Automotive Body-in-White Market Analysis 2018 | Growth by Top Companies: Gestamp Automicion SA, ThyssenKrupp Systems Engineering, Hyundai Rotem Company, AIDA Engineering, BENTELER International AG, Eagle Press & Equipment Co, Magna International, Martinre

Automotive Body-in-White Market is expected to grow US$ 125.6 billion by 2025 from US$ 88.7 billion in 2016.

The sales of BIW is largely influenced by numerous factors. Amongst the factors, material type markets influence their sales. Aluminium, steel, magnesium and CFRP are the material types for BIW. These types are expected to have a large impact on the growth of automotive body-in-white market.

High rate of global passenger car production in Asian countries such as China, Japan, Korea and India provide significant opportunities for the global suppliers of BIW to increase the market share in these countries. These countries contribute almost 90% of the total production of passenger cars across Asia Pacific, and will strongly support the overall growth of global automotive body-in-white market.

Increasing use of lightweight materials in the development of electric vehicles for better efficiency on enhanced use and better mileage is also one of the major reason for the growth of the automotive body-in-white market. For this, the electric vehicles are manufactured using different materials such as steel grades range, high cost aluminium and CFRP composites.

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High capital investment for high-end manufacturing capabilities could arise as a restraining factor in the market such as advanced manufacturing and fabrication techniques for lightweight components. Therefore, only few large players in the market are able to fulfill the demands of the OEMs, which restricts the market growth.

The overall automotive body-in-white market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global automotive body-in-white components market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, Middle East and Africa, and South America.

The Major Key Market Players:
1. Gestamp Automicion SA
2. ThyssenKrupp Systems Engineering
3. Hyundai Rotem Company
4. AIDA Engineering Ltd.
5. BENTELER International AG
6. Eagle Press & Equipment Co.
7. Magna International Inc.
8. Martinrea International Inc.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

The objectives of this report are as follows:
- To provide overview of the global Automotive Body-in-White Market
- To analyze and forecast the global Automotive Body-in-White Market on the basis of Product Type and Application.
- To provide market size and forecast till 2025 for overall Automotive Body-in-White Market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub - segmented across respective major countries.
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
- To provide exhaustive PEST analysis for all five regions.
- To profiles key Automotive Body-in-White players influencing the market along with their SWOT analysis and market strategies.

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Reason To Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Body-in-White Market

-Highlights key business priorities in order to assist companies to realign their business strategies

-The key findings and recommendations highlight crucial progressive industry trends in the global Automotive Body-in-White Market, thereby allowing players across the value chain to develop effective long-term strategies

-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

-Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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