Global Automotive Rocker Panel Market Size By Type (Lower Quarter Panels, Door Rocker Panels), By Vehicle Type (Light Duty Vehicles, Medium Duty Vehicles), By Sales Channel (Aftermarket, Original Equipment Manufacturers (OEMs)), By Material (Fiber, Rubber), By Geographic Scope And Forecast
Report ID: 249311|No. of Pages: 202
Global Automotive Rocker Panel Market Size By Type (Lower Quarter Panels, Door Rocker Panels), By Vehicle Type (Light Duty Vehicles, Medium Duty Vehicles), By Sales Channel (Aftermarket, Original Equipment Manufacturers (OEMs)), By Material (Fiber, Rubber), By Geographic Scope And Forecast
Automotive Rocker Panel Market Size And Forecast
Automotive Rocker Panel Market size was valued at USD 7.8 Billion in 2024 and is projected to reach USD 12.2 Billion by 2031, growing at a CAGR of 7.4 % during the forecast period 2024-2031.
The expanding automobile sector, particularly in developing and emerging nations throughout the world, is one of the primary drivers of the Automotive Rocker Panel Market. Increasing legislation and design requirements aimed at improving passenger safety are leading to increasing levels of crash test analysis, which emphasizes materials with better strength. As a result, the need for tougher and more durable vehicle rocker panels is increasing. The Global Automotive Rocker Panel Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Automotive Rocker Panel Market Definition
An automotive Rocker Panel is a device that pumps gasoline or fuel from the gas tank to the engine’s injectors. The pump creates positive electrical pressure in the fuel lines, which transports gasoline to the internal combustion engine. It is often placed in passenger automobiles, as well as light and large commercial vehicles, and is programmed to transmit signals to the engine indicating the amount of gasoline necessary in the tank. Compared to standard mechanical pumps, it has a longer service life, less noise, better fuel supply, and better interference suppression.
It prevents the vehicle’s bottom from sinking in the center, and its great strength prevents deformation in the event of an accident. Because of these appealing qualities, the demand for automobile rocker panels is predicted to rise significantly throughout the forecast period. The rising requirement to replace outdated rocker panels with new ones is expected to boost the global Automotive Rocker Panel Market.
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Global Automotive Rocker Panel Market Overview
Significant expansion in the automotive industry is one of the primary reasons driving the market’s favorable outlook. In keeping with this, automakers are producing rocker panels that fulfill security criteria while also improving the vehicle’s visual appeal. They are also developing product versions with increased strength, security, and durability. Various product advancements, such as the use of lightweight polymers, such as modified polycarbonate and polybutylene terephthalate, to create rocker panels, are also working as growth drivers.
These materials contribute to the vehicle’s overall weight reduction and improved fuel economy. In keeping with this, manufacturers are replacing obsolete, damaged, or degraded rocker panels with new, upgraded corrosion-resistant materials. Other reasons, including rising demand for heavy vehicles such as trucks in the transportation industry, as well as the widespread adoption of electric and hybrid vehicles (EVs/HVs), are likely to propel the market even further.
Furthermore, the installation of severe government laws relating to a variety of security requirements is boosting market growth. Additionally, the introduction of electric cars as a result of increased environmental concerns is stimulating the industry. Furthermore, rising demand for used automobiles, as well as increased repair and maintenance operations, are driving the usage of automotive rocker panels in the aftermarket segment. Various technical developments have resulted in the creation of improved product varieties in the market, which is projected to fuel market expansion further.
Global Automotive Rocker Panel Market Segmentation Analysis
The Global Automotive Rocker Panel Market is segmented on the basis of Type, Vehicle Type, Sales Channel, Material, and Geography.
Automotive Rocker Panel Market, By Type
• Lower Quarter Panels
• Door Rocker Panels
Based on Type, the market is segmented into Lower Quarter Panels and Door Rocker Panels.
Automotive Rocker Panel Market, By Vehicle Type
• Light Duty Vehicles
• Medium Duty Vehicles
• Heavy Duty Vehicles
Based on Vehicle Type, the market is segmented into light Duty Vehicles, Medium Duty Vehicles, and Heavy-Duty Vehicles. Heavy-Duty vehicles are predicted to rise significantly in this sector due to increased usage of vehicles in the construction and oil and gas industries.
Automotive Rocker Panel Market, By Sales Channel
• Aftermarket
• Original Equipment Manufacturers (OEMs)
Based on the Sales Channel, the market is segmented into Aftermarket and Original Equipment Manufacturers (OEMs). This market is projected to be dominated by the OEM segment. Rising investments in car manufacturing in new markets, as well as changing customer preferences for personal transportation, will drive corporate development. The aftermarket Automotive Rocker Panel Market is predicted to grow considerably over the forecast period. The industry will grow during the forecast period as a result of aggressive growth by original equipment manufacturers into the aftermarket business, as well as greater spending on customer experience improvement.
Automotive Rocker Panel Market, By Material
• Stainless Steel
• Fiber
• Rubber
Based on Material, the market is segmented into Stainless Steel, Fiber, and Rubber. In the automobile sector, stainless steel automotive rocker panels are expected to outsell fiber automotive rocker panels. This increase in stainless steel vehicle rocker panel sales is predicted to be linked to the product’s extra protective features against stone and pebble peeling and chipping in the door panel body.
Automotive Rocker Panel Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
Based on Geography, the Global Automotive Rocker Panel Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The rising demand for light commercial vehicles is likely to boost the market for automotive rocker panels in North America and Western Europe. The growing need for vehicles for the construction and oil and gas sectors in Latin America, the Middle East, and Africa is likely to drive demand for automotive rocker panels in the future years. With its cutting-edge technology, Japan is likely to emerge as a significant market for automobile rocker panels throughout the forecast period.
Key Players
The “Global Automotive Rocker Panel Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Auto Metal Direct LLC, Classic 2 Current Fabrication, Putco Inc., Rugged Ridge, Smittybilt, SMP Deutschland GmbH, Willmore Manufacturing Inc., B&I, Nor/Am Auto Body Parts, and Innovative Creations.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• On 1 September 2021, Standard Motor Products, Inc., a prominent automobile components manufacturer and distributor, announced the acquisition of 100% of the capital stock of Stabil Operative Group GmbH, a German firm.
• On 1 June 2021, Standard Motor Products, Inc. (NYSE: SMP), a prominent producer and distributor of automotive components, said that it has purchased 100 percent of the capital stock of Trumpet Holdings, Inc., a Delaware business.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Auto Metal Direct LLC, Classic 2 Current Fabrication, Putco Inc., Rugged Ridge, Smittybilt, SMP Deutschland GmbH, Willmore Manufacturing Inc. |
| SEGMENTS COVERED | By Type, By Vehicle Type, By Sales Channel, By Material, and Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL AUTOMOTIVE ROCKER PANEL MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET, BY TYPE
5.1 Overview
5.2 Lower Quarter
5.3 Door Rocker Panels
6 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET, BY VEHICLE TYPE
6.1 Overview
6.2 Light Duty Vehicles
6.3 Medium Duty Vehicles
6.4 Heavy Duty Vehicles
7 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET, BY SALES CHANNEL
7.1 Overview
7.2 Aftermarket
7.3 Original Equipment Manufacturers (OEMs)
8 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET, BY MATERIAL
8.1 Overview
8.2 Stainless Steel
8.3 Fiber
8.4 Rubber
9 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East and Africa
10 GLOBAL AUTOMOTIVE ROCKER PANEL MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies
11 COMPANY PROFILES
11.1 Auto Metal Direct LLC
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Classic 2 Current Fabrication
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Putco Inc.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Rugged Ridge
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Smittybilt
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 SMP Deutshcland GmbH
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Willmore Manufacturing Inc.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 B&I
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Nor/Am Auto Body Parts
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Innovative Creations
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 KEY DEVELOPMENTS
12.1 Product Launches/Developments
12.2 Mergers and Acquisitions
12.3 Business Expansions
12.4 Partnerships and Collaborations
13 Appendix
13.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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