Market Overview:
The global carbon fibre wheels market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and high-performance vehicles. Carbon fibre wheels are made up of carbon fibre, which is a strong and lightweight material, making it an ideal choice for vehicle manufacturers as well as consumers. Additionally, stringent emission norms are also fuelling the demand for carbon fibre wheels as they help in reducing emissions from vehicles. The global carbon fibre wheels market by type is segmented into 19 inch and others. The 19 inch segment is expected to hold the majority share of the market during the forecast period owing to its growing popularity among consumers across all regions. Additionally, OEMs are increasingly adopting this size for their new models as it offers better performance and fuel efficiency than other sizes available in the market. The global carbon fibre wheels market by application is segmented into OEM and aftermarket segments. The OEM segment held majority share of the global carbon fiber wheel market in 2017 due to rising demand from luxury carmakers across all regions.
Product Definition:
Carbon Fibre Wheels are a type of wheel that is made from carbon fibre. Carbon fibre is a strong and lightweight material that is often used in racing cars and other high-performance vehicles. Carbon fibre wheels are becoming more popular because they are lighter than traditional metal wheels, which can improve performance and fuel economy. They can also be customised to match the colour of a car's bodywork.
19 Inch:
The 19 inch wheel is a standard size for the wheels that are used on heavy commercial vehicles such as trucks and buses. The 19 inch wheel has a diameter of 605 mm and is 70 mm wider than the 650mm standard size. It’s mainly used in two types of vehicles, namely light truck and sports utility vehicle (SUV).
Others:
Others include all other materials and components not mentioned above. Carbon Fibre Others Market Size, Share & Trends Analysis Report By Application (Cycling, Non-cycling), By Region (North America, Europe, APAC), And Segment Forecasts, 2022 - 2030 -> The global others market size was valued at USD 2.67 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2030.
Application Insights:
The OEM segment dominated the global market in terms of revenue share in 2017. The growing importance of lightweight vehicles to reduce fuel consumption and increase efficiency is expected to drive the demand for carbon fiber wheels, which are largely manufactured using resin composites. In addition, stringent regulations on vehicle emissions across various regions are driving the adoption of low-emissions products such as CFR wheels.
The demand for replacement or additional sets of original equipment tires is expected to be one of the major applications areas over the forecast period owing to increasing use as original equipment tires on light commercial vehicles (LCVs) and heavy trucks among other transport modes such as buses and coaches among others globally. Replacement set includes new or refurbished units that have been installed aftermarket product from an authorized reseller with similar design features but at a lower price than before along with any necessary mounting accessories required for installation purposes including nuts bolts washers spacers etc.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing rapid developments in automotive sector on account of low production cost and easy availability of skilled workforce. Moreover, increasing per capita income levels coupled with high demand for automobiles are expected to drive the growth in this region.
The European market was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to stringent regulations regarding carbon emissions caused by vehicles. In addition, presence of major automobile manufacturers such as BMW, Mercedes Benz and Volkswagen Group will boost product sales which will positively influence industry growth over the next eight years.
North America accounted for 24% share in terms of revenue owing carbon fibre wheels superior performance comparedto other materials used for manufacturing vehicle weight reduction components such as aluminum or steel Alloys (SWA).
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising awareness about the benefits of carbon fibre wheels
- Technological advancements in manufacturing processes
- Growing popularity of luxury cars and sports cars
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Fibre Wheels Market Research Report
By Type
19 Inch, Others
By Application
OEM, Aftermarket
By Companies
Carbon Revolution, Dymag, ESE Carbon, Geric, Blackstone Tek, Rotobox, HRE Wheels, WEDS, STREN
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Fibre Wheels Market Report Segments:
The global Carbon Fibre Wheels market is segmented on the basis of:
Types
19 Inch, Others
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
OEM, Aftermarket
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:
- Carbon Revolution
- Dymag
- ESE Carbon
- Geric
- Blackstone Tek
- Rotobox
- HRE Wheels
- WEDS
- STREN
Highlights of The Carbon Fibre Wheels 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:
- 19 Inch
- Others
- By Application:
- OEM
- Aftermarket
- 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 Carbon Fibre Wheels 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Carbon fibre wheels are made from a composite material that is composed of carbon and other materials. The carbon fibre makes the wheel strong and lightweight, which allows for a more nimble ride.
Some of the key players operating in the carbon fibre wheels market are Carbon Revolution, Dymag, ESE Carbon, Geric, Blackstone Tek, Rotobox, HRE Wheels, WEDS, STREN.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Fibre Wheels 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 Carbon Fibre Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Fibre Wheels 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 Carbon Fibre Wheels 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 Carbon Fibre Wheels Market Size & Forecast, 2020-2028
4.5.1 Carbon Fibre Wheels Market Size and Y-o-Y Growth
4.5.2 Carbon Fibre Wheels Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 19 Inch
5.2.2 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Fibre Wheels 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 Carbon Fibre Wheels 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 19 Inch
9.6.2 Others
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 Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 19 Inch
10.6.2 Others
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 Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 19 Inch
11.6.2 Others
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 Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 19 Inch
12.6.2 Others
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 Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 19 Inch
13.6.2 Others
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) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Carbon Fibre Wheels Market: Competitive Dashboard
14.2 Global Carbon Fibre Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carbon Revolution
14.3.2 Dymag
14.3.3 ESE Carbon
14.3.4 Geric
14.3.5 Blackstone Tek
14.3.6 Rotobox
14.3.7 HRE Wheels
14.3.8 WEDS
14.3.9 STREN
