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Polyamides are low-cost and lightweight materials that are expected to gain significant traction in automotive rocker panel market, mainly due to reduced fuel expenses associated with it. Modified polycarbonate and polybutylene terephthalate are likely to stimulate production of the nylon automotive rocker panel in the near future. Demand for polymer based automotive rocker panel is expected to surge as it helps in eliminating the chances of corrosion in automobiles, thereby offering greater longevity of car.
Stainless steel automotive rocker panel is anticipated to gain significant demand compared to fiber automotive rocker panel in the automotive industry. This growth of stainless steel automotive rocker panel is expected to be attributed towards the product’s additional protection features against peeling and chipping of stones and pebbles in the door panel body.
Automotive Rocker Panel Market: Introduction
An automotive rocker panel is a long strip of metal or fiber provided along the sides of a vehicle, between the front and rear wheel, just below the door opening. A rocker panel provides structural support and reinforcement to the doors when they are being closed or are resting on the rocker panel. The rocker panel also exhibits some safety features, and plays a vital role in enhancing the safety of the vehicle. It saves the bottom of the vehicle from sagging in the middle, and its high strength resists deformation in case of an accident. Owing to such attractive features, the demand for automotive rocker panels is expected to witness substantial growth during the forecast period. The growing need to replace existing rocker panels with the new ones is estimated to add to the growth of the automotive rocker panel market across the globe.
Automotive Rocker Panel Market: Dynamics
The growing automotive industry, especially in developing and emerging countries across the globe, is one of the key drivers for the growth of the automotive rocker panel market. Increasing regulations and elevating design standards aimed at enhancing passenger safety are resulting in enhanced levels of crash test analysis, which lays emphasis on materials with higher strength. This, in turn, is propelling the demand for more hard and durable automotive rocker panels. The replacement of damaged and eroded rocker panels with new and corrosion-resistant materials is expected to drive the demand for automotive rocker panels during the forecast period. Newly manufactured truck models with separate frames have started using rocker panels to enhance the rigidity and stiffness of the body structure. The increasing demand for trucks in the transportation sector is expected to fuel the demand for automotive rocker panels during the forecast period.
There are certain challenges that manufacturers operating in the automotive rocker panel market have to face. Increasing competition in the automotive sector with the entry of new players in the market is expected to lower the overall margin for the current players. That apart, significant operational life of rocker panels is expected to lower the demand for automotive rocker panels in the aftermarket.
Severe corrosion resulting in the degradation of strength and quality of materials is leading to the increased demand for new materials. The growing use of polymers as a construction material for rocker panels is an ongoing trend in the automotive rocker panel market.
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Automotive Rocker Panel Market: Segments
The global automotive rocker panel market is segmented on the basis of vehicle type, sales channel, material, and application.
Based on vehicle type, the global automotive rocker panel market is segmented as:
- Light Duty Vehicles
- Medium Duty Vehicles
- Heavy Duty Vehicles
Based on sales channel, the global automotive rocker panel market is segmented as:
- Aftermarket
- Original Equipment Manufacturers (OEMs)
On the basis of material, the global automotive rocker panel market is segmented as:
- Stainless Steel
- Fiber
Automotive Rocker Panel Market: Key Participants
Some of the market participants identified across the value chain of the automotive rocker panel market include:
- B&I
- Nor/Am Auto Body Parts
- Willmore Manufacturing
- Innovative Creations
- Putco
- Rugged Ridge
- SMP Deutschland GmbH
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, and applications.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America Automotive Rocker Panel Market
- Latin America Automotive Rocker Panel Market
- Asia Pacific Automotive Rocker Panel Market
- Japan Automotive Rocker Panel Market
- Western Europe Automotive Rocker Panel Market
- Eastern Europe Automotive Rocker Panel Market
- Middle East & Africa Automotive Rocker Panel Market
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
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