The penetration of steel wheels is higher in LCVs and M&HCVs compared with passenger cars, as there is an increasing preference for passenger cars equipped with alloy wheels.Based on application, the market is segmented into passenger cars, LCVs, and M&HCVs.The global automotive steel wheel market grows in direct proportion to the number of vehicles sold each year. The resurgence of the US economy, growing preference for M&HCVs for logistics, increasing sales of low-priced cars, and low penetration of passenger cars in APAC are the key factors driving this market.

PART 01: Executive summary 5

PART 02: Scope of the report 16

PART 03: Research Methodology 21

PART 04: Introduction 24

Key market highlights 24

PART 05: Market landscape 26

Market overview 26

Market size and forecast 26

Five forces analysis 27

PART 06: Market segmentation by product 28

Global automotive steel wheels market segmentation by

application 28

Global automotive steel wheels market in passenger cars

segment 31

Global automotive steel wheels market in LCVs

segment 34

Global automotive steel wheels market in M&HCVs

segment 37

PART 07: Geographical segmentation 40

Global automotive steel wheels market by geography 40

Automotive steel wheels market in Americas 41

Automotive steel wheels market in Europe 43

Automotive steel wheels market in APAC 45

PART 08: Key leading countries 48

PART 09: Market drivers 50

Low penetration of passenger cars in APAC 50

Increasing preference for M&HCVs for transporting

freight 51

Growth in promotion of budget cars by OEMs for

emerging countries 52

PART 10: Impact of drivers 53

PART 11: Market challenges 54

Growing concern toward increasing greenhouse gas

emissions from automotive industry 54

Stringent government regulations for owning cars in

China 55

Growing preference for alloy wheels in passenger cars 56

PART 12: Impact of drivers and challenges 57

PART 13: Market trends 58

Advances in technology by OEMs for manufacturing

steel wheels 58

Growing preference for lightweight steel wheels 59

Increasing demand of low-priced cars in APAC 59

PART 14: Vendor Landscape 60

Competitive scenario 60

Other prominent vendors 60

PART 15: Key vendor analysis 61

MAXION Wheels 61

Accuride Wheel End Solutions 62

Steel Strips Wheels 64

PART 16: Appendix 65

List of abbreviations 65

PART 17: Explore Technavio 66