Light Vehicle Front End Modules Market

The global Light Vehicle Front End Modules market was valued at 726.62 Million USD in 2021 and will grow with a CAGR of 9.08% from 2021 to 2027, based on Research newly published report.

The prime objective of Light Vehicle Front End Modules Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Light Vehicle Front End Modules Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Light Vehicle Front End Modules is consists of building the automotive front end off line, and installing the entire module as one complete assembly on the vehicle rather than building up the front end vehicle component by component. The Front End Module is the aggregate of components located in its front part which carry out many functions (esthetical, structural, aerodynamically, engine cooling, and safety) and which are preassembled as subassembly ready to be installed into the vehicle. The Front End Module included many components, such as Radiator, Condenser, Core Support, Headlight, Front Grill, Bumpers, Fenders, Crash Management System, and Others.The trend of Front End Module (FEM) modularization is gaining traction, as modularization helps OEMs save on cost, time, and manpower during the manufacturing process. Previously, each and every component of the FEM was assembled by OEMs on the assembly line; this was time-consuming and extended the production process of the vehicle. However, the advent of modularization has enabled OEMs to save on these costs and opt for outsourcing these functions. OEMs save around 20 to 30% of costs through modularization, in comparison with the traditional front-end methods. The Light Vehicle Front End Modules industry is highly concentrated, the top three manufactures accounting for more than 30% in Europe, and have a rapid growth to North America, Asia and other regions.

By Market Verdors:

HBPO Group

Magna

Valeo

Flex-N-Gate Corporation

DENSO

Calsonic Kansei

Hyundai Mobis

SL Corporation

Yinlun

By Types:

Metal/Plastic Hybrids

Composites

Plastic

Steel

By Applications:

Sedan

SUV

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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