Global Air Deflector Market – Industry Analysis and Forecast (2018-2026)
Global Air Deflector Market is expected to expand at a CAGR of about 5.5% and is anticipated to reach the US$ 16 Bn mark by 2026.
Global air deflector market is expected to witness significant growth over the forecast period. The market is expected to develop on the back of growing automotive industry across the globe. Increase in the number of vehicles on road is the major element which is propelling the demand for passenger vehicle accessories such as air deflectors. Enhanced appearance of the vehicle are advantages of the air deflector and key drivers of the automotive air deflector market.
The increased use of vehicles generates the need for the adoption of advanced technologies, such as air deflector and spoiler system for achieving the desired speed and efficiency. Rear deflectors do not prove useful at speeds below 60 mph, except improve the appearance of the vehicle. This is a big restraint to the automotive air deflector market. Another restraint to the market is the need for accurate design. It allows the outside air to enter the vehicle lodge, which allows the travellers to turn off the cooling framework and therefore, decreases the heap over the motor and builds vehicle productivity.
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Air deflector market is segmented into a material, mounting method, manufacturing process, position, sales channel, vehicle type, and region. On the basis of material, the fiberglass material segment is likely to lead the automotive air deflector market. Manufacturers are preferring fiberglass for front air spoilers, roof air spoilers, and bug deflectors owing to its excellent corrosion resistance, lightweight, rich appearance, and cost-effectiveness.
Based on the mounting method, the air deflector market is segmented into Tape-on Deflectors, Bolt-on Deflectors, and In-channel Deflectors. Among them, the tape-on method is mostly preferred by consumers. There is no need to drill the vehicle surface, which spoils the appearance and body of the vehicle. In terms of manufacturing process, Molding is a highly preferred manufacturing process for automotive air deflectors, due to its ease of manufacturing complex shapes, a speed of manufacturing, high strength of manufactured component, and cost-effectiveness.
On the basis of position, Windows air deflectors are mostly preferred by consumers as they are easily available in the market and easy to fit. Based on sales channel, automotive aftermarket is growing at a remarkable pace across all regions.
Rise in sales of replacement parts and others styling products through aftermarket is expected to foster the growth of air deflector market. By vehicle type, the air deflector market is segmented into commercial vehicles and passenger vehicles out of which the passenger vehicles are the leading segment owing to rise in demand from developing countries for passenger vehicles with top notch features that enhance safety.
In terms of region, Asia-Pacific is expected to dominate the market during the forecast period followed by Europe and North America. Major manufacturers in Asia-Pacific along with their partnerships with the local players, over time, have widened the scope of the market in the region.
Some of the key players in the air deflector market are Hatcher Components, Piedmont Plastics, Spoiler factory, DGA, ELLEDI srl – P.I. e C.F., and Lund International.
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Scope of the Global Air Deflector Market
Global Air Deflector Market by Material
• Acrylic
• Fiberglass
• ABS Plastic
Global Air Deflector Market by Mounting Method
• Tape-on Deflectors
• Bolt-on Deflectors
• In-channel Deflectors
Global Air Deflector Market by Manufacturing Process
• Casting
• Molding
• Vacuum Forming
Global Air Deflector Market by Position
• Bug Deflector
• Window Air Deflector
• Front Air Spoiler
• Rear Air Spoiler
• Roof Air Deflector
Global Air Deflector Market by Sales Channel
• OEM
• Aftermarket
Global Air Deflector Market by Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
Global Air Deflector Market by Geography
• North America
• Europe
• Asia-Specific
• Middle East & Africa
• Latin America
Key Players operating in the Global Air Deflector Market
• Hatcher Components
• Piedmont Plastics
• Spoiler factory
• DGA
• ELLEDI srl – P.I. e C.F.
• Lund International
• HEKO
• Peterburg Industrial & Design Co.
• FARAD group
• Climair UK Ltd
• Stampede Automotive Accessories
• Flauraud
• Directors Guild of America
MAJOR TOC OF THE REPORT
Chapter One: Air Deflector Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Air Deflector Market Competition, by Players
Chapter Four: Global Air Deflector Market Size by Regions
Chapter Five: North America Air Deflector Revenue by Countries
Chapter Six: Europe Air Deflector Revenue by Countries
Chapter Seven: Asia-Pacific Air Deflector Revenue by Countries
Chapter Eight: South America Air Deflector Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Air Deflector by Countries
Chapter Ten: Global Air Deflector Market Segment by Type
Chapter Eleven: Global Air Deflector Market Segment by Application
Chapter Twelve: Global Air Deflector Market Size Forecast (2019-2026)
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