Automotive Bumpers Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the automotive bumpers market and it is expected to grow by $ 3.07 bn, accelerating at a CAGR of almost 3% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Automotive Bumpers Market: Key Trends to impact market growth
Changes in recycling standards is one of the key automotive bumpers market trends. APAC has been registering significant growth in recent years and is expected to offer further growth opportunities during the forecast period. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Automotive Bumpers Market: Top Drivers to Boost Demand
The integration of sensors in automotive bumpers is one of the primary factors driving the growth of the automotive bumpers market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business on the path to future growth.
Vendor Analysis: Benteler International AG, COMPAGNIE PLASTIC OMNIUM SE and Fab Fours Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Benteler International AG, COMPAGNIE PLASTIC OMNIUM SE, Fab Fours Inc., FLEX-N-GATE Corp., Futaba Industrial Co. Ltd., Hyundai Mobis Co. Ltd., Magna International Inc., SMP Deutschland GmbH, Toray Industries Inc., and Toyota Motor Corp. are some of the major market participants.
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Automotive Bumpers Market: Key Highlights of the Report for 2021-2025
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