Automotive body panels such as bumpers, roof, door panels, and trunk lids are generally made of conventional materials such as steel or iron. Such body panels contribute significantly to the overall automobile body weight. However, owing to increasing regulations to reduce emissions along with increasing demand for fuel economy has attracted the attention of OEM manufacturers to decrease the overall automobile weight. Thus in order to reduce body weight of automobiles, manufacturers are focussing on using body panels that are lighter than conventional body panels.
The Passenger Car segment is anticipated to witness the highest CAGR over the forecast period.
The Global Lightweight Automotive Body Panels Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Lightweight Automotive Body Panels Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
GORDON
AUSTEM
Gestamp
Plastic Omnium
Magna
Stick
Changshu Huiyi
KUANTE
Hwashin
FLEX-N-GATE
ABC
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Bumpers
Hood
Door Panels
Trunk Lids
Roof
Others
In Market segmentation by applications :
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Lightweight Automotive Body Panels Market for the forecast period 2020 - 2026?
• What are the driving forces in the Lightweight Automotive Body Panels Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Lightweight Automotive Body Panels industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?