Press release
The Global Automotive Rear Spoiler Market Is Forecast To Surpass USD 7.1 Billion By 2032, Growing At A CAGR Of 6.9%
Automotive Rear Spoiler Market
Manufacturers are investing in research and development to provide cars or vehicles with superior aesthetic form, which is expected to enable speedy expansion of the automotive rear spoiler market by 1.3X during forecast years.
Fact.MR projects the automotive rear spoiler market is expected to witness exhibiting growth at 6.9% CAGR during 2022 and 2032 in comparison to a CAGR of 4.9% with which it grew from 2017 and 2021.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ ๐ ๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐๐๐ฅ๐ & ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ):https://www.factmr.com/connectus/sample?flag=S&rep_id=295
๐๐ฌ๐๐๐ฅ๐๐ญ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ญ๐จ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
As the addition of a rear spoiler reduces the lift of the car, it does not add any weight to the car. Consumers are less likely to lose control over their car as automotive rear spoilers help to keep the car stable at higher speeds. Having a spoiler can take down the weight of the car, which is estimated to provide a gain of 230 BPS to the automotive rear spoiler system market in the coming years.
Additionally, the automotive rear spoilers are made out of lightweight materials, thereby improving and enhancing the driving experience. As the rear spoiler reduces the drag of the car, it fuels efficiency, saves money in tandem with the environment. Thus, growing environmental consciousness is aiding market growth. The escalating demand for lightweight vehicles is also boosting market demand by 1.6X in the coming years.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ซ ๐๐ฉ๐จ๐ข๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
By Material Type, Global Automotive Rear Spoiler Market is segmented as:
โข ABS Plastic
โข Carbon Fiber
โข Fiberglass
โข Steel
By Technology Type, Global Automotive Rear Spoiler Market is segmented as:
โข Blow Molding Automotive Rear Spoiler System
โข Injection Molding Automotive Rear Spoiler System
โข Reaction Injection Molding Automotive Rear Spoiler System
By Vehicle Type, Global Automotive Rear Spoiler Market is segmented as:
โข Passenger Vehicles
โข Commercial Vehicles
By Sales Channel, Global Automotive Rear Spoiler Market is segmented as:
โข OEM
โข Aftermarket
By Region, Global Automotive Rear Spoiler Market is segmented as:
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia
โข Oceania
โข MEA
๐๐๐ญ๐๐ ๐จ๐ซ๐ฒ-๐ฐ๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ก๐ข๐๐ก ๐ฆ๐๐ญ๐๐ซ๐ข๐๐ฅ ๐ญ๐ฒ๐ฉ๐ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ซ ๐๐ฉ๐จ๐ข๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฌ๐ฌ๐๐ฌ๐ฌ๐ฆ๐๐ง๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐จ๐ ๐๐๐๐-๐๐๐๐?
The automotive rear spoilers are made out of different materials such as plastic, fiber, steel, and fiberglass etc. Amongst them, plastic occupies the largest market share of 28.9%. Owing to the low cost of plastic material and its easy availability for producing rear spoilers, this segment is projected to grow at a CAGR of 7.2% during the assessment period of 2022-2032.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=295
๐๐ก๐ข๐๐ก ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ญ๐ฒ๐ฉ๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐๐๐๐จ๐ฎ๐ง๐ญ ๐๐จ๐ซ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ซ ๐๐ฉ๐จ๐ข๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ?
Based on the technology type, blow molding automotive rear spoiler holds 37.6% of the overall market share of the automotive rear spoiler market. The segment is projected to grow at a CAGR of 7.3% during the forecast years owing to the low price of this technology as compared to other technologies that are used in the manufacturing of automotive rear spoilers. Additionally, blow molding technology can be used with different raw materials simultaneously, which is estimated to provide a gain of 185 BPS in the coming forecast years of 2022-2032.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: ๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ซ ๐๐ฉ๐จ๐ข๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
The global automotive rear spoiler market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced automotive rear spoiler.
Fact.MR has provided detailed information about price points of top manufacturers in automotive rear spoiler market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
1. Magna International Inc. acquired Optimus Ride in 2022. In 2021, it also announced the acquisition of a leader in automotive safety technology, Veoneer. This acquisition will provide Magna, access to new consumers and regions. The ADAS business of Magna will operate drive policy software platform and sensor perception as an independent business unit. The acquisition will strengthen the global engineering and talent base of Magna.
2. Standard Motor Products, Inc. in 2021 announced the acquisition of Stabil Operative Group GmbH. Stabil Group manufactures and distributes a variety of components such as control units, electronic sensors, clamping devices etc. This acquisition is expected to provide the opportunity to expand the product portfolio, provide experienced sales and engineering teams, enhance manufacturing footprint, and create positive synergies for the company.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐:
โข Plastic Omnium SA
โข Magna International Inc.
โข POLYTEC Holding AG
โข Albar Industries Inc.
โข Rehau Limited
โข SRG Global
๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐จ๐ฎ๐ซ ๐๐๐ฒ๐๐๐ฅ ๐๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐ฉ๐ญ๐ข๐จ๐งhttps://www.factmr.com/checkout/295
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of aircraft pumps across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of aircraft pumps during the forecast period. Price point comparison by region with global average price is also considered in the study.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.prnewswire.com/news-releases/mobile-payment-market-to-register-30-cagr-surpassing-us-590-bn-by-2032-301491481.html
https://www.prnewswire.com/news-releases/delayed-coker-unit-process-technology-market-to-reach-us-360-mn-amid-rising-capacity-addition-in-refineries-301491491.html
https://www.prnewswire.com/news-releases/growing-investments-to-support-blockchain-technology-market-growth-reaching-us-3-2-trillion--factmr-report-301491483.html
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