Replacing cast iron and traditional steel components with lightweight materials such as high-strength steel, magnesium (Mg) alloys, aluminum (Al) alloys, carbon fiber, and polymer composites can directly reduce the weight of a vehicle's body and chassis by up to 50 percent.ᅠThis is essential to improve the fuel economy of modern vehicles while maintaining safety and performance, effectively improving vehicle efficiency. Replacing cast iron and traditional steel components with lightweight materials such as high-strength steel, magnesium (Mg) alloys, aluminum (Al) alloys, carbon fiber, and polymer composites can directly reduce the weight of a vehicle's body and chassis by up to 50 percent.ᅠThis is essential to improve the fuel economy of modern vehicles while maintaining safety and performance, effectively improving vehicle efficiency. Market Analysis and Insights: Global Automobile Lightweight Components Market The global Automobile Lightweight Components market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027. Global Automobile Lightweight Components Scope and Market Size The global Automobile Lightweight Components market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automobile Lightweight Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027. Segment by Type High Strength Steel Aluminum Magnesium Composite Materials Plastic Segment by Application Passenger Cars Commercial Vehicles The Automobile Lightweight Components market is analysed and market size information is provided by regions (countries). Segment by Application, the Automobile Lightweight Components market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions. By Company Plastic Omnium Toyoda Gosei Nemak BHAP Alcan Nippon Light Metal Suntown Group YFPO Dura Automotive Roechling Continental Structural Plastics Constellium
1 Automobile Lightweight Components Market Overview 1.1 Automobile Lightweight Components Product Scope 1.2 Automobile Lightweight Components Segment by Type 1.2.1 Global Automobile Lightweight Components Sales by Type (2016 & 2021 & 2027) 1.2.2 High Strength Steel 1.2.3 Aluminum 1.2.4 Magnesium 1.2.5 Composite Materials 1.2.6 Plastic 1.3