Technological Advancements in Rear Spoiler Market

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Rear Spoiler Market worth 3.69 Billion USD by 2022
www.MarketsandMarkets.com
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Rear Spoiler Market by Fuel (ICE, BEV), Vehicle
Type (Hatchback, SUV, MPV), Material (ABS, Carbon
Fibre, Fibre Glass, Sheet Metal), Technology
(Blow, Injection and Reaction Injection Molding),
and Region - Global Forecast to 2022 The rear
spoiler market was valued at USD 2.33 Billion in
2016 and is projected to grow at a CAGR of 7.40
during the forecast period. The base year
considered for the study is 2016 and the forecast
period is 2017 to 2022. Factors such as
increasing stringency of emission norms,
regulations about fuel economy, and growing
demand for SUVs and MPVs across the globe are
driving the growth of the automotive rear spoiler
market. PDF Brochure _at_ https//www.marketsandmark
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Injection Molding A high growth potential
market The global rear spoiler market, by
technology type, is expected to be dominated by
blow molding, followed by injection molding and
reaction injection molding. However, the market
for injection molding is estimated to grow at the
highest CAGR during the forecast period.
Injection molding provides better precision and
high manufacturing rate at a lesser cost than
reaction injection molding. However, blow molding
is estimated to have the largest share of the
rear spoiler market during the forecast period.
Simple usage and low cost are the key factors
driving the demand for blow molding.
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Battery electric vehicle and Hybrid Electric
Vehicle Promising vehicle segments for spoiler
manufacturers Hybrid Electric Vehicle (HEV) is
estimated to account for the largest share of the
rear spoiler market among the electric vehicle
types (BEV, HEV, and PHEV). The HEV segment is
expected to continue its market dominance during
the forecast period. Modern HEVs are enabled with
efficiency-improved technology such as
regenerative brakes, electric motor drive, and
automatic start/shut-off. The rear spoiler helps
to improve the efficiency of the electric vehicle
as it saves energy by improving the design of the
electric vehicle. These technological advantages
have made HEVs successful in recent
years. RequestSample_at_ https//www.marketsandmarke
ts.com/requestsample.asp?id255533664
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Asia-Pacific Largest market for rear
spoiler Asia-Pacific is estimated to account for
the largest share, by value and volume, of the
rear spoiler market in 2017. Also, in terms of
growth, the Asia-Pacific market is projected to
grow at the highest CAGR during the forecast
period. Developing economies such as China and
India are expected to play a major role on the
backdrop of increasing vehicle production. Also,
increasing installation of rear spoiler in
vehicles such as Hatchbacks, SUVs, and MPVs and
stringent emission and safety norms have boosted
the demand for the rear spoiler in the
Asia-Pacific region
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Browse gtgt 72 market data
tables 40 figures
144 pages and in-depth TOC on Rear
Spoiler Market Global Forecast to
2022 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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