Global Automotive Steel Wheels Market

Market Overview

The Global Automotive Steel Wheels Market  Size is Anticipated to Exceed USD 23.17 Billion By 2033, Growing at a CAGR of 3.7% from 2023 to 2033. Stricter pollution regulations, shifting driving habits, and the growing desire for lightweight, fuel-efficient cars have all had an impact on the development of automotive steel wheels.  Wheel weight may now be decreased without sacrificing durability thanks to the use of lightweight materials like high-strength steel.

Major vendors in the Global Automotive Steel Wheels Market

IochpeMaxion S.A., Borbet GmbH, American Axle Manufacturing, Inc., W. Speaker Corporation, ThyssenKrupp AG, Superior Industries International, Inc., Titan International, Inc., Visteon Corporation, Wanfeng Auto Wheel Holding Group Co., Ltd., Hayes Lemmerz International, Inc., Zhongshan Torch HighTech Industrial Development Zone, and Alcoa Corporation, and others. 

Market Segment 

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Global Automotive Steel Wheels Market based on the below-mentioned segments:

Global Automotive Steel Wheels Market, By Vehicle Type 

• Passenger Cars
• Commercial Vehicles
• Light Commercial Vehicles
• Heavy Duty Vehicles

Global Automotive Steel Wheels Market, By Wheel Size

• 13-15 Inches
• 16-18 Inches
• 19 Inches
• Above

 Global Automotive Steel Wheels Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa