Automotive Body-in-White Market by 2025: Know About Growth with Technology, Analysis by Regions, Type, Application and Top Key Players Gestamp Automicion SA, ThyssenKrupp Systems Engineering, Hyundai Rotem Company, AIDA Engineering

Automotive Body-in-White Market is expected to grow from US$ US$ 90.88 Bn in 2017 to US$ 125.61 Bn by 2025 at a CAGR of 4.1% between 2017 and 2025.

The sales of BIW is largely influenced by numerous factors. Amongst the factors, material type markets influence their sales. Aluminium, steel, magnesium and CFRP are the material types for BIW. These types are expected to have a large impact on the growth of automotive body-in-white market.

The Virtual Reality Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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High rate of global passenger car production in Asian countries such as China, Japan, Korea and India provide significant opportunities for the global suppliers of BIW to increase the market share in these countries. These countries contribute almost 90% of the total production of passenger cars across Asia Pacific, and will strongly support the overall growth of global automotive body-in-white market.

Top key players profiled in the automotive body-in-white market report are 

1. Gestamp Automicion SA
2. ThyssenKrupp Systems Engineering
3. Hyundai Rotem Company
4. AIDA Engineering Ltd.
5. BENTELER International AG
6. Eagle Press & Equipment Co.
7. Magna International Inc.
8. Martinrea International Inc.

Increasing use of lightweight materials in the development of electric vehicles for better efficiency on enhanced use and better mileage is also one of the major reason for the growth of the automotive body-in-white market. For this, the electric vehicles are manufactured using different materials such as steel grades range, high cost aluminium and CFRP composites.

High capital investment for high-end manufacturing capabilities could arise as a restraining factor in the market such as advanced manufacturing and fabrication techniques for lightweight components. Therefore, only few large players in the market are able to fulfill the demands of the OEMs, which restricts the market growth.

The overall automotive body-in-white market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global automotive body-in-white components market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automotive body-in-white market.

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Posted by on Tuesday December 11 2018, 3:30 PM EST. All trademarks acknowledged. Filed under Automotive & Transportation, Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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