Global Vehicle Pillars Market Is Predicted To Grow At A CAGR Of 5.46% By 2027

Pune, India, December 19, 2017 /MRFR Press Release/- Market research future published a cooked research report on global vehicle pillars market. The vehicle pillars market is expected to grow at 5.46% CAGR during the period 2017 to 2023.


Market Highlights


The global vehicle pillars market is very dynamic, and is expected to witness significant growth over the forecast period. Vehicle pillars is one of the most crucial part vehicles which has been gaining a lot of attention among the major vehicle manufacturers. Vehicle pillars are essentially vertical supports for a cars window area. Moving from the front to the rear the vehicle pillars are designated as A, B, C and D. These alphabetical designations of the pillars prove to be essential during a design discussion and critical communication.


Automotive industry is diversifying at a greater speed as manufacturers and suppliers race to produce lighter and more powerful vehicles in lesser time. Alternative fuels, new lightweight materials and innovative technology are transforming the manufacturing process of automotive industry. With the global economy undergoing an unprecedented level shift, major emerging countries such as China, India, Thailand, and Indonesia are becoming manufacturing hubs for global automotive players. The income levels of individuals have been steadily increasing, also resulting in the rise in their disposable income, pushing the market towards growth. The currently booming automotive industry, combined with steadily increasing disposable income, is expected to contribute significantly in the growth of the market.


Browse Full Report @ https://www.marketresearchfuture.com/reports/vehicle-pillar-market-5030


Market Drivers

Vehicle Pillar Market Drivers


Market Research Analysis


Geographically, global vehicle pillar market has been segmented as North America, Europe, Asia-Pacific and Rest of the World. Among the aforementioned regions, Asia Pacific region has accounted the largest market share of 33.57% followed by North America. The growth of the Asia-Pacific region can be attributed to the increase in adoption of passenger cars and therefore, the increase in adoption of Vehicle Pillar in the passenger cars. The recent shift in the preference from mileage to looks and features is also expected to result in the high demand for Vehicle Pillar. In North America, the market for Vehicle Pillar is expected to grow with an increase in demand for automobile, majorly in the United States. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles there is a subsequent increase in demand for vehicle pillar market.


Scope of the Report


This study provides an overview of the global vehicle pillars market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global vehicle pillars market by pillar type, by vehicle type, by end market and by regions.


By Pillar Type


  • A Pillar

  • B Pillar

  • C Pillar

  • D Pillar


By Vehicle Type


  • Passenger Vehicles

  • Commercial Vehicles


By End Market


  • OEMs

  • Aftermarket


By Regions


  • North America 

  • Asia Pacific 

  • Europe

  • Rest of the World  


Key Players


The prominent players in the vehicle pillar market include Unipres Corporation (Japan), Kirchhoff Automotive Gmbh (Germany), Tianjin Toyotetsu Automobile (Japan), Toyotomi Kiko Co (Japan), G-Tekt Corporation (Japan), Martinrea International (Canada), Aisin Seiki (Japan), Tower International (US), Shiloh Industries (US), Benteler automotive (US), Gestamp (Spain), Sewon America (US), Elsa Llc (US).


 

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Pages 135
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