2025 Automotive Body-In-White Component Market is estimated to grow at a CAGR of 4.1% led by Gestamp Automicion SA, ThyssenKrupp, Hyundai Rotem Company, AIDA Engineering, BENTELER International AG

According to the new research report published by The Insight Partners, titled “Automotive Body-In-White Component Market–Global Analysis and Forecast to 2025”, the global automotive body-in-white component market is expected to reach US$ 125.61 Bn in 2025, registering a CAGR of 4.1% during the forecast period 2017-2025.

The automotive body-in-white component market is in line with production of automotive vehicle. Further, BIW component including chassis is estimated to register value of US$ 1,300 per vehicle globally. This number is further expected to increase in the future owing to adoption of high costs material and superior manufacturing techniques for vehicle production. Adoption of high cost material is primarily driven by stringent emission and fuel efficiency regulations globally. This trend is more pronounced in matured economies including North America and prominent countries of Europe. 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

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The key companies profiled in this report include Gestamp Automicion SA, ThyssenKrupp Systems Engineering, Hyundai Rotem Company, AIDA Engineering Ltd., BENTELER International AG, Eagle Press & Equipment Co., Magna International Inc., and Martinrea International Inc.

This study offers a comprehensive, 360 degree analysis on the Explosion Proof Solenoid Valves Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Explosion Proof Solenoid Valves Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Strategic Insights
Market initiative was observed as the most adopted strategy in global automotive body-in-white component market. Few of the recent strategies by some of the players in automotive body-in-white component landscape are listed below-

2017: Gestamp Automición SA opened its new R&D centre in Auburn Hills, Southeast Michigan, which will house robotic prototype assembly cells, durability performance test labs and metallurgical and metrology labs.

2017: Gestamp Automición SA opened its new R&D centre in Japan, which will be equipped with simulation resources, and advanced simulation of hot stamping process.

2017: BENTELER International AG opened its new sales and service centre in Coventry.

Explosion Proof Solenoid Valves Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Global Automotive Body-In-White Component - Market Segmentation

By Material Type
• Steel
• MS
• HSS
• AHSS
• UHSS
• Aluminium
• Magnesium
• CFRP

By Component Position
• Structural
• Inner
• Exposed

By Component Type
• Fenders
• Closures
• Shock Towers
• A-Post / B-Post
• Others

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This release was published on openPR.