Market Overview:
The global motorcycle aluminum alloy wheels hub 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 motorcycles across the globe. Additionally, rising disposable income of consumers has led to an increase in demand for luxury motorcycles, which is further propelling the growth of the global motorcycle aluminum alloy wheels hub market. On the basis of type, casting wheels are expected to account for a major share of the global motorcycle aluminum alloy wheels hub market during 2018-2030. Casting Wheels are generally less expensive than forged or billet Wheels and offer good value for money as they are strong and durable. On account of these factors, casting Wheels are expected to witness high adoption rates among consumers across regions over the forecast period. By application, racing motorcycles are anticipated to hold a dominant position in terms of revenue contribution throughoutthe forecast period owingto their growing popularity among enthusiasts globally .
Product Definition:
A motorcycle aluminum alloy wheels hub is a component of the wheel that attaches to the axle and helps rotate it. It is typically made from aluminum or magnesium alloys for weight savings and strength.
Casting Wheels:
Casting wheels are used in hub motors to locate the center of rotation. The main reason for this is that hubs have a fixed position in the frame and it is not possible to move them further back or forward due to space constraints. Lately, many hub motor manufacturers are using plastic instead of metal as a material for locating the center of rotation, which results in less friction and better durability.
Forging Wheels:
Forging wheels are manufactured by heating the metal to a high temperature and then forcing it into a die or press. The metal is forced into the shape of desired wheel component. There are various types of forging wheels such as air, hydraulic, electric, pneumatic and hydraulic-pneumatic. Forging wheels find their application in manufacturing front and rear suspension components including swingarm pivot bearings, brake caliper mounting brackets as well as fork leg bearings among others.
Application Insights:
The home motorcycle application segment accounted for the largest share of over 50.0% in 2017. The use of aluminum alloy wheels hubs on home motorcycles provides a sporty and aggressive look, which is likely to propel their demand among consumers. Moreover, these products are lightweight compared to other types of components, which further boosts their popularity among consumers seeking performance without compromising with respect to weight ratio.
Racing motorcycles are expected to be the fastest-growing application segment over the forecast period owing to rising participation levels across major racing circuits such as MotoGP in Europe and AMA Superbike Championship in North America. Racing motorcyclists require lightweight forged or cast aluminum alloy wheels hubs that provide excellent durability along with high performance at a reduced weight as comparedto other types of components used by them for racing purposes such as tires & tubesets etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive destination for investment. In addition, increasing production levels and sales of two-wheelers are anticipated to drive demand for hub motors in countries such as India, China, Japan and South Korea.
The European market was valued at USD X million in 2017 owing to high demand from electric vehicle manufacturers such as Daimler AG; ZF Friedrichshafen AG; Robert Bosch GmbH & Co.; HEG Group S.p.A.; Siemens Mobility Division; BMW i3 Motorrad GmbH; Mercedes-Benz Uniteam LLC (MBUX); FCA Italy S.p.A.
Growth Factors:
- Increasing demand for motorcycles from developing countries
- Rising income levels of the middle-class population in developing countries
- Technological advancements in motorcycle manufacturing processes
- Growing popularity of adventure tourism and motorcycling as a leisure activity
- Stringent safety norms for motorcycle wheels by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Aluminum Alloy Wheels Hub Market Research Report
By Type
Casting Wheels, Forging Wheels, Other
By Application
Home Motorcycle, Racing Motorcycle
By Companies
BORBET, ENKEI, Ronal Wheels, CM Wheels, ALCOA WHEELS (Arconic), CITIC Dicastal, Maxion Wheels, UNIWHEELS Group, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd., Superior Industries, BORBET
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Aluminum Alloy Wheels Hub Market Report Segments:
The global Motorcycle Aluminum Alloy Wheels Hub market is segmented on the basis of:
Types
Casting Wheels, Forging Wheels, 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
Home Motorcycle, Racing Motorcycle
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:
- BORBET
- ENKEI
- Ronal Wheels
- CM Wheels
- ALCOA WHEELS (Arconic)
- CITIC Dicastal
- Maxion Wheels
- UNIWHEELS Group
- Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.
- Superior Industries
- BORBET
Highlights of The Motorcycle Aluminum Alloy Wheels Hub 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 Wheels
- Forging Wheels
- Other
- By Application:
- Home Motorcycle
- Racing Motorcycle
- 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 Motorcycle Aluminum Alloy Wheels Hub 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
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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?
Motorcycle aluminum alloy wheels hub is the part of motorcycle that attaches the wheel to the axle. It includes bearings, seals, and other components that allow the wheel to rotate.
Some of the major players in the motorcycle aluminum alloy wheels hub market are BORBET, ENKEI, Ronal Wheels, CM Wheels, ALCOA WHEELS (Arconic), CITIC Dicastal, Maxion Wheels, UNIWHEELS Group, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd., Superior Industries, BORBET.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size & Forecast, 2018-2028
4.5.1 Motorcycle Aluminum Alloy Wheels Hub Market Size and Y-o-Y Growth
4.5.2 Motorcycle Aluminum Alloy Wheels Hub Market Absolute $ Opportunity
Chapter 5 Global Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
5.2.1 Casting Wheels
5.2.2 Forging Wheels
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
6.2.1 Home Motorcycle
6.2.2 Racing Motorcycle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Analysis and Forecast
9.1 Introduction
9.2 North America Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
9.6.1 Casting Wheels
9.6.2 Forging Wheels
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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
9.10.1 Home Motorcycle
9.10.2 Racing Motorcycle
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 Motorcycle Aluminum Alloy Wheels Hub Analysis and Forecast
10.1 Introduction
10.2 Europe Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
10.6.1 Casting Wheels
10.6.2 Forging Wheels
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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
10.10.1 Home Motorcycle
10.10.2 Racing Motorcycle
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 Motorcycle Aluminum Alloy Wheels Hub Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
11.6.1 Casting Wheels
11.6.2 Forging Wheels
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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
11.10.1 Home Motorcycle
11.10.2 Racing Motorcycle
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 Motorcycle Aluminum Alloy Wheels Hub Analysis and Forecast
12.1 Introduction
12.2 Latin America Motorcycle Aluminum Alloy Wheels Hub 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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
12.6.1 Casting Wheels
12.6.2 Forging Wheels
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 Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
12.10.1 Home Motorcycle
12.10.2 Racing Motorcycle
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) Motorcycle Aluminum Alloy Wheels Hub Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motorcycle Aluminum Alloy Wheels Hub 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) Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Type
13.6.1 Casting Wheels
13.6.2 Forging Wheels
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) Motorcycle Aluminum Alloy Wheels Hub Market Size Forecast by Applications
13.10.1 Home Motorcycle
13.10.2 Racing Motorcycle
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 Motorcycle Aluminum Alloy Wheels Hub Market: Competitive Dashboard
14.2 Global Motorcycle Aluminum Alloy Wheels Hub Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BORBET
14.3.2 ENKEI
14.3.3 Ronal Wheels
14.3.4 CM Wheels
14.3.5 ALCOA WHEELS (Arconic)
14.3.6 CITIC Dicastal
14.3.7 Maxion Wheels
14.3.8 UNIWHEELS Group
14.3.9 Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd.
14.3.10 Superior Industries
14.3.11 BORBET
