Report ID: SQMIG25A2195
Automotive Front End Module Market Size, Share, Growth Analysis, By Material(Metals, Composites, Plastics, Hybrids), By Component(Radiators, Motor Fans, Condensers, Internal Air Coolers), By Vehicle Type(Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2195 |
Region:
Global |
Published Date: March, 2024
Pages:
178
|
Tables:
109 |
Figures:
72
Automotive Front End Module Market Regional Insights
Europe holds a dominant share of the global automotive front end module market. This can be attributed to the presence of strict vehicle safety standards, technological innovation, and a strong automotive manufacturing base in this region. European countries such as the United Kingdom and Germany have a reputation for having some of the strictest safety regulations in the automotive industry. Front end modules play a pivotal role in ensuring pedestrian as well as driver safety, which is why their demand in Europe is slated to soar high going forward.
The demand for automotive front end modules in the Asia Pacific region is expected to increase at a rapid pace during the forecast period. Rapidly expanding automotive manufacturing activity, increasing disposable income levels, and rising sales of electric vehicles contribute to the rapid growth in this region. The Asia Pacific region is a hub for the automotive industry, with countries including China, India, Japan, and South Korea experiencing significant growth in automobile manufacturing. As the demand for vehicles rises, the sales of front end modules in Asia Pacific are expected to grow at a parallel pace.
Automotive Front End Module Market Report Snapshots
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