Report overview
Alloy wheels are made from the alloys of magnesium or aluminum. They are lightweight, provide a better appearance, and possess the same strength as that of steel wheels.
This report contains market size and forecasts of Magnesium Alloy Wheels in global, including the following market information:
Global Magnesium Alloy Wheels Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Magnesium Alloy Wheels Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Magnesium Alloy Wheels companies in 2021 (%)
The global Magnesium Alloy Wheels market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cast Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Magnesium Alloy Wheels include Marvic Wheels, BBI Autosport, Marchesini, Vision Ability Dedication, OZ Motorbike, APP Tech, SMW Engineering and Tan-Ei-Sya, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Magnesium Alloy Wheels manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Alloy Wheels Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Magnesium Alloy Wheels Market Segment Percentages, by Type, 2021 (%)
Cast
Forged
Global Magnesium Alloy Wheels Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Magnesium Alloy Wheels Market Segment Percentages, by Application, 2021 (%)
Racing Cars
Racing Motorcycles
Bikes
Global Magnesium Alloy Wheels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Magnesium Alloy Wheels Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Alloy Wheels revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Magnesium Alloy Wheels revenues share in global market, 2021 (%)
Key companies Magnesium Alloy Wheels sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Magnesium Alloy Wheels sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Marvic Wheels
BBI Autosport
Marchesini
Vision Ability Dedication
OZ Motorbike
APP Tech
SMW Engineering
Tan-Ei-Sya
