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Rear Spoiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 147 pages | ID: RB494531DF0FEN
IMARC Group

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The global rear spoiler market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.87% during 2022-2028. The growing purchase of personal cars, increasing utilization of multipurpose vehicles (MPVs) and sport utility vehicles (SUVs), and rising demand for fuel-efficient and safe vehicles represent some of the key factors driving the market.

A rear spoiler refers to an automotive aerodynamic device that is designed to alter the air movement across the vehicle. It is a wing-shaped component integrated into the boot of the vehicle or at the end of the roof to improve air speed. It is manufactured using lightweight polymer-based materials, such as carbon fiber, silicon, fiberglass, and acrylonitrile butadiene styrene (ABS) plastic. It is capable of changing airflow above, around, and underneath vehicles to use the air to create more downforce or reduce wind resistance and enable more grip at high speeds. It can be integrated into sports and racing cars for diffusing airflow and turbulence and creating favorable conditions for increasing speed and minimizing drag. It also helps enhance the fuel efficiency of the vehicle and enables the car to move faster and easier to control without needing extra weight to be added. Furthermore, as it improves the braking capabilities of a vehicle, the demand for rear spoiler is rising around the world.

Rear Spoiler Market Trends:
At present, the increasing demand for rear spoilers, as they are effective in enhancing the overall look of a car by adding luxurious elements, represents one of the crucial factors supporting the growth of the market. Besides this, the rising purchase of personal cars to avoid public transportation and travel comfortably is propelling the growth of the market. In addition, the growing utilization of multipurpose vehicles (MPVs) and sport utility vehicles (SUVs), as they are spacious and offer numerous beneficial features, is offering a favorable market outlook. Apart from this, key market players are launching models of luxury and sports cars that are pre-equipped with rear spoilers to enhance traction and improve maneuverability at high speeds. Additionally, the rising demand for fuel-efficient and safe vehicles due to the increasing environmental awareness among the masses is contributing to the growth of the market. Moreover, the increasing adoption of acrylonitrile butadiene styrene (ABS) plastic in manufacturing rear spoilers, as it is easily available and cost-effective in nature, is supporting the growth of the market. Furthermore, the wide availability of aesthetically pleasing rear spoilers, which offer crash protection and various aerodynamic capabilities and improve the overall driving experience, is bolstering the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rear spoiler market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, material type, system type, vehicle type and distribution channel.

Technology Insights:

Blow Molding
Injection Molding
Reaction Injection Molding

The report has provided a detailed breakup and analysis of the rear spoiler market based on the technology. This includes blow molding, injection molding, and reaction injection molding. According to the report, blow molding represented the largest segment.

Material Type Insights:

ABS
Carbon Fiber
Fiberglass
Sheet Metal
Others

A detailed breakup and analysis of the rear spoiler market based on the material type has also been provided in the report. This includes ABS, carbon fiber, fiberglass, sheet metal, and others. According to the report, ABS accounted for the largest market share.

System Type Insights:

Active Spoiler
Passive Spoiler

A detailed breakup and analysis of the rear spoiler market based on the system type has also been provided in the report. This includes active spoiler and passive spoiler. According to the report, active spoiler accounted for the largest market share.

Vehicle Type Insights:

Hatchback
Sports Utility Vehicles
Multi-Purpose Vehicles

A detailed breakup and analysis of the rear spoiler market based on the vehicle type has also been provided in the report. This includes hatchback, sports utility vehicles, and multi-purpose vehicles. According to the report, hatchback accounted for the largest market share.

Distribution Channel Insights:

OEMs
Aftermarket

A detailed breakup and analysis of the rear spoiler market based on the distribution channel has also been provided in the report. This includes OEMs and aftermarket. According to the report, aftermarket accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for rear spoiler. Some of the factors driving the Asia Pacific rear spoiler market included the growing demand for personal vehicles, rising utilization of fuel-efficient cars, increasing supportive measures by governing agencies for producing low-emission vehicles in the region, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global rear spoiler market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Aisin Seiki Co Ltd., Albar Industries Inc., DAR Spoilers, Dawn Enterprises Inc., INOAC Corporation, Magna International Inc., Plastic Omnium (Burelle SA), Polytec Holding AG, SEIBON CARBON (SEIBON International Inc.), SMP Deutschland GmbH, SRG Global Inc. (Guardian Industries), Thai Rung Union Car PLC, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report
1. How big is the global rear spoiler market?
2. What is the expected growth rate of the global rear spoiler market during 2023-2028?
3. What are the key factors driving the global rear spoiler market?
4. What has been the impact of COVID-19 on the global rear spoiler market?
5. What is the breakup of the global rear spoiler market based on the technology?
6. What is the breakup of the global rear spoiler market based on the material type?
7. What is the breakup of the global rear spoiler market based on the system type?
8. What is the breakup of the global rear spoiler market based on the vehicle type?
9. What is the breakup of the global rear spoiler market based on the distribution channel?
10. What are the key regions in the global rear spoiler market?
11. Who are the key players/companies in the global rear spoiler market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL REAR SPOILER MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TECHNOLOGY

6.1 Blow Molding
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Injection Molding
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Reaction Injection Molding
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY MATERIAL TYPE

7.1 ABS
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Carbon Fiber
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Fiberglass
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Sheet Metal
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Others
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY SYSTEM TYPE

8.1 Active Spoiler
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Passive Spoiler
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY VEHICLE TYPE

9.1 Hatchback
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Sports Utility Vehicles
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Multi-Purpose Vehicles
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY DISTRIBUTION CHANNEL

10.1 OEMs
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Aftermarket
  10.2.1 Market Trends
  10.2.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Aisin Seiki Co Ltd.
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
    16.3.1.3 Financials
    16.3.1.4 SWOT Analysis
  16.3.2 Albar Industries Inc.
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
  16.3.3 DAR Spoilers
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
  16.3.4 Dawn Enterprises Inc.
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
  16.3.5 INOAC Corporation
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
  16.3.6 Magna International Inc.
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
    16.3.6.3 Financials
    16.3.6.4 SWOT Analysis
  16.3.7 Plastic Omnium (Burelle SA)
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
  16.3.8 Polytec Holding AG
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
    16.3.8.3 Financials
  16.3.9 SEIBON CARBON (SEIBON International Inc.)
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
  16.3.10 SMP Deutschland GmbH
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
  16.3.11 SRG Global Inc. (Guardian Industries)
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
  16.3.12 Thai Rung Union Car PLC
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
    16.3.12.3 Financials

LIST OF TABLES

Table 1: Global: Rear Spoiler Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Rear Spoiler Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Rear Spoiler Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 4: Global: Rear Spoiler Market Forecast: Breakup by System Type (in Million US$), 2023-2028
Table 5: Global: Rear Spoiler Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 6: Global: Rear Spoiler Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 7: Global: Rear Spoiler Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Rear Spoiler Market: Competitive Structure
Table 9: Global: Rear Spoiler Market: Key Players

LIST OF FIGURES

Figure 1: Global: Rear Spoiler Market: Major Drivers and Challenges
Figure 2: Global: Rear Spoiler Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Rear Spoiler Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Rear Spoiler Market: Breakup by Technology (in %), 2022
Figure 5: Global: Rear Spoiler Market: Breakup by Material Type (in %), 2022
Figure 6: Global: Rear Spoiler Market: Breakup by System Type (in %), 2022
Figure 7: Global: Rear Spoiler Market: Breakup by Vehicle Type (in %), 2022
Figure 8: Global: Rear Spoiler Market: Breakup by Distribution Channel (in %), 2022
Figure 9: Global: Rear Spoiler Market: Breakup by Region (in %), 2022
Figure 10: Global: Rear Spoiler (Blow Molding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Rear Spoiler (Blow Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Rear Spoiler (Injection Molding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Rear Spoiler (Injection Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Rear Spoiler (Reaction Injection Molding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Rear Spoiler (Reaction Injection Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Rear Spoiler (ABS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Rear Spoiler (ABS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Rear Spoiler (Carbon Fiber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Rear Spoiler (Carbon Fiber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Rear Spoiler (Fiberglass) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Rear Spoiler (Fiberglass) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Rear Spoiler (Sheet Metal) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Rear Spoiler (Sheet Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Rear Spoiler (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Rear Spoiler (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Rear Spoiler (Active Spoiler) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Rear Spoiler (Active Spoiler) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Rear Spoiler (Passive Spoiler) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Rear Spoiler (Passive Spoiler) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Rear Spoiler (Hatchback) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Rear Spoiler (Hatchback) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Rear Spoiler (Sports Utility Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Rear Spoiler (Sports Utility Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Rear Spoiler (Multi-Purpose Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Rear Spoiler (Multi-Purpose Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Rear Spoiler (OEMs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Rear Spoiler (OEMs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Rear Spoiler (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Rear Spoiler (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia-Pacific: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia-Pacific: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Rear Spoiler Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Rear Spoiler Market: Breakup by Country (in %), 2022
Figure 88: Middle East and Africa: Rear Spoiler Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Global: Rear Spoiler Industry: SWOT Analysis
Figure 90: Global: Rear Spoiler Industry: Value Chain Analysis
Figure 91: Global: Rear Spoiler Industry: Porter's Five Forces Analysis


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