How big is the car body-in-white market today, and what are its future growth expectations?
The car body-in-white market size has grown steadily in recent years. It will grow from $77.42 billion in 2024 to $80.33 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to automotive industry growth, stringent safety and emission standards, lightweighting for fuel efficiency, consumer demand for advanced safety features, globalization of automotive manufacturing.
The car body-in-white market size is expected to see steady growth in the next few years. It will grow to $90.03 billion in 2029 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to electric vehicle (ev) revolution, autonomous vehicle development, sustainable manufacturing practices, global regulatory push for vehicle safety, customization and personalization trends. Major trends in the forecast period include increased adoption of advanced high-strength materials, growing integration of mixed material solutions, focus on multi-material joining technologies, advancements in lightweighting strategies, integration of smart manufacturing technologies.
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What have been the primary factors driving the car body-in-white market’s growth?
Increasing vehicle production is expected to propel the growth of the car body-in-white market going forward. A vehicle production is a mass-produced identical model offered for sale to the public and can be legally driven on public roads. The car body in white is a complex and essential part of vehicle production that plays a crucial role in ensuring the vehicle’s safety, durability, and overall performance. For instance, in March 2024, according to U.K-based the Society of Motor Manufacturers and Traders (SMMT) announced that the number of UK vehicle production for February increased by 21.8% over the previous year to 92,834 units. Passenger car production was up 14.6% to 79,907 units and commercial vehicle production was up 98.4% to 12,927 units. Therefore, increasing vehicle production is driving the growth of the car body-in-white market.
What are the key segments within the car body-in-white market?
The car body-in-white market covered in this report is segmented –
1) By Category: Body Structure, Body Components, Chassis
2) By Car Type: Compact, Mid-size, Luxury, Sport Utility Vehicle (SUV)
3) By Construction: Monocoque, Frame Mounted Oil
4) By Material: Steel, Aluminum, Magnesium, Carbon-Fiber-Reinforced Polymers (CFRP)
Subsegments:
1) By Body Structure: Roof Structure, Side Frame, Front And Rear Structure, Floor Structure
2) By Body Components: Doors, Fenders, Bumpers, Hood, Trunk Lid
3) By Chassis: Frame, Subframe, Cross Members, Suspension System
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Which key players are shaping the car body-in-white market?
Major companies operating in the car body-in-white market report are Volkswagen Group, Toyota Motor Corporation, Stellantis NV, Ford Motor Company, General Motors Company, Bayerische Motoren Werke (BMW) AG, Honda Motor Co. Ltd., Hyundai Motor Company, ArcelorMittal S.A, Nissan Motor Co. Ltd., Volvo Group, Thyssenkrupp AG, Magna International Inc., Aisin Seiki Co. Limited, Tata Steel Limited, ABB Corporation, Mahindra & Mahindra Limited, Henkel Adhesive Technologies, Sika Automotive AG, Gestamp Automocion SA, Benteler International AG, CIE Automotive, Martinrea International, Kirchhoff Automotive GmbH, Multimatic Inc., GEDIA Automotive Group, EDAG Engineering GmbH, Autokiniton Global Group LP, JBM Auto Limited, TECOSIM Group
How will emerging trends drive the car body-in-white market throughout the forecast period?
Major companies operating in the car body-in-white market are increasing their focus on introducing innovative solutions to gain a competitive edge in the market. Innovative body welding solution is an advanced approach to welding in the automotive industry that uses cutting-edge technologies and techniques to improve the efficiency, precision, and flexibility of the welding process. For instance, in April 2023, Comau, an Italy-based advanced industrial automation products and systems company, as granted flexibility to Hycan electric vehicles with its innovative Body Welding solution. This solution allows for the efficient and precise welding of the Body in White (BIW) of electric vehicles, which is the basic skeletal frame and body of an automobile, devoid of running gear and often painted white to inhibit rust. The BIW is the starting point for the assembly of a vehicle, and it is often used by car racers to build and customize vehicles for racing purposes. This solution is part of Comau’s portfolio of advanced process solutions for battery cells, e-drives, and drivetrains.
How do regional factors impact the car body-in-white market, and which region is the largest contributor?
Europewas the largest region in the car body-in-white market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the car body-in-white market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Car Body-In-White Market Report 2025 Offer?
The car body-in-white market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Car body in white refers to the stage in automotive manufacturing where the basic metal structure of the car is assembled, but before painting and before the integration of the motor, chassis subassemblies, or trim into the structure. It provides the structural integrity and rigidity necessary to support the weight of the vehicle and withstand various stresses, including impacts and collisions.
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