Magnesium Wheel Market – Global Industry Analysis and Forecast (2025-2032)

Magnesium Wheel Market size was valued at USD 16.56 Bn. in 2024, and the total Global Magnesium Wheel Market revenue is expected to grow by 3.2% from 2025 to 2032, reaching nearly USD 21.31 Bn. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Magnesium Wheel MarketTo know about the Research Methodology :- Request Free Sample Report Shifting trend towards lightweight vehicles along with increased road safety concerns will propel the magnesium wheel market size. Inclination towards enhanced driving experience accompanied by increasing replacement of traditional steel by efficient & durable magnesium material will drive the product demand. Growing automotive industry due to rising vehicle demand along with increasing consumer spending will support the industry growth of magnesium wheel market. For example, in 2017 U.S. passenger car sales reached 6 million, while only 4 million cars were manufactured in the country. Changing automotive trends including vehicle customization, improved fuel efficiency, and reduced weight are the key factors positively influencing the product penetration. Increasing preference for green mobility coupled with stringent regulations promoting lightweight automotive components has been a key driver for the magnesium wheel market globally. According to the California Vehicle Code (CVC), gross weight on any wheel should not surpass 10,500 pounds. For every 100 pounds of vehicle weight reduction, there is an average decrease of about 2% fuel consumption. Rising demand for hybrid and electric vehicles will drive the industry growth, as weight reduction remains a major concern in the hybrid automobiles Magnesium wheel market is majorly segmented by the manufacturing, end-use, vehicle, and region. Based on the manufacturing segment, cast manufacturing is expected to dominate the global magnesium wheel market in 2017. Low production cost and easier manufacturing process are the factors leading to high industry demand of magnesium wheel. However, comparatively heavier weight along with manufacturing defects including pores, cavities and metallurgical microstructure causing large grain size may restrain the segment growth.

Magnesium Wheel Market Segment Analysis

Based on the manufacturing segment, cast manufacturing is expected to dominate the global magnesium wheel market in 2024. Low production cost and easier manufacturing process are the factors leading to high industry demand of magnesium wheel. However, comparatively heavier weight along with manufacturing defects including pores, cavities and metallurgical microstructure causing large grain size may restrain the segment growth. Based on End-use, the OEM segment held the highest market share. Shifting manufacturer preference towards vehicle weight reduction is the key driving factor for magnesium wheel market growth. Product innovations and development coupled with heavy R&D investment by OEMs will further propel market demand. Europe held the highest market in 2017. Recovery of automobile sector along with the increasing penetration of premium cars particularly in the UK, Germany, Italy, Spain, and Poland will form key factors driving the regional demand. Presence of premium automotive manufacturers including Lamborghini, Ferrari, Audi, BMW, and Porsche also provides a positive outlook for market growth in Europe. Key player across the magnesium wheel industry are BBS, Enkei, MKW Alloy, SMW Engineering, and O.Z. Group. Industry players mainly focus on collaborations with high-end premium car manufacturers to increase customer base and strengthen foothold. For instance, O.Z. Group partnered with leading OEMs including Ferrari, Volkswagen, Mercedes Benz, etc. In August 2017, the company renewed its partnership with Ferrari till 2022. Product positioning for sport and premium car manufacturers is another key strategy observed among the manufacturers. For instance, BBS has focused its supply for sports cars used in Formula One. Similarly, Enkei Corporation developed products suitable for sportscars adopting the stringent JGTC regulations. Moreover, technological advancement and heavy R&D investment are among other strategies adopted. For instance, in 2016, SMW Engineering launched research & development projects to perform in-depth analysis of environmental & economic benefits of magnesium wheel.

Global Magnesium Wheel Market Scope: Inquire before Buying

Magnesium Wheel Market
Report Coverage Details
Base Year: 2024 Forecast Period: 2025-2032
Historical Data: 2019 to 2024 Market Size in 2024: USD 16.56 Bn.
Forecast Period 2025 to 2032 CAGR: 3.2% Market Size in 2032: USD 21.31 Bn.
Segments Covered: by Manufacturing Cast Forged
by Vehicle Bikes Premium/ Sports Cars
by Application On-road Off-road Racing/Sports
by Distribution channel OEM Aftermarket

Magnesium Wheel Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Magnesium Wheel Market Key Players are:

1. BBS 2. Enkei 3. MKW Alloy 4. SMW Engineering 5. O.Z. Group 6. Ferrari 7. Volkswagen 8. Mercedes Benz 9. Dymag Group Limited 10.Tecnología y Fabricación, S.A. 11.Marvic Wheels 12.BBI Autosport 13.Marchesini 14.Vision Ability Dedication 15.App Tech 16.Tan-ei-sya 17.Milinite 18.Washi Beam 19.Ronal Group 20.Cromodora Wheels SPA 21.PVM Brakes & Wheels Mannheim Frequently Asked Questions: 1. Which region has the largest share in Global Magnesium Wheel Market? Ans: Europe region held the highest share in 2024 in Magnesium Wheel Market. 2. What is the growth rate of Global Magnesium Wheel Market? Ans: The Global Magnesium Wheel Market is growing at a CAGR of 3.2% during forecasting period 2025-2032. 3. What is scope of the Global Magnesium Wheel Market report? Ans: Global Magnesium Wheel Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Magnesium Wheel Market? Ans: The important key players in the Global Magnesium Wheel Market are – BBS,Enkei,MKW Alloy,SMW Engineering,O.Z. Group,Ferrari,Volkswagen,Mercedes Benz,Dymag Group Limited,Tecnología y Fabricación, S.A.,Marvic Wheels. 5. What is the study period of this Market? Ans: The Global Magnesium Wheel Market is studied from 2024 to 2032.
1. Magnesium Wheel Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Magnesium Wheel Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Business Segment 2.3.3. End-user Segment 2.3.4. Revenue (2024) 2.3.5. Company Locations 2.4. Leading Magnesium Wheel Market Companies, by market capitalization 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Magnesium Wheel Market: Dynamics 3.1. Magnesium Wheel Market Trends by Region 3.1.1. North America Magnesium Wheel Market Trends 3.1.2. Europe Magnesium Wheel Market Trends 3.1.3. Asia Pacific Magnesium Wheel Market Trends 3.1.4. Middle East and Africa Magnesium Wheel Market Trends 3.1.5. South America Magnesium Wheel Market Trends 3.2. Magnesium Wheel Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Magnesium Wheel Market Drivers 3.2.1.2. North America Magnesium Wheel Market Restraints 3.2.1.3. North America Magnesium Wheel Market Opportunities 3.2.1.4. North America Magnesium Wheel Market Challenges 3.2.2. Europe 3.2.2.1. Europe Magnesium Wheel Market Drivers 3.2.2.2. Europe Magnesium Wheel Market Restraints 3.2.2.3. Europe Magnesium Wheel Market Opportunities 3.2.2.4. Europe Magnesium Wheel Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Magnesium Wheel Market Drivers 3.2.3.2. Asia Pacific Magnesium Wheel Market Restraints 3.2.3.3. Asia Pacific Magnesium Wheel Market Opportunities 3.2.3.4. Asia Pacific Magnesium Wheel Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Magnesium Wheel Market Drivers 3.2.4.2. Middle East and Africa Magnesium Wheel Market Restraints 3.2.4.3. Middle East and Africa Magnesium Wheel Market Opportunities 3.2.4.4. Middle East and Africa Magnesium Wheel Market Challenges 3.2.5. South America 3.2.5.1. South America Magnesium Wheel Market Drivers 3.2.5.2. South America Magnesium Wheel Market Restraints 3.2.5.3. South America Magnesium Wheel Market Opportunities 3.2.5.4. South America Magnesium Wheel Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis For Magnesium Wheel Industry 3.8. Analysis of Government Schemes and Initiatives For Magnesium Wheel Industry 3.9. Magnesium Wheel Market Trade Analysis 3.10. The Global Pandemic Impact on Magnesium Wheel Market 4. Magnesium Wheel Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2024-2032 4.1. Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 4.1.1. Cast 4.1.2. Forged 4.2. Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 4.2.1. Bikes 4.2.2. Premium/ Sports Cars 4.3. Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 4.3.1. On-road 4.3.2. Off-road 4.3.3. Racing/Sports 4.4. Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 4.4.1. OEM 4.4.2. Aftermarket 4.5. Magnesium Wheel Market Size and Forecast, by Region (2024-2032) 4.5.1. North America 4.5.2. Europe 4.5.3. Asia Pacific 4.5.4. Middle East and Africa 4.5.5. South America 5. North America Magnesium Wheel Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 5.1. North America Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 5.1.1. Cast 5.1.2. Forged 5.2. North America Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 5.2.1. Bikes 5.2.2. Premium/ Sports Cars 5.3. North America Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 5.3.1. On-road 5.3.2. Off-road 5.3.3. Racing/Sports 5.4. North America Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 5.4.1. OEM 5.4.2. Aftermarket 5.5. North America Magnesium Wheel Market Size and Forecast, by Country (2024-2032) 5.5.1. United States 5.5.1.1. United States Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 5.5.1.1.1. Cast 5.5.1.1.2. Forged 5.5.1.2. United States Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 5.5.1.2.1. Bikes 5.5.1.2.2. Premium/ Sports Cars 5.5.1.3. United States Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 5.5.1.3.1. On-road 5.5.1.3.2. Off-road 5.5.1.3.3. Racing/Sports 5.5.1.4. United States Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 5.5.1.4.1. OEM 5.5.1.4.2. Aftermarket 5.5.2. Canada 5.5.2.1. Canada Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 5.5.2.1.1. Cast 5.5.2.1.2. Forged 5.5.2.2. Canada Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 5.5.2.2.1. Bikes 5.5.2.2.2. Premium/ Sports Cars 5.5.2.3. Canada Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 5.5.2.3.1. On-road 5.5.2.3.2. Off-road 5.5.2.3.3. Racing/Sports 5.5.2.4. Canada Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 5.5.2.4.1. OEM 5.5.2.4.2. Aftermarket 5.5.3. Mexico 5.5.3.1. Mexico Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 5.5.3.1.1. Cast 5.5.3.1.2. Forged 5.5.3.2. Mexico Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 5.5.3.2.1. Bikes 5.5.3.2.2. Premium/ Sports Cars 5.5.3.3. Mexico Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 5.5.3.3.1. On-road 5.5.3.3.2. Off-road 5.5.3.3.3. Racing/Sports 5.5.3.4. Mexico Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 5.5.3.4.1. OEM 5.5.3.4.2. Aftermarket 6. Europe Magnesium Wheel Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 6.1. Europe Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.2. Europe Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.3. Europe Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.4. Europe Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5. Europe Magnesium Wheel Market Size and Forecast, by Country (2024-2032) 6.5.1. United Kingdom 6.5.1.1. United Kingdom Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.1.2. United Kingdom Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.1.3. United Kingdom Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.1.4. United Kingdom Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.2. France 6.5.2.1. France Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.2.2. France Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.2.3. France Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.2.4. France Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.3. Germany 6.5.3.1. Germany Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.3.2. Germany Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.3.3. Germany Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.3.4. Germany Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.4. Italy 6.5.4.1. Italy Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.4.2. Italy Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.4.3. Italy Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.4.4. Italy Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.5. Spain 6.5.5.1. Spain Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.5.2. Spain Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.5.3. Spain Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.5.4. Spain Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.6. Sweden 6.5.6.1. Sweden Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.6.2. Sweden Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.6.3. Sweden Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.6.4. Sweden Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.7. Austria 6.5.7.1. Austria Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.7.2. Austria Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.7.3. Austria Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.7.4. Austria Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 6.5.8. Rest of Europe 6.5.8.1. Rest of Europe Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 6.5.8.2. Rest of Europe Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 6.5.8.3. Rest of Europe Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 6.5.8.4. Rest of Europe Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7. Asia Pacific Magnesium Wheel Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 7.1. Asia Pacific Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.2. Asia Pacific Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.3. Asia Pacific Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.4. Asia Pacific Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5. Asia Pacific Magnesium Wheel Market Size and Forecast, by Country (2024-2032) 7.5.1. China 7.5.1.1. China Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.1.2. China Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.1.3. China Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.1.4. China Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.2. S Korea 7.5.2.1. S Korea Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.2.2. S Korea Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.2.3. S Korea Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.2.4. S Korea Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.3. Japan 7.5.3.1. Japan Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.3.2. Japan Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.3.3. Japan Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.3.4. Japan Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.4. India 7.5.4.1. India Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.4.2. India Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.4.3. India Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.4.4. India Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.5. Australia 7.5.5.1. Australia Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.5.2. Australia Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.5.3. Australia Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.5.4. Australia Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.6. Indonesia 7.5.6.1. Indonesia Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.6.2. Indonesia Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.6.3. Indonesia Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.6.4. Indonesia Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.7. Malaysia 7.5.7.1. Malaysia Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.7.2. Malaysia Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.7.3. Malaysia Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.7.4. Malaysia Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.8. Vietnam 7.5.8.1. Vietnam Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.8.2. Vietnam Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.8.3. Vietnam Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.8.4. Vietnam Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.9. Taiwan 7.5.9.1. Taiwan Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.9.2. Taiwan Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.9.3. Taiwan Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.9.4. Taiwan Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 7.5.10. Rest of Asia Pacific 7.5.10.1. Rest of Asia Pacific Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 7.5.10.2. Rest of Asia Pacific Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 7.5.10.3. Rest of Asia Pacific Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 7.5.10.4. Rest of Asia Pacific Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 8. Middle East and Africa Magnesium Wheel Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 8.1. Middle East and Africa Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 8.2. Middle East and Africa Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 8.3. Middle East and Africa Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 8.4. Middle East and Africa Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 8.5. Middle East and Africa Magnesium Wheel Market Size and Forecast, by Country (2024-2032) 8.5.1. South Africa 8.5.1.1. South Africa Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 8.5.1.2. South Africa Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 8.5.1.3. South Africa Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 8.5.1.4. South Africa Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 8.5.2. GCC 8.5.2.1. GCC Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 8.5.2.2. GCC Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 8.5.2.3. GCC Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 8.5.2.4. GCC Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 8.5.3. Nigeria 8.5.3.1. Nigeria Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 8.5.3.2. Nigeria Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 8.5.3.3. Nigeria Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 8.5.3.4. Nigeria Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 8.5.4. Rest of ME&A 8.5.4.1. Rest of ME&A Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 8.5.4.2. Rest of ME&A Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 8.5.4.3. Rest of ME&A Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 8.5.4.4. Rest of ME&A Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 9. South America Magnesium Wheel Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 9.1. South America Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 9.2. South America Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 9.3. South America Magnesium Wheel Market Size and Forecast, by Application(2024-2032) 9.4. South America Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 9.5. South America Magnesium Wheel Market Size and Forecast, by Country (2024-2032) 9.5.1. Brazil 9.5.1.1. Brazil Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 9.5.1.2. Brazil Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 9.5.1.3. Brazil Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 9.5.1.4. Brazil Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 9.5.2. Argentina 9.5.2.1. Argentina Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 9.5.2.2. Argentina Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 9.5.2.3. Argentina Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 9.5.2.4. Argentina Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 9.5.3. Rest Of South America 9.5.3.1. Rest Of South America Magnesium Wheel Market Size and Forecast, by Manufacturing (2024-2032) 9.5.3.2. Rest Of South America Magnesium Wheel Market Size and Forecast, by Vehicle (2024-2032) 9.5.3.3. Rest Of South America Magnesium Wheel Market Size and Forecast, by Application (2024-2032) 9.5.3.4. Rest Of South America Magnesium Wheel Market Size and Forecast, by Distribution channel (2024-2032) 10. Company Profile: Key Players 10.1. BBS 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Enkei 10.3. MKW Alloy 10.4. SMW Engineering 10.5. O.Z. Group 10.6. Ferrari 10.7. Volkswagen 10.8. Mercedes Benz 10.9. Dymag Group Limited 10.10. Tecnología y Fabricación, S.A. 10.11. Marvic Wheels 10.12. BBI Autosport 10.13. Marchesini 10.14. Vision Ability Dedication 10.15. App Tech 10.16. Tan-ei-sya 10.17. Milinite 10.18. Washi Beam 10.19. Ronal Group 10.20. Cromodora Wheels SPA 10.21. PVM Brakes & Wheels Mannheim 11. Key Findings 12. Industry Recommendations 13. Magnesium Wheel Market: Research Methodology 14. Terms and Glossary
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