TechNavio recognizes the following companies as the key players in the Global Automotive Bumpers Market: Compagnie Plastic Omnium SA, Faurecia SA, Futaba Industrial Co. Ltd., Magna International Inc., and Toyoda Gosei Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “A major trend being witnessed in the Global Automotive Bumpers market is the increasing preference for plastic bumpers over traditional metal ones. Metal bumpers were extremely popular in the past as they are very sturdy and durable. However, automobile manufacturers currently prefer using plastic bumpers as they can be used to increase the aesthetic appeal of an automobile. Also, plastic bumpers have an additional structure embedded within them. This structure contains foam energy absorbers which facilitate better protection for the automobile. It is expected that these features will increase the use of plastic bumpers significantly in the coming years.”
According to the report, the main factor driving the use of bumpers across all geographies is the fact that they provide improved safety for the driver and passengers. Bumpers help in minimizing the impact of an accident and thereby improve the safety of occupants.
Further, the report states that the major challenge faced by the market is the inefficiency of bumpers. There are many instances where the bumpers do not fit correctly with the automobile geometry and tend not to stay engaged in the required position. This can be a major issue during collisions as the main purpose of the bumpers is not achieved.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-automotive-bumpers-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report – Global Automotive Bumpers Market 2014-2018
