Automotive Bumpers Market Analysis, Status and Business Outlook 2021 to 2027| Flex-N-Gate, Ford, Plastic Omnium, Magna International

Global Automotive Bumpers Market Insights and Forecast to 2027

Automotive Bumpers Market research performs thorough market analysis and uses a variety of sources to provide key players with wide-ranging knowledge about industry strategies. This analysis concentrates more on current trends, market scenario along with depicting dynamic methods and key advancements. All these factors greatly help leading industries to get an advantage over competitive market and leverage their position in the market. Key players of the market focus on following some key strategies such as mergers, acquisitions, collaborations and novel product launches. It further captures actions and plans followed by the competitors in the market to make their business gainful. Automotive Bumpers Market study discusses about how COVID-19 pandemic affected market growth globally.

The Global Automotive Bumpers market is expected to register a CAGR of 7.45 % during the forecast period (2021- 2027).

The report introduces the market competition landscape and a detailed analysis of the major suppliers/key players in the market.

Top companies in the global Automotive Bumpers market: Flex-N-Gate, Ford, Plastic Omnium, Magna International, Toyoda Gosei, Alcoa, Faurecia, SMG, AGS, KIRCHHOFF Automotive, Eco Plastic Automotive, Aisin Light Metals

INDUSTRY NEWS

Ford Motor has acquired 13 companies, including 7 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 11 assets.

Ford Motor’s largest acquisition to date was in 1999, when it acquired Volvo Car for $6.5B. It’s largest disclosed sale occurred in 2005, when it sold Hertz Global Holdings to Clayton Dubilier & Rice for $15.0B. Ford Motor has acquired in 6 different US states, and 5 countries. The Company’s most targeted sectors include automotive (25%) and internet software and services (17%).

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MARKET OVERVIEW

An automotive bumper is a bar attached transversely in front of or behind a car body to prevent contact between an obstruction and the car body, or to cushion the shock of collision between vehicles. An automotive bumper acts as a protection enhancement and absorbs the impact in case of collision, thereby minimizing repair costs and saving the lives of occupants or pedestrians. Bumpers have various sectional forms, from flat to round, and from tubes to channels, and are composed of steel, wood, or rubberized fabric. Apart from providing protection to the vehicle’s passengers, bumpers also help enhance the vehicle’s appearance.

The global Automotive Bumpers market is divided by product type and application:

The report breaks down the global Automotive Bumpers market according to the following types:

Metal

Plastic

According to the application, the global Automotive Bumpers market can be subdivided into:

Commercial Vehicle

Passenger Vehicle

Regional Outlook of the Automotive Bumpers market:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia and Italy)

Asia Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

Middle East and Africa (Saudi Arabia, UAE) , Egypt, Nigeria and South Africa)

REGIONAL ANALYSIS

The automotive bumper market in Asia Pacific is expected to expand at a significant growth rate during the forecast period, owing to the expansion of the automotive industry in the region, and the strong presence of key automotive manufacturers in countries of Asia Pacific such as China.

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The Influence of the Automotive Bumpers market report:

-Comprehensive assessment of all opportunities and risks in the Automotive Bumpers market.

-The latest innovations and major events in the Automotive Bumpers market.

-Research in detail the business strategy of leading enterprises in the Automotive Bumpers market.

-Conclusive research on the growth chart of the Automotive Bumpers market in the next few years.

-In-depth understanding of the Automotive Bumpers market, especially the driving factors, constraints and major micro-markets.

-Have a good impression on the important technologies of the Automotive Bumpers market and the latest market trends.

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Key Highlights of the Automotive Bumpers Market Report

Market Segments and other perspectives have been studied across 3600 perspectives
Both Supply and Demand-side mapping has been done to understand the market scenario
We have used data triangulation to derive the market numbers
Our data and analysis have been verified through C-level Executives while conducting primary interviews
Porter’s Five Forces Analysis, Swot, Analysis, PEST Analysis, Value Chain Analysis and Market Attractiveness would be an added advantage in the report
Historical Year: 2016; Base Year: 2021; Forecast Years: 2021 – 2027

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