Overview of Automotive Rear Spoiler Market: Size, Trends, Share and Growth Forecast till 2022

Posted on 2018-05-21 by Mark Hub in Automotive // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-21 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of automotive rear spoiler market. The study is titled as “Automotive Rear Spoiler Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global automotive rear spoiler market.

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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.

According to the latest report compiled by Fact.MR, the global market for automotive rear spoiler is likely to experience strong growth throughout the forecast period. The market is projected to reach US$ 3,426.2 million revenue by 2022 end. 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.

3 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.

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.

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.

Browse Full Report with TOC- https://www.factmr.com/report/295/automotive-rear-spoiler-market

Table of Content:

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

Continued………

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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