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Automotive Plastic Bumper Market: Amid Growing Safety Concern Smart Plastic Bumpers to Gain Traction

2019-03-18 18:25:19 | Business
To achieve maximum safety for occupants and pedestrians, bumper has become paramount; when it comes to styling standpoint and aesthetic purpose, the significance of automotive bumper soars. Currently, automotive industry focuses on optimization of weight and safety. Furthermore, there has been public outcry with respect to plastics having detrimental impact on the Mother Nature. These facets allude to the growing importance of automotive plastic bumper.

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With passenger cars being the principal mode of transport in the developed and developing countries, the accidents caused owing to passenger cars are considerably on the rise. Majority of car crashes have been frontal crash. Measure to enhance passenger vehicle passive safety performance in crash and lower death and injury of occupants, hence, has been an essential topic of research.

The preceding years have witnessed a transition in the structure and design of bumpers. At the initial phase, bumpers were metal pieces which were placed in the front of vehicle with the theory that bumper would get damaged prior to any possible damage is done to the automobile. As such, modern bumpers are generally made up of lightly weighted carbon fiber. However, to provide compatibility with features and configuration of automobile, an array of bumpers of different materials, designs and types are found.

There has been growing investment with respect to research and development to give way to innovation in the automotive plastic bumper. Furthermore, technology automation in the automotive landscape have paved way for smart automotive plastic bumpers. As such, introduction of intelligent automotive plastic bumper which feature embedded intelligence by Plastic Ominum is an apt example of smart automatic plastic bumpers. The introduced plastic bumper encompasses innovative front grille, integrated radar and a sophisticated detection system and impact absorption.

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Automotive Plastic Bumper Market: Overview

This report presents a robust analysis on plastic bumper market with the support of quantitative and qualitative analysis. The report reveals the dynamics of the market, including drivers, opportunities, trends and restraints which have considerable impact in the growth of the market. The report also includes segregation of the market to offer an in-depth analysis of the automotive plastic bumper.

The report encompasses executive summary followed by market overview section. The automotive plastic bumper market overview section deals with value chain analysis, key trend analysis and Porters’ Five Force Analysis. Porters’ Five Force Analysis gives insights on competitive scenario of the market. The report also includes the market attractiveness analysis along with market outlook. The report also includes pricing analysis and market volume projections. Further, the report provides holistic approach on consumer behavior analysis and major distributors’ lists.

The actionable insights in the report is the result of primary sources, including surveys, interactions in person, a reliable and authentic views of seasoned analyst, interviews and perusal of experts. In addition, the report is propelled by secondary sources incorporating trade journals, resourceful database and authentic and verified paid sources. The report is also backed up by absolute dollar opportunity analysis which has considerable influence in shaping the growth of the automotive plastic bumper market.

Automotive Plastic Bumper Market: Competitive Landscape

The report peruses on competitive landscape of the automotive plastic bumper market. The report sheds light on company overview, financial overview, strategies, recent development and product portfolio.

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