Global Automotive Bumpers Market Analysis and Forecast 2024-2030

Global Automotive Bumpers Market Analysis and Forecast 2024-2030


Summary

Automotive Bumpers is usually a metal bar or beam, attached the vehicle's front-most and rear-most ends, designed to absorb impact in a collision. The main function of a bumper is to protect the car's body in a slight collision, typically at parking speed. Front and rear bumpers on today's cars generally consist of a plastic cover over a reinforcement bar made of steel, aluminum, fiberglass composite or plastic.
Some automakers design the bumper bar and its attachment brackets to crush in a low-speed crash to absorb energy. Polypropylene foam or formed thermoplastic sometimes is used in addition to or instead of crushable brackets and a bar. But frequently their main purpose is to serve as a spacer between the bar and the bumper cover and not as an energy absorber. Currently few, if any, bumper bars are attached to the vehicle structure through mechanisms like shock absorbers. Bumpers are not capable of reducing injury to vehicle occupants in high-speed impacts, but are increasingly being designed to mitigate injury to pedestrians struck by cars, such as through the use of bumper covers made of flexible materials.

According to APO Research, The global Automotive Bumpers market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Automotive Bumpers is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Automotive Bumpers is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Automotive Bumpers is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Automotive Bumpers is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Automotive Bumpers include Flex-N-Gate, Ford, Plastic Omnium, Magna International, Toyoda Gosei, Alcoa, Faurecia, SMG and AGS, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Automotive Bumpers production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Automotive Bumpers by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Automotive Bumpers, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Automotive Bumpers, also provides the consumption of main regions and countries. Of the upcoming market potential for Automotive Bumpers, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Automotive Bumpers sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Automotive Bumpers market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Automotive Bumpers sales, projected growth trends, production technology, application and end-user industry.

Automotive Bumpers segment by Company

Flex-N-Gate
Ford
Plastic Omnium
Magna International
Toyoda Gosei
Alcoa
Faurecia
SMG
AGS
KIRCHHOFF Automotive
Eco Plastic Automotive
Aisin Light Metals
Sungwoo
Benteler
Futaba Industrial
Automotive Bumpers segment by Type

Metal
Plastic
Automotive Bumpers segment by Application

Commercial Vehicle
Passenger Vehicle
Automotive Bumpers segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Automotive Bumpers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Automotive Bumpers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Automotive Bumpers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Automotive Bumpers production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Automotive Bumpers in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Automotive Bumpers manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Automotive Bumpers sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Automotive Bumpers Market by Type
1.2.1 Global Automotive Bumpers Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Metal
1.2.3 Plastic
1.3 Automotive Bumpers Market by Application
1.3.1 Global Automotive Bumpers Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial Vehicle
1.3.3 Passenger Vehicle
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Automotive Bumpers Market Dynamics
2.1 Automotive Bumpers Industry Trends
2.2 Automotive Bumpers Industry Drivers
2.3 Automotive Bumpers Industry Opportunities and Challenges
2.4 Automotive Bumpers Industry Restraints
3 Global Automotive Bumpers Production Overview
3.1 Global Automotive Bumpers Production Capacity (2019-2030)
3.2 Global Automotive Bumpers Production by Region: 2019 VS 2023 VS 2030
3.3 Global Automotive Bumpers Production by Region
3.3.1 Global Automotive Bumpers Production by Region (2019-2024)
3.3.2 Global Automotive Bumpers Production by Region (2025-2030)
3.3.3 Global Automotive Bumpers Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Automotive Bumpers Revenue Estimates and Forecasts (2019-2030)
4.2 Global Automotive Bumpers Revenue by Region
4.2.1 Global Automotive Bumpers Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Automotive Bumpers Revenue by Region (2019-2024)
4.2.3 Global Automotive Bumpers Revenue by Region (2025-2030)
4.2.4 Global Automotive Bumpers Revenue Market Share by Region (2019-2030)
4.3 Global Automotive Bumpers Sales Estimates and Forecasts 2019-2030
4.4 Global Automotive Bumpers Sales by Region
4.4.1 Global Automotive Bumpers Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Automotive Bumpers Sales by Region (2019-2024)
4.4.3 Global Automotive Bumpers Sales by Region (2025-2030)
4.4.4 Global Automotive Bumpers Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Automotive Bumpers Revenue by Manufacturers
5.1.1 Global Automotive Bumpers Revenue by Manufacturers (2019-2024)
5.1.2 Global Automotive Bumpers Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Automotive Bumpers Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Automotive Bumpers Sales by Manufacturers
5.2.1 Global Automotive Bumpers Sales by Manufacturers (2019-2024)
5.2.2 Global Automotive Bumpers Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Automotive Bumpers Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Automotive Bumpers Sales Price by Manufacturers (2019-2024)
5.4 Global Automotive Bumpers Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Automotive Bumpers Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Automotive Bumpers Manufacturers, Product Type & Application
5.7 Global Automotive Bumpers Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Automotive Bumpers Market CR5 and HHI
5.8.2 2023 Automotive Bumpers Tier 1, Tier 2, and Tier 3
6 Automotive Bumpers Market by Type
6.1 Global Automotive Bumpers Revenue by Type
6.1.1 Global Automotive Bumpers Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Automotive Bumpers Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Automotive Bumpers Revenue Market Share by Type (2019-2030)
6.2 Global Automotive Bumpers Sales by Type
6.2.1 Global Automotive Bumpers Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Automotive Bumpers Sales by Type (2019-2030) & (K Units)
6.2.3 Global Automotive Bumpers Sales Market Share by Type (2019-2030)
6.3 Global Automotive Bumpers Price by Type
7 Automotive Bumpers Market by Application
7.1 Global Automotive Bumpers Revenue by Application
7.1.1 Global Automotive Bumpers Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Automotive Bumpers Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Automotive Bumpers Revenue Market Share by Application (2019-2030)
7.2 Global Automotive Bumpers Sales by Application
7.2.1 Global Automotive Bumpers Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Automotive Bumpers Sales by Application (2019-2030) & (K Units)
7.2.3 Global Automotive Bumpers Sales Market Share by Application (2019-2030)
7.3 Global Automotive Bumpers Price by Application
8 Company Profiles
8.1 Flex-N-Gate
8.1.1 Flex-N-Gate Comapny Information
8.1.2 Flex-N-Gate Business Overview
8.1.3 Flex-N-Gate Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Flex-N-Gate Automotive Bumpers Product Portfolio
8.1.5 Flex-N-Gate Recent Developments
8.2 Ford
8.2.1 Ford Comapny Information
8.2.2 Ford Business Overview
8.2.3 Ford Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Ford Automotive Bumpers Product Portfolio
8.2.5 Ford Recent Developments
8.3 Plastic Omnium
8.3.1 Plastic Omnium Comapny Information
8.3.2 Plastic Omnium Business Overview
8.3.3 Plastic Omnium Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Plastic Omnium Automotive Bumpers Product Portfolio
8.3.5 Plastic Omnium Recent Developments
8.4 Magna International
8.4.1 Magna International Comapny Information
8.4.2 Magna International Business Overview
8.4.3 Magna International Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Magna International Automotive Bumpers Product Portfolio
8.4.5 Magna International Recent Developments
8.5 Toyoda Gosei
8.5.1 Toyoda Gosei Comapny Information
8.5.2 Toyoda Gosei Business Overview
8.5.3 Toyoda Gosei Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Toyoda Gosei Automotive Bumpers Product Portfolio
8.5.5 Toyoda Gosei Recent Developments
8.6 Alcoa
8.6.1 Alcoa Comapny Information
8.6.2 Alcoa Business Overview
8.6.3 Alcoa Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Alcoa Automotive Bumpers Product Portfolio
8.6.5 Alcoa Recent Developments
8.7 Faurecia
8.7.1 Faurecia Comapny Information
8.7.2 Faurecia Business Overview
8.7.3 Faurecia Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Faurecia Automotive Bumpers Product Portfolio
8.7.5 Faurecia Recent Developments
8.8 SMG
8.8.1 SMG Comapny Information
8.8.2 SMG Business Overview
8.8.3 SMG Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 SMG Automotive Bumpers Product Portfolio
8.8.5 SMG Recent Developments
8.9 AGS
8.9.1 AGS Comapny Information
8.9.2 AGS Business Overview
8.9.3 AGS Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 AGS Automotive Bumpers Product Portfolio
8.9.5 AGS Recent Developments
8.10 KIRCHHOFF Automotive
8.10.1 KIRCHHOFF Automotive Comapny Information
8.10.2 KIRCHHOFF Automotive Business Overview
8.10.3 KIRCHHOFF Automotive Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 KIRCHHOFF Automotive Automotive Bumpers Product Portfolio
8.10.5 KIRCHHOFF Automotive Recent Developments
8.11 Eco Plastic Automotive
8.11.1 Eco Plastic Automotive Comapny Information
8.11.2 Eco Plastic Automotive Business Overview
8.11.3 Eco Plastic Automotive Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 Eco Plastic Automotive Automotive Bumpers Product Portfolio
8.11.5 Eco Plastic Automotive Recent Developments
8.12 Aisin Light Metals
8.12.1 Aisin Light Metals Comapny Information
8.12.2 Aisin Light Metals Business Overview
8.12.3 Aisin Light Metals Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Aisin Light Metals Automotive Bumpers Product Portfolio
8.12.5 Aisin Light Metals Recent Developments
8.13 Sungwoo
8.13.1 Sungwoo Comapny Information
8.13.2 Sungwoo Business Overview
8.13.3 Sungwoo Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.13.4 Sungwoo Automotive Bumpers Product Portfolio
8.13.5 Sungwoo Recent Developments
8.14 Benteler
8.14.1 Benteler Comapny Information
8.14.2 Benteler Business Overview
8.14.3 Benteler Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.14.4 Benteler Automotive Bumpers Product Portfolio
8.14.5 Benteler Recent Developments
8.15 Futaba Industrial
8.15.1 Futaba Industrial Comapny Information
8.15.2 Futaba Industrial Business Overview
8.15.3 Futaba Industrial Automotive Bumpers Sales, Revenue, Price and Gross Margin (2019-2024)
8.15.4 Futaba Industrial Automotive Bumpers Product Portfolio
8.15.5 Futaba Industrial Recent Developments
9 North America
9.1 North America Automotive Bumpers Market Size by Type
9.1.1 North America Automotive Bumpers Revenue by Type (2019-2030)
9.1.2 North America Automotive Bumpers Sales by Type (2019-2030)
9.1.3 North America Automotive Bumpers Price by Type (2019-2030)
9.2 North America Automotive Bumpers Market Size by Application
9.2.1 North America Automotive Bumpers Revenue by Application (2019-2030)
9.2.2 North America Automotive Bumpers Sales by Application (2019-2030)
9.2.3 North America Automotive Bumpers Price by Application (2019-2030)
9.3 North America Automotive Bumpers Market Size by Country
9.3.1 North America Automotive Bumpers Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Automotive Bumpers Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Automotive Bumpers Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Automotive Bumpers Market Size by Type
10.1.1 Europe Automotive Bumpers Revenue by Type (2019-2030)
10.1.2 Europe Automotive Bumpers Sales by Type (2019-2030)
10.1.3 Europe Automotive Bumpers Price by Type (2019-2030)
10.2 Europe Automotive Bumpers Market Size by Application
10.2.1 Europe Automotive Bumpers Revenue by Application (2019-2030)
10.2.2 Europe Automotive Bumpers Sales by Application (2019-2030)
10.2.3 Europe Automotive Bumpers Price by Application (2019-2030)
10.3 Europe Automotive Bumpers Market Size by Country
10.3.1 Europe Automotive Bumpers Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Automotive Bumpers Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Automotive Bumpers Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Automotive Bumpers Market Size by Type
11.1.1 China Automotive Bumpers Revenue by Type (2019-2030)
11.1.2 China Automotive Bumpers Sales by Type (2019-2030)
11.1.3 China Automotive Bumpers Price by Type (2019-2030)
11.2 China Automotive Bumpers Market Size by Application
11.2.1 China Automotive Bumpers Revenue by Application (2019-2030)
11.2.2 China Automotive Bumpers Sales by Application (2019-2030)
11.2.3 China Automotive Bumpers Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Automotive Bumpers Market Size by Type
12.1.1 Asia Automotive Bumpers Revenue by Type (2019-2030)
12.1.2 Asia Automotive Bumpers Sales by Type (2019-2030)
12.1.3 Asia Automotive Bumpers Price by Type (2019-2030)
12.2 Asia Automotive Bumpers Market Size by Application
12.2.1 Asia Automotive Bumpers Revenue by Application (2019-2030)
12.2.2 Asia Automotive Bumpers Sales by Application (2019-2030)
12.2.3 Asia Automotive Bumpers Price by Application (2019-2030)
12.3 Asia Automotive Bumpers Market Size by Country
12.3.1 Asia Automotive Bumpers Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Automotive Bumpers Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Automotive Bumpers Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Automotive Bumpers Market Size by Type
13.1.1 Middle East, Africa and Latin America Automotive Bumpers Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Automotive Bumpers Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Automotive Bumpers Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Automotive Bumpers Market Size by Application
13.2.1 Middle East, Africa and Latin America Automotive Bumpers Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Automotive Bumpers Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Automotive Bumpers Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Automotive Bumpers Market Size by Country
13.3.1 Middle East, Africa and Latin America Automotive Bumpers Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Automotive Bumpers Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Automotive Bumpers Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Automotive Bumpers Value Chain Analysis
14.1.1 Automotive Bumpers Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Automotive Bumpers Production Mode & Process
14.2 Automotive Bumpers Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Automotive Bumpers Distributors
14.2.3 Automotive Bumpers Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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