Automotive Body-in-White Market Size (2024 - 2029)

Automotive Body-in-White Market Analysis

The Automotive Body-in-White Market size is estimated at USD 99.12 billion in 2024, and is expected to reach USD 116.70 billion by 2029, growing at a CAGR of 3.32% during the forecast period (2024-2029).

Over the long term, stringent environmental regulations and emission norms, along with the rising adoption of lightweight materials in vehicles to achieve fuel efficiency, are expected to propel the market demand during the forecast period.

The development of solid-state laser sources in the past decade has offered new welding solutions for BIW assembly. In particular, improved electrical efficiency (cost reductions) and the capability to combine optic fibers and long working distances (tool flexibility) offer new possibilities.

For instance, in April 2023, Comau revealed that it had provided a highly intelligent welding solution for Hycan Automotive Technology Co., Ltd.'s frame line. It guarantees multi-model production of new energy cars, high JPH (Jobs per Hour), and a tangible decrease in production losses. It is used at the Hycan Hangzhou production facility. It can transition between four distinct platforms at random, is completely compatible with existing production platforms, and is mass-producing pure electric A06 automobile and SUV Z03 at 60 JPH cycle efficiency. The solution is built on a modified version of Comau's Opengate frame technology, which allows for flexible high-precision body-in-white construction and virtual commissioning.

Moreover, ongoing R&D on new alloys and efficient manufacturing techniques and increasing investments in automation and robots in the production process are likely to offer new opportunities for players in the market. Apart from this, the body in white is an integral structure for all automobiles. Hence, the development of the automobile sector will also add to the growth of the global body-in-white market.

For instance, in June 2023, NDR Auto Component Limited emphasized the importance of metal components and cosmetic components (trim cover) in the seat. The company's R&D team is now working on numerous product portfolios in these areas. Its metal components team is working on the creation of passenger vehicle seat frames, passenger car body-in-white (B-I-W) parts, and two-wheeler components.

Additionally, the government initiatives adopted in countries like India and China, promoting manufacturing and contributing to the growth of this market.

Automotive Body-in-White Industry Segmentation

Automotive body-in-white refers to the phase in automotive manufacturing in which the sheet metal body components of an automobile have been welded together. In other words, the automotive body-in-white is the frame structure of the automobile before painting and assembly of the engine, chassis, glass, seat, doors, hood, and other such sub-assemblies.

The automotive body-in-white market is segmented by vehicle type (passenger vehicles and commercial vehicles), propulsion type (IC engine and electric vehicles), material type (aluminum, steel, composites, and other material types), material joining technique (welding, clinching, laser brazing, bonding, and other material joining techniques), and geography (North America, Europe, Asia-Pacific, and Rest of the World). 

The report offers market size and forecast for the Automotive Body-in-White market in value (USD) for all the above segments.