Automotive Bumper Market Competitive Landscape and Trend Analysis Report by Vehicle type : Global Opportunity Analysis and Industry Forecast, 2023-2032
NEW CASTLE, DELAWARE, UNITED STATES, November 13, 2023 /EINPresswire.com/ — A bumper is a structure that is connected to or integrated with the front & rear ends of the motor vehicle, and it plays an important role in absorbing the impact during collisions. The bumpers cannot reduce the effect of impact at high speeds but they can reduce the injury caused to the pedestrians struck by the cars. The bumpers protect the hood, fuel, exhaust, and cooling system. Apart from the safety feature, the automotive bumper is also used for the attractive look of vehicles. Initially, bumpers were just rigid metal bars, and the construction was not very reliable as they were used for cosmetic function of the vehicles. Numerous developments, improvements in metal & technologies, and focus on protecting vehicle components have improved the safety and modified the bumpers over the years. The increased level of automation as well as rapid rate of change in material advancements and integration leads to the rise in the growth of the automotive bumper market
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-toc-and-sample/15157
𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The COVID-19 pandemic has spread across the globe, affecting every aspect of society, including the automobile industry. The automobile components and accessory manufacturing plants have stopped the production, including automotive bumpers. The auto sector also faced significant employment losses as a result of interruptions in demand and supply chain, resulting in a decrease in revenue generation. The sudden decline in the industry has presented a challenge for the automotive manufacturers to plan for recovery following the lockdown. Although the entire auto industry is facing significant challenges, the right action plan at a specific time assists to invalidate the economic slowdown of the automobile bumper market.
𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
Increase in demand for lightweight bumpers, use of thermoplastic olefins to absorb crash, technological developments & safety ratings, demand for high end quality products at a very low-cost creative designs & robust build quality, and improvement in aerodynamics tailgate drive the market.
However, lack of awareness about the use of different materials , and fluctuating prices of raw materials hinder the growth of the bumper market
On the contrary, recycling of automotive plastic bumper, rise in scenarios for safety & fuel economy, and increase in demand for transportation with respect to trading activities provide growth opportunities in the automotive bumper market.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/automotive-bumper-market/purchase-options
𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐞 𝐃𝐞𝐬𝐢𝐠𝐧 𝐚𝐧𝐝 𝐑𝐨𝐛𝐮𝐬𝐭 𝐁𝐮𝐢𝐥𝐝 𝐐𝐮𝐚𝐥𝐢𝐭𝐲
Major auto companies across the globe are working on the shape of automotive plastic bumpers. In terms of safety, the automakers are constantly improving the quality of the bumpers by integrating plastic bumpers that increase the strength, rigidity, and structural properties of car bumpers., The front and rear bumpers from Hyundai Motor use plastic as a raw material which has resulted in better protection quality of bumper, after 20 years of research. Therefore, the bumper has become an essential part of automotive exterior decoration, leading to increase in demand for auto sector in both new and aftermarket vehicles Therefore, the global car bumper market is expected to grow at a formidable rate.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
This study presents the analytical depiction of the automotive bumper market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive bumper market.
The current market is quantitatively analyzed to highlight the growth scenario of the automotive bumper market.
The report provides a detailed automotive bumper market analysis based on competitive intensity and the competition that will take shape in coming years.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/15157
𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐁𝐮𝐦𝐩𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭:
Who are the leading market players active in the automotive bumper market?
What would be the detailed impact of COVID-19 on the market?
What are the current trends that would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the automotive bumper market?
What are the future projections that would help in taking further strategic steps?
𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
Flex-N-Gate Corporation, SMP Deutschland GmbH, (NTF) India Private.Ltd, Magna International, Inc, Toyota Boshoku Corporation, Faurecia SA, Futaba Industrial Co. Ltd, Hyundai Mobis Co. Ltd, Toyoda Gosei Co. Ltd, Plastic Omnium
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐁𝐮𝐦𝐩𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬
𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞
𝐁𝐲 𝐑𝐚𝐰 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥
𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞
Deep Drop Bumper
Roll Plan Bumper
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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