Body in White (BIW) Market
Body in White (BIW) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Body in White (BIW) Market Size and Growth
The Body in White (BIW) market is experiencing robust growth due to increased automotive production and demand for lightweight materials. Currently valued at approximately $60 billion, the market is projected to expand, driven by technological advancements and rising trends in electric and hybrid vehicles, necessitating innovative BIW solutions to enhance performance and efficiency. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ Gestamp Automocion (Spain)
◍ Voestalpine Group (Austria)
◍ Magna (Canada)
◍ Benteler International (Austria)
◍ CIE Automotive (Spain)
◍ Tower International (US)
◍ Martinrea International (Canada)
◍ Aisin Seiki (Japan)
◍ Kirchhoff Automotive (Germany)
◍ Dura Automotive (US)
◍ Thyssenkrupp (Germany)
◍ JBM Auto (India)
The Body in White (BIW) market features competitors like Gestamp, Voestalpine, and Magna, focusing on lightweight materials and advanced manufacturing. Companies enhance BIW efficiencies, reduce costs, and improve vehicle safety. Key players reported significant revenues, aiding market growth through innovation and expanded production capacities:
- Gestamp: €9.2 billion - Magna: $36 billion - Thyssenkrupp: €33 billion
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