Automotive Bumper Market Size, Share, and Analysis, By Material (Metal, Fiber, and Composite Plastic), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Product Type (Standard Bumper, Deep Drop Bumper, Roll Plan Bumper, Step Bumper, and Tube Bumper), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2023-2032
Automotive Bumper Market Size, Share, and Analysis, By Material (Metal, Fiber, and Composite Plastic), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Product Type (Standard Bumper, Deep Drop Bumper, Roll Plan Bumper, Step Bumper, and Tube Bumper), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2023-2032
PRODUCT OVERVIEW
Automotive Bumper Market is expected t%li%grow at a CAGR of 5.1 % in the forecast period (2023-2032), with the market size valued at USD 11.01 billion in 2021 and projected t%li%reach USD 19 billion by 2032.
Automotive Bumper Market refers t%li%the segment of automotive market that manufactures and sells front and rear bumpers for automobiles. These components are crucial for vehicle safety and appearance. The market includes the production, distribution, and sale of different types of bumpers designed t%li%meet safety standards, improve vehicle appearances, and keep up with changing automotive trends. It includes both original equipment manufacturers (OEMs), wh%li%integrate bumpers int%li%new vehicles, and the aftermarket, where replacement bumpers are available for vehicle repairs and personalization. This market is influenced by variables such as vehicle production numbers, safety requirements, consumer preferences, and technological breakthroughs in bumper materials and design.
MARKET HIGHLIGHTS
Automotive Bumper Market is expected t%li%reach USD 19 billion, growing at a CAGR of 5.1%. The market is expanding owing t%li%the rising vehicle production, tougher safety standards, and changing consumer tastes. Manufacturers are required t%li%produce more bumpers as global demand for vehicles grows, while governments' severe safety rules mandate the development of sophisticated bumper technologies and materials. Moreover, growing consumer concerns about car safety and aesthetics stimulate demand for novel bumper designs. Additionally, ongoing technology improvements and the emergence of electric and driverless vehicles open new prospects for bumper innovation, contributing t%li%the market's growth.
Automotive Bumper Market Segments:
Growth Drivers
Rising Demand for Customized and Engaging Driving Experiences Drives Market Growth
Rising Vehicle Production Drives Automotive Bumper Market Growth and Safety Compliance
Restraint
Fluctuations in Raw Material Prices in the Automotive Bumper Market
Key Players
PRODUCT OVERVIEW
Automotive Bumper Market is expected t%li%grow at a CAGR of 5.1 % in the forecast period (2023-2032), with the market size valued at USD 11.01 billion in 2021 and projected t%li%reach USD 19 billion by 2032.
Automotive Bumper Market refers t%li%the segment of automotive market that manufactures and sells front and rear bumpers for automobiles. These components are crucial for vehicle safety and appearance. The market includes the production, distribution, and sale of different types of bumpers designed t%li%meet safety standards, improve vehicle appearances, and keep up with changing automotive trends. It includes both original equipment manufacturers (OEMs), wh%li%integrate bumpers int%li%new vehicles, and the aftermarket, where replacement bumpers are available for vehicle repairs and personalization. This market is influenced by variables such as vehicle production numbers, safety requirements, consumer preferences, and technological breakthroughs in bumper materials and design.
MARKET HIGHLIGHTS
Automotive Bumper Market is expected t%li%reach USD 19 billion, growing at a CAGR of 5.1%. The market is expanding owing t%li%the rising vehicle production, tougher safety standards, and changing consumer tastes. Manufacturers are required t%li%produce more bumpers as global demand for vehicles grows, while governments' severe safety rules mandate the development of sophisticated bumper technologies and materials. Moreover, growing consumer concerns about car safety and aesthetics stimulate demand for novel bumper designs. Additionally, ongoing technology improvements and the emergence of electric and driverless vehicles open new prospects for bumper innovation, contributing t%li%the market's growth.
Automotive Bumper Market Segments:
- By Material
- Metal,
- Fiber
- Composite Plastic
- By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- By Product Type
- Standard Bumper
- Deep Drop Bumper
- Roll Plan Bumper
- Step Bumper
- Tube Bumper
Growth Drivers
Rising Demand for Customized and Engaging Driving Experiences Drives Market Growth
Rising Vehicle Production Drives Automotive Bumper Market Growth and Safety Compliance
Restraint
Fluctuations in Raw Material Prices in the Automotive Bumper Market
Key Players
- Magna International Inc.
- Plastic Omnium
- Samvardhana Motherson Group (SMG)
- Flex-N-Gate
- TOYOTA BOSHOKU CORPORATION
- Montaplast GmbH
- Compagnie Plastic Omnium SA
- KIRCHHOFF Automotive
- Futaba Industrial Co., Ltd.
- Rehau Group
- Tong Yang Group
- ABC Group Inc.
- Hyosung Corporation
- Jiangnan MPT Co., Ltd.
- Faurecia
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3.Automotive Bumper Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Automotive Bumper Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. AUTOMOTIVE BUMPER MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. AUTOMOTIVE BUMPER MARKET
10.1.Overview
10.2. Historical Analysis (2019-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Material
11.3.1.1. Metal
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Fiber
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Composite Plastic
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Product Type
11.3.2.1.Standard Bumper
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Deep Drop Bumper
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Roll Plan Bumper
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Step Bumper
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2.Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5. Tube Bumper
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2.Market Share (%) 2022-2032F
11.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Vehicle Type
11.3.3.1Commercial Vehicle
11.3.3.1.1 By Value (USD Million) 2022-2032F
11.3.3.1.2Market Share (%) 2022-2032F
11.3.3.1.3Y-o-Y Growth (%) 2022-2032F
11.3.3.2Passenger Vehicle
11.3.3.2.1By Value (USD Million) 2022-2032F
11.3.3.2.2 Market Share (%) 2022-2032F
11.3.3.3.1Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Material
12.3.2.By Product Type
12.3.3.By Vehicle Type
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Material
13.3.2.By Product Type
13.3.3.By Vehicle Type
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Material
14.3.2.By Product Type
14.3.3.By Vehicle Type
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Material
15.3.2.By Product Type
15.3.3.By Vehicle Type
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Material
16.3.2.By Product Type
16.3.3.By Vehicle Type
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Magna International Inc.
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Faurecia
18.3.Plastic Omnium
18.4.Samvardhana Motherson Group (SMG)
18.5.Flex-N-Gate
18.6.TOYOTA BOSHOKU CORPORATION
18.7.Montaplast GmbH
18.8.Compagnie Plastic Omnium SA
18.9.KIRCHHOFF Automotive
18.10.Futaba Industrial Co., Ltd.
18.11. Rehau Group
18.12.Tong Yang Group
18.13.ABC Group Inc.
18.14.Hyosung Corporation
18.15.Jiangnan MPT Co., Ltd
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3.Automotive Bumper Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Automotive Bumper Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. AUTOMOTIVE BUMPER MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. AUTOMOTIVE BUMPER MARKET
10.1.Overview
10.2. Historical Analysis (2019-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Material
11.3.1.1. Metal
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Fiber
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Composite Plastic
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Product Type
11.3.2.1.Standard Bumper
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Deep Drop Bumper
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Roll Plan Bumper
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Step Bumper
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2.Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5. Tube Bumper
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2.Market Share (%) 2022-2032F
11.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Vehicle Type
11.3.3.1Commercial Vehicle
11.3.3.1.1 By Value (USD Million) 2022-2032F
11.3.3.1.2Market Share (%) 2022-2032F
11.3.3.1.3Y-o-Y Growth (%) 2022-2032F
11.3.3.2Passenger Vehicle
11.3.3.2.1By Value (USD Million) 2022-2032F
11.3.3.2.2 Market Share (%) 2022-2032F
11.3.3.3.1Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Material
12.3.2.By Product Type
12.3.3.By Vehicle Type
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Material
13.3.2.By Product Type
13.3.3.By Vehicle Type
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Material
14.3.2.By Product Type
14.3.3.By Vehicle Type
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Material
15.3.2.By Product Type
15.3.3.By Vehicle Type
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA AUTOMOTIVE BUMPER MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Material
16.3.2.By Product Type
16.3.3.By Vehicle Type
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Magna International Inc.
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Faurecia
18.3.Plastic Omnium
18.4.Samvardhana Motherson Group (SMG)
18.5.Flex-N-Gate
18.6.TOYOTA BOSHOKU CORPORATION
18.7.Montaplast GmbH
18.8.Compagnie Plastic Omnium SA
18.9.KIRCHHOFF Automotive
18.10.Futaba Industrial Co., Ltd.
18.11. Rehau Group
18.12.Tong Yang Group
18.13.ABC Group Inc.
18.14.Hyosung Corporation
18.15.Jiangnan MPT Co., Ltd
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
