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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Automotive Active Bonnet Market Outlook
The global automotive active bonnet market is expected to grow at a CAGR of nearly 11% in the forecast period of 2024-2032, owing to the introduction of automotive safety ratings.
| Global Automotive Active Bonnet Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 11.0% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 12.1% |
| CAGR 2024-2032 - Market by Country | Germany | 12.5% |
| CAGR 2024-2032 - Market by Country | China | 11.6% |
| CAGR 2024-2032 - Market by Application | SUV and Crossover | 12.3% |
| Market Share by Country 2023 | Germany | 7.1% |
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Automotive Active Bonnet Market Regional Insights
Europe is the leading region for the automotive active bonnet market, major being driven by the rising adoption of ADAS in various automobiles. The market growth can be attributed to several factors such as the high proportion of pedestrian fatalities in road accidents, increasing sale of vehicles, growing adoption active bonnets by luxury cars as a standard feature, and the presence of established brands in the region. Further, the high production of passenger vehicles in this region, along with the rapid expansion of the automotive industry in countries, like Germany and the United Kingdom, are expected to propel the market growth. OEMs in this region are also planning to enhance their production volume through the use of innovative technology.
Global Automotive Active Bonnet Industry Segmentation
The automobile active bonnet refers to a passive pedestrian safety system that helps reduce the impact of a collision on the pedestrian. This raises the bonnet and minimizes the gap between the cap and the engine block, allowing more deformation, which reduces the likelihood of fatal injuries to the pedestrian. The automotive active bonnet can be combined with a variety of other technologies, such as energy-storing body panels and airbag hoods, which could further improve vehicle safety and performance.
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The automotive active bonnet market can be broadly categorised based on its application sectors into:
- Sedan
- SUV And Crossover
- Hatchback
| CAGR 2024-2032 - Market by | Application |
| SUV and Crossover | 12.3% |
| Sedan | XX% |
| Hatchback | XX% |
The regional markets for the automotive active bonnet market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
| CAGR 2024-2032 - Market by | Region |
| Asia Pacific | 12.1% |
| Europe | 11.6% |
| North America | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2024-2032 - Market by | Country |
| Germany | 12.5% |
| China | 11.6% |
| USA | 11.4% |
| UK | 11.2% |
| France | 10.6% |
| Canada | XX% |
| Italy | XX% |
| Japan | XX% |
| India | XX% |
| Australia | 9.2% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
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Improved Safety Standards Aiding the Automotive Active Bonnet Market Growth
The introduction of automotive safety ratings is a crucial driver of the development of the global automotive active bonnet market. The increasing number of vehicles with a high number of safety systems has prompted car safety programs, such as NCAP, to improve their performance requirements. This obliges vehicle manufacturers to introduce an active cap that will drive the growth of the global market in the coming years. Many automakers are investing a large part of their revenue in their research and development to provide their customers with more comfortable and safer vehicles. Significant growth in the automotive industry is fuelling the market's growth along with the rise in demand for comfort and luxury measures in vehicles. Growing sales of vehicles across the world are also anticipated to accelerate the market growth. In addition, the adoption of new technology in the automotive industry, such as anti-theft systems and active bonnet systems for the advancement of vehicles, are the major factors propelling the global automotive active bonnet market during the forecast period.
| 2023 Market Share by | Country |
| Germany | 7.1% |
| USA | XX% |
| Canada | XX% |
| UK | XX% |
Key Players in the Global Automotive Active Bonnet Market
The report gives a detailed analysis of the following key players in the global automotive active bonnet market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Daimler AG
- Jaguar Land Rover Ltd.
- Volkswagen AG
- Volvo Car
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Automotive Active Bonnet Market Report Snapshots
Automotive Active Bonnet Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global automotive active bonnet market is projected to grow at a CAGR of nearly 11% in the forecast period of 2024-2032.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising adoption of ADAS in various automobiles.
The introduction of automotive safety ratings is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with Europe accounting for the largest market share.
The major application sectors of the product include sedan, SUV and crossover, and hatchback.
The leading players in the market are Daimler AG, Jaguar Land Rover Ltd., Volkswagen AG, and Volvo Car, among others.
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