![Global Automotive Front End Module Market](https://res.cloudinary.com/devmoveo/image/upload/v1711430272/skyquest/report/phpzCRNFY.jpg)
Report ID: SQMIG25A2195
Report ID:
SQMIG25A2195 |
Region:
Global |
Published Date: March, 2024
Pages:
178
|
Tables:
109 |
Figures:
72
Global Automotive Front End Module Market size was valued at USD 125 billion in 2022 and is poised to grow from USD 131.25 billion in 2023 to USD 193.92 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).
An automotive front end module (FEM) is a modular assembly that combines various components at the front of a vehicle. It typically includes the radiator, cooling fan, condenser, headlights, front grille, and other related parts. The automotive front end module allows automotive companies to streamline their manufacturing process and improve the crash protection of their vehicles while maintaining efficiency as well. Increasing focus on sustainability has resulted in the implementation of strict emission mandates for vehicles, which is why automotive front end module companies are focusing on building automotive front end modules that are made from lightweight materials and modular as well to improve repairability. High demand for electric vehicles and focus on improving their range will also create new opportunities for automotive front end module suppliers in the long run.
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Report ID: SQMIG25A2195