Global Automotive Aluminum Market by Type of Vehicles (Cars, Buses, Light Commercial Vehicles, and Heavy Commercial Vehicles) and by Application (Body Panels, Hoods, Frames, Wheels, Engine, Transmission, Suspension, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2028
A01648 | Pages: NA | Jun 2021 | 4573 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Global Automotive Aluminum Market
Request Now !Aluminum is the most extensively used metal in automobiles and commercial vehicles as it provides excellent safety and durability coupled with increase in fuel efficiency and reduced emissions. In addition, the demand for aluminum is accelerating in automobile applications owing to its strength and environmental benefits. The recyclability associated with aluminum has triggered its demand, which is expected to gain major traction in the coming years.
The growth in the automobile industry has fueled the demand for aluminum with applications in commercial and passenger vehicles. In addition, the performance benefits such as it lightweight and dent resistance associated with aluminum has increased its demand among automakers. Luxury vehicles such as Ford, Audi, and Mercedes Benz have increased the adoption of aluminum as a versatile material of choice in body structures including engine, transmission, and wheels. Furthermore, strict environmental measures against the increase in carbon dioxide emissions have fueled the demand for aluminum. The increase in demand for passenger cars has accelerated the demand for aluminum owing to consumer preferences towards lightweight vehicles. Furthermore, the demand for aluminum in heavy commercial vehicles is projected to create lucrative growth opportunities owing to rise in demand for transportation goods. Fluctuation in prices associated with aluminum coupled with increase in operational cost has hindered the market growth, but increase in applications of aluminum as an alternative to steel is expected to increase its demand in automotive applications.
North America is the major region for the automotive aluminum market followed by Europe. Rise is urbanization coupled with ecofriendly measures are expected to drive the market in Asia-Pacific and LAMEA.
The report on the global aluminum market is segmented based on vehicle type, application, and geography. Based on vehicle type, the report includes cars, buses, light commercial vehicles, and heavy commercial vehicles. Based on application, the market is bifurcated into body panels, hoods, frames, wheels, engine, transmission, suspension, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top market players in the global automotive aluminum market include Alcoa, Aluminum Corporation of China, Rio Tinto Alcan, BHP Billiton, Dubai Aluminum, Jindal Aluminum, Novelis, Vedanta Aluminum, Aleris International, and United Co. RUSAL.
Key Benefits For Stakeholders
- This report entails the detailed quantitative analysis of current market and estimations from 2014 to 2022 that assist in identifying the prevailing market opportunities to capitalize on the global automotive aluminum market.
- In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to better understand the market behavior.
- Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
- Porters Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
- Pinpoint analysis of geographical segments helps to identify opportunities for growth within the market.
Global Automotive Aluminum Market Key Segments
By Type of Vehicles
- Cars
- Buses
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Application
- Body panels
- Hoods
- Frames
- Wheels
- Engine
- Transmission
- Suspension
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Global Automotive Aluminum Market- Global Opportunity Analysis and Industry Forecast, 2021-2028
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers