Wheel Market, Global Outlook and Forecast 2023-2029

The global Wheel market was valued at US$ 22640 million in 2022 and is projected to reach US$ 28510 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

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This report aims to provide a comprehensive presentation of the global market for Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wheel. This report contains market size and forecasts of Wheel in global, including the following market information:

Global Wheel Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Wheel Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Wheel companies in 2022 (%)

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.

We surveyed the Wheel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Wheel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Wheel Market Segment Percentages, by Type, 2022 (%)

Steel Wheels
Aluminum Wheels

Global Wheel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Wheel Market Segment Percentages, by Application, 2022 (%)

Passenger Vehicle
Commercial Vehicle

Global Wheel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Wheel Market Segment Percentages, By Region and Country, 2022 (%)

North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Wheel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wheel revenues share in global market, 2022 (%)
Key companies Wheel sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Wheel sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Wheel, market overview.
Chapter 2: Global Wheel market size in revenue and volume.
Chapter 3: Detailed analysis of Wheel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wheel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wheel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

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