Automotive Front end Module Market Industry Trends and Demand 2 - Erie News Now | WICU & WSEE in Erie, PA

Automotive Front end Module Market Industry Trends and Demand 2022

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"Global Automotive Front End Module Market Research Report - Forecast to 2022"
Global Automotive Front End Module Market Information by Material (Steel, Composite, Plastic, and Others), by Component (Headlight, Front Grill, Radiator, Condenser, Horn Assembly, Oil Cooler and Others), by Vehicle (Passenger, Commercial) and by Region - Forecast to 2022

Market Scenario:

Automotive front end module are multipiece assemblies that integrate the large number of parts such as forward light, radiator and colling fans, bumpers, air conditioning condensers, and others. Rising demand for reduction in weight for vehicles and increasing demand for technically advanced light weight front end modules are expected to surge the demand for the automotive front end module. As the structure of the modular FEM can be standardized which allows common design to be used in multiple models hence leads to cost saving. Also, FEMs can be installed late in the assembly sequence which saves time and cost during the manufacturing process of the vehicle. As per trend, light weight composites FEM such as polypropylene are used in the vehicles to increase the fuel efficiency and performance of the vehicle which in turn expected to contribute in the growth of the automotive front end module market. The global automotive front end module market is expected to show a growth at CAGR of about 6% from 2016 to 2022.

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Key Players:

The key players of Global Automotive Front end module Market report include- Mahle GmbH, Faurecia SA, Denso Corporation, Calsonic Kansei Corporation, Hbpo Group, Magna International Inc., Hyundai Mobis, Plastic Omnium, SL Corporation, and Valeo S.A.

Regional Analysis of Global Automotive Front end module Market:

Asia-Pacific is the major regions for the automotive front end module market. Asia-Pacific is expected to show significant growth in automotive front end module market. Emerging economies like China, India, are expected to drive the market due to increasing demand for vehicles, increasing middle class disposable income & purchasing power is expected to drive the market for automotive front end module. European region is expected to witness the moderate demand because of the market maturity.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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