Market Highlights: A plastic bumper is a structure attached to or integrated with the front and rear ends of a motor vehicle, to soak up impact in a minor collision, ideally reducing repair costs. Most recent cars use a reinforced thermoplastic bumper, as they are low-cost to manufacture, easy to fit as well as absorb more energy during a crash. A majority of automotive bumpers are custom made for a particular model. Many companies currently offer various styles in thermoplastic, with a range of fittings designed for various models. Based on the vehicle, the market has been classified into passenger vehicle and commercial vehicle. The market study is being classified by Type (Front Bumper and Rear Bumper), by Application (Passenger Vehicle and Commercial Vehicle) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Plastic Bumpers are Plastic Omnium (France), Magna (Canada), SMP (Germany), Tong Yang (Taiwan), Hyundai Mobis (South Korea), KIRCHHOFF Automotive GmbH (Germany), HuaYu Automotive Systems Company Limited (China), Seoyon E-Hwa (South Korea), Flex-N-Gate Corporation (United States) and TOYODA GOSEI CO., LTD. (Japan).
On 16 Jan 2018, Plastic Omnium, a leading plastic bumpers manufacturer has presented its latest innovations at NAIAS DETROIT Auto Show 2018. Plastic Omnium has developed more intelligent bumpers with embedded intelligence with features such as integrated radar, innovative front grille, and impact detection & absorption system.
Key Questions Answered in the Report What will the Plastic Bumpers Market size and the growth rate be in Future? What are the key factors driving the Plastic Bumpers Market? What are the key market trends and macro-economic impacting the growth of the Plastic Bumpers Market? What are the challenges to market growth? Who are the key vendors in the Plastic Bumpers Market? What are the market opportunities and threats faced by the vendors in the Plastic Bumpers Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Plastic Bumpers Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plastic Bumpers market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Plastic Bumpers market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Plastic Bumpers Manufacturers, Plastic Bumpers Raw Material Suppliers, Plastic Bumpers Traders/Distributors, Plastic Bumpers Importer/Exporter, Regulatory Bodies, Government Bodies and Industry Associations. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.