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Industrial Internet-of-Things Market is Booming Worldwide | Cisco Systems, IBM, Apple

Industrial Internet-of-Things Market is Booming Worldwide | Cisco Systems, IBM, Apple
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Automotive Wheels Aftermarket Global Forecast to 2025 by Aftermarket, Vehicle (PC, CV), Coating, Material, Rim Size, Major Manufacturers | RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US)

(MENAFN - Comserve) Shibuya-ku, Tokyo, Japan, Japan, Feb 12, 2021, 10:40 /Comserve / The automotive wheels aftermarket comprises major manufacturers such as RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US), and Maxion Wheels (US). Strict government regulation regarding fuel efficiency and carbon emissions and increase in sales of passenger cars and commercial vehicles have driven the automotive wheels aftermarket globally. The global automotive wheels aftermarket market is estimated to grow from USD 3.5 billion in 2018 at a CAGR of 3.53% to reach USD 4.5 billion by 2025. Increased demand for lightweight materials will boost the automotive wheels aftermarket. However, maintaining a balance between performance, cost, and weight creates a hurdle for the growth of the automotive wheels aftermarket.

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