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Automotive Active Aerodynamics System Market Research Report Forecasts To 2021

Thursday, February 23, 2017 2:08
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(Before It's News)

Market Research analysts forecast the global automotive active aerodynamic systems market to grow at a CAGR of 10.02% during the period 2017-2021.

According to the report, reducing automotive emission and fuel consumption is the main objective behind setting tougher emission norms. As the automotive active aerodynamics system reduces emissions and increases fuel efficiency, the automotive active aerodynamics system market is driven by the implementation of such emission norms.

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Further, the report states that the automotive active aerodynamics system saw adoption in high-end sports cars and is witnessing adoption in everyday sedans through automotive OEMs like GM and Ford. For instance, Chevrolet Cruze has shutters in the lower front grille that close at highway speeds. However, the installation of the active aerodynamics system increases the weight and complexity of vehicles. The weight increases due to the presence of electric motor, and the complexity increases due to the need for the automatic adjustment of shutters. In addition, higher efficiency standards set by authorities across the world are making it difficult for automotive OEMs to develop active aerodynamics systems that are efficient and lightweight. However, GM is working on a technology that would enable the use of lightweight metal used in the aerospace industry in the automotive industry.

About Automotive Active Aerodynamic Systems

The global automotive industry is highly competitive, and due to the nature of the competition, product life cycle, and consumer demand, it is subject to industry cyclicality. One of the key factors defining the industry dynamics is cost management which is leading companies to relocate their production centers from developed to developing regions. During the 2008-2009 global financial crisis and 2013 Euro zone crisis, the industry experienced a considerable decline in demand; however, the market slowly stabilized primarily due to the relative economic stability in developing nations. The exhibit below depicts the GDP performance of the top economies over 2012-2015.

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Covered in this report 

The report covers the present scenario and the growth prospects of the global automotive active aerodynamic systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive active aerodynamic systems.

The market is divided into the following segments based on geography: 
Europe
North America
ROW

Global Automotive Active Aerodynamic Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
General Motors
Ford Motor company
Porsche
Magna International 

Other prominent vendors 
Pagani Automobili
Koenigsegg Automotive
BUGATTI AUTOMOBILES 
BMW

Market driver 
Stringent regulations for emission control pushing the adoption of the active aerodynamics system
For a full, detailed list, view our report 

Market challenge 
Increased weight and complexity of vehicles
For a full, detailed list, view our report 

Market trend 
Use of advance active grille shutter system to reduce CO2 emission from vehicles
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

..…..Continued

To Get Purchase Full Report @ https://marketreportscenter.com/buy-now?sku=TCFEB131792

For more information, please visit https://marketreportscenter.com

For more information content with us;

Sam Collins

 

Market Reports Center 1-646-883-3044 (US)

[email protected]

https://marketreportscenter.com

Source: https://marketreportscenter.com/reports/507691/global-automotive-active-aerodynamics-system-market-2017-2021

 

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