Growing Industry of Lightweight Car Market | Top Key Company’s (BMW, Ford, Audi, Lanxess, Daimler, Kia) | Global Business Outlook Till 2023

Marketprognosis.com Publish a New Market Research Report On “Global Lightweight Car Market - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Lightweight Car Market:

The report spread across 91 pages is an overview of the Global Lightweight Car Market - Growth, Trends, and Forecast (2018 - 2023). These report study based on the Lightweight Car Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/15965 .

The Global Lightweight Car Market is expected to grow at a CAGR close to 4.9% during the forecast period (2018 - 2023). Next-generation cars are expected to possess several features, such as connected cars, smart technology, fuel efficiency, and light weight. During the e-car hype ending 2011, one of the major focus areas was the weight of the car. However, while there is a consistent demand for integration of decreased weight in new launches, over the succeeding years, car manufacturers have been lessening the focus on integrating a decrease in weight of cars in new products.

Currently, the market for lightweight vehicles is primarily driven by regulatory authorities pushing for fuel efficiency. The EU has devised a roadmap for moving to a competitive low-carbon economy by 2050. Furthermore, North America is driven by the increasingly strict fuel economy standards of the US CAFE requirements, which are also being adopted by Canada and Mexico.

High pressure from automotive regulatory authorities, increased global demand, and decreasing cost of materials through strong research and innovation are some of the drivers of the global lightweight cars market. However, high costs of materials like carbon fiber, ongoing research on material mix leading to market non-readiness of this affordable material, and decreasing focus on the weight of vehicles since 2011 form the bottlenecks for this industry.

Purchase this report online with 91 Pages, Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/15965 .

The weight of a car depends on its curb-weight or the mass of the vehicle, including the mass of added components like refrigeration, passengers or cargo, transmission and motor oil, etc. Explaining the relationship between the vehicle weight and fuel usage, Energy.gov mentioned that a 10% reduction in vehicle weight could result in a 6-8% fuel economy improvement.

Major Key Players:

1 BMW

2 Ford

3 Audi

4 Lanxess

5 Daimler

6 Kia

Any Query? Ask to our Expert @ https://www.marketprognosis.com/enquiry/15965 .

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Lightweight Car Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview and Technological Trends

5 Market Dynamics

6 Lightweight Cars Market By Car Type

7 Lightweight Cars Market By Product Type

8 Lightweight Cars Market By Power Source

9 Lightweight Cars Market By Region

10 Competitive Landscape

11 Company Profiles

12 Outlook of Market

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

This release was published on openPR.