LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive cross car beam market and it is poised to grow by USD 507.06 million during 2019-2023, progressing at a CAGR of about 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CIE Automotive SA, DURA Automotive Systems LLC, ElringKlinger AG, Faurecia SA, Georg Fischer Ltd., KIRCHHOFF Automotive GmbH, Meridian Lightweight Technologies Inc., Multimatic Inc, Shiloh Industries Inc., Unipres Corp. are some of the major market participants. The demand for enhanced safety will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus