Passenger Car Aerodynamic Components Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Passenger Car Aerodynamic Components Market accounted for US$ 8,326.1 Mn in 2018 and is expected to grow at a CAGR of 5% over the forecast period 2021-2027, to account for US$ 13,160.6 Mn in 2027.

The aerodynamic performance of an electric vehicle has a significant impact on the vehicle’s power performance, economy, handling stability and ride comfort. There is a growing body of research on how the placement of power battery packs affects performance. Battery packs for electric vehicles are large in size and weight, making it difficult to find a suitable space for the layout. Currently, many Chinese electric vehicle manufacturers are deploying battery packs in the automotive chassis field. Due to chassis design constraints, bulky battery packs are typically lowered into electric vehicle chassis. These structural changes will have a certain impact on the aerodynamic performance of electric vehicles. After all, electric vehicles cannot recover the power used to overcome air resistance. In cities, giant electric vehicles are practical because they can recover a large portion of the energy. Use regenerative braking to accelerate when driving to the next red light. However, the situation is completely unusual for long trips.

Market Segments

By Mechanism

• Active System
• Passive System

By Vehicle Type

• Electric Vehicle
• ICE vehicle

By Application

• Air Dam
• Diffuser
• Gap Fairing
• Grille Shutter
• Side Skirts
• Spoiler
• Front Splitter

Key Players

Some of the players present in passenger car aerodynamic components market are Plasman Group, Valeo, Magna International Inc., HBPO GmbH, Röchling Group, INOAC Corporation, Polytec Holding AG, REHAU Ltd., SMP Deutschland GmbH, and SRG Global among others.

Scope of the Report

The research study analyzes the global Passenger Car Aerodynamic Components industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Passenger Car Aerodynamic Components Market Report

1. What was the Passenger Car Aerodynamic Components Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Passenger Car Aerodynamic Components Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Passenger Car Aerodynamic Components Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.