Automotive Bumper Market Size and Key Trends in Terms Of Volume and Value - Forecast to 2025

"The Latest Research Report Automotive Bumper Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

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.

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The consistent rise in vehicle production is expected to drive the automotive bumper market during the forecast period. Increasing number of accidents due to a lack of safety precautions taken by people, while driving, is also likely to promote the automotive bumper market in the next few years. Increasing efforts being undertaken to develop improved materials for usage in automotive bumpers is also anticipated to create lucrative opportunities for the automotive bumper market in the near future. Stringent regulations being laid down by governments of various nations across the world for ensuring increased safety and security and for improving fuel-efficiency are expected to further boost the automotive bumper market during the forecast period.

Based on type, the automotive bumper market has been segmented into standard bumper, deep drop/cowboy bumper, roll pan bumper, step bumper, and tuber bumper. A deep drop bumper/cowboy bumper is taller than a regular bumper and is typically found on older trucks. Deep drop bumper is usually chrome-plated and has a lower ball height than a step bumper. A roll pan bumper looks like a rounded bottom at the back of the truck. A roll pan bumper serves as a step for access to the truck bed, but it also provides protection in the case of an accident. Most roll pan bumpers come unpainted so that they painted to match to the color of the truck. A step bumper has holes for hitch balls and can be utilized to tow lightweight trailers. A cut-out is made under the license plate which acts as a step. A step bumper is typically found on trucks, vans, and SUVs. A tube bumper has a 17-inch rear opening, which allows the usage of oversized tires on the factory spar tire mount. Tube bumper is primarily found on jeeps.

Based on vehicle type, the automotive bumper market can be classified into passenger vehicles and commercial vehicles. The commercial vehicles segment can be further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and buses & coaches.

Based on material, the market can be segregated into steel, aluminum, plastic, and fiberglass. Automotive car bumpers were made of steel or aluminum until recently. Presently, however, automotive bumpers are made of plastic or fiberglass. Fiberglass provides an added advantage of being tremendously light in weight as compared to plastic. Fiberglass is however more expensive than plastic. However, numerous efforts are being undertaken in order to reduce the cost of fiberglass, which in turn is expected to be preferred by manufacturers for bumper manufacturing in the near future.

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Based on sales channel, the automotive bumper market is classified as OEM (original equipment manufacturer) and aftermarket. The aftermarket segment is anticipated to witness significant growth during the forecast period owing to the need for the replacement of a vehicle’s bumper after the vehicle undergoes an accident.

Based on geographical region, the automotive bumper market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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.

Key players operating in the automotive bumper market include Toray Industries, Toyota Boshoku Corporation, Faurecia SA, SMP Deutschland GmbH, Flex-N-Gate Corporation, Hyundai Mobis Co., Toyoda Gosei Co., Futaba Industrial Co., Magna International, and Plastic Omnium SA.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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