Rear Spoiler Market Research Report - Global Forecast to 2023

1
Rear Spoiler Market Research Report - Global
Forecast to 2023
2

• Rear Spoiler Market Information Report by Fuel
  Type (ICE,BEV, and Others), Material (ABS, Carbon
  Fibre, Fibre Glass, and Sheet Metal), Technology
  (Blow Molding, Injection and Reaction Injection
  Molding), Vehicle Type ( Hatchback, SUV, Others),
  and region.
• Market Scenario
• A rear spoiler is the automatic aerodynamic
  component that is designed for undesirable air
  movement across the body when a vehicle is in
  motion. Spoilers are mainly used in high end
  sports cars. Nowadays, they are also installed in
  passenger vehicles for styling. In sports cars,
  the air movement affects the balance of the car.
  This air movement affects the movability of the
  car, which can lead to accidents. To cut the air
  flow, rear spoiler are used widely to reduce the
  chance of accidents. Innovation in technology is
  important to determine the market share of the
  company in the automotive industry. If the
  company is highly innovative, the market share
  will also be greater. In case of rear spoiler
  market, the technology used is not very complex.
  So, the technology progress is moderate. Various
  materials are used to make rear spoilers,
  efficient and durable. In future, ABS rear
  spoiler are going to be a trend due to the light
  weight property and improved fuel efficiency.
  This shows that technology is one of the
  important factors affecting the sales of the
  automotive industry.
• Technology innovation in materials, growth in the
  automotive industry, and boost in SUV production,
  also drive the market growth during the forecast
  period. The rear spoiler market is completely
  dependent on the automotive industry.

3

• Thus the increase or decrease in demand of the
  automotive industry, directly, has an impact on
  the market. The total vehicle production for the
  year 2015 was almost 90 million units and is
  expected to witness further boost and reach more
  than 100 million units by the year 2023. The
  income levels of individuals in the recent past
  has steadily been increasing, resulting in higher
  disposable income, among individuals. With the
  rising disposable income among individuals,
  emerges the scope of increasing expenditure
  across various industries such as automotive
  industry. Thus the growth of the rear spoiler
  market is expected to go hand in hand with the
  automotive industry. Technology innovation for
  reducing the overall weight of the vehicle, is
  expected to drive the market. Reduction in the
  weight of the spoiler, will improve the fuel
  efficiency, which will, indirectly, drive the
  growth of the rear spoiler market during the
  forecast period. The market for rear spoiler has
  witnessed tremendous growth, lately, and is
  expected to grow rapidly during the forecast
  period. Despite the rapid growth of the rear
  spoiler market, the fluctuation in raw materials
  cost associated with rear spoiler, poses a
  threat. Moreover, development in vehicles and
  aesthetic features, requires constant research
  development support, thus resulting in extensive
  capital investment at a constant rate. This might
  also restrain the market.
• The rear spoiler market is segmented based on
  fuel type, material, technology, and vehicle
  type. On the basis of fuel type, the market is
  segmented as ICE, BEV, and Others. The Internal
  Combustion Engine (ICE) is expected to dominate
  the market during the forecast period due to the
  enhancement of cars aerodynamic properties. Rear
  Spoiler is used to enhance the aerodynamic
  property and to maintain the car balance at high
  speeds. Due to the increase in accidents, and
  safety concerns regarding internal combustion
  engine, rear spoilers are widely used.

4

• This increase in the use of rear spoiler is
  expected to drive the market during the forecast
  period. Based on material, the market is
  segmented as ABS, carbon fibre, fibre glass, and
  sheet metal. ABS segment is expected to dominate
  the market during the forecast period due to the
  light weight property and improved fuel
  efficiency. On the basis of technology, the
  market is segmented as blow, injection and
  reaction injection molding. The blow molding
  segment is expected to dominate the market during
  the forecast period due to high demand of blow
  molding used in the manufacturing of rear
  spoiler.
• Rear Spoiler Market, By Segmentation
• On the basis of region, the market is segmented
  as North America, Asia Pacific, Europe, and Rest
  of the World. North America is expected to
  account for the largest market share during the
  forecast period. In North America, automobile
  manufacturers will continue to see an increase in
  the sales of the passenger cars. The increase in
  demand of the new vehicles will enable the growth
  of the auto components suppliers. The automotive
  manufacturers have shifted their preference from
  small cars to higher-value pickups and SUVs. This
  will enable more installation of rear spoiler on
  SUVs and pickup vans for transportation. Asia
  Pacific is expected to have a higher CAGR during
  the forecast period due to the increase in demand
  of rear spoiler in emerging economies such as
  India, China, and Japan.
• Enquiry before Buying _at_ https//www.marketresearch
  future.com/enquiry/5126

5

• Market Segmentation

Key Players The key players in global rear
spoiler market are Magna International Inc.
(Canada), Plastic Omnium (France), SMP Automotive
(Germany), and Polytec Group (Austria), Albar
Industries, Inc. (U.S.), Mercedes-AMG GmbH
(Germany), Changzhou Huawei (China), DAR Spoilers
(U.S.), P.U. Tech Spoiler (Malaysia), and SRG
Global (U.S.). Access Full Report_at_
https//www.marketresearchfuture.com/reports/rear-
spoiler-market-5126
6
About Market Research Future

• At Market Research Future (MRFR), we enable our
  customers to unravel the complexity of various
  industries through our Cooked Research Report
  (CRR), Half-Cooked Research Reports (HCRR), Raw
  Research Reports (3R), Continuous-Feed Research
  (CFR), and Market Research Consulting Services.
• MRFR team have supreme objective to provide the
  optimum quality market research and intelligence
  services to our clients. Our market research
  studies by products, services, technologies,
  applications, end users, and market players for ,
  regional, and country level market segments,
  enable our clients to see more, know more, and do
  more, which help to answer all their most
  important questions.
• In order to stay updated with technology and work
  process of the industry, MRFR often plans
  conducts meet with the industry experts and
  industrial visits for its research analyst
  members.
• Know more _at_ http//www.marketresearchfuture.com/ab
  out-us