Acumen Research and Consulting Magnesium Wheel Market is Anticipated to Surpass U | Page 4

Regional Snapshots The market size of the magnesium wheel in Asia Pacific will grow substantially as demand for premium vehicles proliferates. Many premium car manufacturers in China and Japan are also increasing their market size. Several auto manufacturers such as Porsche, Volkswagen and BMW are involved in new magnesium wheels car launches. For example, Porsche launched its magnesium wheels GT2 RS in India in 2018. Key Players & Strategies Due to the presence of key players such as BBS, Enkei Corporation, the Ronal Group, SMW Engineering, Marvić Wheels and Marchesini, the magnesium wheel market share is particularly competitive. MKW Alloy, OZ, Cromodora Wheels, Tan-ei-sya, Minilite, and Washi Beam are other leading manufacturers. Increased product design, configuration, and post-sales services are key to industry players ‘ areas. Expansion & innovation of the portfolio of products are amongst the major strategies taken to improve their market share by industry players. Fusions and acquisitions are just a few of the major market share strategy adopted by industry participants. In 2017, for example, Ronal Group announced that APP-Tech Srl will acquire a wider range of forced magnesium wheels in order to complement its product portfolio. Browse All official Market Research Reports Press Releases@ https://www.acumenresearchandconsulting.com/press-releases TABLE OF CONTENT CHAPTER 1. INDUSTRY OVERVIEW 1.1. Definition and Scope 1.1.1. Definition of Magnesium Wheel 1.1.2. Market Segmentation 1.1.3. List of Abbreviations Would like to place an order or any question, please feel free to contact at [email protected] | [phone]