Automotive Metal Wheel Market: Demand for Light Weight Wheels Driving Adoption

The global automotive metal wheel market is anticipated to stand at a valuation of approximately US$ 92 Billion by the end of the forecast period. Fact.MR opines that increasing demand for light weight wheels for better fuel economy and vehicular performance is a major factor restraining the widespread adoption of automotive metal wheel, globally. Moreover, since metal wheels are more exposed to rust and corrosion, automotive wheel manufacturers prefer using alloy.
Aluminum alloy wheel is receiving accolades from all corners given its tremendous lightness, terrific grip on hostile terrains, advanced thermal conductivity, structural strength and better corrosion resistance; physical features of machine processing, casting and reutilizing. Alloy wheels have the capability of dissipating heat away from brake components along with providing significant fuel efficiency, faster stopping and quicker acceleration owing to reduced weight. As aluminum can be recycle easily, the aluminum alloy wheel is invaluable for energy preservation.
Get Free Sample Report Here:
https://www.factmr.com/connectus/sample?flag=S&rep_id=152
Additive manufacturing —3D printing has brought a paradigm shift in automotive industry through lighter, stronger and safer products; reduced cost and contained lead times. Weight reduction is one of the pivotal aspects relating to additive manufacturing (AM). Accordingly, automotive application reaps benefits from complex geometries and sophisticated engineering materials to enhance performance and reduce weight.
Titanium is one of the most admired metals for strength and corrosion resistance vis-à-vis aluminum, however, it is inferior owing to designing, machine processing and high cost. Automotive metal wheels manufacturers have been using titanium alloy in electric vehicles as a prototype. Besides, some manufacturers are replacing aluminum with carbon fiber band to reduce rotational inertia and weight in automotive metal wheels.
The report provides in-depth view of the global automotive metal wheel market and includes the following sub-sections:

Market Taxonomy
Market Definition
Market Size and Forecast
Year-on-Year (YoY) Growth
Key Market Dynamics including drivers, restraints, and trends
Supply chain analysis
Cost structure analysis
Pricing analysis
Raw Material Sourcing Strategy and Analysis
List of Distributors
Key Participants Market Presence (Intensity Map) By Region

Browse Full Report with ToC Here:
https://www.factmr.com/report/152/automotive-metal-wheel-market
Automotive Metal Wheel Market: Report Content
This report presents a thorough analysis on automotive metal wheel market which is underpinned by qualitative and quantitative assessment. Further, the report gives actionable insights on the drivers, trends, restraints, trends, opportunities, which have its considerable impact on the development of automotive metal wheel market. Moreover, the report throws light on segregation of the market to offer a coherent assessment of the automotive metal wheel.
Manufacturers of automotive metal wheels have been experimenting with Titanium alloy-especially in electric vehicles, by replacing aluminum wheel centers with titanium alloys for light weight wheels. Additionally, man
Aluminum Alloy Metal in for a Bright Future in the Global Automotive Metal Wheel Market
Superior thermal conductivity compared to Steel, more structural strength, improved grip on difficult terrains, and better corrosion resistance are some key properties pushing the demand for Aluminum alloy wheels through 2022. Enhanced scope for multiple design innovations along with better fuel economy will result in widespread consumption of alloys wheels.
Automotive Metal Wheel Market: Competitive Analysis
Fact.MR envisages that product innovations and new product launches will remain the most prominent strategy in the highly fragmented global automotive metal wheel market, to broaden the scope of their product offerings and reach to a more consumers. Owing to the significant market shift from steel wheels to aluminum wheels, Maxion Wheels recently laid the foundation for a new aluminum wheel plant in Pune, India to specifically cater to the growing demand for aluminum wheels in the region. Riding the aluminum wheels wave, Chinese wheel manufacturer CITIC Dicastal is said to build two aluminum wheels factories in Morocco, with an investment of 350 million euros. Iochpe-Maxion, CITIC Dicastal, Borbet, Superior Industries, Accuride, and Jingu Group are some key companies profiled by Fact.MR in its report on global automotive metal wheel market.

Lavatory Service Vehicles Market Analysis Highlighting Opportunities and Development Status during 2018 to 2028

As per the current market trends and the promising nature of the lavatory service vehicles market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACT.MR would be publishing a resourceful analysis that will enclose knowledge about the lavatory service vehicles market size , revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2018-2028, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report. Report Sample Request for Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=1912 The U.S. Environment Protection Agency (EPA) has published documents to set Guidelines on Airport Emissions and Emission Reductions, which is encouraging airports to put eff...

Auto Infotainment Market: Asia Pacific Excluding Japan (APEJ) to Reflect High Potential

Continuous innovations driven by electronics are being observed in the automotive industry. High tech electronics offer passengers as well as drivers with various systems within the vehicle, for instance, in-car navigation system. In addition, all information and entertainment can be delivered through wireless technology making it convenient for the vehicle occupant. Today’s consumer is more focused on auto infotainment technology incorporated in a car’s dashboard rather than the components present under its hood. Credited to super semiconductor growth, microelectronics has enhanced auto infotainment systems, by improving their functionality and output. Request a PDF sample of the report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=584 Auto infotainment is the ongoing megatrend that is gaining traction in modern vehicles that is fuelling the ubiquity of microelectronics. Consumers are more eager to get connected and access their content at any point in time and at an...

Trailer Canopy Market Outlook Highlights Major Opportunities Likely to Steer Demand during 2018 to 2028

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global trailer canopy market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The trailer canopy market trends analysis report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. On-demand customizations and vehicle innovations largely influence the trailer canopy market and contribute in its market growth. Trailer canopies are used for many purposes and their purpose has grown beyond providing shade. Major stake holders in the market have introduced many solutions in accordance with customer need. Customized trailer canopies attract customer attention. Metal based trailer canopies are the other type that are highly demanded. Manufacturers are offering different type of offers including emptied canop...

Automotive Market Reports

Search This Blog