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(I-AutoNewsWire.com, September 19, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Active Body Panel market for 2018-2023. The increase in number of road accidents as one of the primary factors that will trigger the growth of the automotive active body panel market in the coming years. With the advent of new technologies, products, and solutions, the automotive industry is rapidly evolving. Road accidents are the primary reason for the growing development of advanced safety technologies and solutions. It has been observed that millions of people die on the road every year due to on-road collisions across the world. Rising traffic deaths and fatality rates have compelled the government to issue strict automotive safety norms. The basic safety systems have been enhanced by integrating frontal airbags, anti-lock braking system (ABS), or electronic brakeforce distribution (EBD). The development of energy-storing body panels is one of the key trends in the automotive active body panel market. With the advent of automotive electronics, all-electric cars are being developed as a promising alternative to the internal combustion engine (ICE) driven vehicles. Lithium-ion battery used in electric vehicles posses several disadvantages. To fix this problem, the automakers are focusing on developing technologies that can be a better alternative to EV batteries. This has led to the development of body panels that can store energy and act as a charger for electric vehicles. The automotive active body panel market is highly concentrated due to the presence of few established players. This industry research report provides an in-depth analysis of the competitive environment in the lightweight automotive body panels market among the leading vendors. Moreover, our analysts also provide key areas that the vendors should focus on to sustain the competitive environment and gain maximum market share. Over the next five years, this report projects that Automotive Active Body Panel will register a 9.0% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Active Body Panel market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Traditional Body Panels Energy-storing Body Panels Segmentation by application: Front Rear This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Daimler Ford GM HONDA Nissan Porsche Volvo Car ... In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Automotive Active Body Panel consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Automotive Active Body Panel market by identifying its various subsegments. Focuses on the key global Automotive Active Body Panel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Automotive Active Body Panel with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Automotive Active Body Panel submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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