Report ID: SQMIG25A2264
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.
Automotive Side Guard Door Beams Market Report Snapshots
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