Automotive Wheel Market size was worth US$ 36,371.49 million in 2022 and is estimated at a CAGR of 7.4% within the forecast period (2024-2031).
United States: Recent Industry Developments
✅ November 2025: Major OEMs increased adoption of lightweight alloy wheels to improve fuel efficiency and vehicle performance.
✅ October 2025: Expansion of aftermarket wheel customization services gained traction among U.S. consumers seeking personalization.
✅ September 2025: New regulations on wheel safety and durability prompted innovations in composite and forged wheel manufacturing.
GCC: Recent Industry Developments
✅ November 2025: GCC automotive companies partnered with global suppliers to introduce premium alloy wheels for luxury vehicles.
✅ October 2025: Rising demand for off-road and SUV wheels drove market growth in Saudi Arabia and UAE.
✅ September 2025: Government initiatives promoting automotive industry diversification supported localized wheel manufacturing.
MENA: Recent Industry Developments
✅ November 2025: North African countries increased imports of cost-effective steel wheels for commercial vehicles.
✅ October 2025: Expansion of automotive aftermarket sectors in Egypt and Morocco boosted demand for custom wheel designs.
✅ September 2025: Investments in logistics infrastructure improved distribution channels for automotive wheels across the MENA region.
Post time: Dec-31-2025
