Automotive Wheel Market - Top Companies and Manufacturers

Companies Dominating the Automotive Wheel Market

Automotive wheel market expansion is predicted to witness a lucrative share during the forecast period. The competitive environment is attributed to the tremendous demand for lightweight and efficient vehicles with competitive features. More companies are entering this sector owing to the potential growth opportunities. In the forecast period, the market will observe emerging competitors and a growing demand for the automotive wheel market around the world.

Euromax Wheel
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Prime Wheel Corporation
Carbon Revolution
Aluminum Wheel Co. Ltd
Superior Industries International Inc.
Foshan Nanhai Zhongnan
Ronal Group
BBS GmbH
Center Motor Wheel of America Inc.

Browse Key Market Insights with Data Illustration:

Automotive Wheel Market Size & Share, Forecast Report 2037

In the News

In September 2024, JSW MG revealed the alloy in the upcoming Windsor EV will have 18-inch alloy wheels with a diamond-cut design.
In January 2024, Accuride Corporation, announced Accuride’s steel wheel part numbers 51408, 51487, and 51637 have been tested and approved for a new increased tire inflation rate of 125 psi which will expand the range of tire choices available to trucking fleets allowing them to balance cost, availability, and efficiency as needed.

Frequently Asked Questions (FAQ)

In 2024, the industry size of the automotive wheel market was USD 48.8 billion.

The market size of the automotive wheel industry is projected to cross USD 103.9 billion by the end of 2037 expanding at a CAGR of 6.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Aluminum Wheel Co. Ltd, Superior Industries International Inc., Foshan Nanhai Zhongnan, Ronal Group, BBS GmbH, and others.

In terms of material type, the aluminum segment accounted for 56.5% share in 2024 and is expected to display substantial growth opportunities during 2025-2037.

The market in the Asia Pacific accounted for 33.2% market share in 2024 and is expected to provide more business opportunities in the future.

Automotive Wheel Market - Top Companies and Manufacturers

Companies Dominating the Automotive Wheel Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the automotive wheel market?

What is the outlook for the automotive wheel market?

Who are the major players dominating the automotive wheel market?

Which application segment will capture the significant market share for the automotive wheel market by 2037?

Which region will provide more business opportunities for the growth of the automotive wheel market in the future?