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High Performance Wheels Market Share
- Report ID: GMI246
- Published Date: Oct 2021
- Report Format: PDF
High Performance Wheels Market Share
Key industry participants include
- Alcoa Wheels
- Iochpe-Maxion
- Carbon Revolution
- OZ S.p.A
- RAYS Co., Ltd.
- Konig Wheels
- HRE Performance Wheels
- ALCAR Holding
- Konig Wheels
- Euromax Wheels
- Weds Co., Ltd.
Players are also focusing on strategic ventures to gain a competitive edge.
Frequently Asked Questions (FAQ) :
The market size of high performance wheels reached USD 8.42 billion in 2020 and could expand at more than 5.4% CAGR through 2027, says this GMI report.
Magnesium segment could hold over 40% of the revenue share by 2027 owing benefits such as light weight, vibration resistance, and friction resistance.
High performance wheels demand from the OEM end-use segment could be worth USD 10 billion by 2027 led by increasing disposable incomes and the demand for luxury sports vehicles.
European market size will expand substantially owing to continuous vehicle light-weighting efforts by automakers.
High Performance Wheels Market Scope
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