the tire, supports the tire and bears the load together with the tire.Also the combination of tires, rims and spokes collectively referred to as wheels.The wheel assembly consists of two major components, the wheel and the tire.

The global wheel market is a relatively concentrated market, with the output share of 19 major enterprises reaching 66% and the market scale accounting for 69% before 2019.The top five enterprises in wheel market size are citic daika, iochpe-maxion, Superior Industries, Borbet and RONAL GROUP.Citic daika dominates the list, accounting for 12.57% of the market in 2019.The second - and third-ranked companies are iochpe-maxion and Superior Industries.

QY Research has recently curated a research report titled, Global Wheel Market Research Report 2020. The report is structured on primary and secondary research methodologies that derive historic and forecast data. The global Wheel market is growing remarkably fast and is likely to thrive in terms of volume and revenue during the forecast period. Readers can gain insight into the various opportunities and restraints shaping the market. The report demonstrates the progress and bends that will occur during the forecast period.

Global Wheel Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of sales about the global market and also about each type from 2015 to 2026. This section mentions the volume of sales by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Wheel Market: Segment Analysis

The research report includes specific segments such as application and product type. Each type provides information about the sales during the forecast period of 2015 to 2026. The application segment also provides revenue by volume and sales during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Wheel Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan, Central & South America and India. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Wheel Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:

Steel Wheels

Aluminum Wheels

The main type in the global wheel market are steel wheels and aluminum wheels. In 2019, the output of aluminum wheels accounting for 72.47% of the total market.

By Application:

Passenger Vehicle

Commercial Vehicle

Global wheels are mainly used in passenger vehicles and commercial vehicles, accounting for 81.29% of the total in 2019.

Key Players:

The Key manufacturers that are operating in the global Wheel market are:

CITIC Dicastal

Iochpe-Maxion

Superior Industries

Borbet

RONAL GROUP

Alcoa Wheels

Topy Group

Accuride

Lizhong Group

Wanfeng Auto Wheels

Zhengxing Group

Enkei Wheels

Jinfei Kaida Wheel Co.,LTD

Zhongnan Wheel

CEMAX

Jingu Group

Sunrise Wheel

Yueling Wheels

Dongfeng Motor Corporation

Competitive Landscape

The analysts have provided a comprehensive analysis of the competitive landscape of the global Wheel market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

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