Global Automotive Pillars Market, Trends & Growth Opportunity, By Pillar Type (Pillar A, Pillar B, Pillar C, Pillar D), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Material (Steel, Aluminum, Carbon Fiber, Others), By Sales Channel (OEM, Aftermarket), By Region and Forecast till 2030.
Report ID : IR1002366 | Industries : Automotive and Transportation | Published On :July 2024 | Page Count : 225
Global Automotive Pillars Market, Trends & Growth Opportunity, By Pillar Type (Pillar A, Pillar B, Pillar C, Pillar D), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Material (Steel, Aluminum, Carbon Fiber, Others), By Sales Channel (OEM, Aftermarket), By Region and Forecast till 2030.
Global Automotive Pillars Market
The Global Automotive Pillars Market was valued at USD 7.15 Bn in 2022 and is expected to expand to USD 10.51 Bn by 2030 at a CAGR of 4.25% during the forecast period of 2023-2030.
Automotive pillars are vertical supports or columns that connect the roof to the body of a vehicle. They are located on the sides of the car, and their primary function is to provide structural support to the vehicle's roof. Automotive pillars are made of different materials such as steel, aluminum, magnesium, and carbon fiber reinforced polymer, depending on the type of vehicle and its application. The number and size of pillars in a vehicle vary depending on the car's design, safety requirements, and regulations. Typically, the front of the vehicle has two pillars - the A-pillar and B-pillar - while the rear has a C-pillar.
The design and size of these pillars affect the driver's visibility, so car manufacturers work to minimize their thickness and incorporate safety features such as airbags and reinforced materials to ensure passenger safety in the event of an accident.
Market Drivers
The global automotive pillars market is primarily driven by the expansion in the automotive industry worldwide, as well as the increasing demand for lightweight vehicles with improved fuel efficiency, as automotive pillars contribute significantly to the overall weight of a vehicle. In addition, the growing demand for advanced safety features in vehicles, such as advanced driver assistance systems (ADAS) and airbags, is also driving the market growth. Automotive pillars are an essential component in ensuring the structural integrity of the vehicle and supporting these safety features.
Market Restraints
One of the major restraints for the global automotive pillars market is the increasing trend towards electric and hybrid vehicles, which often have different design requirements compared to traditional gasoline-powered vehicles. This could lead to a decrease in demand for automotive pillars as electric vehicles may require thinner pillars or different materials to accommodate the battery and electric drivetrain.
Another challenge is the high cost associated with the development and production of lightweight materials, such as carbon fiber composites, which are increasingly being used in automotive pillar construction. This cost could deter manufacturers from adopting these materials and limit the growth of the market.
Market Segmentation
The global automotive pillars market is segmented by pillar types, such as pillar A, pillar B, pillar C, and pillar D. Based on vehicle types, the market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles, and based on materials, it is segmented into steel, aluminum, carbon fiber, and others. Further, the market is segmented By sales channels, such as OEM and aftermarket.
Regional Analysis
The Asia Pacific region is expected to record fast growth in the automotive pillars market due to the presence of emerging economies such as China and India, coupled with the increasing demand for automobiles in the region. These countries have a large population and a growing middle class with increasing disposable income, which has resulted in increased sales of passenger cars. Additionally, the rise in industrialization and urbanization in the region has also contributed to the growth of the automotive industry, as it has increased the demand for commercial vehicles.
Key Players
Aisin Seiki Co Ltd, Toyoda Gosei Co Ltd, Magna International Inc, Gestamp Automoción S.A., Faurecia S.A., Shiloh Industries Inc, Martinrea International Inc, Tower International Inc, Kirchhoff Automotive GmbH, Benteler Automotive Corporation, H-One Co, Ltd, YFPO Automotive Exterior Systems Co Ltd, Gedia Automotive Group, Trinseo S.A., ElringKlinger AG, Norsk Hydro ASA.
Market Taxonomy
By Pillar Type
• Pillar A
• Pillar B
• Pillar C
• Pillar D
By Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
By Material
• Steel
• Aluminum
• Carbon Fiber
• Others
By Sales Channel
• OEM
• Aftermarket
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Automotive Pillars Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Pillars Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Pillars Market, By Pillar Type
5.1 Y-o-Y Growth Comparison, By Pillar Type
5.2 Global Automotive Pillars Market Share Analysis, By Pillar Type
5.3 Global Automotive Pillars Market Size and Forecast, By Pillar Type
5.3.1 Pillar A
5.3.2 Pillar B
5.3.3 Pillar C
5.3.4 Pillar D
6 Global Automotive Pillars Market, By Vehicle Type
6.1 Y-o-Y Growth Comparison, By Vehicle Type
6.2 Global Automotive Pillars Market Share Analysis, By Vehicle Type
6.3 Global Automotive Pillars Market Size and Forecast, By Vehicle Type
6.3.1 Passenger Cars
6.3.2 Light Commercial Vehicles
6.3.3 Heavy Commercial Vehicles
7 Global Automotive Pillars Market, By Material
7.1 Y-o-Y Growth Comparison, By Material
7.2 Global Automotive Pillars Market Share Analysis, By Material
7.3 Global Automotive Pillars Market Size and Forecast, By Material
7.3.1 Steel
7.3.2 Aluminum
7.3.3 Carbon Fiber
7.3.4 Others
8 Global Automotive Pillars Market, By Sales Channel
8.1 Y-o-Y Growth Comparison, By Sales Channel
8.2 Global Automotive Pillars Market Share Analysis, By Sales Channel
8.3 Global Automotive Pillars Market Size and Forecast, By Sales Channel
8.3.1 OEM
8.3.2 Aftermarket
9 Global Automotive Pillars Market, By Region
9.1 Global Automotive Pillars Market Share Analysis, By Region
9.2 Global Automotive Pillars Market Size and Forecast, By Region
10 North America Automotive Pillars Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Automotive Pillars Market Share Analysis, By Pillar Type
10.3 North America Automotive Pillars Market Size and Forecast, By Vehicle Type
10.4 North America Automotive Pillars Market Size and Forecast, By Material
10.5 North America Automotive Pillars Market Size and Forecast, By Sales Channel
10.6 North America Automotive Pillars Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Automotive Pillars Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Automotive Pillars Market Share Analysis, By Pillar Type
11.3 Europe Automotive Pillars Market Size and Forecast, By Vehicle Type
11.4 Europe Automotive Pillars Market Size and Forecast, By Material
11.5 Europe Automotive Pillars Market Size and Forecast, By Sales Channel
11.6 Europe Automotive Pillars Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Automotive Pillars Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Automotive Pillars Market Share Analysis, By Pillar Type
12.3 Asia Pacific Automotive Pillars Market Size and Forecast, By Vehicle Type
12.4 Asia Pacific Automotive Pillars Market Size and Forecast, By Material
12.5 Asia Pacific Automotive Pillars Market Size and Forecast, By Sales Channel
12.6 Asia Pacific Automotive Pillars Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia
13 Latin America Automotive Pillars Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Automotive Pillars Market Share Analysis, By Pillar Type
13.3 Latin America Automotive Pillars Market Size and Forecast, By Vehicle Type
13.4 Latin America Automotive Pillars Market Size and Forecast, By Material
13.5 Latin America Automotive Pillars Market Size and Forecast, By Sales Channel
13.6 Latin America Automotive Pillars Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Automotive Pillars Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Automotive Pillars Market Share Analysis, By Pillar Type
14.3 Middle East Automotive Pillars Market Size and Forecast, By Vehicle Type
14.4 Middle East Automotive Pillars Market Size and Forecast, By Material
14.5 Middle East Automotive Pillars Market Size and Forecast, By Sales Channel
14.6 Middle East Automotive Pillars Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Aisin Seiki Co Ltd
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Toyoda Gosei Co Ltd
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Magna International Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Gestamp Automoción S.A.
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Shiloh Industries Inc
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Martinrea International Inc
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Tower International Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Kirchhoff Automotive GmbH
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Benteler Automotive Corporation
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 H-One Co Ltd
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 YFPO Automotive Exterior Systems Co Ltd
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 Gedia Automotive Group
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
16.13 Trinseo S.A.
16.13.1 Overview
16.13.2 Offerings
16.13.3 Key Financials
16.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
16.13.6 Key Strategies
16.14 ElringKlinger AG
16.14.1 Overview
16.14.2 Offerings
16.14.3 Key Financials
16.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
16.14.6 Key Strategies
16.15 Norsk Hydro ASA
16.15.1 Overview
16.15.2 Offerings
16.15.3 Key Financials
16.15.4 Business Segment & Geographic Overview
16.15.5 Key Market Developments
16.15.6 Key Strategies