The global rear
spoiler market size is expected to reach USD 7.30 billion by 2025,
according to a study conducted by Grand View Research, Inc., progressing at a
CAGR of 7.9% during the forecast period. Soaring need for safe and
fuel-efficient vehicles is boosting the adoption of rear spoilers. They provide
increased braking stability that offers drivers enhanced braking time at high
speed.
The North America region is anticipated to witness
considerable growth over the coming years due to domicile of rear spoiler
providers such as Magna International and DAR Spoilers. Additionally, stringent
emission control norms are encouraging users to invest in rear spoilers. They
reduce the drag by pushing air around the vehicle, which assists in gaining
fuel efficiency. Growing emphasis on enhanced fuel efficiency is triggering the
growth of the market in developing regions. Prominent automobile companies such
as Aisin Seiki Co, Ltd are making significant investments in countries such as
China.
However, high costs of installation and maintenance
may hamper the growth of the market over the forecast period. In order to
address the challenge, rear spoiler providers often offer appropriate devices
at affordable prices along with post-sale services for building customer
confidence.
Browse full
research report on Rear Spoiler Market: https://www.grandviewresearch.com/industry-analysis/rear-spoiler-market
Further
key findings from the study suggest:
- The green vehicles segment is expected to be the fastest growing
segment with a CAGR of over 8.0% during the forecast period, owing to
benefits such as low maintenance costs
- Active spoilers offer benefits such as high aesthetics and reduced
torque. The segment is likely to dominate the market throughout the
forecast period, accounting for more than 60.0% of the overall revenue by
2025
- North America is estimated to be the most promising region over the
forecast period owing to domicile of a large number of key players
- Some of the prominent companies operating in the market are Magna
International Inc.; Plastic Omnium; Aisin Seiki Co.; Ltd; DAR Spoilers;
INOAC Corporation; and SMP Group.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/automotive-and-transportation
Grand
View Research has segmented the global rear spoiler market based on vehicle
type, system type, and region:
Rear
Spoiler Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)
- Conventional
Car
- Green Vehicle
Rear
Spoiler System Type Outlook (Revenue, USD Million; 2014 - 2025)
- Passive
Spoiler
- Active
Spoiler
Rear
Spoiler Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment