Global Passenger Vehicle Aluminum Alloy Wheel Market [2024-2030] | Market Size, Growth, Dynamics and Trends

According to our (Global Info Research) latest study, the global Passenger Vehicle Aluminum Alloy Wheel market size was valued at USD 11420 million in 2023 and is forecast to a readjusted size of USD 15640 million by 2030 with a CAGR of 4.6% during review period.

Aluminum Alloy Wheel is made by the aluminum alloy. The aluminum alloy wheel usually has better heat conduction and the weight is also lighter than the steel wheel. The aluminum alloy has relative smaller strength than the steel wheel, so it is applied in the passenger vehicle more than commercial vehicle.

Aluminum alloy wheels are a kind of hub material commonly used in modern automobiles. Using aluminum alloy wheels can significantly reduce the overall weight of the vehicle compared to traditional steel wheels. Reducing vehicle weight improves fuel economy, accelerates acceleration, and reduces braking distances. With the improvement of environmental awareness and the pursuit of fuel efficiency in the automotive industry, lightweight has become one of the important directions of current automotive design.

The Global Info Research report includes an overview of the development of the Passenger Vehicle Aluminum Alloy Wheel industry chain, the market status of Sedan & Hatchback (Casting, Forging), SUV (Casting, Forging), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Passenger Vehicle Aluminum Alloy Wheel.

Regionally, the report analyzes the Passenger Vehicle Aluminum Alloy Wheel markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Passenger Vehicle Aluminum Alloy Wheel market, with robust domestic demand, supportive policies, and a strong manufacturing base.

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Market Segmentation

Passenger Vehicle Aluminum Alloy Wheel market is split by Type and by Application. For the period 2019-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type

    Casting

    Forging

    Other

Market segment by Application

    Sedan & Hatchback

    SUV

    Other

Major players covered

    CITIC Dicastal

    Iochpe-Maxion

    Superior Industries

    Borbet

    RONAL GROUP

    Alcoa Wheels

    Accuride

    Lizhong Group

    Wanfeng Auto Wheels

    Zhengxing Group

    Enkei Wheels

    Jinfei Kaida Wheel Co.,LTD

    Zhongnan Wheel

    Jingu Group

    Sunrise Wheel

    Yueling Wheels

    Dongfeng Motor Corporation

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Passenger Vehicle Aluminum Alloy Wheel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Passenger Vehicle Aluminum Alloy Wheel, with price, sales, revenue and global market share of Passenger Vehicle Aluminum Alloy Wheel from 2019 to 2024.

Chapter 3, the Passenger Vehicle Aluminum Alloy Wheel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Passenger Vehicle Aluminum Alloy Wheel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Passenger Vehicle Aluminum Alloy Wheel market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Passenger Vehicle Aluminum Alloy Wheel.

Chapter 14 and 15, to describe Passenger Vehicle Aluminum Alloy Wheel sales channel, distributors, customers, research findings and conclusion.

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