Market Overview:
The global pickup truck aluminum alloy wheel market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pickup trucks across the globe. Additionally, the growing demand for lightweight and fuel-efficient vehicles is also expected to drive the growth of this market during the forecast period. The casting segment is expected to hold a major share of the global pickup truck aluminum alloy wheel market during the forecast period. This can be attributed to its low manufacturing cost and high durability as compared to other types of wheels available in this market.
Product Definition:
Pickup Truck Aluminum Alloy Wheel is a wheel that is made from aluminum alloys. It is typically used on pickup trucks, as they are designed to handle the heavier loads that they carry. The aluminum alloy helps to make the wheel stronger and more durable, which can be important when carrying heavy loads.
Casting:
Casting is the process of making a mold or pattern to create an original object. It is used in various industries such as automotive, construction equipment, and electronics among others. In the case of automotive industry it is used for manufacturing engine blocks, transmission cases and other related components. The main objective behind using casting technique in pickup truck aluminum alloy wheel market is to make a perfect copy of prototype by making molds from which wheels can be manufactured mass quantities at low cost with high efficiency.
Forging:
Forging is a manufacturing process used to produce steel-based products. It's basically done by heating the metal at a very high temperature and then shaping it according to the desired product. There are different types of forgers available in the market which include electric, mechanical, hydraulic and pneumatic forgers. The material which is going to be forged depends on properties such as strength, ductility toughness and malleability required by the product.
Application Insights:
Gasoline-powered pickup trucks accounted for the largest share of over 60.0% in 2017. The segment is expected to witness significant growth on account of increasing demand for light commercial vehicles in developing countries such as India, China and Brazil. Pickup trucks are widely used by companies for business purposes, which has resulted in increased product demand from the point-of-use vehicle market across various applications such as gasoline line engine, diesel engine and Disel engines among others.
The diesel application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising product penetration across the globe especially in Europe.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for light-weighted and fuel-efficient vehicles on account of rising concerns regarding carbon emissions and petroleum scarcity. In addition, growing popularity for off-roaders is anticipated to drive product demand over the coming years.
Asia Pacific pickup truck aluminum alloy wheel market is projected to grow at a significant rate during the forecast period due to rapid urbanization along with increasing disposable income levels among emerging economies such as China and India thereby fueling automotive sales growths across these nations. Furthermore, supportive government initiatives aimed at encouraging manufacturers from developing countries by offering low import duty rates are estimated further boost regional growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for pickup trucks from commercial and individual users
- Rising income levels of consumers in developing countries
- Technological advancements in the manufacturing of aluminum alloy wheels for pickup trucks
- Growing popularity of lightweight and fuel-efficient vehicles among consumers
- Stringent government regulations on emissions and fuel economy
Scope Of The Report
Report Attributes
Report Details
Report Title
Pickup Truck Aluminum Alloy 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, Zhongnan Aluminum Wheels, 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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Pickup Truck Aluminum Alloy Wheel Market Report Segments:
The global Pickup Truck Aluminum Alloy 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
- Zhongnan Aluminum Wheels
- Accuride
- Steel Strips Wheels
Highlights of The Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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
- 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?
Pickup truck aluminum alloy wheels are made from a lightweight, strong metal that is perfect for off-road use. They are also easy to maintain and look great on any pickup truck.
Some of the major companies in the pickup truck aluminum alloy 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, Zhongnan Aluminum Wheels, Accuride, Steel Strips Wheels.
The pickup truck aluminum alloy wheel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pickup Truck Aluminum Alloy 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 Aluminum Alloy Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Market Size & Forecast, 2018-2028
4.5.1 Pickup Truck Aluminum Alloy Wheel Market Size and Y-o-Y Growth
4.5.2 Pickup Truck Aluminum Alloy Wheel Market Absolute $ Opportunity
Chapter 5 Global Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Analysis and Forecast
9.1 Introduction
9.2 North America Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Analysis and Forecast
10.1 Introduction
10.2 Europe Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Analysis and Forecast
12.1 Introduction
12.2 Latin America Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pickup Truck Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy 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 Aluminum Alloy Wheel Market: Competitive Dashboard
14.2 Global Pickup Truck Aluminum Alloy 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 Zhongnan Aluminum Wheels
14.3.13 Accuride
14.3.14 Steel Strips Wheels
