Global Aerodynamic Market
The Global Aerodynamic Market was valued at USD 22.8 billion in 2021 and is expected to reach USD 33.77 billion by 2027, at a CAGR 5.14% from 2022-2027.
‘Aerodynamic’ is defined as the way objects move through air. The rules of aerodynamics explain how an airplane can fly. Anything that moves through air is affected by aerodynamics, from a rocket blasting off, to a kite flying.
Aerodynamics is the sub-field of gas and fluid dynamics which deals with the study of the motion of air and its interaction with moving objects. It pertains to the forces of drag and lift caused by air passing over and around these objects. The principles of aerodynamics are applied to the design of bridges, buildings, and even soccer balls.
Market Drivers
The growing demand for fast & sophisticated vehicles is the major reason accelerating the growth of the aerodynamic market. Also, nowadays people are opting for light weight vehicles offering better mileage. There is more stability towards preference of vehicles in the aerodynamic market.
Furthermore, the need to minimize CO2 emission and external noise, growing electric vehicle production and rising appeal through enhanced aerodynamic components are driving the global aerodynamic market further.
Market Restraints
The Global Aerodynamic Market is expected to have a high growth rate due to advanced offerings which guarantees efficient fuel economy & better aesthetics. But, on the contrary, the high cost of installation of these systems can interfere with growth of the aerodynamic market for automobiles. Hence, the price of installation of these systems will challenge the growth of the aerodynamic market.
Market Segmentation
The Global Aerodynamic Market is segmented into EV type, mechanism, vehicle type, and application.
Based on application, the aerodynamic market has been segmented into air dam, diffuser, gap fairing, grille shutter, side skirts, spoiler, and wind deflector.
Regional Analysis
The Global Aerodynamic Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the aerodynamic market and will continue to flourish its trend of dominance during the projected period in the region owing to the population and rising demand for automobiles.
The Asia-Pacific region is set to witness unprecedented growth during the forecast period of 2027 and will project the highest compound annual growth rate in the region. This is because of the growing disposable income in developing economies.
Key Players
Various key players are discussed into the Global Aerodynamic Market Report including: Magna Exteriors, Roechling Automotive, Plastic Omnium, SMP Deutschland GmbH, Valeo, SRG Global, Inc., Polytec Holding AG, Ap Plasman, Inoac Corporation, and Rehau Group.
Market Taxonomy
By EV Type
By Mechanism
By Vehicle Type
By Application
By Region
Global Aerodynamic Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aerodynamic Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aerodynamic Market, By EV Type
5.1 Y-o-Y Growth Comparison, By EV Type
5.2 Global Aerodynamic Market Share Analysis, By EV Type
5.3 Global Aerodynamic Market Size and Forecast, By EV Type
5.3.1 BEV
5.3.2 HEV
6 Global Aerodynamic Market, By Mechanism
6.1 Y-o-Y Growth Comparison, By Mechanism
6.2 Global Aerodynamic Market Share Analysis, By Mechanism
6.3 Global Aerodynamic Market Size and Forecast, By Mechanism
6.3.1 Active System
6.3.2 Passive System
7 Global Aerodynamic Market, By Vehicle Type
7.1 Y-o-Y Growth Comparison, By Vehicle Type
7.2 Global Aerodynamic Market Share Analysis, By Vehicle Type
7.3 Global Aerodynamic Market Size and Forecast, By Vehicle Type
7.3.1 Light Duty Vehicles
7.3.2 Heavy Spoiler Vehicles
8 Global Aerodynamic Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Aerodynamic Market Share Analysis, By Application
8.3 Global Aerodynamic Market Size and Forecast, By Application
8.3.1 Grille Shutter
8.3.2 Spoiler
8.3.3 Air Dam
8.3.4 Side Skirts
8.3.5 Diffuser
8.3.6 Wind Deflectors
8.3.7 Gap Fairing
9 Global Aerodynamic Market, By Region
9.1 Global Aerodynamic Market Share Analysis, By Region
9.2 Global Aerodynamic Market Share Analysis, By Region
9.3 Global Aerodynamic Market Size and Forecast, By Region
10 North America Aerodynamic Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Aerodynamic Market Share Analysis, By EV Type
10.3 North America Aerodynamic Market Size and Forecast, By Mechanism
10.4 North America Aerodynamic Market Size and Forecast, By Vehicle Type
10.5 North America Aerodynamic Market Size and Forecast, By Application
10.6 North America Aerodynamic Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Aerodynamic Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Aerodynamic Market Share Analysis, By EV Type
11.3 Europe Aerodynamic Market Size and Forecast, By Mechanism
11.4 Europe Aerodynamic Market Size and Forecast, By Vehicle Type
11.5 Europe Aerodynamic Market Size and Forecast, By Application
11.5 Europe Aerodynamic Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Aerodynamic Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Aerodynamic Market Share Analysis, By EV Type
12.3 Asia Pacific Aerodynamic Market Size and Forecast, By Mechanism
12.4 Asia Pacific Aerodynamic Market Size and Forecast, By Vehicle Type
12.5 Asia Pacific Aerodynamic Market Size and Forecast, By Application
12.6 Asia Pacific Aerodynamic Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Aerodynamic Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Aerodynamic Market Share Analysis, By EV Type
13.3 Latin America Aerodynamic Market Size and Forecast, By Mechanism
13.4 Latin America Aerodynamic Market Size and Forecast, By Vehicle Type
13.5 Latin America Aerodynamic Market Size and Forecast, By Application
13.6 Latin America Aerodynamic Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Aerodynamic Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Aerodynamic Market Share Analysis, By EV Type
14.3 Middle East Aerodynamic Market Size and Forecast, By Mechanism
14.4 Middle East Aerodynamic Market Size and Forecast, By Vehicle Type
14.5 Middle East Aerodynamic Market Size and Forecast, By Application
14.6 Middle East Aerodynamic Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Magna Exteriors
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Roechling Automotive
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Plastic Omnium
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 SMP Deutschland GmbH
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Valeo
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 SRG Global, Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Polytec Holding AG
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Ap Plasman
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Inoac Corporation
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Rehau Group
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
