Global Steel Wheel Market , Forecast to 2026

Wheel is an essential part of a motor vehicle. There are two options for the material of wheels, steel or aluminum, commonly called alloy in the automotive industry. Steel wheels are usually pressed from sheet metal and then welded together. They are still found on many cars since they are inexpensive, durable and flexible.According to Gen Consulting Company, global steel wheel market is projected to grow at a CAGR of 1.21% during the forecast period 2020-2026.

The steel wheel market is segmented on the basis of application, and region. By application, the steel wheel market is classified into Passenger Vehicles, Commercial Vehicles, Construction & Agricultural Vehicles. On the basis of region, the steel wheel industry is analyzed across North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa).

By Application:

- Passenger Vehicles

- Commercial Vehicles

- Construction & Agricultural Vehicles

By region, the market is analyzed across North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at global, regional & country level from 2020 to 2026.

- North America (U.S., Canada, Mexico, etc.)

- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)

- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)

- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)

- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)

The market research report covers the analysis of key stake holders of the global steel wheel market. Some of the leading players profiled in the report include:

- Accuride Corporation

- Iochpe-Maxion S.A.

- Topy Industries Ltd.

- alcar holding gmbh

- CLN SpA

- Gianetti Ruote S.r.l.

- Ring Techs Co., Ltd.

- Steel Strips Wheels Ltd.

- Wheels India Ltd (TVS Group)

- Zhengxing Wheel Group Co., Ltd.

- Changchun Faway Automobile Components Co., Ltd.

- Xiamen Sunrise Group Co., Ltd.

- Xingmin Intelligent Transportation Systems (Group) Co., Ltd.

- Zhejiang Jingu Co., Ltd.

- Dongfeng Automotive Wheel Co., Ltd.

- Shandong Shengtai Wheel Co., Ltd.

*list is not exhaustive, request free sample to get a complete list of companies

The base year of the study is 2019, and forecasts run up to 2026.

Research Objective

- To analyze and forecast the market size of global steel wheel market.

- To classify and forecast global steel wheel market based on application, and region.

- To identify drivers and challenges for global steel wheel market.

- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global steel wheel market.

- To conduct pricing analysis for global steel wheel market.

- To identify and analyze the profile of leading players operating in global steel wheel market.

The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

- Manufacturers of steel wheel

- Raw material suppliers

- Market research and consulting firms

- Government bodies such as regulating authorities and policy makers

- Organizations, forums and alliances related to steel wheel