Automotive Front End Module Market Research Report - Forecast to 2030

Automotive Front End Module Market Information by Material (Steel, Composite, Plastic, and Others), by Component (Headlight, Front Grill, Radiator, Condenser, Horn Assembly, Oil Cooler and Others), by Vehicle (Passenger, Commercial) and by Region - Forecast to 2030

ID: MRFR/AM/1484-HCR | August 2022 | Region: Global | 100 Pages         

1. REPORT PROLOGUE

2. INTRODUCTION

2.1. DEFINITION

2.2. SCOPE OF THE STUDY

2.2.1. RESEARCH OBJECTIVE

2.2.2. ASSUMPTIONS

2.2.3. LIMITATIONS

2.3. MARKET STRUCTURE

2.4. MARKET SEGMENTATION

3. RESEARCH METHODOLOGY

3.1. RESEARCH PROCESS

3.2. PRIMARY RESEARCH

3.3. SECONDARY RESEARCH

3.4. MARKET SIZE ESTIMATION

3.5. FORECAST MODEL

4. MARKET DYNAMICS

4.1. DRIVERS & OPPORTUNITIES

4.2. CHALLENGES & RESTRAINTS

4.3. VALUE CHAIN ANALYSIS

4.4. PORTER’S FIVE FORCES ANALYSIS

5. AUTOMOTIVE FRONT END MODULE MARKET, BY MATERIAL

5.1. INTRODUCTION

5.2. STEEL

5.3. COMPOSITE

5.4. PLASTIC

5.5. OTHERS

6. AUTOMOTIVE FRONT END MODULE MARKET, BY COMPONENTS

6.1. INTRODUCTION

6.2. HEADLIGHTS

6.3. FRONT GRILL

6.4. RADIATOR

6.5. CONDENSER

6.6. HORN ASSEMBLY

6.7. OIL COOLER

6.8. OTHERS

7. AUTOMOTIVE FRONT END MODULE MARKET, BY VEHICLE

7.1. INTRODUCTION

7.2. PASSENGER

7.3. COMMERCIAL

8. AUTOMOTIVE FRONT END MODULE MARKET, BY REGION

8.1. INTRODUCTION

8.2. NORTH AMERICA

8.2.1. U.S.

8.2.2. CANADA

8.2.3. MEXICO

8.2.4. REST OF NORTH AMERICA

8.3. EUROPE

8.3.1. U.K.

8.3.2. GERMANY

8.3.3. FRANCE

8.3.4. REST OF EUROPE

8.4. ASIA–PACIFIC

8.4.1. CHINA

8.4.2. INDIA

8.4.3. JAPAN

8.4.4. REST OF ASIA-PACIFIC

8.5. ROW

8.5.1. BRAZIL

8.5.2. RUSSIA

8.5.3. OTHERS

9. COMPANY LANDSCAPE

9.1. INTRODUCTION

9.2. COMPETITIVE STRATEGY ANALYSIS

10. COMPANY PROFILE

10.1. Mahle GmbH

10.1.1. COMPANY OVERVIEW

10.1.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.1.3. FINANCIAL UPDATES

10.1.4. KEY DEVELOPMENTS

10.2. Faurecia SA

10.2.1. COMPANY OVERVIEW

10.2.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.2.3. FINANCIAL UPDATES

10.2.4. KEY DEVELOPMENTS

10.3. Denso Corporation

10.3.1. COMPANY OVERVIEW

10.3.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.3.3. FINANCIAL UPDATES

10.3.4. KEY DEVELOPMENTS

10.4. Calsonic Kansei Corporation

10.4.1. COMPANY OVERVIEW

10.4.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.4.3. FINANCIAL UPDATES

10.4.4. KEY DEVELOPMENTS

10.5. Hbpo Group

10.5.1. COMPANY OVERVIEW

10.5.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.5.3. FINANCIAL UPDATES

10.5.4. KEY DEVELOPMENTS

10.6. Magna International Inc.

10.6.1. COMPANY OVERVIEW

10.6.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.6.3. FINANCIAL UPDATES

10.6.4. KEY DEVELOPMENTS

10.7. Hyundai Mobis

10.7.1. COMPANY OVERVIEW

10.7.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.7.3. FINANCIAL UPDATES

10.7.4. KEY DEVELOPMENTS

10.8. Plastic Omnium

10.8.1. COMPANY OVERVIEW

10.8.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.8.3. FINANCIAL UPDATES

10.8.4. KEY DEVELOPMENTS

10.9. SL Corporation

10.9.1. COMPANY OVERVIEW

10.9.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.9.3. FINANCIAL UPDATES

10.9.4. KEY DEVELOPMENTS

10.10. Valeo S.A

10.10.1. COMPANY OVERVIEW

10.10.2. INDUSTRY /BUSINESS SEGMENT OVERVIEW

10.10.3. FINANCIAL UPDATES

10.10.4. KEY DEVELOPMENTS

11. MRFR CONCLUSION

12. APPENDIX

LIST OF TABLES

Table 1 Global Automotive Front End Module Market: By Material, 2020-2027 (USD Billion)

Table 2 Steel: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 3 Composite: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 4 Plastic: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 5 Others: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 6 Global Automotive Front End Module Market: By Component, 2020-2027 (USD Billion)

Table 7 Headlight: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 8 Front Grill: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 9 Radiator: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 10 Condenser: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 11 Horn Assembly: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 12 Oil Cooler : Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 13 Others: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 14 Global Automotive Front End Module Market: By Vehicle, 2020-2027 (USD Billion)

Table 15 Passenger: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 16 Commercial: Automotive Front End Module Market, By Region, 2020-2027 (USD Billion)

Table 17 Global Automotive Front End Module Market: By Region, 2020-2027 (USD Billion)

Table 18 North America: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 19 North America: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 20 North America: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 21 North America: Automotive Front End Module Market, By Country, 2020-2027 (USD Billion)

Table 22 U.S.: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 23 U.S.: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 24 U.S.: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 25 Canada: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 26 Canada: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 27 Canada: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 28 Rest of North America: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 29 Rest of North America: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 30 Rest of North America: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 31 Europe: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 32 Europe: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 33 Europe: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 34 Europe: Automotive Front End Module Market, By Country, 2020-2027 (USD Billion)

Table 35 U.K.: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 36 U.K.: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 37 U.K.: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 38 Germany: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 39 Germany: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 40 Germany: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 41 France: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 42 France: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 43 France: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 44 Italy: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 45 Italy: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 46 Italy: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 47 Rest of Europe: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 48 Rest of Europe: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 49 Rest of Europe: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 50 Asia-Pacific: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 51 Asia-Pacific: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 52 Asia-Pacific: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 53 Asia-Pacific: Automotive Front End Module Market, By Country, 2020-2027 (USD Billion)

Table 54 China: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 55 China: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 56 China: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 57 India: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 58 India: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 59 India: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 60 Japan: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 61 Japan: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 62 Japan: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 63 Rest of Asia-Pacific: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 64 Rest of Asia-Pacific: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 65 Rest of Asia-Pacific: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 66 ROW: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 67 ROW: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 68 ROW: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 69 ROW: Automotive Front End Module Market, By Country, 2020-2027 (USD Billion)

Table 70 Brazil: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 71 Brazil: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 72 Brazil: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 73 Russia: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 74 Russia: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 75 Russia: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 76 Others: Automotive Front End Module Market, By Material, 2020-2027 (USD Billion)

Table 77 Others: Automotive Front End Module Market, By Component, 2020-2027 (USD Billion)

Table 78 Others: Automotive Front End Module Market, By Vehicle, 2020-2027 (USD Billion)

Table 79 Automotive Front End Module, by Region, 2020-2027 (Units)

Table 80 Automotive Front End Module, by Key players, 2020-2027 (Units)



LIST OF FIGURES

FIGURE 1 Global Automotive Front End Module market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Automotive Front End Module Market

FIGURE 4 Value Chain of Global Automotive Front End Module Market

FIGURE 5 Global Automotive Front End Module Market: By Material, 2020-2027 (USD Billion)

FIGURE 6 Global Automotive Front End Module Market: By Component, 2020-2027 (USD Billion)

FIGURE 7 Global Automotive Front End Module Market: By Vehicle, 2020-2027 (USD Billion)

FIGURE 8 Global Automotive Front End Module Market: By Region, 2020-2027 (USD Billion)

FIGURE 9 North America Automotive Front End Module Market: By Country, 2020 (%)

FIGURE 10 Europe Automotive Front End Module Market: By Country, 2016 (%)

FIGURE 11 Asia-Pacific Automotive Front End Module Market: By Country, 2020 (%)

FIGURE 12 ROW Automotive Front End Module Market: By Country, 2020 (%)

FIGURE 13 Automotive Front End Module, by Region, 2020 (%)

FIGURE 14 Automotive Front End Module, by Key players, 2020 (%)

FIGURE 15 Market Development Analysis, 2020-2027 (%)

Automotive Front End Module Market

Automotive Front End Module Market size is anticipated to register a CAGR of 5.8% between 2022 and 2030 to reach an approximate value of USD 1,21,080 Million by 2030.

Segmentation

By Material Steel Composite Plastic And Others
By Component Headlight Front Grill Radiator Condenser Horn Assembly Oil Cooler And Others
By Vehicle Passenger Commercial

Key Players

  • Mahle GmbH
  • Faurecia SA
  • Denso Corporation
  • Calsonic Kansei Corporation
  • Hbpo Group
  • Magna International Inc.
  • Hyundai Mobis
  • Plastic Omnium
  • SL Corporation
  • Valeo S.A

Drivers

  • Polypropylene are used in the vehicles
  • Increase the fuel efficiency and performance
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Automotive Front end Module Market Overview


The automotive front-end module market is anticipated to register a CAGR of over 5.8% during the forecast period ending in 2030. The front-end modules were mostly designed and fabricated with weighted steel materials. However, in the current scenario lightweight composite materials, like polypropylene, glass mat thermoplastic, long fiber thermoplastic (LFT), direct LFT aluminum, etc. are used in manufacturing front-end modules. Skyworks Solutions of Woburn, in the United States, has designed front-end modules that provide wireless technology for the Internet of Things (IoT) technology and GPS-enabled tracking products. Tracking is becoming an increasingly vital opportunity, as the Internet of Things explosion proliferates and encompasses a wide range of new and previously unimagined applications, ranging from smart meters and connected vehicles to security systems. The combination of IoT with front-end module products is said to propel the market for front-end modules at a significant pace over the forecast period.


COVID 19 Analysis


The outbreak of the COVID-19 pandemic has spread across the globe. In March 2020, the declaration of coronavirus as a pandemic by the WHO has resulted in lockdowns being implemented in many countries. The strict restrictions that have been imposed by government authorities have compelled industry players to let their employees to work remotely and in a virtual manner. However, the adoption of automated developed technologies to lesson human interaction in manufacturing and production facilities is expected to support the widespread growth of the global earthmoving equipment market during the forecast period that will be ending in 2030. The widespread use of technologies, including automated machinery and advanced electronics, has not only ensured the continuous running of businesses during the pandemic but has further improved work productivity.


The growing degree of sales of excavators and related products is likely to play a main role in generating revenue for the earthmoving equipment industry. The growth of the demand for the products can be attributed to their high usage in the construction of commercial and residential buildings. The market report shows that there has been an increased demand for the products and hence, the losses during the pandemic are likely to be covered in the period. The fluctuating degree of sales of excavators is further expected to hamper the global growth of the earthmoving equipment market over the projected timeframe.


Market Dynamics



  • Drivers


A front-end module (FEM) is a main structural component of automobiles, offering support and safety in the event of an accident, in addition to functional features, such as air cooling, heating, lighting, exterior styling, and aesthetics.


Traditionally, front-end modules had hefty steel carriers. But with the rising focus on reducing the weight of the vehicles in the past few years has led to increasing usage of lightweight composites, instead of steel and iron, for the structural carriers of FEMs.


The demand for lightweight materials from automakers has significantly grown over the decade, owing to the enactment of stringent emission standards. As lightweight auto parts reduce the overall weight of the vehicles, it can, in turn, reduce CO2 emissions and expense. Experimenting with front-end module materials in auto parts has predominately contributed to achieving 20%-30% of vehicle weight reductions.



  • Restraints


However, the automotive frond end module market value is likely to be hampered during the ongoing forecast period that will be ending in 2028. The trends suggest that the global market is likely to witness a decline in sales due to the outbreak of the virus which has targeted the employment of people. Also, the capacity of the people to spend their disposable income has declined which is likely to give a hard growth to the market during the ongoing forecast period.



  • Technology Analysis


Composites have experienced widespread use in the automotive industry, owing to their ever-higher strength-to-weight ratios, corrosion resistivity, and workability characteristics. They are replacing metal in various automotive applications, because of their light-weight but durable nature, which contribute to lesser fuel consumption. With the growing automotive industry and the rising need for materials that may help to save fuel consumption, the market for composite front-end modules is poised to continue to grow during the forecast period.


In recent times, several vehicles are launched in the market with front-end modules made of composite materials. The currently launched Hyundai and two small segment cars from Mercedes use a lightweight front end construction that allows for the integration of additional functionality in components, which in turn saves assembly time, reduces costs, and decreases mass. Carriers for all three vehicles make use of injection-moulded pelletized LFT-PP.


Market Segmentation


The automotive front end modules market has been divided all across the globe based on the segments that are mentioned as follows:


Based on the vehicle type


The automotive front end module market has been segmented based on the demands related to passenger cars, light commercial vehicle, and heavy commercial vehicle.


Based on the raw material type


The raw material type segment of the automotive front end module market includes metal and composite.


Based on the Region


The market has been divided worldwide based on region into the North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region.


Regional Analysis


The automotive front end modules market has been segmented all across the globe based on the region into the North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. Being the fastest-emerging nation, the largest equity share in the global market is held by the Asia-Pacific region owing to increasing sales of electric vehicles coupled with increasing development in automotive infrastructure drives the market demand in this region. Moreover, the growing demand for electrification in vehicles is another factor that creates growth opportunities in this region.


The second-largest market share belongs to the North American region owing to the presence of countries like the US, Canada, and Mexico that drive the market demand in this area. Moreover, increasing competition among various major key players coupled with a rising investment made by the public and private sector are some factors that create more market demand in this region.


The third-largest market share in the global market is held by the European region owing to the presence of a well-established technologically advanced infrastructure that generates more market demand for automotive vehicles in this region. Increasing investment made by various major key players is yet another factor that drives the market demand in this region.


The Latin American region and the Middle East and African region show the least equity share due to the presence of low infrastructure in both these regions.


Competitive Landscape


The most prominent major key players in the automotive front end modules market all across the globe are mentioned below:



  • Denso Corporation

  • Plastic Omnium Group

  • Faurecia SA

  • Magna International

  • HBPO Group


These major key players use various strategies to sustain their market position in the automotive front end modules market in the global market by going for mergers, and acquisitions, collaborating, setting up a new joint venture, establishing a partnership, developing a new product line, innovation in the existing product, developing a unique production process, and many others to expand their customer base in the untapped market of the automotive front end modules market all across the globe.


Recent Developments


Plastic Omnium has further strengthened its automotive FEM market presence in the country after the acquisition of Faurecia’s Exterior System business in July 2016


Also, in June 2017, Valeo North America officials announced the investment of USD 25 million to expand its operation in Smyrna, Tennessee, the United States. The Smyrna plant will add 130,000 square feet to the present space. The plant produces front-end modules, active grill shutters, and HVAC products.


Various players around the world are investing in new R&D projects, making joint ventures, and partnerships for being ahead in the competition. For instance, in March 2018, Mahle Group sold its equities in the Hella Behr Plastic Omnium (HBPO) joint venture to Plastic Omnium. HBPO specializes in the assembly, logistics, development and design of front-end modules, which has bumpers, lighting systems, and cooling components.


Report Overview


The report for the automotive front end module market has been prepared after extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts. The key opinion leaders are mentioned to get a deeper insight into the market and industry performance. The report gives a clear picture of the present market scenario which includes the historical and projected market size in terms of value, technological advancement, macroeconomic, and governing factors in the market. The report hands over information and strategies that are a part of the top key players in the industry. The report also helps in providing a wide study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 1,21,080 Million
  CAGR   5.80% CAGR (2020-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Material, by Component, by Vehicle
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Mahle GmbH, Faurecia SA, Denso Corporation, Calsonic Kansei Corporation, Hbpo Group, Magna International Inc., Hyundai Mobis, Plastic Omnium, SL Corporation, and Valeo S.A.
  Key Market Opportunities   Increase the fuel efficiency and performance
  Key Market Drivers   Polypropylene are used in the vehicles


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Frequently Asked Questions (FAQ) :

2022 to 2030 is the growth period of the market.

The market will be expanding at a CAGR of about 5.8% as per the experts.

North America, Europe, Asia-Pacific, and ROW are the key regions for the market share in the study.

Material, component, vehicle type are the segments of the market involved in the market research.

Asia-Pacific is the major regions for the automotive front end module market.