Press release
Automotive Aerodynamic Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2033
Automotive Aerodynamic Market
As per the report, the automotive aerodynamic market size has grown strongly in recent years. It will grow from $26.81 billion in 2023 to $28.26 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The automotive aerodynamic market size is expected to see strong growth in the next few years. It will grow to $35.08 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16596&type=smp
Rising Demand For Electric Vehicles Fueling Growth Of Automotive Aerodynamics Market
The rising demand for electric vehicles is expected to propel the growth of the automotive aerodynamics market going forward. Electric vehicles (EVs) utilize electric motors powered by stored electricity, rather than internal combustion engines, for propulsion. The rising demand for electric vehicles is due to environmental consciousness, governmental support through incentives, technological progress in batteries, reduced operational expenses, and efforts to enhance urban air quality. Automotive aerodynamics in electric vehicles (EVs) enhance efficiency by reducing drag, improving range, and optimizing stability at high speeds, ensuring maximum performance from the stored energy in their batteries. For instance, in March 2023, according to the International Energy Agency, a France-based intergovernmental organization, the electric vehicle market saw exponential growth, surpassing 10 million sales by 2022, with electric vehicles comprising 14% of all new automobile sales, up from 9% in 2021. Therefore, the rising demand for electric vehicles is driving the growth of the automotive aerodynamics market.
Automakers Innovate Aerodynamic Drag-Reducing Systems To Boost Efficiency And Performance
Major companies operating in the automotive aerodynamics market are focused on developing innovative technologies, such as aerodynamic drag-reducing systems, to enhance fuel efficiency, improve vehicle performance, and reduce carbon emissions. Aerodynamic drag-reducing systems are technologies and design strategies to minimize the resistance that a vehicle, aircraft, or other moving object encounters from the air as it moves. For instance, in January 2024, Hyundai Motor Company, a South Korean-based automotive manufacturer, launched active air skirt technology that improves vehicle aerodynamics. This cutting-edge system features active flaps integrated into the vehicle's front bumper and underbody, automatically adjusting to optimize airflow based on driving conditions. The vehicle at higher speeds deploys the flap to reduce drag, enhancing fuel efficiency and performance. Conversely, the flaps retract at lower speeds or when cooling is required to allow for better airflow to the engine and brakes.
The automotive aerodynamic market covered in this report is segmented -
1) By Component: Services, Software
2) By Mechanism: Active System, Passive System
3) By Electric Vehicles: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)
4) By Vehicle: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
5) By Application: Air Dam, Diffuser, Gap Fairing, Grille Shutter, Side Skirts, Spoiler, Wind Deflector, Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16596&type=discount
Major companies operating in the automotive aerodynamic market are Volvo Truck, Continental AG, Magna International Inc., 3M Company, Valeo SA, Plastic Omnium SA, Flex-N-Gate Corporation, Hella GmbH & Co. KGaA, Toyoda Gosei Co Ltd., Rehau Group, Röchling Group, Johnson Electric, Autoneum Holding AG, Ariel Limited, Torch Technologies Inc., Sonceboz, Scribd, SimScale, HBPO GmbH, Polytec Holding AG, Batz S Coop, Vectoflow GmbH, Dynamon
Contents of the report:
1. Executive Summary
2. Automotive Aerodynamic Market Report Structure
3. Automotive Aerodynamic Market Trends And Strategies
4. Automotive Aerodynamic Market - Macro Economic Scenario
5. Automotive Aerodynamic Market Size And Growth
…..
27. Automotive Aerodynamic Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/automotive-aerodynamic-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Aerodynamic Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2033 here
News-ID: 3629736 • Views: …
More Releases from The Business Research Company
Natural & Breathable Dog Beds Drive Innovation in the Sustainable Pet Beds Marke …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Sustainable Pet Beds Industry Market Size Be by 2025?
The sustainable pet beds market has experienced strong growth in recent years. It will expand from $2.34 billion in 2024 to $2.5 billion in 2025, reflecting a CAGR of 6.8%.
What's the Long-Term Growth Forecast for the Sustainable…
Driving Smart Polymers Market Growth in 2025: The Role of The Impact Of Automoti …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Smart Polymers Market Size Growth Forecast: What to Expect by 2025?
The smart polymers market has witnessed rapid growth in recent years. It is projected to move from $5.41 billion in 2024 to $6.1 billion in 2025, recording a CAGR of 12.7%.
How Will the Smart Polymers Market Size Evolve…
Top Market Shifts Transforming the Rainwear Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwear Market Through 2025?
The rainwear market has seen strong growth in recent years. It is forecast to increase from $3.47 billion in 2024 to $3.67 billion in 2025, at a CAGR of 5.7%. Growth historically was influenced by more frequent heavy…
Plant-Based Food Packaging Market Landscape to 2034: Key Forces Shaping the Next …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant-Based Food Packaging Market Size By 2025?
The plant-based food packaging market has grown rapidly in recent years. It is projected to rise from $6.39 billion in 2024 to $7.2 billion in 2025 at a CAGR of 12.6%. Historic growth was fueled by rising environmental…
More Releases for Aerodynamic
Electric Powerte: Aerodynamic Type Disc Suspension Toughened Glass Insulator
Short Description:
Product Name: Glass Insulator [https://www.electricpowertek.com/high-voltage-11kv-electrical-insulation-standard-disk-suspension-type-glass-insulator-product/]
Type: Aerodynamic Type
Material: Toughened Glass
Insulators are a special type of insulation control that can play an important role in overhead transmission lines. In the early years, insulators were mostly used for power poles, but gradually developed into high voltage power line connection towers with many disc-shaped insulators hanging on one end to increase the creepage distance, usually made of glass or ceramic. It's called an…
Riding the Aerodynamic Wave: Exploring the Global Rear Spoiler Market
In the dynamic world of automotive engineering, every detail counts. From engine efficiency to aerodynamic design, manufacturers continuously strive to enhance both performance and aesthetics. One such component that has garnered significant attention is the rear spoiler. As we delve into the rear spoiler market, it becomes evident that its growth trajectory is propelled by multiple factors, ranging from the demand for lightweight vehicles to the quest for enhanced vehicle…
Aerodynamic Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
The Aerodynamic Market size is expected to grow at an annual average of 4% during 2021-2027. The global aerodynamics market for automobiles is expected to grow at an alarming rate due to the growing demand for stylish and fuel-efficient vehicles. Vehicles designed based on aerodynamics can run faster and can be molded into a variety of shapes. Also, these vehicles use less fuel than other vehicles. This is because air…
Aerodynamic Bearings Market Enhancement and Developments by 2027
Transparency Market Research delivers key insights on the global air bearings market. In terms of revenue, the global air bearings market is estimated to expand at a CAGR of ~ 7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the air bearings market report.
In air bearings, the balls are replaced by a cushion of air. The most common application of air…
Automotive Aerodynamic Market Overview and Scope by 2030
The global automotive aerodynamic market is expected to grow with a CAGR of 3.9% over the forecast period from 2020 to 2030. The market was valued at $25.1 billion in 2019 and has the potential to reach $38.2 billion by the end of forecast period 2030. The market is majorly driven by some factors including rising demand of vehicles, stringent government regulation regarding minimize noise and CO2 emissions and the…
Aircraft Aerodynamic Seals Market Worth US$ 494.7 million in 2023
Stratview Research announces the launch of a new research report on aircraft aerodynamic seals market. This 244-page extensive report from Stratview Research, studies the aircraft aerodynamic seals market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Click…
