2021 Global Automotive Steel Wheels Market Growth Research April 2017 | Page 2

Market driver
Growth in promotion of budget cars by OEMs for emerging countries.
Market challenge
Growing concern toward increased greenhouse gas emissions from automotive industry.
Market trend
Advances in technology by OEMs for manufacturing steel wheels.
Table of Contents of the Report
Executive summary
Scope of the report
Research Methodology
Introduction
Key market highlights
Market landscape
Market overview
Market size and forecast
Five forces analysis
Geographical segmentation
Global automotive steel wheels market by geography
Automotive steel wheels market in Americas
Automotive steel wheels market in Europe
Automotive steel wheels market in APAC
Key leading countries
Market drivers
Low penetration of passenger cars in APAC
Increasing preference for M&HCVs for transporting freight
Growth in promotion of budget cars by OEMs for emerging countries
Impact of drivers
Market challenges
Growing concern toward increasing greenhouse gas emissions from automotive industry
Stringent government regulations for owning cars in China
Growing preference for alloy wheels in passenger cars
Impact of drivers and challenges
Market trends
Advances in technology by OEMs for manufacturing steel wheels
Growing preference for lightweight steel wheels
Increasing demand of low-priced cars in APAC