PUBLISHER: Lucintel | PRODUCT CODE: 1107145
PUBLISHER: Lucintel | PRODUCT CODE: 1107145
Titanium in the Global Automotive Market Trends and Forecast
The future of titanium in the global automotive market looks promising with opportunities in the luxury cars and sport cars segments. Titanium in the global automotive market is expected to grow at a CAGR of 4.3% from 2021 to 2027. The major drivers for this market are increasing demand for titanium in sports and luxury cars, rapid technological advancement, and growth in the high-performance vehicle production.
Emerging Trends of Titanium in the Global Automotive Market
Emerging trends, which have a direct impact on the dynamics of the industry, include growing utilization of titanium in electric vehicle and increasing application of titanium in suspension spring and brake calipers.
A total of 95 figures / charts and 72 tables are provided in this 135-page report to help in your business decisions. To learn the scope, benefits, companies researched, and other details of the titanium in the global automotive market report, please download the report brochure.
Titanium in the Global Automotive Market by Segments
Lucintel forecasts that titanium for exhaust system in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for titanium in the global automotive market by application, vehicle type, and region, as follows:
Titanium in the Global Automotive Market by Application Type [Value ($ Million) and Volume (Million Pound) from 2016 to 2027]:
Titanium in the Global Automotive Market by Vehicle Type [Value ($Million) and Volume (Million Pound) from 2016 to 2027]:
Titanium in the Global Automotive Market by Region[Value ($ Million) and Volume (Million Pound) from 2016 to 2027]:
List of Titanium in the Global Automotive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies titanium companies in the global automotive market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the titanium companies in the global automotive market profiled in this report includes.
Titanium in the Global Automotive Market Insights
Features of Titanium in the Global Automotive Market
FAQ
Q1. What is titanium in the global automotive market size?
Answer: Titanium in the global automotive market is expected to reach an estimated $0.25 billion by 2027.
Q2. What is the growth forecast for titanium in the global automotive market?
Answer: Titanium in the global automotive market is expected to grow at a CAGR of 4.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of titanium in the global automotive market?
Answer: The major drivers for this market are increasing demand for titanium in sports and luxury cars, rapid technological advancement, and growth in the high-performance vehicle production.
Q4. What are the major vehicle types or end use industries for titanium in the global automotive?
Answer: Sports car is the major segment by vehicle type for titanium in the global automotive.
Q5. What are the emerging trends of titanium in the global automotive market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing utilization of titanium in electric vehicle and increasing application of titanium in suspension spring and brake calipers.
Q6. Who are the key titanium companies in the global automotive market?
Answer: Some of the key titanium companies in the global automotive market are as follows:
Q7.Which product segment of titanium in the global automotive market will be the largest in future?
Answer: Lucintel forecasts that titanium for exhaust system in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to increasing demand for vehicle production and increasing titanium content per vehicle.
Q8: In titanium in the global automotive market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region due to increasing use of titanium content per vehicle coupled with the high production of luxury and formula-1 race cars. North America is expected to witness significant growth over the forecast period because of growing sports and luxury cars production and increasing utilization of titanium in high-performance vehicle designs.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.