The report offers detailed coverage of Car Bumpers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Car Bumpers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Car Bumper is usually a metal bar or beam, attached the vehicle's front-most and rear-most ends, designed to absorb impact in a collision. The main function of a bumper is to protect the car's body in a slight collision, typically at parking speed. Front and rear bumpers on today's cars generally consist of a plastic cover over a reinforcement bar made of steel, aluminum, fiberglass composite or plastic.
Asia-Pacific sales of Car Bumper have been increasing during the past five years with an average growth rate of 11%. Asia-Pacific sales of Car Bumper is expected to be over 100 million units in 2016 and more than 75% have been sales in China and Japan regions. For the product types, Plastic Car Bumper occupies the largest market share (about 94% in 2016), and followed by Metal Car Bumper (about 6% in 2016).
The Car Bumper industry is concentrated; there are 11 manufacturers (about 82% of Asia-Pacific total sales) counted in the report. Major manufactures are Tong Yang, Hyundai Mobis, Plastic Omnium, HuaYu Automotive, Seoyon E-Hwa, Jiangnan MPT, Ecoplastic, SMP, Zhejiang Yuanchi, Benteler, and Magna.
Due to national industrial policy support and growing industry standardization, Car Bumper Industry is developing in the good direction. Despite the presence of competition problems, due to the global recovery trend, investors are still optimistic about this area; the future will still have more new investment enter the field. For the fierce competition between suppliers, the price and gross margin is expected to decrease further.
But we also should notice that there is a gap in the sales technology and equipment compared to developed countries. Domestic industry should focus on research on new material and process. The falling prices of raw materials could be a good signal for Automotive Bumper Industry.
The report forecast global Car Bumpers market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Car Bumpers market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Tong Yang
Hyundai Mobis
Plastic Omnium
HuaYu Automotive
Seoyon E-Hwa
Jiangnan MPT
Ecoplastic
SMP
Zhejiang Yuanchi
Benteler
Magna
At the same time, we classify Car Bumpers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Plastic Bumper
Others
Market by Application
Passenger Vehicle
Commercial Vehicle
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Car Bumpers market for the forecast period 2021 - 2025?
• What are the driving forces in the Car Bumpers market for the forecast period 2021 - 2025?
• 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 Car Bumpers 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?