Automobile Lightweight Components Market
Automobile Lightweight Components Market Size and Growth
The Automobile Lightweight Components market is poised for significant growth, driven by increasing fuel efficiency regulations and demand for improved vehicle performance. The market size is projected to reach approximately $120 billion by 2026, reflecting a robust CAGR. Key trends include advanced materials adoption and enhanced manufacturing technologies in the automotive sector.
Companies Covered
(Covid 19 Impact Covered)
◍ Plastic Omnium
◍ Toyoda Gosei
◍ Nemak
◍ BHAP
◍ Alcan
◍ Nippon Light Metal
◍ Suntown Group
◍ YFPO
◍ Dura Automotive
◍ Roechling
◍ Continental Structural Plastics
◍ Constellium
The Automobile Lightweight Components Market features key players like Plastic Omnium, Toyoda Gosei, and Nemak, who innovate with advanced materials to reduce vehicle weight. Their contributions enhance fuel efficiency and performance, driving market growth.
Notable sales figures include:
- Dura Automotive: $500 million
- Constellium: $2.3 billion
- Roechling: $1 billion.
Request Sample Report
Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
Request Sample Report
By Product
High Strength Steel
Aluminum
Magnesium
Composite Materials
Plastic
Market Growth
Request Sample Report
$ X Billion USD
