Global Active Aerodynamic Market By Vehicle Type (Light Duty Vehicles and Heavy Commercial Vehicles), By Application, By Mechanism, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032
- Published date: Sep 2023
- Report ID: 99574
- Number of Pages: 278
- Format:
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Report Overview
The Global Active Aerodynamic Market size is expected to be worth around USD 41.00 Billion by 2032 from USD 28.0 Billion in 2022, growing at a CAGR of 4.5% during the forecast period from 2023 to 2032.
The aerodynamic market for fuel-efficient vehicles is a promptly expanding segment within the automotive industry, driven by an increasing need for environmentally friendly transportation options. Aerodynamics is the study of how air moves around objects, specifically vehicles. Improving aerodynamics in vehicles can result in significant fuel savings by reducing drag and improving airflow.
This can be achieved through various techniques, such as the use of streamlined shapes, improved underbody designs, and features like active grille shutters or adjustable air vents. The automotive industry is predicted to experience significant growth over the coming years, driven by rising demand for fuel-efficient vehicles and stricter environmental regulations. Many automakers are investing heavily in aerodynamic research and development, as well as incorporating aerodynamic features into their vehicle designs.
With traditional gasoline-powered vehicles, the aerodynamic market is expanding into electric and hybrid models as improved aerodynamics can extend their range and boost efficiency. Overall, this segment of the automotive industry a growing as manufacturers search for ways to reduce emissions while increasing sustainability in transportation.
Driving Factors
Increased Demand for Fuel-Efficient Vehicles: With rising fuel prices and growing environmental concerns, there is a rise in demand for vehicles that offer better fuel performance. Active aerodynamics can reduce drag and enhance vehicle performance, leading to greater fuel economy.
Government Regulations: Governments around the world are enforcing stricter regulations on vehicle manufacturers to reduce carbon emissions and boost fuel efficiency. Active aerodynamics can help automakers meet these requirements without incurring expensive fines.
Technological Advancements: Recent advancements in technology, such as sensors, control systems, and materials, have enabled the creation of more sophisticated active aerodynamic systems that can adapt to changing conditions in real-time.
Adoption of electric vehicles: Electric vehicles require different aerodynamic requirements than traditional automobiles, and active aerodynamics can help optimize their performance.
Growing demand for high-performance vehicles: Active aerodynamics can enhance the performance of high-performance cars, offering greater speed and handling grip.
Restraining Factors
Active aerodynamic systems are still developing and require sophisticated control systems, sensors, and actuators. As a result, these systems can be expensive to develop and implement, potentially discouraging OEMs and customers from adopting them. Active aerodynamic systems are intricate and require a thorough knowledge of aerodynamics and control systems.
Designing, developing, and integrating these components into vehicles can be dauntingly complex; thus, extensive investment in research and development is necessary for success. Active aerodynamic systems require regular maintenance as well as calibration in order to remain optimal. This can be time-consuming and expensive, which could restrain some customers. Active aerodynamic systems depend on the complex network of sensors and actuators to operate correctly.
If any one component fails or malfunctions, the entire system could be put at risk, leading to potential safety concerns. Active aerodynamic systems are currently only available on high-end and performance cars, suggesting the market for these systems may not expand till they become more cost-effective and broadly adopted.
Growth Opportunities
The active aerodynamic market offers an exciting prospect for companies operating in the design, development, and production of advanced aerodynamic systems. Active aerodynamics refers to using sensors, actuators, and control systems to dynamically modify a vehicle’s aerodynamic surfaces for improved performance, stability, and fuel economy.
The market for active aerodynamics is being driven by several factors, including rising demand for fuel-efficient vehicles, stringent regulations on carbon emission, and increasing focus on vehicle safety and performance. Furthermore, the trend towards electric vehicles which have different aerodynamic requirements than traditional combustion engine vehicles is fueling this growth in active aerodynamics sales.
The automotive industry is a primary driver of active aerodynamics market share, but still, this technology is also finding applications in other sectors such as aerospace and wind energy. With the increasing need for high-performance and efficient aircraft, coupled with a desire to reduce noise and emissions, active aerodynamics is finding favor in aerospace operations.
Latest Trends
Active aerodynamics is a thrilling field that seeks to enhance the performance and efficiency of various types of vehicles, such as cars, trucks, airplanes, and wind turbines. This technology uses active components like sensors, actuators, and controllers to modify the shape and position of surfaces on a vehicle or wind turbine, decreasing drag while increasing lift.
One major trend in the active aerodynamics market is an increasing preference for fuel-efficient and eco-friendly vehicles. With increasingly stringent carbon emissions regulations and rising fuel prices, manufacturers are under immense pressure to produce more efficient vehicles. Active aerodynamics can play a pivotal role in helping them meet this objective.
Another trend in active aerodynamics is the application of advanced materials and technologies to enhance component performance. Shape memory alloys and smart materials can be utilized to produce lightweight, efficient actuators, sensors, and controllers that can be optimized for more precise, responsive control. The market for active aerodynamics is seeing growth within the aerospace industry, as companies develop new systems to enhance efficiency and safety aboard commercial and military aircraft.
Additionally, the wind energy industry is increasingly utilizing active aerodynamics to enhance turbine efficiency and lower maintenance expenses. Overall, the active aerodynamics market is projected to experience steady growth over the coming years due to rising demand for fuel-efficient and ecologically friendly vehicles, advances in materials and technologies, as well as an expanding application of active aerodynamics across industries.
By Vehicle Type Analysis
Based on type, heavy commercial vehicles (HVC) dominated the global active aerodynamic market with a 51% market share. Heavy commercial vehicles consume more fuel than light-duty vehicles mostly because of their heavier weight. Moreover, these vehicles’ boxy designs increase aerodynamic drag. Today’s engineers and designers are developing advanced aerodynamic parts like side skirts, gap fairings, and wind deflectors that can reduce this vehicle type’s fuel usage.
About using lightweight materials to manufacture these aerodynamic applications, this vehicle type is likewise seeing tremendous innovation. The enormous potential for aerodynamics development in HCVs in developing countries is anticipated to support this vehicle type’s faster expansion in the automotive aerodynamics market.
By Application Analysis
By application System, Grille shutters dominated the active aerodynamic market with a 40% market share. Grille shutters are usually composed of multiple individual panels or louvers that can be opened or closed to regulate airflow through the front of a vehicle. They may be operated manually or automatically depending on the application.
Grille shutters are often employed in the automotive industry to improve fuel economy by reducing drag and optimizing aerodynamic performance. By controlling airflow through the front grille, these shutters can help reduce wind resistance and boost fuel economy – particularly at higher speeds.
Other applications of active aerodynamics in the automotive industry include active spoilers and underbody aerodynamics to further enhance vehicle aerodynamic performance. These technologies are designed to increase stability, reduce lift, and optimize overall vehicle handling under various driving conditions.
Overall, the active aerodynamics market is a rapidly developing sector with numerous applications in automotive and transportation. Grille shutters are just one example of many technologies being developed and deployed to enhance vehicle performance and efficiency; this trend is expected to continue over the upcoming years.
By Mechanism Analysis
Based on the mechanism, the Passive segment dominates the active aerodynamic market with a 66% market share. In today’s cars, passive aerodynamic uses have grown significantly. This is due to the fact that these systems notably contribute to decreased battery consumption in EVs and decreased fuel consumption in internal combustion engine (ICE) vehicles. By lessening the drag force on the vehicle, this can be accomplished.
Sometimes similar devices are also fitted to increase the aesthetic appeal of the vehicle. For LDVs, the passive system market is already fully developed, and for HCVs, it has a respectable penetration. Also, because these systems are less expensive than active systems, manufacturers all over the world favor using them, making this market segment the largest for vehicle aerodynamics.
Key Market Segments:
Based on Vehicle Type
- Light Duty Vehicles
- Heavy Commercial Vehicles
Based on Application
- Grille Shutter
- Spoiler
- Air Dam
- Side Skirts
- Diffuser
- Wind Deflectors
- Gap fairing
- Other applications
Based on Mechanism
- Passive System
- Active System
COVID-19 Impact Analysis
The global active aerodynamics market has been severely disrupted by the COVID-19 pandemic. This crisis caused widespread disruption to global supply chains as well as manufacturing processes, resulting in a delay in the production of active aerodynamic systems.
The pandemic has also caused a drop in consumer demand for new vehicles, impacting the entire automotive industry – including active aerodynamics. Many consumers have put off purchasing new cars due to financial uncertainty, leading to lower demands for active aerodynamic systems.
Despite these challenges, there have been some positive developments in the active aerodynamics market. With an increase in remote work and telecommuting, there has been a rise in demand for electric and hybrid vehicles with active aerodynamic systems. Furthermore, governments around the world have implemented stimulus packages to promote electric vehicle adoption, which will further fuel demand for active aerodynamic systems.
Moreover, the pandemic has spurred a renewed emphasis on sustainability as well as emissions reduction. This has generated renewed interest in technologies that can enhance the fuel efficiency of vehicles, such as active aerodynamic systems.
Overall, while the COVID-19 pandemic has had an impact on the active aerodynamics market, there remain opportunities for growth and innovation within it. While its long-term effects remain uncertain, demand for active aerodynamic systems is driven by concerns around sustainability, fuel efficiency, and government regulations.
Regional Analysis
The largest share of the market will be dominated by North America with 41% of the market share owing to the presence of major automakers and their focus on fuel-efficient vehicles
North America dominates the market with a 41% market share, owing to the presence of major automakers and their focus on fuel-efficient vehicles. Furthermore, with increasing electric vehicle sales in the region, demand for active aerodynamic systems will grow significantly.
The APAC region is expected to experience the fastest growth in demand for active aerodynamic systems, driven by countries such as China, Japan, and India that are experiencing rapid automotive industry development. Further, rising electric vehicle sales across this region will fuel demand for these systems.
Europe is forecast to hold a substantial share of the market, owing to its stringent emissions regulations and the presence of major manufacturers like BMW, Audi, and Mercedes-Benz. These brands are investing heavily in creating fuel-efficient vehicles which should fuel demand for active aerodynamic systems within Europe.
Latin America, the Middle East, and Africa are also expected to see significant growth in the active aerodynamic market, owing to the growing demand for fuel-efficient vehicles and the increasing adoption of electric vehicles in these regions.
Key Regions and Countries
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
The global active aerodynamic market is expected to experience significant growth over the coming years, due to rising demand for fuel-efficient and eco-friendly vehicles. Active aerodynamics is a collection of technologies that utilize movable components to optimize airflow around a vehicle, decreasing drag and enhancing performance.
Market Key Players:
- Magna International Inc
- Rochling SE & Co. KG
- Plastic Omnium
- SMP Automotive
- Valeo
- SRG Global
- Polytec Holding AG
- Plasman
- INOAC Corporation
- Rehau Group
- SDN BHD
- HBPO
- Spoiler Factory
- Airflow Deflector
- BMW AG
- Audi AG
- Ford Motor Company
- Daimler Truck Holding AG
- Volkswagen
- Renault Group
- PSA Group
- General Motors
- Other Key Player
Recent Developments:
- In February 2021, Magna International Inc. unveiled their new active aerodynamic system called SmartAccess Active Aero. This includes a motorized grille, air shutter, and front fascia which can automatically open or close to optimize aerodynamic performance.
- In 2020, BAE Systems and Williams Advanced Engineering joined forces to develop an active aerodynamics system for future electric vertical takeoff and landing (eVTOL) aircraft. This system utilizes advanced airflow control technology to enhance the performance and efficiency of the aircraft. Listed below are some of the most prominent bio-based surface disinfectant industry players.
Report Scope:
Report Features Description Market Value (2022) US$ 28 Bn Forecast Revenue (2032) US$ 41 Bn CAGR (2023-2032) 4.5% Base Year for Estimation 2022 Historic Period 2016-2022 Forecast Period 2023-2032 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Vehicle Type, By Application, By Mechanism Regional Analysis North America – The US, Canada,&Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, &Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, &Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, &Rest of MEA Competitive Landscape General Motors, Magna International Inc, Rochling SE & Co. KG Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is the Active Aerodynamic Market Size in the Year 2022?The Global Active Aerodynamic Market size was USD 28.0 Billion in 2022, growing at a CAGR of 4.5%.
What is the Active Aerodynamic Market CAGR Estimated During the Forecast Period?The Global Active Aerodynamic Market size is expected to grow at a CAGR of 4.5% during the forecast period from 2023 to 2032.
What is the Active Aerodynamic Market Size Estimated During the Forecast Period?The Global Active Aerodynamic Market size is expected to be worth around USD 41.00 Billion by 2032 during the forecast period.
- Magna International Inc
- Rochling SE & Co. KG
- Plastic Omnium
- SMP Automotive
- Valeo
- SRG Global
- Polytec Holding AG
- Plasman
- INOAC Corporation
- Rehau Group
- SDN BHD
- HBPO
- Spoiler Factory
- Airflow Deflector
- BMW AG
- Audi AG
- Ford Motor Company
- Daimler Truck Holding AG
- Volkswagen
- Renault Group
- PSA Group
- General Motors
- Other Key Player
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