Automotive front end module Market Insights , Overview, Market Report Revenue, Share MRFR Reports
Market Analysis Market Research Future (MRFR) projects the global automotive front end module market Insights to show a CAGR of 6% from 2016 to 2022 (forecast period). The automotive front end module market Insights witnesses rising revenue. The market growth attributes to the rising demand for lightweight vehicles and technically advanced front-end modules. Standardized modular FEM allows the standard design to be used in multiple models, thus saving a considerable cost. Also, FEMs can be installed at the end of the assembly sequence, which saves time & cost during the manufacturing process of the vehicle. Several Factors Contributing to Market Growth Automotive front-end modules are multi-piece assemblies that incorporate many components such as forward lights, radiator, and colling fans, bumpers, air conditioning condensers, and others. The rising need for vehicle weight reduction and increasing demand for technically advanced light weight front end modules are projected t