Global Automotive Active Body Panel Market 2018-2022

Overview of the automotive active body panel market

According to Technavio’s automotive active body panel market research report the increase in number of road accidents is one of the primary factors that will trigger the automotive active body panel market growth in the coming years. With the advent of new technologies, products, and solutions, the automotive industry is rapidly evolving. Road accidents are the primary reason for the growing development of advanced safety technologies and solutions. It has been observed that millions of people die on the road every year due to on-road collisions across the world. Rising traffic deaths and fatality rates have compelled the government to issue strict automotive safety norms. The basic safety systems have been enhanced by integrating frontal airbags, anti-lock braking system (ABS), or electronic brakeforce distribution (EBD). Our market research analysts predict that in terms of units, this market will grow at a CAGR of more than 8% by 2022.

The development of energy-storing body panels is one of the key automotive active body panel market trends. With the advent of automotive electronics, all-electric cars are being developed as a promising alternative to the internal combustion engine (ICE) driven vehicles. Lithium-ion battery used in electric vehicles posses several disadvantages. To fix this problem, the automakers are focusing on developing technologies that can be a better alternative to EV batteries. This has led to the development of body panels that can store energy and act as a charger for electric vehicles.

What's your takeaway?

Technavio's industry research report on the global automotive active body panel market 2018-2022 will help you-

• Identify latent opportunities and explorative solutions in the automotive active body panel market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Companies covered

The automotive active body panel market is highly concentrated due to the presence of few established players. This industry research report provides an in-depth analysis of the competitive environment in the lightweight automotive body panels market among the leading vendors. Moreover, our analysts also provide key areas that the vendors should focus on to sustain the competitive environment and gain maximum market share.

The report includes an analysis of a number of companies in this marketspace including -

• Daimler
• Ford
• GM
• HONDA
• Nissan
• Porsche
• Volvo Car

Segmentation by application and analysis of the automotive active body panel market

• Front
• Rear

The front segment accounted for the major share of the lightweight automotive body panels market during 2017. During the forecast period, this segment will continue to grow steadily. The reason for the growth of this segment is the increasing penetration rate of active front grille, active hood system, and upcoming optimized fenders in the automotive market.

Geographical segmentation and analysis of the automotive active body panel market

• Americas
• APAC
• EMEA

EMEA accounted for the maximum shares of the market during 2017. Our analysts have predicted that EMEA will decline in terms of market share in the next five years. However, the Americas will gain significant market share by 2022 and will be leading the lightweight automotive body panels market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive active body panel market?
• What are the key market trends impacting the growth of the global automotive active body panel market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive active body panel market?
• What are the market opportunities and threats faced by the vendors in the global automotive active body panel market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive active body panel market?

Technavio also offers customization on reports based on specific client requirement.