Alloy wheels are made of an alloy of light metals, namely aluminum, nickel, magnesium, or a combination of these metals. They offer performance advantages over steel wheels, as they are often several pounds lighter per wheel-less weight means improved fuel mileage and increased payload. The trucking industry is largely driven by E-commerce businesses. American Trucking Associations (ATA) projects a 3.4% of Trucking Freight Volume Growth in the United States by the end of 2023. This growth will likely have a positive impact on the market for alloy wheels.
Some of the key players profiled in the study are:
Borbet GmbH (Germany),Enkei Wheels (India) Limited (India) ,Ronal GmbH (Germany),CM Wheels (Ireland),Arconic (United States),Tructyre Fleet Management Ltd (United Kingdom),Citic Dicastal Co., Ltd. (China),Maxion Wheels (Germany),Accuride Wheels (United States),U.S. Wheel Corp. (United States)
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Advance Market Analytics published a new research publication on “Global Truck Alloy Wheel Market Insights, to 2026” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Truck Alloy Wheel market was mainly driven by the increasing R&D spending across the world.
The titled segments and sub-section of the market are illuminated below:
by Type (Casting, Forging), Application (Light, Heavy Duty), Material (Aluminum, Magnesium, Others), Diameter (12 – 16 inch, 16.5 – 20 inch)
Market Trend:
- Focus On Light Weight Wheels
Market Drivers:
- Trucking Industry Is the Major Driver
Market Opportunities:
- Growth in Shipping Demand Leading to Growth in the Trucking Industry
- Impact of E-Commerce Business on Trucking Industry
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Truck Alloy Wheel Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Truck Alloy Wheel market
Chapter 2: Exclusive Summary – the basic information of the Truck Alloy Wheel Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Truck Alloy Wheel
Chapter 4: Presenting the Truck Alloy Wheel Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Truck Alloy Wheel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Truck Alloy Wheel Market is a valuable source of guidance for individuals and companies.
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