Press release
Automotive Active Body Panels Market Research Report 2023
Automotive Active Body Panels MarketAutomotive active body panels are used to mitigate shock during an event of a collision, or store energy in an electric vehicle. The automotive active body panels absorb the energy of impact and are designed to protect the pedestrian during a collision. The active body panel, such as an active bonnet, is widely being used by automakers including Volkswagen, Mazda, and Daimler AG.
The global Automotive Active Body Panels market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Automotive Active Body Panels is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Automotive Active Body Panels is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
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The key global companies of Automotive Active Body Panels include General Motors, Daimler AG, Ford Motor Company, Toyota Motor Corporation, Porsche AG, Honda Motor Company, Volkswagen Group, Tata Motors and Voestalpine Metal Forming, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Automotive Active Body Panels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Active Body Panels.
The Automotive Active Body Panels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Active Body Panels market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Active Body Panels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
• General Motors
• Daimler AG
• Ford Motor Company
• Toyota Motor Corporation
• Porsche AG
• Honda Motor Company
• Volkswagen Group
• Tata Motors
• Voestalpine Metal Forming
• Nissan Motor Company
Segment by Type
• Conventional Automotive Body Panels
• Energy Storage Automotive Body Panels
Segment by Application
• OEM (Original Equipment Manufacturers)
• Aftermarket
Production by Region
• North America
• Europe
• China
• Japan
• South Korea
• India
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