Global Automotive Rear Spoiler Industry: Best Market Trends and Useful Forecast Estimation till 2022

Automotive rear spoiler creates high pressure that pushes down on the rear of the care. Manufacturers have developed automated spoiler for the cars, the angle and position of the air can be changed in the automated rear spoiler by increasing height of the rear spoiler. On the other hand, automotive rear spoiler manufacturers are also focusing on offering rear spoiler made using carbon fiber as it is durable and lightweight. However, it is a very expensive material. This Fact.MR report discusses key prospects for growth of global automotive rear spoiler market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

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Scope

The scope of the report is to analyze the global automotive rear spoiler market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive rear spoiler manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

In a bid to keep readers up-to-date on the latest developments in the global automotive rear spoiler market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

The Fact.MR report on the global automotive rear spoiler market offers in-depth and segment-wise analysis and forecast. The global market for automotive rear spoiler is segmented on the basis of material type, sales channel, vehicle type, technology type, and region. This segmentation also provides country-wise analysis on all the major parameters of the automotive rear spoiler market.

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Forecast Highlights on Global Automotive Rear Spoiler Market

1- Europe is likely to remain dominant in the global automotive rear spoiler market. By the end of 2017, Europe automotive rear spoiler market is estimated to account for more than one-fourth of the revenue share on global revenue. Growing market and production of luxury and sports cars is boosting the Europe automotive rear spoiler market.

2- Asia Pacific Excluding Japan (APEJ) is likely to witness strong growth during the forecast period. APEJ automotive rear spoiler market is estimated to reach close to US$ 900 million revenue by the end of 2022. Rising vehicle production and increasing installation of spoiler in the MVPs, SUVs, and hatchbacks are some of the factors fueling the growth of the automotive rear spoiler market in APEJ.

3- Fiberglass is likely to emerge as one of the most preferred materials for the automotive rear spoiler. Fiberglass is estimated to account for nearly one-third of the revenue share by the end of 2017. Meanwhile, carbon fiber will also witness strong growth during the forecast period.

4- Sales of the automotive rear spoiler is likely to be highest through Aftermarket. By the end of 2022, the aftermarket is estimated to reach nearly US$ 2,800 million revenue.

5- Mid-sized passenger cars are likely to dominate the global automotive rear spoiler market. By the end of 2022, mid-sized passenger cars are estimated to reach close to US$ 900 million revenue.

6- Injection molding technology is likely to be the largest used technology in the automotive rear spoiler market. Accounting for nearly two-fifth of the revenue share by the end of 2017, injection molding is estimated to create an incremental opportunity of more than US$ 300 million during 2017-2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global automotive rear spoiler market through 2022, which include Plastic Omnium SA, Magna International, Inc., POLYTEC Holding AG, SMP Deutschland GmbH, Albar Industries Inc., Rehau Limited, and SRG Global.

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About Fact.MR

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This release was published on openPR.