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Automotive Bumper Market - 2018 Global Key Country, Leading Companies Analysis To 2023: Toyota Boshoku, Plastic Omnium, Magna, Toyoda Gosei, SMP Deutschland, Yanfeng, JiangNan Mould, Venture Otto, NTF and Fab Fours
“Automotive Bumper Market 2018 - Global Industry Analysis To 2023 is latest research report” on Automotive Bumper Industry, published by “Market Research Future”, Global Automotive Bumper Market to Scale at CAGR of 4.5% during the Forecast Period of next 4 years. Automotive Bumper Market size, share, merger and acquisition, key country analysis, with global market historic and forecast data to 2023, is included in report.Report provides comprehensive information on Global Automotive Bumper Market by Material (Composite Plastic, Metal and Fiber), By Positioning (Front ends and Rear ends), By End Market (OEM and Aftermarket) and Region.
Get Sample Copy of “Automotive Bumper Market Research Report- Forecast 2023” At: https://www.marketresearchfuture.com/sample_request/3774
Automotive Bumper Market Key Company Reviewed in Report:
Toyota Boshoku Corporation (Japan), Plastic Omnium (France), Magna International, Inc. (Ontario), Toyoda Gosei Co., Ltd (Japan), SMP Deutschland GmbH (Germany), Yanfeng Plastic Omnium automotive Exterior Systems Co. Ltd (Shanghai), JiangNan Mould & Plastic Technology Co., Ltd. (Japan), Venture Otto SA (Pty) Ltd. (South Africa), NTF (India) Private Ltd (India) and Fab Fours, Inc. (U.S.).
Automotive Bumper Market Synopsis:
Bumper is the one of the important structures in the vehicle. The bumper design must be flexible enough to reduce the passenger and occupant injury and stay intact in low-speed impact. It is designed to prevent and reduce physical damage to the front and rear ends of the vehicles.
According to the International Organization of Motor Vehicle Manufacturers 2016 statistics, global cars numbered 72,105,435 while commercial vehicles totaled 22,871,134. The global vehicles volume grew by a healthy 4.5 % over the 2015 year. The growing demand for lightweight vehicles owing to increasing income has triggered the market demand.
The growing incomes around the world coupled with secondary drivers such as aging population is driving the demand for cars. Cars account for more than 60 % of the total auto bumper market. The global car production is projected to rise by an annual average rate of 3.5 % during the period from 2016 to 2017 driving the automotive bumper market.
Additionally, it has been observed that in North America and Europe, the government have made regulation on per miles average of vehicles and as per European automotive associations and US Corporate Average Fuel Economy (CAFE) standards, the amendments have been made for vehicles average, which ensures that vehicles must give average of around 34 miles per gallon. However, due to all the above factors, the demand for light weigh vehicle is expected to increase which in turn for light weight auto bumpers.
Automotive Bumper Market Segmentation:
The global automotive bumper market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material: Comprises Composite Plastic, Metal and Fiber
Segmentation by Positioning: Comprises Front ends and Rear Ends
Segmentation by End Market: Comprises OEM and Aftermarket
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Automotive Bumper Market Regional Analysis:
Currently, Asia-Pacific is dominating the market with increasing vehicle production in countries such as India and China and is focused on increasing the production capacity, thus driving the market for automotive bumper. The government intervened immediately and lowered the VAT rate on small and medium-sized vehicles. Moreover, high production of vehicles, and low manufacturing cost are some of the factors that boost the market in Asia-Pacific. The market in the developing countries is largely driven by economic growth and ongoing industrialization, which is likely to raise the production of motor vehicles and other manufacturing output, considerably.
List of Tables:
TABLE 1 GLOBAL AUTOMOTIVE BUMPERS MARKET, BY MATERIAL, 2015-2023 (USD MILLION)
TABLE 2 GLOBAL AUTOMOTIVE BUMPERS MARKET, BY POSITIONING, 2015-2023 (USD MILLION)
TABLE 3 GLOBAL AUTOMOTIVE BUMPERS MARKET, BY END MARKET, 2015-2023 (USD MILLION)
TABLE 4 GLOBAL AUTOMOTIVE BUMPER MARKET, BY REGION, 2015-2023 (USD MILLION)
TABLE 5 NORTH AMERICA AUTOMOTIVE BUMPER MARKET, BY COUNTRY 2015-2023 (USD MILLION)
TABLE 6 NORTH AMERICA AUTOMOTIVE BUMPER MARKET, BY MATERIAL 2015-2023 (USD MILLION)
TABLE 7 NORTH AMERICA AUTOMOTIVE BUMPER MARKET, BY POSITIONING 2015-2023 (USD MILLION)
TABLE 8 NORTH AMERICA AUTOMOTIVE BUMPER MARKET, BY END MARKET 2015-2023 (USD MILLION)
TABLE 9 U.S. AUTOMOTIVE BUMPER MARKET, BY MATERIAL 2015-2023 (USD MILLION)
TABLE 10 U.S. AUTOMOTIVE BUMPER MARKET, BY POSITIONING 2015-2023 (USD MILLION)
Continued…
Browse more details on this report at: https://www.marketresearchfuture.com/reports/automotive-bumper-market-3774
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