Global Automotive Front End Module Market was valued US$ 60.24 Bn in 2018 and is expected to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast.
Global Automotive Front End Module MarkeT
Automotive Front-End Modules (FEMs) are multipiece assemblies that integrate a large number of components, which include forward lighting, radiators and cooling fans, Air Conditioning (A/C) condensers, Grille-Opening Reinforcement (GOR) panels, crumple zones, bumpers with decorative fascia, hood latches, electronics and wiring.
Driving factors of automotive front end module market are production of vehicles, rising demand for lightweight automotive front-end modules. Increase in demand and sales of commercial vehicles with technological advancements, government stringent emission norms, vehicle weight reduction and higher disposable incomes of the consumers are also amplify the growth of Automotive Front End Module Market. Rising primary safety from accidents and growing consumer preferences in application of front end module for passenger’s Vehicles have created huge demand in market for Automotive Front End Module Market. Vehicle parts modernization and emerging Aftermarket competitors can hamper the growth of Automotive Front End Module Market.
Global Automotive Front End Module Market is segmented into by component, by vehicle, by material and by region. Based on component, Automotive Front End Module Market is segmented into Radiator, Condenser, Core Support, Headlight, Front Grill, Bumpers, Fenders, Crash Management System & Others. In vehicle are parted into Passenger Vehicle, Light Commercial Vehicle & Heavy Commercial Vehicle. In Material are segmented into Steel, Plastic, Aluminium, Hybrid & Composites. Geographically, market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Global industry Analysis and forecast 2018-2026.
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-automotive-front-end-module-market/16726/