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Automotive Body-in-White Market to Witness Heightened Revenue Growth During the Forecast Period 2021-2031 | CIE Automotive, Tower International, Martinrea International, Aisin Seiki

09-25-2023 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Automotive Body-in-White Market

Automotive Body-in-White Market

New York, Automotive Body-in-White (BIW) is the term used to describe the framework of a vehicle body, minus the exterior panels and trim. The BIW typically includes the roof, floorpan, pillars, fenders, and headliner. In some cases, the BIW also includes the engine bay, trunk, and underbody. BIW construction generally begins with a combination of stamping, welding, and assembly processes. Stamping is used to create the various panels that make up the BIW, such as the roof, floorpan, and fenders. These panels are then welded together to form the basic structure of the vehicle body.

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Key Trends

The automotive body-in-white (BIW) is the unassembled frame of a vehicle to which all other components are attached. The BIW includes the chassis, body panels, and closures.

The major drivers for this market are the increasing demand for vehicles and the need for lightweight and fuel-efficient vehicles.

The key trends in automotive BIW technology are:

1. Increasing use of aluminum: Aluminum is being increasingly used in BIW due to its light weight and high strength. It is also corrosion-resistant and can be easily recycled.

2. Use of advanced materials: Advanced materials such as carbon fiber and composite materials are being used in BIW to reduce the weight of vehicles. These materials also have high strength and durability.

3. Use of robots and automation: Robots and automation are being used in BIW to improve the efficiency of production. Automation also reduces the chances of human error.

Key Drivers

The main drivers of the automotive body-in-white market are the increasing demand for vehicles, the need for lighter and more fuel-efficient vehicles, and the need for stronger and more durable vehicles.

The demand for vehicles is driven by population growth, economic development, and the need for transportation.

The need for lighter and more fuel-efficient vehicles is driven by the need to reduce greenhouse gas emissions and save fuel costs.

The need for stronger and more durable vehicles is driven by the need to improve safety and reduce the cost of repairs.

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Market Segments

The Automotive Body-in-White Market is segmented by vehicle type, construction type, manufacturing method, and region. By vehicle type, the market is divided into passenger cars, light commercial vehicles, medium & heavy commercial vehicles ,and electric vehicles. Based on construction type, it is bifurcated into monocoque and frame mounted. On the basis of manufacturing method, it is classified into cold stamping, hot stamping, roll forming, and other methods. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Automotive Body-in-White Market includes players such as Gestamp Automoción, Voestalpine Group, Magna, Benteler International, CIE Automotive, Tower International, Martinrea International, Aisin Seiki, KIRCHHOFF Automotive and Dura Automotive.

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Reasons to buy Automotive Body-in-White Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

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