Automotive Front-End Module Market 2027 Top Companies, Region And Opportunities Faurecia SA, Plastic Omnium, Denso Corporation, HBPO, Hyundai Mobis, MAHLE GmbH

According to a new report published by Allied Market Research, titled, "Automotive Front-End Module Market by Product Type (Carbon Steel, Diamond Edged, Multi Hole Saws, Specialty Hole Saws, and Others), by End-user Industry (Steel, Plastic and Hybrid), and by Application (Wet Drilling and Dry Drilling) - Global Opportunity Analysis and Industry Forecast, 2020-2027." The report has offered an all-inclusive analysis of the global automotive front-end module market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

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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

By Vehicle Type
* PC
* LCV
* HCV

By Material
* Steel
* Plastic
* Hybrid
* Composites

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