PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763681
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763681
Global Carbon Wheels Market Introduction and Overview
According to SPER market research, 'Global Carbon Wheels Market Size- By Vehicle Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Carbon Wheels Market is predicted to reach 1664.01 million by 2034 with a CAGR 8.49%.
Carbon wheels are high-performance wheels crafted from carbon fiber-reinforced polymers, renowned for their outstanding strength-to-weight ratio. Compared to traditional alloy wheels, carbon wheels are much lighter, resulting in better acceleration, handling, and improved fuel efficiency or extended battery range in electric vehicles. Their superior stiffness and aerodynamic design also contribute to enhanced performance, making them a preferred choice in both the automotive and cycling sectors.
Restraints: The carbon wheels market encounters several significant challenges that can impede its growth. A major obstacle is the high production cost, driven by expensive raw materials and the intricate processes required to manufacture carbon fiber components. This limits affordability and restricts broader consumer adoption. Durability remains a concern as well, particularly under extreme conditions or heavy impacts, causing hesitation among buyers who value long-term reliability.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Vehicle Type, By Distribution Channel
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Blackstone Tek, Bontrager, Campagnolo, Carbon Revolution Ltd., DT Swiss, Dymag Group Ltd., Easton Cycling, ENVE Composites, Fulerum Wheels, Mavic, Reynolds Cycling, Roval Components.
Global Carbon Wheels Market Segmentation:
By Vehicle Type: Based on the Vehicle Type, Global Carbon Wheels Market is segmented as; Passenger cars, Commercial vehicles, Two wheelers.
By Distribution Channel: Based on the Distribution Channel,, Global Carbon Wheels Market is segmented as; OEM, Aftermarket
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.