Automotive Door Panel Market SWOT Analysis by 2031
The automotive door panel market is expected to register a CAGR of 4.8% during 2023–2031. The integration of advanced material based in automotive door panels is likely to remain a key trend in the market.
Automotive Door Panel Market Analysis
- The major driving factors that are driving the Automotive Door Panel market are increasing automotive production and growing demand for electric vehicles with government support and initiatives. According to the International Organization of Motor Vehicle Manufacturers, the global automotive industry produced more than 93.5 million units in 2023 increased by 8.6% compared to 2022. The automotive industry plays a crucial role in the world’s economy, and the automotive manufacturing industry generated around US$ 2.52 trillion in 2022 and is growing at a rapid pace during the forecast period.
Automotive Door Panel Market Overview
- The automotive door panels are an important component of a vehicle’s interior, providing both functional and aesthetic benefits. The production and sales of automobiles have been increasing, which has resulted in the growth of the automotive door panel market. As per the World Health Organization (WHO) Report in 2022, approximately 1.3 million people dies owing to road traffic crashes per year globally. The increasing awareness of safety features in automobiles with surge in demand for the safety standards door panels is the major driving factor for the market growth.
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Automotive Door Panel Market: Strategic Insights
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Automotive Door Panel Market: Strategic Insights
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Speak to AnalystAutomotive Door Panel Market Drivers and Opportunities
Increase in vehicle production and rising demand for aftermarket service.
- With rising urbanization and increasing disposable income, the automotive industry is growing. As per the European Automobile Manufacturers Association (ACEA) report, there has been an increase of almost 8.6% in the global production of automobiles in 2023. The demand for Automotive door panel is increasing, with an increase in the production of automobiles. The demand for Automotive Door Panels is also rising in the aftermarket owing to increasing automotive demand for automotive component maintenance and replacement at a rapid pace.
Rising Development of the Innovative Advanced Design based Automotive Panels is Expected to Create Ample Opprtunity for the Market growth
- Automotive door panels experienced significant advancements in designs to meet the demands of modern automotive applications. Use of innovative materials to manufacture the panels which will withstand extreme temperature and high-pressure conditions. Integrated with smart technologies such as sensors to monitor door locking, which will help reduce maintenance, prevent costly breakdowns.
- Automotive door panels manufacturers are launching innovative door panel concept in order to meet growing automotive industry demand. For instance, in April, 2024 Continental AG launched functional surface solutions in a compact model vehicles. The company launched automotive door panel concept with its diversified surface expertise visible. The company launched breathable door panel surfaces for comfort suitable in hot days or morphing controls.
Automotive Door Panel Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive door panel market analysis are component and application.
- Based on vehicle type, the market is divided into passenger vehicles, and commercial vehicles
- Based on mode of operation, the market is divided into front-hinged doors, rear-hinged doors, scissor door, gullwing doors, and others.
Automotive Door Panel Market Share Analysis by Geography
- Automotive Door Panel market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Automotive Door Panel market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the Automotive Door Panel market in these regions.
Automotive Door Panel Market Report Scope
Automotive Door Panel Market News and Recent Developments
The Automotive Door Panel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Automotive Door Panel market are listed below:
- Continental has combined its functional surface solutions in a compact model. In the so-called Door Panel Concept, the technology company makes its diverse surface expertise visible and tangible in the form of a door panel consisting of five different functional surfaces. The Door Pancel Concept has not only been well received by customers, it was also recently honored with the CMF Design Award 2023 in Shenzhen, China. The prestigious award is presented by a jury of international experts for outstanding achievements in color, material and finish. (Source: Continental AG, Company Website, April 2024)
- Antolin unveils NEXUS, its disruptive door panel concept. Antolin continues boosting innovative ideas through the creation of NEXUS, a revolutionary proposition for inner door panels. Antolin aim is to lead mobility from inside the vehicle by offering avant-garde and intelligent solutions to OEMs. This door panel concept has born in the USA with a global approach: to cover the consumers demands while meeting the requirements of any client around the world. (Source: Antolin, Company Website, February 2024)
Automotive Door Panel Market Report Coverage and Deliverables
The “Automotive Door Panel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive Door Panel market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive Door Panel market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Automotive Door Panel market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Door Panel market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global automotive door panel market is expected to grow at a CAGR of 4.8% during the forecast period 2023 - 2031.
An increase in vehicle production and rising demand for electric vehicles are the major factors driving the automotive door panel market.
The integration of advanced innovative design technologies based door panels in automotive industry is the key future trend in the global automotive door panel market in the coming years.
The leading players operating in the automotive door panel market include Grupo Antolin, Hayashi telempu corporation, IAC Group, T.S. Tech, Kasai Kogyo, Reydel Automotive France SAS, Toyota Boshoku Corporation, Brose, Draexlmaier Group, Yanfeng, Aisin Seiki Co. Ltd., Automotive Systems LLC, Faurecia SA, Magna International Inc., Continental AG, and Johnson Electric.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Door Panel Market - By Type
1.3.2 Automotive Door Panel Market - By Material
1.3.3 Automotive Door Panel Market - By Vehicle type
1.3.4 Automotive Door Panel Market - By Distribution Channel
1.3.5 Automotive Door Panel Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE DOOR PANEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE DOOR PANEL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMOTIVE DOOR PANEL MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE DOOR PANEL - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE DOOR PANEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE DOOR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FRONT HINGED DOORS
7.3.1. Overview
7.3.2. Front hinged doors Market Forecast and Analysis
7.4. REAR HINGED DOORS
7.4.1. Overview
7.4.2. Rear hinged doors Market Forecast and Analysis
7.5. SCISSOR DOORS
7.5.1. Overview
7.5.2. Scissor doors Market Forecast and Analysis
7.6. GULLWING DOORS
7.6.1. Overview
7.6.2. Gullwing doors Market Forecast and Analysis
7.7. SLIDING DOORS
7.7.1. Overview
7.7.2. Sliding doors Market Forecast and Analysis
8. AUTOMOTIVE DOOR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. STEEL
8.3.1. Overview
8.3.2. Steel Market Forecast and Analysis
8.4. ALUMINUM
8.4.1. Overview
8.4.2. Aluminum Market Forecast and Analysis
8.5. PLASTIC COMPOSITES
8.5.1. Overview
8.5.2. Plastic Composites Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. AUTOMOTIVE DOOR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1. OVERVIEW
9.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3. PASSENGER VEHICLE
9.3.1. Overview
9.3.2. Passenger Vehicle Market Forecast and Analysis
9.4. COMMERCIAL VEHICLES
9.4.1. Overview
9.4.2. Commercial Vehicles Market Forecast and Analysis
10. AUTOMOTIVE DOOR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. OEM
10.3.1. Overview
10.3.2. OEM Market Forecast and Analysis
10.4. AFTERAMRKET
10.4.1. Overview
10.4.2. Afteramrket Market Forecast and Analysis
11. AUTOMOTIVE DOOR PANEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Automotive Door Panel Market Overview
11.1.2 North America Automotive Door Panel Market Forecasts and Analysis
11.1.3 North America Automotive Door Panel Market Forecasts and Analysis - By Type
11.1.4 North America Automotive Door Panel Market Forecasts and Analysis - By Material
11.1.5 North America Automotive Door Panel Market Forecasts and Analysis - By Vehicle type
11.1.6 North America Automotive Door Panel Market Forecasts and Analysis - By Distribution Channel
11.1.7 North America Automotive Door Panel Market Forecasts and Analysis - By Countries
11.1.7.1 United States Automotive Door Panel Market
11.1.7.1.1 United States Automotive Door Panel Market by Type
11.1.7.1.2 United States Automotive Door Panel Market by Material
11.1.7.1.3 United States Automotive Door Panel Market by Vehicle type
11.1.7.1.4 United States Automotive Door Panel Market by Distribution Channel
11.1.7.2 Canada Automotive Door Panel Market
11.1.7.2.1 Canada Automotive Door Panel Market by Type
11.1.7.2.2 Canada Automotive Door Panel Market by Material
11.1.7.2.3 Canada Automotive Door Panel Market by Vehicle type
11.1.7.2.4 Canada Automotive Door Panel Market by Distribution Channel
11.1.7.3 Mexico Automotive Door Panel Market
11.1.7.3.1 Mexico Automotive Door Panel Market by Type
11.1.7.3.2 Mexico Automotive Door Panel Market by Material
11.1.7.3.3 Mexico Automotive Door Panel Market by Vehicle type
11.1.7.3.4 Mexico Automotive Door Panel Market by Distribution Channel
11.2. EUROPE
11.2.1 Europe Automotive Door Panel Market Overview
11.2.2 Europe Automotive Door Panel Market Forecasts and Analysis
11.2.3 Europe Automotive Door Panel Market Forecasts and Analysis - By Type
11.2.4 Europe Automotive Door Panel Market Forecasts and Analysis - By Material
11.2.5 Europe Automotive Door Panel Market Forecasts and Analysis - By Vehicle type
11.2.6 Europe Automotive Door Panel Market Forecasts and Analysis - By Distribution Channel
11.2.7 Europe Automotive Door Panel Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Automotive Door Panel Market
11.2.7.1.1 Germany Automotive Door Panel Market by Type
11.2.7.1.2 Germany Automotive Door Panel Market by Material
11.2.7.1.3 Germany Automotive Door Panel Market by Vehicle type
11.2.7.1.4 Germany Automotive Door Panel Market by Distribution Channel
11.2.7.2 France Automotive Door Panel Market
11.2.7.2.1 France Automotive Door Panel Market by Type
11.2.7.2.2 France Automotive Door Panel Market by Material
11.2.7.2.3 France Automotive Door Panel Market by Vehicle type
11.2.7.2.4 France Automotive Door Panel Market by Distribution Channel
11.2.7.3 Spain Automotive Door Panel Market
11.2.7.3.1 Spain Automotive Door Panel Market by Type
11.2.7.3.2 Spain Automotive Door Panel Market by Material
11.2.7.3.3 Spain Automotive Door Panel Market by Vehicle type
11.2.7.3.4 Spain Automotive Door Panel Market by Distribution Channel
11.2.7.4 United Kingdom Automotive Door Panel Market
11.2.7.4.1 United Kingdom Automotive Door Panel Market by Type
11.2.7.4.2 United Kingdom Automotive Door Panel Market by Material
11.2.7.4.3 United Kingdom Automotive Door Panel Market by Vehicle type
11.2.7.4.4 United Kingdom Automotive Door Panel Market by Distribution Channel
11.2.7.5 Russia Automotive Door Panel Market
11.2.7.5.1 Russia Automotive Door Panel Market by Type
11.2.7.5.2 Russia Automotive Door Panel Market by Material
11.2.7.5.3 Russia Automotive Door Panel Market by Vehicle type
11.2.7.5.4 Russia Automotive Door Panel Market by Distribution Channel
11.2.7.6 Rest of Europe Automotive Door Panel Market
11.2.7.6.1 Rest of Europe Automotive Door Panel Market by Type
11.2.7.6.2 Rest of Europe Automotive Door Panel Market by Material
11.2.7.6.3 Rest of Europe Automotive Door Panel Market by Vehicle type
11.2.7.6.4 Rest of Europe Automotive Door Panel Market by Distribution Channel
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Automotive Door Panel Market Overview
11.3.2 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis
11.3.3 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis - By Material
11.3.5 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis - By Vehicle type
11.3.6 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis - By Distribution Channel
11.3.7 Asia-Pacific Automotive Door Panel Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Automotive Door Panel Market
11.3.7.1.1 Australia Automotive Door Panel Market by Type
11.3.7.1.2 Australia Automotive Door Panel Market by Material
11.3.7.1.3 Australia Automotive Door Panel Market by Vehicle type
11.3.7.1.4 Australia Automotive Door Panel Market by Distribution Channel
11.3.7.2 China Automotive Door Panel Market
11.3.7.2.1 China Automotive Door Panel Market by Type
11.3.7.2.2 China Automotive Door Panel Market by Material
11.3.7.2.3 China Automotive Door Panel Market by Vehicle type
11.3.7.2.4 China Automotive Door Panel Market by Distribution Channel
11.3.7.3 India Automotive Door Panel Market
11.3.7.3.1 India Automotive Door Panel Market by Type
11.3.7.3.2 India Automotive Door Panel Market by Material
11.3.7.3.3 India Automotive Door Panel Market by Vehicle type
11.3.7.3.4 India Automotive Door Panel Market by Distribution Channel
11.3.7.4 Japan Automotive Door Panel Market
11.3.7.4.1 Japan Automotive Door Panel Market by Type
11.3.7.4.2 Japan Automotive Door Panel Market by Material
11.3.7.4.3 Japan Automotive Door Panel Market by Vehicle type
11.3.7.4.4 Japan Automotive Door Panel Market by Distribution Channel
11.3.7.5 South Korea Automotive Door Panel Market
11.3.7.5.1 South Korea Automotive Door Panel Market by Type
11.3.7.5.2 South Korea Automotive Door Panel Market by Material
11.3.7.5.3 South Korea Automotive Door Panel Market by Vehicle type
11.3.7.5.4 South Korea Automotive Door Panel Market by Distribution Channel
11.3.7.6 Rest of Asia-Pacific Automotive Door Panel Market
11.3.7.6.1 Rest of Asia-Pacific Automotive Door Panel Market by Type
11.3.7.6.2 Rest of Asia-Pacific Automotive Door Panel Market by Material
11.3.7.6.3 Rest of Asia-Pacific Automotive Door Panel Market by Vehicle type
11.3.7.6.4 Rest of Asia-Pacific Automotive Door Panel Market by Distribution Channel
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Automotive Door Panel Market Overview
11.4.2 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis
11.4.3 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis - By Material
11.4.5 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis - By Vehicle type
11.4.6 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis - By Distribution Channel
11.4.7 Middle East and Africa Automotive Door Panel Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Automotive Door Panel Market
11.4.7.1.1 South Africa Automotive Door Panel Market by Type
11.4.7.1.2 South Africa Automotive Door Panel Market by Material
11.4.7.1.3 South Africa Automotive Door Panel Market by Vehicle type
11.4.7.1.4 South Africa Automotive Door Panel Market by Distribution Channel
11.4.7.2 Saudi Arabia Automotive Door Panel Market
11.4.7.2.1 Saudi Arabia Automotive Door Panel Market by Type
11.4.7.2.2 Saudi Arabia Automotive Door Panel Market by Material
11.4.7.2.3 Saudi Arabia Automotive Door Panel Market by Vehicle type
11.4.7.2.4 Saudi Arabia Automotive Door Panel Market by Distribution Channel
11.4.7.3 U.A.E Automotive Door Panel Market
11.4.7.3.1 U.A.E Automotive Door Panel Market by Type
11.4.7.3.2 U.A.E Automotive Door Panel Market by Material
11.4.7.3.3 U.A.E Automotive Door Panel Market by Vehicle type
11.4.7.3.4 U.A.E Automotive Door Panel Market by Distribution Channel
11.4.7.4 Rest of Middle East and Africa Automotive Door Panel Market
11.4.7.4.1 Rest of Middle East and Africa Automotive Door Panel Market by Type
11.4.7.4.2 Rest of Middle East and Africa Automotive Door Panel Market by Material
11.4.7.4.3 Rest of Middle East and Africa Automotive Door Panel Market by Vehicle type
11.4.7.4.4 Rest of Middle East and Africa Automotive Door Panel Market by Distribution Channel
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Automotive Door Panel Market Overview
11.5.2 South and Central America Automotive Door Panel Market Forecasts and Analysis
11.5.3 South and Central America Automotive Door Panel Market Forecasts and Analysis - By Type
11.5.4 South and Central America Automotive Door Panel Market Forecasts and Analysis - By Material
11.5.5 South and Central America Automotive Door Panel Market Forecasts and Analysis - By Vehicle type
11.5.6 South and Central America Automotive Door Panel Market Forecasts and Analysis - By Distribution Channel
11.5.7 South and Central America Automotive Door Panel Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Automotive Door Panel Market
11.5.7.1.1 Brazil Automotive Door Panel Market by Type
11.5.7.1.2 Brazil Automotive Door Panel Market by Material
11.5.7.1.3 Brazil Automotive Door Panel Market by Vehicle type
11.5.7.1.4 Brazil Automotive Door Panel Market by Distribution Channel
11.5.7.2 Argentina Automotive Door Panel Market
11.5.7.2.1 Argentina Automotive Door Panel Market by Type
11.5.7.2.2 Argentina Automotive Door Panel Market by Material
11.5.7.2.3 Argentina Automotive Door Panel Market by Vehicle type
11.5.7.2.4 Argentina Automotive Door Panel Market by Distribution Channel
11.5.7.3 Rest of South and Central America Automotive Door Panel Market
11.5.7.3.1 Rest of South and Central America Automotive Door Panel Market by Type
11.5.7.3.2 Rest of South and Central America Automotive Door Panel Market by Material
11.5.7.3.3 Rest of South and Central America Automotive Door Panel Market by Vehicle type
11.5.7.3.4 Rest of South and Central America Automotive Door Panel Market by Distribution Channel
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AUTOMOTIVE DOOR PANEL MARKET, KEY COMPANY PROFILES
13.1. AISIN SEIKI CO., LTD.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BROSE FAHRZEUGTEILE GMBH AND CO. KG, COBURG
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DRÄXLMAIER GROUP
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DURA AUTOMOTIVE SYSTEMS
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. FAURECIA SA
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. GRUPO ANTOLIN
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. HAYASHI TELEMPU CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. IAC GROUP
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. KASAI KOGYO CO., LTD
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. YANFENG AUTOMOTIVE INTERIORS
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. AISIN SEIKI Co., Ltd.
2. Brose Fahrzeugteile GmbH and Co. KG, Coburg
3. DRaXLMAIER Group
4. DURA AUTOMOTIVE SYSTEMS
5. Faurecia SA
6. Grupo Antolin
7. HAYASHI TELEMPU CORPORATION
8. IAC Group
9. Kasai Kogyo Co., Ltd
10. Yanfeng Automotive Interiors
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.