- Automakers like BMW and Ford are increasingly adopting composite materials for front-end modules (FEMs) to reduce vehicle weight and enhance fuel efficiency, spurred by regulatory emissions targets.
- The surge in electric vehicle production, led by Tesla and BYD, is driving demand for modular and compact front-end systems optimized for battery and thermal management.
- Asia-Pacific holds a significant market share due to its Advancement in Modular Integration.
- Asia-Pacific is expected to register the fastest growth, fuelled by Growing adoption of advanced driver assistance systems (ADAS) by firms like Bosch has led to increased incorporation of radar and LiDAR sensors into FEMs.
- The Metals segment is projected to account for a significant market share of approximately 32.1% in 2025, driven by Vehicle Light weighting Trends.
