Global Front-end Module Market Size, Share, Forecast Report, 2020-2027
The global Front-end Module market garnered revenue around USD 55.27 Billion in 2019 and projected to reach USD 124.31 Billion in 2027, with at a compound annual growth rate (CAGR) 11.04% throughout the estimate period from 2020 to 2027.
The front-end module market is a mature market and estimated to expand at a CAGR of ~11.4% during the forecast period
Vehicle production in Middle East & Africa and Latin America is likely to increase significantly during the forecast period, owing to increase in vehicle production in Mexico, Brazil, Iran, South Africa, and Morocco, which, in turn, is estimated to drive the front-end module market in these regions The suspension of operations and minimal workforce in plants are few of the many measures companies in the front-end module market are adopting during the COVID-19 (coronavirus) crisis. Despite setbacks in the global economy, manufacturers are anticipating growth in business activities in the last quarter of 2020. They are taking cues from previous product launches. For instance, in January 2020, the U.S. semiconductor company Qorvo introduced a full suite of automotive products that include integrated front-end modules (FEM) to support dedicated short-range communication (DSRC) systems.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Front-end Module market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Front-end Module market growth.
The global Front-end Module market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
the global front-end module market include Magna International Inc., MAHLE GmbH, Faurecia SA, DENSO Corporation, Calsonic Kansei Corporation, HBPO Group, Plastic Omnium, Hyundai Mobis, Samvardhana Motherson Group, Valeo, Flex-N-Gate Corporation, RTP Company, and SL Corporation.
Global Front-end Module Market: Segmentation
- Front-end Module Market, by Component
- Forward Lighting
- Radiator & Cooling Fan
- Grille Panel/Reinforcement
- Bumper Cover
- Horn Assembly
- Others (Active Grille Shutter)
- Front-end Module Market, by Material
- Pelletized Long Fiber PP
- Glass-Mat Thermoplastic (GMT)
- Front-end Module Market, by Vehicle Type
- Passenger Vehicle
- Utility Vehicle
- Commercial Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Front-end Module Market, by Sales Channel
- Passenger Vehicle
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- United States
- United Kingdom
- Rest of EU
- Asia Pacific
- Southeast Asia
- Rest of APAC
- Central & South America
- Rest of Central & South America
- Middle East and Africa
- Saudi Arabia
- Rest of MEA