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Automotive Wheel Market Share
- Report ID: GMI1706
- Published Date: May 2020
- Report Format: PDF
Automotive Wheel Market Share
Automotive wheel manufacturers are focused on upgrading their product portfolio by introducing new products to strengthen their industry foothold. The key market players include
- Maxion Wheels
- Trelleborg AB
- CLN Group
- Mefro
- Otto Fuchs
- Jantsa
- Starco
- ALCAR Holding
- Titan Europe
- SuperAlloy Industrial Company
Frequently Asked Questions (FAQ) :
According to the analysts at GMI, the high-performance wheels market size is estimated to witness around 6.5% growth through 2026.
The Asia Pacific market dominance can be attributed to the availability of low-cost workforce and support for automotive manufacturing activities in the region.
The key market participants include Maxion Wheels, Trelleborg AB, CLN Group, Mefro, Otto Fuchs, Jantsa, Starco, ALCAR Holding, Titan Europe, and SuperAlloy Industrial Company.
In 2019, the aluminum wheel segment accounted for around 55% market share due to its lightweight structure.
The automotive wheel market valued at over USD 121 billion in 2019 and is expected to witness 5.8% CAGR during 2020 to 2026, says this GMI report.
Automotive Wheel Market Scope
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