Automotive Front End Module - Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Automotive Front End Module market is expected to grow from $93.64 billion in 2016 to reach $147.63 billion by 2023 with a CAGR of 6.7%. Factors such as rising vehicle production, increased disposable income of middle class group and soaring demand for lightweight front end modules are fuelling the market growth. The sale of counterfeit products is hindering the market growth.
Geographically, Asia Pacific region is expected to witness huge demand for automotive front end modules owing to huge demand for vehicle production and rising demand for comfort and luxury features in automobiles among the growing population. China is the major contributor in the region and is expected to grow at the highest rate during the forecast period.
Some of the key players in the automotive front end module market are Mahle GmbH, Denso Corporation, Faurecia SA, Valeo S.A., Plastic Omnium, Montaplast GmbH, Calsonic Kansei Corporation, Magna International Inc., Hbpo Group, Samvardhana Motherson Automotive Systems Group B.V., SL Corporation and Hyundai Mobis.
Vehicle Types Covered: • Heavy Commercial Vehicle • Passenger Car • Light Commercial Vehicle
Product Types Covered: • Internal Air Cooler • Radiator • Headlight • Radiator Core Support • Motor Fan • Fenders • Condenser • Bumpers • Oil Cooler • Front Grill • Horn Assembly • Cruise Control Sensor • Hose Assembly • Night Vision Sensor • Bracket Assembly • Bumper Beam • Front Active Grill • Automotive Air Quality Sensor • Park Assist • Crash Sensor
Regions Covered: • North America US Canada Mexico • Europe Germany UK France Italy Spain Rest of Europe • Asia Pacific Japan China India Australia New Zealand South Korea Rest of Asia Pacific • South America Argentina Brazil Chile Rest of South America • Middle East & Africa Saudi Arabia UAE Qatar South Africa Rest of Middle East & Africa
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends. - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements