The Global Body In White Market for automotive is projected to reach USD 90.5 billion by 2027 from an estimated value of USD 77.0 billion in 2019, growing at a CAGR of 2% during the forecast period.
The white body represents the design and construction phases of the automobile manufacturing unit, where the vehicle’s sheet metal body elements are welded to each other. In other words, the white frame is the body structure of a car before painting and assembly of the chassis, engine, doors, glass, seats, hood, and other sub-assemblies. Other procedures included are clinching, welding, laser brazing, etc. Despite the disruptions in the automotive sector, such as the evolution of electric/hybrid vehicles, and the development of driverless and connected vehicles, the BIW component remains a constant part of the automotive sector, leading to a major business segment in the overall automotive industry.
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Market Segments
Based on vehicle type
- Passenger Cars
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Electric Vehicles (BEV passenger cars)
Based on Construction Type
- Monocoque
- Frame Mounted
Based on Manufacturing Method
- Cold Stamping
- Hot Stamping
- Roll Forming
- Other Methods
Key Players
Major players operating in the global body in white market include Gestamp Automoción, Voestalpine Group, Magna, Benteler International, CIE Automotive, Tower International, Aisin Seiki, Kirchhoff Automotive, Dura Automotive, Thyssenkrupp, JBM Auto, Autoneum Holding AG, KWD Automotive AG & Co. KG, Badve Group, PANSE Group of Companies, Plastic Omnium Co., AKKA Technologies, etc.
Scope of the Report
The research study analyzes the global Body In White industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Body In White Market Report
1. What was the Body In White Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Body In White Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Body In White Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Body In White market.
- The market share of the global Body In White market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Body In White market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Body In White market.
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