Aluminum Alloy Metal in for a Bright Future in the Global Automotive Metal Wheel
Posted by Arslan on February 18th, 2019
A comprehensive study by Fact.MR on the global market for automotive metal wheels offers critical insights on the aforesaid market, assessed for a period of five years, 2017-2022. Fact.MR forecasts that the global metal wheel market would record a sluggish CAGR through 2022, lying in the high value-low growth quadrant during the said timeline. The global automotive metal wheel market is anticipated to stand at a valuation of approximately US$ 92 Billion by the end of the forecast period. Fact.MR opines that increasing demand for light weight wheels for better fuel economy and vehicular performance is a major factor restraining the widespread adoption of automotive metal wheel, globally. Moreover, since metal wheels are more exposed to rust and corrosion, automotive wheel manufacturers prefer using alloy.
Segmentation Analysis – Global Automotive Metal Wheel Market
The report categorizes the global automotive metal wheel market into various segments, further elaborating on the comparison of YoY growth, revenue, and market share on the basis of four key segments of the automotive metal wheel market, including:
Ongoing Design Innovations to Reinvent the Automotive Metal Wheel Landscape
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.
Browse Full report with TOC:
The in-depth view of the global automotive metal wheel market and includes the following sub-sections:
An extensive coverage of the market dynamics in this section, would allow the stakeholders
to recognize the market opportunities and make informed decisions
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.Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members
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