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Global Automotive Aerodynamic Market for Forecast to 2025 with Magna, Roechling Automotive Plastic Omnium, SMP Deutschland and Valeo Dominating

Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.

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.

Some of the key players in the aerodynamic market for automotive are Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), and Valeo (France).

Key Topics Covered:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
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
2.4 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

For more information about this report visit https://www.researchandmarkets.com/research/99xw96/global_automotive?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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