Rear Spoiler Market Trends and Global Forecasts by Key Players: Mercedes-AMG, Albar Industries, DAR Spoilers, Anderson Composites, Changzhou Huawei, Hamann, Inoac Corporation, Jiangnan Mould and Plastic Technology, Magna International, Mitsubishi, Mugen,

Market Overview:-

Global Rear spoiler market share will surpass 44 million units by 2024. Rising implementation in MPVs, SUVs, and hatchbacks coupled with increased sales of SUVs across the globe will primarily drive the industry growth. Regular innovations in automobile industry for overall reduction of vehicle weight has resulted in high installation of plastic components. These innovations are likely to further propel the product penetration over the forecast timeframe.

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Top Key Players:-

The key players of global Rear Spoiler Market are Mercedes-AMG, Albar Industries, DAR Spoilers, Anderson Composites, Changzhou Huawei, Hamann, Inoac Corporation, Jiangnan Mould and Plastic Technology, Magna International, Mitsubishi, Mugen, P.U Tech Spoiler, Plasman Group, Plastic Omnium, Polytec Group, Rehau, SMP Automotive, SRG Global, Seibon Carbon, Super Honga, Thai Rung Union Car.

Regional Segmentations:-

North America rear spoiler market will capture highest revenue share accounting for approximately USD 2 billion till 2024. Rising demand for improved rear spoilers owing to increased production of high-speed cars will drive the regional growth. High sales of SUVs across the region will contribute significantly to the revenue generation. Moreover, drop in prices of these vehicles will further support the region’s dominance over the next eight years.

Europe will showcase steady growth owing to presence of major automakers and recovering economy across the region. Industry participants are focusing on R&D activities for improvements in material quality and product performance, fostering the industry growth. High adoption of electric vehicles in countries including Sweden, Netherlands will further strengthen the product penetration.

Major Points of Table Of Content:-

3 Rear Spoiler Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Manufacturers
3.3.3 Profit margin trends
3.3.4 Distribution channel analysis
3.3.4.1 B2C
3.3.4.2 End Users
3.3.4.3 Aftermarket
3.3.4.4 E-commerce
3.3.5 Vendor matrix
3.4 Pricing analysis
3.4.1 Regional Pricing
3.4.1.1 North America
3.4.1.2 EU
3.4.1.3 APAC
3.4.1.4 LATAM
3.4.1.5 MEA
3.4.2 Cost structure analysis
3.5 Technology landscape
3.5.1 Composite rear spoiler
3.5.1.1 Hand layup molding
3.5.1.2 Spray-up process
3.5.2 By blowing cylindrical raw material
3.6 Regulatory landscape
3.6.1 North America
3.6.1.1 U.S. Federal Standards
3.6.1.2 California Standards
3.6.2 Europe
3.6.3 APAC
3.6.3.1 China
3.6.3.2 Japan
3.6.3.3 India
3.6.3.4 South Korea
3.6.4 LATAM & MEA
3.6.4.1 Brazil
3.6.4.2 South Africa
3.7 Industry impact forces
3.7.1 Growth drivers by region
3.7.1.1 North America
3.7.1.1.1 Increasing preference for SUVs
3.7.1.2 Europe
3.7.1.2.1 Technological advancement in automotive industry
3.7.1.3 Asia Pacific
3.7.1.3.1 Increasing demand for green vehicles
3.7.1.3.2 Growth in passenger vehicle sales
3.7.1.4 LATAM
3.7.1.4.1 Rising investments by well-established players
3.7.1.5 MEA
3.7.1.5.1 1.1.1.3 Strengthening of luxury car market
3.7.2 Industry pitfall & challenges
3.7.2.1 Speed limitations and less awareness among hatchback users
3.8 Innovation and sustainability
3.9 Automotive production by region, 2013 – 2016
3.10 Growth potential analysis
3.11 Competitive landscape
3.11.1 Strategy dashboard
3.12 Porter’s analysis
3.13 PESTEL analysis

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Rear spoiler market from aftermarket will hold major share crossing 75% over the coming years owing to cost effectiveness of these products as compared to their counterparts. OEMs will exhibit 5% CAGR owing to consumer’s loyalty and trust towards component manufacturers.

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