Automotive Wheel Hub Spindle Market, Global Outlook and Forecast 2024-2030
Wheel hub spindle is responsible for attaching the wheel to the car. A wheel hub assembly is a pre-assembled unit that features precision bearings, seals, and sensors; thus, the wheel hub spindle is a crucial part of the steering system contributing to the safe steering and handling of the vehicle.
This report aims to provide a comprehensive presentation of the global market for Automotive Wheel Hub Spindle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Wheel Hub Spindle. This report contains market size and forecasts of Automotive Wheel Hub Spindle in global, including the following market information:
Global Automotive Wheel Hub Spindle Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Automotive Wheel Hub Spindle Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Automotive Wheel Hub Spindle companies in 2023 (%)
The global Automotive Wheel Hub Spindle market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
4 Bolt Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Automotive Wheel Hub Spindle include Maxion Wheels U.S.A. LLC, MOOG, Alcoa Wheels, Accuride Wheel End Solutions, GKN Wheels and Structures, Schaeffler Automotive Aftermarket GmbH & Co. KG, WJB Group, Baum Hydraulics Corporation and NSK Ltd, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Wheel Hub Spindle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Wheel Hub Spindle Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Wheel Hub Spindle Market Segment Percentages, by Type, 2023 (%)
4 Bolt
5 Bolt
6 Bolt
8 Bolt
10 Bolt
20 Bolt
Others
Global Automotive Wheel Hub Spindle Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Wheel Hub Spindle Market Segment Percentages, by Application, 2023 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Wheel Hub Spindle Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automotive Wheel Hub Spindle Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Wheel Hub Spindle revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Automotive Wheel Hub Spindle revenues share in global market, 2023 (%)
Key companies Automotive Wheel Hub Spindle sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Automotive Wheel Hub Spindle sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Maxion Wheels U.S.A. LLC
MOOG
Alcoa Wheels
Accuride Wheel End Solutions
GKN Wheels and Structures
Schaeffler Automotive Aftermarket GmbH & Co. KG
WJB Group
Baum Hydraulics Corporation
NSK Ltd
SKF
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Wheel Hub Spindle, market overview.
Chapter 2: Global Automotive Wheel Hub Spindle market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Wheel Hub Spindle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Wheel Hub Spindle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Wheel Hub Spindle capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.