AUTOMOTIVE TRAILER WHEEL RIMS MARKET ANALYSIS
Global Automotive Trailer Wheel Rims market: Competitive Landscape
Major players operating in the global automotive trailer wheel rims market include TSW alloys Wheels, Maxion wheels, Voxx Products, MHT Luxury Wheels, Hitachi Metals Ltd., Zhejiang Wanfeng Auto Wheel Co., Ltd, Sota Offroad, Accuride International Inc., Vossen Wheels, Inc., and Auto Wheel & Rim.
Key players such as TSW alloys, Maxion wheel, Accuride International Inc., and others adopted product development strategies, in order to strengthen their position in the market. For instance, in September 2016, Maxion Wheels, the world’s leading wheel manufacturer, launched the industry’s lightest commercial vehicle steel wheel in the European market. The Gen34 22.5” x 9.0” steel wheel weighs 34 kilograms. This strategy will help the company to serve innovative products to their customers, thereby helping them to gain competitive edge in the market.
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