Automotive Air Deflector Market Global Development, Demand, Growth Analysis, Key Findings and Forecast-2023

Automotive Air Deflector Market Global Development, Demand, Growth Analysis, Key Findings and Forecast-2023

Posted October 10,2020 in Science and Technology.

Market Research Future
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Automotive Air Deflector Market Global Development, Demand, Growth Analysis, Key Findings and Forecast-2023

Market Synopsis:

Air deflectors are an important component in a vehicle, helping in opening the windows partially and letting fresh air inside the vehicle. This fresh air helps smooth the function of air conditioning system, bringing down the load on the engine and also enhances the fuel efficiency. Commercial vehicles make use of air deflectors to augment the aerodynamics as well as design of the vehicle, which reduces the air drag.

The global Automotive Air Deflector  has grown immensely in recent years, on account of the strict environmental regulations, better fuel efficiency, appealing design, enhanced vehicle aerodynamics, as well as good vehicle control. Improved speed and elevated fuel economy are additional factors promoting the growth of the automotive air deflectors market.

Air deflectors offer elevated vehicle control at better speeds, thus reducing the number of accidents on the road. Rising sales of SUVs and commercial vehicle along with the surging purchasing power among consumers has led to a significant demand for the market across various regions. Concerns with respect to the safety and the rising focus on aesthetics have also boosted the growth of the automotive air deflectors market.

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Market Segmentation

The primary segments as per which the global Automotive Air Deflector Market has been analyzed in the report are type, material, mounting method, sales channel and vehicle type.

The type-wise market segments are window air deflector, sunroof deflector and bug deflector.

Depending on the material, the market has been considered for fiberglass, abs plastic and acrylic.

The mounting method-based segments in the market include bolt-on deflectors, in-channel deflectors as well as tape-on deflectors.

The sales-channels covered in the report are original equipment manufacturers (OEMs) and aftermarket.

The vehicle types are commercial vehicle and passenger vehicle.

 

Regional Insight

The primary regions with the highest concentration of the Automotive Air Deflector Market are North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).

 

APAC is the reigning market for automotive air deflectors, given the rising investments being made for product innovation and the entry of small companies into the market. A number of renowned manufacturers and their partnerships with regional players have boosted the market growth in the region. Additionally, numerous countries in the region are observing development owing to the increasing per capita income as well as the improved GDP in recent years.

 

Europe can gain the second position in the global market for automotive air deflector in the years to come. The strong demand for commercial vehicles, especially in France along with the rising demand for commercial vehicles has led the regional market to greater heights in recent years.

 

 

North America is projected to take the third position in the global market for automotive air deflector over the review period, on account of the presence of well-known manufacturers. The United States (US), Mexico and Canada control the major share of the regional market for automotive air deflectors. These countries lead the regional market, given the presence of a thriving mining industry, and the expanding industries of agriculture, manufacturing and construction. Surging sales as well as production of vehicles combined with high spending on vehicle services as well as up gradation among consumers can also induce the growth of the air deflector market in the region in the near future.

 

Significant Players

 

Significant players in the worldwide market for automotive air deflector include Spoiler Factory (Australia), and Lund International (US), Peterburg Industrial & Design Co.,Ltd. DGA (US), Climair UK Ltd(UK), FARAD Group (Luxembourg), Hatcher Components Ltd (UK), Piedmont Plastics (US), Altair Engineering Inc. (US), are among others.

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