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Global Forged Alloy Alumunium Wheel Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 118 pages | ID: GE6F0136077AEN
APO Research

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Forged aluminium wheels are one-piece wheels formed from a single block of metal by hot forging, followed by hot or cold spinning and the necessary machining operations. The forging process permits flexibility in design of the styled disk, almost similar to cast wheels. Onepiece forging is considered superior to other forms of wheel manufacturing in providing ultimate strength while reducing weight compared to cast and multi-piece aluminium wheels.

Forged wheels are typically around 25% lighter than cast wheels (and potentially even more).

According to APO Research, The global Forged Alloy Alumunium Wheel market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Forged Alloy Alumunium Wheel key players include CITIC Dicastal, Superior Industries, Alcoa, Gemsy Wheels, BBS GmbH, etc. Global top five manufacturers hold a share over 35%.

Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share over 45 percent.

In terms of product, OEM is the largest segment, with a share over 90%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Forged Alloy Alumunium Wheel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forged Alloy Alumunium Wheel.

The Forged Alloy Alumunium Wheel market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Forged Alloy Alumunium Wheel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Superior Industries
  • Alcoa
  • BBS GmbH
  • CITIC Dicastal
  • Borbet
  • Gemsy Wheels
  • Ronal Wheels
  • Accuride
  • Wanfeng Auto
  • BBS JAPAN
  • RAYS Wheels
  • Cromodora Wheels
  • Zhejiang Jinfei
  • Lizhong Group
  • YHI
Forged Alloy Alumunium Wheel segment by Type
  • OEM
  • Aftermarket
Forged Alloy Alumunium Wheel segment by Application
  • Passenger Vehicle
  • Commercial Vehicle
Forged Alloy Alumunium Wheel Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Forged Alloy Alumunium Wheel market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Forged Alloy Alumunium Wheel and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Forged Alloy Alumunium Wheel.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Forged Alloy Alumunium Wheel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Forged Alloy Alumunium Wheel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Forged Alloy Alumunium Wheel Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Forged Alloy Alumunium Wheel Sales Estimates and Forecasts (2019-2030)
1.3 Forged Alloy Alumunium Wheel Market by Type
  1.3.1 OEM
  1.3.2 Aftermarket
1.4 Global Forged Alloy Alumunium Wheel Market Size by Type
  1.4.1 Global Forged Alloy Alumunium Wheel Market Size Overview by Type (2019-2030)
  1.4.2 Global Forged Alloy Alumunium Wheel Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Forged Alloy Alumunium Wheel Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Forged Alloy Alumunium Wheel Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Forged Alloy Alumunium Wheel Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Forged Alloy Alumunium Wheel Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Forged Alloy Alumunium Wheel Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Forged Alloy Alumunium Wheel Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Forged Alloy Alumunium Wheel Industry Trends
2.2 Forged Alloy Alumunium Wheel Industry Drivers
2.3 Forged Alloy Alumunium Wheel Industry Opportunities and Challenges
2.4 Forged Alloy Alumunium Wheel Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Forged Alloy Alumunium Wheel Revenue (2019-2024)
3.2 Global Top Players by Forged Alloy Alumunium Wheel Sales (2019-2024)
3.3 Global Top Players by Forged Alloy Alumunium Wheel Price (2019-2024)
3.4 Global Forged Alloy Alumunium Wheel Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Forged Alloy Alumunium Wheel Key Company Manufacturing Sites & Headquarters
3.6 Global Forged Alloy Alumunium Wheel Company, Product Type & Application
3.7 Global Forged Alloy Alumunium Wheel Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Forged Alloy Alumunium Wheel Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Forged Alloy Alumunium Wheel Players Market Share by Revenue in 2023
  3.8.3 2023 Forged Alloy Alumunium Wheel Tier 1, Tier 2, and Tier

4 FORGED ALLOY ALUMUNIUM WHEEL REGIONAL STATUS AND OUTLOOK

4.1 Global Forged Alloy Alumunium Wheel Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Forged Alloy Alumunium Wheel Historic Market Size by Region
  4.2.1 Global Forged Alloy Alumunium Wheel Sales in Volume by Region (2019-2024)
  4.2.2 Global Forged Alloy Alumunium Wheel Sales in Value by Region (2019-2024)
  4.2.3 Global Forged Alloy Alumunium Wheel Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Forged Alloy Alumunium Wheel Forecasted Market Size by Region
  4.3.1 Global Forged Alloy Alumunium Wheel Sales in Volume by Region (2025-2030)
  4.3.2 Global Forged Alloy Alumunium Wheel Sales in Value by Region (2025-2030)
  4.3.3 Global Forged Alloy Alumunium Wheel Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 FORGED ALLOY ALUMUNIUM WHEEL BY APPLICATION

5.1 Forged Alloy Alumunium Wheel Market by Application
  5.1.1 Passenger Vehicle
  5.1.2 Commercial Vehicle
5.2 Global Forged Alloy Alumunium Wheel Market Size by Application
  5.2.1 Global Forged Alloy Alumunium Wheel Market Size Overview by Application (2019-2030)
  5.2.2 Global Forged Alloy Alumunium Wheel Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Forged Alloy Alumunium Wheel Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Forged Alloy Alumunium Wheel Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Forged Alloy Alumunium Wheel Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Forged Alloy Alumunium Wheel Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Forged Alloy Alumunium Wheel Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Forged Alloy Alumunium Wheel Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Superior Industries
  6.1.1 Superior Industries Comapny Information
  6.1.2 Superior Industries Business Overview
  6.1.3 Superior Industries Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Superior Industries Forged Alloy Alumunium Wheel Product Portfolio
  6.1.5 Superior Industries Recent Developments
6.2 Alcoa
  6.2.1 Alcoa Comapny Information
  6.2.2 Alcoa Business Overview
  6.2.3 Alcoa Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Alcoa Forged Alloy Alumunium Wheel Product Portfolio
  6.2.5 Alcoa Recent Developments
6.3 BBS GmbH
  6.3.1 BBS GmbH Comapny Information
  6.3.2 BBS GmbH Business Overview
  6.3.3 BBS GmbH Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 BBS GmbH Forged Alloy Alumunium Wheel Product Portfolio
  6.3.5 BBS GmbH Recent Developments
6.4 CITIC Dicastal
  6.4.1 CITIC Dicastal Comapny Information
  6.4.2 CITIC Dicastal Business Overview
  6.4.3 CITIC Dicastal Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 CITIC Dicastal Forged Alloy Alumunium Wheel Product Portfolio
  6.4.5 CITIC Dicastal Recent Developments
6.5 Borbet
  6.5.1 Borbet Comapny Information
  6.5.2 Borbet Business Overview
  6.5.3 Borbet Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Borbet Forged Alloy Alumunium Wheel Product Portfolio
  6.5.5 Borbet Recent Developments
6.6 Gemsy Wheels
  6.6.1 Gemsy Wheels Comapny Information
  6.6.2 Gemsy Wheels Business Overview
  6.6.3 Gemsy Wheels Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Gemsy Wheels Forged Alloy Alumunium Wheel Product Portfolio
  6.6.5 Gemsy Wheels Recent Developments
6.7 Ronal Wheels
  6.7.1 Ronal Wheels Comapny Information
  6.7.2 Ronal Wheels Business Overview
  6.7.3 Ronal Wheels Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Ronal Wheels Forged Alloy Alumunium Wheel Product Portfolio
  6.7.5 Ronal Wheels Recent Developments
6.8 Accuride
  6.8.1 Accuride Comapny Information
  6.8.2 Accuride Business Overview
  6.8.3 Accuride Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Accuride Forged Alloy Alumunium Wheel Product Portfolio
  6.8.5 Accuride Recent Developments
6.9 Wanfeng Auto
  6.9.1 Wanfeng Auto Comapny Information
  6.9.2 Wanfeng Auto Business Overview
  6.9.3 Wanfeng Auto Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Wanfeng Auto Forged Alloy Alumunium Wheel Product Portfolio
  6.9.5 Wanfeng Auto Recent Developments
6.10 BBS JAPAN
  6.10.1 BBS JAPAN Comapny Information
  6.10.2 BBS JAPAN Business Overview
  6.10.3 BBS JAPAN Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 BBS JAPAN Forged Alloy Alumunium Wheel Product Portfolio
  6.10.5 BBS JAPAN Recent Developments
6.11 RAYS Wheels
  6.11.1 RAYS Wheels Comapny Information
  6.11.2 RAYS Wheels Business Overview
  6.11.3 RAYS Wheels Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 RAYS Wheels Forged Alloy Alumunium Wheel Product Portfolio
  6.11.5 RAYS Wheels Recent Developments
6.12 Cromodora Wheels
  6.12.1 Cromodora Wheels Comapny Information
  6.12.2 Cromodora Wheels Business Overview
  6.12.3 Cromodora Wheels Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Cromodora Wheels Forged Alloy Alumunium Wheel Product Portfolio
  6.12.5 Cromodora Wheels Recent Developments
6.13 Zhejiang Jinfei
  6.13.1 Zhejiang Jinfei Comapny Information
  6.13.2 Zhejiang Jinfei Business Overview
  6.13.3 Zhejiang Jinfei Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Zhejiang Jinfei Forged Alloy Alumunium Wheel Product Portfolio
  6.13.5 Zhejiang Jinfei Recent Developments
6.14 Lizhong Group
  6.14.1 Lizhong Group Comapny Information
  6.14.2 Lizhong Group Business Overview
  6.14.3 Lizhong Group Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Lizhong Group Forged Alloy Alumunium Wheel Product Portfolio
  6.14.5 Lizhong Group Recent Developments
6.15 YHI
  6.15.1 YHI Comapny Information
  6.15.2 YHI Business Overview
  6.15.3 YHI Forged Alloy Alumunium Wheel Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 YHI Forged Alloy Alumunium Wheel Product Portfolio
  6.15.5 YHI Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Forged Alloy Alumunium Wheel Sales by Country
  7.1.1 North America Forged Alloy Alumunium Wheel Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Forged Alloy Alumunium Wheel Sales by Country (2019-2024)
  7.1.3 North America Forged Alloy Alumunium Wheel Sales Forecast by Country (2025-2030)
7.2 North America Forged Alloy Alumunium Wheel Market Size by Country
  7.2.1 North America Forged Alloy Alumunium Wheel Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Forged Alloy Alumunium Wheel Market Size by Country (2019-2024)
  7.2.3 North America Forged Alloy Alumunium Wheel Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Forged Alloy Alumunium Wheel Sales by Country
  8.1.1 Europe Forged Alloy Alumunium Wheel Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Forged Alloy Alumunium Wheel Sales by Country (2019-2024)
  8.1.3 Europe Forged Alloy Alumunium Wheel Sales Forecast by Country (2025-2030)
8.2 Europe Forged Alloy Alumunium Wheel Market Size by Country
  8.2.1 Europe Forged Alloy Alumunium Wheel Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Forged Alloy Alumunium Wheel Market Size by Country (2019-2024)
  8.2.3 Europe Forged Alloy Alumunium Wheel Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Forged Alloy Alumunium Wheel Sales by Country
  9.1.1 Asia-Pacific Forged Alloy Alumunium Wheel Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Forged Alloy Alumunium Wheel Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Forged Alloy Alumunium Wheel Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Forged Alloy Alumunium Wheel Market Size by Country
  9.2.1 Asia-Pacific Forged Alloy Alumunium Wheel Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Forged Alloy Alumunium Wheel Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Forged Alloy Alumunium Wheel Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Forged Alloy Alumunium Wheel Sales by Country
  10.1.1 Latin America Forged Alloy Alumunium Wheel Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Forged Alloy Alumunium Wheel Sales by Country (2019-2024)
  10.1.3 Latin America Forged Alloy Alumunium Wheel Sales Forecast by Country (2025-2030)
10.2 Latin America Forged Alloy Alumunium Wheel Market Size by Country
  10.2.1 Latin America Forged Alloy Alumunium Wheel Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Forged Alloy Alumunium Wheel Market Size by Country (2019-2024)
  10.2.3 Latin America Forged Alloy Alumunium Wheel Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Forged Alloy Alumunium Wheel Sales by Country
  11.1.1 Middle East and Africa Forged Alloy Alumunium Wheel Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Forged Alloy Alumunium Wheel Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Forged Alloy Alumunium Wheel Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Forged Alloy Alumunium Wheel Market Size by Country
  11.2.1 Middle East and Africa Forged Alloy Alumunium Wheel Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Forged Alloy Alumunium Wheel Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Forged Alloy Alumunium Wheel Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Forged Alloy Alumunium Wheel Value Chain Analysis
  12.1.1 Forged Alloy Alumunium Wheel Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Forged Alloy Alumunium Wheel Production Mode & Process
12.2 Forged Alloy Alumunium Wheel Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Forged Alloy Alumunium Wheel Distributors
  12.2.3 Forged Alloy Alumunium Wheel Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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