Technology News & Trends

  Automotive Alloy Wheels Market: Introduction According to the report, the global  automotive alloy wheels market  is projected to reach  US$ 24.3 Bn  by  2027 , expanding at a CAGR of  ~6%  during the forecast period. The global automotive alloy wheels market is expected to record a growth of  ~6%  owing to an increased demand for aesthetics appeal in vehicles. Alloy wheels are slowly replacing steel wheels, as they offer better heat dissipation, performance, and are lightweight. The global automotive alloy wheels market is mature in developed countries and is at the nascent stage in developing countries. Economic growth witnessed in Asia Pacific, Latin America, and Middle East & Africa is projected to boost the demand for mobility among the population, which in turn is estimated to propel the global automotive alloy wheels market. Expansion of Automotive Alloy Wheels Market Cast and forged alloy wheels are preferred in SUVs over s...

Automotive Alloy Wheels Market: Introduction According to the report, the global  automotive alloy wheels market  is projected to reach  US$ 24.3 Bn  by  2027 , expanding at a CAGR of  ~6%  during the forecast period. The global automotive alloy wheels market is expected to record a growth of  ~6%  owing to an increased demand for aesthetics appeal in vehicles. Alloy wheels are slowly replacing steel wheels, as they offer better heat dissipation, performance, and are lightweight. The global automotive alloy wheels market is mature in developed countries and is at the nascent stage in developing countries. Economic growth witnessed in Asia Pacific, Latin America, and Middle East & Africa is projected to boost the demand for mobility among the population, which in turn is estimated to propel the global automotive alloy wheels market. Expansion of Automotive Alloy Wheels Market Cast and forged alloy wheels are preferred in SUVs over ...