Magnesium Wheel - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Magnesium Wheel market is accounted for $23.17 billion in 2017 and is expected to reach $34.73 billion by 2026 growing at a CAGR of 4.6%. The factors that are influencing the market are magnesium’s quality is better than other materials like steel and aluminum. Magnesium wheels provide high damping capacity, which smoothens the ride. The factors which are hampering the Magnesium Wheel market is its high cost.
Magnesium wheels are wheels manufactured from alloys which contain mostly magnesium. They are produced either by casting. Magnesium has several key properties that make it an attractive base metal for wheels: lightness; a high damping capacity; and high specific strength. Magnesium is the lightest metallic structural material available. It is 1.5 times less dense than aluminum so magnesium wheels can be designed to be significantly lighter than aluminum alloy wheels while exhibiting comparable strength.
Based on End User, the OEM segment offers magnesium wheels as a standard or add-on option. Although, different types of magnesium wheels are available in the aftermarket, owing to their high cost, very few vehicle owners prefer them. OEMs including optimization, testing, quality control for ensuring the product compatibility with vehicles is fostering the product demand.
By Geography, Asia Pacific will experience compelling growth in the magnesium wheel market size owing to the generating premium cars demand. The existence of numerous premium car manufacturers in Japan and China are further rising the market size.
Some of the key players in the Magnesium Wheel market include BBS USA, Cromodora Wheels SPA, Enkei Corporation, Marvic Wheels SRL, Minilite, MKW Alloy, PVM Brakes & Wheels, Mannheim, Ronal Group, SMW Engineering Ltd., Tan-ei-sya Co., Ltd., Washi Beam, Marchesini, OZ S.p.A.
Process Covered:
• Forged
• Cast
Distribution Pattern Covered:
• Dealerships
• Distributors
• E-Commerce
Vehicle Type Covered:
• Two Wheelers
• Three Wheelers
• Sports Utility Vehicle
End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
• What our report offers:
o - Market share assessments for the regional and country level segments
o - Strategic recommendations for the new entrants
o - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
o - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
o - Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
o - Strategic recommendations in key business segments based on the market estimations
o - Competitive landscaping mapping the key common trends
o - Company profiling with detailed strategies, financials, and recent developments
o - Supply chain trends mapping the latest technological advancements
• Free Customization Offerings:
o All the customers of this report will be entitled to receive one of the following free customization options:
o Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
o Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
o Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Magnesium Wheel Market, By Process
5.1 Introduction
5.2 Forged
5.3 Cast
6 Global Magnesium Wheel Market, By Distribution Pattern
6.1 Introduction
6.2 E-Commerce
6.3 Distributors
6.4 Dealerships
7 Global Magnesium Wheel Market, By Vehicle Type
7.1 Introduction
7.2 Two Wheelers
7.3 Three Wheelers
7.4 Sports Utility Vehicle
8 Global Magnesium Wheel Market, By End Users
8.1 Original Equipment Manufacturer (OEM)
8.2 Aftermarket
9 Global Magnesium Wheel Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 BBS USA
11.2 Cromodora Wheels SPA
11.3 Enkei Corporation
11.4 Marvic Wheels SRL
11.5 Minilite
11.6 MKW Alloy
11.7 PVM Brakes & Wheels Mannheim
11.8 Ronal Group
11.9 SMW Engineering Ltd.
11.10 Tan-ei-sya Co., Ltd.
11.11 Washi Beam
11.12 Marchesini
11.13 OZ S.p.A.
List of Tables
1 Global Magnesium Wheel Market Outlook, By Region (2016-2026) ($MN)
2 Global Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
3 Global Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
4 Global Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
5 Global Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
6 Global Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
7 Global Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
8 Global Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
9 Global Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
10 Global Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
11 Global Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
12 Global Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
13 Global Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
14 Global Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
15 Global Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
16 North America Magnesium Wheel Market Outlook, By Country (2016-2026) ($MN)
17 North America Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
18 North America Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
19 North America Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
20 North America Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
21 North America Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
22 North America Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
23 North America Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
24 North America Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
25 North America Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
26 North America Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
27 North America Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
28 North America Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
29 North America Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
30 North America Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
31 Europe Magnesium Wheel Market Outlook, By Country (2016-2026) ($MN)
32 Europe Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
33 Europe Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
34 Europe Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
35 Europe Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
36 Europe Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
37 Europe Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
38 Europe Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
39 Europe Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
40 Europe Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
41 Europe Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
42 Europe Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
43 Europe Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
44 Europe Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
45 Europe Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
46 Asia Pacific Magnesium Wheel Market Outlook, By Country (2016-2026) ($MN)
47 Asia Pacific Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
48 Asia Pacific Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
49 Asia Pacific Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
50 Asia Pacific Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
51 Asia Pacific Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
52 Asia Pacific Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
53 Asia Pacific Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
54 Asia Pacific Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
55 Asia Pacific Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
56 Asia Pacific Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
57 Asia Pacific Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
58 Asia Pacific Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
59 Asia Pacific Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
60 Asia Pacific Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
61 South America Magnesium Wheel Market Outlook, By Country (2016-2026) ($MN)
62 South America Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
63 South America Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
64 South America Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
65 South America Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
66 South America Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
67 South America Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
68 South America Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
69 South America Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
70 South America Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
71 South America Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
72 South America Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
73 South America Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
74 South America Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
75 South America Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
76 Middle East & Africa Magnesium Wheel Market Outlook, By Country (2016-2026) ($MN)
77 Middle East & Africa Magnesium Wheel Market Outlook, By Process (2016-2026) ($MN)
78 Middle East & Africa Magnesium Wheel Market Outlook, By Forged (2016-2026) ($MN)
79 Middle East & Africa Magnesium Wheel Market Outlook, By Cast (2016-2026) ($MN)
80 Middle East & Africa Magnesium Wheel Market Outlook, By Distribution Patter (2016-2026) ($MN)
81 Middle East & Africa Magnesium Wheel Market Outlook, By E-Commerce (2016-2026) ($MN)
82 Middle East & Africa Magnesium Wheel Market Outlook, By Distributors (2016-2026) ($MN)
83 Middle East & Africa Magnesium Wheel Market Outlook, By Dealerships (2016-2026) ($MN)
84 Middle East & Africa Magnesium Wheel Market Outlook, By Vehicle Type (2016-2026) ($MN)
85 Middle East & Africa Magnesium Wheel Market Outlook, By Two Wheelers (2016-2026) ($MN)
86 Middle East & Africa Magnesium Wheel Market Outlook, By Three Wheelers (2016-2026) ($MN)
87 Middle East & Africa Magnesium Wheel Market Outlook, By Sports Utility Vehicle (2016-2026) ($MN)
88 Middle East & Africa Magnesium Wheel Market Outlook, By End Users (2016-2026) ($MN)
89 Middle East & Africa Magnesium Wheel Market Outlook, By Original Equipment Manufacturer (OEM) (2016-2026) ($MN)
90 Middle East & Africa Magnesium Wheel Market Outlook, By Aftermarket (2016-2026) ($MN)
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