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(Transportation-News.com, September 19, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Active Rear Spoiler market for 2018-2023.
The active rear spoiler is used for attaining maximum control with minimal drag. The system automatically extends the wings as per speed limit for creating maximum downforce. The active rear spoiler is widely used in hypercars and is gaining traction in the supercar segment. The use of active rear spoiler allows sports cars to achieve high speed and control during cornering. Additionally, this system gives an aesthetic appeal to the car.
The rising popularity of carbon fiber active rear spoilers is one of the latest trends that will contribute to the growth of this market in the forthcoming years. Carbon fiber is finding its way into new applications in various industries as a replacement to metal due to its advantages such as higher strength-to-weight ratio, corrosion resistance, and workability. The automotive industry has witnessed the adoption of carbon fibers for applications where weight reduction plays a significant role. The use of carbon fiber is driven by emission control regulations, which demand less fuel consumption by vehicles. The cost parameter limits the carbon fiber usage to luxury cars and supercars and these vehicles are increasingly adopting carbon fiber to improve their performance.
The automotive active rear spoiler market is limited to the supercar segment. However, the market is expected to witness significant adoption during the forecast period due to the requirement of differentiated and high-performance products by customers. The introduction of new players or automotive OEMs installing active aerodynamics in their variants will have a positive influence on the market’s growth.
Over the next five years, this report projects that Automotive Active Rear Spoiler will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Active Rear Spoiler market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Fiberglas
Carbon Fiber
Other
Segmentation by application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Porsche
Ferrari
Automobili Lamborghini
BMW
Daimler
AUDI
Bugatti
Koenigsegg Automotive
Lexus
McLaren
Pagani Automobili
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Active Rear Spoiler consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Active Rear Spoiler market by identifying its various subsegments.
Focuses on the key global Automotive Active Rear Spoiler manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Active Rear Spoiler with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Active Rear Spoiler submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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