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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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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 www.MarketsandMarkets.com
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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=143616321
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. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=143616321
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. The sales of the BEV segment is expected to grow at a brisk speed by 2025 because of the depleting fuel resources around the world and the push from OEMs to promote their EV models to cater to the emission standards. The automotive aerodynamic market is thus expected to the highest for the BEV segment. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=143616321
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). Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=143616321
Market Ecosystem: The ecosystem of the aerodynamic market for automotive consists of established automotive aerodynamic application manufacturers such as Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), Valeo (France), SRG Global, Inc. (US), Polytec Holding AG (Austria), AP Plasman (Canada), INOAC Corporation (Japan), Rehau Ltd. (Switzerland), PU Tech Industry Sdn. Bhd (Malaysia), Brose Fahrzeugteile GmbH & Co. KG (Australia), HBPO GmbH (Germany), Spoiler Factory (Australia), Batz, S Coop. (Spain), Piedmont Plastics, Inc. (US), Airflow Deflector Inc. (US), and a few globally-established suppliers such as Hilton Docker Mouldings Ltd. (UK), Johnson Electric Holdings Ltd. (Hong Kong), and Sonceboz (Switzerland). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=143616321
Browse >> 81market data tables 43figures 139 pagesand in-depth TOC "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“ Early buyers will receive 10% customization on this report. 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.
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