Automotive BIW Market Overview
The Automotive BIW Market Size is expected to reach USD 129.36 Billion by 2033. The Automotive BIW Market industry size accounted for USD 99.74 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 3.25% from 2023 to 2033. The Automotive BIW (Body-in-White) Market refers to the segment of the automotive industry that focuses on the production and sale of BIW components. Body-in-White is a stage in automotive manufacturing where the car body’s sheet metal components are assembled, welded together, and before painting or any other finishing processes.
The Automotive Body-in-White (BIW) market refers to the industry focused on the manufacturing of the core structure of a car. This unfinished structure, also known as the skeleton, forms the foundation for the rest of the vehicle and is critical for factors like passenger safety, handling, and overall ride comfort. Overall, the Automotive BIW market is an important part of the automotive industry, and with the growing emphasis on fuel efficiency and technological innovation
Global Automotive BIW Market Synopsis
COVID-19 Impact Analysis
The COVID-19 pandemic had a significant impact on the Automotive BIW (Body-in-White) Market. Lockdowns and restrictions led to temporary closures of manufacturing facilities, causing disruptions in the production of BIW components. Many companies in the BIW market experienced a decline in revenue due to decreased production and sales. Companies had to manage operational costs more efficiently, including workforce reductions, deferral of capital expenditures, and optimizing supply chains. Increased adoption of remote working practices where possible, especially in design and administrative functions. Accelerated digitalization and automation to reduce dependency on human labor and improve efficiency. Companies are focusing on building more resilient supply chains to mitigate future disruptions, including diversifying supplier bases and increasing local sourcing. There is a stronger emphasis on sustainability and innovation in materials and processes to create more robust and environmentally friendly BIW components.
Automotive BIW Market Dynamics
The major factors that have impacted the growth of Automotive BIW Market are as follows:
Drivers:
Ø Technological Advancements
Innovations in materials such as high-strength steel, aluminum, and composites are enabling the production of lighter and stronger BIW components. Adoption of advanced manufacturing processes like laser welding, hydroforming, and additive manufacturing improves the precision and efficiency of BIW production. Rapid industrialization and urbanization in emerging markets, particularly in Asia-Pacific, are driving the demand for new vehicles. The growing popularity of electric vehicles is boosting the demand for specialized BIW components designed for EV platforms. Increasing focus on the recyclability of materials used in BIW components to meet environmental sustainability goals. Efforts to reduce the energy consumption during the manufacturing process of BIW components.
Restraint:
- Perception of High Costs
Advanced materials like high-strength steel, aluminum, and composites are often more expensive than traditional materials, increasing overall production costs. The adoption of new manufacturing technologies and processes can require significant capital investment in new equipment and training, raising the initial costs for manufacturers. Advanced manufacturing processes such as laser welding and hydroforming can be complex and require highly skilled labor and precision engineering. Integrating new materials and technologies into existing production lines can be challenging and time-consuming.
Opportunity:
⮚     Growing demand for Advanced Materials Development
Continued innovation in lightweight materials such as high-strength steel, aluminum alloys, and composites can enhance vehicle performance and fuel efficiency. Research and development of sustainable and recyclable materials for BIW components to meet environmental regulations and consumer preferences. Implementation of circular economy principles, including recycling and reusing materials, to reduce environmental impact and improve sustainability. Development of energy-efficient manufacturing processes to reduce the carbon footprint of BIW production. Increasing demand for enhanced crash safety features and compliance with stringent safety regulations can drive innovation in BIW design and materials. Development of BIW components that enhance the structural integrity of vehicles, supporting advanced driver-assistance systems (ADAS) and autonomous driving technologies.
Automotive BIW Market Segment Overview
By Vehicle Type
Based on Vehicle Type, the market is segmented based on Passenger Vehicle and Commercial Vehicle. The Passenger Vehicle segment dominant the market. Consumer preferences, economic conditions, and technological advancements heavily influence the demand for passenger vehicles and their BIW components. Development of BIW components to support autonomous driving technologies, including sensor integration and structural modifications.
By Vehicle Propulsion Type
Based on Vehicle Propulsion Type, the market segment has been divided into the IC Engine, Electric and Hybrid. The IC Engine segment dominant the market. Market demand is influenced by consumer preferences, economic conditions, regulatory requirements, and technological advancements related to IC engines. The segment’s future growth will be influenced by ongoing developments in IC engine efficiency, emissions reduction technologies, and regulatory changes impacting vehicle design and production.
By Material Type
Based on Material Type, the market segment has been divided into the Aluminum, Steel, Plastic and Fiber-reinforced Polymer Composites. The Steel segment dominant the market. Steel remains a crucial material in the BIW of vehicles due to its strength, formability, and cost-effectiveness. Market demand is influenced by factors such as vehicle production volumes, safety standards, and advancements in steel manufacturing technologies.
By Material Joining Technique
Based on Material Joining Technique, the market segment has been divided into the Welding, Riveting, Clinching, Laser Brazing, Bonding and Other. The Welding segment dominant the market. Welding is a critical process in assembling BIW components, joining various materials to form the vehicle structure. Market demand is driven by vehicle production volumes, technological advancements in welding techniques, and regulatory standards. Most commonly used welding process in automotive BIW manufacturing, where two or more sheets of metal are welded together at localized points by the heat obtained from resistance to electric current.
Global Automotive BIW Market Regional Analysis
Based on region, the global Automotive BIW Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Automotive BIW Market followed by the Asia-Pacific and Europe regions.
Automotive BIW North America Market
North America holds a dominant position in the Automotive BIW Market. The North American BIW market is also mature, with major car manufacturers having a strong presence. However, its growth might be slower compared to APAC due to factors like market saturation and increasing competition from foreign carmakers. Strong presence of established automotive manufacturers and a high demand for advanced vehicles, including electric and autonomous vehicles. Stringent safety and emission regulations drive the demand for lightweight and high-performance BIW components.
Automotive BIW Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Automotive BIW Market industry. Rapidly growing automotive market with increasing production and sales, especially in countries like China, India, Japan, and South Korea. Industrialization and urbanization drive the demand for new vehicles, creating a substantial market for BIW components. Focus on cost-effective manufacturing and local production to cater to the regional demand. A mix of global automotive manufacturers and emerging local companies, along with a growing number of technology and material suppliers.
Competitive Landscape
The global Automotive BIW Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.
Prominent Players:
- Roland Berger
- ThyssenKrupp System Engineering
- Gestamp
- Norsk Hydro
- Magna International Inc.
- AISIN SEIKI Co. Ltd.
- Kuka
- ABB Corporation
- TATA Steel
- ArcelorMittal
Scope of the Report
Global Automotive BIW Market, by Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
Global Automotive BIW Market, by Vehicle Propulsion Type
- IC Engine
- Electric
- Hybrid
Global Automotive BIW Market, by Material Type
- Aluminum
- Steel
- Plastic
- Fiber-reinforced Polymer Composites
Global Automotive BIW Market, by Material Joining Technique
- Welding
- Riveting
- Clinching
- Laser Brazing
- Bonding
- Other
Global Automotive BIW Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: $129.36 Billion |
| CAGR | 3.25% CAGR (2023-2033) |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Vehicle Type, Vehicle Propulsion Type, Material Type, Material Joining Technique |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | Roland Berger, ThyssenKrupp System Engineering, Gestamp, Norsk Hydro, Magna International Inc., AISIN SEIKI Co. Ltd., Kuka, ABB Corporation, TATA Steel and ArcelorMittal |
| Key Market Opportunities | • The growing demand for Advanced Materials Development • Focus on Sustainability and Enhanced Safety Standards |
| Key Market Drivers | • Technological Advancements • Increasing Automotive Production |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Automotive BIW Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Automotive BIW Market historical market size for the year 2021, and forecast from 2023 to 2033
- Automotive BIW Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Automotive BIW Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
