Research Lightweight Automotive Body Panels Market | Page 5

Lightweight Automotive Body Panels Market
Segmentation highlights
The global lightweight automotive body panels market is segmented on the basis of Material Type
(Metals, Polymers & Composites); Component Type (Bumpers, Hood, Door Panels, Trunk Lids, Roof,
Others); and Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle).
 The Metals material type segment is likely to be valued at US$ 92.7 Bn by 2016 end
 The Door Panels component type segment is anticipated to be a prominent segment accounting for
maximum market share of 32.9% by 2016 end
 The Passenger Car vehicle type segment is expected to expand at a significant CAGR of 5.5% over the
forecast period
Regional market projections
The global lightweight automotive body panels market is segmented on the basis of region into North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan, and
Middle East & Africa. Middle East & Africa and APEJ are expected to register a relatively higher CAGR in
terms of value over the forecast period. The anticipated automotive production growth in China and
India is projected to drive market demand in the APEJ region. North America and Western Europe are
projected to collectively account for a market value share of over 52.8% by the end of the current year.
©2015 Future Market Insights, All Rights Reserved
5