Automotive Wheels Aftermarket Market Trends 2021 Segmentation, Outlook, Industry Report to 2028
Automotive Wheels Aftermarket Market, By Material (Aluminum, Steel, Magnesium, Carbon Fiber), Product (Regular, High Performance), End-use (OEM, Aftermarket), Vehicle (Passenger Cars, Lightweight Commercial Vehicles, Heavy Trucks, Buses & Coaches, Trailers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
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Report Description Automotive wheels aftermarket market will reach at an estimated value of USD 5.01 billion and grow at a CAGR of 3.75% in the forecast period of 2021 to 2028. Rising vehicle dynamics and increased demand is the main driving factor for the automotive wheels aftermarket market. Wheel is defined as a circular object which enables a vehicle or any other object to move easily. They revolve in an axle and the material used in the wheel is hard and durable. Good wheel provide stability and traction to the vehicle. Three important components of wheels are camber, caster and toe. There are alloy wheels that are made of alloy of magnesium and aluminium and are the combination of different metals and elements. They are very light as compared to the steel wheels and people use them to improve the appearance of their vehicle.
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Major Key Players Some of the major players operating in this market are : • • • • • • • • • •
AEZ Leichtmetallräde ALLOY WHEEL REPAIR SPECIALISTS, LLC Arconic Automotive Wheels Ltd BBS Kraftfahrzeugtechnik Beyern Wheels Borbet GmbH CMWheels ENKEI CORPORATION Forgiato, Inquire Before Buying : 3 https://www.databridgemarketresearch.com/inquire-before-buying/? dbmr=global-automotive-wheels-aftermarket-market
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Market Segmentation • By Material (Aluminum, Steel, Magnesium, Carbon Fiber) • By Product (Regular, High Performance) • By End-use (OEM, Aftermarket)
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Regional Analysis Based on geography, the market is segmented into five geographical regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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