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Industrial Wheels in the US Procurement Price, Data and Insights
This report is intended to assist buyers of industrial wheels. Industrial wheels include impeller wheels, flywheels, pulleys and cogwheels (gears). These products are widely used as parts of internal combustion engines in automobiles, commercial vehicles and airplanes, as well as in stand-alone engines such as generators. Industrial wheels can be used in a range of applications, and they are available in a variety of sizes and specifications. Common buyers include automobile and truck manufacturers, auto parts wholesalers and construction and energy companies.
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What’s included in this market coverage
IBISWorld's research coverage on the Industrial Wheels procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Industrial Wheels market in the United States includes Impeller Wheels, Flywheels, Pulleys, Cogwheels and Pneumatic Wheels. Standard coding in this coverage includes HS-8483-Transmission Shafts (Including Cam And Crank) And Cranks; Bearing Housings And Plain Shaft Bearings; Gears And Gearing; Ball Or Roller Screws; Gear Boxes And Other Speed Changers; Flywheels And Pulle, ISIC-2814-Manufacture of bearings, gears, gearing and driving elements, NACE-28.15-Manufacture Of Bearings, Gears, Gearing And Driving Elements, NAICS-333612-Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing and UNSPSC-31171800-Industrial wheels.
What common market terminology is included?
Common market terminology included in the Industrial Wheels procurement coverage includes Flywheel (A device used to store and release rotational energy. Flywheels are commonly used to regulate the transfer of energy from the engine to the transmission in internal combustion engines.), Idler Wheel (A drive system, usually a gear that is used to convey power from one gear to another. An idler wheel can also be used to change the direction or speed from the input gear to the output gear.), Impeller Wheel (A bladed rotor wheel used to increase or decrease the pressure of a fluid or gas.), Original Equipment Manufacturer (OEM) (Original equipment manufacturers fabricate parts to be sold to an auto maker that are then used as part of their final product.) and Turbocharger (A device that compresses incoming air into an engine, increasing the amount of fuel the engine can burn and improving performance.).
What companies are included as top suppliers?
The top companies covered in the Industrial Wheels procurement report as suppliers are Altra Industrial Motion Corp., Allison Transmission Holdings, Inc., American Axle & Manufacturing Holdings, Inc., Borgwarner Inc. and W.W. Grainger, Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Industrial Wheels market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per wheel, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Industrial Wheels market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Industrial Wheels procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Industrial Wheels market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Industrial Wheels market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Industrial Wheels?
The 2026 benchmark market price for Industrial Wheels is $363 per wheel. Prices have increased at a CAGR of 1.32 from 2023-26.
Who are the top vendors in the Industrial Wheels market?
The top vendors in the Industrial Wheels market include Altra Industrial Motion Corp., Allison Transmission Holdings, Inc., American Axle & Manufacturing Holdings, Inc., Borgwarner Inc. and W.W. Grainger, Inc..
What industries supply the Industrial Wheels market?
The top industries supplying the Industrial Wheels market are Aluminum Manufacturing in the US, Mineral Product Manufacturing in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Metalworking Machinery Manufacturing in the US, Structural Metal Product Manufacturing in the US, Plastic & Resin Manufacturing in the US, Petroleum Refining in the US, Rubber Product Manufacturing in the US and Plastics & Rubber Machinery Manufacturing in the US.
What is the supply chain risk for Industrial Wheels?
Low market share concentration supports buyer leverage and competitive pricing. The industrial wheels market is fragmented, with many small to mid-sized suppliers competing across regions. This low concentration gives buyers significant negotiating leverage, as no single vendor controls a dominant market share. Intense competition helps limit supplier pricing power and increases the likelihood of competitive bids. Buyers can further capitalize on this structure by exploring multi-supplier arrangements and benchmarking across vendors to secure favorable pricing and service terms.
What factors affect the price of Industrial Wheels?
Warranty and support services enhance the perceived value of industrial wheels by assuring buyers of product reliability and longevity. For instance, a supplier offering a five-year warranty on flywheels may charge 10-15% more than competitors with one-year warranties, as buyers prioritize long-term performance and reduced operational risks.
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