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Automotive Front End Module Market

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a year ago

Global Automotive Front End Module Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2021-2028

A recent market research report constructed by Insure Insights market research offers comprehensive analysis in terms of global industry trends, revenue, market share, segmentation, and geographical analysis for the global Automotive Front End Module market. The report encompasses historic market data and also enlightens the progress of the Automotive Front End Module market for the forecast pe...

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Automotive Front End Module Market

The automotive front-end module market is segmented into passenger cars, SUVs, pickups, and commercial vehicles. The passenger car segment is the largest and is projected to grow at the highest rate during the forecast period. Every car has four main filters: the cabin filter, oil filter, fuel filter, and air filter. The function of all these filters is to enable flows and catch impurities: the dust and contaminants in the air, the impurities in the fuel, or the dirt in the motor oil.


The key drivers for the growth of the automotive front-end module market include increasing demand from OEMs for innovative and advanced electronic systems in automobiles, the increasing adoption of autonomous driving by OEMs, and the growing use of safety features in automobiles.

 

The automotive front-end module (AFEM) market is estimated to grow from $XX billion in 2019 to $XX billion by 2031 at a CAGR of **%. The market is segmented on the basis of product, region, and application.


Instrument clusters are expected to be the fastest-growing segment during the forecast period owing to increasing demand from Tier 2 and Tier 3 automobile manufacturers for added functionality such as infotainment systems and navigation features. Displays are expected to witness high growth rates due to increased demand from luxury carmakers for adding advanced graphical user interface (GUI) features through embedded electronic displays.


Some of the key players in the automotive front-end module market are Donaldson Company, Inc., Mahle GmbH, and Robert Bosch GmbH,Denso Corporation, Valeo SA, UFI Filters spa, Freudenberg Filtration Technologies SE & Co. KG, K&N Engineering, Inc., ALCO Filters Ltd., Hengst SE & Co. KG, Mann+Hummel GmbH.
 

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