Global Automotive Active Rear Spoiler Market 2017-2021

Overview of the global automotive active rear spoiler market

Research analysis on the global automotive active rear spoiler market identifies that the rising demand of hypercars will be one of the major factors that will have a positive impact on the growth of the market. The hypercar market is expected to grow due to the increasing demand for high-performance sports cars in the global automotive market. The automotive industry has witnessed significant demand for hypercars from racing car manufacturers such as Ferrari, Porsche, Automobili Lamborghini, and Bugatti, which has resulted in the growing volume sales of these extreme machines. Additionally, the development and integration of performance enhancing systems and active aerodynamics are further fueling the growth of the global hypercar market. This in turn, will increase the demand for automotive active rear spoilers in the global market. Technavio's market research analysts predict that this market will grow at a CAGR of around 7% by 2021.

The rising popularity of carbon fiber active rear spoilers is one of the latest trends that will contribute to the growth of this market in the forthcoming years. Carbon fiber is finding its way into new applications in various industries as a replacement to metal due to its advantages such as higher strength-to-weight ratio, corrosion resistance, and workability. The automotive industry has witnessed the adoption of carbon fibers for applications where weight reduction plays a significant role. The use of carbon fiber is driven by emission control regulations, which demand less fuel consumption by vehicles. The cost parameter limits the carbon fiber usage to luxury cars and supercars and these vehicles are increasingly adopting carbon fiber to improve their performance.

Competitive landscape and key vendors  

The automotive active rear spoiler market is limited to the supercar segment. However, the market is expected to witness significant adoption during the forecast period due to the requirement of differentiated and high-performance products by customers. The introduction of new players or automotive OEMs installing active aerodynamics in their variants will have a positive influence on the market's growth.

The leading vendors in the market are -

• Porsche
• Ferrari
• Automobili Lamborghini
• BMW
• Daimler

The other prominent vendors in the market are AUDI, Bugatti, Koenigsegg Automotive, Lexus, McLaren, and Pagani Automobili.

Geographical segmentation and analysis of the automotive active rear spoiler market

• North America
• Europe
• ROW

This market study estimates that in terms of geographic regions, North America will be the major revenue contributor to the market throughout the forecast period. The high adoption by this region is attributed to the increased demand for supercars and a strong racing culture. The US is the major contributor to the active rear spoiler market in North America. The country is witnessing rising demand owing to rising baby boomers' population and the strong adoption of supercars.

Growth drivers, challenges, and upcoming trends: Development of sliding wing for better aerodynamics

The growing demand for better aerodynamics is pushing new developments for enhancing the performance of a vehicle. Recently, AUDI designed the sliding wing technology and applied for a patent with United States Patent and Trademark Office (USPTO). The objective of this technology is to improve aerodynamics on SUV for reducing drag. The sliding wing technology will lower the spoiler at speeds above 49mph to combat the added drag. This technology is implemented by using two tracks on either side of the rear window to allow the spoiler to move up and down. This technology differentiates against existing active rear spoiler in the way that instead of increasing downforce, this technology focuses on reducing drag.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive active rear spoiler market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive active rear spoiler market?
• What are the key market trends impacting the growth of the global automotive active rear spoiler market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive active rear spoiler market?
• What are the market opportunities and threats faced by the vendors in the global automotive active rear spoiler market?
• Trending factors influencing the market shares of North America, Europe, and ROW.
• What are the key outcomes of the five forces analysis of the global automotive active rear spoiler market?

Technavio also offers customization on reports based on specific client requirement.

This forthcoming market research report on the global automotive active rear spoiler market offers insights into the key trends and emerging drivers influencing the growth of the  automotive industry. Our market research reports for the automotive industry also follow an extensive data collection methodology and offer an analysis of fast growing market segments like automotive components.

By considering the market forecast and size, surging demand for various automotive components, the market research experts at Technavio offer an all-inclusive picture of the automotive active rear spoiler market for the estimated period of 2017 to 2021. Furthermore, our research practices support clients devise effective growth strategies and compete with the continually changing market landscape. This market study also offers an extensive analysis of various automotive equipment based on the inference of the information gathered from specific resources such as channel partners and market stakeholders. This upcoming market research report on the automotive active rear spoiler market also covers vendors like Jiangnan MPT, Plastic Omnium, Eakas, Mayco International, NTF India, and Dawn.

This upcoming industry report on the automotive active rear spoiler market also considers the growth of the related markets such as the automotive shock absorber rubber market, which is expected to grow at a CAGR of above 4% during the forecasted period. According to our research analysts, the high rate of adoption of active aerodynamics solution is expected to impact the growth of the global market over the next few years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the automotive active rear spoiler market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report on the automotive active rear spoiler market also categorizes the key drivers, major trends, as well as the restraints that the automotive components sector currently experiences. It also presents insights into the dynamically changing competitive scenario to give clients a complete view of the industry. Technavio also provides deep-dive market assessments into the sectors such as automotive accessories and automotive electronics.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.