Automotive Front End Module Market Top Key players - Plastic Omnium, Magna International, Denso Corporation, Calsonic Kansei, HBPO Group, Valeo, Hyundai Mobis

The front-end module consists of about 140 parts. They offer many features such as providing safety, improving aesthetics, improving aerodynamic structure and engine cooling. The requirements of automakers have changed rapidly over the past few years, forcing suppliers to adopt a modular approach to manufacturing.

Request For Sample@ https://bit.ly/3BSriyo

AUTOMOTIVE FRONT END MODULE MARKET DYNAMICS

Each front module manufacturer adopts a modular approach where the entire installation is one single module ready for OEM installation in a vehicle. This has enabled the equipment manufacturer to reduce the total cost of the sector by 2030%. German manufacturer HBPO produces about 24,000 interface modules per day.

Plastics Omnium, which owns 66% of HBPO, is the market leader with nearly 20% of the market. Plastic Omnium assembles approximately 6 million modules per year.

AUTOMOTIVE FRONT END MODULE MARKET SEGMENTATION

By Material

• Composite
• Metal
• Others

By Components

• Headlight
• Front Grill
• Bumper
• Radiator
• Condenser
• Oil Cooler
• Horn Assembly
• Sensors
• Others

By Vehicle Type

• Passenger Cars
• Heavy Commercial Vehicles
• Light Commercial Vehicles

By Geography

• US
• Europe
• China
• India
• ROW

AUTOMOTIVE FRONT END MODULE MARKET BY COMPONENTS

The grille component that takes up most of the front module area and contributes significantly to aerodynamics. With the advent of active grill blinds, the market share of grills has increased.

This will help reduce the resistance. This grill reduces the overall weight of the vehicle and reduces fuel consumption. As a result, CO2 emissions are reduced. America's best-selling vehicles such as the Ford F150, Ram 1500, Chevrolet Equinox and Toyota RAV4 have active louvers. In Europe, the Ford Focus is equipped with active louvers.

Internal combustion engine radiators occupy more space and are leading the market. However, the increase in the number of BEVs has reduced the demand for radiators. Electric vehicles have radiators, but they are only for heating, ventilation, air conditioning and battery cooling, so they take up much less space, so electric vehicles have a small market share.

AUTOMOTIVE FRONT END MODULE MARKET TREND

• Calsonic Kansei has completed the acquisition of Magneti Marelli for €5.8 billion.

• Hyundai Mobis developed the world's first passenger car fog lamp by applying glass fiber to existing plastic in 2018. Materials have also been developed to reduce the weight by 56 kg.

• HBPO has developed the first active grille louvers for electric vehicles for the electric vehicle sector.

• European manufacturer Valeo has started a new process for the production of front beams.

The Engel Organomelt process is expected to be very cost-effective as a one-shot process in which thermoplastics, sheet and fiber-reinforced fibers are heated and molded directly in a fully automated process.

AUTOMOTIVE FRONT END MODULE MARKET COMPANY PROFILE

• Plastic Omnium
• Magna International
• Denso Corporation
• Calsonic Kansei
• HBPO Group
• Valeo
• Hyundai Mobis

Read More Information: https://mobilityforesights.com/product/automotive-front-end-module-market/

Contact:
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

This release was published on openPR.