Market Overview:
The global automotive aerodynamic system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The global automotive aerodynamic system market is segmented on the basis of type, application and region. On the basis of type, the global automotive aerodynamic system market is segmented into active system and passive system. Active systems are further sub-segmented into spoiler, air dam and wings while passive systems are further sub-segmented into underbody panels, side skirts and wheel covers/spokes. In terms of value share, active systems dominated the global automotive aerodynamic system market in 2017 and are expected to maintain their dominance throughout the forecast period. This can be attributed to increasing demand for performance cars with better fuel efficiency levels across different regions globally.
Product Definition:
An automotive aerodynamic system is a device or assembly of devices used on a motor vehicle to improve its aerodynamic performance. Automotive aerodynamic systems are important because they can improve the fuel economy and handling of a vehicle.
Active System:
The Active System is a part of the total aerodynamic package that includes front and rear suspension, steering system, braking system and any other active components such as electronically adjustable dampers or anti-roll bars. The automotive industry has been witnessing an increase in sales of sports cars owing to the growing demand for enhanced performance vehicles among consumers. This trend is expected to drive market growth over the forecast period.
Passive System:
Passive aerodynamic systems are the set of devices that work without any energy being converted from an external source. The system works by using the air movement around, over or under the vehicle to create a flow of air that reduces drag and increases speed.
The automotive industry has been witnessing a steady growth in terms of sales and production worldwide for many years now; however, there has always been room for improvement in terms of fuel efficiency and reduction in CO2 emissions from vehicles.
Application Insights:
The light-duty vehicles application segment accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The segment growth can be attributed to increasing demand for passenger cars in developing countries, such as India, China and Brazil. In addition, growing sales of light commercial vehicles are also anticipated to contribute significantly towards the market growth during the same period owing to their increased efficiency at high speeds and better aerodynamics at high speeds.
Heavy commercial vehicle (HCV) applications are expected to witness significant growth on account of increasing demand from developing countries in Asia Pacific and Latin America regions due to rising importance on transportation services with improved quality coupled with economic benefits among customers across various industries including mining, construction etc., which has resulted in an increased need for efficient heavy-duty trucks that offer enhanced performance while transporting goods thus contributing towards market penetration during future phases of development.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand from U.S., Canada, and Mexico. Active aerodynamic systems are used extensively in North American automotive industry due to stringent regulations by government agencies such as National Highway Traffic Safety Administration (NHTSA), Environmental Protection Agency (EPA) etc.
Asia Pacific is anticipated to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing with growing sales of premium cars and small vehicles in countries such as India, China, South Korea, Indonesia among others which will drive product adoption over next eight years.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global automotive aerodynamic system market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for fuel-efficient vehicles, as they offer better mileage and reduced emissions.
- Stringent emission norms: Stringent emission norms across different countries are also propelling the growth of the global automotive aerodynamic system market. For instance, in Europe, Euro 6 emission norm was introduced in September 2014 and it mandates that all new passenger cars must meet specific emissions limits from January 1, 2017 onwards.
- Rising popularity of electric vehicles: The rising popularity of electric vehicles is another key factor driving the growth of the global automotive aerodynamic system market as these vehicles are more sensitive to drag than traditional internal combustion engine (ICE) cars. Electric cars typically have a much larger frontal area compared to ICE cars which increases air resistance and results in higher energy consumption rates per mile travelled – making an effective aerodynamic design critical for their efficiency performance..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Aerodynamic System Market Research Report
By Type
Active System, Passive System
By Application
Light Duty Vehicles, Heavy Commercial Vehicles, Racing Vehicles
By Companies
Magna Exteriors, Roechling Automotive, Plastic Omnium, SMP Deutschland, Valeo, SRG Global, Polytec Holding, Ap Plasman, Inoac, Rehau Group, P.U. Tech Industry, Brose Fahrzeugteile, Hbpo, Spoiler Factory, Batz, Piedmont Plastics, Airflow Deflector, Hilton Docker Mouldings, Johnson Electric, Sonceboz
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Aerodynamic System Market Report Segments:
The global Automotive Aerodynamic System market is segmented on the basis of:
Types
Active System, Passive System
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
Light Duty Vehicles, Heavy Commercial Vehicles, Racing Vehicles
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:
- Magna Exteriors
- Roechling Automotive
- Plastic Omnium
- SMP Deutschland
- Valeo
- SRG Global
- Polytec Holding
- Ap Plasman
- Inoac
- Rehau Group
- P.U. Tech Industry
- Brose Fahrzeugteile
- Hbpo
- Spoiler Factory
- Batz
- Piedmont Plastics
- Airflow Deflector
- Hilton Docker Mouldings
- Johnson Electric
- Sonceboz
Highlights of The Automotive Aerodynamic System 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:
- Active System
- Passive System
- By Application:
- Light Duty Vehicles
- Heavy Commercial Vehicles
- Racing Vehicles
- 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 Automotive Aerodynamic System 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:
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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 automotive aerodynamic system (AES) is a component of the vehicle that uses air flow to reduce drag and improve fuel economy. The AES consists of a number of devices, including air intakes, air ducts, and exhaust systems.
Some of the major companies in the automotive aerodynamic system market are Magna Exteriors, Roechling Automotive, Plastic Omnium, SMP Deutschland, Valeo, SRG Global, Polytec Holding, Ap Plasman, Inoac, Rehau Group, P.U. Tech Industry, Brose Fahrzeugteile, Hbpo, Spoiler Factory, Batz, Piedmont Plastics, Airflow Deflector, Hilton Docker Mouldings, Johnson Electric, Sonceboz.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Aerodynamic System 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 Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size & Forecast, 2018-2028
4.5.1 Automotive Aerodynamic System Market Size and Y-o-Y Growth
4.5.2 Automotive Aerodynamic System Market Absolute $ Opportunity
Chapter 5 Global Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Type
5.2.1 Active System
5.2.2 Passive System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Applications
6.2.1 Light Duty Vehicles
6.2.2 Heavy Commercial Vehicles
6.2.3 Racing Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Aerodynamic System 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 Automotive Aerodynamic System 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 Automotive Aerodynamic System Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Type
9.6.1 Active System
9.6.2 Passive System
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 Automotive Aerodynamic System Market Size Forecast by Applications
9.10.1 Light Duty Vehicles
9.10.2 Heavy Commercial Vehicles
9.10.3 Racing Vehicles
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 Automotive Aerodynamic System Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Type
10.6.1 Active System
10.6.2 Passive System
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 Automotive Aerodynamic System Market Size Forecast by Applications
10.10.1 Light Duty Vehicles
10.10.2 Heavy Commercial Vehicles
10.10.3 Racing Vehicles
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 Automotive Aerodynamic System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Type
11.6.1 Active System
11.6.2 Passive System
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 Automotive Aerodynamic System Market Size Forecast by Applications
11.10.1 Light Duty Vehicles
11.10.2 Heavy Commercial Vehicles
11.10.3 Racing Vehicles
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 Automotive Aerodynamic System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Aerodynamic System 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 Automotive Aerodynamic System Market Size Forecast by Type
12.6.1 Active System
12.6.2 Passive System
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 Automotive Aerodynamic System Market Size Forecast by Applications
12.10.1 Light Duty Vehicles
12.10.2 Heavy Commercial Vehicles
12.10.3 Racing Vehicles
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) Automotive Aerodynamic System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Aerodynamic System 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) Automotive Aerodynamic System Market Size Forecast by Type
13.6.1 Active System
13.6.2 Passive System
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) Automotive Aerodynamic System Market Size Forecast by Applications
13.10.1 Light Duty Vehicles
13.10.2 Heavy Commercial Vehicles
13.10.3 Racing Vehicles
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 Automotive Aerodynamic System Market: Competitive Dashboard
14.2 Global Automotive Aerodynamic System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magna Exteriors
14.3.2 Roechling Automotive
14.3.3 Plastic Omnium
14.3.4 SMP Deutschland
14.3.5 Valeo
14.3.6 SRG Global
14.3.7 Polytec Holding
14.3.8 Ap Plasman
14.3.9 Inoac
14.3.10 Rehau Group
14.3.11 P.U. Tech Industry
14.3.12 Brose Fahrzeugteile
14.3.13 Hbpo
14.3.14 Spoiler Factory
14.3.15 Batz
14.3.16 Piedmont Plastics
14.3.17 Airflow Deflector
14.3.18 Hilton Docker Mouldings
14.3.19 Johnson Electric
14.3.20 Sonceboz
