Automotive Front-End Module Market Trends, Growth, Opportunities and Forecast 2030 | Faurecia SA, Plastic Omnium, Denso Corporation,HBPO Group, Magna International, Hyundai Mobis

Automotive Front-End Modules (FEMs) are multipiece assemblies that integrate a large number of components, which include forward lighting, radiators and cooling fans, Air Conditioning (A/C) condensers, Grille-Opening Reinforcement (GOR) panels, crumple zones, bumpers with decorative fascia, hood latches, electronics and wiring. Nowadays instead of heavy carriers made up of steel and iron, lightweight components are used to improve fuel efficiency and vehicle performance. Commonly used materials for lightweight thermoplastics are polypropylene and nylon. Hybrid composite/metal designs are preferably used for heavy end vehicles.

FEMs are installed later in the manufacturing process during assembly sequence by manufacturers, which saves time and cost. For instance, recently launched Hyundai and Mercedes cars use a lightweight front-end module that allows integration of additional functionality in components, saves assembly time, reduces costs, and lowers mass. Carriers of these cars make use of injection-molded pelletized LFT-PP. Also, Skyworks Solutions, U.S., designed front end modules that provide wireless technology for Internet of Things (IoT) applications and GPS-enabled tracking products. Integration of IoT with front end module products is expected to boost the automotive front-end module market.

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The factors that drive the growth of automotive front-end modules market include increase in technological advancements in fuel efficiency, increasing production of light passenger and heavy-duty vehicles, rising concerns over driver and passenger safety, demand for FEM modularization, growing demand for lightweight FEMs, environmental norms and regulations for green initiatives, and bend toward digital lifestyle of consumers is increasing demand for lightweight vehicles; which results in increase in demand for composite/ hybrid front end module. In addition, the fluctuation raw materials prices is expected to limit the expansion of the automotive front-end module market. However, emerging economies, increase in disposable income of middle-class group, growing popularity of electric vehicles, and demand for consumer centric products with evolution of digitization provide opportunities for the growth of the market.

The major companies profiled for the Automotive Front-End Module Market share include Faurecia SA (France), Plastic Omnium (France), Denso Corporation (Japan), HBPO Group (Germany), Magna International Inc. (Canada), Hyundai Mobis (South Korea), MAHLE GmbH (Germany), Calsonic Kansei Corporation (Japan), Samvardhana Motherson Group (The Netherlands), Denso Corp (Japan), and others.

The Automotive Front-End Module market is segmented into component, vehicle type, material, end use, and region. On the basis of component, it is categorized into radiator, condenser, core support, headlight, front grill, bumpers, fenders, crash management system, and others. By vehicle type, it is classified into PC, LCV, and HCV. On the basis of material type, it is categorized into steel, plastic, hybrid, and composites. On the basis of end use, it is classified into OEMs and third-party Service Stations. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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AUTOMOTIVE FRONT-END MODULE MARKET KEY SEGMENTS

By Component
Radiator
Condenser
Core Support
Headlight
Front Grill
Bumpers
Fenders

Crash Management System
Others
By Vehicle Type
PC
LCV
HCV

By Material
Steel
Plastic
Hybrid
Composites

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