Press release
Global Automotive Elastomer Bumper Market Copoly Technologies, ISC, ACE Controls, Advanced Antivibration Components, Advanced Antivibration Components, and EFDYN
Overview:An automotive elastomer bumper is a slim, low-winged vehicle with one or two seats. Bumpers have often been compared to racehorses, being used for sports. A bumper (a raised lip around the engine cover or bonnet), usually of plastic, metal, or even fabric, enclosed in a vehicle with a mechanism for raising the vehicle to curb height, is considered a safety feature by many carmakers. Automotive elastomer bumpers or dodgers is the generic term for a style of multi-wheeled, low-wing vehicle that draws power from a roof and/or ceiling-mounted electric motor, and that is turned on and off by a remote operator using a handheld controller. An automotive elastomer bumper is a decorative structure attached to or incorporated into the back end of a vehicle, to absorb crash impact, ideally reducing repair costs in case of an accident.
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In recent years, the style has become more streamlined, with most vehicles now being manufactured with a bumper incorporated into the frame - though it can be found on vehicles from many different manufacturers.
The global automotive elastomer bumper market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The increasing sales of automotive all across the globe are expected to fuel the growth of the global automotive elastomer bumper market over the forecast period. For instance, according to Worldometers, in 2018 there were around 1 billion passenger cars in the world. Moreover, the incidence rate of road accidents in the world is expected to enhance the growth of the market.
Restraints:
The high cost of automotive elastomer bumper is expected to hinder the growth of the global automotive elastomer bumper market.
Regional Insights:
Owing to the increase of car accidents in the region, North America is expected to hold a major share of the global automotive elastomer bumper market. For instance, according to the Association for Safe International Road Travel, around 38,000 individuals die per year in car crashes on the roadways of the United States. Moreover, various automotive rules imposed by the federal agencies are expected to create traction in the market.
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The Asia Pacific is expected to witness significant growth in the global automotive elastomer bumper market, owing to the increasing awareness related to road safety among individuals.
Competitive Section:
Key players operating in the global automotive elastomer bumper market include Copoly Technologies, ISC, ACE Controls, Advanced Antivibration Components, Advanced Antivibration Components, and EFDYN.
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