Automotive Aluminum Wheels Market to Reach $37,000.80 Million, Globally, by 2032 at 7.65% CAGR: Allied Market Research [Yahoo! Finance]
Superior Industries International, Inc. (DE) (SUP)
Last superior industries international, inc. (de) earnings: 2/28 07:00 am
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Source: Yahoo! Finance
Wilmington, New Castle, Delaware, May 03, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Automotive Aluminum Wheels Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Bus, and Trucks), Wheel Size (Less than 15, 16 to 20, and More than 21), Distribution Channel (OEM and Aftermarket), and Propulsion Type (ICE and Electric): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global Automotive Aluminum Wheels market generated $18,091.62 million in 2022, and is anticipated to generate $37,000.80 million by 2032, witnessing a CAGR of 7.65% from 2023 to 2032. Prime Determinants o f Growth The global automotive aluminum wheels market has experienced significant growth and transformation, driven by a combination of increase in vehicle production and sales, increase in demand for enhanced visual appeal in automobiles and an increase in trend towards weight reduction. Moreover, technological advancements an
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