Global Rear Spoiler Market Size Analysis, 2018-2028

Report ID: BKR732 Domain: Automotive and Transport Published Date: June 2018

 

 

Global Rear Spoiler Market Size is estimated to be valued over USD 3.9 billion in 2018 and will register a CAGR of 4.1% to create high revenue opportunity for industry players during the forecast period (2018-2028).

Rear spoiler helps in increasing gas mileage in automotive vehicles and reduces the drag – thus helping in lowering the fuel consumption needed to propel the vehicle forward. Product innovation and partnership are key trends witnessed in the rear spoiler market. Recently, in 2017, Japan based carmaker Mazda Motor Corp. – filed two patents with United States Patent & Trademark office related to rear spoiler and aerodynamic safety features.

Global Rear Spoiler Market Drivers and Challenges

Technological advancement in the industry has helped car manufacturers to increase the fuel efficiency and lower the overall weight. Rear spoiler has immense benefit as it offers good control on turning – thereby adding safety features to the industry. Nowadays, most cars are coming up with rear spoiler with high prominence in SUV and heavy vehicles. Positive outlook towards overall automotive sales especially sports utility and SUV will create favorable business environment for real spoiler manufacturers and suppliers.

In just five years, worldwide sales of cars increased from 53 million units in 2012 to over 85 million units in 2017 – registering 60% growth during the time period. High per capita income along with changing consumer preferences has boosted overall sales. This in turn is creating substantially higher demand for real spoilers worldwide. Moreover, global percent share of SUV has increased by 1000 basis points to reach 36% in 2017. In U.S. light vehicle witnessed over 17 million unit sales in 2016. It is expected to continue to maintain its growth rate during the forecast period.

Luxury and sports utility vehicles are also gaining higher prominence worldwide. World leading luxury car manufacturer – Mercedes Benz witnessed 10% growth in luxury car segment in 2017. The trend is similar to most sports utility vehicles. Higher sales in SUV and sports utility will drive rear spoiler market size worldwide.

On technological level, rear spoilers are engaged in development of customized rear spoiler to meet automotive industry standards and expectations. Automotive players are focusing on reducing total weight of cars and other vehicles and as a result will push the rear spoiler market growth.

Industry disruption will also play a major role in overall development of rear spoiler market. Advent of electrical vehicles will fuel the overall automotive industry verticals. In U.S., federal government offers financial incentives including tax credits for lowering the operational and up-front cost and thereby enhance overall sales. In developing regions, such as India, the government extends its support to purchase 111 thousand electric and hybrid vehicles under FAME-India scheme in 2017. Various such measures are taken across worldwide. These factors will play a major role in shaping the rear spoiler value chain and total sales.

Global Rear Spoiler Market Analysis, By Material

By material, Acrylonitrile Butadiene Styrene dominates the overall sales. Most rear spoilers are of ABS material. These material offer light weight and is generally price efficient compared to other materials. As such, operational cost by ABS is nearly 7% lower compared to other materials. In 2017, ABS rear spoiler market share accounted for over 43% of global sales.

Though the segment accounted for majority of the market share, it will lose considerable market share to carbon fiber based rear spoiler. High tensile strength and durability has led to market shifting towards carbon fiber based materials. Moreover, the players in the segment is comparatively lower compared to ABS. As such, there is wide range for manufacturers to play on pricing strategy.

Global Rear Spoiler Market Outlook, By Sales Channel

OEM will dominate the overall real spoiler market revenue by sales channel. As per the estimates, OEM accounted for over 77% of global share in 2017. This will further increase owing to emergence of disruptive technology. OEM players are focusing on product innovation and aerodynamic feature to meet industry standards.

Global Rear Spoiler Market Size Analysis, By Fuel Type

By fuel type, global rear spoiler market value is segmented into internal combustion energy (ICE) and BEV. While, safety features is expected to boost overall demand for ICE based rear spoilers throughout the forecast period, battery electric vehicle will gain significant traction owing to emergence of hybrid and electric vehicles. By 2028, BEV will capture over 1,800 basis points of ICE – leading to high scale market penetration and industry opportunity in newer segment.

Global Rear Spoiler Market Analysis, By Technical Features

Blow molding based rear spoilers dominated the overall sales in 2017. It will account for over 40% of global share in 2018. Blow molding is cost effective and reduces the up-front cost – leading to its wide scale usage for rear spoilers.

Global Rear Spoiler Market Size, By Vehicle Type

Passenger vehicles sales will account for over 83% of global rear spoiler markets share. In passenger vehicles, sports utilities and SUV will have a major share in passenger vehicles. SUV will account for over 70% of passenger vehicle sales in 2018.

Global Rear Spoiler Market Size and Forecast: Regional Analysis

Globally, rear North America dominated the rear spoiler market revenue in 2017. High end sales of SUV along with sports utility vehicles has boosted overall automotive rear spoiler sales. As per the estimates, over 18 million rear spoilers were sold in 2017. This is primarily attributed to large scale purchase of SUV in the region.

Asia Pacific trails behind the North America and will surpass the later sales by 2020. Much of the sales in the region will be concentrated to China and Japan. Government regulations concerning safety feature will be a key driving factors for overall business growth.

Western Europe sales will be stagnant owing to slower adoption of SUV and decreased automotive spending in last five years. Much of the sales is expected to generate from Germany, UK and France – collectively accounting for over 69% of regional sales in 2017.

Global Rear Spoiler Market Size and Forecast: Competition Landscape

Automotive companies are focusing on product level enrichment. As such there has been many developments related to rear spoiler in last few years. Various companies are coming up with rear spoilers to enhance safety features.

Some of the key global Rear Spoiler market players are Mercedes-AMG GmbH, Changzhou Huawei, Mitsubishi, Plastic Omnium, Albar Industries, Inc., Polytec Group, Magna International, Inc., and DAR Spoilers.

Rear Spoiler Market Industry Segmentation

By Material:

  • ABS
  • Carbon Fiber
  • Fiber Glass
  • Silicon

By Technical Features:

  • Blow Molding
  • Injection Molding

By Distribution Channel:

  • OEM
  • Aftermarket

By Fuel type:

  • BEV
  • ICE

By Vehicle Type:

  • Passenger Vehicles
    • Conventional
      • Compact Vehicles
      • Sports Utilities
      • SUVs
    • Electric Vehicles
      • PHEV
      • HEV
      • BEV
    • Commercial Vehicles
      • Light Duty Vehicles
      • Heavy Duty Vehicles
    • Electric Vehicles
      • Electric Bus
      • Electric Trucks
      • Tractors

What Will You Discover in the Report?

  • An in-depth analysis of the Rear Spoiler market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Rear Spoiler market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Rear Spoiler market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Rear Spoiler industry during the forecast period
  • Who are the Rear Spoiler industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Rear Spoiler Industry Suppliers
  • Rear Spoiler Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Industry Specialists

Analyst access with Bekryl Market Analysts

Purchasing of Rear Spoiler market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Rear Spoiler Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Rear Spoiler Market Value
    • Overall Market Forecast
    • Rear Spoiler Growth Outlook, By Segments
    • Rear Spoiler Growth Scenario, by Region
  6. The Rear Spoiler Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Rear Spoiler Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Rear Spoiler Market Pricing Analysis
    • Rear Spoiler Product Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Rear Spoiler Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Rear Spoiler Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Rear Spoiler Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Rear Spoiler Industry Size and Forecast, By Segments

By Material:

  • ABS
  • Carbon Fiber
  • Fiber Glass
  • Silicon

By Technical Features:

  • Blow Molding
  • Injection Molding

By Distribution Channel:

  • OEM
  • Aftermarket

By Fuel type:

  • BEV
  • ICE

By Vehicle Type:

  • Passenger Vehicles
    • Conventional
      • Compact Vehicles
      • Sports Utilities
      • SUVs
    • Electric Vehicles
      • PHEV
      • HEV
      • BEV
    • Commercial Vehicles
      • Light Duty Vehicles
      • Heavy Duty Vehicles
    • Electric Vehicles
      • Electric Bus
      • Electric Trucks
      • Tractors
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Rear Spoiler Market, By Segments (As mentioned in section 10 of TOC)
    • S. Rear Spoiler Market Size and Forecast, By Segments
    • Canada Rear Spoiler Market Size and Forecast, By Segments
  2. Latin America Rear Spoiler Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Rear Spoiler Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Rear Spoiler Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Rear Spoiler industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Rear Spoiler Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Rear Spoiler Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Rear Spoiler Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Rear Spoiler industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Rear Spoiler Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Rear Spoiler Market, By Segments (As mentioned in section 10 of Rear Spoiler Market TOC)
    • Russia Rear Spoiler Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Rear Spoiler industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Rear Spoiler Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Rear Spoiler Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Rear Spoiler Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Rear Spoiler industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Rear Spoiler Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Rear Spoiler Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Rear Spoiler Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Rear Spoiler Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Rear Spoiler industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Rear Spoiler Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Rear Spoiler Industry Size and Forecast, (2017-2027)
    • Africa Rear Spoiler Industry Share (%)
    • Africa Rear Spoiler Industry Growth Forecast (%)
    • South Africa Rear Spoiler Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Rear Spoiler industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Rear Spoiler Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • Mercedes-AMG GmbH
      • Changzhou Huawei
      • Mitsubishi
      • Plastic Omnium
      • Albar Industries, Inc.
      • Polytec Group
      • Magna International, Inc.
      • DAR Spoilers
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Rear Spoiler industry TOC and sample research pages, download sample.

Rear Spoiler Market Report Structure

Rear Spoiler Industry Dynamics

This section enables Rear Spoiler industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Rear Spoiler market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Rear Spoiler industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Rear Spoiler Industry Trends
  • Rear Spoiler Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Rear Spoiler Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Rear Spoiler industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Rear Spoiler industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Rear Spoiler market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Rear Spoiler Market Size

  • S.
  • Canada

Latin America Rear Spoiler Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Rear Spoiler Market value analyzed across each Latin America country)

Western Europe Rear Spoiler Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Rear Spoiler Market value analyzed across each Western Europe country)

Central and Eastern Europe Rear Spoiler Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Rear Spoiler Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Rear Spoiler Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Rear Spoiler Market value analyzed across each Asia Pacific country)

Middle East Rear Spoiler Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Rear Spoiler Market value analyzed across each Middle East country)

Africa Rear Spoiler Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Rear Spoiler Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Rear Spoiler Market Growth Forecasting Methodology

In order to prepare historical data and analyze Rear Spoiler market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Rear Spoiler market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Rear Spoiler market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Rear Spoiler industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

Rear Spoiler Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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