Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Car Body-In-White Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Car Body-In-White Market?
The market size of the car body-in-white has seen steady growth over the years. It is expected to rise from $77.42 billion in 2024 to $79.24 billion in 2025, with a compound annual growth rate (CAGR) of 2.4%.
What Are the Expected Market Growth Trends for the Car Body-In-White Market Through 2029?
The Car Body-In-White Global Market is predicted to reach $87.35 billion in 2029, with a CAGR of 2.5%.
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What Are the Key Business Drivers in the Car Body-In-White Market Landscape?
The key drivers in the car body-in-white market are:
• The revolution of electric vehicles driving the market
• Autonomous vehicle development stimulating growth
• Sustainable manufacturing practices spurring expansion
• Growing regulatory push for vehicle safety fueling the market.
How Is the Car Body-In-White Market Divided Across Key Categories?
The car body-in-white market covered in this report is segmented –
1) By Category: Body Structure, Body Components, Chassis
2) By Car Type: Compact, Mid-size, Luxury, Sport Utility Vehicle (SUV)
3) By Construction: Monocoque, Frame Mounted Oil
4) By Material: Steel, Aluminum, Magnesium, Carbon-Fiber-Reinforced Polymers (CFRP)
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What Are the Ongoing Trends in the Car Body-In-White Market?
The key trends in the car body-in-white market are:
• Increased adoption of advanced high-strength materials is a key trend.
• Growing integration of mixed material solutions is influencing the market.
• The focus on multi-material joining technologies is an emerging trend.
• Advancements in lightweighting strategies and integration of smart manufacturing technologies are shaping the future.
Which Companies are Expanding in the Car Body-In-White Industry?
Major players in the car body-in-white market are:
• Volkswagen Group
• Toyota Motor Corporation
• Stellantis NV
• Ford Motor Company
• General Motors Company
• Bayerische Motoren Werke (BMW) AG
• Honda Motor Co. Ltd.
• Hyundai Motor Company
• ArcelorMittal S.A
• Nissan Motor Co. Ltd.
• Volvo Group
• Thyssenkrupp AG
• Magna International Inc.
• Aisin Seiki Co. Limited
• Tata Steel Limited
• ABB Corporation
• Mahindra & Mahindra Limited
• Henkel Adhesive Technologies
• Sika Automotive AG
• Gestamp Automocion SA
• Benteler International AG
• CIE Automotive
• Martinrea International
• Kirchhoff Automotive GmbH
• Multimatic Inc.
• GEDIA Automotive Group
• EDAG Engineering GmbH
• Autokiniton Global Group LP
• JBM Auto Limited
• TECOSIM Group
Which is the Largest Region the Global Car Body-In-White Market?
Europewas the largest region in the car body-in-white market in 2024
