USD 3.84 billion
Automotive Side Guard Door Beams Market Size, Share, Growth Analysis, By Position(Front Door, and Rear Door), By Vehicle Type(Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), By Material(Aluminum, Steel, Plastic Composites, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2264 |
Region:
Global |
Published Date: April, 2024
Pages:
221
|Tables:
90
|Figures:
77
Automotive Side Guard Door Beams Market Insights
Global Automotive Side Guard Door Beams Market size was valued at USD 3.84 billion in 2022 and is poised to grow from USD 4.02 billion in 2023 to USD 5.81 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).
Safety beams used in vehicles that support the vehicle in case of a side collision are known as automotive side guard door beams. Growing emphasis on increasing vehicle safety and rising automotive production are key factors that promote sales of automotive side guard door beams around the world. High investments in the development of the perfect lightweight yet durable structure for electric vehicles and other vehicles in general are also slated to boost demand for automotive side guard door beams over the coming years. Imposition of stringent vehicle safety mandates is also estimated to create new opportunities across the forecast period and beyond. Use of lightweight materials is also predicted to be a key trend for automotive side guard door beam companies in the long run. Asia Pacific and Europe are slated to be the most lucrative regions for automotive side guard door beam providers in the future.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Passenger Cars
Fastest Growth
Light Commercial Vehicles
Growth Rate
4.7% CAGR
Global Automotive Side Guard Door Beams Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Automotive Side Guard Door Beams Market Segmental Analysis
The global automotive side guard door beams market is segmented based on position, vehicle type, material, and region. In terms of position, the market is segmented into front door and rear door. In terms of vehicle type, the market is bifurcated into passenger cars, light commercial vehicles, and heavy commercial vehicles. Based on material, the market is divided into aluminum, steel, plastic composites, and others. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Vehicle Type
Passenger cars account for a major share of the global automotive side guard door beams market. Growing sales of passenger cars and high demand for better side guards to comply with modern safety standards are helping this segment maintain its dominance. High demand for better safety by consumers will also help automotive side guard door beams market growth via this segment.
Sales of automotive side guard door beams for light commercial vehicles are projected to increase at a rapid pace over the coming years. Imposition of stringent road safety and vehicle safety mandates by governments and regulatory authorities to improve the safety of commercial vehicles will boost automotive side guard door beams demand going forward.
Global Automotive Side Guard Door Beams Market By Vehicle Type
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Automotive Side Guard Door Beams Market Regional Insights
Growing automotive manufacturing activity and rising sales of passenger vehicles are key factors that allow Asia Pacific to dominate global sales of automotive side guard door beams. High availability of cheap labor and raw materials in this region is also estimated to boost automotive side guard door beams demand outlook in this region. China, India, and Japan are predicted to be the leading markets for automotive side guard door beam companies going forward. Growing consumer demand for safer vehicles and rising disposable income will also influence automotive side guard door beams market development in the future.
Demand for automotive side guard door beams in Europe is forecasted to increase at a notable CAGR across the forecast period. The presence of key automotive and automotive component manufacturers in this region is the key factor promoting sales of automotive side guard door beams. Germany is predicted to spearhead the automotive side guard door beams sales revenue generation in Europe owing to high emphasis on vehicle safety in the country. France, the United Kingdom, and Italy are other notable markets that automotive side guard door beam companies can target in Europe going forward.
Global Automotive Side Guard Door Beams Market By Region
- Largest
- Fastest
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Automotive Side Guard Door Beams Market Dynamics
Drivers
Emphasis on Vehicle Safety
- Consumers and governments around the world are focused on improving vehicle safety after growing road accidents. Automotive side guard door beams systems are also part of these efforts as they help improve the structural integrity of the vehicle and reduce damage in case of crashes.
Use of Novel Materials
- Automotive side guard door beam manufacturers should focus on utilizing new materials for manufacturing their products as automotive companies look to reduce weight of their vehicle without compromising on structural integrity.
Restraints
Retrofitting Issues
- Retrofitting automotive side guard door beams to old vehicles could be challenging owing to structural and assembly differentiations in different vehicles. Automotive side guard door beam companies need to come up with automotive side guard door beams that easily be retrofitted to old vehicle models.
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Automotive Side Guard Door Beams Market Competitive Landscape
Automotive side guard door beam providers should focus on experimenting with different materials to manufacture their products. Automotive side guard door beam companies can also work closely with regulatory bodies and automotive manufacturers to create products specific to their requirements. The use of lightweight materials to manufacture automotive side guard door beams is slated to be a key area of focus for almost all automotive side guard door beams market players going forward.
Top Player’s Company Profiles
- Thyssenkrupp AG
- Toyoda Gosei Co., Ltd.
- Shiloh Industries
- GNS America
- Poongsan Corporation
- BENTELER International AG
- KVA STAINLESS
- Norsk Hydro ASA
- Sapa AS
- Magna International Inc.
- AGC Inc.
- H-One Co. Ltd
- IFB Automotive Private Limited
- Gestamp
- Nippon Steel Corporation
- AK Steel Holding Corporation
- KIRCHHOFF Automotive GmbH
- Novelis Inc.
- Kobe Steel Ltd.
- Schott AG
- ArcelorMittal
Recent Developments
- In October 2023, Thyssenkrupp AG, a leading automotive supplier, introduced a revolutionary side guard door beam technology designed to enhance occupant safety in vehicles. The innovative beams utilize advanced materials and structural design to provide superior impact resistance while minimizing weight. This development underscores Thyssenkrupp's commitment to innovation and safety in the automotive industry.
- In January 2022, Toyoda Gosei Co., Ltd., a prominent manufacturer of automotive components, announced a breakthrough inside guard door beam production. The company unveiled a new manufacturing process that significantly reduces production time and costs while maintaining high-quality standards. This advancement is expected to drive efficiency and competitiveness in the automotive side guard door beams market.
Automotive Side Guard Door Beams Key Market Trends
- Use of Lightweight Automotive Components: Automotive side guard door beam providers should target the vehicle weight reduction trend and create door beams that are made from lightweight yet highly durable materials. The growing popularity of lightweight components for electric vehicles will also create new opportunities for automotive side guard door beams suppliers in the future.
Automotive Side Guard Door Beams Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, growing emphasis on improving vehicle safety and rising automotive sales around the world are estimated to uplift automotive side guard door beams market development across the forecast period. The Asia Pacific region is estimated to dominate the global automotive side guard door beams market, and this can be attributed to the presence of robust automotive manufacturing activity in countries such as China, India, Japan and South Korea. Retrofitting issues are slated to be the key obstacle for automotive side guard door beams market growth in the long run. Use of lightweight automotive components is a major trend that automotive side guard door beam manufacturers should target going forward.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.84 billion |
| Market size value in 2031 | USD 5.81 billion |
| Growth Rate | 4.7% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Side Guard Door Beams Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Side Guard Door Beams Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Side Guard Door Beams Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Side Guard Door Beams Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Side Guard Door Beams Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Side Guard Door Beams Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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