Side Guard Door Beams Market Global Forecast To 2023: Market Size, Share, Regulations, Competitive Landscape, Key Players, and Regional Analysis Update 2018

“Side Guard Door Beams Market”
April. 6, 2018 (NEWS) – Latest market research report on the “Side Guard Door Beams Market by Type (Steel Car Side Beam, Aluminum Car Side Beam, and Plastic Car Side Beam), Application (Front Door and Rear Door), and region – Forecast To 2023” by MarketResearchFuture, the Side Guard Door Beams market is projected to grow at CAGR of around 5.10% during the period 2018 to 2023.

Global Side Guard Door Beams Market Highlights:

Market Competitive Landscape:

Side Guard Door Beams Market Companies Analyzed: GNS America (U.S.), H-One Co. ltd (Japan), Benteler automotive (Minchigan), KVA Stainless (North America), Kirchhoff Automotive Gmbh (Germany), Founder Land (China), Gestamp (Madrid Spain), IFB Automotive Pvt Ltd (India), Arvin Sango, Inc. (Japan), AISIN Takaoka Co., Ltd (Japan), and others.

In competitive landscape, the report covers growth strategies adopted by the companies between 2015 and 2017. The key players adopted various strategies to retain and/or expand their market share. The key strategies followed by most companies within the global side guard door beams market were expansions. Aisin Takaoka is one of the major player, holding the top position in the global market. The company has a strong geographical presence in Japan with a market share of 56.2% in Japan and 17.4% in North America. The AISIN Takaoka has strong expansion as its major strategy through operating in different regions. In 2016, the company had established Asin Takaoka Mexico, S.A.DE C.V in Mexico so as to cater that region. In the years, 2008, 2009, 2011, and 2012, they have established various plants such as AT Kyushu Co., Ltd, AT tohoku Co., Ltd, Takaoka Lioho industries Co. Ltd in China, and AT India Auto Parts Pvt ltd in India.

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Gestamp is Europe based company that holds the second-position in the side guard door beams market. Gestamp, with its wide product portfolio, offers complete solution from press and dye manufacturing to manufacture of the products that are to be assembled on the vehicles. Gestamp is currently focusing on geographical expansion so as to expand their geographical footprint. As of December 31, the firm has started production at the second plant in Pune (India). They have commenced the construction of a new plant in Matsusaka (Japan). Additionally, the firm has managed to acquire a small auto components supplier in Pitesti. Gestamp also aims to continue to be the global partner of choice for major OEMs in Body-in-White, Chassis and Mechanisms so as to maintain their growth rate.

Benteler holds the third position in the market with a share of 11.40%. The main strength of the company in automotive segment is the clear understanding about the materials, design, and process for lightweight modules. The company has also invested heavily in automotive division in order to build major projects. The projects with the biggest investment are in the locations of Campinas (Brazil) and Migennes (France), as well as module projects at the Joinville (Brazil) and Shenyang (China) locations.

H-One Co. ltd is another player that contributed in the side guard door beams market. The company is in three business segments that is automotive framework parts, dyes and welding equipment, and motorcycle/general-purpose parts. H-One has been using high strength steel sheets to meet the demand for lighter weight and high collision toughness. The mass production technology and tailored welded blank were adopted in order to meet the demand of the customers related to toughness of the products. The main clients of the company are Honda Motor Co., Ltd., Daihatsu Motor Co., Ltd., Hino Motors Ltd., Mitsubishi Motors Corporation, Toyota Motor Corporation, , and Nissan Motor Co., Ltd.

Market Segmentation:

The global side guard door beams market is segmented based on products, applications, and regions. On the basis of types, the market has been segmented as steel car side beam, aluminum car side beam, and plastic car side beam. The steel car side beam segment has dominated the market during the forecast period because it provides stability to the door frame. The growth in the steel industry have resulted in increased use of steel side beams in vehicles. This increase in the steel beam have resulted in the growth of the market during the forecast period. Based on applications, the market has been segmented as front door and rear door. Front door segment has dominated the market during the forecast period as most of the cars have front doors. In 2016, the front door was valued at USD 2,506.9 million at CAGR of 5.48%, and is expected to be valued at USD 3,433.5 million in 2022 with 5.48% CAGR.

Geographic Analysis:

On the basis of region, the market has been segmented based on North America, Asia Pacific, Europe, and Rest of the World. The Asia Pacific region is expected to dominate the side guard door beams market during the forecast period due to the growth in the steel industry in countries such as China, and India. There has been a rise in the number of component manufacturers, which have resulted in the growing use of side guard door beams. Automakers in China are developing new and trade friendly policies that enable them to produce a larger number of vehicles. This increase in the number of vehicles, will result in the growth of the automotive side guard door beams market during the forecast period.      Asia Pacific accounted for the largest market share of 39.86% in 2016, with a market value of USD 1,794.3 Million; projected to grow at the highest CAGR of 5.61% during the forecast period. North America accounted for the second largest market in side guard door beams market due to increase demand of new vehicles and sales of the passenger cars. The increase in sales of the vehicle will result in the increased use of side guard door beams. This will lead to the growth of the market during the forecast period. 

Scope of the Report:

The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next 6 years for each region. 

Target Audience of Report:

This report mainly focuses on Side Guard Door Beams market Manufacturers, Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Side Guard Door Beams market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Side Guard Door Beams market studied.

Browse 69 market data Tables and 46 Figures spread through 100 Pages and in-depth TOC on “Side Guard Door Beams Market”

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