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At a CAGR of 7.9% from 2022 to 2030, the global market for Automotive Fascia is forecast to expand from an anticipated $21.9 billion in 2022 to $29 billion. The key driver of automobile fascias in both the original equipment manufacturer and aftermarket segments is the rising demand for safety features to protect pedestrians and passengers, as well as the increased complexity of vehicles, which leads to more extensive repairs after collisions. Demand for automotive fascia is expected to be strong over the projection period as long as global vehicle production remains stable.
There are three main parts of an automobile's bumper system: the fascia, the bumper beam, and the energy absorber. These car bumpers absorb impact energy at high speeds while having little to no effect on low-velocity collisions. They are streamlined and aesthetically pleasing. A car's front bumper is the covering for the front of the chassis. Fascia refers to the cover of an automobile bumper.
In 1968, General Motors introduced the Pontiac GTO with the first bumpers made of plastic. The Endura elastomer was used to create the component. The body's colour was chosen so that it would not be permanently damaged by low-velocity impacts. Several major automakers also later began including bumpers as standard equipment on vehicles. Bumper fascias are required by the Federal Motor Vehicle Safety Standards for the protection of both passengers and pedestrians. This industry is expanding rapidly due to the rising popularity of using lightweight materials in automobiles.
Globally, the automotive modification industry is flourishing as consumer demand for more aesthetically pleasing vehicles drives product development and modification. Furthermore, the growing need for stylish and efficient car front ends is driving up demand for more aesthetically pleasing automobiles. The demand for customised automobiles has also been propelled by rising personal disposable income and shifting consumer preferences. As a result, the aftermarket modification of vehicles presents a chance for the automotive fascia industry to expand.
Increases in consumer spending are forecasted to boost the auto industry, a cornerstone of the global economy. Moreover, emerging markets like Brazil, India, China, and others contribute significantly to the growth of the auto sector. Since the income and discretionary expenditure in these countries are growing, so too are sales of automobiles. For instance, in 2019, the Society of Indian Automobile Manufacturers (SIAM) reported that 3.3 million passenger vehicles were sold. So, an uptick in personal income means more people can afford to buy cars, which bodes well for the automotive fascia market.
The automotive fascia market is propelled by the widespread adoption of lightweight materials, the rise of luxury vehicle design, and the maintenance of stable production rates. Since the fascia plays a significant part in the safety and aesthetics of the vehicle, the market for automotive fascia is likely to profit further from the rising demand for electric and fuel-efficient automobiles. Lightweight fascia in cars is expected to see increased demand as stricter pollution restrictions are implemented around the world, compelling automakers to develop more fuel-efficient vehicles. The automotive fascia market is expected to rise since leading EV manufacturers are employing lightweight materials to boost vehicle range.
Consumer demand for more aesthetically pleasing vehicles is influencing the industry as a whole. As a result, the aftermarket auto parts sector across the globe is booming, leading to a greater need for sleek and aerodynamic car front ends. The increased need for car fascias may be linked to rising consumer demand for more aesthetically pleasing and technologically advanced vehicles. Automobiles are affected by people's shifting priorities and rising disposable incomes; these trends are expected to accelerate the market's expansion during the forecast period.
Report Coverage
Global Automotive Fascia research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Fascia report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Fascia competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Fascia market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Fascia market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Fascia market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Inhance Technologies, Gestamp Automoción S.A., MRC Manufacturing, Plastic Omnium, SANKO GOSEI, Dongfeng Electronic Technology Co. Ltd., FLEX-N-GATE CORPORATION, Magna International Inc., Eakas Corporation, Chiyoda Manufacturing
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Fascia market based on the below-mentioned segments:
Global Automotive Fascia Market, By Position Type
Front Fascia
Rear Fascia
Global Automotive Fascia market, By Material
Steel & Aluminium
Rubber
Plastic Covered Styrofoam
Plastic Covered Aluminium
Others
Global Automotive Fascia Market, By Vehicle Type
Passenger Cars
Commercial Vehicles
Global Automotive Fascia market, Regional Analysis
There are three main parts of an automobile's bumper system: the fascia, the bumper beam, and the energy absorber. These car bumpers absorb impact energy at high speeds while having little to no effect on low-velocity collisions. They are streamlined and aesthetically pleasing. A car's front bumper is the covering for the front of the chassis. Fascia refers to the cover of an automobile bumper.
In 1968, General Motors introduced the Pontiac GTO with the first bumpers made of plastic. The Endura elastomer was used to create the component. The body's colour was chosen so that it would not be permanently damaged by low-velocity impacts. Several major automakers also later began including bumpers as standard equipment on vehicles. Bumper fascias are required by the Federal Motor Vehicle Safety Standards for the protection of both passengers and pedestrians. This industry is expanding rapidly due to the rising popularity of using lightweight materials in automobiles.
Globally, the automotive modification industry is flourishing as consumer demand for more aesthetically pleasing vehicles drives product development and modification. Furthermore, the growing need for stylish and efficient car front ends is driving up demand for more aesthetically pleasing automobiles. The demand for customised automobiles has also been propelled by rising personal disposable income and shifting consumer preferences. As a result, the aftermarket modification of vehicles presents a chance for the automotive fascia industry to expand.
Increases in consumer spending are forecasted to boost the auto industry, a cornerstone of the global economy. Moreover, emerging markets like Brazil, India, China, and others contribute significantly to the growth of the auto sector. Since the income and discretionary expenditure in these countries are growing, so too are sales of automobiles. For instance, in 2019, the Society of Indian Automobile Manufacturers (SIAM) reported that 3.3 million passenger vehicles were sold. So, an uptick in personal income means more people can afford to buy cars, which bodes well for the automotive fascia market.
The automotive fascia market is propelled by the widespread adoption of lightweight materials, the rise of luxury vehicle design, and the maintenance of stable production rates. Since the fascia plays a significant part in the safety and aesthetics of the vehicle, the market for automotive fascia is likely to profit further from the rising demand for electric and fuel-efficient automobiles. Lightweight fascia in cars is expected to see increased demand as stricter pollution restrictions are implemented around the world, compelling automakers to develop more fuel-efficient vehicles. The automotive fascia market is expected to rise since leading EV manufacturers are employing lightweight materials to boost vehicle range.
Consumer demand for more aesthetically pleasing vehicles is influencing the industry as a whole. As a result, the aftermarket auto parts sector across the globe is booming, leading to a greater need for sleek and aerodynamic car front ends. The increased need for car fascias may be linked to rising consumer demand for more aesthetically pleasing and technologically advanced vehicles. Automobiles are affected by people's shifting priorities and rising disposable incomes; these trends are expected to accelerate the market's expansion during the forecast period.
Report Coverage
Global Automotive Fascia research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Fascia report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Fascia competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Fascia market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Inhance Technologies, Gestamp Automoción S.A., MRC Manufacturing, Plastic Omnium, SANKO GOSEI, Dongfeng Electronic Technology Co. Ltd., FLEX-N-GATE CORPORATION, Magna International Inc., Eakas Corporation, Chiyoda Manufacturing |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automotive Fascia Market from 2021 to 2030.
- Market Forecast for Automotive Fascia Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automotive Fascia competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automotive Fascia
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Fascia market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Fascia market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Inhance Technologies, Gestamp Automoción S.A., MRC Manufacturing, Plastic Omnium, SANKO GOSEI, Dongfeng Electronic Technology Co. Ltd., FLEX-N-GATE CORPORATION, Magna International Inc., Eakas Corporation, Chiyoda Manufacturing
Primary Target Market
- Market Players of Automotive Fascia
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Fascia market based on the below-mentioned segments:
Global Automotive Fascia Market, By Position Type
Front Fascia
Rear Fascia
Global Automotive Fascia market, By Material
Steel & Aluminium
Rubber
Plastic Covered Styrofoam
Plastic Covered Aluminium
Others
Global Automotive Fascia Market, By Vehicle Type
Passenger Cars
Commercial Vehicles
Global Automotive Fascia market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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