ID: MRFR/AM/1484-HCR | February 2021 | Region: Global | 100 pages
The report for Global Automotive Front end module Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
The key players of Global Automotive Front end module Market report include- Mahle GmbH, Faurecia SA, Denso Corporation, Calsonic Kansei Corporation, Hbpo Group, Magna International Inc., Hyundai Mobis, Plastic Omnium, SL Corporation, and Valeo S.A.
Asia-Pacific is the major regions for the market. Asia-Pacific is expected to show significant growth in market. Emerging economies like China, India, are expected to drive the market due to increasing demand for vehicles, increasing middle class disposable income & purchasing power is expected to drive the market for automotive front end module. European region is expected to witness the moderate demand because of the market maturity.
The report covers brief analysis of country level market information –
Automotive front end module are multipiece assemblies that integrate the large number of parts such as forward light, radiator and colling fans, bumpers, air conditioning condensers, and others. Rising demand for reduction in weight for vehicles and increasing demand for technically advanced light weight front end modules are expected to surge the demand for the automotive front end module. As the structure of the modular FEM can be standardized which allows common design to be used in multiple models hence leads to cost saving. Also, FEMs can be installed late in the assembly sequence which saves time and cost during the manufacturing process of the vehicle. As per trend, light weight composites FEM such as polypropylene are used in the vehicles to increase the fuel efficiency and performance of the vehicle which in turn expected to contribute in the growth of the market.
The global automotive front end module market is expected to show a growth at CAGR of about 6% from 2016 to 2022.
Study Objectives of Global Automotive Front end module Market
|Market Size||2027: Significant Value|
|CAGR||6% CAGR (2020-2027)|
|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|
Frequently Asked Questions (FAQ) :
2016 to 2022 is the growth period of the market.
The market will be expanding at a CAGR of about 6% 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.