The automotive active aerodynamics system market is forecasted to grow by USD 38557.4 mn during 2023-2028, accelerating at a CAGR of 18.55% during the forecast period. The report on the automotive active aerodynamics system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent regulations for emission control increase adoption of active aerodynamics systems, growing demand for fuel economy drives adoption of active aerodynamics systems in more car variants, and growing adoption of evs lead to adoption of active aerodynamics.
Technavio's automotive active aerodynamics system market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
15.19%
CAGR
18.55%
Incremental Value
$38557.4mn
By Application
Mid-sized vehicles
High performance vehicles
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the use of advanced active grille shutter systems to reduce co2 emissions from vehicles as one of the prime reasons driving the automotive active aerodynamics system market growth during the next few years. Also, development of shape memory alloys to increase efficiency of vehicles and use of fixed deployment wings to create various aerodynamic effects will lead to sizable demand in the market.
The report on the automotive active aerodynamics system market covers the following areas:
Automotive active aerodynamics system market sizing
Automotive active aerodynamics system market forecast
Automotive active aerodynamics system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive active aerodynamics system market vendors that include Batz Group, Bayerische Motoren Werke AG, Burelle SA, Ford Motor Co., General Motors Co., HBPO GmbH, Horacio Pagani S p A, Johnson Electric Holdings Ltd., Koch Industries Inc., Koenigsegg Automotive AB, Magna International Inc., Mercedes Benz Group AG, Plasman Plastics Inc., Polytec Holding AG, Porsche Automobil Holding SE, Rochling SE and Co. KG, SONCEBOZ SA, and Valeo SA. Also, the automotive active aerodynamics system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Automotive Active Aerodynamics System Market 2018 - 2022
Historic Market Size - Data Table on Global Automotive Active Aerodynamics System Market 2018 - 2022 ($ million)