Alloy Wheels Aftermarket Market | 73% Market Growth to Originate From APAC | Technavio Business Wire
The market is concentrated with only a few alloy wheel aftermarket companies operating in the market. ALCAR HOLDING GmbH, BORBET GmbH, and Enkei Corp. are some of the major market participants.
- Although the aging vehicle fleet will offer immense growth opportunities, the increase in OEM fitment will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
- To help clients improve their market position, this alloy wheels aftermarket market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies.
- The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this alloy wheels aftermarket market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
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This report provides information on the production, sustainability, and prospects of several leading companies, including:
- ALCAR HOLDING GmbH
- BORBET GmbH
- Enkei Corp.
- Howmet Aerospace Inc.
- Iochpe-Maxion SA
- RONAL AG
- Superior Industries International Inc.
- TSW Group
- Wheel Pros LLC
- YHI INTERNATIONAL Ltd.
Global Alloy Wheels Aftermarket Market: COVID-19 Impact Analysis
Market Impact:
As the business impact of COVID-19 spreads, the global alloy wheels aftermarket market 2020-2024 is expected to have negative and inferior growth.
Industry Impact:
The consumer discretionary industry is expected to have a negative impact due to the spread of the COVID-19 virus. The consumer discretionary market will have an indirect impact due to the spread. Even if the spread of the virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity.
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Key Highlights of the Report for 2020-2024:
- CAGR of the market during the forecast period 2019-2024
- Detailed information on factors that will drive alloy wheels aftermarket market growth during the next five years
- Precise estimation of the alloy wheels aftermarket market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in market dynamics
- The growth of the alloy wheels aftermarket market industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of alloy wheels aftermarket market vendors
Download a free sample of the report with COVID-19 crisis and recovery analysis.
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five force summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger vehicles – Market size and forecast 2019-2024
- Commercial vehicles – Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ALCAR HOLDING GmbH
- BORBET GmbH
- Enkei Corp.
- Howmet Aerospace Inc.
- Iochpe-Maxion SA
- RONAL AG
- Superior Industries International Inc.
- TSW Group
- Wheel Pros LLC
- YHI INTERNATIONAL Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Alloy Wheels Aftermarket Market | 73% Market Growth to Originate From APAC | Technavio | Business Wire