Automotive Rear Spoiler Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022

Market Overview

Global automotive rear spoiler market is likely to experience strong growth of 6.9% throughout the forecast period. The automotive rear spoiler market is projected to reach US$ 3,426.2 million revenue by 2022 end.

The automotive rear spoiler is designed to disrupt the air movement by creating the vertical force that acts on the tire by causing traction on the road. The spoiler is a wing-like design attached to the car to create unfavorable air movement across the body of the car when it is in motion.

The spoiler is made using lightweight materials such as fiberglass, ABS plastic, carbon, and silicon. However, manufacturers are also searching for new materials that are cost-effective.

Among all the materials used for manufacturing spoiler, the majority of the automotive manufacturers have started using silicon as it has a long life and its remarkable plasticity. Recently, manufacturers have also started using carbon as it is light in weight, but the high cost of this material still remains the biggest concern. However, fiberglass is still the highly preferred material among manufacturers due to the low cost of the production process.

Automotive spoiler manufacturers are also focusing on innovative technologies such as aerodynamics and active-aerodynamics to offer better performance.

Increasing production of vehicles globally and rise in use of spoiler in SUVs, hatchbacks, and MUVs are driving the market for automotive rear spoiler market. Meanwhile, manufacturers are also using new materials for the development of spoiler for vehicles.

Fiberglass to Gain Maximum Revenue Share

Fiberglass is expected to be the highly preferred material for developing automotive rear spoiler. Towards 2022 end, fiberglass is projected to exceed US$ 900 million value. Although, carbon fiber is also expected to gain more than one-fourth of the share in terms of revenue by 2017 end.

High Sales through Aftermarket

Compared to OEM, aftermarket is expected to emerge as the biggest sales channel for automotive rear spoiler. Aftermarket sales channel is projected to gain more than three-fourth of the share in terms of revenue by 2017 end. Meanwhile, OEM sales channel is also expected to experience impressive growth.

Mid-Sized Passenger Cars to Account for Maximum Usage of Rear Spoiler

Mid-sized passenger cars are expected to experience healthy growth in the global market for automotive rear spoiler market. Between 2017 and 2022, mid-sized passenger cars are projected to create an incremental opportunity surpassing US$ 200 million.

Injection Molding to Gain Traction in the Automotive Rear Spoiler Market

Injection molding is expected to be one of the highly preferred technology in the automotive rear spoiler. Injection molding technology is projected to bring in nearly US$ 1,300 million revenue towards 2022 end. Meanwhile, blow molding will also experience strong growth during forecast period.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global automotive rear spoiler market through 2022, which include

• Plastic Omnium SA
• Magna International Inc.
• POLYTEC Holding AG
• SMP Deutschland GmbH
• Albar Industries Inc.
• Rehau Limited
• SRG Global

Market Taxonomy

Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Automotive rear spoiler creates high pressure that pushes down on the rear of the care. Manufacturers have developed automated spoiler for the cars, the angle and position of the air can be changed in the automated rear spoiler by increasing height of the rear spoiler.

On the other hand, automotive rear spoiler manufacturers are also focusing on offering rear spoiler made using carbon fiber as it is durable and lightweight. However, it is a very expensive material. This Fact.MR report discusses key prospects for growth of global automotive rear spoiler market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

Scope

The scope of the report is to analyze the global automotive rear spoiler market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive rear spoiler manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Summary

The report begins with a concise summary of the global automotive rear spoiler market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive rear spoiler market.

Overview

The next section is an overview of the global automotive rear spoiler market. This includes the introduction to the market and a standard definition of the product – automotive rear spoiler. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive rear spoiler market. Considering the interconnectedness of the automotive rear spoiler market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.

In a bid to keep readers up-to-date on the latest developments in the global automotive rear spoiler market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

The Fact.MR report on the global automotive rear spoiler market offers in-depth and segment-wise analysis and forecast. The global market for automotive rear spoiler is segmented on the basis of material type, sales channel, vehicle type, technology type, and region. This segmentation also provides country-wise analysis on all the major parameters of the automotive rear spoiler market.

The concluding section of the report profiles companies operating in the global automotive rear spoiler market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

• Primary research
• Secondary research
• Trade research
• Focused interviews
• Social media analysis