Vehicle Lightweighting Market Analysis by Regions, Type, Market Drivers, Restraints, and Top Key Players Dow Chemical Company, Arconic, Aleris Corporation, 3M, Trelleborg AB, Samvardhana Motherson
This Vehicle Lightweighting Market report is a great source of information about the industry, important facts and figures, expert opinions, and the most recent developments across the globe. Such perfect and comprehensive market report brings into focus primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. The report contains reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. The report also gives CAGR value fluctuations during the forecast period of 2019-2026 for the market.
Market Analysis: Global Vehicle Lightweighting Market
Global Vehicle Lightweighting Market is expected to witness a moderate CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to growth in demand for fuel-efficient and lightweight high-performance vehicles.
Vehicle lightweighting is the process of replacing heavy-weight materials present in the vehicles with the light-weight similar characteristics materials, without compensating on the durability, and the strength of the vehicle. This process requires careful consideration and design analysis to identify and replace the right components from the right places with the appropriate materials.
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Lightweighting Industry has become a whole-vehicle concept in itself, improving not only fuel economy and emissions but also vehicle performance and handling. Using lightweight materials in these vehicles can offset the weight of power systems such as batteries and electric motors, improving the efficiency and increasing their all-electric range. Alternatively, the use of lightweight materials could result in needing a smaller and lower cost battery while keeping the all-electric range of plug-in vehicles constant.
Vehicle lightweighting is the process of replacing heavy-weight materials present in the vehicles with the light-weight similar characteristics materials, without compensating on the durability, and the strength of the vehicle. This process requires careful consideration and design analysis to identify and replace the right components from the right places with the appropriate materials.
Key Market Competitors: Global Vehicle Lightweighting Market
The Dow Chemical Company; Arconic; Aleris Corporation; 3M; Trelleborg AB; Samvardhana Motherson Group; Faurecia; Magna International Inc.; ZF Friedrichshafen AG; Fiat Chrysler Automobiles; Benteler International; CHASSIX; GF Casting Solutions; Freudenberg Group; General Motors; BASF SE; Asahi Kasei Corporation; ContiTech AG and Evonik Industries AG.
Competitive Analysis: Global Vehicle Lightweighting Market
Global vehicle lightweighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vehicle lightweighting market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global Vehicle Lightweighting Market
- By Material
- Aluminum
- Carbon Fibre
- Magnesium
- Plastics
- Composites
- Steel
- Others
- By Application
- Body & Exterior
- Body-In-White
- Doors & Front-End Modules
- Glazing
- Roofs
- Chasis
- Suspension & Braking Components
- Tyres
- Interior
- Cockpits
- Seating
- Others
- Powertrain
- Driveline & Fuel Systems
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
Increased focus on the demand for providing lightweight vehicles resulting in advanced fuel efficiency and overall performance of the vehicle; this factor is expected to act as a driver for the market growth
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Market Restraints: Global Vehicle Lightweighting Market
Various levels of complications associated with the usage and integration of different materials such as appropriate application of the materials in the right places, high cost of some materials; these factors are expected to act as a restraint to the market growth
Key Developments in the Market:
- In March 2018, CHASSIX announced that they had completed the acquisition of Benteler International’s lightweight aluminum low pressure automotive casting division. With this acquisition, CHASSIX will be able to expand their product offerings and significantly enhance their service capabilities in the European region.
- In September 2017, Magna International Inc. announced that they are expanding their capacity for aluminum casting in Alabama, Unites States facility. This expansion will help the vehicle manufacturers to fulfil their need for lightweight materials required for vehicle lightweighting.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
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Points to pounder
Key developments and product launches by the top players and brands
Key parameters which are driving the market
Key trends of the market
The key findings and recommendations highlight crucial progressive industry trends in the Global Vehicle Lightweighting Market, thereby allowing players to develop effective long term strategies
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Global Vehicle Lightweighting Market
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