Global Aerodynamic Automotive Market
Global Aerodynamic Automotive Market accounted for US$ 23.65 Bn in 2019 is expected to reach US$ XX Bn by 2026 at a XX % CAGR.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Aerodynamics is the most effective technique for reducing emissions in the automotive industry after powertrain improvement and weight reduction. Active aerodynamic is the advanced aerodynamic technology, which is trending for selectively admits or restricts airflow based on real-time requirements and contributes towards the reduction in drag and thereby reducing emissions.
Technology advances over the last four years have changed the face of aviation and automotive, with the introduction of more point-to-point flying using advanced aircraft such as the Airbus. Air traffic is projected to grow in the long-term, driven by global GDP growth and Lower airfares driven by continued low fuel jet prices, boosted passenger traffic growth.
The aerospace industry is highly regulated by stringent regulations imposed by different regulatory bodies located across the world. These bodies are tightening the aerospace industry by introducing more stringent regulations on the airline industry regarding carbon emissions reductions.
The driving factors for the Aerodynamic are high and rising budget for defense to ensure military segment growth and aerospace industry. Rising GDP levels across the globe, the demand for automobiles will grow leading to the surge in the demand for active aerodynamics. Civil and military aircraft and engine GRILLE SHUTTERs and their extended supply chains account for nearly half of the global aerospace economic activity, while Maintenance, repair, overhaul, and upgrades generated 27% (just over$200B) in economic 2017 activity will be another key factor for the Aerodynamic automotive market.
Recent Technological advancements are changing the light-duty vehicle segment in a positive way. Luxury cars are equipped with the active aerodynamic system and functioning as per the need. High-speed cruises are focusing on aerodynamic designs. Many current military unmanned aircraft are costly and complex to run, requiring significant personnel and mission replanting. But advances in aerodynamic could unlock the power of lower-cost vehicles operating collaboratively in swarms or in teams with other aircraft, both unmanned and manned.
Region-wise, North America held the dominant market share of XX% of the Aerodynamic Automotive market in 2018 and is expected to continue its dominance during the forecast period. The market in Asia Pacific is expected to expand at a high CAGR of XX% during the forecast period. The region like China, India, Japan, and South Korea with growing infrastructural developments and increasingly stringent emission regulations will play a key role in aerodynamics.
A report covers the recent development in market for the aerodynamic automotive market e.g., in 2018, Magna has signed a deal to acquire OLSA S.p.A., which will expand the company’s lighting capabilities to enable it to design, engineer and manufacture headlamps, tail lamps and other lighting products in every key region of the world.
Major Key players operating in this market are Magna, Roechling Automotive, Plastic Omnium, SMP Deutschland GmbH., Valeo, ARCA Space Corporation, Czech Aero holding, Kawasaki Heavy Industries Aerospace Company. Manufacturers in the Global Aerodynamic Automotive are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
The objective of the report is to present a comprehensive analysis of Global Aerodynamic Automotive Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Aerodynamic Automotive Market dynamics, structure by analyzing the market segments and project the Global Aerodynamic Automotive Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Aerodynamic Automotive Market make the report investor’s guide.
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Global Aerodynamic Automotive Market, by Vehicle Type
Global Aerodynamic Automotive Market, by Electric Vehicle Type
• Light Duty Vehicles
• Heavy Commercial Vehicles
Global Aerodynamic Automotive Market, by Mechanism
• Active System
• Passive System
Global Aerodynamic Automotive Market, by Application
• Grille Shutter
• Air Dam
• Side Skirts
• Wind Deflectors
• Gap Fairing
Global Aerodynamic Automotive Market, By Region
• North America
• Middle East & Africa
• Latin America
Key Players in Global Aerodynamic Automotive Market:
• Roechling Automotive
• Plastic Omnium
• SMP Deutschland GmbH
• ARCA Space Corporation
• Czech Aero holding
• Kawasaki Heavy Industries Aerospace Company
• Bombardier Aerospace
• Spoiler Factory
• SRG Global
• A.P. PLASMAN.
• INOAC CORPORATION
• REHAU AG + Co
• PU TECH
• Brose Fahrzeugteile SE & Co. KG
• HBPO GMBH
• Batz Group
• Piedmont Plastics
• Airflow Deflector
• Hilton Docker Mouldings LTD
• Johnson Electric Holdings Limited
• SONCEBOZ SA
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Aerodynamic automotive market outlook. The report encompasses the Aerodynamic automotive market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making the informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Aerodynamic automotive market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Aerodynamic automotive market positioning of competitors.
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