Automotive Front End Module Market - 2018 Global Size, Share, Trends, Sales, Key Players - Mahle, Faurecia, Denso, Calsonic Kansei, Hbpo, Magna, Hyundai Analysis To 2022

April. 5, 2018 (NEWS) -- Automotive Front End Module Market Research Report 2018 expands information on Automotive Front End Module Market by Material (Steel, Composite, Plastic, and Others), by Component (Headlight, Front Grill, Radiator, Condenser, Horn Assembly, Oil Cooler and Others), by Vehicle (Passenger, Commercial), and by Regions. The global market of Automotive Front End Module market will grow at a rapid pace over the forecast period. The global market of automotive front end module is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).

There are various factors that contributes to the growth of the automotive front end module which includes rising demand of light weight components, increase in the registration of the new vehicles, expansion of the auto manufacturers in the emerging economies such as India, china, and others. As per trend, light weight composites FEM such as polypropylene are used in the vehicles to increase the fuel efficiency and performance of the vehicle which in turn expected to contribute in the growth of the automotive front end module market.

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Automotive Front End Module Market Companies Analyzed in report:

Mahle GmbH, Faurecia SA, Denso Corporation, Calsonic Kansei Corporation, Hbpo Group, Magna International Inc., Hyundai Mobis, Plastic Omnium, SL Corporation, and Valeo S.A.

The global automotive industry has experienced a potential demand for light weight vehicles. Over the years it has been analysed that the demand for light weight vehicles has increased among the end users which in turn has put pressure on auto bumpers manufacturers to reduce the material weight. Major reasons that have propelled this decision is that light weight vehicle consumes less fuel and the emission rate, moreover, the governments of various countries have taken same initiatives. Owing to all these factors, the OEMs such as Compagnie Plastic Omnium, Faurecia Group, Magna International, Fab Fours and other have actively shifted their focus on reducing weights. Furthermore, the major automotive producers have also witnessed a strong demand for light weight vehicle due to the government’s initiative on less fuel consumption as light weight vehicles consumes less fuel consumption.

Additionally, it has been observed that in North America and Europe, the government have made regulation on per miles average of vehicles and as per European automotive associations and US Corporate Average Fuel Economy (CAFE) standards, the amendments have been made for vehicles average, which ensures that vehicles must give average of around 34 miles per gallon. However, due to all the above factors, the demand for light weigh vehicle is expected to increase which in turn for light weight auto components.

Market Segmentation:

Segmentation by Material: Comprises Steel, Composite, Plastic, and Others

Segmentation by Component: Comprises Headlight, Front Grill, Radiator, Condenser, Horn Assembly, Oil Cooler and Others.

Segmentation by Vehicle: Comprises Passenger, Commercial.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Geographic Analysis:

U.S. being the largest market in North America is considered as the major revenue generator for auto front end module market. Owing to the presence of major automobile companies the demand for auto front end module has improved the market growth. U.S. is considered as the matured economy but still the demand for passenger cars, LCV and HCV has increased substantially due to the rising immigrants, however, it has resulted in augmenting the market for automotive front end module.

In Europe, Germany is mainly known for its vehicle manufacturers. Presence of several giants has pushed the German market for auto front end module. Germany is one of the major exporters of front end modules to other European countries such as UK, France, Italy and others. Presence of well-established automotive players along with growing demand for passenger vehicles has pushed the market for auto front end module in Germany.

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Target Audience of Report:

This report mainly focuses on Automotive Front End Module market Manufacturers, Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Front End Module market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Automotive Front End Module market studied.

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