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Automotive Pillars Market

Automotive Pillars Market

Automotive Pillars Market Global Industry Assessment & Forecast

# Pages:

136

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0596

Segments Covered
  • By Product Type Pillar A, Pillar B, Pillar C, Pillar D
  • By Vehicle Type Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
  • By Sales Channel OEM, Aftermarket
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 4.97 Billion
Revenue 2028Revenue 2028: 6.40 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 3.20%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Automotive Pillars market was valued at USD 4.97 Billion in 2020 and is projected to reach USD 6.40 Billion by 2028, growing at a CAGR of 3.20%% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 6.40 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 3.20%%

Definition And Overview

Automotive pillars are the vertical support structures welded from the roof to the rocker panel of the vehicle. Automotive pillars provide structural stability and increase crashworthiness of the vehicle. They are designated as A pillar, B pillar, and C pillar. Station wagons and sometimes, SUVs have D pillar.


The global Automotive Pillars market is segmented based on by Product Type, Vehicle Type, Regions, and Countries. This report provides an analysis of the global Automotive Pillars market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report covers exhaustive analysis on the global Automotive Pillars industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028. 

Yearly Infographics 4.97 Billion 6.40 Billion

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose stringent lockdown measures during the primary stages. This led to numerous challenges owing to the supply chain. However, the market witnessed steady growth over the later stages as the governments lifted restrictions on construction activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long-term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The increasing concerns for environmental sustainability are anticipated to prompt the automotive manufacturers to integrate several changes in the manufacturing of the automobiles. This has resulted in demand for light weight technologies that are gaining popularity among the manufacturers since it limits the carbon emissions. The use of plastic composites for manufacturing automotive pillars considerably reduces the weight of automotive pillars. Additionally, higher fuel efficiency is also achieved by reducing the weight of vehicle leading to reduction in carbon emissions. Hence, most of the automotive pillar manufacturers are now focussing on using plastic composites in order to achieve higher fuel efficiency.

The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the automotive pillars market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales and production of automobiles which is in turn support the growth of the automotive pillars market.

The high cost of lightweight materials is expected to hamper the growth of the automotive pillars market. Furthermore, these materials are utilized only in high-end car which is also limiting the growth of the market.

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product Type, Vehicle Type, Sales Channel
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Benteler International AG, Magna International Inc., Gestamp, GEDIA Automotive Group, ELSA LLC., Sewon, Meleghy Automotive GmbH & Co. KG, G-Tekt Corporation, KIRCHHOFF Automotive GmbH, Aisin Seiki Co. Ltd., Toyoda Iron Works Co. Ltd., Martinrea International Inc., Shiloh Industries, Trinseo S.A, Tower International.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis

Product Analysis Preview

Product Type Analysis: Preview

On the basis of Product Type, the market is segmented into Pillar A, Pillar B, Pillar C, Pillar D. Pillar A held the highest share in the global Automotive Pillars market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Vehicle Type Analysis: Preview

Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle. Passenger Car accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Automotive Pillars Market: Product Type Segment Analysis

    • Pillar A
    • Pillar B
    • Pillar C
    • Pillar D

Global Automotive Pillars Market: Vehicle Type Segment Analysis

    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

Global Automotive Pillars Market: Sales Channel Segment Analysis

    • OEM
    • Aftermarket

Regional Analysis Preview

Based on region, the global Automotive Pillars market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. Developing economies in the Asia Pacific region such as China and India are expected to make notable contributions in the growth over the coming years. Thus, it is expected that the Automotive Pillars market is anticipated to rise over the forecast timespan.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Automotive Pillars Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Automotive Pillars market are Benteler International AG, Magna International Inc., Gestamp, GEDIA Automotive Group, ELSA LLC., Sewon, Meleghy Automotive GmbH & Co. KG, G-Tekt Corporation, KIRCHHOFF Automotive GmbH, Aisin Seiki Co. Ltd., Toyoda Iron Works Co. Ltd., Martinrea International Inc., Shiloh Industries, Trinseo S.A, Tower International.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Global Automotive Pillars Market: Key Highlights

  • The global Automotive Pillars market was valued at USD 4.97 Billion in 2020
  • The global Automotive Pillars Market is projected to reach USD 6.40 Billion by 2028
  • Asia Pacific held the highest share of the Automotive Pillars market in 2020
  • Some of the major companies operating in the Automotive Pillars market are Benteler International AG, Magna International Inc., Gestamp, GEDIA Automotive Group, ELSA LLC., Sewon, Meleghy Automotive GmbH & Co. KG, G-Tekt Corporation, KIRCHHOFF Automotive GmbH, Aisin Seiki Co. Ltd., Toyoda Iron Works Co. Ltd., Martinrea International Inc., Shiloh Industries, Trinseo S.A, Tower International.

Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
FAQ
Frequently Asked Question
  • The global Automotive Pillars valued at 4.97 Billion in 2020 and is expected to reach 6.40 Billion in 2028 growing at a CAGR of 3.20%%.

  • The prominent players in the market are Benteler International AG, Magna International Inc., Gestamp, GEDIA Automotive Group, ELSA LLC., Sewon, Meleghy Automotive GmbH & Co. KG, G-Tekt Corporation, KIRCHHOFF Automotive GmbH, Aisin Seiki Co. Ltd., Toyoda Iron Works Co. Ltd., Martinrea International Inc., Shiloh Industries, Trinseo S.A, Tower International..

  • The market is project to grow at a CAGR of 3.20%% between 2021 and 2028.

  • The driving factors of the Automotive Pillars include

    • The increasing concerns for environmental sustainability are anticipated to prompt the automotive manufacturers to integrate several changes in the manufacturing of the automobiles. This has resulted in demand for light weight technologies that are gaining popularity among the manufacturers since it limits the carbon emissions. The use of plastic composites for manufacturing automotive pillars considerably reduces the weight of automotive pillars. Additionally, higher fuel efficiency is also achieved by reducing the weight of vehicle leading to reduction in carbon emissions. Hence, most of the automotive pillar manufacturers are now focussing on using plastic composites in order to achieve higher fuel efficiency.
    • The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the automotive pillars market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales and production of automobiles which is in turn support the growth of the automotive pillars market.

  • Asia Pacific was the leading regional segment of the Automotive Pillars in 2020.