The global rear spoiler market size is expected to reach USD
7.30 billion by 2025, according to a study conducted by Grand View Research,
Inc., progressing at a CAGR of 7.9% during the forecast period. Soaring need
for safe and fuel-efficient vehicles is boosting the adoption of rear spoilers.
They provide increased braking stability that offers drivers enhanced braking
time at high speed.
The North America region is anticipated to
witness considerable growth over the coming years due to domicile of rear
spoiler providers such as Magna International and DAR Spoilers. Additionally,
stringent emission control norms are encouraging users to invest in rear
spoilers. They reduce the drag by pushing air around the vehicle, which assists
in gaining fuel efficiency. Growing emphasis on enhanced fuel efficiency is
triggering the growth of the market in developing regions. Prominent automobile
companies such as Aisin Seiki Co, Ltd are making significant investments in
countries such as China.
However, high costs of installation and
maintenance may hamper the growth of the market over the forecast period. In
order to address the challenge, rear spoiler providers often offer appropriate
devices at affordable prices along with post-sale services for building
customer confidence.
Browse full research report on Rear
Spoiler Market: https://www.grandviewresearch.com/industry-analysis/rear-spoiler-market
Further key
findings from the study suggest:
- The green vehicles segment is expected to be
the fastest growing segment with a CAGR of over 8.0% during the forecast
period, owing to benefits such as low maintenance costs
- Active spoilers offer benefits such as high
aesthetics and reduced torque. The segment is likely to dominate the
market throughout the forecast period, accounting for more than 60.0% of
the overall revenue by 2025
- North America is estimated to be the most promising
region over the forecast period owing to domicile of a large number of key
players
- Some of the prominent companies operating in
the market are Magna International Inc.; Plastic Omnium; Aisin Seiki Co.;
Ltd; DAR Spoilers; INOAC Corporation; and SMP Group.
Browse request sample of this report by
Grand View Research:
https://www.grandviewresearch.com/industry-analysis/rear-spoiler-market/request/rs1
Grand
View Research has segmented the global rear spoiler market based on vehicle
type, system type, and region:
Rear Spoiler
Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)
- Conventional Car
- Green Vehicle
Rear Spoiler
System Type Outlook (Revenue, USD Million; 2014 - 2025)
- Passive Spoiler
- Active Spoiler
Rear Spoiler
Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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