Global Rear Spoiler Market 2018 Key Players are Magna International, Mitsubishi, Plastic Omnium, Polytec, Albar Industries, Mercedes-AMG, Changzhou Huawei, DAR Spoilers

Market Overview:-

Rear spoiler market has indeed crossed a major revenue benchmark in the year before last, having registered a valuation of around USD 3.3 billion in 2016. These massive proceeds can be majorly credited to the ever-changing dynamics of the automotive sector, the evolution of the EV era, and the innumerable changes brought about in vehicle production, thanks to the extensive advancements in automobile technology. With more and more automotive giants exploring novel methodologies to enhance automobile speed, safety, performance, and functioning, rear spoiler industry size is likely to soar high in the ensuing years. Recently, Mercedes-AMG, one of the most notable players in rear spoiler market, unveiled a video featuring its GT sedan, which clearly depicts the improved features added to the vehicle, rear spoilers being the focal point. Apparently, the sedan flaunts a vertical-slat Panamericana grille, LED headlights equipped with J-shaped running lights, and a completely functional active rear spoiler.

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It remains no doubt therefore, that India would be a major growth ground for the expansion of rear spoiler market. In 2015, the Indian Government collected funds of USD 11.55 million to enhance the production of hybrid and electric vehicles. In 2017, this budget is reported to have increased by 42%. Thus, the surge in the demand for green vehicles coupled with beneficial government initiatives are likely to impel EV and SUV production, which would undeniably have a major impact on India rear spoiler industry.

Top Key Players:-     

The key players of global Rear Spoiler Market are Albar Industries, Inc., Mercedes-AMG GmbH, Changzhou Huawei, DAR Spoilers, Magna International, Inc., Mitsubishi, Plastic Omnium and Polytec Group.

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.

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Major Points of Table Of Content:-

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry Insights and validation

1.1.4    Definitions, assumptions & forecast parameters

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2    Executive Summary

2.1    Rear spoiler industry 3600 synopsis, 2013 - 2024

2.1.1    Business trends

2.1.2    Technology trends

2.1.3    Material trends

2.1.4    Fuel trends

2.1.5    Vehicle trends

2.1.6    End-use trends

2.1.7    Regional trends

Chapter 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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With increased global focus on manufacturing hybrid and electric vehicles, equipped with smart features, rear spoilers market outlook has been forecast to be rather dynamic in the ensuing years. As per a report compiled by Global Market Insights, Inc., rear spoiler market size has been estimated to surpass the 5-billion-dollar mark by 2024, given the increasing popularity of these component in SUVs and hatchback cars. In essence, with changing consumer preferences regarding luxury automobiles and a paradigm shift in technology deployment in vehicle manufacturing, rear spoiler industry is certain to chart out a rather lucrative growth path in the years ahead.

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