What is Car Rear Spoiler Market?
Car rear spoiler is the automatic aerodynamic component which is mainly designed for undesirable air across the body when the vehicle is in motion. It is made of lightweight polymer-based material which includes fiberglass, ABS Plastic, silicon, carbon fiber, among others. Rising Number of passenger and the commercial car in developing countries and the increasing popularity of carbon fiber active rear spoiler
Highlights from Car Rear Spoiler Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Plastic Omnium (France), Magna International (Canada), SMP Deutschland GmbH (Germany), Jiangnan MPT (China), A.P. Plasman Inc. (Canada), SRG Global, Inc. (United States), Polytec Holding AG (Austria), DaikyoNishikawa (Japan), Dar Spoilers (United States) and Thai Rung Union Car Public Company Limited (Thailand) |
The car rear spoiler market is highly fragmented with the presence of regional and local players operating in the market. There are various players operating in the market such as Plastic Omnium (France), Magna International (Canada), SMP Deutschland GmbH (Germany), among others. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Car Rear Spoiler market throughout the forecasted period.
Plastic Omnium (France), Magna International (Canada), SMP Deutschland GmbH (Germany), Jiangnan MPT (China), A.P. Plasman Inc. (Canada), SRG Global, Inc. (United States), Polytec Holding AG (Austria), DaikyoNishikawa (Japan), Dar Spoilers (United States) and Thai Rung Union Car Public Company Limited (Thailand) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Eakas Corporation (United States). Car Rear Spoiler Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Hatchback, Sedan, SUV and Sedan |
Design | Strips,Free Standing Wing,Others |
Material | ABS Plastics,Aluminum,Carbon Fiber,Fiber Glass,Others |
Sales Channel | OEM,Aftermarket |
On the basis of geography, the market of Car Rear Spoiler has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand of Lightweight Automotive Active Rear Spoiler in Passenger Vehicle and Technology Advancement in Car Rear Spoiler
Market Growth Drivers:
Rising Demand of Carbon Fiber Active near Spoilers and Increasing Popularity of Carbon Fiber Active Rear Spoiler and Increasing Purchasing Power of People in Developing Countries
Challenges:
High prices of product and issue related to Development of Cost-Effective Spoilers
Restraints:
Problem related to Fluctuations in the Raw Material Prices
Opportunities:
Growing Demand from Emerging Market such as China, India, Brazil, among others and Increasing Use in the Non-Sports Cars across the world
Key Target Audience
Car Rear Spoiler Companies, Research Organizations, Governments, Financial Institutions, and Investment Communities, Raw Material and Manufacturing Equipment Suppliers, Government Regulatory Authorities and Technology Investors
Market Leaders & Development Strategies
In November 2020, automotive and manufacturing leader Plasman Group was known only as Plasman in the automotive, consumer, and medical markets. With a rich history dating back more than 40 years, this change reflects the company's growth from a two-person tool shop to a global industry leader. Plasman is a leading supplier of exterior trims, bumpers/fascias, interior systems, and sub-components to major OEM automotive brands and plays a key role in the consumer goods market specializing in precision molding. Recently, we are diversifying our business into the medical device and biotechnology industries.