The global automotive wheels aftermarket is projected to grow at a CAGR of 3.53% during the forecast period to reach USD 4.5 billion by 2025 from an estimated USD 3.5 billion in 2018. The automobile industry has witnessed a continuous increase in the average weight of the vehicle owing to the rising demand for safety and comfort features.
The global Alloy Wheels Aftermarket Market is highly fragmented due to the presence of a various large number of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2019-2025 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
Wheel is defined as a circular object which enables a vehicle or any other object to move easily. They revolve in an axle and the material used in the wheel is hard and durable. Good wheel provide stability and traction to the vehicle.
Global Automotive Wheels Aftermarket Market is expected to rise from its initial estimated value of USD 3.47 billion in 2018 to an estimated value of USD 4.65 billion by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. Increasing demand for lightweight material is the major factor for the growth of this market.
Global Automotive Wheels Aftermarket Market is expected to rise from its initial estimated value of USD 3.47 billion in 2018 to an estimated value of USD 4.65 billion by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. Increasing demand for lightweight material is the major factor for the growth of this market.
Complete Report on Alloy Wheels Aftermarket available at http://www.sandlerresearch.org/global-alloy-wheels-aftermarket-2016-2020.html This report covers the present scenario and the growth prospects of the global alloy wheels aftermarket for 2016-2020. To calculate the market size, the report considers the bottom-up approach where the number of vehicles not having OEM fitted alloy wheels. This analyst forecast the global alloy wheels aftermarket to grow at a CAGR of 2.93% during the period 2016-2020.
If you love your car, you would need to make some efforts to keep it in good shape. Due to regular driving, the car suffers wear and tear. If you are thinking of buying Wheels and Tires Canada, you must get in touch with Canada Wheels, one of the largest wheels and tires sellers in Canada.
With best wheels for sale offered by very highly reputed and recognized providers, the cost of the purchase and replacement can get down by as much as half if not lower. Approaching these sales from different corners of the world can be very easy because of the infallible online availability of the same. For more details visit us at www.canadawheels.ca .
Fuel Wheels, a renowned name in the automotive aftermarket industry, stands out for its innovative designs, advanced engineering, and unparalleled performance. With a commitment to delivering both aesthetics and functionality, Fuel Wheels offers a diverse range of sizes and styles catering to off-roaders, daily drivers, and everyone in between.
Automotive Aftermarket Market, by Replacement Part (Tire, Battery, Brake Parts, Filters, Body parts, Lighting & Electronic Components, Wheels, Exhaust components, Turbochargers, Others), By Distribution Channel (Retailers, Wholesalers & Distributors), By Service Channel (DIY, DIFM, OE), By Certification (Genuine Parts, Certified Parts, Uncertified Parts), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global market for Automotive Aftermarket Industry was valued at USD 406.32 billion in 2021 and is expected to reach USD 551.92 billion in 2030 expanding at a compound annual growth rate (CAGR) of 3.38 % from 2022 to 2030 For more info - https://straitsresearch.com/report/automotive-after-market
The Land Rover Defender is an iconic vehicle, known for its rugged durability, off-road capabilities, and timeless design. As a beloved choice among enthusiasts, it has garnered a loyal following over the years. However, to truly make the most out of your Defender, incorporating aftermarket parts can significantly enhance its performance, comfort, and style.
Explore a diverse range of signature designs that cater to various tastes and vehicle types. KMC Wheels are crafted with precision and quality, using advanced materials to ensure lightweight construction without compromising on durability.