Automotive Vehicle lightweighting - Global Sector Overview and Forecast (Q1 2022 Update)
Summary
Automotive industry has been under pressure to change the way it designs and builds vehicles, due to factors such as the increasing impact of passenger and pedestrian safety requirements and the competitive intensity caused by globalisation and manufacture in low-cost economies. Governmental pressure in Europe and North America to reduce the CO2 emissions has also prompted automakers and their supply base to develop automotive technology to meet those strict emission limits.
Consequently, more and more vehicles are incorporating components aimed at mass reduction, parts consolidation to reduce assembly costs and more efficient recycling. The automaker's need to improve overall fuel economy in vehicles has led to the trend toward minimising vehicle weight. The use of performance materials such as high strength steel and aluminium is on the rise and heavier traditional materials, such as steel and iron, are being replaced whenever possible.
The report “Automotive Vehicle lightweighting - Global Sector Overview and Forecast (Q1 2022 Update)” provides a comprehensive overview of the Vehicle Lightweighting megatrend, the technologies, materials and suppliers involved, and material content forecasts out to 2035.
Scope
Based on exclusive interviews, primary research and proprietary data this study includes -
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook