1 / 3

Rear Spoiler Market by Technology, Material, Region - 2022

The report "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 global rear spoiler market is projected to grow at a CAGR of 7.40% from 2017 to 2022, to reach a market size of USD 3.69 Billion by 2022. The major factors driving the growth of the rear spoiler market are the increasing production of vehicles, electrification of vehicles, and stringent emission norms introduced by the government to minimize greenhouse gas emissions.

amitchate4
Download Presentation

Rear Spoiler Market by Technology, Material, Region - 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Rear Spoiler Market worth 3.69 Billion USD by 2022 Rear Spoiler Market by Technology, Material, Region - 2022 The report "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 global rear spoiler market is projected to grow at a CAGR of 7.40% from 2017 to 2022, to reach a market size of USD 3.69 Billion by 2022. The major factors driving the growth of the rear spoiler market are the increasing production of vehicles, electrification of vehicles, and stringent emission norms introduced by the government to minimize greenhouse gas emissions. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255533664 Early buyers will receive 10% customization on reports. 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. 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. Also, in terms of growth, the rear spoiler market for battery electric vehicle is projected to grow at the highest CAGR, followed by PHEV and ICE, respectively. Increasing government support for green vehicles is propelling the demand for electric vehicles, which, in turn, is increasing the demand for rear spoilers. 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

  2. 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. The report profiles all major players in the rear spoiler market, including Magna International (Canada), Plastic Omnium (France), SMP Automotive (Germany), Polytec Group (Austria), Thai Rung Union Car Plc (Thailand), and INOAC Corporation (Japan) among others. The report also covers a comprehensive study of the key vendors operating in the rear spoiler market. The evaluation of these vendors has been done by taking into account various factors such as product development, R&D expenditure, business strategies, and product revenue. The report also explains the qualitative aspects of the rear spoiler market with respect to advanced features and application over the course of time. This report covers the competitive landscape and company profiles of major players in the rear spoiler market. Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/rear-spoiler-market- 255533664.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430

  3. Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com

More Related