Market Overview:
The global pickup truck steel wheel market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for pickup trucks across the globe. The global pickup truck steel wheel market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into casting, forging and other segments. Casting dominates the global pickup truck steel wheel market owing to its low cost as compared to forging process. On the basis of application, gasline accounts for a major share in terms of value followed by diesel applications globally. However, diesel is expected to witness higher growth rate during forecast period due increased demand from developing countries such as India and China .
Product Definition:
A pickup truck steel wheel is a type of wheel that is typically used on pickup trucks. They are made from steel, which makes them strong and durable. This makes them ideal for use on rough terrain or in other tough environments.
Casting:
Casting is the process of making a mold or pattern to create a perfect copy of an object. It is used in various industries such as automotive, construction equipment, and consumer goods industries. The main purpose of casting is to make multiple copies of an original model or design at the same time. Casts are made from high-quality molds that are made up of sand or other materials like plasticine clay which helps in producing accurate prototypes for testing and final production purposes.
Forging:
Forging is a process of manufacturing steel wheel by heating and shaping the metal mass in the presence of high temperature. There are two types of forgers namely open hearth and electric arc furnace. The basic difference between these two processes is that in an electric arc furnace, carbon dioxide or coke is used as a fuel whereas in an open hearth furnace, iron ore or pig iron is used as a fuel.
Application Insights:
The gasline application segment accounted for the largest volume share of over 40% in 2017. The growth can be attributed to the growing demand for natural gas as a fuel source in power generation and transportation sectors. Pickup trucks are widely used by utility companies, construction firms, mining companies and other industries that require heavy-duty vehicles on a daily basis.
Gasoline-powered pickup trucks have been gaining popularity due to their low cost of operation as compared to diesel engines and their ability to provide better performance at lower costs per kilometer traveled. However, emission norms issued by regulatory authorities across various countries have curtailed this trend owing to which diesel engine powered pick up trucks continue being popular despite having higher emissions levels than gasoline engines do nowadays.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of total volume in 2017 owing to high demand from developing countries such as India, China, and Indonesia. Moreover, rising disposable income levels are anticipated to fuel the regional product demand over the coming years.
North America pickup truck steel wheel market was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing production facilities for vehicles manufactured by Ford Motors Company; General Motors Company; and Fiat Chrysler Automobiles N.V., S.pA., etcetera across U S A & Canada coupled with growing consumer preference towards these lightweight vehicles with superior performance characteristics as compared light weight cars offering better gas Mileage per liter or liters/100 km’s petrol consumption rating).
Growth Factors:
- Increasing demand for pickup trucks from the commercial sector
- Rising demand for lightweight and fuel-efficient pickup truck steel wheels
- Growing popularity of off-road driving and advent of new wheel designs catering to this trend
- Proliferation of online retail platforms that offer wider choice and competitive prices for steel wheels
- Increasing number of replacement purchases as vehicles age
Scope Of The Report
Report Attributes
Report Details
Report Title
Pickup Truck Steel Wheel Market Research Report
By Type
Casting, Forging, Other
By Application
Gasline, Disel
By Companies
CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, Alcoa, Wanfeng Auto, Iochpe-Maxion, Zhejiang Jinfei Holding Group, Topy Group, Accuride, Steel Strips Wheels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Pickup Truck Steel Wheel Market Report Segments:
The global Pickup Truck Steel Wheel market is segmented on the basis of:
Types
Casting, Forging, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gasline, Disel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CITIC Dicastal
- Borbet
- Ronal Wheels
- Superior Industries
- Enkei Wheels
- Lizhong Group
- Alcoa
- Wanfeng Auto
- Iochpe-Maxion
- Zhejiang Jinfei Holding Group
- Topy Group
- Accuride
- Steel Strips Wheels
Highlights of The Pickup Truck Steel Wheel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Casting
- Forging
- Other
- By Application:
- Gasline
- Disel
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pickup Truck Steel Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pickup truck steel wheel is a type of wheel made from steel. It is used on pickup trucks and other vehicles that need a strong and durable wheel.
Some of the major companies in the pickup truck steel wheel market are CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, Alcoa, Wanfeng Auto, Iochpe-Maxion, Zhejiang Jinfei Holding Group, Topy Group, Accuride, Steel Strips Wheels.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pickup Truck Steel Wheel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Pickup Truck Steel Wheel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pickup Truck Steel Wheel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Pickup Truck Steel Wheel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Pickup Truck Steel Wheel Market Size & Forecast, 2018-2028 4.5.1 Pickup Truck Steel Wheel Market Size and Y-o-Y Growth 4.5.2 Pickup Truck Steel Wheel Market Absolute $ Opportunity
Chapter 5 Global Pickup Truck Steel Wheel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pickup Truck Steel Wheel Market Size Forecast by Type
5.2.1 Casting
5.2.2 Forging
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pickup Truck Steel Wheel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pickup Truck Steel Wheel Market Size Forecast by Applications
6.2.1 Gasline
6.2.2 Disel
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pickup Truck Steel Wheel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pickup Truck Steel Wheel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pickup Truck Steel Wheel Analysis and Forecast
9.1 Introduction
9.2 North America Pickup Truck Steel Wheel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pickup Truck Steel Wheel Market Size Forecast by Type
9.6.1 Casting
9.6.2 Forging
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pickup Truck Steel Wheel Market Size Forecast by Applications
9.10.1 Gasline
9.10.2 Disel
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pickup Truck Steel Wheel Analysis and Forecast
10.1 Introduction
10.2 Europe Pickup Truck Steel Wheel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pickup Truck Steel Wheel Market Size Forecast by Type
10.6.1 Casting
10.6.2 Forging
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pickup Truck Steel Wheel Market Size Forecast by Applications
10.10.1 Gasline
10.10.2 Disel
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pickup Truck Steel Wheel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pickup Truck Steel Wheel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pickup Truck Steel Wheel Market Size Forecast by Type
11.6.1 Casting
11.6.2 Forging
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pickup Truck Steel Wheel Market Size Forecast by Applications
11.10.1 Gasline
11.10.2 Disel
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pickup Truck Steel Wheel Analysis and Forecast
12.1 Introduction
12.2 Latin America Pickup Truck Steel Wheel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pickup Truck Steel Wheel Market Size Forecast by Type
12.6.1 Casting
12.6.2 Forging
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pickup Truck Steel Wheel Market Size Forecast by Applications
12.10.1 Gasline
12.10.2 Disel
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pickup Truck Steel Wheel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pickup Truck Steel Wheel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pickup Truck Steel Wheel Market Size Forecast by Type
13.6.1 Casting
13.6.2 Forging
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pickup Truck Steel Wheel Market Size Forecast by Applications
13.10.1 Gasline
13.10.2 Disel
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pickup Truck Steel Wheel Market: Competitive Dashboard
14.2 Global Pickup Truck Steel Wheel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CITIC Dicastal
14.3.2 Borbet
14.3.3 Ronal Wheels
14.3.4 Superior Industries
14.3.5 Enkei Wheels
14.3.6 Lizhong Group
14.3.7 Alcoa
14.3.8 Wanfeng Auto
14.3.9 Iochpe-Maxion
14.3.10 Zhejiang Jinfei Holding Group
14.3.11 Topy Group
14.3.12 Accuride
14.3.13 Steel Strips Wheels