Global Smart Bumper Market Growth 2023-2029

Global Smart Bumper Market Growth 2023-2029

A smart or intelligent bumper is a structure designed to absorb the impact of a road accident and offer protection to various pedestrian safety and driver assistance systems. Smart bumper has an integrated radar, front grill with de-icing system, lighting system based on flexible optical fibers, along with impact detection and absorption system.

LPI (LP Information)' newest research report, the “Smart Bumper Industry Forecast” looks at past sales and reviews total world Smart Bumper sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Bumper sales for 2023 through 2029. With Smart Bumper sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Bumper industry.

This Insight Report provides a comprehensive analysis of the global Smart Bumper landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Bumper portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Bumper market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Bumper and breaks down the forecast by materials, by sale channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Bumper.

The global Smart Bumper market size is projected to grow from US$ 1206.3 million in 2022 to US$ 1368.2 million in 2029; it is expected to grow at a CAGR of 1368.2 from 2023 to 2029.

Original equipment manufacturers (OEMs) were the major end-users to this market during 2017. According to this automotive bumper market research report, the maximum demand for smart bumpers will arise from this segment during the forecast period as well.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Bumper market by product materials, sale channel, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by materials
Plastic
Metal
Other

Segmentation by sale channel
OEMs
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch
Continental
DENSO
Autoliv
Plastic Omnium

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Bumper market?

What factors are driving Smart Bumper market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Bumper market opportunities vary by end market size?

How does Smart Bumper break out materials, sale channel?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.