Global Automotive Active Body Panel Market 2018-2022
About automotive active body panel
Active body panels are defined as reconfigurable body panels that can adjust according to the situations, such as during on-road collision, crash or in case of body dents. This is a part of the latest emerging technologies wherein the future cars are expected to use intelligent materials in their design and development process.
Technavio’s analysts forecast the global automotive active body panel market to grow at a CAGR of 8.47% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive active body panel market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of active body panels globally.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Active Body Panel Market 2018-2022
Technavio recognizes the following companies as the key players in the Global automotive active body panel market: GM, Ford, Daimler, Nissan, Volvo Car, HONDA, Porsche
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is developments in field of pedestrian protection, optimizing body panels”
According to the report, one driver that is affecting the market is growth in number of on-road collisions and increased fatality rate”
Further, the report states that one challenge that is affecting the market is growing pressure on automotive OEMs for development of cost-effective technologies”
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook