“Automotive Wheel Market, by Rim Size (13-15,16-18,19-21,>21 inch), Material (Steel, Alloy, Carbon
Fiber), Off-highway (Construction & Mining, Agriculture Tractors) Vehicle type, Vehicle class, End-Use,
and Region - Global Forecast to 2025”
MarketsandMarkets: The automotive wheel market is projected to grow at a CAGR of 5.52% during
the forecast period, from USD 32.87 billion in 2017 to USD 50.54 billion by 2025.
The growing vehicle production and the rising demand for improved vehicle dynamics are expected to
drive the automotive wheel market.
Browse through more than 93 market data tables and 51 figures spread through 152 Pages and in-depth
TOC on “automotive wheel market” – Global Forecast to 2025
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The alloy wheel segment is estimated to be the largest segment in the Automotive Wheel Market
The alloy wheel is estimated to be the largest segment of the automotive wheel market during the
forecast period. The rise in demand for reducing vehicle weight and improved vehicle dynamics for
complying with stringent emission norms has fueled the demand for the alloy wheel segment.
OE segment is estimated to be the largest and fastest growing segment in the Automotive Wheel
Market
The OE segment is estimated to be the largest and fastest growing market during the forecast period.
Wheels are designed to last long with the vehicle life and are replaced or changed in case of accidental
damage or by an enthusiast. So, the demand for the wheel is low in the aftermarket as compared to the
OE market.
The luxury priced vehicle segment is estimated to be the largest and fastest growing segment of
automotive wheel market in terms of value