Aerodynamic Market for Automotive by Application, by EV Type (BEV and HEV), Mechanism (Active System and Passive System), Vehicle Type (Light Duty Vehicles and Heavy Commercial Vehicles), and Region - Global Forecast to 2025

  • ID: 4607558
  • Report
  • Region: Global
  • 140 Pages
  • Markets and Markets
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The Global Aerodynamic Market for Automotive is Estimated to be USD 23.65 Billion in 2018 and is Projected to Reach USD 32.77 Billion by 2025, at a CAGR of 4.77% From 2018 to 2025.

FEATURED COMPANIES

  • Airflow Deflector Inc.
  • Batz, S. Coop.
  • Inoac Corporation
  • Piedmont Plastics, Inc.
  • Polytec Holding AG
  • Roechling Automotive
  • MORE

“Increase in demand for stylish and fuel-efficient vehicles is expected to propel the market of automotive aerodynamics in the coming years”

The global aerodynamic market for automotive is estimated to be USD 23.65 billion in 2018 and is projected to reach USD 32.77 billion by 2025, at a CAGR of 4.77% from 2018 to 2025. The market growth is primarily driven by the increasing demand for stylish and fuel-efficient vehicles. However, the increase in the price of the vehicles due to the inclusion of various aerodynamic applications can restrain the growth of the automotive aerodynamic market.

“Heavy commercial vehicle segment is estimated to be the fastest-growing segment of the aerodynamic market for automotive, in terms of value, by 2025”

The higher weight of heavy commercial vehicles is a major reason for their higher fuel consumption as compared to light-duty vehicles. Moreover, their boxy shapes contribute to higher aerodynamic drag in these vehicles. Engineers and designers are now coming up with sophisticated aerodynamic components such as wind deflectors, gap fairings, and side skirts, which can lower the fuel consumption of this vehicle type. Tremendous innovations are also being made in this vehicle type in relation to using lightweight materials for the manufacturing of these aerodynamic applications. The huge scope of advancement of aerodynamics in HCVs in developing nations is expected to contribute to the higher growth of this vehicle type in the automotive aerodynamics market. 

“Passive systems segment is estimated to be the largest segment of the aerodynamic market for automotive, in terms of value”

The passive aerodynamic applications have become increasingly important in today’s vehicles. This is because these systems are significant contributors to reduction in fuel consumption in the ICE vehicles and reduction in battery usage in EVs. This is achieved by reducing the drag force on the vehicle. Sometimes such systems are also installed to improve the aesthetic appeal of the vehicle. The passive system market is already a saturated market for the LDVs and has a decent penetration for the HCVs in developed countries. Also, the lower cost of these systems as compared to active systems makes them a preferred choice of OEMs around the globe, thus making this segment the largest segment in the automotive aerodynamics market. 

“RoW is estimated to be the fastest growing market for automotive aerodynamics, in terms of value”

RoW is estimated to be the fastest growing region in the aerodynamic market for automotive during the forecast period. The region comprises developing countries such as Brazil, Iran, and South Africa which have witnessed significant growth in the automobile sector in the recent past. Vehicle manufacturers see Brazil as South America’s biggest consumer market with an active economy and are hence focusing on expanding their reach in it. For instance, Nissan started manufacturing its Kicks model locally in Brazilian plant since April 2017 owing to its increased demand. The plant was initially established in April 2014 for manufacturing Micra. The growth of this region’s automotive market can be attributed to the rise in the demand for vehicles, the availability of cheap labor, and low production costs. The aerodynamic market for automotive is expected to grow in line with the increase in automotive production in the region.

The study contains insights provided by various industry experts, ranging from automotive aerodynamic application manufacturers to automobile OEMs and various automotive associations. The break-up of the primaries is as follows:

  • By Company Type: OEMs–33%, Tier I–42% and Tier II–25%
  • By Designation: C Level–17%, D Level–33% and Others –50%
  • By Region: Asia Pacific–58%, Europe–33% and North America–9%

Note: *Others includes sales managers, marketing managers, and product managers.
          *Company tiers are based on the value chain; revenues of the companies have not been considered.
          Tier 1s are automotive aerodynamic application manufacturers; tier 2s are automotive aerodynamic application component suppliers, Others* are OEMs and tier 3 companies.

Research Coverage

The report covers the aerodynamic market for automotive by application (grille shutter, spoiler, air dam, side skirts, diffuser, wind deflectors, and gap fairing), by EV Type (BEV and HEV), by mechanism (active system and passive system), by vehicle type (light-duty vehicles and heavy commercial vehicles), and region (Asia Pacific, Europe, North America, and Rest of the World).

Reasons to Buy the Report:

The report provides insights into the following points:

  • Market Penetration: The report provides comprehensive information on aerodynamic applications offered by the top players in the industry for the automotive market.
  • Product Development/Innovation: The report provides detailed insights into upcoming technologies, R&D activities, and new product launches in the aerodynamic market for automotive.
  • Market Development: The report offers comprehensive information about the aerodynamic market for automotive. The report analyzes the market for automotive aerodynamic applications across regions and provides comprehensive information about the lucrative emerging markets.
  • Market Diversification: The report provides exhaustive information about emerging trends, market dynamics, and investments in the global aerodynamic market for automotive.
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FEATURED COMPANIES

  • Airflow Deflector Inc.
  • Batz, S. Coop.
  • Inoac Corporation
  • Piedmont Plastics, Inc.
  • Polytec Holding AG
  • Roechling Automotive
  • MORE

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Data Triangulation
2.5 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In The Aerodynamic Market For Automotive
4.2 Aerodynamic Market For Automotive, By Region
4.3 Aerodynamic Market For Automotive, By Country
4.4 Aerodynamic Market For Automotive, By Mechanism
4.5 Aerodynamic Market For Automotive, By Vehicle Type
4.6 Aerodynamic Market For Automotive, By Electric Vehicle Type
4.7 Aerodynamic Market For Automotive, By Application

5 Technological Overview
5.1 Introduction
5.2 Mechanisms Of Aerodynamic Parts
5.2.1 Aerodynamic Market For Automotive, By Mechanism
5.2.1.1 Active Systems
5.2.1.2 Passive Systems
5.3 Testing Systems Of Aerodynamic Parts
5.3.1 Aerodynamic Market For Automotive, By Testing Systems
5.3.1.1 Wind Tunnel Test
5.3.1.2 Computational Fluid Dynamics (Cfd)

6 Market Overview
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.1.1 Need To Minimize External Noise And CO2 Emission
6.2.1.2 Increasing Electric Vehicle Production
6.2.1.3 Increased Appeal Through Enhanced Aerodynamic Components
6.2.2 Restraints
6.2.2.1 Deficient Testing Mechanisms
6.2.3 Opportunities
6.2.3.1 Increasing Adoption Of Aerodynamic Components In HCVs
6.2.3.2 Developing Active Aerodynamic Systems For Economy Vehicles
6.2.4 Challenges
6.2.4.1 Differentiating Vehicle Design While Maintaining Aerodynamic Efficiency

7 Aerodynamic Market For Automotive, By Electric Vehicle Type
7.1 Introduction
7.2 BEV
7.3 HEV

8 Aerodynamic Market For Automotive, By Mechanism
8.1 Introduction
8.2 Active System
8.3 Passive System

9 Aerodynamic Market For Automotive, By Vehicle Type
9.1 Introduction
9.2 Light-Duty Vehicles
9.3 Heavy Commercial Vehicles

10 Aerodynamic Market For Automotive, By Application And Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Thailand
10.2.6 Rest Of The Asia Pacific
10.3 Europe
10.3.1 France
10.3.2 Germany
10.3.3 Russia
10.3.4 Spain
10.3.5 Turkey
10.3.6 UK
10.3.7 Rest Of Europe
10.4 North America
10.4.1 Canada
10.4.2 Mexico
10.4.3 US
10.5 Rest Of The World
10.5.1 Brazil
10.5.2 Iran
10.5.3 Others

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Situations & Trends
11.3.1 New Product Developments
11.3.2 Expansions
11.3.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures/Agreements/Mergers & Acquisitions

12 Company Profiles
12.1 Magna Exteriors
12.2 Roechling Automotive
12.3 Plastic Omnium
12.4 SMP Deutschland GmbH
12.5 Valeo
12.6 SRG Global, Inc.
12.7 Polytec Holding AG
12.8 AP Plasman
12.9 Inoac Corporation
12.10 Rehau Group
12.11 P.U. Tech Industry Sdn.Bhd
12.12 Brose Fahrzeugteile GmbH & Co. Kg
12.13 HBPO GmbH
12.14 Spoiler Factory
12.15 Batz, S. Coop.
12.16 Piedmont Plastics, Inc.
12.17 Airflow Deflector Inc.
12.18 Hilton Docker Mouldings Ltd
12.19 Johnson Electric Holdings Limited
12.20 Sonceboz

13 Appendix

List of Tables

Table 1 Currency Exchange Rates (Wrt USD)
Table 2 Impact of Market Dynamics Over the Forecast Period
Table 3 Automotive Aerodynamic Market, By Electric Vehicle Type, 2016–2025 (Thousand Units)
Table 4 Automotive Aerodynamic Market, By Electric Vehicle Type, 2016–2025 (USD Million)
Table 5 BEV: Automotive Aerodynamic Market Size, By Region, 2016–2025 (Thousand Units)
Table 6 BEV: Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 7 HEV: Automotive Aerodynamic Market Size, By Region, 2016–2025 (Thousand Units)
Table 8 HEV: Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 9 Automotive Aerodynamic Market Size, By Mechanism, 2016–2025 (000’ Units)
Table 10 Automotive Aerodynamic Market Size, By Mechanism, 2016–2025 (USD Million)
Table 11 Active System: Automotive Aerodynamic Market Size, By Region, 2016–2025 (000’ Units)
Table 12 Active System: Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 13 Passive System: Automotive Aerodynamic Market Size, By Region, 2016–2025 (000’ Units)
Table 14 Passive System: Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 15 Aerodynamic Market for Automotive, By Vehicle Type, 2016–2025 (Thousand Units)
Table 16 Market, By Vehicle Type, 2016–2025 (USD Million)
Table 17 Light Duty Vehicles: Automotive Aerodynamic Market Size, By Region, 2016–2025 (Thousand Units)
Table 18 Light Duty Vehicles: Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 19 Heavy Commercial Vehicles: Automotive Aerodynamic Market Size, By Region, 2016–2025 (Thousand Units)
Table 20 Heavy Commercial Vehicles: Automotive Aerodynamic Market Size, 2016–2025 (USD Million)
Table 21 Automotive Aerodynamic Market Size, By Region, 2016–2025 (000’ Units)
Table 22 Automotive Aerodynamic Market Size, By Region, 2016–2025 (USD Million)
Table 23 Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 24 Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 25 Asia Pacific: Automotive Aerodynamic Market Size, By Country, 2016–2025 (000’ Units)
Table 26 Asia Pacific: Automotive Aerodynamic Market Size, By Country, 2016–2025 (USD Million)
Table 27 Asia Pacific: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 28 Asia Pacific: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 29 China: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 30 China: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 31 India: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 32 India: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 33 Japan: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 34 Japan: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 35 South Korea: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 36 South Korea: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 37 Thailand: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 38 Thailand: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 39 Rest of the Asia Pacific: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 40 Rest of Asia Pacific: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 41 Europe: Automotive Aerodynamic Market Size, By Country, 2016–2025 (000’ Units)
Table 42 Europe: Automotive Aerodynamic Market Size, By Country, 2016–2025 (USD Million)
Table 43 Europe: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 44 Europe: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 45 France: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 46 France: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 47 Germany: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 48 Germany: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 49 Russia: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 50 Russia: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 51 Spain: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 52 Spain: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 53 Turkey: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 54 Turkey: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 55 UK: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 56 UK: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 57 Rest of Europe: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 58 Rest of Europe: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 59 North America: Automotive Aerodynamic Market Size, By Country, 2016–2025 (000’ Units)
Table 60 North America: Automotive Aerodynamic Market Size, By Country, 2016–2025 (USD Million)
Table 61 North America: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 62 North America: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 63 Canada: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 64 Canada: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 65 Mexico: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 66 Mexico: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 67 US: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 68 US: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 69 RoW: Automotive Aerodynamic Market Size, By Country, 2016–2025 (000’ Units)
Table 70 RoW: Automotive Aerodynamic Market Size, By Country, 2016–2025 (USD Million)
Table 71 RoW: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 72 RoW: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 73 Brazil: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 74 Brazil: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 75 Iran: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 76 Iran: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 77 Others: Automotive Aerodynamic Market Size, By Application, 2016–2025 (000’ Units)
Table 78 Others: Automotive Aerodynamic Market Size, By Application, 2016–2025 (USD Million)
Table 79 New Product Developments, 2015–2018
Table 80 Expansions, 2015-2018
Table 81 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/Agreements/Mergers & Acquisitions, 2015–2018

List of Figures

Figure 1 Aerodynamic Market for Automotive Segmentation
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Aerodynamic Market for Automotive, By Vehicle Type: Bottom-Up Approach
Figure 6 Market, By Mechanism: Top-Down Approach
Figure 7 Automotive Aerodynamics Market: Market Dynamics
Figure 8 Active Aerodynamic Systems to Have the Highest Growth in the Aerodynamic Market for Automotive, 2018 vs 2025 (USD Million)
Figure 9 Asia Pacific to Hold the Largest Share of the Market, 2018 vs 2025 (USD Million)
Figure 10 Aerodynamic Market for Automotive: Market Size
Figure 11 Increasing Adoption of Aerodynamic Applications for Better Fuel Economy and Aesthetics to Drive the Market in the Next 7 Years
Figure 12 Asia Pacific to Be the Largest Aerodynamic Market for Automotive, 2018 vs 2025 (By Value)
Figure 13 Indian Market Expected to Witness the Highest Growth During the Forecast Period (By Value)
Figure 14 Active Systems to Grow at the Highest Rate From the Period of 2018 to 2025 (By Value)
Figure 15 LDV Segment Expected to Be Dominate Overall Market Between 2018 and 2025 (By Value)
Figure 16 BEV Segment Projected to Have the Highest Market Share By 2025 (By Value)
Figure 17 Grille Segment Projected to Have the Highest Market Share in 2018 (By Value)
Figure 18 Active Rear Spoiler in Bugatti Veyron
Figure 19 Passive Rear Spoiler in Porsche Gt3
Figure 20 Aerodynamics for Automotive: Market Dynamics
Figure 21 Electric Vehicle Production (2016 vs 2017)
Figure 22 Aerodynamic Market for Automotive, By Electric Vehicle Type, 2018 vs 2025 (USD Million)
Figure 23 Market, By Mechanism, 2018 vs 2025 (USD Million)
Figure 24 Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 25 Aerodynamics Market for Automotive, By Region, 2018 vs 2025
Figure 26 Asia Pacific: Aerodynamics Market for Automotive Snapshot
Figure 27 Europe: Aerodynamics Market for Automotive, By Country, 2018 vs 2025 (000’ Units)
Figure 28 North America: Automotive Aerodynamics, By Country, 2018 vs 2025 (USD Million)
Figure 29 RoW: Automotive Aerodynamic Market Size, By Country, 2018 vs 2025 (000’ Units)
Figure 30 Key Developments By Leading Players in this Market for 2015–2018
Figure 31 Aerodynamic Market for Automotive Ranking: 2017
Figure 32 Magna Exteriors: Company Snapshot
Figure 33 Magna Exteriors: SWOT Analysis
Figure 34 RoEchling Automotive: Company Snapshot
Figure 35 RoEchling Automotive: SWOT Analysis
Figure 36 Plastic Omnium: Company Snapshot
Figure 37 Plastic Omnium: SWOT Analysis
Figure 38 SMP Deutschland GmbH: Company Snapshot
Figure 39 SMP Deutschland GmbH: SWOT Analysis
Figure 40 Valeo: Company Snapshot
Figure 41 Valeo: SWOT Analysis
Figure 42 Polytec Holding AG: Company Snapshot
Figure 43 Inoac Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • Airflow Deflector Inc.
  • Ap Plasman
  • Batz, S. Coop.
  • Brose Fahrzeugteile GmbH & Co. Kg
  • Hbpo GmbH
  • Hilton Docker Mouldings Ltd
  • Inoac Corporation
  • Johnson Electric Holdings Limited
  • Magna Exteriors
  • P.U. Tech Industry Sdn.Bhd
  • Piedmont Plastics, Inc.
  • Plastic Omnium
  • Polytec Holding AG
  • Rehau Group
  • Roechling Automotive
  • SMP Deutschland GmbH
  • Sonceboz
  • Spoiler Factory
  • SRG Global, Inc.
  • Valeo
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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