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Body in White (BIW) Market Data Survey Report 2019-2026

Body in white (BIW) refers to the stage in automotive manufacturing in which the body component of sheet metal of an vehicle have been welded/ joined together. In other words, body in white (BIW) is the frame structure of the vehicle before painting and assembly of chassis, engine, seat, glass, hood, doors, and other such sub-assemblies.

KiranGaikwad
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Body in White (BIW) Market Data Survey Report 2019-2026

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  1. Body in White (BIW) Market is To Reach USD 88.9 Billion By 2026

  2. Market Summary : Market Size- USD 74.5 Billion in 2018, Market Growth - CAGR of 2.23%, Market trends- Rising competition in the automobile industry, OEMs’ focus on introducing the vehicles with overall lesser weight are boosting the body in white (BIW) market, APAC region will witness the highest growth during the forecast period. According to the current analysis of Reports and Data, The global body in white (BIW) market was valued at USD 74.5 billion in 2018 and is expected to reach USD 88.9 billion by year 2026, at a CAGR of 2.2% CAGR during the forecast period (from 2018 – 2026). The major drivers of the growths are – robust growth in commercial car production globally, increasing usage of high cost material, reduction in the vehicle weight to reduce the fuel economy and meet the emission standards; however, the market is expected to face headwind due to the high cost of manufacturing methods is considered as a restraining factor for the growth in the market. Further key findings from the report suggest • Steel is majorly used material for body in white (BIW) component production and it held for the largest share in the global body-in-white component market in 2018. • By material type, Aluminium sub-segment of automotive body-in-white component market is expected to gain dominant during the forecast period due to its low cost and higher strength of the material. www.reportsanddata.com

  3. Key Players: • Gestamp Automoción (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), and JBM Auto (India) and others. • Segmentation: • Body in White by Material (Revenue, USD Million; 2016–2026), Aluminium, Steel, Composites, CFRP (Carbon fiber reinforced polymer), Magnesium, Other • Body in White by Manufacturing Process (Revenue, USD Million; 2016–2026), Hot Stamping, Cold Stamping, Hydroforming, Roll Forming, Others • Body in White by Structure (Revenue, USD Million; 2016–2026), Monocoque, Frame Mounted • Body in White by Propulsion Type (Revenue, USD Million; 2016–2026), Gasoline Powered, Electric Vehicle • Body in White by Vehicle Type (Revenue, USD Million; 2016–2026), Passenger vehicles, Commercial vehicles www.reportsanddata.com

  4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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