Felton - This
report provides in depth study of “Rear Spoiler Market” using SWOT
analysis i.e. Strength, Weakness, Opportunities and Threat to the organization.
The Rear Spoiler Market report also
provides an in-depth survey of top key players in the market which is based on
the various objectives of an organization such as profiling, the product
outline, the quantity of production, required raw material, and the financial
health of the organization.
The Global Rear Spoiler Market is anticipated to reach USD
7.30 billion by 2025 with the contribution of growing demand for the SUVs and
MPVs from the young generation. A Rear Spoiler is an automotive aerodynamic
device that helps in spoiling the opposing air movement across the body of the
vehicle. The spoilers present on the front of the cars are called as air dams
that are essential for the engine cooling and high speed stability.
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Some spoilers are fitted on the cars just for designing
purpose or for improved aerodynamics. A rear spoiler supports in increasing the
efficiency and decreasing the drag. The spoilers improve the traction
capability of a car, improve the visibility of the car and reduce the weight of
the car, technically. The Rear Spoiler Market is predicted to grow considerable
at CAGR of 7.9% primarily owing to the manufacturing of plastic spoilers.
At present, several cars are well-furnished with Rear
Spoilers to improve the fuel efficiency and reduce the rate of accidents. Most
customers install the rear spoilers for designing purpose, which is a reason
for increased demand. The bulk manufacturing of composite materials is
anticipated to diminish the cost of raw materials in near future. This will
ultimately reduce the overall cost of rear spoilers and produce a higher demand
over the years.
The rising demand from SUVs (sports utility vehicles) and
high-speed vehicles is expected to support the rear spoiler industry growth
significantly. The carbon fiber, which is mostly used in the manufacturing of
rear spoilers is preferred by the aftermarket since the customization is
carried out by the independent service providers. The rear spoiler also
possesses features like high strength, durability, improved finishing and
appearance and lightless.
The Internal Combustion Engine is projected to dominate the
rear spoiler industry in the near future. Maintaining the balance of the car at
higher speeds and providing aerodynamic features are among the major advantages
to manufacture Internal Combustion Engines. This will further support the rear
spoiler from the automobile sector. The rear spoilers manufactured from the hybrid
segment is predicted to contribute the CAGR impressively over the years. Such a
penetrating of hybrid vehicles from the different parts of the world economies
will boost the market growth. Depending on the vehicle segment, the hatchback
segment is expected to dominate the market due to compact size and rates.
Some of the prominent rear spoiler industry participants are
across the globe are Jiangnan Mould and Plastic Technology Co., Ltd. Albar
Industries Inc., SMP Automotive,P.U. Tech Spoiler, Polytec Group, Thai Rung
Union Car Plc., Rehau Ltd., Inoac Corporation, Plastic Omnium, SRG Global, AP
PlasmanInc and Magna International.
Market Segment:
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
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Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/rear-spoiler-market
Major Key Points in
Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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