Market Overview:
The global automotive rear spoiler 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%. The market growth can be attributed to the increasing demand for SUVs and sedans across the globe. Additionally, the growing trend of customization in automobiles is also expected to boost the demand for automotive rear spoilers over the forecast period. On the basis of type, wing-shaped spoilers are anticipated to account for a major share of the global automotive rear spoiler market during 2018-2030. Wing-shaped spoilers are generally used on high performance cars as they provide downforce at high speeds, thereby improving traction and handling. Decorative spoilers are also expected to witness significant growth during 2018-2030 owing their ability to enhance vehicle aesthetics without compromising its performance or safety features. SUVs are anticipated to be one of key applications segments for automotive rear spoilers during 2018-2030. The popularity of SUVs has been surging globally in recent years due their combination if style and functionality offered by these vehicles as compared with other types such as sedans or hatchbacks .
Product Definition:
An automotive rear spoiler is a device attached to the back of a car to improve its aerodynamics by increasing downforce.
Wing-Shaped Spoiler:
The wing-shaped spoiler is a aerodynamic device that projects from the vehicle's roof. It aids in reducing air drag, which increases fuel efficiency and overall performance of the vehicle. The automotive industry has witnessed an increase in demand for high-performance vehicles with streamlined shapes and Wing-Shaped Spoiler helps to achieve this goal.
In terms of design & growth factor, there are two types of Wing-Shaped Spoilers namely Functional.
Decorative Spoiler:
Decorative Spoiler is a device that is mounted on the rear of vehicles to improve aerodynamics. The primary function of a Decorative Spoiler is to disrupt the flow of air around, under, or over the vehicle in order to reduce drag.
The automotive industry has witnessed an increase in demand for fuel-efficient cars and this trend has been instrumental in creating growth opportunities for Decorative Spoilers manufacturers across regions.
Application Insights:
The SUV segment accounted for the largest revenue share of over 40% in 2017. The demand is generally higher in this vehicle category as rear passengers often have a better view of the road and surroundings while riding shotgun. Wing-shaped spoilers are most commonly used for SUVs, with an integrated winglet design that provides greater stability at high speeds and improves aerodynamics at lower speeds.
Decorative spoilers are gaining popularity as add-on accessories for Sedans, especially on premium models to improve aesthetic appeal and provide functionalities such as noise reduction, improved vision from inside the car along with added comfort when traveling long distances or highway cruising at speed. Spoilers can be equipped with LED lighting systems that offer decorative features along with safety functions such as light guides on either side of the vehicle to enhance visibility during night drives or trips across town.
Other applications include passenger cars.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing demand for high safety standards, stringent government regulations, and rising consumer awareness about vehicle safety features. Moreover, presence of prominent luxury car manufacturers such as BMW Group and Mercedes-Benz in Germany will drive regional growth over the next eight years.
The Asia Pacific market is anticipated to witness significant growth during the forecast period owing to rapid development of automotive industry coupled with improving economic conditions in emerging countries such as India and China will boost automobile production levels which will lead towards increased sales of rear spoilers on a larger scale than now exists globally.
Growth Factors:
- Increasing demand for luxury and sports cars
- Rising disposable income of consumers in developing countries
- Technological advancements in rear spoiler design and manufacturing process
- Growing popularity of motorsports events worldwide
- Stringent emission norms by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Rear Spoiler Market Research Report
By Type
Wing-Shaped Spoiler, Decorative Spoiler
By Application
SUV, Sedan, Others
By Companies
Magna, Samvardhana Motherson Peguform, Jiangnan MPT, AP Plasman, Plastic Omnium, SRG Global, ABC, Polytec Group, DaikyoNishikawa, Metelix, Dar Spoilers, Thairung, Eakas Corporation, P.U.TECH, Dawn, ABT
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Rear Spoiler Market Report Segments:
The global Automotive Rear Spoiler market is segmented on the basis of:
Types
Wing-Shaped Spoiler, Decorative Spoiler
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
SUV, Sedan, Others
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
- Samvardhana Motherson Peguform
- Jiangnan MPT
- AP Plasman
- Plastic Omnium
- SRG Global
- ABC
- Polytec Group
- DaikyoNishikawa
- Metelix
- Dar Spoilers
- Thairung
- Eakas Corporation
- P.U.TECH
- Dawn
- ABT
Highlights of The Automotive Rear Spoiler 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:
- Wing-Shaped Spoiler
- Decorative Spoiler
- By Application:
- SUV
- Sedan
- Others
- 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 Rear Spoiler 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
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- Consumer Insights
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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 rear spoiler is a device that attaches to the rear of a car, truck, or SUV and helps to improve aerodynamics. Rear spoilers are often made from lightweight materials such as aluminum or carbon fiber, and can be shaped in a variety of ways to improve performance. They are typically attached using fasteners such as screws or bolts, and can be raised or lowered depending on the vehicle's needs.
Some of the major players in the automotive rear spoiler market are Magna, Samvardhana Motherson Peguform, Jiangnan MPT, AP Plasman, Plastic Omnium, SRG Global, ABC, Polytec Group, DaikyoNishikawa, Metelix, Dar Spoilers, Thairung, Eakas Corporation, P.U.TECH, Dawn, ABT.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Rear Spoiler 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 Rear Spoiler Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Rear Spoiler 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 Rear Spoiler 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 Rear Spoiler Market Size & Forecast, 2020-2028 4.5.1 Automotive Rear Spoiler Market Size and Y-o-Y Growth 4.5.2 Automotive Rear Spoiler 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 Wing-Shaped Spoiler
5.2.2 Decorative Spoiler
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 SUV
6.2.2 Sedan
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Rear Spoiler 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 Rear Spoiler 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 Wing-Shaped Spoiler
9.6.2 Decorative Spoiler
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 SUV
9.10.2 Sedan
9.10.3 Others
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 Wing-Shaped Spoiler
10.6.2 Decorative Spoiler
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 SUV
10.10.2 Sedan
10.10.3 Others
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 Wing-Shaped Spoiler
11.6.2 Decorative Spoiler
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 SUV
11.10.2 Sedan
11.10.3 Others
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 Wing-Shaped Spoiler
12.6.2 Decorative Spoiler
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 SUV
12.10.2 Sedan
12.10.3 Others
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 Wing-Shaped Spoiler
13.6.2 Decorative Spoiler
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 SUV
13.10.2 Sedan
13.10.3 Others
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 Rear Spoiler Market: Competitive Dashboard
14.2 Global Automotive Rear Spoiler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magna
14.3.2 Samvardhana Motherson Peguform
14.3.3 Jiangnan MPT
14.3.4 AP Plasman
14.3.5 Plastic Omnium
14.3.6 SRG Global
14.3.7 ABC
14.3.8 Polytec Group
14.3.9 DaikyoNishikawa
14.3.10 Metelix
14.3.11 Dar Spoilers
14.3.12 Thairung
14.3.13 Eakas Corporation
14.3.14 P.U.TECH
14.3.15 Dawn
14.3.16 ABT