Automotive Pillar Market Scope
Automotive pillars is termed as the vertical or near vertical supports related to the window area of a car or greenhouse designated respectively as the A, B, C or (in larger cars) D-pillar. A-Pillar is refer as the foremost pillar of the car, the one which holds the windscreen, B-Pillar is refer as the pillar on both sides that is just behind the driver's seat, C-Pillar is refer as the 3rd pillar generally behind the passenger's seat and any other pilllars behind that are named with the following letters. The market of the automotive pillar is growing significantly due to the rising selling ratio of various categories of car, also rising disposable income directly impact on the automotive market which interns increases the automotive pillar market
According to AMA, the Global Automotive Pillar market is expected to see growth rate of 5.9%Passenger cars employ automotive pillars to the maximum as manufacturers of passenger cars focus on the safety aspect in passenger cars of various price ranges in order to adhere to and comply with the standards imposed by governments and regulatory bodies. Passenger cars accounted for a share of around 76% in the global automotive pillar market in 2017 and are expected to continue their reign over the market, increasing at a stable rate. As a result, LCVs and HCVs are expected to witness an unfortunate decline in their shares Research Analyst at AMA estimates that United States and Japanese Vendors will contribute to the maximum growth of Global Automotive Pillar market throughout the predicted period.
Unipres Corporation (Japan), Kirchhoff Automotive Gmbh (Germany), Tianjin Toyotetsu Automobile (Japan), Toyotomi Kiko Co (Japan), G-Tekt Corporation (Japan), Martinrea International (Canada), Aisin Seiki (Japan), Tower International (United States) and Shiloh Industries (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Benteler automotive (United States), Gestamp (Spain), Sewon America (United States) and Elsa Llc (United States).
Segmentation Overview
The study have segmented the market of Global Automotive Pillar market by Type (Pillar A, Pillar B, Pillar C and Pillar D), by Application (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle) and Region with country level break-up.
On the basis of geography, the market of Automotive Pillar has been segmented into 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).
Influencing Trend:
Recent shift in the preference from mileage to looks and features
Market Growth Drivers:
Booming in the automotive industry and Growing need for safety and stringent government regulations
Challenges:
High cost associated with labour workforce in the automotive industry
Restraints:
Market with capital intensive and Fluctuating prices of steel
Opportunities:
Vehicle production is growing, which in turn would push the demand for Vehicle Pillars
Market Leaders and their Expansionary Development Strategies
Government and ruling authorities across the globe have imposed stringent regulations regarding the safety of passengers. If any irregularities are to be found, then the manufacturer is likely to be charged with heavy penalties and at the top of that, it also puts forward a negative image for the company among consumers and in the global market
Key Target Audience
Automotive manufacturers, Automotive suppliers, Automotive developers, Automotive Pillar wholesalers, Automotive Pillar research firm and End user
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.