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Benteler Automotive and Gestamp hold a high market share of over 10% in the automotive cross car beam industry. Benteler invest in research and development to stay ahead of emerging trends and technology advancements in the automotive industry. Also, the company focuses on developing innovative cross car beam designs that offer enhanced structural performance, weight reduction, and integration capabilities.
Gestamp leverages its expertise in metal forming and stamping technologies to develop innovative cross car beam solutions with superior performance and durability. Also, the company invest in vertical integration of manufacturing processes to control costs and ensure quality throughout the value chain.
Major players operating in the automotive cross car beam companies are:
Benteler Automotive, CIE Automotive, Dura-Shiloh, Elringklinger AG, Faurecia, Gestamp, GF Casting Solutions, and KIRCHHOFF Automotive among others.
Asia Pacific market held over 49% share in 2023, due to robust manufacturing capabilities and the burgeoning automotive industries.
The OEM segment of the automotive cross car beam industry accounted for over 70% share in 2023 and is poised to cross USD 4.8 billion by 2032, driven by its pivotal role in supplying beams directly to vehicle manufacturers.
The market size of automotive cross car beam reached USD 4.5 billion in 2023 and is set to witness over 5.5% CAGR between 2024 and 2032, owing to advancements in materials science and manufacturing processes.