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Automotive Body Welded Assembly Market by Type (Upper Body and Under Body), Vehicle Type (Passenger Cars and Commercial Vehicles), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2027

A09124
Pages: NA
Dec 2020 | 21 Views
 
Author(s) : NA
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Automotive Body Welded Assembly Market Outlook – 2027 

Rise in income of middle-class families and improved standards of living in developing and developed countries have increased the sales of passenger cars. With increase in sales of the automotive sector, the automotive body welded assembly market has proliferated. An automotive body welded assembly system consists of many individual subassemblies and sheet metal parts welded together. Automotive body welded assembly has a vital role to play in maintaining the composition of the framework in vehicle. Additionally, automotive body welded assembly provides support to driving performance of vehicle. Moreover, it provides safety to the passenger and driver in case of collision. Besides, the factor that drives body welded assembly is that the body welding assembly doesn’t loosen with time like joints.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Vehicle type, Sales channel

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Hormann, Yokoyama, KTH Parts Industries, Orchid International, Futaba, Anchor Manufacturing, Daesan, Baylis Automotive, Dudek & Bock, and HIT Automotive.

 

COVID-19 scenario analysis: 

  • The COVID-19 has affected the already declining automotive industry to a greater extent.
  • Majority of automotive OEMs would focus on consolidating capacities than expanding. 
  • The importance of hygiene in vehicle will intensify due to the pandemic and manufacturers has planning strategies accordingly.
  • The body welded assembly market have faced many challenges with stoppage of automotive production. Revenue generation has stopped and restricted import & exports have disrupted supply chains. 
  • Automotive industry has witnessed zero-sales of vehicle for few months which was never seen before. Moreover, the pandemic would affect the automotive body welded assembly market significantly. 

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

The number of vehicles running on roads have increased significantly in past few years and the demand for automotive body welded assembly market will catalyze simultaneously. Passenger car segment is driving the growth of automotive body welded assembly market majorly. Additionally, the automotive body is not manufactured from single sheet of metal like it was in the past. Instead, the body parts are manufactured separately and laser welded together. This reduces the weight of the car and increases efficiency. Moreover, factors like efficiency, economical, and ease of manufacturing are driving the market of body welded assembly. However, the major problem occurred at assembly line during body welding is human errors due to lack of skills. This could hamper the market growth. Further, rise in expenditure on infrastructure by government and enhanced the standard of living along with technological advancements will support the growth in the coming years.

The Automotive Body Welded Assembly market trends are as follows:

Robotic automotive body welded assembly.

Increasing complexity of automotive parts and complex manufacturing process are handled with ease because of robots. Preserving high welding standards in every fabrication is possible due to the repeatable arc and speed gap of long robotic arms. Robotic body welders can position the torch in the exact same orientation on every cycle. Robotic body welders perform all the programmed welds with high precision. Moreover, robotic body is largely adopted by automakers due to its benefits over human errors.

Surge in sales of passenger cars.

With increase in globalization and rising disposable income in developing economies has increased the sales of passenger car segment. Additionally, with adoption of new technologies, the sales of passenger cars are rising. With rise in sales of passenger cars, the market of automotive body welded assembly is expected to increase.

Key segments covered:

Segments

Sub-segments

  Type

  • Upper body
  • Under body

  Vehicle type

  • Passenger cars
  • Commercial vehicles

  Sales channel

  • OEM
  • Aftermarket

 

Key benefits of the report:

  • This study presents the analytical depiction of the automotive body welded assembly industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed automotive body welded assembly market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the automotive body welded assembly market research report:

  • What are the leading market players active in the automotive body welded assembly market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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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
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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:

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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)


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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.
 
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