Automotive Bumper Market is expected to reach $37.3 Billion by 2027 – An exclusive market research report by Lucintel

January 25 19:43 2023
Automotive Bumper Market is expected to reach $37.3 Billion by 2027 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Automotive Bumper Market
Trends, opportunities and forecast in automotive bumper market to 2027 by bumper type (Standard Bumper, Deep Drop/Cowboy Bumper, Roll Pan Bumper, Step Bumper, and Tuber Bumper), vehicle type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), material (Plastic, Aluminum, and Others), end user (OEM and Aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that automotive bumper provides attractive opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The automotive bumper market is expected to reach $37.3 billion by 2027 with a CAGR of 4.9%. In this market, standard bumper is the largest segment by bumper type. The increasing use of thermoplastic olefin, introduction of materialize stereo lithography, and development of bumpers made with recycled plastics provides strategic growth path in this market.

Based on bumper type, the automotive bumper market is segmented into standard bumper, deep drop/cowboy bumper, roll pan bumper, step bumper, and tuber bumper. The standard bumper segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to bumpers delivers are used in most of the vehicles or cars.

Browse in-depth TOC on “Automotive Bumper Market”

82 – Tables

116 – Figures

182 – Pages

The Automotive Bumper Market is marked by the presence of several big and small players. Some of the prominent players offering automotive bumper include Plastic Omnium, Faurecia, Magna International, Toyoda Gosei Co, and Futaba Industrial Co.

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https://www.lucintel.com/automotive-bumper-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

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