The global lightweight automotive parts market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for lightweight automotive parts in passenger cars and commercial vehicles. Lightweight automotive parts are used in passenger cars and commercial vehicles as they reduce the weight of these vehicles, thereby improving fuel efficiency and reducing emissions. Passenger cars are expected to be the fastest-growing segment in this market during the forecast period, owing to their increasing demand across various regions globally.
Some Of The Growth Factors Of This Market:
- Increasing demand for lightweight automotive parts in emerging economies such as China and India is expected to drive the Lightweight Automotive Parts market.
- Increasing demand for fuel efficient vehicles is also driving the Lightweight Automotive Parts market.
- The increasing use of lightweight materials in automotive parts such as aluminum, magnesium, and titanium are also driving the Lightweight Automotive Parts market.
- The increasing focus on reducing CO2 emissions by manufacturers is also driving the Lightweight Automotive Parts market.
Industry Growth Insights published a new data on “Lightweight Automotive Parts Market”. The research report is titled “Lightweight Automotive Parts Market research by Types (Aluminum Automotive Parts, Magnesium Automotive Parts, Zinc Automotive Parts), By Applications (Passenger Cars, Commercial Vehicle), By Players/Companies Bosch, Continental, Denso, ZF, Honeywell International, Mitsubishi Electric, Magna International, Aisin Seiki, Weichai Power, Valeo Group, Cummins, Inc., Toyota, Schaeffler, JTEKT, Tenneco, Hitachi, HELLA, TVS, Hyundai, NOK, Guangxi Yuchai Machinery Group, Linamar, CIE Automotive, Futaba Industrial, GAC Component, KYB, Meridian Lightweight Technologies, Georg Fischer, Keihin, SeAH Besteel”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lightweight Automotive Parts Market Research Report
By Type
Aluminum Automotive Parts, Magnesium Automotive Parts, Zinc Automotive Parts
By Application
Passenger Cars, Commercial Vehicle
By Companies
Bosch, Continental, Denso, ZF, Honeywell International, Mitsubishi Electric, Magna International, Aisin Seiki, Weichai Power, Valeo Group, Cummins, Inc., Toyota, Schaeffler, JTEKT, Tenneco, Hitachi, HELLA, TVS, Hyundai, NOK, Guangxi Yuchai Machinery Group, Linamar, CIE Automotive, Futaba Industrial, GAC Component, KYB, Meridian Lightweight Technologies, Georg Fischer, Keihin, SeAH Besteel
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Lightweight Automotive Parts Market Report Segments:
The global Lightweight Automotive Parts market is segmented on the basis of:
Types
Aluminum Automotive Parts, Magnesium Automotive Parts, Zinc Automotive Parts
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 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:
- Bosch
- Continental
- Denso
- ZF
- Honeywell International
- Mitsubishi Electric
- Magna International
- Aisin Seiki
- Weichai Power
- Valeo Group
- Cummins, Inc.
- Toyota
- Schaeffler
- JTEKT
- Tenneco
- Hitachi
- HELLA
- TVS
- Hyundai
- NOK
- Guangxi Yuchai Machinery Group
- Linamar
- CIE Automotive
- Futaba Industrial
- GAC Component
- KYB
- Meridian Lightweight Technologies
- Georg Fischer
- Keihin
- SeAH Besteel
Highlights of The Lightweight Automotive 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:
- Aluminum Automotive Parts
- Magnesium Automotive Parts
- Zinc Automotive Parts
- By Application:
- Passenger Cars
- 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 Lightweight Automotive 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?
Lightweight automotive parts are those that are made from a lighter weight material than traditional automotive parts. This can be done in a number of ways, including using less metal, using more plastic or composites, or by reducing the weight of the part itself.
Some of the major companies in the lightweight automotive parts market are Bosch, Continental, Denso, ZF, Honeywell International, Mitsubishi Electric, Magna International, Aisin Seiki, Weichai Power, Valeo Group, Cummins, Inc., Toyota, Schaeffler, JTEKT, Tenneco, Hitachi, HELLA, TVS, Hyundai, NOK, Guangxi Yuchai Machinery Group, Linamar, CIE Automotive, Futaba Industrial, GAC Component, KYB, Meridian Lightweight Technologies, Georg Fischer, Keihin, SeAH Besteel.
The lightweight automotive parts market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lightweight Automotive Parts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lightweight Automotive Parts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lightweight Automotive Parts Market - Supply Chain
4.5. Global Lightweight Automotive Parts Market Forecast
4.5.1. Lightweight Automotive Parts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lightweight Automotive Parts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lightweight Automotive Parts Market Absolute $ Opportunity
5. Global Lightweight Automotive Parts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lightweight Automotive Parts Market Size and Volume Forecast by Type
5.3.1. Aluminum Automotive Parts
5.3.2. Magnesium Automotive Parts
5.3.3. Zinc Automotive Parts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lightweight Automotive Parts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lightweight Automotive Parts Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lightweight Automotive Parts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lightweight Automotive Parts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lightweight Automotive Parts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lightweight Automotive Parts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lightweight Automotive Parts Demand Share Forecast, 2019-2026
9. North America Lightweight Automotive Parts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lightweight Automotive Parts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lightweight Automotive Parts Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lightweight Automotive Parts Market Size and Volume Forecast by Type
9.7.1. Aluminum Automotive Parts
9.7.2. Magnesium Automotive Parts
9.7.3. Zinc Automotive Parts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lightweight Automotive Parts Demand Share Forecast, 2019-2026
10. Latin America Lightweight Automotive Parts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lightweight Automotive Parts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lightweight Automotive Parts Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lightweight Automotive Parts Market Size and Volume Forecast by Type
10.7.1. Aluminum Automotive Parts
10.7.2. Magnesium Automotive Parts
10.7.3. Zinc Automotive Parts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lightweight Automotive Parts Demand Share Forecast, 2019-2026
11. Europe Lightweight Automotive Parts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lightweight Automotive Parts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lightweight Automotive Parts Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lightweight Automotive Parts Market Size and Volume Forecast by Type
11.7.1. Aluminum Automotive Parts
11.7.2. Magnesium Automotive Parts
11.7.3. Zic Automotive Parts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lightweight Automotive Parts Demand Share, 2019-2026
12. Asia Pacific Lightweight Automotive Parts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lightweight Automotive Parts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lightweight Automotive Parts Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lightweight Automotive Parts Market Size and Volume Forecast by Type
12.7.1. Aluminum Automotive Parts
12.7.2. Magnesium Automotive Parts
12.7.3. Zinc Automotive Parts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lightweight Automotive Parts Demand Share, 2019-2026
13. Middle East & Africa Lightweight Automotive Parts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lightweight Automotive Parts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lightweight Automotive Parts Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lightweight Automotive Parts Market Size and Volume Forecast by Type
13.7.1. Aluminum Automotive Parts
13.7.2. Magnesium Automotive Parts
13.7.3. Zinc Automotive Parts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lightweight Automotive Parts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lightweight Automotive Parts Market: Market Share Analysis
14.2. Lightweight Automotive Parts Distributors and Customers
14.3. Lightweight Automotive Parts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Denso
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Magna International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aisin Seiki
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Weichai Power
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Valeo Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cummins, Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Toyota
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schaeffler
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JTEKT
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tenneco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hitachi
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HELLA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TVS
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hyundai
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. NOK
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
