Market Overview:
The global automotive hood 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% during the forecast period. The growth of the global automotive hood parts market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, rising awareness about safety features in automobiles is also expected to fuel the growth of the global automotive hood parts market over the forecast period. On basis of type, carbon fiber is anticipated to account for a major share of revenue in 2018 and is projected to register highest CAGR during forecast period owing its properties such as light weight and high strength. Fiberglass held second largest share in terms revenue contribution in 2017 on account if its low cost as compared with other materials used for manufacturing automotive hoods. However, steel based hoods are anticipated witness highest adoption rates due their sturdy nature as well as being affordable when compared with other materials used for manufacturing automotive hoods . Regionally, North America accounted for majority revenue share followed by Europe & Asia Pacific respectively In 2017 On account regional preference towards premium cars which come equipped with advanced features such as carbon fiber Hood Parts .
Product Definition:
The automotive hood is the large metal panel that sits above the engine of a car and houses its mechanical workings. It is also known as the bonnet. The hood is held in place by hinges at the front and opens to provide access to the engine. Hoods may be made from a variety of materials, including steel, aluminum, or plastic.
Carbon Fiber:
Carbon fiber is a form of carbon with unique properties that make it ideal for various applications. It has high tensile strength, low thermal expansion, and good electrical conductivity among others. The primary function of carbon fiber is to provide weight reduction in an automobile; the more fibers used in the manufacturing process, the lighter the vehicle will be.
Fiberglass:
Fiberglass is a type of composite material, which is made up of glass fibers and resin. The basic raw materials used in fiberglass include glass fibers (natural or synthetic) and resins such as polyester, vinyl ester, epoxy, polybenzimidazole (PBI), carbon fiber etc.
Application Insights:
The passenger cars application segment accounted for the largest revenue share of over 60% in 2017. The demand is expected to be driven by an increase in the production of passenger cars, especially in China, India and Japan. Furthermore, stringent government regulations regarding hoods andbonnet designs are anticipated to boost product demand over the forecast period.
Commercial vehicles application segment is projected to witness a CAGR of XX% from 2018 to 2030 owingto increasing utilization of commercial vehicles for logistics services as well as for transporting goods across countries within Europe and Asia Pacific regions. In addition, growing shift towards lightweight trucks that can travel at high speeds without generating much noise is likely to propel product demand from commercial vehicle applications during the forecast period.
UPR Automotive Systems Pvt., Ltd., Mahindra & Mahindra 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 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 industry participants across this region.
Europe was estimated at USD X billion in 2017 owing to high demand from Germany and Italy on account of their large automobile industries present across this region along with presence of premium car manufacturers such as BMW AG., AUDI AG., Volkswagen Group etc.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers
- Technological advancements in hood parts manufacturing process
- Growing popularity of customization and personalization trend among car owners
- Stringent government regulations on automotive safety and emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Hood Parts Market Research Report
By Type
Carbon Fiber, Fiberglass, Steel, others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Aisin Group (Japan), CIE Automotive (Spain), Continental (Germany), Cooper-Standard (USA), Fukae Manufacturing (Japan), Grupo Antolin-Irausa (Spain), Hitachi Chemical (Japan), Kishimoto Seisakusho (Japan), Martinrea International (Canada), Nagata Auto Parts (Japan), Aisin Group (Japan), UNIPRES (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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Hood Parts Market Report Segments:
The global Automotive Hood Parts market is segmented on the basis of:
Types
Carbon Fiber, Fiberglass, Steel, 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:
- Aisin Group (Japan)
- CIE Automotive (Spain)
- Continental (Germany)
- Cooper-Standard (USA)
- Fukae Manufacturing (Japan)
- Grupo Antolin-Irausa (Spain)
- Hitachi Chemical (Japan)
- Kishimoto Seisakusho (Japan)
- Martinrea International (Canada)
- Nagata Auto Parts (Japan)
- Aisin Group (Japan)
- UNIPRES (Japan)
Highlights of The Automotive Hood 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:
- Carbon Fiber
- Fiberglass
- Steel
- 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 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 parts are the various components that make up a car's hood. These parts include the headlight, grille, and other decorative features. Automotive hood parts can also include functional components such as air intakes and exhaust systems.
Some of the major companies in the automotive hood parts market are Aisin Group (Japan), CIE Automotive (Spain), Continental (Germany), Cooper-Standard (USA), Fukae Manufacturing (Japan), Grupo Antolin-Irausa (Spain), Hitachi Chemical (Japan), Kishimoto Seisakusho (Japan), Martinrea International (Canada), Nagata Auto Parts (Japan), Aisin Group (Japan), UNIPRES (Japan).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Hood 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 Parts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Hood 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 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 Parts Market Size & Forecast, 2018-2028 4.5.1 Automotive Hood Parts Market Size and Y-o-Y Growth 4.5.2 Automotive Hood Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive Hood 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 Parts Market Size Forecast by Type
5.2.1 Carbon Fiber
5.2.2 Fiberglass
5.2.3 Steel
5.2.4 others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Hood 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 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 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 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 Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Hood 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 Parts Market Size Forecast by Type
9.6.1 Carbon Fiber
9.6.2 Fiberglass
9.6.3 Steel
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 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 Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Hood 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 Parts Market Size Forecast by Type
10.6.1 Carbon Fiber
10.6.2 Fiberglass
10.6.3 Steel
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 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 Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Hood 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 Parts Market Size Forecast by Type
11.6.1 Carbon Fiber
11.6.2 Fiberglass
11.6.3 Steel
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 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 Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Hood 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 Parts Market Size Forecast by Type
12.6.1 Carbon Fiber
12.6.2 Fiberglass
12.6.3 Steel
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 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 Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Hood 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 Parts Market Size Forecast by Type
13.6.1 Carbon Fiber
13.6.2 Fiberglass
13.6.3 Steel
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 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 Parts Market: Competitive Dashboard
14.2 Global Automotive Hood Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Group (Japan)
14.3.2 CIE Automotive (Spain)
14.3.3 Continental (Germany)
14.3.4 Cooper-Standard (USA)
14.3.5 Fukae Manufacturing (Japan)
14.3.6 Grupo Antolin-Irausa (Spain)
14.3.7 Hitachi Chemical (Japan)
14.3.8 Kishimoto Seisakusho (Japan)
14.3.9 Martinrea International (Canada)
14.3.10 Nagata Auto Parts (Japan)
14.3.11 Aisin Group (Japan)
14.3.12 UNIPRES (Japan)