PUBLISHER: Lucintel | PRODUCT CODE: 1154065
PUBLISHER: Lucintel | PRODUCT CODE: 1154065
Automotive Bumper Market Trends and Forecast
The future of the global automotive bumper market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The global automotive bumper market is expected to reach an estimated $37.3 billion by 2027 and it is forecast to grow at a CAGR of 4.9% from 2021 to 2027. The major drivers of growth for this market are growth in vehicle production, and increase in demand for lightweight bumpers.
Emerging Trends in the Automotive Bumper Market
Emerging trends, which have a direct impact on the dynamics of the industry, include the increasing use of thermoplastic olefin, introduction of materialize stereo lithography, and development of bumpers made with recycled plastics.
A total of 116 figures / charts and 82 tables are provided in this 182-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive bumper market report.
Automotive Bumper Market by Segments
Lucintel forecasts that standard bumper segment will remain the largest segment by product type and is expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive bumper market by product type, vehicle type, material, end user, and region, as follows:
Automotive Bumper Market by Product Type ($ Billion Shipment Analysis from 2016 to 2027):
Automotive Bumper Market by Vehicle Type ($ Billion Shipment Analysis from 2016 to 2027):
Automotive Bumper Market by Material ($ Billion Shipment Analysis from 2016 to 2027):
Automotive Bumper Market by End User ($ Billion Shipment Analysis from 2016 to 2027):
Automotive Bumper Market by Region ($ Billion Shipment Analysis from 2016 to 2027):
List of Automotive Bumper 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 automotive bumper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive bumper companies profiled in this report includes.
Automotive Bumper Market Insights
Features of the Global Automotive Bumper Market
FAQ
Q1. What is the automotive bumper market size?
Answer: The global automotive bumper market is expected to reach an estimated $37.3 billion by 2027.
Q2. What is the growth forecast for automotive bumper market?
Answer: The automotive bumper market is expected to grow at a CAGR of 4.9% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the automotive bumper market?
Answer: The major drivers for this market are growth in vehicle production and sales and increase in demand for lightweight bumpers.
Q4. What are the major vehicle type or end use industries for automotive bumper?
Answer: OEM is the major segment by end user for automotive bumper.
Q5. What are the emerging trends in automotive bumper market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include the increasing use of thermoplastic olefin, introduction of materialize stereo lithography, and development of bumpers made with recycled plastics.
Q6. Who are the key automotive bumper companies?
Answer: Some of the key automotive bumper companies are as follows:
Q7. Which automotive bumper segment will be the largest in future?
Answer: Lucintel forecasts that standard bumper segment is expected to witness the highest growth over the forecast period as these bumpers delivers are used in most of the vehicles or cars.
Q8 : In automotive bumper market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest market due to increased vehicle production and development of emerging technologies and in engineering lightweight automotive bumper have driven the demand for bumper in the European region. Asia Pacific and ROW are expected to witness significant growth over the forecast period owing to expansion of global automotive manufacturers in this region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.