Stratview Research has launched a new research report on Automotive Active Aerodynamics Market. In the report, the market has been segmented by Vehicle Type (Passenger Car, LCV, and M&HCV), by Component Type (Active Grille Shutter, Active Spoiler, Active Rear Wing, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The 192 pages market report studies the active aerodynamics market in the global automotive industry over the trend and forecast period of 2012 to 2017 and 2018 to 2023, respectively. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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The global automotive active aerodynamics market in the automotive industry offers good growth prospects over the next five years. The market is expected to witness a very strong growth rate of >10% over the next five years to reach an estimated value of US$ 1.1 Billion in 2023.
Aerodynamics is the third most effective technique for reducing emissions in the automotive industry after powertrain improvement and weight reduction. Active aerodynamics is an advanced technology which selectively admits or restricts airflow based on real-time requirements and contributes towards the reduction in drag and thereby reducing emissions.
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High demand for fuel efficient vehicles and stringent regulations by various governments to reduce carbon emissions are the most dominant factors triggering the growth in active aerodynamics market. In addition, the market will be driven by multitude of factors, a few of which are noted below:
Rising automobile production:
The global automobile production is likely to top 100 million mark by 2022, most of the growth can be attributed to the increasing production in Asia-Pacific region. With the rising GDP levels across the globe, the demand for automobiles will grow leading to the surge in the demand for active aerodynamics.
Increasing Penetration of SUVs in total vehicle production:
The penetration of SUVs is increasing which has led to upsurge in the demand of effective aerodynamic management. Without active grille shutters, air entering the engine compartment from the front creates approx. 10% of the total aerodynamic drag of a passenger car, and much more than that in heavy-duty vehicles. With active shutters, a smooth airflow over the front of the vehicle leads to lower drag coefficient, less fuel consumption and significantly less CO2 emission. (approximately 3 g/km less).
High speed and torque performance:
Active grille shutter is essentially a way to boost fuel economy at higher speeds. These are now being used by GM, Ford, and Chrysler among others to give gas mileage boosts to their highest-efficiency models.
All the major automakers have vigorously been incorporating active components in their most-renowned vehicle models with the purpose to improve the overall fuel efficiency of vehicles.
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.
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Report Features
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: North America, Europe, Asia-Pacific, and RoW)
- 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:
Click Here for Other Reports from Stratview Research in the Automotive Industry
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