Market Overview:
The global Vehicle Cowl Panel 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 vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about safety are also contributing to the growth of this market. The global Vehicle Cowl Panel market is segmented on the basis of type, application, and region. On the basis of type, it is divided into aluminum material, stainless steel material, and others (including fiberglass reinforced plastic (FRP), carbon fiber reinforced plastic (CFRP), etc.). Aluminum material dominates this market due to its properties such as light weight and corrosion resistance. On the basis of application, it is classified into passenger vehicle and commercial vehicle segments. Passenger vehicle dominates this segment owing to increase in demand for luxury cars across different regions worldwide.
Product Definition:
A vehicle cowl panel is a structural component located at the front of a motor vehicle, between the hood and the windshield. It serves to reinforce the body structure and protect vital components such as the engine and radiator.
Aluminum Material:
Aluminum is the most common metal used in vehicle cowl panels. It has a high strength to weight ratio which makes it ideal for use in automotive applications. The material is widely accepted due to its recyclability and ability to form lightweight components with high corrosion resistance.
The global aluminum material market size was valued at USD 2,867 million in 2016 and is expected to grow at a CAGR of XX% from 2017 - 2018.
Stainless Steel Material:
Stainless steel material is used in vehicle cowl panel manufacturing. It's a type of metal that has high resistance to corrosion, which makes it ideal for use in applications where the finish is frequently exposed to harsh chemicals or environments.
The demand for stainless steel material has been on a rise over the past few years owing to its properties such as lightweight, recyclability & sustainability and low maintenance costs.
Application Insights:
The passenger vehicle segment dominated the global vehicle cowl panel market in terms of revenue, accounting for 52.9% share of the overall revenue in 2017. The demand for passenger vehicles is generally higher in developed regions such as North America and Europe, while developing regions such as Asia Pacific and Latin America are likely to exhibit high consumption of light commercial vehicles (LCVs).
The LCV application segment is projected to witness significant growth over the forecast period owing to increasing utilization of these products within the body structure and framework of these vehicles. In addition, rising demand from countries including China, India and Brazil is expected to boost product penetration over the next few years.
Regional Analysis:
Asia Pacific dominated the global vehicle cowl panel market in terms of both volume and revenue in 2017. The region is expected to maintain its dominance over the forecast period as well owing to increasing demand from developing countries such as India, China, and Japan. In addition, rising disposable income coupled with growing consumer preference for vehicles with better performance characteristics is anticipated to drive growth over the coming years.
The Asia Pacific was followed by North America which accounted for a share of more than 20% in terms of volume in 2017 on account of high demand from U.S., Canada, Mexico, and other Central & South American countries among others.
Growth Factors:
- Increasing demand for lightweight vehicles: The global trend of downsizing and weight reduction in vehicles is expected to drive the demand for vehicle cowl panels. Vehicle cowl panels are made of lightweight materials such as aluminum and plastic, which helps in reducing the overall weight of the vehicle. This, in turn, improves fuel efficiency and reduces emissions.
- Rising demand for electric vehicles: Electric vehicles are becoming increasingly popular due to their low emissions and environmental friendliness. The growing popularity of electric vehicles is expected to drive the demand for vehicle cowl panels made from light-weight materials that can improve the range and performance of these cars.
- Increasing penetration of autonomous cars: Autonomous or self-driving cars are expected to play a major role in future transportation systems. These cars rely on a large number of sensors and cameras that need to be housed in a robust casing or housing unit. Vehicle cowl panels provide an ideal solution for this requirement as they are strong yet lightweight enough not to affect the performance or range of autonomous cars negatively .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Cowl Panel Market Research Report
By Type
Aluminum Material, Stainless Steel Material, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Dorman Products, Bright Brothers, Veegeeindustries Enterprise Private Limited, Original Equipment Reproduction, RestoParts, Sherman, Dynacorn, Goodmark
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Cowl Panel Market Report Segments:
The global Vehicle Cowl Panel market is segmented on the basis of:
Types
Aluminum Material, Stainless Steel Material, 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 Vehicle, 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:
- Dorman Products
- Bright Brothers
- Veegeeindustries Enterprise Private Limited
- Original Equipment Reproduction
- RestoParts
- Sherman
- Dynacorn
- Goodmark
Highlights of The Vehicle Cowl Panel 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:
- Aluminum Material
- Stainless Steel Material
- Others
- By Application:
- Passenger Vehicle
- 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 Vehicle Cowl Panel 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
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- Consumer Insights
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- Product & Brand Management
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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?
A vehicle cowl panel is a piece of metal or plastic that covers the front end of a car or truck. It helps protect the engine from weather and debris.
Some of the major companies in the vehicle cowl panel market are Dorman Products, Bright Brothers, Veegeeindustries Enterprise Private Limited, Original Equipment Reproduction, RestoParts, Sherman, Dynacorn, Goodmark.
The vehicle cowl panel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Cowl Panel 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 Vehicle Cowl Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Cowl Panel 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 Vehicle Cowl Panel 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 Vehicle Cowl Panel Market Size & Forecast, 2020-2028
4.5.1 Vehicle Cowl Panel Market Size and Y-o-Y Growth
4.5.2 Vehicle Cowl Panel Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Aluminum Material
5.2.2 Stainless Steel Material
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Cowl Panel 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 Vehicle Cowl Panel 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Aluminum Material
9.6.2 Stainless Steel Material
9.6.3 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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Aluminum Material
10.6.2 Stainless Steel Material
10.6.3 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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Aluminum Material
11.6.2 Stainless Steel Material
11.6.3 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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Aluminum Material
12.6.2 Stainless Steel Material
12.6.3 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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Aluminum Material
13.6.2 Stainless Steel Material
13.6.3 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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Vehicle Cowl Panel Market: Competitive Dashboard
14.2 Global Vehicle Cowl Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dorman Products
14.3.2 Bright Brothers
14.3.3 Veegeeindustries Enterprise Private Limited
14.3.4 Original Equipment Reproduction
14.3.5 RestoParts
14.3.6 Sherman
14.3.7 Dynacorn
14.3.8 Goodmark
