San Francisco, 23 January 2019: The Report Rear Spoiler Market Size, Share & Trends Analysis Report By Vehicle Type
(Conventional Car, Green Vehicle), By System Type (Passive Spoiler, Active
Spoiler), By Region, And Segment Forecasts, 2018 - 2025
The global rear spoiler market size is expected to reach USD 7.30 billion by 2025,
according to a study conducted by Grand View Research, Inc., progressing at a
CAGR of 7.9% during the forecast period. Soaring need for safe and
fuel-efficient vehicles is boosting the adoption of rear spoilers. They provide
increased braking stability that offers drivers enhanced braking time at high
speed.
The North America region is anticipated to
witness considerable growth over the coming years due to domicile of rear
spoiler providers such as Magna International and DAR Spoilers. Additionally,
stringent emission control norms are encouraging users to invest in rear
spoilers. They reduce the drag by pushing air around the vehicle, which assists
in gaining fuel efficiency. Growing emphasis on enhanced fuel efficiency is
triggering the growth of the market in developing regions. Prominent automobile
companies such as Aisin Seiki Co, Ltd are making significant investments in
countries such as China.
However, high costs of installation and
maintenance may hamper the growth of the market over the forecast period. In
order to address the challenge, rear spoiler providers often offer appropriate
devices at affordable prices along with post-sale services for building
customer confidence.
Access Research Report of Rear Spoiler
Market@ www.grandviewresearch.com/industry-analysis/rear-spoiler-market
Further key findings from the study suggest:
· The green vehicles segment is expected to
be the fastest growing segment with a CAGR of over 8.0% during the forecast
period, owing to benefits such as low maintenance costs
· Active spoilers offer benefits such as high
aesthetics and reduced torque. The segment is likely to dominate the market
throughout the forecast period, accounting for more than 60.0% of the overall
revenue by 2025
· North America is estimated to be the most
promising region over the forecast period owing to domicile of a large number
of key players
· Some of the prominent companies operating
in the market are Magna International Inc.; Plastic Omnium; Aisin Seiki Co.; Ltd;
DAR Spoilers; INOAC Corporation; and SMP Group.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the
global rear spoiler market based on vehicle type, system type, and region:
Rear Spoiler Vehicle Type Outlook (Revenue,
USD Million; 2014 - 2025)
·
Conventional Car
·
Green Vehicle
Rear Spoiler System Type Outlook (Revenue,
USD Million; 2014 - 2025)
·
Passive Spoiler
·
Active Spoiler
Rear Spoiler Regional Outlook (Revenue, USD
Million; 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
South America
Access Press Release of
Rear Spoiler Market@ www.grandviewresearch.com/press-release/global-rear-spoiler-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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