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This strategic assessment report, from Stratview Research, provides a complete panoramic view of the automotive liftgate market for the forecast period of 2019 to 2024 based on current market realities, changing market dynamics, and future market possibilities. The report segments the market in the most comprehensive manner in order to identify and prioritize the low-hanging fruits for the market participants.
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Presents a Research Report on Automotive Active Aerodynamics Market Automotive Active Aerodynamics Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Component Type (Active Grille Shutter, Active Spoiler, Active Rear Wing, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
Automotive Active Aerodynamics Market Growth and Forecast Highlights & Drivers • The global automotive active aerodynamics market is likely to grow at an impressive double-digit over the next five years to reach US$ 1,113.5 million in 2023. • Increasing vehicle production coupled with an increasing penetration of active aerodynamic components in newer vehicles, a rise in demand for improved aerodynamics in vehicles, and the implementation of stringent emission norms for reducing carbon emissions in the automotive industry are the major growth drivers of the automotive active aerodynamics market. • Aerodynamics is the third most effective technique for reducing emissions in the automotive industry after powertrain improvement and weight reduction. • Europe is expected to remain the largest automotive active aerodynamic components market during the forecast period. • Stricter emission norms of European Commission have led to a faster adoption of active aerodynamic components, especially active grille shutter, into the European vehicles.
Market Insights • By Vehicle Type • The passenger car is expected to remain the growth engine of the global automotive active aerodynamics market during the forecast period. • An increased dependency on active aerodynamic components to achieve better fuel efficiency and to reduce carbon emissions in cars is primarily driving the segment’s market over the next five years. • By Component Type • Active grille shutter is likely to remain the most dominant active aerodynamic component in the automotive industry during the forecast period. • Over the last decade, active grille shutter has experienced a tremendous gain in various segments, especially in luxury and premium vehicles. On an average, 20% of the air in front of the vehicles goes below the hood of vehicles and reduces the aerodynamic drag. • By Region • Europe is expected to remain the largest automotive active aerodynamic components market during the forecast period. • Stricter emission norms of European Commission have led to a faster adoption of active aerodynamic components, especially active grille shutter, into the European vehicles.
Competitive Insights • The development of new products targeting higher aerodynamic performance, the use of active aerodynamic components in unpenetrated vehicle models, regional expansion, and the formation of long-term contracts are some of the major strategies adopted by the major players in order to remain competitive in the market. • Key Companies Analysed • Batz, S. Coop. • HBPO GmbH • Magna International Inc. • Rochling Group • SRG Global Inc. • Shape Corporation • Starlite Co. Ltd. • Valeo SA
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
Market Segmentation • By Vehicle Type • Passenger Car • Light-Duty Commercial Vehicle • Medium- & Heavy-Duty Commercial Vehicle • By Component Type • Active Grille Shutter • Active Spoiler • Active Rear Wing • Others • By Region • North America (Country Analysis: The USA, Canada and Mexico) • Europe (Country Analysis: Germany, France, The UK, Italy, Russia and Rest of Europe) • Asia-Pacific (Country Analysis: China, Taiwan, Japan and Rest of the Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Argentina and Others)
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