An automotive bumper is a bar that runs transversely in front of or behind a car's body to prevent contact with an obstruction or to absorb the impact of a collision between two cars. In the event of an accident, an automotive bumper functions as a protection upgrade and absorbs the impact, lowering repair costs and potentially saving the lives of occupants or pedestrians. The global Automotive Bumper market is expected to grow at a significant rate in the forthcoming years.
During the forecast period, the automotive bumper market is likely to be driven by a steady increase in vehicle production. An increase in the frequency of accidents caused by people failing to take proper safety procedures while driving is also expected to boost the automotive bumper market in the coming years. Increased efforts to produce better materials for use in automotive bumpers are also expected to generate lucrative prospects in the near future for the automotive bumper market. During the forecast period, the automotive bumper market is anticipated to benefit from stringent regulations enacted by governments around the world to provide better safety and security as well as improved fuel efficiency.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Vehicle Type, Material, Sales Channel, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Toray Industries, Toyota Boshoku Corporation, Faurecia SA, SMP Deutschland GmbH, Flex-N-Gate Corporation, Hyundai Mobis Co., Toyoda Gosei Co., Futaba Industrial Co., Magna International, Plastic Omnium SA. |
Covid-19 Impact on Automotive Bumper Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Automotive Bumper Market Segment Overview
Based on Material, Fiberglass is an important segment in the global Automotive Bumper market. In comparison to plastic, fibreglass has the extra benefit of being extremely light in weight. Fiberglass, on the other hand, is more costly than plastic. However, significant efforts are being made to reduce the cost of fibreglass, which is predicted to be favoured by manufacturers in the near future for bumper manufacturing.
Automotive Bumper Market, By Type
· Standard Bumper
· Deep Drop/Cowboy Bumper
· Roll Pan Bumper
· Step Bumper
· Tuber Bumper
Automotive Bumper Market, By Vehicle Type
· Passenger Vehicles
· Commercial Vehicles
Automotive Bumper Market, By Material
· Steel
· Aluminum
· Plastic
· Fiberglass
Automotive Bumper Market, By Sales Channel
· OEM (Original Equipment Manufacturer)
· Aftermarket
Automotive Bumper Market Regional Overview
Geographically, the automotive bumper market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The automotive bumper market in the Asia Pacific is anticipated to enlarge at a substantial growth rate in the forecast period. This is due to the development of the automotive industry in the region, and the solid presence of significant automotive manufacturers in countries of the Asia Pacific such as China.
Automotive Bumper Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Bumper Market, Key Players
· Toray Industries
· Toyota Boshoku Corporation
· Faurecia SA
· SMP Deutschland GmbH
· Flex-N-Gate Corporation
· Hyundai Mobis Co.
· Toyoda Gosei Co.
· Futaba Industrial Co.
· Magna International
· Plastic Omnium SA.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Automotive Bumper market?
Q2. Which Segments are covered in the global Automotive Bumper market report?
Q3. Which segment is projected to hold the largest share in the global Automotive Bumper market?
Q4. Which region holds the largest share in the global Automotive Bumper market?
Q5. Which are the prominent players in the global Automotive Bumper market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Automotive Bumper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Standard Bumper
- 5.2.2. Deep Drop/Cowboy Bumper
- 5.2.3. Roll Pan Bumper
- 5.2.4. Step Bumper
- 5.2.5. Tuber Bumper
- 5.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.3.1. Passenger Vehicles
- 5.3.2. Commercial Vehicles
- 5.4. Market Analysis, Insights and Forecast – By Material
- 5.4.1. Steel
- 5.4.2. Aluminum
- 5.4.3. Plastic
- 5.4.4. Fiberglass
- 5.5. Market Analysis, Insights and Forecast – By Sales Channel
- 5.5.1. OEM (Original Equipment Manufacturer)
- 5.5.2. Aftermarket
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Automotive Bumper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Standard Bumper
- 6.2.2. Deep Drop/Cowboy Bumper
- 6.2.3. Roll Pan Bumper
- 6.2.4. Step Bumper
- 6.2.5. Tuber Bumper
- 6.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.3.1. Passenger Vehicles
- 6.3.2. Commercial Vehicles
- 6.4. Market Analysis, Insights and Forecast – By Material
- 6.4.1. Steel
- 6.4.2. Aluminum
- 6.4.3. Plastic
- 6.4.4. Fiberglass
- 6.5. Market Analysis, Insights and Forecast – By Sales Channel
- 6.5.1. OEM (Original Equipment Manufacturer)
- 6.5.2. Aftermarket
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Automotive Bumper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Standard Bumper
- 7.2.2. Deep Drop/Cowboy Bumper
- 7.2.3. Roll Pan Bumper
- 7.2.4. Step Bumper
- 7.2.5. Tuber Bumper
- 7.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.3.1. Passenger Vehicles
- 7.3.2. Commercial Vehicles
- 7.4. Market Analysis, Insights and Forecast – By Material
- 7.4.1. Steel
- 7.4.2. Aluminum
- 7.4.3. Plastic
- 7.4.4. Fiberglass
- 7.5. Market Analysis, Insights and Forecast – By Sales Channel
- 7.5.1. OEM (Original Equipment Manufacturer)
- 7.5.2. Aftermarket
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Automotive Bumper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Standard Bumper
- 8.2.2. Deep Drop/Cowboy Bumper
- 8.2.3. Roll Pan Bumper
- 8.2.4. Step Bumper
- 8.2.5. Tuber Bumper
- 8.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.3.1. Passenger Vehicles
- 8.3.2. Commercial Vehicles
- 8.4. Market Analysis, Insights and Forecast – By Material
- 8.4.1. Steel
- 8.4.2. Aluminum
- 8.4.3. Plastic
- 8.4.4. Fiberglass
- 8.5. Market Analysis, Insights and Forecast – By Sales Channel
- 8.5.1. OEM (Original Equipment Manufacturer)
- 8.5.2. Aftermarket
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Automotive Bumper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Standard Bumper
- 9.2.2. Deep Drop/Cowboy Bumper
- 9.2.3. Roll Pan Bumper
- 9.2.4. Step Bumper
- 9.2.5. Tuber Bumper
- 9.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.3.1. Passenger Vehicles
- 9.3.2. Commercial Vehicles
- 9.4. Market Analysis, Insights and Forecast – By Material
- 9.4.1. Steel
- 9.4.2. Aluminum
- 9.4.3. Plastic
- 9.4.4. Fiberglass
- 9.5. Market Analysis, Insights and Forecast – By Sales Channel
- 9.5.1. OEM (Original Equipment Manufacturer)
- 9.5.2. Aftermarket
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Toray Industries
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Toyota Boshoku Corporation
- 10.6. Faurecia SA
- 10.7. SMP Deutschland GmbH
- 10.8. Flex-N-Gate Corporation
- 10.9. Hyundai Mobis Co.
- 10.10. Toyoda Gosei Co.
- 10.11. Futaba Industrial Co.
- 10.12. Magna International
- 10.13. Plastic Omnium SA.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
