Market Overview

$32.77 Bn Automotive Aerodynamic Market - Global Forecast to 2025 - ResearchAndMarkets.com

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The "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 - Global Forecast to
2025"
report has been added to ResearchAndMarkets.com's
offering.

The global aerodynamic market for automotive is estimated to be USD
23.65 billion in 2018 and is projected to reach USD 32.77 billion by
2025, at a CAGR of 4.77% from 2018 to 2025.

The market growth is primarily driven by the increasing demand for
stylish and fuel-efficient vehicles. However, the increase in the price
of the vehicles due to the inclusion of various aerodynamic applications
can restrain the growth of the automotive aerodynamic market.

The higher weight of heavy commercial vehicles is a major reason for
their higher fuel consumption as compared to light-duty vehicles.
Moreover, their boxy shapes contribute to higher aerodynamic drag in
these vehicles. Engineers and designers are now coming up with
sophisticated aerodynamic components such as wind deflectors, gap
fairings, and side skirts, which can lower the fuel consumption of this
vehicle type.

Tremendous innovations are also being made in this vehicle type in
relation to using lightweight materials for the manufacturing of these
aerodynamic applications. The huge scope of advancement of aerodynamics
in HCVs in developing nations is expected to contribute to the higher
growth of this vehicle type in the automotive aerodynamics market.

The passive aerodynamic applications have become increasingly important
in today's vehicles. This is because these systems are significant
contributors to reduction in fuel consumption in the ICE vehicles and
reduction in battery usage in EVs. This is achieved by reducing the drag
force on the vehicle. Sometimes such systems are also installed to
improve the aesthetic appeal of the vehicle.

The passive system market is already a saturated market for the LDVs and
has a decent penetration for the HCVs in developed countries. Also, the
lower cost of these systems as compared to active systems makes them a
preferred choice of OEMs around the globe, thus making this segment the
largest segment in the automotive aerodynamics market.

Some of the key players in the aerodynamic market for automotive are
Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France),
SMP Deutschland GmbH (Germany), and Valeo (France).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Technological Overview

6 Market Overview

7 Aerodynamic Market for Automotive, By Electric Vehicle Type

8 Aerodynamic Market for Automotive, By Mechanism

9 Aerodynamic Market for Automotive, By Vehicle Type

10 Aerodynamic Market for Automotive, By Application and Region

11 Competitive Landscape

12 Company Profiles

  • Magna Exteriors
  • Roechling Automotive
  • Plastic Omnium
  • SMP Deutschland GmbH
  • Valeo
  • SRG Global, Inc.
  • Polytec Holding AG
  • Ap Plasman
  • Inoac Corporation
  • Rehau Group
  • P.U. Tech Industry Sdn.Bhd
  • Brose Fahrzeugteile GmbH & Co. Kg
  • Hbpo GmbH
  • Spoiler Factory
  • Batz, S. Coop.
  • Piedmont Plastics, Inc.
  • Airflow Deflector Inc.
  • Hilton Docker Mouldings Ltd
  • Johnson Electric Holdings Limited
  • Sonceboz

For more information about this report visit https://www.researchandmarkets.com/research/r2gc5k/32_77_bn?w=4

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