Press release
Global Car Body-In-White Market Worth $87.35 Billion by 2029, Growing at 2.5% CAGR
Car Body-In-White Market Size
Car Body-In-White Market Outlook: What Size And CAGR Are Anticipated By 2025?
The value of the car body-in-white sector has seen consistent growth over recent years. The market is predicted to increase from $77.42 billion in 2024 to $79.24 billion in 2025, with a compound annual growth rate (CAGR) of 2.4%. The expansion during the historical period is a result of advancements in the automotive industry, stricter safety and emission norms, a shift towards lightweight designs for fuel efficiency, consumer insistence for cutting-edge safety attributes, and the worldwide proliferation of automotive production.
What Is the Expected CAGR for the Car Body-In-White Market Growth Through 2029?
In the coming years, the car body-in-white market is projected to experience consistent growth, reaching a value of $87.35 billion in 2029 with a compound annual growth rate (CAGR) of 2.5%. Factors such as the evolution of electric vehicles (ev), the progress in autonomous vehicle technology, implementation of sustainable manufacturing methods, global regulatory emphasis on vehicle safety, and the trend of customization and personalization contribute to this expected growth. Significant trends for the forecast period encompass the heightened use of advanced high-strength materials, the increasing amalgamation of mixed material solutions, a focus on multi-material joining technologies, progress in lightweighting strategies, and the incorporation of smart manufacturing technologies.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/car-body-in-white-global-market-report
What Are the Primary Drivers Behind Car Body-In-White Market Growth?
The car body-in-white market is projected to experience significant growth driven by an upsurge in vehicle manufacturing. Vehicle production, defined as producing identical models of automobiles available and legal for public use on roads, heavily relies on the car body in white. This complex and vital component of vehicle manufacturing significantly contributes to the vehicle's safety, durability, and overall performance. Illustratively, in March 2024, the Society of Motor Manufacturers and Traders (SMMT), a UK-based organization, shared that UK's vehicle production in February increased by 21.8% from the previous year, reaching 92,834 units. The production of passenger cars and commercial vehicles also witnessed a surge, growing by 14.6% to 79,907 units and by a staggering 98.4% to 12,927 units respectively. Hence, the heightened vehicle production is fuelling the expansion of the car body-in-white market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13396&type=smp
What Are the Key Segments Driving Car Body-In-White Market Growth?
The car body-in-white market covered in this report is segmented -
1) By Category: Body Structure, Body Components, Chassis
2) By Car Type: Compact, Mid-size, Luxury, Sport Utility Vehicle (SUV)
3) By Construction: Monocoque, Frame Mounted Oil
4) By Material: Steel, Aluminum, Magnesium, Carbon-Fiber-Reinforced Polymers (CFRP)
Subsegments:
1) By Body Structure: Roof Structure, Side Frame, Front And Rear Structure, Floor Structure
2) By Body Components: Doors, Fenders, Bumpers, Hood, Trunk Lid
3) By Chassis: Frame, Subframe, Cross Members, Suspension System
What Are the Technological Trends Impacting the Car Body-In-White Market?
Leading enterprises in the car body-in-white market are prioritizing the development of inventive solutions to stay ahead in the competition. One such pioneering solution is innovative body welding, a modern welding method for the automotive industry leveraging state-of-the-art technologies and techniques to enhance the effectiveness, precision, and adaptability of the welding procedure. For example, Comau, an advanced industrial automation products and systems corporation from Italy, in April 2023, provided Hycan electric vehicles with its groundbreaking Body Welding solution. This system enables efficient and accurate welding of the Body in White (BIW) for electric vehicles, which constitutes the initial skeletal structure and body of the vehicle, usually painted white to resist rust. The BIW acts as the foundation for the vehicle assembly process and is frequently used by racers for building customized vehicles for racing. This solution forms an integral part of Comau's sophisticated process applications for battery cells, e-drives, and drivetrains.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=13396&type=smp
Who Are the Major Competitors in the Global Car Body-In-White Market?
Major companies operating in the car body-in-white market report are Volkswagen Group, Toyota Motor Corporation, Stellantis NV, Ford Motor Company, General Motors Company, Bayerische Motoren Werke (BMW) AG, Honda Motor Co. Ltd., Hyundai Motor Company, ArcelorMittal S.A, Nissan Motor Co. Ltd., Volvo Group, Thyssenkrupp AG, Magna International Inc., Aisin Seiki Co. Limited, Tata Steel Limited, ABB Corporation, Mahindra & Mahindra Limited, Henkel Adhesive Technologies, Sika Automotive AG, Gestamp Automocion SA, Benteler International AG, CIE Automotive, Martinrea International, Kirchhoff Automotive GmbH, Multimatic Inc., GEDIA Automotive Group, EDAG Engineering GmbH, Autokiniton Global Group LP, JBM Auto Limited, TECOSIM Group
Which Region Dominates the Car Body-In-White Market Share in 2025?
Europewas the largest region in the car body-in-white market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the car body-in-white market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Car Body-In-White Market Worth $87.35 Billion by 2029, Growing at 2.5% CAGR here
News-ID: 4175042 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Body
Body Butters Market Hits New High | The Body Shop, L'Oréal, Bath & Body Works, …
HTF MI just released the Global Body Butters Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Body Butters Market are:
The Body Shop (UK), L'Oréal…
Body Dryer Market Hits New High | Major Giants Valiryo, Tornado Body Dryer, Full …
HTF MI just released the Global Body Dryer Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Body Dryer Market are:
Valiryo, Tornado Body Dryer, Full…
The Body Buoy Introduces First-Ever USCG-Certified Lower Body PFD
Katy, TX - December 19, 2024 - Water safety innovator Body Buoy [https://www.buoyproducts.com/] launched a groundbreaking personal flotation device (PFD) certified by the U.S. Coast Guard (USCG) that shifts away from traditional designs. This progressive approach to safety and mobility does not strangle users within an upper-body harness; instead, it wraps around the lower body.
Image: https://www.globalnewslines.com/uploads/2024/12/02db19109b25d82a7a40811f83dafa1a.jpg
A New Era in Water Safety Design
The Body Buoy is the first of its kind…
Coffee Beauty Product Market Demand Makes Room for New Growth Story: The Body Sh …
HTF MI introduces new research on Coffee Beauty Product covering the micro level of analysis by competitors and key business segments (2024-2030). The Coffee Beauty Product explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key…
CPG Accredited as CSA Certification Body - Global Audit Body expands offerings
Certification Partner Global (CPG) is pleased to announce that it Corporate Membership of CSA, the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. Concomitant with this, CSA has accredited CPG to audit Cloud Service Providers (CSPs) for STAR (Security, Trust and Assurance Registry) Certification.
The STAR Certification evaluates the effectiveness of a CSP's ISMS, with specific reference to the…
Global Power Towers Market Professional Survey Report 2017 - Best Fitness, Body …
Albany, New York, June 23, 2017 : Recent research and the current scenario as well as future market potential of " Global Power Towers Industry : Market Demands, Insights, Research and Forecast 2017-2021 " globally.
This report studies Power Towers in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to…
