Rear Spoiler Market: Overview
The rear spoiler can be referred as an automotive aerodynamic device. It helps in spoiling the adverse air movement across the vehicle body. When the spoilers are present at the front of the vehicles then they are called as air dams. Some spoilers are installed in the cars just for styling or for better aerodynamics. The rear spoiler helps to increase the efficiency and decrease the drag.
Rear Spoiler Market: Facts
The popular market player, Mazda has patented the active rear spoiler design which was inspired by the RX-Vision. Mazda received this patent as this design intersects the rear taillights.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Rear Spoiler Market: Segmentation
The global market for the rear spoiler is fragmented into the vehicle type, material type, sales channel, technology, and the fuel type. Based on the type of the vehicle, the global market is segregated into MPV, SUV, and hatchback. Based on the type of the material, the market is categorized into carbon fiber, fiberglass, ABC plastic, and silicon. Based on the sales channel, the market is divided into aftermarket and OEM. Based on the technology, the market is bifurcated into injection and blow. Based on the type of fuel that is used, the market is segmented into BEV and ICE.
Rear Spoiler Market: Growth Factors
In the coming years, the rear spoilers market will develop significantly. The major factors that are driving the growth of the market are the growing demand for the cars that have high performance and the increasing inclination of the consumers towards the sports model. In the recent years, the consumers have inclined more towards purchasing cars of sports model which has thus increased the demand for the rear spoilers. Many of the sport cars manufacturers such as the Porsche 911 Turbo S, Bentley, Aston Martin Vanquish, Audi R8, and Mercedes have introduced many new models of cars that have high-end facilities which are in turn positively affecting the growth of the rear spoiler market. When compared with the overall production of the car, the luxury vehicles account for a very little share. But the scenario will change in the coming years which will increase the sales of the rear spoilers.
Rear Spoiler Market: Regional Analysis
Among the regions, it is Western Europe that generates the major revenue share in the global rear spoiler market. The increased demand for the high-performance cars will exponentially grow the demand for the rear spoilers. In North America, the market will be experiencing a robust growth owing to the developing automotive sector and the growing demand for the sports cars. In the coming years, the market will experience a boost in Asia Pacific region.
Rear Spoiler Market: Competitive Players
The key market players that are involved in the rear spoiler market include Magna International, Thai Rung Union Car Plc., Jiangnan Mould and Plastic Technology Co., Ltd., P.U. Tech Spoiler, Plastic Omnium, AP Plasman Inc., SMP Automotive, Polytec Group, Rehau Ltd., Albar Industries Inc., Inoac Corporation, Inoac Corporation, and SRG Global.
Rear Spoiler Market: Regional Segment Analysis
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