Automotive Front End Module Market: IoT Integration Fuelling Sales as Miniaturiz

Posted by Arslan on May 24th, 2019

 The report on “Automotive Front End Module Market Forecast, Trend Analysis and Competition Tracking – Global Review 2017-2022”, provides actionable intelligence on various segments of the market. Analysis on use of automotive front end module in passenger cars, light weight commercial vehicles and HCVs is included in the report. Moreover, it also includes historical data assessment, current market scenario and future projections of automotive front end module market across key regions and countries for a five year timeline (2017-2022). The report also covers analysis on various materials used in manufacturing of automotive front end module.

With eminent spike in passenger vehicles as well as heavy duty vehicles on the back of proliferated industrialization and urbanization round the globe, more emphatically across low and mid income companies, vendors in automotive front end module market are likely to spot ample growth triggers in emerging economies such as China. Availability of low cost resources and access to cheap labor are likely to drive automobile industry in the region. Automotive front end module essentially comprises multi-piece component assembly of diverse automotive parts such as panels, bumpers, and electronics and wiring system that ensures optimum accuracy, functionality and accuracy.

Growing stewardship towards environmental protection amongst modern consumers is being rapidly spearheaded by stringent government protocols and norms pertaining minimal fuel emissions. Skew towards fuel efficient vehicles has maneuvered palpable innovations in terms of lightweight vehicles production. Manufacturers in automotive front end module market are investing optimally towards novel building components such as plastic to align with light weight vehicle structure. Additionally, emergence of hybrid systems such as composites and steel is a novelty which is likely to further pump in considerable growth in front end module market.

Characterized by large number of both third party suppliers as well as OEMs, automotive front end module market witnesses strong foothold of outsourcing agents. Outsourcing aids eliminating a large number of assembly-line phases, besides depreciating operational costs with reduced tool expenditure. Outsourcing therefore remains a key growth strategy amongst leading vendors in automotive front end module market.

Automotive Front End Module Market: Overview

The automotive front end module market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive front end module market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

Emerging Economies to Remain Opportunistic Markets for Automotive Front End Modules Manufacturers

Increasing automobile production in emerging economies of China and India in the Asia Pacific (APAC) has largely influenced the growth of the automotive front end module market. Manufacturers of automotive front end modules can expect momentous growth in emerging countries of APAC in the coming years. In addition, stakeholders in the automotive front end module market have been targeting China owing to its huge economic stimulus.

IoT Integration Fuelling Sales of Automotive Front End Modules as Miniaturization goes Mainstream

Miniaturization of automotive front end modules along with integration of Internet of Things (IoT) continues to be on an upswing. Proliferation of smart technologies in automotive sector have enabled stakeholders to invest in development of automotive parts using which customers can stay connected with other users in vehicles. This triggered the development of automotive front end modules that feature Bluetooth, Wi-Fi, and LTE connectivity.

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https://www.factmr.com/report/29/automotive-front-end-module-market

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of automotive front end module market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors.

Automotive Front End Module Market: Competition Landscape

This section of the report offers a detailed section on key contributors in automotive front end module market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

The automotive front end module market includes assessment on various key players. Major companies profiled in the report include Plastic Ominum, HBPO GmbH, MAHLE GmbH, Faurecia SA, and DENSO Corporation, to name a few.