Air Deflector Market was valued at USD xx billion in 2018 and is projected to reach around USD xx billion by 2025, at a CAGR of XX% during the forecast period.
The base year considered for the study is 2018 and the forecast period is 2018-2025. The growth of air deflector market is primarily driven by increasing demand for vehicles in emerging economies.
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Scope of Global Air Deflector Market Reports:
Persistent buffeting of wind on the car window causes unbearable distress to both driver and passengers. Air Deflectors help lessen these problems by slightly changing a vehicle’s aerodynamic contour. When wind hits the deflectors it is redirected over the open windows and around the sides of the vehicle, preventing it from streaming in through the window. Growing automotive vehicle industry is boosting the growth of global air deflector market.
Air deflector market report is segmented on the material, mounting method, manufacturing process, position, sales channel and vehicle & by regional & country level. Based upon material, air deflector market is segmented into acrylic, fiberglass, abs plastic and others. On the basis mounting method, market is classified into tape-on deflectors, bolt-on deflectors and in-channel deflectors. As per manufacturing process, market is segmented into casting, molding and vacuum forming. Furthermore, based upon position, air deflector market is segmented into bug deflector, window air deflector, front air spoiler, rear air spoiler and roof air deflector. On the basis sales channel, market is classified into OEM and aftermarket. By vehicle type, air deflector market is segmented into passenger vehicle and commercial vehicle.
The regions covered in this air deflector market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of modular construction is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Players Analysis:
Some major key players for air deflector market are Hatcher Components, Peidmont Plastics, Spoiler factory, DGA, ELLEDI srl – P.I. e C.F, Lund International, Altair Engineering Inc, Peterburg Industrial & Design Co, DGA (US), FARAD Group (Luxembourg) and Climair UK Ltd and others.
Increasing demand for vehicles creates the need for advanced technologies. Many automotive companies around the world are offering innovative products such as air deflectors to fulfill the consumers demand. Moreover, the rapidly growing automotive industry across the world is opening up newer ways of designing vehicles while it makes a shift towards adopting reliable modes of transportation. In 2017, worldwide sales of passenger cars and light commercial vehicles increased by 2.4 % and LCV sales were about 4.4 %. In emerging economies, rising disposable income with rapid urbanization people have taken more interest to invest on advanced components to ensure the higher comfort level and efficiency is expected to witness significant growth over the next years. There are three largest car markets in the world, namely China, Europe and North America where China will be leading market for the transformation of the automotive industry. However, air deflectors need to be design accurately unless it is unable to implement certain operations may hamper the growth of the market. Future innovative products associated with the vehicles will be more flexible and much easier is likely to offer new opportunities in coming years.
The air deflector market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). Asia Pacific is expected to have significant growth due to rapid development in automotive sector where many automakers are transforming their vehicles by incorporating with new components. In 2017, Asia remained the world’s largest sales region with sales reached over 43 million units. Europe is the second leading region for air deflector market followed by North America owing to huge R&D spending in automotive sector, presence of multiple manufacturers like BMW, Ford, VOLVO, Volkswagen, etc. is responsible to boost the demand for air deflector market in this region. North America is the third largest region, due to vehicles are implemented by numerous advanced technologies.
- Global Air Deflector Market report covers in-depth historical and forecast analysis.
- Global Air Deflector Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Air Deflector Market report helps to identify opportunities in marketplace.
- Global Air Deflector Market report covers extensive analysis of emerging trends and competitive landscape.
Air Deflector Market Key Segments:
By Material – Acrylic, Fiberglass, ABS Plastic, Others
By Mounting Method – Tape-on Deflectors, Bolt-on Deflectors, In-channel Deflectors
By Manufacturing Process – Casting, Molding, Vacuum, Forming
By Position – Bug Deflector, Window Air Deflector, Front Air Spoiler, Rear Air Spoiler, Roof Air Deflector
By Sales Channel – OEM, Aftermarket
By Vehicle – Passenger Vehicle, Commercial Vehicle
North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Air Deflector Market Key Players
- Hatcher Components
- Peidmont Plastics
- Spoiler factory
- ELLEDI srl – P.I. e C.F
- Lund International
- Altair Engineering Inc
- Peterburg Industrial & Design Co
- DGA (US)
- FARAD Group (Luxembourg)
This comprehensive report will provide:
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
- How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
- Which region has more opportunities?
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