The global automotive radiator grille market is projected to reach US$ 3,087.2 million in 2023 and offers healthy growth opportunities in the entire ecosystem of the market, according to a newly added report by Stratview Research. Increasing global automobile production, rising demand for fuel-efficient vehicles, higher preference towards excellent aesthetics, increasing demand for lightweight parts, and rising automobile fleet are the major factors that the proliferating the growth of radiator grilles in the automotive industry.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in five ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2018-2023.
As per the report, among different vehicle types, Passenger car is expected to remain the growth engine of the global automotive radiator grille market during the forecast period of 2018 to 2023. Increasing production of passenger cars, especially SUVs and compact cars, coupled with a higher demand for excellent aesthetics is the major driver of the segment.
Based on the design type, the global automotive radiator grille market is segmented as Horizontal Grille, Vertical Grille, and Mesh Grille. Horizontal grille is expected to remain the most dominant design type in the global automotive radiator grille market during the forecast period of 2018 to 2023. Horizontal grille is preferred in most of the vehicle types including passenger cars and light commercial vehicles, driven by its good strength, easy maintenance, and high aesthetic value.
Asia-Pacific is expected to remain the largest market for occupant classification systems in the coming five years, according to the analyst. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
The report further mentions about the key manufacturing players Aisin Seiki Co., Ltd., TE Connectivity, ZF Friedrichshafen AG, Continental AG, Aptiv PLC, Robert Bosch GmbH, Denso Corporation, Autoliv Inc., Nidec Corporation, TCS Corporation, Joyson Safety Systems, Keihin Corporation, Calsonic Kansei Corporation, Shanghai Shanben Industrial E.&I. Co., Ltd, and Flexpoint Sensor Systems. who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the occupant classification system market that can be helpful for the interested clients in analysing the market and taking right decisions accordingly.
Salient Features of the Report
The report on Occupant Classification System Market is a well-researched work after analysing of various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and marker research reports for interested client in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Add paragraph text here.
