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High Performance Wheels Market | Global Industry Report, 2023 | Hexa Resear... PowerPoint PPT Presentation


The growing automobile industry is anticipated to be a key growth driver for the high performance wheels industry. The increase in performance cars coupled with fuel efficiency requirements is expected to drive the industry size over the upcoming years.

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High Performance Wheels Market | Global Industry Report, 202...

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High performance wheels market global industry report 2023 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

High Performance Wheels Market Size, Industry Analysis, Share,

Growth and Forecast Report up to 2023 - Hexa Research

The global high performance wheels market size is expected to increase significantly

over the next seven years on account of growing demand for performance automobiles

and increasing consumer surplus. Weight reduction for quick acceleration and superior

braking coupled with the requirement for improved aesthetics is expected to boost the

growth of the market.

The growing automobile industry is anticipated to be a key growth driver for the high

performance wheels industry. The increase in performance cars coupled with fuel

efficiency requirements is expected to drive the industry size over the upcoming years.

Development of carbon composite wheels as an alternative to conventional aluminium

wheels will help in overall weight reduction, improve fuel efficiency, handling and ride

performance, is expected to drive market growth over the forecast period. Key industry

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


High performance wheels market global industry report 2023 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

participants are investing in R&D in order to improve their technology and products will

spur the industry growth over the upcoming years.

High performance wheels offer superior braking, acceleration and fuel efficiency,

particularly to the sports car industry. In addition, it facilitates in unnecessary weight

reduction which aids in improving wheel life and performance, is anticipated to drive

market growth over the next seven years. For higher strength and increased operating

life, high performance wheels are heat treated as compared to other conventional

aluminium wheels. In addition, this process improves the structural rigidity of the wheel.

However, high initial setup cost is expected to act as a restraint to the industry growth

in the future.

Browse Detail Report@

https://www.hexaresearch.com/upcoming-research/high-performance-wheels-

market

Need for better ride and handling capabilities will spur the demand. Moreover,

enhanced brake performance with augmented air ventilation through wheel spokes will

boost the industry demand over the upcoming years. Wheels are frequently favoured

for modifications by owners, as it significantly changes the vehicle’s appearance and

character. Decreasing raw material costs, developing economy and consumer

inclination to maintain vehicles have been critical industry driving factors.

Asia Pacific high performance industry is expected to witness significant growth owing

to the presence of the key automobile manufacturers and growing demand for

automobiles in developing countries including China, India and South Korea. Japan is

the home to some of the largest automobile manufacturing companies in the world such

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


High performance wheels market global industry report 2023 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

as Toyota and Honda. Increasing production capacities, investment in R&D and

requirement for performance and sports cars in the automobile sector is expected to

drive the high performance wheel industry growth in the future. Moreover, favourable

government policies including 100% foreign direct investment and presence of high

performance automobile companies such as Infiniti, Honda, Toyota and Nissan are

expected to augment industry growth over the upcoming years.

Europe is the home to performance automobile manufacturing companies including

Ferrari, Lamborghini, Porsche, Koenigsegg, Pagani, McLaren, Mercedes Benz, Audi,

Bentley, Jaguar, BMW and Rolls Royce, who have been employing high performance

wheels extensively in their vehicles will further augment market growth on account of

growing demand for sports cars in the future.

North America high performance wheels market is expected to witness substantial

growth on account of increasing sports car production, facility expansion and

developing the economic condition. Moreover, increasing disposable income in the U.S.

is expected to boost automotive growth in the future. The market demand will be driven

by rising demand for sports cars and presence of performance car companies including

Acura, Cadillac, Buick, Dodge, Chevrolet, Ford, Chrysler, SRT and Shelby.

Key industry participants in high performance wheels market include HRE Performance

Wheels, Weds Wheels, Fikse Wheels, Guelph Hyundai, Vossen Wheels, American

Eagle Wheels Corporation, Gram Lights, Work Wheels USA, Konig Wheels, RAYS Co.

Ltd, Wheelpros, Inc., OZ S.p.A, Automotive Wheels Ltd. Enkei Wheels, Carbon

Revolution and BBS Kraftfahrzeugtechnik AG.

In June 2016, Carbon Revolution launched a one piece performance wheel named

CR9, which is made up of 100% carbon fibre.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


High performance wheels market global industry report 2023 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/automotive-and-transportation-

industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We offer

comprehensive business intelligence in the form of industry reports which help our clients obtain

clarity about their business environment and enable them to undertake strategic growth

initiatives.

Contact Us:

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Hexa Research

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6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

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Website - http://www.hexaresearch.com/

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Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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