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Automotive Bumper Market Poised to Grow at a CAGR of 6.9% by 2024


Infinium Global Research has added a new report on Automotive Bumper Market. The report presents analysis of global as well as regional markets of automotive bumper market over the period of 2016 to 2024. Automotive bumper is a structure integrated with the front and rare of the vehicles body in order to reduce the cost in case of accidents. Polypropylene is a thermoplastic polymer used widely for bumper manufacturing .An automotive bumper acts as a protection enhancement and absorbs the impact in case of collision. Apart from the safety feature automotive bumper are also used for the attractive look of vehicles. They protect the hood, fuel, exhaust and cooling system as well as safety related to equipment includes parking lights and headlamps. Specification of bumpers are vary according to countries standard.

 

According to a trusted source, ten thousand peoples are dead and hundreds of thousands to million are wounded each year due to car accidents. This calls for the need to improve the safety of automobiles during car accidents. Rising number of passenger vehicle and increasing rate of accidents are major factors fueling the growth of automotive bumper market. Moreover, Growing awareness about greener technology has been the primary driver transforming the automobile industry. Moreover, rising consumer demand of high end -products at low cost is anticipated to be the key driving factor for the growth of automotive bumper market. Moreover, increased efforts undertaken by key players to develop improved materials for automotive bumpers is anticipated to create several growth opportunities for the key players in the market during the forecast period. In addition, changing demographic trends, stringent regulatory situation, and available information is expected to offer immense opportunities to the suppliers over the upcoming years. 


 

Among the geographies, Asia pacific is expected to be the largest region due to the increase in automobile industries in this region. Increasing number of passenger vehicle production in the countries such as china and India and coupled with low manufacturing cost and rising disposable income are some of the factors boosting the market of automotive bumper market in Asia pacific region. Owing to the expansion of automotive industries there is some of the key players in European region include Delphi Automotive, Valeo and GKNhave positive impact on the Europe region. Emerging countries such as South Africa and India are expected to boost the industry in the upcoming years. Moreover, countries such as Latin America and Middle East is anticipated to increases the demand of Automotive Bumper Market over the forecast period. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global automotive bumper market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global automotive bumper market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1058

 

The recent report identified that Asia Pacific dominated the global automotive bumper market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the automotive bumper market worldwide.


The report segments the global automotive bumper market on the basis of Vehicle type, Raw Material  and Product Type  .

 

Global Automotive Bumper Market by Vehicle Type

·         Passenger Vehicle

·         Commercial Vehicle

 

Global Automotive Bumper Market by Raw Material 

·         Steel

·         Aluminium

·         Fiberglass

·         Plastic

 

Global Automotive Bumper Market by Product Type  

·         Standard Bumper

·         Deep Drop Bumper

·         Roll Pan Bumper

·         Step Bumper

·         Tube Bumper

 

Companies Profiled in the Report

·         Toyota Boshoku Corporation

·         Plastic Omnium SA 

·         Magna International, Inc

·         Futaba Industrial Co., Ltd.    

·         SMP Deutschland GmbH

·         Flex-N-Gate Corporation

·         Magna International, Inc.  

·         Faurecia SA

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.




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