DUBLIN–(BUSINESS WIRE)–Research and Markets(https://www.researchandmarkets.com/research/ddqm9b/automotive_front) has announced the addition of the “Automotive Front End Module Market – Global Forecast to 2020” report to their offering.
The global automotive FEM market is estimated to be USD 89.75 billion in 2015, and is projected to reach USD 119.08 billion by 2020, growing at a CAGR of 5.82% from 2015 to 2020. The increasing vehicle production, growing concerns regarding driver and passenger safety, and rising demand for lightweight FEMs are driving the growth of the FEM market.
As of 2014, China is the largest automotive market in the world, and has remained the key driver of regional sales in Asia-Pacific, despite a 7.4% slowdown in GDP growth in 2012-2013. According to this report, China is the largest market for automotive FEMs, in terms of both, value and volume.
Global OEMs such as Volkswagen and General Motors cater to this market by entering into joint ventures with domestic manufacturers. The Chinese market is witnessing substantial growth in the sales of and demand for automobiles, as the economy and spending capability of the population is growing. Recent infrastructural developments have boosted the growth of commercial vehicles. However, along with vehicle production levels, pollution levels in the country have also increased, worsening the urban air quality. The Chinese government is therefore promoting the adoption of vehicles with lower emissions and higher fuel efficiency.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Upcoming Front-End Module Technologies For Passenger/Pedestrian Safety And Crash Management Systems
7 Automotive Front-End Module Market, By Component
8 Global Automotive Front-End Module Market, By Vehicle Type
9 Automotive Front-End Module Market, By Material
10 Automotive Front-End Module, By Region
11 Overview Of Front-End Module Aftermarket Channels
12 Competitive Landscape
13 Company Profiles
For more information visit https://www.researchandmarkets.com/research/ddqm9b/automotive_front
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