Light Vehicle Wheel Market Research Report: Types,Volume,Revenue and Industry Analysis 2024

According to our (Global Info Research) latest study, the global Light Vehicle Wheel market size was valued at USD 17180 million in 2023 and is forecast to a readjusted size of USD 22640 million by 2030 with a CAGR of 4.0% during review period.

Light vehicle wheels refer to wheels used for light vehicles (such as small cars, SUVs, etc.)

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. The development of the light vehicle wheels market is influenced by vehicle sales volume, vehicle owner demand, material technology, and manufacturing process. With the growth of the light vehicle market and the continuous advancement of technology, the light vehicle wheel market is also developing, and more lightweight, high-performance and stylish wheel products are emerging.

The Global Info Research report includes an overview of the development of the Light Vehicle Wheel industry chain, the market status of Passenger Vehicle (Steel Wheels, Aluminum Wheels), Commercial Vehicle (Steel Wheels, Aluminum Wheels), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Light Vehicle Wheel.

Regionally, the report analyzes the Light Vehicle 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 Light Vehicle Wheel market, with robust domestic demand, supportive policies, and a strong manufacturing base.

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Market Segmentation

Light Vehicle 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

    Steel Wheels

    Aluminum Wheels

Market segment by Application

    Passenger Vehicle

    Commercial Vehicle

Major players covered

    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

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

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

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

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

Chapter 4, the Light Vehicle 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 Light Vehicle 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 Light Vehicle Wheel.

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

Our Market Research Advantages：

Global Perspective: Our research team has a strong understanding of the company in the global Light Vehicle Wheel market.Which offers pragmatic data to the company.

Aim And Strategy: Accelerate your business integration, provide professional market strategic plans, and promote the rapid development of enterprises.

Innovative Analytics: We have the most comprehensive database of resources , provide the largest market segments and business information.

About Us:

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