Automotive Wheel Market: Business Overview, Upcoming Trends And Top Company Analysis Forecast To 2030


Posted July 22, 2021 by Biswadeeptbrc

Global Automotive Wheel Market by The Business Research Company is segmented as Steel, Alloy, Carbon Fiber, Others

 
Automotive Wheel Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the automotive wheel industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected automotive wheel market growth numbers 2021-2030.

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https://www.thebusinessresearchcompany.com/report/automotive-wheel-global-market-report

The Automotive Wheel Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global automotive wheel market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Automotive Wheel Global Market Report 2021 covers automotive wheel market drivers, automotive wheel market trends, automotive wheel market growth rate, automotive wheel market major players, player-adopted strategies in the market, and automotive wheel market size.

The global automotive wheel market is expected to grow from $29.37 billion in 2020 to $30.41 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. The growth in the automotive wheel market is mainly due to the growing demand for vehicles fueled by growing urbanization. The market is expected to reach $44.28 billion in 2025 at a CAGR of 9.8%.

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The report covers the automotive wheel market segments-
1) By Material: Steel, Alloy, Carbon Fiber, Others
2) By Vehicle Class: Economy, Mid-Priced, Luxury-Priced
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
4) By Rim Size: 13-15", 16"-18", 19"-21", Above 21"

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Tags automotive wheel market analysis , automotive wheel market share , automotive wheel market report , automotive wheel market research , automotive wheel market segmentation , automotive wheel market , global automotive wheel market , automotive wheel industry , automotive wheel market size , automotive wheel market growth , automotive wheel market trends
Last Updated July 22, 2021