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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389233

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389233

Global Rear Spoiler Market Size study & Forecast, by Technology Type, by Material, by Vehicle Type, by Sales Channel and Regional Analysis, 2023-2030

PUBLISHED: October 30, 2023

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DELIVERY TIME: 2-3 business days

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Global Rear Spoiler Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. A Rear Spoiler is an aerodynamic device mounted on the rear of a vehicle to modify airflow and improve its stability and performance. The Rear Spoiler market is expanding because of factors such as increasing demand for SUVs and MUVs and rising expenses on luxury vehicles. Rear spoilers are designed to improve a vehicle's aerodynamic performance by disrupting and controlling the airflow as the vehicle moves. This helps reduce drag and lift, which can lead to better stability, improved handling, and increased fuel efficiency, especially at higher speeds. As a result, the demand for Rear Spoiler has progressively increased in the international market during the forecast period 2023-2030.

SUVs and MUVs are typically larger and taller vehicles, which can create significant aerodynamic drag at high speeds. The installation of a rear spoiler helps in managing the airflow over the vehicle, reducing drag, and improving overall aerodynamic efficiency. This, in turn, enhances fuel efficiency, which is a critical factor for consumers considering the rising fuel costs. According to Statista, in 2020, approximately 40.5 million conventional cars were sold worldwide. Furthermore, in 2022, there were around 3 million passenger vehicles sold in India. Another important factor that drives the Rear Spoiler market is the increasing demand for luxury vehicles. Luxury vehicles often boast powerful engines and advanced engineering for improved driving dynamics. The addition of a rear spoiler helps optimize aerodynamics by managing airflow around the vehicle, thereby enhancing stability and handling at higher speeds. This association with improved performance resonates with enthusiasts and buyers seeking premium driving experience. In addition, as per Statista, in 2022, the global luxury cars market accounts for USD 619.59 billion, an estimated increase of more than 9% year-on-year. Moreover, rising disposable income and the increasing popularity of automobile racing competitions are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost of Rear Spoiler is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Rear Spoiler Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of important key players in the area and the growing demand for passenger vehicles in the region. The region's dominant performance is anticipated to propel the overall demand for Rear Spoiler. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as the increasing popularity of automobile racing and rising demand of automobiles in the region.

Major market player included in this report are:

Jiangnan Mould & Plastic Technology Co., Ltd.
Inoac Corporation
Plastic Omnium Group
SMP Automotive Systems Holding SE
Magna International Inc.
Aisin Seiki Co., Ltd.
KREMANN UND ESSER GmbH & Co. KG
SUSPA Inc.
Polytec Group
DAR Spoilers GmbH

Recent Developments in the Market:

In February 2023 INOAC USA Inc. recently completed the acquisition of ABC Technologies' 50% ownership stake in the former joint venture, ABC INOAC Exterior Systems, to establish an independent and completely owned corporation renamed INOAC Exterior Systems (IES). The addition of four factories with over 1,200 personnel allows INOAC to independently push its strategy in the North American automobile exterior parts market via IES.

Global Rear Spoiler Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology Type, Material, Vehicle Type, Sales Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology Type

Blow molding
Injection molding
Reaction Injection molding

By Material

ABS
Carbon Fiber
Fiberglass
Sheet Metal
Others

By Vehicle Type

Hatchback
SUV
MPV

By Sales Channel

OEM
Aftermarket

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Rear Spoiler Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Rear Spoiler Market, by Technology Type, 2020-2030 (USD Billion)
- 1.2.3. Rear Spoiler Market, by Material, 2020-2030 (USD Billion)
- 1.2.4. Rear Spoiler Market, by Vehicle Type, 2020-2030 (USD Billion)
- 1.2.5. Rear Spoiler Market, by Sales Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Rear Spoiler Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Rear Spoiler Market Dynamics

3.1. Rear Spoiler Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for SUVs and MUVs
  - 3.1.1.2. Rising expenses on luxury vehicles
- 3.1.2. Market Challenges
  - 3.1.2.1. Laws regarding car modification
  - 3.1.2.2. High costs of installation and maintenance
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising disposable income
  - 3.1.3.2. Growing popularity of automobile racing competitions

Chapter 4. Global Rear Spoiler Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Rear Spoiler Market, by Technology Type

5.1. Market Snapshot
5.2. Global Rear Spoiler Market by Technology Type, Performance - Potential Analysis
5.3. Global Rear Spoiler Market Estimates & Forecasts by Technology Type 2020-2030 (USD Billion)
5.4. Rear Spoiler Market, Sub Segment Analysis
- 5.4.1. Blow molding
- 5.4.2. Injection molding
- 5.4.3. Reaction Injection molding

Chapter 6. Global Rear Spoiler Market, by Material

6.1. Market Snapshot
6.2. Global Rear Spoiler Market by Material, Performance - Potential Analysis
6.3. Global Rear Spoiler Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
6.4. Rear Spoiler Market, Sub Segment Analysis
- 6.4.1. ABS
- 6.4.2. Carbon Fiber
- 6.4.3. Fiberglass
- 6.4.4. Sheet Metal
- 6.4.5. Others

Chapter 7. Global Rear Spoiler Market, by Vehicle Type

7.1. Market Snapshot
7.2. Global Rear Spoiler Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Rear Spoiler Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
7.4. Rear Spoiler Market, Sub Segment Analysis
- 7.4.1. Hatchback
- 7.4.2. SUV
- 7.4.3. MPV

Chapter 8. Global Rear Spoiler Market, by Sales Channel

8.1. Market Snapshot
8.2. Global Rear Spoiler Market by Sales Channel, Performance - Potential Analysis
8.3. Global Rear Spoiler Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Billion)
8.4. Rear Spoiler Market, Sub Segment Analysis
- 8.4.1. OEM
- 8.4.2. Aftermarket

Chapter 9. Global Rear Spoiler Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Rear Spoiler Market, Regional Market Snapshot
9.4. North America Rear Spoiler Market
- 9.4.1. U.S. Rear Spoiler Market
  - 9.4.1.1. Technology Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Material breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Vehicle Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Sales Channel breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Rear Spoiler Market
9.5. Europe Rear Spoiler Market Snapshot
- 9.5.1. U.K. Rear Spoiler Market
- 9.5.2. Germany Rear Spoiler Market
- 9.5.3. France Rear Spoiler Market
- 9.5.4. Spain Rear Spoiler Market
- 9.5.5. Italy Rear Spoiler Market
- 9.5.6. Rest of Europe Rear Spoiler Market
9.6. Asia-Pacific Rear Spoiler Market Snapshot
- 9.6.1. China Rear Spoiler Market
- 9.6.2. India Rear Spoiler Market
- 9.6.3. Japan Rear Spoiler Market
- 9.6.4. Australia Rear Spoiler Market
- 9.6.5. South Korea Rear Spoiler Market
- 9.6.6. Rest of Asia Pacific Rear Spoiler Market
9.7. Latin America Rear Spoiler Market Snapshot
- 9.7.1. Brazil Rear Spoiler Market
- 9.7.2. Mexico Rear Spoiler Market
9.8. Middle East & Africa Rear Spoiler Market
- 9.8.1. Saudi Arabia Rear Spoiler Market
- 9.8.2. South Africa Rear Spoiler Market
- 9.8.3. Rest of Middle East & Africa Rear Spoiler Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Jiangnan Mould & Plastic Technology Co., LTD
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Inoac Corporation
- 10.3.3. Plastic Omnium Group
- 10.3.4. SMP Automotive Systems Holding SE
- 10.3.5. Magna International Inc.
- 10.3.6. Aisin Seiki Co., Ltd.
- 10.3.7. KREMANN UND ESSER GmbH & Co. KG
- 10.3.8. SUSPA Inc.
- 10.3.9. Polytec Group
- 10.3.10. DAR Spoilers GmbH

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Rear Spoiler Market, report scope
TABLE 2. Global Rear Spoiler Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Rear Spoiler Market estimates & forecasts by Technology Type 2020-2030 (USD Billion)
TABLE 4. Global Rear Spoiler Market estimates & forecasts by Material 2020-2030 (USD Billion)
TABLE 5. Global Rear Spoiler Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 6. Global Rear Spoiler Market estimates & forecasts by Sales Channel 2020-2030 (USD Billion)
TABLE 7. Global Rear Spoiler Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Rear Spoiler Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Rear Spoiler Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Rear Spoiler Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Rear Spoiler Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Rear Spoiler Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Rear Spoiler Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Rear Spoiler Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Rear Spoiler Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Rear Spoiler Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Rear Spoiler Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Rear Spoiler Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Rear Spoiler Market
TABLE 72. List of primary sources, used in the study of global Rear Spoiler Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Rear Spoiler Market, research methodology
FIG 2. Global Rear Spoiler Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Rear Spoiler Market, key trends 2022
FIG 5. Global Rear Spoiler Market, growth prospects 2023-2030
FIG 6. Global Rear Spoiler Market, porters 5 force model
FIG 7. Global Rear Spoiler Market, pest analysis
FIG 8. Global Rear Spoiler Market, value chain analysis
FIG 9. Global Rear Spoiler Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Rear Spoiler Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Rear Spoiler Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Rear Spoiler Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Rear Spoiler Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Rear Spoiler Market, regional snapshot 2020 & 2030
FIG 15. North America Rear Spoiler Market 2020 & 2030 (USD Billion)
FIG 16. Europe Rear Spoiler Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Rear Spoiler Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Rear Spoiler Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Rear Spoiler Market 2020 & 2030 (USD Billion)