Automotive Wheel Market Size, Share, and Trends 2024 to 2034

The global automotive wheel market size is calculated at USD 51.8 billion in 2025 and is forecasted to reach around USD 89.99 billion by 2034, accelerating at a CAGR of 6.34% from 2025 to 2034. The Asia Pacific automotive wheel market size surpassed USD 17.31 billion in 2025 and is expanding at a CAGR of 6.76% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1473
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automotive Wheel Market 

5.1. COVID-19 Landscape: Automotive Wheel Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automotive Wheel Market, By Material

8.1. Automotive Wheel Market, by Material Type,

8.1.1. Alloy

8.1.1.1. Market Revenue and Forecast

8.1.2. Steel

8.1.2.1. Market Revenue and Forecast

8.1.3. Aluminum

8.1.3.1. Market Revenue and Forecast

8.1.4. Carbon Fiber

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Automotive Wheel Market, By Vehicle

9.1. Automotive Wheel Market, by Vehicle,

9.1.1. Passenger Vehicle

9.1.1.1. Market Revenue and Forecast

9.1.2. Light Commercial Vehicle

9.1.2.1. Market Revenue and Forecast

9.1.3. Heavy Commercial Vehicle

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Automotive Wheel Market, By End User 

10.1. Automotive Wheel Market, by End User,

10.1.1. Original Equipment Manufacturer (OEM)

10.1.1.1. Market Revenue and Forecast

10.1.2. Aftermarket

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Automotive Wheel Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Material

11.1.2. Market Revenue and Forecast, by Vehicle

11.1.3. Market Revenue and Forecast, by End User

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Material

11.1.4.2. Market Revenue and Forecast, by Vehicle

11.1.4.3. Market Revenue and Forecast, by End User

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Material

11.1.5.2. Market Revenue and Forecast, by Vehicle

11.1.5.3. Market Revenue and Forecast, by End User

11.2. Europe

11.2.1. Market Revenue and Forecast, by Material

11.2.2. Market Revenue and Forecast, by Vehicle

11.2.3. Market Revenue and Forecast, by End User

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Material

11.2.4.2. Market Revenue and Forecast, by Vehicle

11.2.4.3. Market Revenue and Forecast, by End User

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Material

11.2.5.2. Market Revenue and Forecast, by Vehicle

11.2.5.3. Market Revenue and Forecast, by End User

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Material

11.2.6.2. Market Revenue and Forecast, by Vehicle

11.2.6.3. Market Revenue and Forecast, by End User

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Material

11.2.7.2. Market Revenue and Forecast, by Vehicle

11.2.7.3. Market Revenue and Forecast, by End User

11.3. APAC

11.3.1. Market Revenue and Forecast, by Material

11.3.2. Market Revenue and Forecast, by Vehicle

11.3.3. Market Revenue and Forecast, by End User

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Material

11.3.4.2. Market Revenue and Forecast, by Vehicle

11.3.4.3. Market Revenue and Forecast, by End User

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Material

11.3.5.2. Market Revenue and Forecast, by Vehicle

11.3.5.3. Market Revenue and Forecast, by End User

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Material

11.3.6.2. Market Revenue and Forecast, by Vehicle

11.3.6.3. Market Revenue and Forecast, by End User

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Material

11.3.7.2. Market Revenue and Forecast, by Vehicle

11.3.7.3. Market Revenue and Forecast, by End User

11.4. MEA

11.4.1. Market Revenue and Forecast, by Material

11.4.2. Market Revenue and Forecast, by Vehicle

11.4.3. Market Revenue and Forecast, by End User

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Material

11.4.4.2. Market Revenue and Forecast, by Vehicle

11.4.4.3. Market Revenue and Forecast, by End User

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Material

11.4.5.2. Market Revenue and Forecast, by Vehicle

11.4.5.3. Market Revenue and Forecast, by End User

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Material

11.4.6.2. Market Revenue and Forecast, by Vehicle

11.4.6.3. Market Revenue and Forecast, by End User

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Material

11.4.7.2. Market Revenue and Forecast, by Vehicle

11.4.7.3. Market Revenue and Forecast, by End User

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Material

11.5.2. Market Revenue and Forecast, by Vehicle

11.5.3. Market Revenue and Forecast, by End User

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Material

11.5.4.2. Market Revenue and Forecast, by Vehicle

11.5.4.3. Market Revenue and Forecast, by End User

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Material

11.5.5.2. Market Revenue and Forecast, by Vehicle

11.5.5.3. Market Revenue and Forecast, by End User

Chapter 12. Company Profiles

12.1. Euromax Wheel

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Prime Wheel Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Aluminum Wheel Co. Ltd

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Superior Industries International Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Foshan Nanhai Zhongnan

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Enkei Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Ronal Group

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. BBS GmbH

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Center Motor Wheel of America Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Topy Industries Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global automotive wheel market size was valued at USD 48.68 billion in 2024 and is predicted to reach USD 89.99 billion by 2034.

The global automotive wheel market is expanding growth at a CAGR of 6.34% from 2025 to 2034.

The rise in performance-based automobiles, such as luxury vehicles, is driving the demand for automotive wheel. The wheels also play an important role in vehicle performance analysis, which is expected to boost the automotive wheel market growth during the forecast period.

Some of the prominent players in the global automotive wheel market such as Euromax Wheel, Prime Wheel Corporation, Aluminum Wheel Co. Ltd, Superior Industries International Inc., Foshan Nanhai Zhongnan, Enkei Corporation, Ronal Group, BBS GmbH, Center Motor Wheel of America Inc., Topy Industries Ltd..

Asia-Pacific is the largest segment for automotive wheel market in terms of region. The high urbanization rates, combined with the rising consumer buying power in markets such as Japan, China, Thailand, India, and South Korea, are expected to boost the automotive wheel market growth in the Asia-Pacific region.

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