Press release
Aerodynamic Market Set to Reach US$ 32.77 Billion by 2025 - Top Players are Magna (Canada) and Roechling Automotive (Germany) and Driven Light Duty Vehicles and Heavy Commercial Vehicles
Aerodynamic market study contains insights provided by various industry experts, ranging from automotive aerodynamic application manufacturers to automobile OEMs and various automotive associations. Report provides comprehensive information on aerodynamic applications offered by top players in industry for automotive market.Access Free Study Papers of Aerodynamic Market spread across 139 Pages, Profiling 20 Companies and Supported with 81 Tables and 43 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1608626 .
Some of key players in aerodynamic market for automotive are Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), and Valeo (France). A key factor restraining growth of this market is difference of opinions between vehicle designers and engineers while experimenting with new aerodynamic applications.
“Report provides detailed insights into upcoming technologies, R&D activities, & new product launches in aerodynamic market for automotive.”
The active aerodynamic system segment is projected to have the highest growth rate, by value, in the aerodynamic market for automotive by 2025. This is because this is an advanced offering that guarantees higher fuel economy as well as better aesthetics. The price of these systems is currently high but is bound to decrease in the next 5-8 years, with their increasing adoption of mid-priced and economy LDVs as well as luxury HCVs.
The ecosystem of the aerodynamic market for automotive consists of established automotive aerodynamic application manufacturers such as Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), Valeo (France), SRG Global, Inc. (US), Polytec Holding AG (Austria), AP Plasman (Canada), INOAC Corporation (Japan), Rehau Ltd. (Switzerland), PU Tech Industry Sdn. Bhd (Malaysia), Brose Fahrzeugteile GmbH & Co. KG (Australia), HBPO GmbH (Germany), Spoiler Factory (Australia), Batz, S Coop. (Spain), Piedmont Plastics, Inc. (US), Airflow Deflector Inc. (US), and a few globally-established suppliers such as Hilton Docker Mouldings Ltd. (UK), Johnson Electric Holdings Ltd. (Hong Kong), and Sonceboz (Switzerland).
The key growth drivers of aerodynamic market are the flourishing demand for faster and sophisticated vehicles, better mileage, weight reduction, and increased stability of the vehicles. The aerodynamic market for automotive is projected to grow at a CAGR of 4.77% from 2018 to 2025. The market is estimated to be USD 23.65 billion in 2018 and is projected to reach USD 32.77 billion by 2025.
Click Here for More Information on Aerodynamic Market with Top Trends and Global Forecast at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1608626 .
Aerodynamic application mechanisms, especially passive aerodynamic systems have become an integral part of light-duty vehicles. While they are primarily incorporated for reduction in fuel consumption and visual appeal, some LDV manufacturers also have them in their models to stay competitive in the market. The research methodology used in the report involves primary and secondary sources and follows a bottom-up approach for the purpose of data triangulation. The study involves the country-level OEM and model-wise analysis of the aerodynamic market for automotive. This analysis involves historical trends as well as existing market penetrations by country as well as vehicle class.
#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Aerodynamic Market for Automotive, By Electric Vehicle Type
8 Aerodynamic Market for Automotive, By Mechanism
9 Aerodynamic Market for Automotive, By Vehicle Type
10 Aerodynamic Market for Automotive, By Application and Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
Click now for more information on this research of “Aerodynamic Market for Automotive by Application, by EV Type (BEV and HEV), Mechanism (Active System and Passive System), Vehicle Type (Light Duty Vehicles and Heavy Commercial Vehicles), and Region (APAC, Europe, North America) - Global Forecast to 2025” report at https://www.reportsnreports.com/contacts/discount.aspx?name=1608626 .
Active aerodynamic system segment is projected to have the highest growth rate, by value, in the aerodynamic market for automotive by 2025. This is because this is an advanced offering that guarantees higher fuel economy as well as better aesthetics. The price of these systems is currently high but is bound to decrease in the next 5-8 years, with their increasing adoption of mid-priced and economy LDVs as well as luxury HCVs.
Target Audience
• Original equipment manufacturers (OEMs) of automobiles
• Manufacturers of automotive aerodynamic parts
• Material providers for automotive aerodynamic parts
• Automotive Parts Manufacturers’ Association (APMA)
• Chemicals and plastic manufacturers
• Suppliers of automotive Computational Fluid Dynamics (CFD)
Aerodynamic application mechanisms, especially passive aerodynamic systems have become an integral part of light-duty vehicles. While they are primarily incorporated for reduction in fuel consumption and visual appeal, some LDV manufacturers also have them in their models to stay competitive in the market. Hence, the automotive aerodynamics market is proportionately increasing with the production volumes of LDVs. Thus, the LDV segment has the highest market share in the automotive aerodynamics market.
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