Global Automotive Side Guard Door Beams Market

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 News

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 Market Report Snapshots

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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).

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. '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'

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 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.

Growing automotive manufacturing activity and rising sales of passenger vehicles are key factors that allow Asia Pacific to dominate 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.

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Automotive Side Guard Door Beams Market News

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