Report Detail

Summary

As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.

Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Traction Wheels market in this environment.

In terms of revenue, this research report indicated that the global Traction Wheels market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Traction Wheels industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.

The Otis aims at producing XX Traction Wheels in 2020, with XX % production to take place in global market, Xizi Forvorda accounts for a volume share of XX %.

Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Traction Wheels Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Traction Wheels Market?
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
...
Major Type of Traction Wheels Covered in XYZResearch report:
Direct Current
Alternating Current
Application Segments Covered in XYZResearch Market
Mall
Office Building
Public Places
Others

For any other requirements, please feel free to contact us and we will provide you customized report.


Table of Contents

    Global Traction Wheels Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate

      1 Market Scope

      • 1.1 Product Details and Introduction
        • 1.1.1 Direct Current -Product Introduction and Major Manufacturers
        • 1.1.2 Alternating Current -Product Introduction and Major Manufacturers
      • 1.2 Market Snapshot
        • 1.2.1 Major Companies Overview
        • 1.2.2 Market Concentration
        • 1.2.3 Six-Year Compound Annual Growth Rate (CAGR)

      2 Global Traction Wheels Market Assessment, by Segmentation

      • 2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
      • 2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
      • 2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)

      3 Regional Market Analysis

      • 3.1 China Traction Wheels Market
        • 3.1.1 Top Companies leading Traction Wheels Development in China (2015-2020)
        • 3.1.2 Sales Value of Major Company in China Market (2015-2020)
        • 3.1.3 China Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.1.4 Sales in China Market, by Type (2015-2026)
      • 3.2 EU Traction Wheels Market
        • 3.2.1 Top Companies leading Traction Wheels Development in EU (2015-2020)
        • 3.2.2 Sales Value of Major Company in EU Market (2015-2020)
        • 3.2.3 EU Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.2.4 Sales in EU Market, by Type (2015-2026)
      • 3.3 USA Traction Wheels Market
        • 3.3.1 Top Companies leading Traction Wheels Development in USA (2015-2020)
        • 3.3.2 Sales Value of Major Company in USA Market (2015-2020)
        • 3.3.3 USA Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.3.4 Sales in USA Market, by Type (2015-2026)
      • 3.4 Japan Traction Wheels Market
        • 3.4.1 Top Companies leading Traction Wheels Development in Japan (2015-2020)
        • 3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
        • 3.4.3 Japan Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.4.4 Sales in Japan Market, by Type (2015-2026)
      • 3.5 India Traction Wheels Market
        • 3.5.1 Top Companies leading Traction Wheels Development in India (2015-2020)
        • 3.5.2 Sales Value of Major Company in India Market (2015-2020)
        • 3.5.3 India Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.5.4 Sales in India Market, by Type (2015-2026)
      • 3.6 Southeast Asia Traction Wheels Market
        • 3.6.1 Top Companies leading Traction Wheels Development in Southeast Asia (2015-2020)
        • 3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
        • 3.6.3 Southeast Asia Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
      • 3.7 South America Traction Wheels Market
        • 3.7.1 Top Companies leading Traction Wheels Development in South America (2015-2020)
        • 3.7.2 Sales Value of Major Company in South America Market (2015-2020)
        • 3.7.3 South America Traction Wheels Price (USD/Unit), by Type (2019-2020)
        • 3.7.4 Sales in South America Market, by Type (2015-2026)

      4 Value Chain (Impact of COVID-19)

      • 4.1 Traction Wheels Value Chain Analysis
        • 4.1.1 Upstream
        • 4.1.2 Downstream
      • 4.2 COVID-19 Impact on Traction Wheels Industry
        • 4.2.1 Industrial Policy Issued Under the Epidemic Situation
      • 4.3 Cost-Under the Epidemic Situation
        • 4.3.1 Cost of Raw Material
      • 4.4 Channel Analysis
        • 4.4.1 Distribution Channel-Under the Epidemic Situation
        • 4.4.2 Distributors

      5 Regional Market Forecast (2021-2026)

      • 5.1 Global Traction Wheels Sales and Growth Rate (2021-2026)
      • 5.2 Global Traction Wheels Sales Value and Growth Rate (2021-2026)

      6 Traction Wheels Competitive Analysis

      • 6.1 Otis
        • 6.1.1 Otis Company Profiles
        • 6.1.2 Otis Product Introduction
        • 6.1.3 Otis Traction Wheels Production, Revenue (2015-2020)
        • 6.1.4 SWOT Analysis
      • 6.2 Xizi Forvorda
        • 6.2.1 Xizi Forvorda Company Profiles
        • 6.2.2 Xizi Forvorda Product Introduction
        • 6.2.3 Xizi Forvorda Traction Wheels Production, Revenue (2015-2020)
        • 6.2.4 SWOT Analysis
      • 6.3 Suzhou Torin
        • 6.3.1 Suzhou Torin Company Profiles
        • 6.3.2 Suzhou Torin Product Introduction
        • 6.3.3 Suzhou Torin Traction Wheels Production, Revenue (2015-2020)
        • 6.3.4 SWOT Analysis
      • 6.4 Suzhou Dengdao
        • 6.4.1 Suzhou Dengdao Company Profiles
        • 6.4.2 Suzhou Dengdao Product Introduction
        • 6.4.3 Suzhou Dengdao Traction Wheels Production, Revenue (2015-2020)
        • 6.4.4 SWOT Analysis
      • 6.5 Kone
        • 6.5.1 Kone Company Profiles
        • 6.5.2 Kone Product Introduction
        • 6.5.3 Kone Traction Wheels Production, Revenue (2015-2020)
        • 6.5.4 SWOT Analysis
      • 6.6 Kinetek
        • 6.6.1 Kinetek Company Profiles
        • 6.6.2 Kinetek Product Introduction
        • 6.6.3 Kinetek Traction Wheels Production, Revenue (2015-2020)
        • 6.6.4 SWOT Analysis
      • 6.7 Shenyang Bluelight
        • 6.7.1 Shenyang Bluelight Company Profiles
        • 6.7.2 Shenyang Bluelight Product Introduction
        • 6.7.3 Shenyang Bluelight Traction Wheels Production, Revenue (2015-2020)
        • 6.7.4 SWOT Analysis
      • 6.8 Hitachi
        • 6.8.1 Hitachi Company Profiles
        • 6.8.2 Hitachi Product Introduction
        • 6.8.3 Hitachi Traction Wheels Production, Revenue (2015-2020)
        • 6.8.4 SWOT Analysis
      • 6.9 Mitsubishi Electric
        • 6.9.1 Mitsubishi Electric Company Profiles
        • 6.9.2 Mitsubishi Electric Product Introduction
        • 6.9.3 Mitsubishi Electric Traction Wheels Production, Revenue (2015-2020)
        • 6.9.4 SWOT Analysis

      7 Conclusion

      Summary:
      Get latest Market Research Reports on Traction Wheels. Industry analysis & Market Report on Traction Wheels is a syndicated market report, published as (Post-pandemic Era)-Global Traction Wheels Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2015-2026. It is complete Research Study and Industry Analysis of Traction Wheels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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