Automotive Air Deflector Market Analysis:
Market Research Future (MRFR) predicts the global automotive air deflector market growth to expand at a significant pace from 2018 to 2023 (forecast period).
The air deflector prevents running air from impacting the vehicle's stability when windows are left open unnecessarily, as well as reducing vehicle drag and increasing fuel efficiency. Vehicle design and aerodynamics play an important role in minimizing vehicle drag, with a particular emphasis on the design of vehicle air deflectors. Automotive air deflectors enhance fuel efficiency by lowering the total drag force on the vehicle when it is in motion. They can cut energy usage by separating the running air with deflectors. Vehicle manufacturers are researching new air deflector technologies to improve vehicle design and efficiency. Air deflectors in vehicles are quite useful for partially opening the windows and allowing fresh air into the vehicle. The fresh air enhances fuel efficiency by easing the function of the air conditioning system and reducing the load on the engine. Air deflectors are used in commercial vehicles to improve the aerodynamics and design of the vehicle, lowering air drag.
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Stringent environmental rules, higher fuel efficiency, appealing design, increased vehicle aerodynamics, and good vehicle control are the reasons driving the growth of the worldwide automotive air deflector market. Other factors driving the vehicle air deflectors market are increased speed and greater fuel economy. Air deflectors improve vehicle control at greater speeds, lowering the number of accidents. Increasing sales of commercial vehicles and SUVs, as well as increased purchasing power, drive up market demand. Concerns about safety, as well as an emphasis on aesthetics, drive up demand for automotive air deflectors. However, shifting raw material prices stifle market expansion.
COVID-19 Impact on the Global Automotive Air Deflector Market
The execution of a set of regulations by governments worldwide to cope with the COVID-19 crisis, such as a total shutdown of manufacturing units, has been found to influence the growth of the global automotive air deflector market.
Market Segmentation
The global automotive air deflector market has been segmented based on type, material, mounting method, sales channel and vehicle type.
Based on type, the global automotive air deflector market has been segmented as bug deflector, window air deflector and sunroof deflector.
Based on material, the global automotive air deflector market has been segmented as acrylic, fiberglass and abs plastic.
Based on mounting method, the global automotive air deflector market has been segmented into tape-on deflectors, bolt-on deflectors and in-channel deflectors.
Based on sales channels, the global automotive air deflector market has been segmented as OEM and aftermarket.
Based on vehicle type, the global automotive air deflector market has been segmented into passenger vehicles and commercial vehicles.
Regional Analysis
Based on region, the global automotive air deflector market size has been segmented into North America, Asia Pacific, Europe, and the Rest of the World.
Due to increased demand for passenger cars in countries such as China, India, and Japan, Asia Pacific is likely to dominate the industry in the future. In addition, there has been an increase in vehicle sales in the Asia Pacific, which has resulted in a rise in the installation of automotive air deflectors. Due to the expansion of the logistics and agricultural industries, Europe is likely to trail the Asia Pacific in terms of demand.
Key Players
The key players in the global automotive air deflector market share are Hatcher Components Ltd (UK), Piedmont Plastics (US), Spoiler Factory (Australia), and Lund International (US), Altair Engineering Inc. (US), DGA (US), FARAD Group (Luxembourg) and Climair UK Ltd (UK) are among others.
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Summary
The global automotive air deflector market is predicted to expand at a significant pace from 2018 to 2023 (forecast period). Stringent environmental rules, attractive design, higher fuel efficiency, increased vehicle aerodynamics, and good vehicle control are the factors propelling the growth of the worldwide automotive air deflector market.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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