Vehicle Pillar Industry: 2018 Size, Trend, Market Insights, and Regional Forecast To 2023
Posted: Nov 08, 2018
Vehicle Pillar Market 2018 Global Industry Forecast To 2023 Report published by "MarketResearchFuture". According to this report Global Vehicle Pillar Market is to grow at 5.46% CAGR during the period 2018 to 2023. The increase in demand in the vehicle pillar market is complimentary to the increase in demand in the automotive industry, thus making the growth of the automotive industry a major contributor towards the growth vehicle pillar market. The vehicle pillar global market is expected to reach the valuation of USD 7,364.9 million by 2023, from USD 5,108.6 million in the year 2016, growing at a CAGR of 5.46%.
Global Vehicle Pillar Market Key Players Analyzed In Report:
Unipres Corporation (Japan), Kirchhoff Automotive Gmbh (Germany), Tianjin Toyotetsu Automobile (Japan), Toyotomi Kiko Co (Japan), G-Tekt Corporation (Japan), Martinrea International (Canada), Aisin Seiki (Japan), Tower International (US), Shiloh Industries (US), Benteler automotive (US), Gestamp (Spain), Sewon America (US), Elsa Llc (US).
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Automotive industry is diversifying at a greater speed as manufacturers and suppliers race to produce lighter and more powerful vehicles in lesser time. Alternative fuels, new lightweight materials and innovative technology are transforming the manufacturing process of automotive industry. With the global economy undergoing an unprecedented level shift, major emerging countries such as China, India, Thailand, and Indonesia are becoming manufacturing hubs for global automotive players. The income levels of individuals have been steadily increasing, also resulting in the rise in their disposable income, pushing the market towards growth. The currently booming automotive industry, combined with steadily increasing disposable income, is expected to contribute significantly in the growth of the market.
The global vehicle pillar market segments has been divided into pillar type, vehicle type, end market and region. On the basis of pillar type, the market is segmented into A pillar, B pillar, C pillar and D pillar. A pillar is expected to dominate the global market by type in 2016 in terms of market revenue followed by B pillar. On the basis of vehicle type, the market has been segmented into passenger vehicles and commercial vehicles. Among these, passenger vehicles has accounted the highest market share in 2016 in terms of revenue. On the basis of end market, the market has been segmented as OEMs and aftermarket. Among these, OEMs have registered the highest market share of 88.17% in 2016 in terms of revenue.
Geographically, global vehicle pillar market has been segmented as North America, Europe, Asia-Pacific and Rest of the World. Among the aforementioned regions, Asia Pacific region has accounted the largest market share of 33.57% followed by North America. The growth of the Asia-Pacific region can be attributed to the increase in adoption of passenger cars and therefore, the increase in adoption of Vehicle Pillar in the passenger cars. The recent shift in the preference from mileage to looks and features is also expected to result in the high demand for Vehicle Pillar. In North America, the market for Vehicle Pillar is expected to grow with an increase in demand for automobile, majorly in the United States. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles there is a subsequent increase in demand for vehicle pillar market.
List Of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 RAW MATERIAL SOURCES OF VEHICLE PILLAR MAJOR MANUFACTURERS IN 2016
TABLE 3 SALES BASE AND MARKET CONCENTRATION RATE OF RAW MATERIAL
TABLE 4 GLOBAL VEHICLE PILLAR PRICE (USD/ K UNITS) BY REGION (2012-2017)
TABLE 5 RAW MATERIAL PRICES ANALYSIS 2012-2016 (USD/UNIT)
TABLE 6 KEY SUPPLIERS OF RAW MATERIALS
TABLE 7 DISTRIBUTORS/ TRADERS LIST
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 INDUSTRY CHAIN STRUCTURE OF VEHICLE PILLAR MARKET
FIGURE 4 MANUFACTURING COST STRUCTURE OF VEHICLE PILLAR
FIGURE 5 GLOBAL VEHICLE PILLAR MARKET SALES SHARE, BY PRODUCT, 2016 (IN %)
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At Market Research Future (Mrfr), we enable our customers to unravel thec omplexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr).