Press release
Lightweight Body Panel Market 2018 Key Players Analysis To 2023: Austem, ArcelorMittal, Hwashin, BASF, Alcoa, Plastic Omnium, Magna, ThyssenKrupp, And Kuante Auto
Lightweight Body Panel market is very dynamic, and is expected to witness significant growth over the forecast period. Global Automotive Light Weight Body Panel Market Information segmented by Material (Metal, Polymer & Composites, Rubber and Other), By Component (Bumpers, Door panel, Roof and Other), By Application (Commercial vehicle and Passenger vehicle) and By Region.
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Key Company Analyzed For This 111 Pages Research Report:
Austem Company Ltd (Korea), ArcelorMittal S.A. ( Luxembourg), Hwashin Tech Co Ltd (South Korea), BASF SE (Germany), Alcoa Corporation (U.S.), Plastic Omnium (France), Magna International Inc (Canada), ThyssenKrupp AG (Germany), Kuante Auto Parts Manufacture Co. Limited(China).
Light Weight Body Panel Global Market Analysis:
Stringent government regulations to meet fuel emission standards, advancement in technology, increased focus of manufacturers on automotive light weighing vehicles, are some of the factors driving the market of automotive Light weight body panels. However, high costs associated with light weighting materials are hindering its widespread adoption and this is likely to restrict market growth over the forecast period.
Light weight body panels play an important role in improving fuel economy and performance of vehicles by reducing the overall weight of the vehicle. The increase in the development of technology in automotive industry, and the global automotive production along with an increasing focus on light weighting of vehicles, are some of the factors which help in the market growth automotive light weight body panels. Manufacturers are mainly focusing on adopting lightweight body panels in vehicles to fulfil government regulations concerning greenhouse gas emissions.
There exists a rapidly rising demand for fuel efficient vehicle in the across the globe. With manufacturers focusing on development of lightweight components for automobiles specifically the increasing usage of carbon fibre and other lightweight material in order to enhance a vehicles fuel efficiency the market for Light Weight Body Panel is set to witness a steep increase in demand. On the other hand stringent government policies in the form of emission taxes and penalties and overall growing awareness regarding the environment is expected aid the growth of Light Weight Body Panels. With manufacturers investing in development of high end lightweight body panel to be integrated in vehicles to reduce overall weight of the vehicle, the market is poised for rapid growth during the forecast period.
Light Weight Body Panel Market Segmentation:
The Global Light Weight Body Panel Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material: Comprises Metal, Polymer & Composites, Rubber and Other.
Segmentation by Component: Comprises Bumpers, Door panel, Roof and Other.
Segmentation by Application: Comprises Commercial vehicle and Passenger vehicle.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Light Weight Body Panel Market Regional Analysis:
Automotive light weight body panel market in North America is expected to dominate the global market during the forecast period, owing to the presence of major manufacturers such as Ford Motor Company and Fiat Chrysler Automobiles N.V. Lightweight automotive body panel production, stringent regulations to meet fuel emission, are also some factors driving the market towards growth. Moreover, the region follows high automotive safety regulations. The growth in Asia-Pacific automotive lightweight body panel market is forecast due to the rise in production of automobiles and a subsequent rise in the demand for fuel efficient vehicles. Countries such as China, Japan, and South Korea contribute majorly in this market.
Major Table of Content:
TABLE 1 GLOBAL AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY MATERIAL
TABLE 2 GLOBAL AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY COMPONENTS
TABLE 3 GLOBAL AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY APPLICATION
TABLE 4 GLOBAL AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY REGIONS
TABLE 5 NORTH AMERICA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY MATERIAL
TABLE 6 NORTH AMERICA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY COMPONENTS
TABLE 7 NORTH AMERICA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY APPLICATION
TABLE 8 U.S. AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY MATERIAL
TABLE 9 U.S. AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY COMPONENTS
TABLE 10 U.S. AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY APPLICATION
TABLE 11 CANADA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY MATERIAL
TABLE 12 CANADA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY COMPONENTS
TABLE 13 CANADA AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY APPLICATION
TABLE 14 EUROPE AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY MATERIAL
TABLE 15 EUROPE AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY COMPONENTS
TABLE 16 EUROPE AUTOMOTIVE LIGHT WEIGHT BODY PANEL MARKET, BY APPLICATION
Continued…
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