Impact of Covid-19 Outbreak on Automotive Active Spoiler Market

10/giu/2020 08:01:36 Automotive Market Research Reports Contatta l'autore

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The global active spoiler market is expected to grow at a CAGR of 6.9% over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global active spoiler market is analyzed from all angles in the report, which presents a comprehensive overview of the market’s major drivers and restraints, key segments, and leading players.

The global active spoiler market is driven by the growing interest in premium carmaking and the growing demand for high-performance hypercars and supercars. Active spoilers are spoilers that can be programmed to move in specific ways in response to specific triggers, starting with basic instructions such as the rear spoiler remaining hidden in a hatch until the car crosses a certain speed limit. They deform in accordance to the car’s design, providing more aerodynamic grip to the car by forcing certain parts of the vehicle down as the wind velocity increases.

The growing demand for supercars and race car-inspired technology in roadgoing cars is likely to be a major driver for the global active spoiler market over the forecast period. Active spoilers are absolutely vital to a race car’s prospects in a modern race, and are thus acquired and developed without financial constraints, to an extent. This, however, is not possible in road cars, as the technology may not fit exactly as it is in the race car and can also make the car prohibitively expensive for most buyers. As a result, the growing demand for track-inspired hyper/supercars is likely to be a major driver for the global active spoiler market over the forecast period. The increasing volume of technology being exchanged between the racing and road car arms of major automotive giants such as McLaren, Porsche, and Ferrari is likely to be a major driver for the global active spoiler market over the forecast period.

The increasing development in the field of materials technology is also likely to be a key driver for the global active spoiler market over the forecast period. Since active spoilers are meant to deform and provide an enhancement to the car in terms of balance and driving shape, the materials used to produce the spoilers take on an absolutely important role. The growing demand for carbon fiber and other lightweight composite materials has been a major feature for the global active spoilers market and is likely to remain a key driver over the forecast period.

Competitive Analysis:

Leading players in the global active spoiler market include Ferrari, Pagani Automobili, Koenigsegg Automotive AB, BMW AG, Bugatti Automobiles, Daimler AG, McLaren, Lexus, Porsche AG, and Audi AG.

Industry Updates:

In August 2018, GM filed three patents for active aero components, including one for active spoiler.

In October 2017, Mazda filed a patent for the design of the rear spoiler used on the Mazda RX-Vision.

Segmentation:

The global active spoiler market is segmented on the basis of type, material, and region.

By type, the global active spoilers market is segmented into front spoiler, lighted spoiler, pedestal spoiler, roof spoilers, and lip spoiler.

By material, the global active spoiler market is segmented into ABS plastics, fiberglass, silicon, and carbon fiber.

Regional Analysis:

North America and Europe are likely to lead the global active spoiler market over the forecast period due to the predominant position of these two regions in the field of automotive technology and innovation. Most major automotive players and innovators are situated in North America or Europe. Government regulations in Europe have also supported the incorporation of active aero components in vehicles, as they help reduce the overall emissions from the car.

The growing demand for hypercars and supercars in North America and Europe is likely to be a major driver for the global active spoilers market over the forecast period. The high disposable income of consumers in these regions has allowed the automotive industry to produce expensive, premium automotive components en masse, leading to a growing demand from the active spoiler market.

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