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Rear Spoiler Market to Showcase Significant Growth in the Coming Years

The rear spoiler market is projected to grow at a CAGR of 7.40% during the forecast period and is projected to reach USD 3.69 Billion by 2022

Vaibhavborkar123
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Rear Spoiler Market to Showcase Significant Growth in the Coming Years

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  1. Rear Spoiler Market worth 3.69 Billion USD by 2022 www.MarketsandMarkets.com

  2. Rear Spoiler Market by Fuel (ICE, BEV), Vehicle Type (Hatchback, SUV, MPV), Material (ABS, Carbon Fibre, Fibre Glass, Sheet Metal), Technology (Blow, Injection and Reaction Injection Molding), and Region - Global Forecast to 2022 The rear spoiler market was valued at USD 2.33 Billion in 2016 and is projected to grow at a CAGR of 7.40% during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017 to 2022. Factors such as increasing stringency of emission norms, regulations about fuel economy, and growing demand for SUVs and MPVs across the globe are driving the growth of the automotive rear spoiler market. PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=255533664

  3. Injection Molding A high growth potential market The global rear spoiler market, by technology type, is expected to be dominated by blow molding, followed by injection molding and reaction injection molding. However, the market for injection molding is estimated to grow at the highest CAGR during the forecast period. Injection molding provides better precision and high manufacturing rate at a lesser cost than reaction injection molding. However, blow molding is estimated to have the largest share of the rear spoiler market during the forecast period. Simple usage and low cost are the key factors driving the demand for blow molding.

  4. Battery electric vehicle and Hybrid Electric Vehicle Promising vehicle segments for spoiler manufacturers Hybrid Electric Vehicle (HEV) is estimated to account for the largest share of the rear spoiler market among the electric vehicle types (BEV, HEV, and PHEV). The HEV segment is expected to continue its market dominance during the forecast period. Modern HEVs are enabled with efficiency-improved technology such as regenerative brakes, electric motor drive, and automatic start/shut-off. The rear spoiler helps to improve the efficiency of the electric vehicle as it saves energy by improving the design of the electric vehicle. These technological advantages have made HEVs successful in recent years. RequestSample@ https://www.marketsandmarkets.com/requestsample.asp?id=255533664

  5. Asia-Pacific: Largest market for rear spoiler Asia-Pacific is estimated to account for the largest share, by value and volume, of the rear spoiler market in 2017. Also, in terms of growth, the Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production. Also, increasing installation of rear spoiler in vehicles such as Hatchbacks, SUVs, and MPVs and stringent emission and safety norms have boosted the demand for the rear spoiler in the Asia-Pacific region

  6. Browse >> 72 marketdata tables 40figures 144pagesand in-depth TOC on “Rear Spoiler Market – Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  7. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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