MarketResearchNest.com adds “Global Automotive Front-End Module Market 2017-2021” new report to its research database. The report spread across 72 pages with table and figures in it.
Research analysts forecast the global automotive front-end module market to grow at a CAGR of 14.93% during the period 2017-2021.
About Automotive Front-end Module
The automotive FEM market is growing at a rapid pace across the world. FEMs are effective for vehicles with unibody frame. However, presently, manufacturers are producing FEMs for body-on-frame type vehicles. This type of frame or chassis is mostly used in SUVs and trucks. The markets for SUVs and pick-up trucks are growing at a rapid rate, which will improve the sales of FEMs that are specific for body-on-frame type vehicles. The increasing demand for safety and comfort of vehicles and the rising number of government regulations are intensifying the cost pressure on OEMs.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive front-end module market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Browse full table of contents and data tables at
The market is divided into the following segments based on geography:
Technavio’s report, Global Automotive Front-end Module Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global automotive front-end module market: Calsonic Kansei Corporation, DENSO, HBPO, HYUNDAI MOBIS, Magna International, and Samvardhana Motherson.
Other Prominent Vendors in the market are: TORAY and SL.
Commenting on the report, an analyst from Research team said: “One trend in the market is growing use of carbon-fiber-reinforced thermoplastics in FEM. The automotive parts made of carbon steel are heavy when compared to other steel combinations. The increasing need for weight reduction and enhanced vehicle performance has brought some changing trend in the materials, which include the use of new materials such as carbon fiber and honeycomb materials.”
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According to the report, one driver in the market is increasing automobile sales. The global automotive market is experiencing an increasing demand for passenger vehicles, especially from emerging economies such as China, Brazil, and India, because of the significant economic growth and elevated purchasing power of consumers. The growth in emerging markets, along with ongoing industrialization and global trade activity, especially in Brazil, Russia, India, and China (BRIC), have been vigorous. The massive fiscal stimulus packages of China in recent years made it the leader in emerging markets. Over the past few years, China has maintained its position as the world’s largest automotive market.
Further, the report states that one challenge in the market is design changes and frequent facelifts. The passenger vehicle market is facing a heavy competition across the world and OEMs are bringing rapid changes to sustain in the market. The changes involve interior design or value addition for safety and comfort, or it could be exterior aerodynamic changes. There are other methods to improve the efficiency of vehicles. Advanced aerodynamics is the most cost-effective way for improving the fuel efficiency of vehicles. According to the EPA-defined city and highway driving schedule, cutting through the air accounts for 13% of the car fuel consumption and for full-size SUVs it accounts for 22% of the fuel consumption. Therefore, the improvement of vehicle aerodynamics plays an important role in enhancing the fuel efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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