Aerodynamic Market for Automotive by Mechanism (Active and Passive System), by Application (Spoilers & Wings, Scoops, Air Dams), by Vehicle-Class (Passenger Vehicles, LCV, HCV), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027)

Aerodynamic Market for Automotive Size, Share, Trends, Growth, Analysis, Research

Aerodynamic Market for Automotive: Summary

The Global Aerodynamic Market for Automotive is projected to reach around USD 35.6 billion by 2027 at a CAGR of around 4.4%.

Aerodynamic is a study that is associated with moving objects through air and a force is developed by relative motion between the surface of body and air. Automobiles with aerodynamic shape or design run faster. And since the air passes over the vehicle more easily, it uses less fuel as compared to other vehicles. The benefits of aerodynamic in vehicles increases stability and helps in reducing noise level. It also adds a stylish appearance to the vehicle.

Aerodynamic Market for Automotive: Drivers & Restraint

Market Driver:

  • Strict Regulations Imposed On Vehicle Noise Limits

Aerodynamic sources are important for both vehicle interior and exterior noise. Noise can be controlled by using pneumatic silencers, quiet fan technology, and quiet air nozzles from aerodynamic sources. Noise is an immense ecological problem which also endangers human health. It increases blood pressure and results in disorders of the nervous, digestive, and cardiovascular system. Hence, to promote better health, the European Parliament and the Council of Europe proposed new noise limits for road vehicles by adopting new noise testing methods.

Hence, strict regulations imposed on vehicle noise limits are expected to boost the aerodynamic market for automotive growth.

 

  • Increasing Fuel-Efficiency of Vehicles

The aerodynamic lift process helps in a weight reduction of the vehicle and also reduces fuel consumption. By using aerodynamic components like gap fairings, side skirts and wind deflectors can lower the fuel consumption in vehicles. Also, automotive manufacturers are focusing on using lightweight materials like magnesium, aluminum, and polymer matrix composites (PMCs) for manufacturing of these components which helps in vehicle weight reduction and increases fuel efficiency.

Thus, increasing the fuel-efficiency of vehicles is anticipated to drive the market growth during the forecast period.

Market Restraint:

  • High Integration Cost

The growth of this market is hampered owing to the high integration cost of the material, designing, and products used in the development of maintaining aerodynamic efficiency. To reduce vehicle weight, lightweight materials like magnesium, aluminum is used in aerodynamic components. The cost of raw material, uncertain shortage, and supply-demand gaps have a negative impact on the aerodynamic automotive market. Furthermore, the lack of a constant supply of raw materials results in increasing raw material prices which, escalates the overall product price.

Thus, high integration cost is a restraining factor for the aerodynamic market for automotive growth during the assessment period.

 

Aerodynamic Market for Automotive: Key segments

  • By Mechanism: Active System and Passive System.
  • By Application: Spoilers & Wings, Scoops, Air Dams, Splitters & Diffuser, Grille Shutters, Gap Fairing, and Others.
  • By Vehicle-Class: Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles.
  • Based on Region Covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

 

Aerodynamic Market for Automotive: Report SCOPE

The report on the aerodynamic market for automotive covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

 

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million), Volume (Units)

Segments Included

 Mechanism, Application, and Vehicle-Class

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

 

KEY Companies Covered

  • SRG Global (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Valeo
  • Röchling
  • Magna International Inc.
  • Compagnie Plastic Omnium SA
  • SMP Deutschland GmbH
  • POLYTEC HOLDING AG
  • A.P. PLASMAN.
  • INOAC CORPORATION
  • Johnson Electric Holdings Limited
  • Rehau Group
  • Other Key Companies

 

Aerodynamic Market for Automotive: report segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Aerodynamic Market for Automotive, by Mechanism

  • Active System
  • Passive System

Aerodynamic Market for Automotive, by Application

  • Spoilers & Wings
  • Scoops
  • Air Dams, Splitters & Diffuser
  • Grille Shutters
  • Gap Fairing
  • Others

Aerodynamic Market for Automotive, by Vehicle-Class

  • Passenger Vehicles
    • Sedan/Hatchback
    • Sport Utility Vehicle (SUV)
    • Luxury/Sports Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

Aerodynamic Market for Automotive, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Norway
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

 

Key Questions answered by the report

  • What are the prominent developments affecting the market globally and its growth?
  • What will be the impact of the developments in the market on the industry and the market players in the future?
  • What are the evolving variations of the market worldwide?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the world?
  • How are the key players leveraging in the present market scenario globally?

Report Audience

  • Aerodynamic Market for Automotive Providers
  • Aerodynamic Market for Automotive Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Aerodynamic Market for Automotive
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AERODYNAMIC MARKET FOR AUTOMOTIVE STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Strict Regulations Imposed On Vehicle Noise Limits
      2. Increasing Fuel-Efficiency of Vehicles
    3. Restraint
      1. High Integration Cost
    4. Opportunities
      1. Rising Usage of Aerodynamic Components in Heavy-Commercial Vehicles
    5. Challenges
      1. Design Limitations in Maintaining Aerodynamic Efficiency
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. AERODYNAMIC MARKET FOR AUTOMOTIVE BY MECHANISM, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Active System
    3. Passive System
  7. AERODYNAMIC MARKET FOR AUTOMOTIVE BY APPLICATION, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Spoilers & Wings
    3. Scoops
    4. Air Dams, Splitters & Diffuser
    5. Grille Shutters
    6. Gap Fairing
    7. Others
  8. AERODYNAMIC MARKET FOR AUTOMOTIVE BY VEHICLE-CLASS, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Passenger Vehicles
      1. Sedan/Hatchback
      2. Sport Utility Vehicle (SUV)
      3. Luxury/Sports Cars
    3. Light Commercial Vehicles (LCV)
    4. Heavy Commercial Vehicles (HCV)
  9. AERODYNAMIC MARKET FOR AUTOMOTIVE BY REGION, Market Size in USD Million and Units (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Norway
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. SRG Global
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Valeo
    3. Röchling
    4. Magna International Inc.
    5. Compagnie Plastic Omnium SA
    6. SMP Deutschland GmbH
    7. POLYTEC HOLDING AG
    8. A.P. PLASMAN.
    9. INOAC CORPORATION
    10. Johnson Electric Holdings Limited
    11. Rehau Group
    12. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : AT 056

Published : February, 2020


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