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Active Aerodynamic Systems to Have the Highest Growth in the Aerodynamic Market for Automotive

Various technological advancements are being carried out in the light-duty vehicle segment, particularly in the high-end luxury passenger cars that are nowadays equipped with the active aerodynamic system functioning as per the needs of the vehicle. The passive aerodynamic systems market has already been saturated for this vehicle type. Also, the high production volumes of this vehicle type as compared to heavy commercial vehicles is a major factor contributing to the high market share of light-duty vehicles in the automotive aerodynamics market.

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Active Aerodynamic Systems to Have the Highest Growth in the Aerodynamic Market for Automotive

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  1. Active Aerodynamic Systems to Have the Highest Growth in the Aerodynamic Market for Automotive The report "Aerodynamic Market for Automotive by Application, by EV Type (BEV and HEV), Mechanism (Active System and Passive System), Vehicle Type (Light Duty Vehicles and Heavy Commercial Vehicles), and Region (APAC, Europe, North America) - Global Forecast to 2025", The aerodynamic market for automotive is projected to grow at a CAGR of 4.77% during the forecast period, from USD 23.65 billion in 2018 to USD 32.77 billion by 2025. Browse 81 market data Tables and 43 Figures spread through 139 Pages and in-depth TOC on "Aerodynamic Market for Automotive by Application, by EV Type (BEV and HEV), Mechanism (Active System and Passive System), Vehicle Type (Light Duty Vehicles and Heavy Commercial Vehicles), and Region (APAC, Europe, North America) - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/aerodynamic-market-143616321.html Early buyers will receive 10% customization on reports. The growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient and stylish vehicles are collectively expected to drive the aerodynamic market for automotive. Light Duty Vehicle segment is estimated to be the largest segment of the automotive aerodynamic market Various technological advancements are being carried out in the light-duty vehicle segment, particularly in the high-end luxury passenger cars that are nowadays equipped with the active aerodynamic system functioning as per the needs of the vehicle. The passive aerodynamic systems market has already been saturated for this vehicle type. Also, the high production volumes of this vehicle type as compared to heavy commercial vehicles is a major factor contributing to the high market share of light-duty vehicles in the automotive aerodynamics market. Active system is estimated to grow at the fastest rate in the automotive aerodynamic market Active aerodynamic systems minimize the drag of a vehicle by making modifications in their shape with respect to the operating conditions. For instance, active grille shutter closes when the engine does not require cooling and hence allows the air to freely pass around the vehicle, thus reducing the drag. Such active systems are the latest advancement in the automotive aerodynamic market and have a huge scope of penetration in the economy and mid-priced LDVs as well as in the heavy commercial vehicles (HCVs). Thus, this segment is expected to grow at the fastest rate by 2025.

  2. The aerodynamic market for automotive is projected to grow at a CAGR of 4.77% from 2018 to 2025. The market is estimated to be USD 23.65 billion in 2018 and is projected to reach USD 32.77 billion by 2025. The key growth drivers of this market are the flourishing demand for faster and sophisticated vehicles, better mileage, weight reduction, and increased stability of the vehicles. The active aerodynamic system segment is projected to have the highest growth rate, by value, in the aerodynamic market for automotive by 2025. This is because this is an advanced offering that guarantees higher fuel economy as well as better aesthetics. The price of these systems is currently high but is bound to decrease in the next 5-8 years, with their increasing adoption of mid-priced and economy LDVs as well as luxury HCVs. Aerodynamic application mechanisms, especially passive aerodynamic systems have become an integral part of light-duty vehicles. While they are primarily incorporated for reduction in fuel consumption and visual appeal, some LDV manufacturers also have them in their models to stay competitive in the market. Hence, the automotive aerodynamics market is proportionately increasing with the production volumes of LDVs. Thus, the LDV segment has the highest market share in the automotive aerodynamics market. To read more about Aerodynamic Market for Automotive . Hit this Link. Asia Pacific: the largest regional market for automotive aerodynamics The Asia Pacific is estimated to be the largest market for automotive aerodynamics. The Asia Pacific region accounts for about 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed ones such as Japan and South Korea. The growing infrastructural developments in developing countries such as China and India and the increasingly stringent emission regulations are the key factors driving the growth of the aerodynamic market for automotive in the Asia Pacific region. The report covers all the major players in the aerodynamic market for automotive, including established players such as Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), and Valeo (France). Don’t miss out on business opportunities in Aerodynamic Market for Automotive. Speak to our analyst and gain crucial industry insights that will help your business grow. 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

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

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