![]() For instance, in September 2021, Borbet, a Germany-based company that manufactures light alloy wheels, launched new rims with a unique CWZ design that contains five double-spoke designs. Major companies in the automotive aftermarket sector are focused on introducing advanced products to increase their market coverage. New product innovations have emerged as the key trend gaining popularity in the automotive aftermarket. Global Automotive Wheel Aftermarket Market Trends These aftermarket parts are low in cost when compared to the original parts. These are manufactured by a third party for every type of vehicle. Aftermarket parts refer to replacement parts that are not manufactured by the original equipment manufacturer. The automotive wheel aftermarket consists of sales of automotive wheels and related products by entities (organizations, sole traders, and partnerships) that are used to replace damaged parts in automobiles and other equipment. Want to learn more on the automotive wheel aftermarket market growth? Request for a Sample now. Increasing sales of passenger cars are expected to propel the growth of the automotive aftermarket going forward. LONDON, GREATER LONDON, UK, Octo/ / - According to ‘Automotive Wheel Aftermarket Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the automotive wheel aftermarket market is expected to reach $5.28 billion in 2026 at a CAGR of 3.8%. The Business Research Company’s Automotive Wheel Aftermarket Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 Automotive Wheel Aftermarket Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 ![]()
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