Rear Spoiler Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
Study on Rear Spoiler Market highlights key players such as Magna International, SMP Automotive, Polytec Group, Thai Rung Union Car PLC, INOAC Corporation, Rehau Limited, SRG GLOBAL, Jiangnan Mould and Plastic Technology Co. LTD, AP Plasman, Albar Industries Inc., P.U.
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The global rear spoiler market is projected to grow at a CAGR of 7.40% from 2017 to 2022, to reach USD 3.69 billion by 2022. The major factors driving the growth of the market include growing electrification of vehicles and the increasing production of multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in developed regions such as Europe and North America.
On the other hand, the increasing usage of integrated spoiler may pose a challenge to the growth of the rear spoiler market.
Asia-Pacific is estimated to account for the largest share, by value and volume, of the rear spoiler market in 2017.Also, in terms of growth, the Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production.
Also, the increasing installation of spoilers in vehicles such as SUVs, MPVs, and Hatchbacks would add to the demand for automotive spoilers.
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Key Points From Table Of Content:
5 Market Overview
5.2 Market Dynamics
188.8.131.52 Increasing Stringency of Fuel Economy and Emission Norms
184.108.40.206 Growing Demand for SUVs and MPVS Across the Globe
220.127.116.11 Rising Trend of Integrated Roof Spoilers May Hinder the Growth of the Separated Roof Spoilers
18.104.22.168 Increasing Penetration of Active Spoiler
22.214.171.124 Increasing Production of Electric Vehicles Across the Globe
126.96.36.199 Speed Limits on Highways By Governments of Countries Such as India, Canada, and Other Major Automotive Markets
6 Rear Spoiler Market, By Technology Type
6.1.1 Blow Molding
6.1.2 Injection Molding
6.1.3 Reaction Injection Molding
7 Rear Spoiler Market, By Material Type
7.1.3 Carbon Fiber
7.1.4 Sheet Metal
8 Rear Spoiler Market, By Fuel Type
8.1.3 Others (Hybrid)
9 Rear Spoiler Market, By Vehicle Type
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The report segments the rear spoiler market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and RoW), fuel type(ICE,BEV, and Others(HEV and PHEV)), vehicle type (Hatchback, SUV, and MPV), technology type (blow molding, injection molding, and reaction injection molding), and material type(ABS, carbon fiber, fiberglass, and sheet metal compound).
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