$ 3.07 Bn growth expected in Automotive Bumpers Market during 2021-2025 | Integration of Sensors in Automotive Bumpers to drive growth | Technavio

NEW YORK, May 21, 2021 /PRNewswire/ —
Technavio has been monitoring the automotive bumpers…

NEW YORK, May 21, 2021 /PRNewswire/ —

Technavio has been monitoring the automotive bumpers market and it is poised to grow by USD 3.07 billion during 2021-2025, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • Based on segmentation by material, which is the leading segment in the market?

    Based on the material, the market saw maximum growth in the plastic segment in 2020.
  • What are the major trends in the market?

    Changes in recycling standards is the major trend in the market.
  • At what rate is the market projected to grow?

    The market is projected to grow at a CAGR of almost 3% during the forecast period.
  • Who are the top players in the market?

    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 the top players in the market.
  • What are the key market drivers and challenges?

    The market is driven by the integration of sensors in automotive bumpers. However, increasing cost pressure for OEMs might challenge growth.
  • How big is the APAC market?

    APAC dominated the market with a 53% share in 2020.

Related Reports on Consumer Discretionary Include:

Global Smart Bumper Market – Global smart bumper market is segmented by end-user (OEM and aftermarket) and geography (APAC, Europe, MEA, North America, and South America).

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Global Automotive Skid Plate Market – Global automotive skid plate market is segmented by application (SUV, pickup truck, ATV, and adventure motorcycle) and geography (North America, APAC, Europe, South America, and MEA).

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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. Although the integration of sensors in automotive bumpers will offer immense growth opportunities, increasing cost pressure for OEMs is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive bumpers market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Bumpers Market 2021-2025: Segmentation

Automotive Bumpers Market is segmented as below:

  • Material
    • Plastic
    • Others
  • Application
    • Passenger Cars
    • Commercial Vehicles
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44000

Automotive Bumpers Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive bumpers market report covers the following areas:

  • Automotive Bumpers Market Size
  • Automotive Bumpers Market Trends
  • Automotive Bumpers Market Industry Analysis

This study identifies changes in recycling standards as one of the prime trends driving the Automotive Bumpers Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Automotive Bumpers Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automotive bumpers market growth during the next five years
  • Estimation of the automotive bumpers market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive bumpers market across APAC, Europe, North America, South America, and MEA
  • 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

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Passenger cars – Market size and forecast 2020-2025
  • Commercial vehicles – Market size and forecast 2020-2025
  • Market opportunity by Application

Market Segmentation by Material

  • Market segments
  • Comparison by Material
  • Plastic – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Material

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Benteler International AG
  • Fab Fours Inc.
  • FLEX-N-GATE Corp.
  • Futaba Industrial Co. Ltd.
  • Hyundai Mobis Co. Ltd.
  • Magna International Inc.
  • SMP Deutschland GmbH
  • Toray Industries Inc.
  • Toyota Motor Corp.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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Report: www.technavio.com/report/automotive-bumpers-market-industry-analysis

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