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    Rear Spoiler Market Report

    Rear Spoiler Market Report
    Report code - SRTI207 Delivery - 2 Weeks
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    Rear Spoiler Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-202 See more...

    Impact of COVID-19 on Rear Spoiler Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Rear Spoiler Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Rear Spoiler Market is likely to witness an impressive CAGR of 6.4% during the forecast period. Growing demand for performance cars with improved aesthetic appearance and technological advancements in the automotive industry are some of the key factors fueling the growth of the market during the forecast period.

    Rear Spoiler Market - Snapshot

    Growth

    6.4% for the next five years

    Major Technology Type

    Injection Molding

    Dominating Material Type

    ABS Plastic

    Major Fuel Type

    Hybrid

    Dominant Vehicle Type

    SUV

    Major End-Use Type

    Aftermarket

    Region with the highest demand

    Asia-Pacific

    Key Players

    Albar Industries, Inc., Anderson Composites, Changzhou Huawei, DAR Spoilers, Hamann, Inoac Corporation, M.U.G.E.N, Magna International, Inc., Mercedes-AMG GmbH, and Mitsubishi.

    Segment Analysis

    Rear-Spoiler-Market-Dominant-Segments

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    Rear Spoiler Market Share: By Technology Type

    Based on the technology type, the market is segmented as blow molding, injection molding, and reaction injection molding. Injection molding is estimated to register high growth rate in the market on account of high efficiency and ease of molding complex component design because of its superior design flexibility. Further, its capability to decrease wastes and labor costs is expected to fuel the segment’s growth during the forecast period. On the other hand, blow molding is estimated to be the dominating segment of the market owing to rapid and high-volume production capabilities requiring lower pressure that decreases the mold and machinery cost, boosting the segment’s growth over the forecast period.

    Rear Spoiler Market Share: By Material Type

    Based on the material type, the market is segmented as ABS plastic, fiberglass, carbon fiber, and sheet metal. ABS plastic is estimated to be the dominating segment of the market during the forecast period owing to its advantageous features, such as superior impact and scratch resistance coupled with high heat resistivity of the material making it more suitable for automotive application. On the other hand, carbon fiber is also estimated to register strong growth on account of its superior weight-to-strength ratio and flexibility.

    Rear Spoiler Market Share: By Fuel Type

    Based on the fuel type, the market is segmented as ICE, BEV, and hybrid. The hybrid segment is estimated to witness significant growth in the market on account of growing supportive measures by the government for low emission vehicles during the forecast period. Further, ICE is also estimated to account for a significant share of the market owing to large vehicle fleet size.

    Rear Spoiler Market Share: By Vehicle Type

    Based on the vehicle type, the market is segmented as hatchback, SUV, and MPV. SUV is estimated to be the dominating segment of the market on account of growing vehicle sales during the forecast period. It provides superior comfort and seating space, fueling the segment’s growth over the forecast period. Moreover, hatchback vehicle type is estimated to witness significant growth rate in the market owing to its installation for enhancing the braking stability of the vehicle.

    Rear Spoiler Market Share: By End-Use Type

    Based on the end-use type, the market is segmented as OEM and aftermarket. Aftermarket is estimated to account for the major share of the market with its installation to enhance vehicle aesthetics. The aftermarket players are offering products at various price ranges, in order to increase the demand for the product. On the other hand, OEM is estimated to witness significant growth in the market during the forecast period on account of the optimized costs of pre-installed products.

    Rear Spoiler Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market on account of growing vehicle production in the region during the forecast period. China is the growth engine of the region enhancing the production capability to strengthen its manufacturing sector and provide lucrative growth opportunities in the regional market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Rear-Spoiler-Market-By-Region

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    Market Scope & Segmentation

    Rear spoiler is basically an aerodynamic device of the vehicle which is designed to disrupt the air movement by creating the vertical force that acts on the tire by causing traction on the road and eventually reduces the air drag.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Rear Spoiler Market Research Report - Features

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The rear spoiler market is segmented into the following categories. 

    Rear Spoiler Market Size, Share, & Forecast, by Technology Type:

    • Blow Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Reaction Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Rear Spoiler Market Size, Share, & Forecast, by Material Type:

    • ABS Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) 
    • Carbon Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sheet Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Rear Spoiler Market Size, Share, & Forecast, by Fuel Type:

    • ICE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • BEV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hybrid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Rear Spoiler Market Size, Share, & Forecast, by Vehicle Type:

    • Hatchback (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • SUV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • MPV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Rear Spoiler Market Size, Share, & Forecast, by End-Use Type:

    • OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Rear Spoiler Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Rear-Spoiler-Market-Segmentation

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    Key Players

    Some of the key players in the rear spoiler market are- 

    • Albar Industries, Inc.
    • Anderson Composites
    • Changzhou Huawei
    • DAR Spoilers
    • Hamann
    • Inoac Corporation
    • M.U.G.E.N
    • Magna International, Inc.
    • Mercedes-AMG GmbH
    • Mitsubishi.

    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 into 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

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the vehicle types by technology type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The rear spoiler market is expected to witness an impressive growth of 6.4% CAGR in the foreseeable future.

    Albar Industries, Inc., Anderson Composites, Changzhou Huawei, DAR Spoilers, Hamann, Inoac Corporation, M.U.G.E.N, Magna International, Inc., Mercedes-AMG GmbH, and Mitsubishi are among the key players in the rear spoiler market.

    Asia-pacific is expected to be the leading rear spoiler market during the forecast period of 2021-26.

    Injection molding is expected to register high growth rate in the rear spoiler market in the coming five years.

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