Press release
Automotive Active Body Panel Market 2018 Global Leading Players Analysis: General Motors, Daimler, Ford Motor, Honda Motor, Nissan, Volvo, and Porsche
Automotive Active Body Panel Market is growing at 4% compound annual growth rate by the forecast period of 2018 to 2023. Automotive Active Body Panel Market Research Report- Forecast 2023 is latest research report on Global Automotive Active Body Panel Industry published by “Market Research Future”. Global Automotive Active Body Panel market is Analyzed by Type (Traditional Body Panels and Energy-storing Body Panels), by Application (Font and Rear), End Market (OEM and Aftermarket), by Vehicle Type, and by Region - Forecast till 2023.Automotive Active Body Panel Market Key Company Analyzed In Report Are:
General Motors (US), Daimler AG (Germany), Ford Motor Company (US), and Honda Motor Company, Ltd. (Japan). Nissan Motor Company Ltd, (Japan), Volvo Cars (Sweden), and Porsche AG (Germany) are among others.
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Automotive Active Body Panel Global Market Highlights:
The automotive active body panel or reconfigurable body panel is placed either at the front or rear end of the automobiles. According to the Population Reference Bureau, the major cause of deaths by injury is road traffic accidents and an estimated 1.2 million people killed in road crash, every year. The prediction from the researchers of the association is that by 2020 if the scenario continues, road accidents will become the third leading contribution to injuries. Moreover, the degree of damage from accidents and the growing purchasing power of the consumers will increase the demand for replacing damaged parts.
Growing vehicle sales in the developing countries and increased road accidents are the major driving factor for the global automotive active body panel market. It is expected that the rise in demand for automotive active body panels, will bring in improvements in material quality and new technologies by the manufacturers in the global market during the forecast period. However, there are limited players in the automotive active body panel in the market, which would bring down the production volume of components, which would hamper the overall growth for the global automotive active body panel market.
Automotive Active Body Panel Regional Market Analysis:
In terms of region, the global market for Automotive Active Body Panel is segmented into North America, Europe, Asia-Pacific and Rest of the World.
Asia-Pacific is estimated to hold the highest revenue market share in the base year and is expected to dominate during the forecast period followed by Europe. The automotive active body panels market in Asia-Pacific is growing as there has been a continuous increase in the demand for automotive active body panels in China, India, Japan, South Korea, and Thailand owing to an increase in the purchasing power as well as an increase in the average disposable income.
In Asia-Pacific, there has been a continuous growth in aftermarket, which enhances the revenue market share for the automotive active body panels.
In Europe, there have been high sales of luxury passenger cars along with the presence of top manufacturers such as Volkswagen Group, which further boost the sales for the automotive active body panel.
In North America, awareness regarding changing vehicle components will drive the growth of the automotive active body panel.
Automotive Active Body Panel Market By Segmentation:
Global automotive active body panel market is segmented based on type, application, end market, vehicle type, and region.
Based on type, the market has been segmented into traditional body panels and energy-storing body panels.
Based on application, the market has been segmented into front and rear.
Based on end market, the market has been segmented into OEM, and aftermarket.
Based on vehicle type, the market has been segmented into passenger car, commercial vehicle, and electric vehicle.
List of Tables:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
Continued...
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued...
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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