Market Overview:
The global Vehicle Rocker 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 and technological advancements are also contributing to the growth of this market. The global Vehicle Rocker Panel market is segmented on the basis of type, application, and region. On the basis of type, it is divided into single rocker panel, double rocker panel, and others (including three-piece panels). The passenger vehicle segment dominates this market owing to an increase in demand for luxury cars across different regions. However, with technological advancements in commercial vehicles such as electric trucks & buses; there is an increase in demand for these types of vehicles which will drive growth in this segment over the forecast period.
Product Definition:
The Rocker Panel is the strip of metal or plastic that extends along the bottom of a car's exterior side doors. It provides structural support and helps to seal the door against weather and wind. The Rocker Panel is also a key area for attaching body trim, moldings, and other exterior features.
Single:
Single is a new term in the vehicle rocker panel market which was introduced by Ford Motors Co. during the design and development of 2015-2016 Transit Connect, 2010-2014 Focus, 2011-2012 C-MAX and Mondeo. Single refers to one side of a vehicle’s structure that includes door panels, rockers or even fenders. It's also used for single door cars like hatchbacks or sedan that has only one door on either side i.e.
Double:
Double is a structural metal alloy of aluminum and steel. It is used in vehicle rocker panels due to its high strength, corrosion resistance, and low cost over other metals such as iron or titanium.
Rocker Panels are manufactured using different types of metals for the inner & outer skin depending on the weight of the vehicle and application requirements.
Application Insights:
The commercial vehicle rocker panel segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing demand for trucks, buses and coaches from various end-use markets including Europe, North America and Asia Pacific. In addition, growing investments by governments in developing public transport systems are expected to drive the demand over the forecast period.
Passenger vehicle rocker panel is expected to grow at a significant rate owing to increased consumer preference for comfort and convenience coupled with rising disposable income levels in major economies such as U.S., China, Japan and Germany among others across regions globally. Moreover, passenger vehicles offer more room inside thus providing better scope for entertainment systems which has further augmented market growth over recent years globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from developing countries such as India, China, and Japan. Moreover, rising disposable income coupled with a growing preference for passenger vehicles is also expected to drive regional growth over the next eight years.
The North American market was valued at USD X billion in 2017 owing to high demand from U.S.
Europe held a significant share in the global industry owing to presence of prominent luxury car manufacturers including AUDI AG; BMW AG; Mercedes-Benz AMG GmbH; Porsche Carsuniteil AG etc.
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 rocker panels. Vehicle rocker panels are used to cover and protect the lower part of a car’s body from damage. They are typically made of lightweight materials such as plastic or aluminum, which makes them ideal for reducing the overall weight of a vehicle.
- Growing popularity of SUVs and crossovers: The popularity of SUVs and crossovers is growing rapidly, especially in developed markets such as North America and Europe. This is driving the demand for vehicle rocker panels, as they are essential components in these types of vehicles.
- Rising automotive production worldwide: Automotive production is increasing rapidly worldwide, driven by growth in developing countries such as China and India. This is leading to an increase in demand for vehicle components such as rocker panels, which are used in all types of cars.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Rocker Panel Market Research Report
By Type
Single, Double, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
B&I, Nor/Am Auto Body Parts, QMI sharp, Smittybilt, Willmore Manufacturing, Auto Metal Direct, C2C Fabrication, Innovative Creations, Putco, Rugged Ridge
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Rocker Panel Market Report Segments:
The global Vehicle Rocker Panel market is segmented on the basis of:
Types
Single, Double, 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:
- B&I
- Nor/Am Auto Body Parts
- QMI sharp
- Smittybilt
- Willmore Manufacturing
- Auto Metal Direct
- C2C Fabrication
- Innovative Creations
- Putco
- Rugged Ridge
Highlights of The Vehicle Rocker 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:
- Single
- Double
- 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 Rocker 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
- 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?
A vehicle rocker panel is a component of the car that helps to control the ride quality. It is made up of several panels that move up and down, side to side, or in circles. This movement helps to adjust the suspension and improve comfort for passengers.
Some of the key players operating in the vehicle rocker panel market are B&I, Nor/Am Auto Body Parts, QMI sharp, Smittybilt, Willmore Manufacturing, Auto Metal Direct, C2C Fabrication, Innovative Creations, Putco, Rugged Ridge.
The vehicle rocker 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 Rocker 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 Rocker Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Rocker 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 Rocker 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 Rocker Panel Market Size & Forecast, 2018-2028
4.5.1 Vehicle Rocker Panel Market Size and Y-o-Y Growth
4.5.2 Vehicle Rocker Panel Market Absolute $ Opportunity
Chapter 5 Global Vehicle Rocker Panel 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 Vehicle Rocker Panel Market Size Forecast by Type
5.2.1 Single
5.2.2 Double
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Rocker Panel 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 Vehicle Rocker Panel 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 Rocker 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 Rocker 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 Vehicle Rocker Panel Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Rocker Panel 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 Vehicle Rocker Panel Market Size Forecast by Type
9.6.1 Single
9.6.2 Double
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 Vehicle Rocker Panel 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 Vehicle Rocker Panel Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Rocker Panel 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 Vehicle Rocker Panel Market Size Forecast by Type
10.6.1 Single
10.6.2 Double
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 Vehicle Rocker Panel 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 Vehicle Rocker Panel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Rocker Panel 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 Vehicle Rocker Panel Market Size Forecast by Type
11.6.1 Single
11.6.2 Double
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 Vehicle Rocker Panel 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 Vehicle Rocker Panel Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Rocker Panel 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 Vehicle Rocker Panel Market Size Forecast by Type
12.6.1 Single
12.6.2 Double
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 Vehicle Rocker Panel 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) Vehicle Rocker Panel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Rocker Panel 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) Vehicle Rocker Panel Market Size Forecast by Type
13.6.1 Single
13.6.2 Double
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) Vehicle Rocker Panel 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 Rocker Panel Market: Competitive Dashboard
14.2 Global Vehicle Rocker Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B&I
14.3.2 Nor/Am Auto Body Parts
14.3.3 QMI sharp
14.3.4 Smittybilt
14.3.5 Willmore Manufacturing
14.3.6 Auto Metal Direct
14.3.7 C2C Fabrication
14.3.8 Innovative Creations
14.3.9 Putco
14.3.10 Rugged Ridge
