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Next Move Strategy Consulting
Automotive Bumper Market Trends and Growth - 2030
Automotive Bumper Market Trends and Growth - 2030
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The global Automotive Bumper Market is expected to reach USD 19.33 billion by 2030, growing at a CAGR of 4.4%.
The automotive bumper market includes front and rear bumpers designed to absorb impact and minimize damage in the event of a collision. Bumpers are essential safety components that protect both the vehicle and its occupants. In addition to enhancing safety, bumpers also reduce repair costs and contribute to the overall design and appearance of the vehicle.
The increasing rate of road accidents is driving the demand for safety features that help mitigate the impact of collisions, further accelerating market growth.
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