A novel report on Global Automotive Aluminum Market has been published by Reports and Data to offer comprehensive market analysis along with current and emerging trends. The report is well-formulated through extensive research on crucial aspects of the industry and also provides an in-depth assessment of top companies operating in the market. The report also offers details about market trends, market revenue growth, market share, market dynamics, market size, drivers, restraints, growth opportunities among others. The data in the report is obtained through extensive primary and secondary research and is well-organized in pictorial presentations such as tables, charts, figures and diagrams. The global Automotive Aluminum Market is projected to grow at a CAGR of 14.1% from USD 49.27 billion in 2019 to USD 142.15 billion in 2027.
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Market Dynamics:
The global Automotive Aluminum market is expected to register significant revenue CAGR over the forecast period. The information and communication technology sector comprises various sectors including hardware, software, telecommunications and other services which are widely used in several sectors including agriculture, healthcare, commercial, industrial, pharmaceutical, and BFSI. The global market revenue growth is significantly driven by factors such as rapidly growing industrial and commercial sectors, increasing adoption of digitalization and rapid advancements in ICT sector. Other factors such as high adoption of latest smart devices such as smart phones, mobiles, laptops, computers, increasing investments in the ICT sector, rising demand for high speed internet and high risks of data leakage and data security are expected to fuel global market growth during the forecast period. In addition, rising need for managing large data, and increasing adoption of cloud services and advanced technologies such as IoT and AI are other factors expected to boost market growth going ahead.
Report Scope:
The report offers comprehensive assessment of competitive landscape with a special focus on the key strategic initiatives such as mergers and acquisitions, collaborations, partnerships, and agreements undertaken by the key companies. It also sheds light on the recent product launches and brand promotions to predict revenue contribution and revenue growth over the forecast period Hindalco Industries Ltd., Novelis Inc., Constellium SE, Norsk Hydro ASA, Alcoa Corporation, United Company RUSAL, Autoneum Holding AG, Aluminum Corporation of China Limited, UACJ Corporation, and Federal-Mogul Holding Corporation.
The report further segments the Automotive Aluminum market on the basis of product types, application spectrum, and regional bifurcation.
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Applications Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Body Structure Closure
- Power Train
- Heat Transfer Electrification
- Brake Steering
- Others
Product Form Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Cast Aluminum
- Sheet Aluminum
- Forged Aluminum
- Extruded Aluminum
Vehicle Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Passenger
- Commercial
Vehicle Propulsion Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- ICV
- EV
- HEV
Vehicle Size Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Compact
- Large
- Sub-Compact
- Medium
- Basic
Automotive Aluminum Market Segmentation based on Region:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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