Market Overview

Global Aerodynamic Market 2018-2025 for Automotives by Application, EV Type, Mechanism, Vehicle Type and Region

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Global Aerodynamic Market 2018-2025 for Automotives by Application, EV Type, Mechanism, Vehicle Type and Region

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DUBLIN, Aug 22, 2018 /PRNewswire/ --

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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 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.

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.

The grille segment is estimated to be the largest segment in this market, by application. This is because, all the vehicle types, be it ICE vehicles, i.e., LDVs and HCVs, or EV types, i.e., BEVs and HEVs, are equipped with grilles that primarily serve the cooling requirements of engines. The latest development in these grilles known as the active grille shutter is the most commonly used active aerodynamic system in LDVs. All these factors contribute to the highest market share of this application 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

4.1 Attractive Opportunities in the Aerodynamic Market for Automotive
4.2 Aerodynamic Market for Automotive, By Region
4.3 Aerodynamic Market for Automotive, By Country
4.4 Aerodynamic Market for Automotive, By Mechanism
4.5 Aerodynamic Market for Automotive, By Vehicle Type
4.6 Aerodynamic Market for Automotive, By Electric Vehicle Type
4.7 Aerodynamic Market for Automotive, By Application

5 Technological Overview

5.1 Introduction
5.2 Mechanisms of Aerodynamic Parts
5.2.1 Aerodynamic Market for Automotive, By Mechanism
5.2.1.1 Active Systems
5.2.1.2 Passive Systems
5.3 Testing Systems of Aerodynamic Parts
5.3.1 Aerodynamic Market for Automotive, By Testing Systems
5.3.1.1 Wind Tunnel Test
5.3.1.2 Computational Fluid Dynamics (CFD)

6 Market Overview

6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.1.1 Need to Minimize External Noise and Co2 Emission
6.2.1.2 Increasing Electric Vehicle Production
6.2.1.3 Increased Appeal Through Enhanced Aerodynamic Components
6.2.2 Restraints
6.2.2.1 Deficient Testing Mechanisms
6.2.3 Opportunities
6.2.3.1 Growth in Production of Heavy Commercial Vehicles in Emerging Economies and Adoption of Aerodynamic Components
6.2.3.2 Developing Active Aerodynamic Systems for Economic Vehicles
6.2.4 Challenges
6.2.4.1 Differentiating Vehicle Design While Maintaining Aerodynamic Efficiency

7 Aerodynamic Market for Automotive, By Electric Vehicle Type

7.1 Introduction
7.2 BEV
7.3 HEV

8 Aerodynamic Market for Automotive, By Mechanism

8.1 Introduction
8.2 Active System
8.3 Passive System

9 Aerodynamic Market for Automotive, By Vehicle Type

9.1 Introduction
9.2 Light Duty Vehicles
9.3 Heavy Commercial Vehicles

10 Aerodynamic Market for Automotive, By Application and Region

11 Competitive Landscape

11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Situations & Trends
11.3.1 New Product Developments
11.3.2 Expansions
11.3.3 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/Agreements/Mergers & Acquisitions

12 Company Profiles

12.1 Magna Exteriors
12.2 Roechling Automotive
12.3 Plastic Omnium
12.4 SMP Deutschland GmbH
12.5 Valeo
12.6 SRG Global, Inc.
12.7 Polytec Holding AG
12.8 Ap Plasman
12.9 Inoac Corporation
12.10 Rehau Group
12.11 P.U. Tech Industry Sdn.Bhd
12.12 Brose Fahrzeugteile GmbH & Co. Kg
12.13 Hbpo GmbH
12.14 Spoiler Factory
12.15 Batz, S. Coop.
12.16 Piedmont Plastics, Inc.
12.17 Airflow Deflector Inc.
12.18 Hilton Docker Mouldings Ltd
12.19 Johnson Electric Holdings Limited
12.20 Sonceboz

For more information about this report visit https://www.researchandmarkets.com/research/64qszp/global?w=5

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