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(Transportation-News.com, December 22, 2018 )
Stratview Research has published a new research report on Automotive Active Aerodynamics Market. This extensive 192-page report by Stratview Research analyses the growth of Automotive Active Aerodynamics Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Component Type (Active Grille Shutter, Active Spoiler, Active Rear Wing, Others)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/330/Automotive-Active-Aerodynamics-Market.html
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Aerodynamic technology in automotive industry
The auto industry has efficaciously been ushering in a new era of aerodynamic vehicles with a meticulous investment into advanced components that can address the changing business requirements in the most effective manner. All the major automakers have vigorously been incorporating active components in their most-renowned vehicle models with the purpose to improve the overall fuel efficiency of vehicles in order to address stringent government regulations, such as CAFE Standards and EU Commission on Carbon Emissions Reduction Targets.
The global automotive active aerodynamics market is likely to grow at an impressive double-digit over the next five years to reach US$ 1,113.5 million in 2023. Increasing vehicle production coupled with an increasing penetration of active aerodynamic components in newer vehicles, a rise in demand for improved aerodynamics in vehicles, and the implementation of stringent emission norms for reducing carbon emissions in the automotive industry are the major growth drivers of the automotive active aerodynamics market.
Key players in the market
The supply chain of this market comprises raw material suppliers, actuator suppliers, automotive active aerodynamic component manufacturers, automotive OEMs, dealers, and end-users. Some of the key raw material suppliers for automotive active aerodynamics include BASF SE, Celanese Corporation, and Lanxess AG.
The key automotive active aerodynamic component manufacturers are Rochling Group, Magna International Inc., Valeo SA, HBPO GmbH, and SRG Global. The development of new products targeting higher aerodynamic performance, the use of active aerodynamic components in unpenetrated vehicle models, regional expansion, and the formation of long-term contracts are some of the major strategies adopted by the major players in order to remain competitive in the market
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Ritesh Gandecha
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Source: EmailWire.Com 
Source: EmailWire.com
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