Light Vehicle Front End Modules is consists of building the automotive front end off line, and installing the entire module as one complete assembly on the vehicle rather than building up the front end vehicle component by component. The Front End Module is the aggregate of components located in its front part which carry out many functions (esthetical, structural, aerodynamically, engine cooling, and safety) and which are preassembled as subassembly ready to be installed into the vehicle. The Front End Module included many components, such as Radiator, Condenser, Core Support, Headlight, Front Grill, Bumpers, Fenders, Crash Management System, and Others.
The trend of Front End Module (FEM) modularization is gaining traction, as modularization helps OEMs save on cost, time, and manpower during the manufacturing process. Previously, each and every component of the FEM was assembled by OEMs on the assembly line; this was time-consuming and extended the production process of the vehicle. However, the advent of modularization has enabled OEMs to save on these costs and opt for outsourcing these functions. OEMs save around 20 to 30% of costs through modularization, in comparison with the traditional front-end methods.
The Light Vehicle Front End Modules industry is highly concentrated, the top three manufactures accounting for more than 30% in Europe, and have a rapid growth to North America, Asia and other regions.
According to this study, over the next five years the Light Vehicle Front End Modules market will register a 8.7% CAGR in terms of revenue, the global market size w ...
Table of Contents
2019-2024 Global Light Vehicle Front End Modules Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Light Vehicle Front End Modules Consumption 2014-2024
2.1.2 Light Vehicle Front End Modules Consumption CAGR by Region
2.2 Light Vehicle Front End Modules Segment by Type
2.2.1 Metal/Plastic Hybrids
2.3 Light Vehicle Front End Modules Consumption by Type
2.3.1 Global Light Vehicle Front End Modules Consumption Market Share by Type (2014-2019)
2.3.2 Global Light Vehicle Front End Modules Revenue and Market Share by Type (2014-2019)
2.3.3 Global Light Vehicle Front End Modules Sale Price by Type (20 ...