Stratview Research’s latest market report on the global automotive active aerodynamics market covers the wide spectrum of the factors governing the future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The report is a perfect blend of insights and market figures which would enable the business strategists to churn out the future business strategies.
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According to the report, the global automotive active aerodynamics market is likely to grow at an impressive double-digit over the next five years to reach more than US$ 1,100 million in 2023.
The global automotive active aerodynamics market is characterized by a wide array of factors which are directly or indirectly stimulating the growth of the market. The biggest factor is the increase in number of deliveries of passenger cars, light commercial vehicles. Both Rochling Automotive and Magna International Inc. have massive plans to raise the production capacity of their active aerodynamic components.
Another factor impacting the overall market is the demand for fuel-efficient automobiles for improving their profit margins. This puts huge pressure in the entire supply chain of the automotive industry. Engine manufacturers are also not untouched with such factors and have started developing fuel-efficient engines utilizing advanced technology and lightweight materials that can withstand high temperature with greater durability. Development of composites active grille shutter are such examples.
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Concurrently, the stringent regulations imposed by many countries on the auto industry with regard to increase in fuel efficiency and reduction in carbon emissions have generated ample pressure on the auto system manufacturers including the component manufacturers to develop active aerodynamic components. Active aerodynamic components are considered to be the best possible way to achieve such stringent regulations.
Another important factor is the price of the active grille shutter, the price of the active grille shutter is depends upon various factors such as the type of actuators used (strong actuators, electric actuators and number of actuators), design, size, styling and quality of the active grille shutters. The actuator must be of good quality as required at high speed of the vehicles and to cope up the pressure when the shutter have to be close or open at that high speed perhaps raising the price of the active grille shutters. But it also depends upon the design of active grille shutter if it quite powerful and ready to excels the high speed pressure then there is no need to have strong actuators, like in the case of passenger cars one actuator or low quality actuators can work but in the large vehicles like MHCVs, where the grilles are very huge and speed is very high, best quality actuators are preferred, increasing the prices of the active grille shutter.
Stratview Research has done a rigorous study on the active aerodynamics market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
This report studies the automotive active aerodynamics market and has segmented the market in three ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the three ways in which the market is segmented:
Global Automotive Active Aerodynamics Market, By Vehicle Type
- Passenger Car (Regional Analysis)
- Light Commercial Vehicle (Regional Analysis: NA, Europe, Asia-Pacific, and RoW)
- Medium- & Heavy-Duty Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Automotive Active Aerodynamics Market, By Component Type
- Active Grille Shutter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Active Spoiler (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Active Rear Wing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Automotive Active Aerodynamics Market, By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Taiwan, Japan, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Stratview Research has several high value market reports in the global automotive industry. Please refer to the following link to browse through our reports:
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