Reports
Global Automotive Rear Spoiler Market: By Fuel Type: ICE, BEV, HEV, PHEV; By Material: ABS Plastic, Carbon Fibre, Fibre Glass, Sheet Metal; By Technology; By Vehicle Type; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Automotive Rear Spoiler Market Outlook
The global automotive rear spoiler market reached a value of about USD 3.26 billion in 2021. The market is further estimated to grow at a CAGR of 7.20% in the forecast period of 2023-2028 to reach a value of around USD 4.9 billion by 2027.
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Rising Demand for ABS Plastic Made Rear Spoilers to Bolster the Market Growth of Automotive Rear Spoiler
The availability of rear spoilers made of acrylonitrile butadiene styrene plastic at a low cost is driving the market growth of automotive rear spoilers. In addition, the exceptional properties of ABS, such as toughness, electric insulation, high viscosity melt strength, and high heat distortion temperature, among others, are leading to its increasing demand in rear spoilers. The dimensional strength and stability of the ABS plastic material make it ideal for the production of heat-resistant automotive parts, such as rear spoilers. Moreover, it can control the thickness of the product during the blow moulding process, thereby leading to its expanding use in the manufacturing of automotive rear spoilers. The use of ABS plastic in the production of rear spoilers helps extend the durability of the product owing to its heat and chemical resistance, resulting in the wider adoption of the material.
The Asia Pacific to Account for a Substantial Share in the Market for Automotive Rear Spoiler Industry
The ever-increasing production and sales of passenger cars in the region owing to the inflating disposable income of customers are significantly catalysing the market growth of automotive rear spoilers. In addition, the strong presence of vehicle manufacturers and the installation of rear spoilers as a feature is further accelerating the development of the market for automotive rear spoilers.
Market Segmentation
The automotive rear spoiler is a common aerodynamic accessory designed to disrupt the unfavourable flow of air at the back of a vehicle and reduces the amount of turbulence and lift the automobile generates when it moves. It is installed on the vehicle’s boot or at the end of the roof.
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The market for automotive rear spoiler, by fuel type, is divided into:
- ICE
- BEV
- HEV
- PHEV
Based on material, the market is segmented into:
- ABS Plastic
- Carbon Fibre
- Fibre Glass
- Sheet Metal
On the basis of technology, the market is classified into:
- Blow Molding
- Injection Moulding
- Reaction Injection Moulding
Based on vehicle type, the market is segmented into:
- SUV
- Hatchback
- MPV
The regional markets for automotive rear spoiler can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Automobiles with Advanced Features to Drive the Growth of the Automotive Rear Spoiler
The increasing demand for passenger and sports and luxury cars is leading to the market expansion of automotive rear spoilers. This is because the rear spoilers stimulate the resale value of the car and improve the performance of the vehicle as it minimises the turbulence at the rear of the automobile. Also, the government initiatives in introducing newly registered vehicles and automobile parts are boosting the development of the market owing to the increasing installation of rear spoilers in automobiles. In addition, it plays a critical role in reducing the amount of drag and elevating a vehicle experience, thereby fuelling market development.
Also, the growing trend of customising vehicles to improve the external appearance of an automobile and making it sportier is aiding the market development. Moreover, the rear spoilers increase fuel efficiency by reducing drag and eliminating aerodynamic lift, which saves fuel and promotes sustainability, thereby augmenting the market growth. Further, the technological advancement in the automotive sector is expected to augment the market for automotive rear spoilers in the forecast period.
Key Players in the Global Automotive Rear Spoiler Market
The report gives a detailed analysis of the following key players in the global automotive rear spoiler market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions and investments, expansions of capacity, and plant turnarounds:
- P.U. TECH SPOILER LP
- Mercedes-Benz AG
- SMP Deutschland GmbH
- Plastic Omnium SE
- REHAU Incorporated
- SRG Global™
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Fuel Type |
|
| Breakup by Material |
|
| Breakup by Technology |
|
| Breakup by Vehicle Type |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Rear Spoiler Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Rear Spoiler Historical Market (2018-2022)
8.3 Global Automotive Rear Spoiler Market Forecast (2023-2028)
8.4 Global Automotive Rear Spoiler Market by Fuel Type
8.4.1 ICE
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 BEV
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 HEV
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 PHEV
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.5 Global Automotive Rear Spoiler Market by Material
8.5.1 ABS Plastic
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Carbon Fibre
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Fibre Glass
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Sheet Metal
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.6 Global Automotive Rear Spoiler Market by Technology
8.6.1 Blow Moulding
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Injection Moulding
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Reaction Injection Moulding
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 Global Automotive Rear Spoiler Market by Vehicle Type
8.7.1 SUV
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Hatchback
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 MPV
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.8 Global Automotive Rear Spoiler Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Automotive Rear Spoiler Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Automotive Rear Spoiler Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Rear Spoiler Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Rear Spoiler Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Rear Spoiler Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 P.U. TECH SPOILER LP
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Mercedes-Benz AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 SMP Deutschland GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Plastic Omnium SE
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 REHAU Incorporated
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 SRG Global™
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Rear Spoiler Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Rear Spoiler Historical Market: Breakup by Fuel Type (USD Billion), 2018-2022
3. Global Automotive Rear Spoiler Market Forecast: Breakup by Fuel Type (USD Billion), 2023-2028
4. Global Automotive Rear Spoiler Historical Market: Breakup by Material (USD Billion), 2018-2022
5. Global Automotive Rear Spoiler Market Forecast: Breakup by Material (USD Billion), 2023-2028
6. Global Automotive Rear Spoiler Historical Market: Breakup by Technology (USD Billion), 2018-2022
7. Global Automotive Rear Spoiler Market Forecast: Breakup by Technology (USD Billion), 2023-2028
8. Global Automotive Rear Spoiler Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2022
9. Global Automotive Rear Spoiler Market Forecast: Breakup by Vehicle Type (USD Billion), 2023-2028
10. Global Automotive Rear Spoiler Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Automotive Rear Spoiler Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Automotive Rear Spoiler Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Automotive Rear Spoiler Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Automotive Rear Spoiler Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Automotive Rear Spoiler Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Automotive Rear Spoiler Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Automotive Rear Spoiler Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Automotive Rear Spoiler Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Automotive Rear Spoiler Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Automotive Rear Spoiler Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Automotive Rear Spoiler Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Automotive Rear Spoiler Market Structure
Key Questions Answered in the Report
In 2021, the global automotive rear spoiler market attained a value of nearly USD 3.26 billion.
The market is assessed to grow at a CAGR of 7.20% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach almost USD 4.9 billion by 2027.
The major market drivers include the rising initiatives by key players and the government to boost the production and sales of automobiles, the growing demand for enhanced external appearance of vehicle, and the increasing focus on fuel efficiency.
The key market trends include the growing adoption of vehicles with advanced features and rising advancements in automotive sector.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different fuel types in the market include ICE, BEV, HEV, and PHEV.
The significant materials available in the market include ABS plastic, carbon fibre, fibre glass, and sheet metal.
The major market divisions, based on technology, include blow moulding, injection moulding, and reaction injection moulding.
The various vehicle types available in the market are SUV, hatchback, and MPV.
The major players in the market are P.U. TECH SPOILER LP, Mercedes-Benz AG, SMP Deutschland GmbH, Plastic Omnium SE, REHAU Incorporated, and SRG Global™, among others.
Analyst Review
The global automotive rear spoiler market attained a value of nearly USD 3.26 billion in 2021, driven by the increasing installation of rear spoilers in automobiles due to several benefits. Aided by the increasing production of vehicles, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.20%. The market is estimated to reach about USD 4.9 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for automotive rear spoiler, by fuel type, is divided into ICE, BEV, HEV, and PHEV. Based on material, the market is segmented into ABS plastic, carbon fibre, fibre glass, and sheet metal. On the basis of technology, the market is classified into blow moulding, injection moulding, and reaction injection moulding. Based on vehicle type, the market is segmented into SUV, hatchback, and MPV. The major regional markets for automotive rear spoiler are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include P.U. TECH SPOILER LP, Mercedes-Benz AG, SMP Deutschland GmbH, Plastic Omnium SE, REHAU Incorporated, and SRG Global™, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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