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Analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region.

Analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market.

Automotive industry was one of the key industries affected by the economicdownturn in 2008 (global sales 68.1 million units) and 2009 (global sales 65.4million units). However, the scenario has changed since 2010 (global sales 74.6million units). This upward trend continued in 2011 and 2012.

"Semi Autonomous Market For Passenger Car By Type - Global Trends & Forecast To 2018" Automotive industry was one of the key industries affected by the economicdownturn in 2008 (global sales 68.1 million units) and 2009 (global sales 65.4million units).

In 2012, the sales revenue of Bridgestone tires was JPY 2.5572 trillion (USD 29.8 billion), globally ranking the first. In 2012, the sales revenue of Michelin #tires was about USD 28.4 billion, globally ranking the second. Meanwhile, the sales revenue of #Goodyear and Continental AG was USD 21 billion and USD 12.8 billion respectively, globally ranking the third and the fourth respectively.