The global automotive lightweight components market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for lightweight vehicles and stringent emission norms in various countries. The passenger cars segment accounted for the largest share in the global automotive lightweight components market in 2018, followed by commercial vehicles. North America was the leading region in terms of revenue contribution, accounting for over one-third of total revenue generated from this market in 2018.
High Strength Steel: High strength steel is a type of steel that has high tensile strength and hardness properties which make it suitable for use as an automotive component material due to its high resistance against corrosion and wear & tear. Aluminum: Aluminum is a metal with low density and high thermal conductivity which makes it suitable as an automotive component material due to its light weight properties and excellent heat dissipation capabilities. Magnesium: Magnesium has excellent corrosion resistance properties which make it suitable as an automotive component material due to its light weight properties and excellent heat dissipation capabilities. Composite Materials: Composite materials are made up of two or more materials that are combined together with different proportions depending on their desired characteristics such as stiffness, strength, weight etc, making them suitable as an automotive component material due to their light weight properties and excellent heat dissipation capabilities Plastic: Plastic is a polymer made up of long chains called polymers that can be molded into any shape or size depending on what they are used for making them suitable as an automotive component material due to their light weight properties.
Some Of The Growth Factors Of This Market:
- The increasing demand for automobiles is a major factor driving the growth of the Automobile Lightweight Components market.
- The increasing number of vehicles in emerging economies such as China and India is also a major factor driving the growth of the Automobile Lightweight Components market.
- The growing demand for lightweight components in automobiles to reduce fuel consumption and emissions is another factor that will drive the growth of this market over the forecast period.
- Increasing focus on safety features in automobiles will also drive this market's growth over the forecast period, as these features require lightweight components to be installed in cars, which will increase demand for these products from manufacturers and suppliers alike.
- Increasing use of aluminum alloys in automobile manufacturing due to their light weight properties is another factor that will drive this market's growth over the forecast period.
Industry Growth Insights published a new data on “Automobile Lightweight Components Market”. The research report is titled “Automobile Lightweight Components Market research by Types (High Strength Steel, Aluminum, Magnesium, Composite Materials, Plastic), By Applications (Passenger Cars, Commercial Vehicles), By Players/Companies Plastic Omnium, Toyoda Gosei, Nemak, BHAP, Alcan, Nippon Light Metal, Suntown Group, YFPO, Dura Automotive, Roechling, Continental Structural Plastics, Constellium”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Lightweight Components Market Research Report
By Type
High Strength Steel, Aluminum, Magnesium, Composite Materials, Plastic
By Application
Passenger Cars, Commercial Vehicles
By Companies
Plastic Omnium, Toyoda Gosei, Nemak, BHAP, Alcan, Nippon Light Metal, Suntown Group, YFPO, Dura Automotive, Roechling, Continental Structural Plastics, Constellium
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Lightweight Components Market Report Segments:
The global Automobile Lightweight Components market is segmented on the basis of:
Types
High Strength Steel, Aluminum, Magnesium, Composite Materials, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Plastic Omnium
- Toyoda Gosei
- Nemak
- BHAP
- Alcan
- Nippon Light Metal
- Suntown Group
- YFPO
- Dura Automotive
- Roechling
- Continental Structural Plastics
- Constellium
Highlights of The Automobile Lightweight Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Strength Steel
- Aluminum
- Magnesium
- Composite Materials
- Plastic
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Lightweight Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile lightweight components are those that are used in vehicles to reduce weight and improve fuel efficiency. These components can include airbags, seatbelts, and headlights.
Some of the key players operating in the automobile lightweight components market are Plastic Omnium, Toyoda Gosei, Nemak, BHAP, Alcan, Nippon Light Metal, Suntown Group, YFPO, Dura Automotive, Roechling, Continental Structural Plastics, Constellium.
The automobile lightweight components market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automobile Lightweight Components Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automobile Lightweight Components Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automobile Lightweight Components Market - Supply Chain
4.5. Global Automobile Lightweight Components Market Forecast
4.5.1. Automobile Lightweight Components Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automobile Lightweight Components Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automobile Lightweight Components Market Absolute $ Opportunity
5. Global Automobile Lightweight Components Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automobile Lightweight Components Market Size and Volume Forecast by Type
5.3.1. High Strength Steel
5.3.2. Aluminum
5.3.3. Magnesium
5.3.4. Composite Materials
5.3.5. Plastic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automobile Lightweight Components Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automobile Lightweight Components Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automobile Lightweight Components Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automobile Lightweight Components Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automobile Lightweight Components Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automobile Lightweight Components Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automobile Lightweight Components Demand Share Forecast, 2019-2026
9. North America Automobile Lightweight Components Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automobile Lightweight Components Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automobile Lightweight Components Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automobile Lightweight Components Market Size and Volume Forecast by Type
9.7.1. High Strength Steel
9.7.2. Aluminum
9.7.3. Magnesium
9.7.4. Composite Materials
9.7.5. Plastic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automobile Lightweight Components Demand Share Forecast, 2019-2026
10. Latin America Automobile Lightweight Components Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automobile Lightweight Components Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automobile Lightweight Components Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automobile Lightweight Components Market Size and Volume Forecast by Type
10.7.1. High Strength Steel
10.7.2. Aluminum
10.7.3. Magnesium
10.7.4. Composite Materials
10.7.5. Plastic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automobile Lightweight Components Demand Share Forecast, 2019-2026
11. Europe Automobile Lightweight Components Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automobile Lightweight Components Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automobile Lightweight Components Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automobile Lightweight Components Market Size and Volume Forecast by Type
11.7.1. High Strength Steel
11.7.2. Aluminum
11.7.3. Magneium
11.7.4. Composite Materials
11.7.5. Plastic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automobile Lightweight Components Demand Share, 2019-2026
12. Asia Pacific Automobile Lightweight Components Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automobile Lightweight Components Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automobile Lightweight Components Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automobile Lightweight Components Market Size and Volume Forecast by Type
12.7.1. High Strength Steel
12.7.2. Aluminum
12.7.3. Magnesium
12.7.4. Composite Materials
12.7.5. Plastic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automobile Lightweight Components Demand Share, 2019-2026
13. Middle East & Africa Automobile Lightweight Components Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automobile Lightweight Components Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automobile Lightweight Components Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automobile Lightweight Components Market Size and Volume Forecast by Type
13.7.1. High Strength Steel
13.7.2. Aluminum
13.7.3. Magnesium
13.7.4. Composite Materials
13.7.5. Plastic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automobile Lightweight Components Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automobile Lightweight Components Market: Market Share Analysis
14.2. Automobile Lightweight Components Distributors and Customers
14.3. Automobile Lightweight Components Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Plastic Omnium
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toyoda Gosei
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nemak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BHAP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alcan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Light Metal
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suntown Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. YFPO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dura Automotive
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Roechling
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Continental Structural Plastics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Constellium
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
