Acumen Research

Magnesium Wheel Market Size to Hit $ 29 Billion by 2026 | CAGR: 3.0%

The "Magnesium Wheel Market (By Manufacturing: Cast, Forged; By End Use: Aftermath, OEM; By Vehicle; Bike, Sports/Premium Cars) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026" report has been added to Acumen Research and Consulting's offers. <br>

<p>The Global Magnesium Wheel Market is expected to grow at noteworthy CAGR around 3 % throughout the forecast period and reach around US$ 29 billion by 2026.</p> <p>The growing demand for magnesium wheels is driving the market share of magnesium wheels over the predicted time frame, owing to their advantages, which include lower weight, improved performance, better damping factor and better heat dissipation. A higher preference for the production of light-weight vehicles and support for fuel efficiency and reduced carbon emissions regulations encourage market expansion.</p> <p><strong>Free Download Sample Report Pages for Better Understanding@ <a href="https://www.acumenresearchandconsulting.com/request-sample/1342">https://www.acumenresearchandconsulting.com/request-sample/1342</a></strong></p> <p>Increasing consumer propensity to promote the growth of global magnesium wheel markets in sports & premium cars. Forged wheels produce speeds, decreases braking distances and increases the overall performance of the vehicle. The forged wheels also contain a complex grain structure that significantly improves wheel strength. These wheels also help to improve the overall power to weight ratio for vehicles and thus increase market share.</p> <p>The magnesium wheel market is increasing in size, shifting trends to lower-weight vehicles and increasing security concerns. Due to increasing disposable income the industry is encouraged to replace traditional steel wheels with efficient and durable magnesium wheels by an inclination towards a premium, and comfortable driving experience. Furthermore, the premium design and design of these rollers significantly improves vehicle aesthetics and thus increases the share of the business.</p> <p><strong>Driving Factors</strong></p> <p>The size of the magnesium wheel market is influenced positively by the increase in R & D investment and technological innovations. Due to weight reduction and improved acceleration, these wheels become more acceptable for sports cars and premium bikes. The Magnesium wheels are 33% lighter than traditional aluminum and 75% lighter than steel, for example, according to the International Magnesium Association. In addition, these wheels are ideal to travel across diverse road conditions due to their superior damping capability and low vibration.</p> <p><strong>View Detail Information with Complete TOC@ <a href="https://www.acumenresearchandconsulting.com/magnesium-wheel-market" target="_blank">https://www.acumenresearchandconsulting.com/magnesium-wheel-market</a></strong></p> <p>Several federal organizations, including Canada’s Lightweight Materials Research Initiative, support R&D in magnesium technology development. The Climate Change Innovation Initiative and the Energy Research and Development Fund Program support this initiative. These funds are earmarked for research on magnesium products and development of automotive components. Researchers in Canada also cooperate with the United States. Energy Department and play a key role in projects including the Magnesium Development Project for Structural Cast.</p> <p>The magnesium wheel market will be expanded by stringent government regulation to promote lightweight automotive components. The vehicle’s gross weight should be no more than 10,500 pounds under the Regulation of the California Vehicle Code. Automobile manufacturers continue to focus on lightweight, reliable and durable wheels to replace the traditional spare wheels, thereby helping to save vehicle weight.</p> <p><strong>Segment Stance</strong></p> <p>Due to the increasing inclination of manufacturers to reduce vehicle weight, the OEM will significantly increase on the market in the magnesium wheel. In addition, the magnesium wheels offer greater rigidity and heat dissipation, which makes them ideal for use in sports and premium automobiles. In addition, these wheels deliver significant improvements in performance and significantly improve vehicle efficiency. Increased impact resistance and weight reduction are provided by lower-weight wheels which support magnesium wheels market development over the planned time period.</p> <p><strong>Explore Our Market Blog@ <a href="https://www.acumenresearchandconsulting.com/blogs">https://www.acumenresearchandconsulting.com/blogs</a></strong></p> <p><strong>Regional Snapshots</strong></p> <p>The market size of the magnesium wheel in Asia Pacific will grow substantially as demand for premium vehicles proliferates. Many premium car manufacturers in China and Japan are also increasing their market size. Several auto manufacturers such as Porsche, Volkswagen and BMW are involved in new magnesium wheels car launches. For example, Porsche launched its magnesium wheels GT2 RS in India in 2018.</p> <p><strong>Key Players & Strategies</strong></p> <p>Due to the presence of key players such as BBS, Enkei Corporation, the Ronal Group, SMW Engineering, Marvić Wheels and Marchesini, the magnesium wheel market share is particularly competitive. MKW Alloy, OZ, Cromodora Wheels, Tan-ei-sya, Minilite, and Washi Beam are other leading manufacturers. Increased product design, configuration, and post-sales services are key to industry players ‘ areas. Expansion & innovation of the portfolio of products are amongst the major strategies taken to improve their market share by industry players. Fusions and acquisitions are just a few of the major market share strategy adopted by industry participants. In 2017, for example, Ronal Group announced that APP-Tech Srl will acquire a wider range of forced magnesium wheels in order to complement its product portfolio.</p> <p><strong>Browse All official Market Research Reports Press Releases@ <a href="https://www.acumenresearchandconsulting.com/press-releases" target="_blank">https://www.acumenresearchandconsulting.com/press-releases</a></strong></p> <p><strong>TABLE OF CONTENT</strong></p> <p><strong>CHAPTER 1. INDUSTRY OVERVIEW</strong></p> <p>1.1. Definition and Scope<br />1.1.1. Definition of Magnesium Wheel<br />1.1.2. Market Segmentation<br />1.1.3. List of Abbreviations<br />1.2. Summary<br />1.2.1. Market Snapshot<br />1.2.2. Magnesium Wheel Market By Manufacturing<br />1.2.2.1. Global Magnesium Wheel Market Revenue and Growth Rate Comparison By Manufacturing (2015-2026)<br />1.2.2.2. Global Magnesium Wheel Market Revenue Share By Manufacturing in 2017<br />1.2.2.3. Cast<br />1.2.2.4. Forged<br />1.2.3. Magnesium Wheel Market By End Use<br />1.2.3.1. Global Magnesium Wheel Market Revenue and Growth Rate Comparison By End Use (2015-2026)<br />1.2.3.2. Global Magnesium Wheel Market Revenue Share By End Use in 2017<br />1.2.3.3. Aftermath<br />1.2.3.4. OEM<br />1.2.4. Magnesium Wheel Market By Vehicle<br />1.2.4.1. Global Magnesium Wheel Market Revenue and Growth Rate Comparison By Vehicle (2015-2026)<br />1.2.4.2. Global Magnesium Wheel Market Revenue Share By Vehicle in 2017<br />1.2.4.3. Bike<br />1.2.4.4. Sports/Premium Cars<br />1.2.5. Magnesium Wheel Market by Geography<br />1.2.5.1. Global Magnesium Wheel Market Revenue and Growth Rate Comparison by Geography (2015-2026)<br />1.2.5.2. North America Magnesium Wheel Market Revenue and Growth Rate (2015-2026)<br />1.2.5.3. Europe Magnesium Wheel Market Revenue and Growth Rate (2015-2026)<br />1.2.5.4. Asia-Pacific Magnesium Wheel Market Revenue and Growth Rate (2015-2026)<br />1.2.5.5. Latin America Magnesium Wheel Market Revenue and Growth Rate (2015-2026)<br />1.2.5.6. Middle East and Africa (MEA) Magnesium Wheel Market Revenue and Growth Rate (2015-2026)</p> <p><strong>CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS</strong></p> <p>2.1. Market Drivers<br />2.2. Restraints and Challenges<br />2.3. Growth Opportunities<br />2.4. Porter’s Five Forces Analysis<br />2.4.1. Bargaining Power of Suppliers<br />2.4.2. Bargaining Power of Buyers<br />2.4.3. Threat of Substitute<br />2.4.4. Threat of New Entrants<br />2.4.5. Degree of Competition<br />2.5. Value Chain Analysis<br />2.6. Cost Structure Analysis<br />2.6.1. Raw Material and Suppliers<br />2.6.2. Manufacturing Process Analysis<br />2.7. Regulatory Compliance<br />2.8. Competitive Landscape, 2017<br />2.8.1. Player Positioning Analysis<br />2.8.2. Key Strategies Adopted By Leading Players</p> <p><strong>CHAPTER 3. MANUFACTURING PLANTS ANALYSIS</strong></p> <p>3.1. Capacity and Commercial Production Date of Global Magnesium Wheel Major Manufacturers in 2017<br />3.2. Manufacturing Plants Distribution of Global Magnesium Wheel Major Manufacturers in 2017<br />3.3. R&D Status and Technology Source of Global Magnesium Wheel Major Manufacturers in 2017<br />3.4. Raw Materials Sources Analysis of Global Magnesium Wheel Major Manufacturers in 2017</p> <p><strong>CHAPTER 4. MAGNESIUM WHEEL MARKET BY MANUFACTURING</strong></p> <p>4.1. Global Magnesium Wheel Revenue By Manufacturing<br />4.2. Cast<br />4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)<br />4.3. Forged<br />4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 5. MAGNESIUM WHEEL MARKET BY END USE</strong></p> <p>5.1. Global Magnesium Wheel Revenue By End Use<br />5.2. Aftermath<br />5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)<br />5.3. OEM<br />5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 6. MAGNESIUM WHEEL MARKET BY VEHICLE</strong></p> <p>6.1. Global Magnesium Wheel Revenue By Vehicle<br />6.2. Bike<br />6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)<br />6.3. Sports/Premium Cars<br />6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 7. NORTH AMERICA MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>7.1. North America Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />7.2. North America Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />7.3. U.S.<br />7.3.1. U.S. Magnesium Wheel Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />7.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />7.4. Canada<br />7.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />7.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />7.5. Mexico<br />7.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />7.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 8. EUROPE MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>8.1. Europe Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />8.2. Europe Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />8.3. UK<br />8.3.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />8.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />8.4. Germany<br />8.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />8.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />8.5. France<br />8.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />8.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />8.6. Spain<br />8.6.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />8.6.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />8.7. Rest of Europe<br />8.7.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />8.7.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 9. ASIA-PACIFIC MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>9.1. Asia-Pacific Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />9.2. Asia-Pacific Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />9.3. China<br />9.3.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />9.4. Japan<br />9.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />9.5. India<br />9.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />9.6. Australia<br />9.6.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.6.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />9.7. South Korea<br />9.7.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.7.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />9.8. Rest of Asia-Pacific<br />9.8.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />9.8.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 10. LATIN AMERICA MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>10.1. Latin America Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />10.2. Latin America Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />10.3. Brazil<br />10.3.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />10.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />10.4. Argentina<br />10.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />10.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />10.5. Rest of Latin America<br />10.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />10.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 11. MIDDLE EAST MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>11.1. Middle East Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />11.2. Middle East Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />11.3. Saudi Arabia<br />11.3.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />11.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />11.4. UAE<br />11.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />11.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />11.5. Rest of Middle East<br />11.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />11.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 12. AFRICA MAGNESIUM WHEEL MARKET BY COUNTRY</strong></p> <p>12.1. Africa Magnesium Wheel Market Revenue and Growth Rate, 2015 – 2026 ($Million)<br />12.2. Africa Magnesium Wheel Market Revenue Share Comparison, 2015 & 2026 (%)<br />12.3. South Africa<br />12.3.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />12.3.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />12.4. Egypt<br />12.4.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />12.4.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)<br />12.5. Rest of Africa<br />12.5.1. Market Revenue and Forecast By Manufacturing, 2015 – 2026 ($Million)<br />12.5.2. Market Revenue and Forecast By End-user, 2015 – 2026 ($Million)</p> <p><strong>CHAPTER 13. COMPANY PROFILE</strong></p> <p>13.1. BBS<br />13.1.1. Company Snapshot<br />13.1.2. Overview<br />13.1.3. Financial Overview<br />13.1.4. Product Portfolio<br />13.1.5. Key Developments<br />13.1.6. Strategies<br />13.2. Enkei Corporation<br />13.2.1. Company Snapshot<br />13.2.2. Overview<br />13.2.3. Financial Overview<br />13.2.4. Product Portfolio<br />13.2.5. Key Developments<br />13.2.6. Strategies<br />13.3. Ronal Group<br />13.3.1. Company Snapshot<br />13.3.2. Overview<br />13.3.3. Financial Overview<br />13.3.4. Product Portfolio<br />13.3.5. Key Developments<br />13.3.6. Strategies<br />13.4. SMW Engineering<br />13.4.1. Company Snapshot<br />13.4.2. Overview<br />13.4.3. Financial Overview<br />13.4.4. Product Portfolio<br />13.4.5. Key Developments<br />13.4.6. Strategies<br />13.5. Marvic Wheels SRL<br />13.5.1. Company Snapshot<br />13.5.2. Overview<br />13.5.3. Financial Overview<br />13.5.4. Product Portfolio<br />13.5.5. Key Developments<br />13.5.6. Strategies<br />13.6. Marchesini<br />13.6.1. Company Snapshot<br />13.6.2. Overview<br />13.6.3. Financial Overview<br />13.6.4. Product Portfolio<br />13.6.5. Key Developments<br />13.6.6. Strategies<br />13.7. MKW Alloy<br />13.7.1. Company Snapshot<br />13.7.2. Overview<br />13.7.3. Financial Overview<br />13.7.4. Product Portfolio<br />13.7.5. Key Developments<br />13.7.6. Strategies<br />13.8. OZ<br />13.8.1. Company Snapshot<br />13.8.2. Overview<br />13.8.3. Financial Overview<br />13.8.4. Product Portfolio<br />13.8.5. Key Developments<br />13.8.6. Strategies<br />13.9. Cromodora Wheels<br />13.9.1. Company Snapshot<br />13.9.2. Overview<br />13.9.3. Financial Overview<br />13.9.4. Product Portfolio<br />13.9.5. Key Developments<br />13.9.6. Strategies<br />13.10. Tan-ei-sya<br />13.10.1. Company Snapshot<br />13.10.2. Overview<br />13.10.3. Financial Overview<br />13.10.4. Product Portfolio<br />13.10.5. Key Developments<br />13.10.6. Strategies<br />13.11. Minilite<br />13.11.1. Company Snapshot<br />13.11.2. Overview<br />13.11.3. Financial Overview<br />13.11.4. Product Portfolio<br />13.11.5. Key Developments<br />13.11.6. Strategies<br />13.12. Washi Beam<br />13.12.1. Company Snapshot<br />13.12.2. Overview<br />13.12.3. Financial Overview<br />13.12.4. Product Portfolio<br />13.12.5. Key Developments<br />13.12.6. Strategies<br />13.13. Others<br />13.13.1. Company Snapshot<br />13.13.2. Overview<br />13.13.3. Financial Overview<br />13.13.4. Product Portfolio<br />13.13.5. Key Developments<br />13.13.6. Strategies</p> <p><strong>CHAPTER 14. RESEARCH APPROACH</strong></p> <p>14.1. Research Methodology<br />14.1.1. Initial Data Search<br />14.1.2. Secondary Research<br />14.1.3. Primary Research<br />14.2. Assumptions and Scope</p> <p><strong>Buy this Premium Research Report@ <a href="https://www.acumenresearchandconsulting.com/buy-now/0/1342" target="_blank">https://www.acumenresearchandconsulting.com/buy-now/0/1342</a></strong></p> <p><strong>The report is readily available and can be dispatched immediately after payment confirmation.</strong></p> <p><strong>Would like to place an order or any question, please feel free to contact at <a href="mailto:sales@acumenresearchandconsulting.com">sales@acumenresearchandconsulting.com</a> | +1 407 915 4157</strong></p>

Acumen Research

17890, Castleton St #218, Rowland Heights, CA 91748 United States,
Washington, DC 17890,
United States

Newsletter

Powered by PRNEWS.io