Automotive Bumpers Market Revenue to Witness Rapid Growth in the Near Future

Automotive bumpers are imperative in absorbing the impact in the event of a collision, thereby minimizing repair costs and saving the lives of occupants or pedestrians. The automotive bumper market is driven by the rapidly evolving automotive industry, increasing traffic jams leading to numerous accidents, and greater urbanization and industrialization fueling the need for personal mobility. In addition to this, technological advancements in bumper materials coupled with automation and the integration of manufacturer value chains’ is benefiting the automotive bumper market that is estimated to witness a robust CAGR of 5.9% from 2017 to 2022.

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FACTS AT A GLANCE

Companies: Plastic Omnium SA,Magna International, Inc.,Futaba Industrial Co., Ltd.,Toyoda Gosei Co., Ltd,Hyundai Mobis Co., Ltd:,Flex-N-Gate Corporation,SMP Deutschland GmbH,Faurecia SA,Toyota Boshoku Corporation,Toray Industries, Inc.,Others.

Coverage: All major geographies and key segments

Segments: Automotive Bumpers Market Segmented By Segmented By Regular/Standard, Deep Drop Bumpers, Roll Pan Bumpers, Step Bumper, Tube Bumper Product in Plastic, Aluminum Raw Material

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

An automotive bumper is fitted to either the front or rear-end of a vehicle to absorb the impact of any collision and minimize repair costs. Persistence Market Research has conducted an objective, insightful and in-depth analysis of the automotive bumper market in its report ‘Automotive Bumper Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. The report helps provide the reader with a complete picture of the automotive bumper market and it contains meaningful discussions on the drivers, restraints, opportunities, and threats that impact the automotive bumper market. Furthermore, data evaluation across different parameters is carried out to arrive at accurate market forecasts with regards to the automotive bumper market. The competition landscape delivers all the necessary information on the competition key stakeholders can expect in the automotive bumper market along with the companies that shape the automotive bumper market.The first part of the automotive bumper market report talks about the executive summary and introduction. A brief outline and relevant market numbers can be expected in the executive summary section of the automotive bumper market report. The historical analysis for the four-year period ending in 2016 has been compared with the forecast period ending in 2022 to enable readers to make informed decisions in the automotive bumper market. The information about major markets in respect of revenue share and CAGR are provided herein. The introduction section focuses on the definition coupled with the taxonomy of the automotive bumper market and is perfect for readers who wish to understand the automotive bumper market at a micro-level.

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The succeeding section of the automotive bumper market report highlights the key dynamics in the automotive bumper market following which there is information about the cost structure and pricing structure analysis. An assessment of the market participants in terms of intensity mapping concludes this vital section of the automotive bumper market report. The automotive bumper market has been segmented into product type, raw material, vehicle type, sales channel, and region. Key market numbers in the form of revenue comparison, Y-o-Y growth rates, and CAGR have been mentioned. The report has an equal emphasis on both developed as well as developing countries in the automotive bumper market.

The concluding portion of the automotive bumper market report includes the competition landscape in the form of an easy-to-understand dashboard. A company overview, product portfolio, financial information of the company, recent developments, and strategies both long and short-term have all been touched on. A SWOT analysis of the companies is possible and this gives report readers deep insights into the intricate workings of these influential organizations in the automotive bumper market. The competition landscape is a critical component of the automotive bumper market report as it can help both incumbents as well as new entrants in the automotive bumper market devise their market strategies effectively.

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