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Los Angeles, CA -- (SBWIRE) -- 10/11/2018 -- Description
This report studies the global Automotive Front End Module market status and forecast, categorizes the global Automotive Front End Module market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
Automotive Front End Module is consists of building the automotive front end off line, and installing the entire module as one complete assembly on the vehicle rather than building up the front end vehicle component by component. The Front End Module is the aggregate of components located in its front part which carry out many functions (esthetical, structural, aerodynamically, engine cooling, and safety) and which are preassembled as subassembly ready to be installed into the vehicle. The Front End Module included many components, such as Radiator, Condenser, Core Support, Headlight, Front Grill, Bumpers, Fenders, Crash Management System, and Others.
The trend of Front End Module (FEM) modularization is gaining traction, as modularization helps OEMs save on cost, time, and manpower during the manufacturing process. Previously, each and every component of the FEM was assembled by OEMs on the assembly line; this was time-consuming and extended the production process of the vehicle. However, the advent of modularization has enabled OEMs to save on these costs and opt for outsourcing these functions. OEMs save around 20 to 30% of costs through modularization, in comparison with the traditional front-end methods.
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The Automotive Front End Module industry is highly concentrated, the top three manufactures accounting for more than 75% in Europe, and have a rapid growth to North America, Asia and other regions.The Automotive Front End Module industry is highly concentrated, the top three manufactures accounting for more than 75% in Europe, and have a rapid growth to North America, Asia and other regions.
In wrod wide, major manufactures are HBPO Group, Magna, Faurecia, Valeo, DENSO, Calsonic Kansei, Hyundai Mobis, SL Corporation, Yinlun and etc.
The global Automotive Front End Module market is valued at 6700 million US$ in 2017 and will reach 9410 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2018-2025.
The major manufacturers covered in this report
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
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