Global High Performance Wheels Market Insights, Forecast to 2025

SKU ID : QYR- 12959428

Publishing Date : 09-Jan-2019

No. of pages : 128


  • High performance wheels are those which are lighter, compact and less prone to galvanic corrosion. High performance wheels provide reduced unsprung weight that reduces unpleasant vibrations of the vehicle. Designing of super structural wheels tends to show significant gain in the market as they absorb impacts and soak up the off-road impacts and bumps. Ideal wheel rim dimensions guarantees improved air flow which provides smooth braking systems. High performance wheels are generally used in aerodynamics, motorsports and in vehicles used for logistics. There is increase in adoption of technologically advanced and luxurious vehicles among consumers. This is contributing to rising demand of high performance wheels.
    First of all, major drivers for high performance wheels market include government support, people preference for high performance wheels, weight reduction technical development. Currently, technical advance lead to the automobile industry size and get support from government. In addition, there is increasing demand for this product because of its property such as lightweight and help improve fuel efficiency, handling and ride performance. Second, Asia Pacific dominates the market and is expected to witness an `increase in the following year on account of rapid automotive industry expansion, cheap labor and extensive raw material. North America high performance wheels market is expected to witness substantial growth due to increasing sports car production, developing the economic condition and facility expansion.
    Global High Performance Wheels market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for High Performance Wheels.

    This industry study presents the global High Performance Wheels market size, historical breakdown data (2014-2019) and forecast (2019-2025). The High Performance Wheels production, revenue and market share by manufacturers, key regions and type;
    The consumption of High Performance Wheels in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Fikse, ALCAR Group, etc.

    The following manufacturers are covered in this report:
    ALCAR Group
    HRE Performance Wheels
    Weds Wheels
    Vossen Wheels
    American Eagle Wheels
    Gram Lights
    Konig Wheels
    Automotive Wheels
    Enkei Wheels
    Carbon Revolution

    High Performance Wheels Breakdown Data by Type
    Carbon Fiber
    High Performance Wheels Breakdown Data by Application
    Passenger Cars
    Lightweight Commercial Vehicles
    Heavy Trucks
    Buses & Coaches

    High Performance Wheels Production by Region
    United States
    South Korea
    Other Regions

    High Performance Wheels Consumption by Region
    North America
    United States
    South Korea
    Rest of Europe
    Central & South America
    Rest of South America
    Middle East & Africa
    GCC Countries
    South Africa
    Rest of Middle East & Africa

    The study objectives are:
    To analyze and research the global High Performance Wheels status and future forecast,involving, production, revenue, consumption, historical and forecast.
    To present the key High Performance Wheels manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
    To segment the breakdown data by regions, type, manufacturers and applications.
    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
    To identify significant trends, drivers, influence factors in global and regions.
    To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    In this study, the years considered to estimate the market size of High Performance Wheels :
    History Year: 2014 - 2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year: 2019 - 2025

    This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Performance Wheels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

    For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.