DUBLIN, Apr 20, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Active Aerodynamics System Market 2017-2021" report to their offering.
The analysts forecast the global automotive active aerodynamic systems market to grow at a CAGR of 10.02% during the period 2017-2021.
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 report also includes a discussion of the key vendors operating in this market.
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.
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.
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.
- General Motors
- Ford Motor company
- Magna International
Other prominent vendors
- Pagani Automobili
- Koenigsegg Automotive
- BUGATTI AUTOMOBILES
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/mmsb76/global_automotive
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SOURCE Research and Markets