1 / 8

Global Light Weight Body Panel Market Size, Share, Growth, Analysis Forecast to 2023

Global Light Weight Body Panel Market Size, Share, Growth, Analysis Forecast to 2023

mrfrblog
Download Presentation

Global Light Weight Body Panel Market Size, Share, Growth, Analysis Forecast to 2023

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Light Weight Body Panel Market Research Report By Forecast 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Light Weight Body Panel Market Forecast To 2023 Light Weight Body Panel MarketForecastTo 2023 • Market Research Future (MRFR)’s latest report reveals that the global Light Weight Body Panel Market is set to expand at a steady CAGR of 3.9% and reach a valuation of USD 87.3 Bn during the forecast period. The boom witnessed in the automotive industry coupled with the technological advancements integrated into product lines are expected to catapult the Light Weight Body Panel Market growth on an upward trajectory. • The governments are undertaking initiatives to curb vehicle emissions which is directly or indirectly responsible for the surge in demand for light weight body panels for automotive. Furthermore, light weight auto components assure fuel efficiency, which is projected to accelerate the adoption of the automotive lightweight body panels. www.marketresearchfuture.com

  3. Light Weight Body Panel Market Forecast To 2023 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis onLight Weight Body Panel Market Forecast To 2023” • Light weight body panels are the key area of focus for the automotive manufacturers and there has been a global rise in the production of the automobiles. These factors are prognosticated to aid the Light Weight Body Panel Market expansion in the forthcoming years. • Manufacturers are investing in research and development for innovating their light weight auto components product lines and gaining competitiveness over competitors. This has opened new avenues of growth for the market players. However, factors such as high costs associated with light weight body panels are forecasted to hamper the growth of the automotive lightweight body panel market over the assessment period. www.marketresearchfuture.com

  4. Light Weight Body Panel Market Forecast To 2023 Global Light Weight Body Panel Market Segmented on the basis of By material, the Light Weight Body Panel Market has been segmented into metal, polymer & composites, rubber, and others. The metal segment is poised to lead the market during the forecast period as it offers durability. By component, the global Light Weight Body Panel Market is segmented into bumpers, door panel, roof, and others. The door panel segment is estimated to hold a dominant share of the market towards the end of 2023. By application, the Light Weight Body Panel Market has been segmented into commercial vehicle and passenger vehicle. The passenger vehicle segment is likely to account for the most significant share of the market. www.marketresearchfuture.com

  5. Light Weight Body Panel Market Forecast To 2023 Global Light Weight Body Panel Market - Geographical Analysis • By region, the global Light Weight Body Panel Market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to retain a dominant share towards the end of the forecast period. The growth of the regional market is guided by the developmental strategies executed by the key players present there. Additionally, the fuel emission norms coupled with vehicle safety enforcements are projected to augment the Light Weight Body Panel Market over the next few years. • Asia Pacific is poised to exhibit positive growth across the review period. The factors responsible for aiding the market proliferation include rising demand for automobiles, increase in annual automobile production, inclination towards fuel efficient vehicles, etc. Furthermore, the presence of country-level markets such as India and China are set to attract investments from the international key players. This, in turn, is anticipated to favor the growth of the Light Weight Body Panel Market. Meanwhile, Europe in an important growth pocket and is estimated to benefit from its highly developed automotive sector. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4013 www.marketresearchfuture.com

  6. Light Weight Body Panel Market Forecast To 2023 Global Light Weight Body Panel Market - Competitive Analysis • Some of the key players profiled in the report include Austem Company Ltd (Korea), BASF SE (Germany), Alcoa Corporation (U.S.), Kuante Auto Parts Manufacture Co. Limited (China), Plastic Omnium (France), Magna International Inc (Canada), ArcelorMittal S.A. (Luxembourg), Hwashin Tech Co Ltd (South Korea), ThyssenKrupp AG (Germany). • Industry News: • In April 2018, Magna, mobility solutions provider, has entered into a joint venture with GAC subsidiary, GAC Component Co., Ltd. (GACC) for production of composite light weight liftgates. • In September 2018, Briggs Automotive Company received funding for researching graphene for manufacturing light weight auto components • Browse Report @ https://www.marketresearchfuture.com/reports/automotive-light-weight-body-panel-market-4013 www.marketresearchfuture.com

  7. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  8. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

More Related