Market Overview:
The global automobile bumper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In terms of type, the front bumper segment is expected to hold a major share of the global automobile bumper market during the forecast period. This can be attributed to its growing demand in passenger cars and commercial vehicles owing to its ability protect vehicle occupants and property in case of an accident. In terms of application,the passenger car segment is expected to hold a major share ofthe global automobile bumper market duringthe forecastperiod owingtoits high adoption ratesin developed countries such as U.S., Canada, Germany, France, Italy, Spainand Japan .
Product Definition:
An automobile bumper is a metal frame that is attached to the front and rear ends of a vehicle, primarily to protect the body from collisions.
Front Bumper:
The front bumper is a part of the vehicle's body structure that protects the radiator and other components from road debris. It also helps in absorbing energy caused by collision with another vehicle or obstacle. The front bumper design has evolved over time, as regulations have mandated changes in its size and shape to improve driver safety.
Tail Bumper:
The tail bumper is a rear-end collision avoidance device that is mounted on the rear end of some vehicles. It's primary function is to protect the vehicle’s backend from damage in low-speed collisions or accidents. The tail bumper typically consists of an array of vertical bars, which can deploy in different configurations to provide protection at different angles and distances from contact with another vehicle or obstacle.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The demand for bumpers is generally higher in passenger cars as compared to commercial vehicles, owing to aesthetic preferences and requirements of safety and security among other factors such as bumper length, material used etc. In addition, increasing penetration rates of online retailing has led consumers to opt for personal vehicles that are more fuel efficient and environmentally friendly which is expected to boost the overall market growth over the forecast period.
The commercial vehicle segment is anticipated witness significant growth during the forecast period on account of rising demand from construction equipment manufacturers including Volvo Group; Daltong Machinery Co.; Caterpillar Inc.; Hyundai Heavy Industries Ltd.; Heerema BV; Hitachi Construction Equipment (Asia) Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to increasing production facilities and sales of premium cars. China, India, Japan, South Korea are some of the major markets that contributed towards regional growth.
Europe was another significant contributor with a share exceeding 20%. The region is home to several luxury car manufacturers such as BMW, Mercedes Benz among others who contribute significantly towards regional growth. North America also had a considerable market share owing to high demand from U.S.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing demand for passenger cars and commercial vehicles. This is anticipated to boost the growth of the automotive bumper market over the forecast period.
- Rising disposable income: The rising disposable income has led to an increase in consumer spending on discretionary items such as automobiles, which is projected to propel the growth of the automotive bumper market during the forecast period.
- Technological advancements: The technological advancements in automobile manufacturing are resulting in lighter and stronger bumpers, which are being adopted by OEMs across different regions worldwide. This is anticipated to fuelthe growth ofthe automotive bumper market overthe next few years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Bumper Market Research Report
By Type
Front Bumper, Tail Bumper, Other
By Application
Passenger Car, Commercial Vehicle
By Companies
Flex-N-Gate, Plastic Omnium, Faurecia, Hyundai Mobis, Motherson, Magna, Zhejiang Yuanchi, Danyang Xinglong, JJ Mold
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Bumper Market Report Segments:
The global Automobile Bumper market is segmented on the basis of:
Types
Front Bumper, Tail Bumper, Other
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 Car, Commercial Vehicle
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:
- Flex-N-Gate
- Plastic Omnium
- Faurecia
- Hyundai Mobis
- Motherson
- Magna
- Zhejiang Yuanchi
- Danyang Xinglong
- JJ Mold
Highlights of The Automobile Bumper 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:
- Front Bumper
- Tail Bumper
- Other
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Bumper 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 bumpers are a type of safety equipment that is typically installed on the front and/or rear of a vehicle to protect it from damage in the event of an accident. Automobile bumpers typically consist of metal plates that extend out from either side of the vehicle, and they are designed to absorb some of the impact energy when someone collides with the car.
Some of the major players in the automobile bumper market are Flex-N-Gate, Plastic Omnium, Faurecia, Hyundai Mobis, Motherson, Magna, Zhejiang Yuanchi, Danyang Xinglong, JJ Mold.
The automobile bumper market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Bumper Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Bumper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Bumper Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Bumper Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Bumper Market Size & Forecast, 2018-2028
4.5.1 Automobile Bumper Market Size and Y-o-Y Growth
4.5.2 Automobile Bumper Market Absolute $ Opportunity
Chapter 5 Global Automobile Bumper Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Bumper Market Size Forecast by Type
5.2.1 Front Bumper
5.2.2 Tail Bumper
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Bumper Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Bumper Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Bumper Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Bumper Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Bumper Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Bumper Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Bumper Market Size Forecast by Type
9.6.1 Front Bumper
9.6.2 Tail Bumper
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Bumper Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Bumper Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Bumper Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Bumper Market Size Forecast by Type
10.6.1 Front Bumper
10.6.2 Tail Bumper
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Bumper Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Bumper Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Bumper Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Bumper Market Size Forecast by Type
11.6.1 Front Bumper
11.6.2 Tail Bumper
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Bumper Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Bumper Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Bumper Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Bumper Market Size Forecast by Type
12.6.1 Front Bumper
12.6.2 Tail Bumper
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Bumper Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Bumper Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Bumper Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Bumper Market Size Forecast by Type
13.6.1 Front Bumper
13.6.2 Tail Bumper
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Bumper Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Bumper Market: Competitive Dashboard
14.2 Global Automobile Bumper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flex-N-Gate
14.3.2 Plastic Omnium
14.3.3 Faurecia
14.3.4 Hyundai Mobis
14.3.5 Motherson
14.3.6 Magna
14.3.7 Zhejiang Yuanchi
14.3.8 Danyang Xinglong
14.3.9 JJ Mold
