Automotive Front End Module Market To Reach US$ 122 Bn Value by The End of 2022

A freshly compiled business intelligent report, titled “Automotive Front End Module Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Front End Module” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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The automotive front end market is riding on the coattails of industry-wide shift toward lighter, efficient, and aesthetically-pleasing features. As automotive front end module garner consumer attention, an opportunity to capture profit potential is in the offing for automakers and suppliers. Modular front ends have modernized the design and assembly of passenger vehicles. OEM production lines from around the world are discarding the conventional piecemeal assembly method, and instead, opting for front-end modules.

Growing preference to cars built on monocoque architecture is influencing the adoption of automotive front-end modules as they fit well on unibody chassis. Manufacturers of front-end modules are witnessing surplus demand as many OEMs are eliminating their assembly-line steps by outsourcing the entire front end of their vehicle offerings. While their presence in production of compact & mid-size cars is prevalent, automotive front end modules are yet to gain steadfast application in body-on-frame construction of SUVs and large commercial vehicles.

Front end modules are ultra-small built-in modules integrated with various functional components used in wireless front end circuits, such as LTE, Wi-Fi, Bluetooth, and GPS. Murata offers various front end modules for devices and functions, such as modules integrated with filters, RF switches and matching circuits.

Scope

The scope of the report is to analyze the global automotive front end module market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive front end modules manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Composite materials beat both plastic and metal by a substantial margin

It certainly seems like the automotive front end module market is moving towards relying almost entirely on composite materials as this segment should grow to US$ 71 billion in 2022. The contribution of the APEJ region with respect to composite materials in the automotive front end module market is forecast to rise to US$ 35 billion within the next five years. Even the metal segment will witness some growth in the automotive front end module market. With a sluggish CAGR from 2017-2022, metals are estimated to be of relatively lower worth by 2022 in the automotive front end module market. Plastics should be somewhere between composite materials and metals in terms of value because the plastic segment is projected to gain more traction by the end of 2022.

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OEM’s twice the size of aftermarket channel in automotive front end module market

The OEM channel is likely to grow by US$ 20 billion in the five-year span of the study. The OEM channel will account for largest revenue share of the automotive front end module market. On the other hand, the aftermarket channels are only foreseen to grow to an impressive market value by the end of 2022. Thus, it is recommended that major players in the automotive front end module market target the OEM channel as opposed to the aftermarket one.

Competition Tracking

The report has also profiled key manufacturers of automotive front end modules, which include companies such as Murata manufacturing Co. ltd., Faurecia SA, Denso Corp., MAHLE GmbH, HBPO Group, Magna International Inc., Hyundai Mobis, Plastic Omnium Group, Samvardhana Motherson Automotive Systems Group, SL Corporation, Valeo S.A., and Montaplast GmbH.

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