Market Overview:
The global automotive hood panel parts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. On the basis of type, the engine harness cover segment is expected to account for a major share of the global automotive hood panel parts market during the forecast period. This can be attributed to its growing demand in passenger cars. The engine valve cover segment is also anticipated to witness significant growth during the forecast period owing to its increasing use in commercial vehicles. On the basis of application, passenger cars are expected to dominatethe global automotive hood panel parts market throughoutthe forecast period.
Product Definition:
An automotive hood panel is the large piece of metal that covers the engine in a car. It is typically held in place by hinges and latches, and can be opened to provide access to the engine. Hood panels are often decorated with logos or other designs, and may be made from a variety of materials including plastic, aluminum, or steel. They are important for protecting the engine from weather and debris, and can also help improve aerodynamics.
Engine Harness Cover:
Engine harness cover is a device which is installed over the engine in automotive hoods to protect it from rain, dust and other flying particles. It also helps in keeping the cables and hoses away from harm's way. The growth factor for this market is primarily driven by rising demand for automobiles across the globe coupled with increasing awareness regarding safety among consumers.
Engine Valve Cover:
The engine valve cover is a metal plate attached to the top of an automobile engine. It covers and protects the valves that are exposed when the hood is lifted on a car.
Application Insights:
The passenger cars segment held the largest share of over 60.0% in 2017. The growth can be attributed to increasing demand for passenger vehicles, especially from emerging economies such as China, India and Brazil. These countries are registering a rapid rise in per capita income which enables them to spend more on automotive needs including new car purchases and other related expenses such as insurance premium payments etcetera. This factor is expected to drive the demand for hood panel parts over the forecast period thereby propelling market growth across regions during the study period.
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 revenue and is likely to witness significant growth over the forecast period. This can be attributed to increasing demand from developing countries such as India, China, Thailand, Malaysia etc. In addition, rising disposable income coupled with changing lifestyle will drive automotive sales further which will create opportunities for hood panel parts manufacturers over the next eight years.
Europe was estimated at USD X billion in 2017 owing to high demand from Germany on account of stringent regulations regarding vehicle pollution levels coupled with growing awareness about fuel economy figures among consumers driving cars manufactured before 2010 model year are most likely hood panels replacement options).
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles: The automotive hood panel parts market is expected to benefit from the increasing demand for lightweight and fuel-efficient vehicles. This is because hood panel parts play an important role in reducing the weight of a vehicle, which in turn improves its fuel efficiency.
- Rising disposable income of consumers: The growth of the automotive hood panel parts market is also expected to be driven by rising disposable incomes of consumers, especially in developing countries such as China and India. This is because as consumer incomes rise, they are increasingly able to afford luxury items such as cars that require high-quality hood panel parts.
- Technological advancements: Hood Panel Parts manufacturers are constantly striving to develop new technologies that can improve the performance and durability of their products. This is likely to result in increased sales volumes for automotive hood panel parts over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Hood Panel Parts Market Research Report
By Type
Engine Harness Cover, Engine Valve Cover, Hood Pull, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Aska (Japan), Benteler Deutschland (Germany), Gestamp Automocion (Spain), Hidaka Precision (Japan), Hiroshima Seiken Kogyo (Japan), Ichii Industries (Japan), Johnan Manufacturing (Japan), KEYLEX (Japan), Kobe Steel (Japan), Magna International (Canada), Aska (Japan), Ohashi Iron Works (Japan), Otsuru (Japan), Shiroyama Industry (Japan), Sungwoo Hitech (Korea), Takada Kogyo (Japan), Tata AutoComp Systems (India), ThyssenKrupp (Germany), Topy Industries (Japan), Tower International (USA), Toyotomi Kiko (Japan), UACJ Metal Components (Japan)
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Hood Panel Parts Market Report Segments:
The global Automotive Hood Panel Parts market is segmented on the basis of:
Types
Engine Harness Cover, Engine Valve Cover, Hood Pull, Others
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:
- Aska (Japan)
- Benteler Deutschland (Germany)
- Gestamp Automocion (Spain)
- Hidaka Precision (Japan)
- Hiroshima Seiken Kogyo (Japan)
- Ichii Industries (Japan)
- Johnan Manufacturing (Japan)
- KEYLEX (Japan)
- Kobe Steel (Japan)
- Magna International (Canada)
- Aska (Japan)
- Ohashi Iron Works (Japan)
- Otsuru (Japan)
- Shiroyama Industry (Japan)
- Sungwoo Hitech (Korea)
- Takada Kogyo (Japan)
- Tata AutoComp Systems (India)
- ThyssenKrupp (Germany)
- Topy Industries (Japan)
- Tower International (USA)
- Toyotomi Kiko (Japan)
- UACJ Metal Components (Japan)
Highlights of The Automotive Hood Panel Parts 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:
- Engine Harness Cover
- Engine Valve Cover
- Hood Pull
- Others
- 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 Automotive Hood Panel Parts 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?
Automotive hood panel parts are the components that make up the hood of a car. They include things like the windshield, roof, and front and rear fenders.
Some of the major players in the automotive hood panel parts market are Aska (Japan), Benteler Deutschland (Germany), Gestamp Automocion (Spain), Hidaka Precision (Japan), Hiroshima Seiken Kogyo (Japan), Ichii Industries (Japan), Johnan Manufacturing (Japan), KEYLEX (Japan), Kobe Steel (Japan), Magna International (Canada), Aska (Japan), Ohashi Iron Works (Japan), Otsuru (Japan), Shiroyama Industry (Japan), Sungwoo Hitech (Korea), Takada Kogyo (Japan), Tata AutoComp Systems (India), ThyssenKrupp (Germany), Topy Industries (Japan), Tower International (USA), Toyotomi Kiko (Japan), UACJ Metal Components (Japan).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Hood Panel Parts 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 Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size & Forecast, 2018-2028
4.5.1 Automotive Hood Panel Parts Market Size and Y-o-Y Growth
4.5.2 Automotive Hood Panel Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Type
5.2.1 Engine Harness Cover
5.2.2 Engine Valve Cover
5.2.3 Hood Pull
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Hood Panel Parts 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 Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Type
9.6.1 Engine Harness Cover
9.6.2 Engine Valve Cover
9.6.3 Hood Pull
9.6.4 Others
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 Automotive Hood Panel Parts Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Automotive Hood Panel Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Type
10.6.1 Engine Harness Cover
10.6.2 Engine Valve Cover
10.6.3 Hood Pull
10.6.4 Others
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 Automotive Hood Panel Parts Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Automotive Hood Panel Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Type
11.6.1 Engine Harness Cover
11.6.2 Engine Valve Cover
11.6.3 Hood Pull
11.6.4 Others
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 Automotive Hood Panel Parts Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Automotive Hood Panel Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Hood Panel Parts 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 Automotive Hood Panel Parts Market Size Forecast by Type
12.6.1 Engine Harness Cover
12.6.2 Engine Valve Cover
12.6.3 Hood Pull
12.6.4 Others
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 Automotive Hood Panel Parts Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Automotive Hood Panel Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Hood Panel Parts 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) Automotive Hood Panel Parts Market Size Forecast by Type
13.6.1 Engine Harness Cover
13.6.2 Engine Valve Cover
13.6.3 Hood Pull
13.6.4 Others
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) Automotive Hood Panel Parts Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Automotive Hood Panel Parts Market: Competitive Dashboard
14.2 Global Automotive Hood Panel Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aska (Japan)
14.3.2 Benteler Deutschland (Germany)
14.3.3 Gestamp Automocion (Spain)
14.3.4 Hidaka Precision (Japan)
14.3.5 Hiroshima Seiken Kogyo (Japan)
14.3.6 Ichii Industries (Japan)
14.3.7 Johnan Manufacturing (Japan)
14.3.8 KEYLEX (Japan)
14.3.9 Kobe Steel (Japan)
14.3.10 Magna International (Canada)
14.3.11 Aska (Japan)
14.3.12 Ohashi Iron Works (Japan)
14.3.13 Otsuru (Japan)
14.3.14 Shiroyama Industry (Japan)
14.3.15 Sungwoo Hitech (Korea)
14.3.16 Takada Kogyo (Japan)
14.3.17 Tata AutoComp Systems (India)
14.3.18 ThyssenKrupp (Germany)
14.3.19 Topy Industries (Japan)
14.3.20 Tower International (USA)
14.3.21 Toyotomi Kiko (Japan)
14.3.22 UACJ Metal Components (Japan)
