PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Aggressive Brand Advertising Vital for Growth in North American Wheel Aftermarket - Companies with strong brand image who target established niche markets are experiencing growth in the North American wheel aftermarket.  Other factors contributing to their success are their emphasis on building efficient inventory management systems.
Aggressive Brand Advertising Vital for Growth in North American Wheel Aftermarket

 

NewswireToday - /newswire/ - San Antonio, TX, United States, 2006/06/07 - Companies with strong brand image who target established niche markets are experiencing growth in the North American wheel aftermarket. Other factors contributing to their success are their emphasis on building efficient inventory management systems..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Frost & Sullivan finds that the North American Wheel Aftermarket earned revenues of $802.0 million in 2005 and estimates to reach $863.0 million in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Wheel Aftermarket then send an e-mail to Tolu Babalola - Corporate Communications at tolu.babalola[.]frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed to you upon receipt of this information.

“Aluminum wheels will continue to remain the most prominent market segment, dominating the light vehicle market, but is likely to lose a portion of is market share to styled steel wheels from 2006-2012,” notes Frost & Sullivan Research Analyst Kyu-min Oh.

By incorporating micro-alloy steel manufacturing methods, wheel enterprises are able to manufacture steel wheels that match aluminum ones in their look and weight, all at a marginal manufacturing cost. Research also indicates that end-users consider steel wheels safer than aluminum ones.

Further, the North American automakers are in the process of introducing various new vehicle models equipped with styled custom wheels as part of their original equipment (OE).

With participants in the wheel aftermarket scouting for ways to decrease manufacturing costs, some companies are likely to switch over to producing styled steel wheels during 2006-2012.

Key issues for enterprises in the wheel aftermarket are the domination of aluminum wheels, limited sales and the high initial costs involved in starting a steel wheel manufacturing plant.

“Another vital concern for all wheel aftermarket enterprises in North America is the increasing competition from other countries with less labor costs,” observes Oh. ”This, coupled with the high degree of fragmentation in the wheel aftermarket, adversely impacts the participants’ market share growth.”

Therefore, it is crucial to manage the inventory efficiently and reduce the gap between design and shelf time, and wheel makers should protect themselves against overstocking wheels, as that can lead to higher inventory costs.

Overall, focusing on end-user demands and the resulting trends is important for both inventory management and growth of unit shipment. Wheel aftermarket companies need to arrive at the right combination of demand and supply to garner stable revenue growth. Moreover, they must follow a moderate growth approach, as a fast growth rate could adversely affect future costs.

North American Wheel Aftermarket is part of the North American Automotive Aftermarket Subscription, which also includes research in the following markets: Aluminum Wheel Manufacturing (Casting/Forging, Flow-forming, Semi-solid Forging), Steel Wheel Manufacturing (Micro-alloy Steel), and Finishes (Chroming, Polishing, Painting). All research services include detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. For additional commentary, analyst interviews are available with the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

North American Wheel Aftermarket
F759

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Aggressive Brand Advertising Vital for Growth in North American Wheel Aftermarket

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Tolu Babalola 
210.477.8427 tolu.babalola[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Frost & Sullivan Honors IriTech for Leading Iris Biometrics to New Frontiers in Mobile, AR/VR and Automotive Markets
Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem Finds Frost & Sullivan
eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year
Auto Hrvatska, Croatian Importer of MAN Truck & Bus Celebrates its 65th Anniversary
Original Equipment Service Providers in the CV Aftermarket to Edge Out Independent Aftermarket Participants Finds Frost & Sullivan
Frost & Sullivan Commends High Mobility's Potential to Disrupt the Connected Car Market
Beam Axle Market to See Incredible Growth During 2017-2025 Says Persistence Market Research
Suspension Ball Joint Market Rugged Expansion Foreseen by 2025 According to Persistence Market Research
Automotive Manufacturers Leverage Fintech through Partners to Deliver A Differentiated In-vehicle Experience Finds Frost & Sullivan
Axle Bushes Market to Witness Growth Acceleration During 2017-2025 Says PMR
Favourable Government Initiatives and New EV Business Models Boost Poland’s Electromobility Market Finds Frost & Sullivan
Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research
Autonomous and Connected Technologies to Decrease Transportation Costs to Under 1$ per Mile According to Frost & Sullivan
New Business Models and Aging Car Market Boost UK Automotive Aftermarket Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)