Insights on Automotive Rear Spoiler Industry: Market is Projected to Reach US$ 3,426.2 Mn Revenue by 2022 end.

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Rockville, US, 2018-Feb-28 — /EPR Network/ — 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.

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According to the report by Fact.MR, the global automotive rear spoiler market is expected to witness robust growth. The market is estimated to register 6.9% CAGR during 2017-2022. Generating down force on the body of the car, rear spoiler decreases the amount of air going under the vehicle thereby reducing lift and drag coefficient. Manufacturers are using various materials to develop spoiler. They have started using silicon polymers, as it provides longer product life. However, spoiler manufacturers are also looking for new lightweight material that can be used to develop automotive spoiler. Following are the insights on how the market will perform in the coming years.

Forecast Highlights on Global Automotive Rear Spoiler Market

1- Europe is likely to remain dominant in the global automotive rear spoiler market. By the end of 2017, Europe automotive rear spoiler market is estimated to account for more than one-fourth of the revenue share on global revenue. Growing market and production of luxury and sports cars is boosting the Europe automotive rear spoiler market.

2- Asia Pacific Excluding Japan (APEJ) is likely to witness strong growth during the forecast period. APEJ automotive rear spoiler market is estimated to reach close to US$ 900 million revenue by the end of 2022. Rising vehicle production and increasing installation of spoiler in the MVPs, SUVs, and hatchbacks are some of the factors fueling the growth of the automotive rear spoiler market in APEJ.

3- Fiberglass is likely to emerge as one of the most preferred materials for the automotive rear spoiler. Fiberglass is estimated to account for nearly one-third of the revenue share by the end of 2017. Meanwhile, carbon fiber will also witness strong growth during the forecast period.

4- Sales of the automotive rear spoiler is likely to be highest through Aftermarket. By the end of 2022, the aftermarket is estimated to reach nearly US$ 2,800 million revenue.

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Table of Contents:

  1. Global Automotive Rear Spoiler Market – Executive Summary
  2. Global Automotive Rear Spoiler Market Overview
    2.1. Introduction
    2.1.1. Global Automotive Rear Spoiler Market Taxonomy
    2.1.2. Global Automotive Rear Spoiler Market Definition
    2.2. Global Automotive Rear Spoiler Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Automotive Rear Spoiler Market Y-o-Y Growth
    2.3. Global Automotive Rear Spoiler Market Dynamics
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Automotive Rear Spoiler Market Analysis and Forecast By Material Type
    3.1. Global Automotive Rear Spoiler Market Size and Forecast By Material Type, 2012-2022
    3.1.1. ABS Plastic Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Carbon Fiber Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region
    3.1.3. Fiberglass Market Size and Forecast, 2012-2022
    3.1.3.1. Revenue (US$ Mn) Comparison, By Region
    3.1.3.2. Market Share Comparison, By Region
    3.1.3.3. Y-o-Y growth Comparison, By Region
    3.1.4. Steel Market Size and Forecast, 2012-2022
    3.1.4.1. Revenue (US$ Mn) Comparison, By Region
    3.1.4.2. Market Share Comparison, By Region
    3.1.4.3. Y-o-Y growth Comparison, By Region

Continued….

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