- Press Release -

Automotive Front End Module Market to Exceed US$ 120 Bn by 2022, Fact.MR Report

30 Nov -0001

  • The global automotive front end module market is valued near US$ 95 Bn in 2017 and is set to exceed US$ 120 Bn by 2022-end.
  • Fact.MR projects steady growth across the 2017 to 2022 forecast period.
  • Composite modules lead by material, with over US$ 50 Bn sold in 2017, ahead of plastic and metal.
  • Passenger cars are the leading vehicle segment, holding the largest revenue share through 2022.
  • OEM is the dominant sales channel, set to pass US$ 80 Bn by 2022 as aftermarket demand stays limited.
  • Asia Pacific excluding Japan is the most lucrative region; Europe reaches US$ 24.5 Bn by 2022 and North America US$ 16.2 Bn in 2017.
  • Growth in global automobile production is the principal growth driver.
  • The move to composite and hybrid composite materials is the defining design trend.

Rockville, Md. The global market for automotive front end modules, worth close to US$ 95 Bn in 2017, is expected to move past US$ 120 Bn by the end of 2022 on steady growth through the forecast period, according to Fact.MR. Modular front ends have reshaped how passenger cars are designed and assembled, and buyers increasingly treat an attractive front end as a defining feature of a vehicle.

Composite construction leads by material, passenger cars generate the bulk of revenue, and factory fitment through OEM dominates the route to market. Asia Pacific excluding Japan is the most lucrative region. As automobile production climbs, manufacturers keep refining these multipiece assemblies to speed up manufacturing and improve efficiency on the line.

Materials, Vehicles and Channels

Material choice is the clearest signal of where the market is heading. Composite front end modules already outsell those made from plastic or metal, with more than US$ 50 Bn worth shipped in 2017, and the wider use of composite and hybrid composite materials continues to pull demand upward. Passenger cars remain the dominant application and are expected to hold the largest revenue share through 2022, growing steadily as production rises.

By channel, OEM stays firmly in front. A low replacement rate and limited appetite for modified front ends in the aftermarket mean the bulk of volume flows through original equipment, with OEM sales set to exceed US$ 80 Bn by 2022. That structure keeps suppliers closely tied to carmakers' design and production cycles.

Asia Pacific excluding Japan is the most lucrative region and is expected to expand robustly across the assessment period. Europe also sits near the front, with sales reaching US$ 24.5 Bn by 2022, while North America is estimated at US$ 16.2 Bn in 2017 as new composites gain ground in module production.

Production and Design Push Growth

Two threads run through the demand story. Rising global automobile output enlarges the base need for front end modules, and at the same time advanced manufacturing techniques are making integrated modular front ends more attractive to build. Composite materials tie the two together, helping manufacturers cut weight and simplify assembly while meeting the styling expectations that buyers now attach to a car's front end.

Suppliers and Their Playbook

Competition brings together large module integrators and diversified tier-one suppliers.

  • Hyundai Mobis Co. Ltd., MAHLE GmbH, Denso Corporation, Faurecia SA, HBPO GmbH, Magna International Inc., Valeo SA, Montaplast GmbH, Compagnie Plastic Omnium SA, Murata Manufacturing Co. Ltd., and Samvardhana Motherson Automotive Systems Group B.V. are profiled as key companies in the market.

Reading the Market for Decisions

For suppliers, composite capability and close OEM relationships are the main levers for growth. Investors get a large market with production-led demand and a steady expansion path. Procurement teams can plan around OEM channels dominating supply, composites becoming the default material, and Asia Pacific carrying the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global automotive front end module market for the 2017 to 2022 forecast period, with segmentation by material, vehicle type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the production and design forces shaping demand. Further detail is available in the automotive front end module market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Automotive Front-end Module Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.