Reports

Sale

United States High Performance Wheels Market

United States High Performance Wheels Market Size: By Materials: Aluminium, Steel, Magnesium, Carbon Fibre, Others; By Vehicle Types: Premium Compact, Entry-Level Luxury, Mid-Size Luxury; By Sales Channels: Original Equipment Manufacturers (OEM), Aftermarket; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

United States High Performance Wheels Market Outlook

The United States high performance wheels market is expected to grow in the forecast period of 2024-2032 at a CAGR of 6.90%.

 

United States High Performance Wheels Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increased Demand for Aluminium-based Wheels to Aid the United States High Performance Wheels Industry

Aluminium wheels are light weight and attractive, which make them ideal for an automobile. Aluminium provides greater resistance to rust and corrosion, which bolsters the reliability and efficiency of wheels. In addition to this, aluminium wheels enhance the balance performance and their maintenance cost is fairly low. Over the forecast period, the rising demand for aluminium wheels for premium compact and mid-sized vehicles in order to achieve greater handling and bolster the aesthetics of a car is likely to propel the growth of the segment. Meanwhile, the magnesium segment is anticipated to witness a healthy growth in the forecast period, owing to the fact that magnesium allows the car to attain high speed without compromising on the grip on the road. In addition to this, magnesium can transfer the heat from the brake much efficiently and uniformly. This is a major advantage of this material as it prevents the wheels from getting overheated.

 

High Performance Wheels: Market Segmentation

High performance wheels are the type of wheels that are strong and exhibit superior mechanical properties. High performance wheels are usually made up of alloys of magnesium, aluminium, steel, or carbon fibre. In addition to this, the product is light weight, has a low chance of galvanic corrosion, and offers excellent braking. Moreover, high performance tyres use less blades and carry stiffer and wider apex to bolster the cornering power.

 

United States High Performance Wheels Market By Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on material, the market can be segmented into:

  • Aluminium
  • Steel
  • Magnesium
  • Carbon Fibre
  • Others

On the basis of vehicle type, the market has been divided into:

  • Premium Compact
  • Entry-Level Luxury
  • Mid-Size Luxury

The major sales channels of the product are as follows:

  • Original Equipment Manufacturers (OEM)
  • Aftermarket

 

United States High Performance Wheels Market Report And Forecast

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Thriving Automotive Industry and the Increasing Demand for High Performance Vehicles to Boost the Market for High Performance Wheels in the United States

The high performance wheels industry in the United States is being driven by the thriving automotive industry supported by the presence of major automotive companies in the country, rising disposable income, and rapid advancements in transportation infrastructure. Meanwhile, the growing popularity of car-related sports, such as car racing, drag racing, motorsports, and dirt rallies, which require high performance cars, is likely to be a major driving factor for the market in the forecast period. In addition to this, the increasing inclination of the young population of the country towards aesthetically appealing and durable cars is likely to propel the demand for high performance wheels in the forecast period. Moreover, the growing efforts by the key automotive manufacturers to improve handling, bolster acceleration, and reduce the weight of high performance cars are anticipated to provide impetus to the market. The market in the country will further be aided by the presence of skilled designers and engineers in the region.

 

Key Industry Players in the United States High Performance Wheels Market

The report gives a detailed analysis of the following key players in the United States high performance wheels market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Enkei International, Inc.
  • Vossen Wheels
  • HRE Wheels
  • BBS of America, Inc.
  • Forgeline Motorsports
  • Wheel Pros, LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Materials
  • Vehicle Types
  • Sales Channels
Breakup by Materials
  • Aluminium
  • Steel
  • Magnesium
  • Carbon Fibre
  • Others
Breakup by Vehicle Types
  • Premium Compact
  • Entry-Level Luxury
  • Mid-Size Luxury
Breakup by Sales Channels
  • Original Equipment Manufacturers (OEM)
  • Aftermarket
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Enkei International, Inc.
  • Vossen Wheels
  • HRE Wheels
  • BBS of America, Inc.
  • Forgeline Motorsports
  • Wheel Pros, LLC
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    United States High Performance Wheels Market Analysis

    8.1    Key Industry Highlights
    8.2    United States High Performance Wheels Historical Market (2018-2023) 
    8.3    United States High Performance Wheels Market Forecast (2024-2032)
    8.4    United States High Performance Wheels Market by Materials
        8.4.1    Aluminium
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Steel
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Magnesium
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Carbon Fibre
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    United States High Performance Wheels Market by Vehicle Types
        8.5.1    Premium Compact
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Entry-Level Luxury
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Mid-Size Luxury
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    United States High Performance Wheels Market by Sales Channels
        8.6.1    Original Equipment Manufacturers (OEM)
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Aftermarket
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
10    Competitive Landscape
    10.1    Market Structure
    10.2    Company Profiles
        10.2.1    Enkei International, Inc.
            10.2.1.1    Company Overview
            10.2.1.2    Product Portfolio
            10.2.1.3    Demographic Reach and Achievements
            10.2.1.4    Certifications
        10.2.2    Vossen Wheels
            10.2.2.1    Company Overview
            10.2.2.2    Product Portfolio
            10.2.2.3    Demographic Reach and Achievements
            10.2.2.4    Certifications
        10.2.3    HRE Wheels
            10.2.3.1    Company Overview
            10.2.3.2    Product Portfolio
            10.2.3.3    Demographic Reach and Achievements
            10.2.3.4    Certifications
        10.2.4    BBS of America, Inc.
            10.2.4.1    Company Overview
            10.2.4.2    Product Portfolio
            10.2.4.3    Demographic Reach and Achievements
            10.2.4.4    Certifications
        10.2.5    Forgeline Motorsports
            10.2.5.1    Company Overview
            10.2.5.2    Product Portfolio
            10.2.5.3    Demographic Reach and Achievements
            10.2.5.4    Certifications
        10.2.6    Wheel Pros, LLC
            10.2.6.1    Company Overview
            10.2.6.2    Product Portfolio
            10.2.6.3    Demographic Reach and Achievements
            10.2.6.4    Certifications
        10.2.7    Others
11    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    United States High Performance Wheels Market: Key Industry Highlights, 2018 and 2032
2.    United States High Performance Wheels Historical Market: Breakup by Materials (USD Million), 2018-2023
3.    United States High Performance Wheels Market Forecast: Breakup by Materials (USD Million), 2024-2032
4.    United States High Performance Wheels Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
5.    United States High Performance Wheels Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
6.    United States High Performance Wheels Historical Market: Breakup by Sales Channels (USD Million), 2018-2023
7.    United States High Performance Wheels Market Forecast: Breakup by Sales Channels (USD Million), 2024-2032
8.    United States High Performance Wheels Market Structure

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 6.90% between 2024 and 2032.

The major drivers of the market include the expansion of the automotive industry, rising disposable income, rapid urbanisation, strong presence of major automotive companies, and rapid advancements in technology.

The technological advancements in the automotive industry aimed towards boosting the comfort of consumers amidst the rising cases of road accidents are expected to be a key trend guiding the growth of the industry.

Aluminium, steel, magnesium, and carbon fibre, among others are the different materials based on which the market has been segmented.

Premium compact, entry-level luxury, and mid-size luxury are the different vehicle types considered within the market report.

Original equipment manufacturers (OEM) and aftermarket are the different sales channels considered in the market report.

The major players in the industry are Enkei International, Inc., Vossen Wheels, HRE Wheels, BBS of America, Inc., Forgeline Motorsports, and Wheel Pros, LLC, among others.

Analyst Review

The United States high performance wheels market is being driven by the growing automotive industry, rising demand for premium vehicles, and rising disposable incomes. Aided by the rising investments in the development of lightweight and improved cars, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.90%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material, the market is divided into aluminium, steel, magnesium, and carbon fibre, among others. On the basis of vehicle type, the market is divided into premium compact, entry-level luxury, and mid-size luxury. By sales channels, the market has been segmented into original equipment manufacturers (OEM) and aftermarket. The key players in the high performance wheels market in the United States include Enkei International, Inc., Vossen Wheels, HRE Wheels, BBS of America, Inc., Forgeline Motorsports, and Wheel Pros, LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER