Automotive Bumpers Market by Material, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44000
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The automotive bumpers market size will grow up to USD 3.07 billion at a CAGR of 2.50% during 2021-2025.

This automotive bumpers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by material (plastic and others), application (passenger cars and commercial vehicles), and geography (APAC, Europe, North America, South America, and MEA). The automotive bumpers market report also offers information on several market vendors, including Benteler International AG, COMPAGNIE PLASTIC OMNIUM SE, Fab Fours Inc., FLEX-N-GATE Corp., Futaba Industrial Co. Ltd., Hyundai Mobis Co. Ltd., Magna International Inc., SMP Deutschland GmbH, Toray Industries Inc., and Toyota Motor Corp. among others.

What will the Automotive Bumpers Market Size be in 2021?

Automotive-Bumpers-Market-Market-Size-2020-2025

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Automotive Bumpers Market: Key Drivers and Trends

The integration of sensors in automotive bumpers is notably driving the automotive bumpers market growth, although factors such as increasing cost pressure for OEMs may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automotive bumpers market get your FREE report sample now.

This post-pandemic automotive bumpers market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Automotive Bumpers Market Vendors?

The automotive bumpers market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Benteler International AG
  • COMPAGNIE PLASTIC OMNIUM SE
  • Fab Fours Inc.
  • FLEX-N-GATE Corp.
  • Futaba Industrial Co. Ltd.
  • Hyundai Mobis Co. Ltd.
  • Magna International Inc.
  • SMP Deutschland GmbH
  • Toray Industries Inc.
  • Toyota Motor Corp.

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The automotive bumpers market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full automotive bumpers market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

For insights on complete key vendor profiles, download a free sample of the automotive bumpers market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Automotive Bumpers Market?

Automotive-Bumpers-Market-Market-Share-by-Region-2020-2025

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53% of the market’s growth will originate from APAC during the forecast period. China, Japan, South Korea (Republic of Korea), and India are the key markets for automotive bumpers in APAC.

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Government regulations pertaining to vehicle bumpers will facilitate the automotive bumpers market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Material Segments in the Automotive Bumpers Market?

Automotive-Bumpers-Market-Market-Share-by-Material-2020-2025

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The automotive bumpers market share growth by the plastic segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive bumpers market size.

 

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What are the Key Factors Covered in this Automotive Bumpers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive bumpers market growth during the next five years
  • Precise estimation of the automotive bumpers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive bumpers market across APAC, Europe, North America, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive bumpers market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive bumpers market growth will increase by $0.15 billion during 2019-2024.
The automotive bumpers market is expected to grow at a CAGR of 0.10% during 2019-2024.
Technavio has segmented the automotive bumpers market by material (Plastic and Others) ,application (Passenger cars and Commercial vehicles) , and geographic (APAC, Europe, North America, South America, and MEA).
Benteler International AG, COMPAGNIE PLASTIC OMNIUM SE, FLEX-N-GATE Corp., Futaba Industrial Co. Ltd., Hyundai Mobis Co. Ltd., Magna International Inc., SMP Deutschland GmbH, Toray Industries Inc., Toyoda Gosei Co. Ltd., Toyota Motor Corporation are a few of the key vendors in the automotive bumpers market.
APAC will register the highest growth rate of 200.00% among the other regions. Therefore, the automotive bumpers market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Germany
  • Japan
  • South Korea (Republic of Korea)
  • India
The key factors driving the automotive bumpers market growth are:
  • Integration of sensors in automotive bumpers
  • Changes in recycling standards
The automotive bumpers market vendors should focus on grabbing business opportunities from the plastic segment as it accounted for the largest market share in the base year.
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