The spoiler is mostly used in sports or high-performance cars, however, they have become common in passenger vehicles. Not only for styling purpose, spoilers are used for reducing drag, thereby offering better performance. Both front and rear spoilers serve their purpose, front spoilers direct the airflow away, whereas rear spoilers minimize turbulence at the rear of the car.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=295
Automotive rear spoiler manufacturers are using various lightweight materials in order to develop the spoiler. Most of the manufacturers have starter using silicon and carbon materials as silicon as a material consist high thermal characteristics and offer longer life to the product. Meanwhile, carbon is lightweight and durable, however, is expensive compared to other materials. Regulations on emissions in various countries are also encouraging the use of carbon fiber as a material for the spoiler but due to the cost parameter it is limited to the luxury cars. Owing to the innovative technologies, manufacturers are focusing on developing active aerodynamics that works and operates when the air blows inside the wings allowing the rapid movement.
According to the report by Fact.MR, the global automotive rear spoiler market is expected to witness robust growth. The market is estimated to register 6.9% CAGR during 2017-2022. Generating down force on the body of the car, rear spoiler decreases the amount of air going under the vehicle thereby reducing lift and drag coefficient. Manufacturers are using various materials to develop spoiler. They have started using silicon polymers, as it provides longer product life.
However, spoiler manufacturers are also looking for new lightweight material that can be used to develop automotive spoiler. Following are the insights on how the market will perform in the coming years.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=295
6 Forecast Highlights on Global Automotive Rear Spoiler Market
- Europe is likely to remain dominant in the global automotive rear spoiler market. By the end of 2017, Europe automotive rear spoiler market is estimated to account for more than one-fourth of the revenue share on global revenue. Growing market and production of luxury and sports cars is boosting the Europe automotive rear spoiler market.
- Asia Pacific Excluding Japan (APEJ) is likely to witness strong growth during the forecast period. APEJ automotive rear spoiler market is estimated to reach close to US$ 900 million revenue by the end of 2022. Rising vehicle production and increasing installation of spoiler in the MVPs, SUVs, and hatchbacks are some of the factors fueling the growth of the automotive rear spoiler market in APEJ.
- Fiberglass is likely to emerge as one of the most preferred materials for the automotive rear spoiler. Fiberglass is estimated to account for nearly one-third of the revenue share by the end of 2017. Meanwhile, carbon fiber will also witness strong growth during the forecast period.
- Sales of the automotive rear spoiler is likely to be highest through Aftermarket. By the end of 2022, the aftermarket is estimated to reach nearly US$ 2,800 million revenue.
- Mid-sized passenger cars are likely to dominate the global automotive rear spoiler market. By the end of 2022, mid-sized passenger cars are estimated to reach close to US$ 900 million revenue.
- Injection molding technology is likely to be the largest used technology in the automotive rear spoiler market. Accounting for nearly two-fifth of the revenue share by the end of 2017, injection molding is estimated to create an incremental opportunity of more than US$ 300 million during 2017-2022.
The report also provides a detailed profile of some of the leading players in the global market for automotive rear spoiler, which will remain active through 2022. These include companies such as Magna International, Inc., Plastic Omnium SA, SMP Deutschland GmbH, POLYTEC Holding AG, SRG Global, Rehau Limited, and Albar Industries Inc.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/295
Benefits of Fact.MR Study
Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.
Why Choose Fact.MR?
- Deliver updated information on the current industry trends
- Available 24/7 to facilitate clients with unbiased solutions
- Embrace digital technologies to offer accurate business ideas
- Exhaustive supply chain augmentation analysis
- Provide reports strictly according to the requirements of the clients
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/25/2006286/0/en/Electric-Vehicle-Sound-Generator-Sales-Majorly-Buoyed-by-Pedestrian-Safety-Concerns-Adoption-in-LCVs-Pegged-at-14-CAGR-by-2029-Says-a-New-Fact-MR-Study.html
Explore Fact.MR’s Comprehensive Coverage on Automotive Landscape
Marine Watertight Door Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2339/marine-watertight-door-market
Automotive Exhaust Manifolds Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2338/automotive-exhaust-manifolds-market
Marine Lubrication System Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2337/marine-lubrication-system-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com