High Performance Wheels Global Market Trends, Industry Trends, Segments 2023 To 2032

Spread the love

The High Performance Wheels Global Market Report 2023, provides comprehensive information on the high performance wheels market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The High Performance Wheels Market’s Growth:

https://www.thebusinessresearchcompany.com/report/high-performance-wheels-global-market-report

As per The Business Research Company’s High Performance Wheels Global Market Report 2023, the global high-performance wheels market is expected to grow from $19.23 billion in 2022 to $20.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The high-performance wheels market is expected to reach $25.93 billion in 2027 at a CAGR of 5.9%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=12488&type=smp

Product innovation is the key trend gaining popularity in the high-performance wheels market. Major companies operating in the high-performance wheels market are focusing on increasing the metallurgical properties of their high-performance wheel’s offerings. For instance, in September 2022, Maxion Wheels, a Germany-based vehicle parts manufacturer, launched a new assortment of 22.5×11.75 steel wheels for trucks and trailers that are weight-optimized. The new innovative high-performance wheels save up to four kilograms of weight per wheel compared to prior wheel types. The weight of a typical tractor-trailer combination is lowered by up to 32 kg. The lightweight wheels provide fuel savings without sacrificing performance or service life. Various stress-optimized rim contours, the exclusive use of high-strength low-alloy steels, and a reworked wheel design allow for weight savings.

 

The high performance wheels market is segmented:

1) By Product Type: Aluminum, Steel, Magnesium, Carbon Fiber

2) By Coating: Painted, Polished, Chromed, Machined

3) By Manufacturing Process: Gravity Casting, Low-Pressure Casting, High-Pressure Die Casting

4) By Sales Channel: OEM (Original Equipment Manufacturer), Aftermarket

5) By Application: Passenger Cars, Lightweight Commercial Vehicles, Heavy Trucks, Buses And Coaches, Trailers, Motorcycles, Motorsports

Europe was the largest region in the high performance wheels market in 2022.

The table of contents in TBRC’s high performance wheels market report includes:

  1. Executive Summary
  2. High Performance Wheels Market Characteristics
  3. High Performance Wheels Market Trends And Strategies
  4. High Performance Wheels Market – Macro Economic Scenario
  5. Global High Performance Wheels Market Size and Growth

….……………………………………………………………………………………………………

  1. Global High Performance Wheels Market Competitive Benchmarking
  2. Global High Performance Wheels Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The High Performance Wheels Market
  4. High Performance Wheels Market Future Outlook and Potential Analysis
  5. Appendix

 

Learn About Us:

The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

 

Contact Us:
The Business Research Company
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

 

Email: [email protected]

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company 

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

 

 


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →