Automotive

Image

Global Automotive Aerodynamic Market – Industry Trends and Forecast to 2029

  • Automotive
  • Upcoming Report
  • Jul 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Automotive Aerodynamic Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 25.17 Billion
Diagram Market Size (Forecast Year) USD 35.66 Billion
Diagram CAGR %

Global Automotive Aerodynamic Market, By Electric Vehicle Type (BEV, HEV), Mechanism (Active System, Passive System), Vehicle Type (Light-Duty Vehicles, Heavy Commercial Vehicles), Application (Air Dam, Diffuser, Gap Fairing, Grille Shutter, Side Skirts, Spoiler, Wind Deflector) – Industry Trends and Forecast to 2029

Automotive Aerodynamic Market Analysis and Size

Automotive Aerodynamics plays a vital role in road vehicle design since it provides an option of getting a decrease in emission levels and fuel consumption. One of the significant areas is the wheel-houses which can be responsible for up to 25-30% of total aerodynamic resistance of a vehicle. The global automotive aerodynamics market is expected to grow at a remarkable rate due to rising demand for fuel-efficient vehicles. Automotive designed on the basis of aerodynamic are expected to run faster. Also, these vehicles consume less fuel then co other vehicles.

Data Bridge Market Research analyses that the automotive aerodynamic market was valued at USD 25.17 billion in 2021 and is expected to reach USD 35.66 billion by 2029, registering a CAGR of 4.45% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.     

Automotive Aerodynamic Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Electric Vehicle Type (BEV, HEV), Mechanism (Active System, Passive System), Vehicle Type (Light-Duty Vehicles, Heavy Commercial Vehicles), Application (Air Dam, Diffuser, Gap Fairing, Grille Shutter, Side Skirts, Spoiler, Wind Deflector)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Magna International Inc. (Canada), Röchling SE & Co. K.G. (Germany), Plastic Omnium (France), SMP (Germany), Valeo (France), SRG Global (U.S.), Polytec Holding AG (Austria), Plasman (Canada), INOAC Corporation (Japan), Rehau Group (Switzerland), SDN BHD (Malaysia), HBPO (Germany), Spoiler Factory (Australia), Airflow Deflector (Canada)

Market Opportunities

  • Increase in the number of emerging markets
  • Demand for automotive active aerodynamic system
  • Rise in strategic collaborations

Market Definition

Automotive aerodynamics is the best effective technique for decreasing the emissions in the automotive sector after weight reduction and powertrain improvement. Active aerodynamic is the advanced technology of automotive aerodynamic technology. It is trending to restrict airflow or selectively admits based on real-time necessities and contributes towards the decrease in drag and thereby decreasing emissions. It is of great importance to the automotive sector and thus is expected to rise high in the forecast period

Automotive Aerodynamic Market Dynamics

Drivers

  • Rising demand for light duty vehicle

Automotive aerodynamic systems have become a vital part of the light-duty vehicles. This system are mainly incorporated for decrease in visual appeal and fuel consumption, some Light duty vehicles manufacturers also aim to improve their models to stay competitive in the market. Hence, the increasing volume of the production of light dusty vehicles is proportionately increasing the demand for automotive aerodynamics in the market, which are expected to drive the market's growth rate.

  • Usage in aerospace industry

The aerospace sector is extremely regulated by stringent rules imposed by different regulatory authorities across the globe. These authorities are forcing the aerospace sector by introducing more stringent rules on the airline sector regarding the reduction of carbon emissions. The automotive aerodynamics play important role for the reduction of carbon emission which are expected to drive the market's growth rate.

Opportunities

  • Demand for automotive active aerodynamic system

The active aerodynamic system has the highest growth rate in the automotive aerodynamic market because this is an advanced offering technology which guarantees higher fuel economy and better aesthetics. The price of these systems is presently high but is bound to decline in the upcoming years, with their growing adoption of mid-priced and economical LDVs and also for luxury HCVs , this will create the immense opportunities for the growth of the automotive aerodynamic in upcoming years.

Moreover, adopting this system in high commercial vehicles and growth of active system for economy vehicles will also create various opportunities for the growth of the automotive aerodynamic market.

Restraints/ Challenges

  • High installation cost

The high cost of installation of automotive aerodynamics systems may restraint the demand of these systems and obstruct the growth of the aerodynamic market for automotive during forecast period.

  • Lack of testing mechanism

However, the Lack of testing mechanism along with distinguishing vehicle designing are acting as market restraints for the growth of the automotive aerodynamic market.

This automotive aerodynamic market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive aerodynamic market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Automotive Aerodynamic Market Scope

The automotive aerodynamic market is segmented on the basis of electric vehicle type, mechanism, vehicle type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Electric Vehicle Type

  • BEV
  • HEV

Mechanism

  • Active System
  • Passive System

Vehicle Type

  • Light-Duty Vehicles
  • Heavy Commercial Vehicles

 Application

  • Air Dam
  • Diffuser
  • Gap Fairing
  • Grille Shutter
  • Side Skirts
  • Spoiler
  • Wind Deflector

Automotive Aerodynamic Market Regional Analysis/Insights

The automotive aerodynamic market is analysed and market size insights and trends are provided by country, electric vehicle type, mechanism, vehicle type and application as referenced above.

The countries covered in the automotive aerodynamic market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

North America dominates the automotive aerodynamic market in terms of market revenue and share during the forecast period of 2022-2029. This is due to the growth of the automotive industry in this region.

Asia-Pacific is expected to be the fastest developing regions due to the large share of china and India along with increasing population, rising disposable income and rising demand of automobile in this region

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive Aerodynamic Market Share Analysis

The automotive aerodynamic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive aerodynamic market.

Some of the major players operating in the automotive aerodynamic market are:

  • Magna International Inc. (Canada)
  • Röchling SE & Co. KG (Germany)
  • Plastic Omnium (France)
  • SMP (Germany)
  • Valeo (France)
  • SRG Global (U.S.)
  • Polytec Holding AG (Austria)
  • Plasman (Canada)
  • INOAC Corporation (Japan)
  • Rehau Group (Switzerland)
  • SDN BHD (Malaysia)
  • HBPO (Germany)
  • Spoiler Factory (Australia)
  • Airflow Deflector (Canada)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The market value for automotive aerodynamic market is projected USD 35.66 billion by 2029.
The Automotive Aerodynamic Market is to grow at a CAGR of 4.45% during the forecast by 2029.
On the basis of application, the Automotive Aerodynamic Market is segmented into Air Dam, Diffuser, Gap Fairing, Grille Shutter, Side Skirts, Spoiler, Wind Deflector.
The major players operating in the Automotive Aerodynamic Market are Magna International Inc. (Canada), Röchling SE & Co. K.G. (Germany), Plastic Omnium (France), SMP (Germany), Valeo (France), SRG Global (U.S.), Polytec Holding AG (Austria), Plasman (Canada), INOAC Corporation (Japan), Rehau Group (Switzerland), SDN BHD (Malaysia), HBPO (Germany), Spoiler Factory (Australia), Airflow Deflector (Canada).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials