Global Automotive Front End Module market is predicted to grow from $93.64 billion in 2016 to attain $147.63 billion with the aid of 2023 with a CAGR of 6. 7%. Factors consisting of rising car manufacturing, increased disposable income of center magnificence organization and soaring call for for light-weight front give up modules are fuelling the market increase. The sale of counterfeit products is hindering the market boom.
Geographically, Asia Pacific region is expected to witness large call for for automotive front quit modules attributable to huge call for for automobile production and growing call for for comfort and luxury features in vehicles a few of the growing populace. China is the major contributor inside the vicinity and is anticipated to grow at the very best fee throughout the forecast duration.
Some of the key players in the automotive front end module market are
Calsonic Kansei Corporation
Magna International Inc.
Samvardhana Motherson Automotive Systems Group B.V.
Vehicle Types Covered:
• Heavy Commercial Vehicle
• Passenger Car
• Light Commercial Vehicle
Product Types Covered:
• Internal Air Cooler
• Radiator Core Support
• Motor Fan
• Oil Cooler
• Front Grill
• Horn Assembly
• Cruise Control Sensor
• Hose Assembly
• Night Vision Sensor
• Bracket Assembly
• Bumper Beam
• Front Active Grill
• Automotive Air Quality Sensor
• Park Assist
• Crash Sensor
Latest Update Related Domain (Automotive Industry) –
V2G and V2X Technology
Vehicle-to-grid (V2G) technologies utilized the peak load management in the form of distributed storage devices that allow the use of electric vehicles (EVs). The stored power in these vehicles are used for feeding the electrical system when the demand in homes and offices are at their peak. These are also helpful during sudden spike in electrical load.
Vehicle-to-everything (V2X), on the other hand, refers to a wireless technology, the information between a vehicle and every entity it comes in contact with are exchanged. These entities include infrastructure, other vehicles, the grid, the cloud and devices in the vicinity.
Car Health Monitor
In the wake of constant technological advancements, facial and iris recognition technologies are predicted to gain immense traction in the market. Various manufacturers are striving to deal with the in-vehicle health condition of drivers, detecting the driver’s fatigue, monitoring the heart rate and also detecting sleep deprivation, after which the warning systems are notified. Health monitoring takes place with the help of sensors that have seat belts and steering. Therefore, after the integration of semiconductors, car health monitoring is expected to emerge as the latest trend after 2020.
Table of Content
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Automotive Front End Module Market, By Vehicle Type
6 Global Automotive Front End Module Market, By Product Type
7 Global Automotive Front End Module Market, By Material
8 Global Automotive Front End Module Market, By Geography
9 Key Developments
10 Company Profiling
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