The global Automotive Air Deflector market is to grow at 5% CAGR from 2018 to 2023. Automotive Air Deflector Global Industry is segmented by Type (Bug, Window Air and sunroof), Material (Acrylic, Fiberglass and ABS Plastic), Mounting Method (Tape-on, Bolt-on & In-channel), Sales Channel (OEM, Aftermarket), Vehicle, and region.
Automotive Air Deflector Global Market Key Players Analyzed in Report Are:
Hatcher Components Ltd (UK), Piedmont Plastics (US), Spoiler Factory (Australia), and Lund International (US), Altair Engineering Inc. (US), DGA (US), FARAD Group (Luxembourg) and Climair UK Ltd (UK) are among others.
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Automotive Air Deflector Market Highlights:
The air deflector prevents the running air from affecting the stability of the vehicle when windows are unnecessarily open, and reduce the vehicle drag and increases the fuel efficiency. Vehicle design and aerodynamics play a significant role in reducing the vehicle drag, focusing more on the design of vehicle air deflectors. In all vehicles, air deflector is used to improve the fuel economy, appearance, and air-conditioning (HVAC), and minimize air drag in the vehicle. The factors that drive the automotive air deflector market are government initiative towards the safety and speed, and the increase in sales of vehicles in emerging economies.
The factors that are responsible for the growth of global automotive air deflector market are stringent environmental regulations, improved fuel efficiency, attractive design, improved vehicle aerodynamics, and good vehicle control. Better speed and improved fuel economy are the other factors that drive the automotive air deflectors market. Air deflectors provide better vehicle control at higher speeds, which reduces the number of accidents. Increase in sales of commercial vehicle and SUVs, and the increased purchasing power increase the demand in the market. Concerns regarding safety and focus on aesthetics also increase the demand for automotive air deflectors. However, fluctuating prices of raw materials hinder the market growth.
Automotive Air Deflector Market Segmentation:
The scope of the study segments the global automotive air deflectors market by its type, material, mounting method, sales channel, vehicle type and region.
Window Air Deflector
By Mounting Method:
Based on region, the market is segmented into North America, Asia-Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market in future due to an increase in demand for passenger cars in countries such as China, India, and Japan. Also, there has been an increase in the sales of vehicles in Asia-Pacific, which has increased the installation of automotive air deflectors. Europe is expected to follow Asia-Pacific is terms of demand due to the growth of the logistics and agricultural industry.
The report for global automotive air deflector market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain the deeper insights into the market and industry performance.
This study provides an overview of the global automotive air deflector market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
Major Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
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