The Automotive Bumpers Market size was valued at USD 9.90 Bn in 2022, the market is expected to reach USD 15.90 Bn by 2030. And grow at a CAGR of 5.70% over the forecasted period of 2023-2030.
A bumper's main objective is to disperse and absorb the energy created during a collision. It crumples or deforms upon impact, which helps lessen the force applied to the car's occupants. This layout reduces the danger of injury. In the event of an accident, bumpers can also help to protect pedestrians. Pedestrian-friendly bumper designs that lessen the severity of injuries if a pedestrian is injured are mandated by regulations in several nations. In low-speed crashes and parking accidents, bumpers protect vital car parts like the headlights, grille, radiator, and engine components from harm. The aesthetics and brand identification of a car are influenced by the bumpers.
The rise in the road accidents is the major driving factor of this market. For instance, the road fatalities have increase by 11.4%.
By minimising air resistance, bumpers are made to enhance a vehicle's aerodynamics. This leads to enhanced handling and overall vehicle performance as well as increased fuel efficiency. Bumpers are required to comply with safety standards and laws established by authorities like the National Highway Traffic Safety Administration (NHTSA) in the United States. These requirements guarantee that bumpers offer sufficient safety in low-speed crashes. Plastic, fibreglass, aluminium, and steel are just a few of the materials that can be used to make bumpers. Materials are chosen based on things like weight, price, and impact absorption qualities.
Typically, brackets or mounts are used to attach bumpers to the front and back of the car. Some bumpers are made to move backward upon collision in order to absorb energy, which further lessens the force applied to the occupants of the car. Automotive bumper designs have improved over time by using cutting-edge materials, engineering, and technology to increase safety, reduce weight, and improve looks. For Positionings and purposes, the aftermarket offers a broad variety of bespoke and performance-oriented bumpers. These aftermarket bumpers can improve a car's looks and performance. Automakers test bumpers in crash situations to make sure they function as intended. The effectiveness and safety of bumpers are improved through these tests.
Driver
The rising concerns related to road fatalities.
Due to their lack of protection in the event of a collision, vulnerable road users like pedestrians, bicyclists, and motorcycle riders are more likely to be involved in deadly crashes. More fatalities could result from an increase in these types of transportation. Roads, intersections, and highways that are poorly built or maintained can result in accidents and fatalities. Road dangers, poor lighting, and inadequate signs could all be problems. Driving while drowsy or exhausted affects a driver's focus and reaction time. Accidents caused by fatigue are more likely to be fatal. Driving can be dangerous when there is bad weather, such as rain, snow, ice, fog, and strong winds. Accidents and fatalities may become more likely under these circumstances.
Restrain
The issues related to quality and availability of parts.
Opportunity
The increase in technology and demand for the safety features in vehicles.
The adaptability and development of autonomous and ADAS systems.
Thanks in part to improvements in communication and the accessibility of safety information online, consumers are more knowledgeable and aware of issues relating to safety. Nowadays, a lot of people give safety aspects first consideration when buying an automobile. Around the world, governments and regulatory organisations have enacted stronger safety guidelines and specifications for automobiles. Crash tests, safety ratings, and required safety features are frequently included of these requirements. Numerous safety features, including advanced driver assistance systems (ADAS), have been created as a result of advancements in automobile technology. Consumers are becoming more and more familiar with and interested in features like adaptive cruise control, automatic emergency braking, blind-spot monitoring, and lane-keeping assistance.
Challenge
The volatility in prices related to raw materials and other major components.
Both the public and private sectors must make considerable expenditures in the technology and development of autonomous vehicles. A recession may result in less money being available and risk-averse investors, which could have an effect on the creation and use of autonomous bumper technology. Automakers and IT firms may delay or curtail their efforts to build autonomous vehicles in response to the current state of the economy. The incorporation of autonomous bumper systems into production vehicles may be delayed as a result. During economic downturns, businesses may put less emphasis on developing autonomous vehicles and more emphasis on their core businesses or cost-cutting measures, potentially deprioritizing high-tech safety features like autonomous bumpers. Recessionary conditions may have an impact on consumer preferences and behaviour. Customers might be less eager to spend more for cars.
Impact of Russia Ukraine War
Ukraine is a major source of raw materials required by several sectors, including the production of automobiles. The battle may cause shortages, higher prices, and production delays if it interrupts the supply chains for the metals, polymers, and other components used in vehicle bumpers. For instance, the 12.05% hike in prices has affected OEMs in terms of high operating cost and decline in approx..10-20% profitability element. The global supply chain of suppliers and subcontractors is frequently used by the automotive industry. Conflict-related interruptions or transportation problems can cause supply chain disruptions, which can delay production and reduce the supply of automobiles and their parts, such as bumpers. If the battle results in higher geopolitical tensions and trade disruptions, this could have an impact on the costs of the raw materials needed to make vehicle bumpers. Consumers may be charged more for materials or manufacturers may choose to absorb them.
By Materials
Composite Plastic
Metal
Fiber
By Positioning
Front Ends
Rear Ends
By End User
OEM
Aftermarket
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Due to its major automobile production sector, North America is an important market for car bumpers. In the area, bumper manufacture is directly related to vehicle production, with an emphasis on safety and adherence to safety rules. Design innovation in bumpers is being driven by consumer demand for lightweight materials and cutting-edge safety features.
Europe will be having the second largest share due of their strict safety and emissions regulations, European nations have adopted cutting-edge bumper innovations. Because pedestrian safety is emphasised in the European market, bumper designs have changed to lessen injuries in collisions involving pedestrians. A few top automakers and suppliers that produce bumpers are located in Germany in particular. Demand for premium bumpers is also fueled by the focus on luxury vehicles.
APAC will be the region with the highest CAGR growth rate because the largest automotive market in the world is China, where there is a huge need for car bumpers. A wide variety of automobiles are produced by domestic and foreign automakers, which has an impact on bumper manufacturing. The design of bumpers is also being impacted by the rise of electric cars (EVs) and autonomous driving technology. Japan is renowned for its cutting-edge car manufacture and technology. Japanese bumper manufacturing frequently uses cutting-edge components and design to meet strict safety requirements. Major automakers are based in South Korea, and both domestic and foreign demand affect the automotive bumpers industry there.
The major key players are Toyota Boshoku Corp, Plastic Omnium, Magna International, Toyoda Gosei, SMP Deutschland, Venture Otto, NTF Private, Fab Fours, and others.
Toyota Boshoku Corp: The company has established a new company to produce a new automotive interior part and has also started a construction of new plant.
Magna International: The company will be collaborating with Cartken for autonomous delivery robots.
| Report Attributes | Details |
| Market Size in 2022 | US$ 9.90 Billion |
| Market Size by 2030 | US$ 15.90 Billion |
| CAGR | CAGR of 5.70 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Materials (Composite Plastic, Metal, Fiber) • By Positioning (Front Ends, Rear Ends) • By End User (OEM, Aftermarket) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Toyota Boshoku Corp, Plastic Omnium, Magna International, Toyoda Gosei, SMP Deutschland, Venture Otto, NTF Private, Fab Fours |
| Key Drivers | • The rising concerns related to road fatalities. |
| Market Opportunity | • The increase in technology and demand for the safety features in vehicles. • The adaptability and development of autonomous and ADAS systems. |
Ans: The Automotive Bumpers Market size was valued at USD 9.90 Bn in 2022, the market is expected to reach USD 15.90 Bn by 2030. And grow at a CAGR of 5.70% over the forecasted period of 2023-2030.
Ans: The CAGR growth rate recorded was 38.6%
Ans: The volatility in prices related to raw materials and other major components.
Ans: The increase in technology and demand for the safety features in vehicles and the adaptability and development of autonomous and ADAS systems.
Ans: China will have the highest share and APAC will be the fastest growing region.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automotive Bumpers Battery Market, By Materials
8.1 Plastic
8.2 Metal
8.3 Fiber
9. Automotive Bumpers Battery Market, By Positioning
9.1 Front Ends
9.2 Rear Ends
10. Automotive Bumpers Battery Market, By End User
10.1 OEM
10.2 Aftermarket
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Automotive Bumpers Battery Market by Country
11.2.2 North America Automotive Bumpers Battery Market by Materials
11.2.3 North America Automotive Bumpers Battery Market by Positioning
11.2.4 North America Automotive Bumpers Battery Market by End User
11.2.5 USA
11.2.5.1 USA Automotive Bumpers Battery Market by Materials
11.2.5.2 USA Automotive Bumpers Battery Market by Positioning
11.2.5.3 USA Automotive Bumpers Battery Market by End User
11.2.6 Canada
11.2.6.1 Canada Automotive Bumpers Battery Market by Materials
11.2.6.2 Canada Automotive Bumpers Battery Market by Positioning
11.2.6.3 Canada Automotive Bumpers Battery Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Automotive Bumpers Battery Market by Materials
11.2.7.2 Mexico Automotive Bumpers Battery Market by Positioning
11.2.7.3 Mexico Automotive Bumpers Battery Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Automotive Bumpers Battery Market by country
11.3.1.2 Eastern Europe Automotive Bumpers Battery Market by Materials
11.3.1.3 Eastern Europe Automotive Bumpers Battery Market by Positioning
11.3.1.4 Eastern Europe Automotive Bumpers Battery Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Automotive Bumpers Battery Market by Materials
11.3.1.5.2 Poland Automotive Bumpers Battery Market by Positioning
11.3.1.5.3 Poland Automotive Bumpers Battery Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Automotive Bumpers Battery Market by Materials
11.3.1.6.2 Romania Automotive Bumpers Battery Market by Positioning
11.3.1.6.4 Romania Automotive Bumpers Battery Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Automotive Bumpers Battery Market by Materials
11.3.1.7.2 Turkey Automotive Bumpers Battery Market by Positioning
11.3.1.7.3 Turkey Automotive Bumpers Battery Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Automotive Bumpers Battery Market by Materials
11.3.1.8.2 Rest of Eastern Europe Automotive Bumpers Battery Market by Positioning
11.3.1.8.3 Rest of Eastern Europe Automotive Bumpers Battery Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Automotive Bumpers Battery Market by Country
11.3.2.2 Western Europe Automotive Bumpers Battery Market by Materials
11.3.2.3 Western Europe Automotive Bumpers Battery Market by Positioning
11.3.2.4 Western Europe Automotive Bumpers Battery Market by End User
11.3.2.5 Germany
11.3.2.5.1 Germany Automotive Bumpers Battery Market by Materials
11.3.2.5.2 Germany Automotive Bumpers Battery Market by Positioning
11.3.2.5.3 Germany Automotive Bumpers Battery Market by End User
11.3.2.6 France
11.3.2.6.1 France Automotive Bumpers Battery Market by Materials
11.3.2.6.2 France Automotive Bumpers Battery Market by Positioning
11.3.2.6.3 France Automotive Bumpers Battery Market by End User
11.3.2.7 UK
11.3.2.7.1 UK Automotive Bumpers Battery Market by Materials
11.3.2.7.2 UK Automotive Bumpers Battery Market by Positioning
11.3.2.7.3 UK Automotive Bumpers Battery Market by End User
11.3.2.8 Italy
11.3.2.8.1 Italy Automotive Bumpers Battery Market by Materials
11.3.2.8.2 Italy Automotive Bumpers Battery Market by Positioning
11.3.2.8.3 Italy Automotive Bumpers Battery Market by End User
11.3.2.9 Spain
11.3.2.9.1 Spain Automotive Bumpers Battery Market by Materials
11.3.2.9.2 Spain Automotive Bumpers Battery Market by Positioning
11.3.2.9.3 Spain Automotive Bumpers Battery Market by End User
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Automotive Bumpers Battery Market by Materials
11.3.2.10.2 Netherlands Automotive Bumpers Battery Market by Positioning
11.3.2.10.3 Netherlands Automotive Bumpers Battery Market by Test Type
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Automotive Bumpers Battery Market by Materials
11.3.2.11.2 Switzerland Automotive Bumpers Battery Market by Positioning
11.3.2.11.3 Switzerland Automotive Bumpers Battery Market by End User
11.3.2.1.12 Austria
11.3.2.12.1 Austria Automotive Bumpers Battery Market by Materials
11.3.2.12.2 Austria Automotive Bumpers Battery Market by Positioning
11.3.2.12.3 Austria Automotive Bumpers Battery Market by End User
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Automotive Bumpers Battery Market by Materials
11.3.2.13.2 Rest of Western Europe Automotive Bumpers Battery Market by Positioning
11.3.2.13.3 Rest of Western Europe Automotive Bumpers Battery Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Automotive Bumpers Battery Market by country
11.4.2 Asia-Pacific Automotive Bumpers Battery Market by Materials
11.4.3 Asia-Pacific Automotive Bumpers Battery Market by Positioning
11.4.4 Asia-Pacific Automotive Bumpers Battery Market by End User
11.4.5 China
11.4.5.1 China Automotive Bumpers Battery Market by Materials
11.4.5.2 China Automotive Bumpers Battery Market by End User
11.4.5.3 China Automotive Bumpers Battery Market by Positioning
11.4.6 India
11.4.6.1 India Automotive Bumpers Battery Market by Materials
11.4.6.2 India Automotive Bumpers Battery Market by Positioning
11.4.6.3 India Automotive Bumpers Battery Market by End User
11.4.7 Japan
11.4.7.1 Japan Automotive Bumpers Battery Market by Materials
11.4.7.2 Japan Automotive Bumpers Battery Market by Positioning
11.4.7.3 Japan Automotive Bumpers Battery Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Automotive Bumpers Battery Market by Materials
11.4.8.2 South Korea Automotive Bumpers Battery Market by Positioning
11.4.8.3 South Korea Automotive Bumpers Battery Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Automotive Bumpers Battery Market by Materials
11.4.9.2 Vietnam Automotive Bumpers Battery Market by Positioning
11.4.9.3 Vietnam Automotive Bumpers Battery Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Automotive Bumpers Battery Market by Materials
11.4.10.2 Singapore Automotive Bumpers Battery Market by Positioning
11.4.10.3 Singapore Automotive Bumpers Battery Market by End User
11.4.11 Australia
11.4.11.1 Australia Automotive Bumpers Battery Market by Materials
11.4.11.2 Australia Automotive Bumpers Battery Market by Positioning
11.4.11.3 Australia Automotive Bumpers Battery Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Automotive Bumpers Battery Market by Materials
11.4.12.2 Rest of Asia-Pacific Automotive Bumpers Battery Market by Positioning
11.4.12.3 Rest of Asia-Pacific Automotive Bumpers Battery Market by Test Type
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Automotive Bumpers Battery Market by country
11.5.1.2 Middle East Automotive Bumpers Battery Market by Materials
11.5.1.3 Middle East Automotive Bumpers Battery Market by Positioning
11.5.1.4 Middle East Automotive Bumpers Battery Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Automotive Bumpers Battery Market by Materials
11.5.1.5.2 UAE Automotive Bumpers Battery Market by Positioning
11.5.1.5.3 UAE Automotive Bumpers Battery Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Automotive Bumpers Battery Market by Materials
11.5.1.6.2 Egypt Automotive Bumpers Battery Market by Positioning
11.5.1.6.3 Egypt Automotive Bumpers Battery Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Automotive Bumpers Battery Market by Materials
11.5.1.7.2 Saudi Arabia Automotive Bumpers Battery Market by Positioning
11.5.1.7.3 Saudi Arabia Automotive Bumpers Battery Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Automotive Bumpers Battery Market by Materials
11.5.1.8.2 Qatar Automotive Bumpers Battery Market by Positioning
11.5.1.8.3 Qatar Automotive Bumpers Battery Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Automotive Bumpers Battery Market by Materials
11.5.1.9.2 Rest of Middle East Automotive Bumpers Battery Market by Positioning
11.5.1.9.3 Rest of Middle East Automotive Bumpers Battery Market by End User
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by country
11.5.2.2 Africa Automotive Bumpers Battery Market by Materials
11.5.2.3 Africa Automotive Bumpers Battery Market by Positioning
11.5.2.4 Africa Automotive Bumpers Battery Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Automotive Bumpers Battery Market by Materials
11.5.2.5.2 Nigeria Automotive Bumpers Battery Market by Positioning
11.5.2.5.3 Nigeria Automotive Bumpers Battery Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Automotive Bumpers Battery Market by Materials
11.5.2.6.2 South Africa Automotive Bumpers Battery Market by Positioning
11.5.2.6.3 South Africa Automotive Bumpers Battery Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Automotive Bumpers Battery Market by Materials
11.5.2.7.2 Rest of Africa Automotive Bumpers Battery Market by Positioning
11.5.2.7.3 Rest of Africa Automotive Bumpers Battery Market by End User
11.6 Latin America
11.6.1 Latin America Automotive Bumpers Battery Market by country
11.6.2 Latin America Automotive Bumpers Battery Market by Materials
11.6.3 Latin America Automotive Bumpers Battery Market by Positioning
11.6.4 Latin America Automotive Bumpers Battery Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Automotive Bumpers Battery by Materials
11.6.5.2 Brazil Automotive Bumpers Battery by Positioning
11.6.5.3 Brazil Automotive Bumpers Battery by End User
11.6.6 Argentina
11.6.6.1 Argentina Automotive Bumpers Battery by Materials
11.6.6.2 Argentina Automotive Bumpers Battery by Positioning
11.6.6.3 Argentina Automotive Bumpers Battery by End User
11.6.7 Colombia
11.6.7.1 Colombia Automotive Bumpers Battery by Materials
11.6.7.2 Colombia Automotive Bumpers Battery by Positioning
11.6.7.3 Colombia Automotive Bumpers Battery by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Automotive Bumpers Battery by Materials
11.6.8.2 Rest of Latin America Automotive Bumpers Battery by Positioning
11.6.8.3 Rest of Latin America Automotive Bumpers Battery by End User
12 Company Profiles
12.1 Toyota Boshoku Corp
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Plastic Omnium
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Magna International
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Toyoda Gosei
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 SMP Deutschland
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Venture Otto
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 NTF Private
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Fab Fours
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Others
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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