Aerodynamic Market for Automotive– Industry Analysis & Global Forecasts to 2025

The aerodynamic market for automotive was valued at USD 22.80 billion in 2017 and is projected to reach USD 32.77 billion by 2025, at a CAGR of 4.77% during the forecast period.

(EMAILWIRE.COM, September 06, 2018 ) The Aerodynamic Market 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.

Browse 81 market data Tables and 43 Figures spread through 139 Pages and in-depth TOC on "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"


https://www.marketsandmarkets.com/Market-Reports/aerodynamic-market-143616321.html

Early buyers will receive 10% customization on reports.

“Heavy commercial vehicle segment is estimated to be the fastest-growing segment of the aerodynamic market for automotive, in terms of value, by 2025”

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=143616321

“Passive systems segment is estimated to be the largest segment of the aerodynamic market for automotive, in terms of value”

The passive aerodynamic applications have become increasingly important in today’s vehicles. This is because these systems are significant contributors to a 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.

Request for Sample Pages: https://www.marketsandmarkets.com/requestsample.asp?id=143616321

“RoW is estimated to be the fastest growing market for automotive aerodynamics, in terms of value”

RoW is estimated to be the fastest growing region in the aerodynamic market for automotive during the forecast period. The region comprises developing countries such as Brazil, Iran, and South Africa which have witnessed significant growth in the automobile sector in the recent past. Vehicle manufacturers see Brazil as South America’s biggest consumer market with an active economy and are hence focusing on expanding their reach in it. For instance, Nissan started manufacturing its Kicks model locally in Brazilian plant since April 2017 owing to its increased demand. The plant was initially established in April 2014 for manufacturing Micra. The growth of this region’s automotive market can be attributed to the rise in the demand for vehicles, the availability of cheap labor, and low production costs. The aerodynamic market for automotive is expected to grow in line with the increase in automotive production in the 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).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.