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

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automotive bumpers market growth during the next five years
• Precise estimation of the automotive bumpers market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive bumpers market industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive bumpers market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 3%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 3.07 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Integration of sensors in automotive bumpers will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   53% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by Material (Plastic and Others), Application (Passenger cars and Commercial vehicles), and Geography (APAC, Europe, North America, South America, and MEA)