Market Overview:
The global sedan wheel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury cars and SUVs across the globe. Additionally, the rising disposable income of consumers in developing countries is also propelling the demand for sedan wheels. The casting segment is expected to hold a major share of the global sedan wheel market during the forecast period owing to its low manufacturing cost and high durability. However, forging segment is projected to grow at a higher CAGR due its superior properties such as strength and stiffness over casting segments. Asia Pacific region dominates the global sedan wheel market with highest share in terms of revenue followed by Europe and North America regions respectively.
Product Definition:
A sedan wheel is a type of wheel that is typically used on a car or other small vehicle. Sedan wheels are designed to provide good handling and control, as well as a comfortable ride. They are also typically lightweight, which makes them easier to transport and install.
Casting:
Casting is the process of making a mold or a pattern to make an object. It is used in various industries such as automotive, construction, and medical. In the automotive industry it is used for manufacturing engine blocks, cylinder heads, brake systems and many more parts which are then used by different car manufacturers across the globe. The growth factor in this market will drive on account of growing demand from emerging economies such as China & India coupled with increasing investments by major players in these countries.
Forging:
Forging is a process of manufacturing steel where the metal is heated and rolled at a very high temperature. The final product has different characteristics than the one obtained through normal heating and rolling.
The main objective of forging is to develop an extensive variety of shapes from billets to finished products, by controlling the processes during various stages such as heating, shaping, cooling & finishing.
Application Insights:
Gasoline-powered cars dominated the global market in 2017, accounting for over 60.0% of the overall revenue share. The segment is expected to witness a decline in demand over the forecast period owing to rising fuel prices and environmental concerns regarding carbon emissions. Electric vehicles are expected to gain traction as an alternative, with numerous countries around the world having announced plans for increasing their electric vehicle production capacity.
The forged wheels segment is projected register notable growth during the forecast period on account of its low cost structure and high durability properties compared to other types of wheels used onsedans currently available in the market place globally. Casting metal wheels have been gaining popularity as an economical alternative due to their low cost structure coupled with high performance characteristics offered by them at a lower weightage per unit volume than forged or machined steel counterparts do (see Table 1).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing sales of premium cars and rising disposable income. China, India, Japan, South Korea are some of the major markets that are anticipated to drive regional growth during the forecast period.
The European market was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to high demand for efficient vehicles from countries such as Germany and France along with other Eastern European countries that were once part of USSR Union. In addition, presence new car manufacturers such as BMW Group; Daimler AG; AUDI AG; Mercedes-Benz AMG GmbH & Co.; Volkswagen Group (Italy); Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers
- Technological advancements in the automotive industry
- Growing popularity of eco-friendly vehicles
- Proliferation of online sales channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Sedan Wheel Market Research Report
By Type
Casting, Forging, Other
By Application
Gasline, Disel, Electric
By Companies
CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, 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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Sedan Wheel Market Report Segments:
The global Sedan 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, Electric
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
- Wanfeng Auto
- Iochpe-Maxion
- Zhejiang Jinfei Holding Group
- Topy Group
- Zhongnan Aluminum Wheels
- Accuride
- Steel Strips Wheels
Highlights of The Sedan 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
- Electric
- 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 Sedan 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?
A sedan wheel is a type of wagon that was popular in the United States during the late 19th and early 20th centuries. These wagons were typically made from wood, had a flat bottom, and were pulled by horses or oxen.
Some of the key players operating in the sedan wheel market are CITIC Dicastal, Borbet, Ronal Wheels, Superior Industries, Enkei Wheels, Lizhong Group, Wanfeng Auto, Iochpe-Maxion, Zhejiang Jinfei Holding Group, Topy Group, Zhongnan Aluminum Wheels, Accuride, Steel Strips Wheels.
The sedan 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 Sedan 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 Sedan Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sedan 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 Sedan 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 Sedan Wheel Market Size & Forecast, 2018-2028
4.5.1 Sedan Wheel Market Size and Y-o-Y Growth
4.5.2 Sedan Wheel Market Absolute $ Opportunity
Chapter 5 Global Sedan 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 Sedan 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 Sedan 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 Sedan Wheel Market Size Forecast by Applications
6.2.1 Gasline
6.2.2 Disel
6.2.3 Electric
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sedan 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 Sedan 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 Sedan Wheel Analysis and Forecast
9.1 Introduction
9.2 North America Sedan 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 Sedan 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 Sedan Wheel Market Size Forecast by Applications
9.10.1 Gasline
9.10.2 Disel
9.10.3 Electric
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 Sedan Wheel Analysis and Forecast
10.1 Introduction
10.2 Europe Sedan 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 Sedan 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 Sedan Wheel Market Size Forecast by Applications
10.10.1 Gasline
10.10.2 Disel
10.10.3 Electric
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 Sedan Wheel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sedan 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 Sedan 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 Sedan Wheel Market Size Forecast by Applications
11.10.1 Gasline
11.10.2 Disel
11.10.3 Electric
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 Sedan Wheel Analysis and Forecast
12.1 Introduction
12.2 Latin America Sedan 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 Sedan 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 Sedan Wheel Market Size Forecast by Applications
12.10.1 Gasline
12.10.2 Disel
12.10.3 Electric
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) Sedan Wheel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sedan 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) Sedan 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) Sedan Wheel Market Size Forecast by Applications
13.10.1 Gasline
13.10.2 Disel
13.10.3 Electric
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 Sedan Wheel Market: Competitive Dashboard
14.2 Global Sedan 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 Wanfeng Auto
14.3.8 Iochpe-Maxion
14.3.9 Zhejiang Jinfei Holding Group
14.3.10 Topy Group
14.3.11 Zhongnan Aluminum Wheels
14.3.12 Accuride
14.3.13 Steel Strips Wheels
