Manufactures are redefining their Additive Manufacturing (AM) strategy, combined with intelligent lightweight design, to make 3D printing of metals more resource-efficient. With more and more research and development in the field of additive manufacturing, key players are manufacturing lightweight aluminum components using additive technologies-resulting in a significant reduction in resources and materials used in manufacturing per component compared to traditional industrial methods. Newer designs of components with complex shapes along with weight optimization are the some key factors resulting in a paradigm shift towards AM in automotive metal wheels manufacturing.
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Manufacturers of automotive metal wheels have been experimenting with Titanium alloy-especially in electric vehicles, by replacing aluminum wheel centers with titanium alloys for light weight wheels. Additionally, manufacturers are also using carbon fiber band instead of aluminum for a significant reduction in weight and rotational inertia in automotive metal wheels. Moreover, Fact.MR also predicts growing demand for carbon fiber reinforced polymer (CFRP) for wheel rims to deliver critical thermal and mechanical performance, resulting in reduced energy consumption. The ongoing lightweighting trend in the automotive metal wheel market is pushing OEMs and manufacturers to strengthen their R&D along material innovations.
Superior thermal conductivity compared to Steel, more structural strength, improved grip on difficult terrains, and better corrosion resistance are some key properties pushing the demand for Aluminum alloy wheels through 2022. Enhanced scope for multiple design innovations along with better fuel economy will result in widespread consumption of alloys wheels. However, heavy steel wheels are likely to witnessed increased adoption in cold regions considering better vehicular stability in extreme winter conditions. Additionally, steel is likely to remain the most metal in the automotive metal wheel market considering its affordability.
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To keep abreast with the requirements from OEMs and end-use consumers demanding lighter and performance-efficient wheels, manufacturers in the global automotive metal wheel market are investing in a broad range of product simulations during the wheel development phase. Product simulations including wheel stiffness for noise reduction, natural frequency analysis of wheels, and torque simulations are likely to improve the quality of metal wheels and reduce development time.
Fact.MR has comprehensively studies the global automotive metal wheel market for the assessment period of 2017-2022. The automotive metal wheel market is anticipated to record a rather sluggish CAGR in terms of revenue sales owing to the transformational shift towards light weight wheels. Covered in 14 elaborate chapters, the report offers an extensive segment-wise analysis of key regions, cross-sectional data, and forecast.
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The latest trending report Global Automotive Metal Wheel Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Automotive Metal Wheel market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 0.2% in the forecast period of 2020 to 2025 and will expected to reach USD 21840 million by 2025, from USD 21680 million in 2019.The Automotive Metal Wheel market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/26655-automotive-metal-wheel-market-analysis-reportThe major players covered in Automotive Metal Wheel are:Iochpe-MaxionAlcoaCMWCITIC DicastalAccurideBorbetWanfeng AutoTopySuperior IndustriesRonal WheelsALCARZhongnan Aluminum WheelsLizhong GroupYueling WheelsZhejiang JinfeiUniwheel GroupJingu GroupYHIEnkei WheelsDFWBy Type, Automotive Metal Wheel market has been segmented into:Steel WheelAluminium Alloy WheelOtherBy Application, Automotive Metal Wheel has been segmented into:Commercial VehiclesPassenger VehiclesThe report offers in-depth assessment of the growth and other aspects of the Automotive Metal Wheel market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Automotive Metal Wheel Market @ https://www.decisiondatabases.com/contact/download-sample-26655The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Automotive Metal Wheel product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Automotive Metal Wheel, with price, sales, revenue and global market share of Automotive Metal Wheel in 2018 and 2019.Chapter 3, the Automotive Metal Wheel competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Automotive Metal Wheel breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Automotive Metal Wheel market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Automotive Metal Wheel sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Automotive Metal Wheel Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-26655All Automotive Related Reports by DecisionDatabases.com @ https://goo.gl/uPLfSBAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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), by sales channel (Direct Channel, Distribution Channel), by player (Iochpe-Maxion, CITIC Dicastal, Borbet, CMW, Superior Industries, etc.)
This report provides detailed historical analysis of global market for Automotive Metal Wheel from 2015-2020, and provides extensive market forecasts from 2021-2030 by region/country and subsectors.
Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase.
In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market.
Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market.
The global Automotive Metal Wheel Market report offers a comprehensive assessment of the market for the forecast years.
This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.The key market players for the global Automotive Metal Wheel market are listed below:AlcoaCMWCITIC DicastalAccurideBorbetWanfeng AutoTopySuperior IndustriesRonal WheelsALCARZhongnan Aluminum WheelsLizhong GroupYueling WheelsZhejiang JinfeiUniwheel GroupJingu GroupYHIEnkei WheelsOthersClick here to get a FREE Sample Copy of the Automotive Metal Wheel Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-26655The Global Automotive Metal Wheel Market Report is equipped with market data from 2016 to 2026.
It also evaluates the competitive scenario of the leading players.
The report forecasts sales and revenue from 2021 to 2026.
The detailed sales channel is also covered in the study.COVID-19 Impact Analysis on Automotive Metal Wheel MarketThe global pandemic COVID-19 has affected the Automotive Metal Wheel market directly or indirectly.
The impact study on production, supply-demand, and sales provides a holistic approach to the future.Do You Have Any Query Or Report Customization?
