Market Overview:
The global air deflector market is estimated to be valued at USD 1.5 billion in 2018 and is projected to reach USD 2.4 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the air deflector market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Air deflectors are used in passenger cars and commercial vehicles for various applications such as OEMs, aftermarket, and others (such as racing).
Product Definition:
An air deflector is a device used to redirect airflow. It can be used to improve the efficiency of an HVAC system or to protect against weather damage.
Casting:
Casting is the process of making a mold or pattern to create an object. It is used in various applications such as foundry, machine parts manufacturing, and tooling. The most commonly used metal for casting is aluminum since it can be easily obtained and has a low melting point. Other metals that are often used include zinc, copper alloys (bronze), iron alloys (brass), titanium, magnesium alloy metal among others.
Molding:
Molding is a manufacturing process of creating two-dimensional or three-dimensional shapes from raw material. In the automotive industry, it is used to produce air ducts and other components that are installed in vehicles. The major applications include car air conditioning systems, power trains, and fuel cells.
Application Insights:
The OEM application segment dominated the global air deflector market in 2017, accounting for over 60% of the overall revenue share. The demand for OEM products is generally higher as they are manufactured using high-quality raw materials and advanced technologies under strict quality controls. Furthermore, stringent government regulations on vehicle emissions coupled with rising fuel prices have compelled automotive manufacturers to adopt more efficient air intake systems in their vehicles, thereby driving the demand for aftermarket products.
Air deflectors are used to direct airflow into an engine bay or onto a specific location within an engine bay so that hot air discharged from a vehicle's exhaust system can be channeled towards the rear of an automobile without entering through driver's side window opening or directly hitting driver's face while he/she is sitting inside car cabin. This factor has led to increased usage of casting type air deflectors which are relatively cheaper than vacuum forming type ones and easier to install as well as remove compared to molded product counterparts.
Regional Analysis:
North America dominated the global air deflector market in 2017. The region is expected to maintain its position over the forecast period. Increasing demand for light weight vehicles coupled with stringent CAFE regulations are likely to remain key factors influencing the growth of this regional market.
Asia Pacific is estimated to be one of the fastest growing regions during the forecast period owing to increasing production facilities by OEMs and rising consumer disposable income levels in emerging economies such as India and China.
Growth Factors:
- Increasing demand for air deflectors in the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Growing demand for air deflectors from the construction sector due to the increasing number of construction projects across the globe.
- Rising demand for air deflectors from the HVAC industry on account of growing awareness about energy-efficient cooling systems among consumers.
- Increasing use of air deflectors in various industrial applications such as metal processing, food and beverage processing, and pharmaceuticals manufacturing, among others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Deflector Market Research Report
By Type
Casting, Molding, Vacuum Forming
By Application
OEM, Aftermarket
By Companies
Hatcher Components, Peidmont Plastics, Spoiler factory, DGA, ELLEDI, Lund International, Hatcher Components
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Air Deflector Market Report Segments:
The global Air Deflector market is segmented on the basis of:
Types
Casting, Molding, Vacuum Forming
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hatcher Components
- Peidmont Plastics
- Spoiler factory
- DGA
- ELLEDI
- Lund International
- Hatcher Components
Highlights of The Air Deflector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Casting
- Molding
- Vacuum Forming
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Deflector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air deflector is a device that uses an airstream to reduce the amount of air turbulence created by the movement of aircraft.
Some of the key players operating in the air deflector market are Hatcher Components, Peidmont Plastics, Spoiler factory, DGA, ELLEDI, Lund International, Hatcher Components.
The air deflector market is expected to register a CAGR of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Deflector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Deflector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Deflector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Deflector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Deflector Market Size & Forecast, 2020-2028
4.5.1 Air Deflector Market Size and Y-o-Y Growth
4.5.2 Air Deflector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Casting
5.2.2 Molding
5.2.3 Vacuum Forming
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Deflector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Deflector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Casting
9.6.2 Molding
9.6.3 Vacuum Forming
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Casting
10.6.2 Molding
10.6.3 Vacuum Forming
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Casting
11.6.2 Molding
11.6.3 Vacuum Forming
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Casting
12.6.2 Molding
12.6.3 Vacuum Forming
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Casting
13.6.2 Molding
13.6.3 Vacuum Forming
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Deflector Market: Competitive Dashboard
14.2 Global Air Deflector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hatcher Components
14.3.2 Peidmont Plastics
14.3.3 Spoiler factory
14.3.4 DGA
14.3.5 ELLEDI
14.3.6 Lund International
14.3.7 Hatcher Components
