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The global automotive rear spoiler market reached a value of about USD 3.75 billion in 2023. The market is further estimated to grow at a CAGR of 7.20% in the forecast period of 2024-2032 to reach a value of around USD 6.94 billion by 2032.
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The availability of rear spoilers made of acrylonitrile butadiene styrene plastic at a low cost is driving the market growth of automotive rear spoilers. In addition, the exceptional properties of ABS, such as toughness, electric insulation, high viscosity melt strength, and high heat distortion temperature, among others, are leading to its increasing demand in rear spoilers. The dimensional strength and stability of the ABS plastic material make it ideal for the production of heat-resistant automotive parts, such as rear spoilers. Moreover, it can control the thickness of the product during the blow moulding process, thereby leading to its expanding use in the manufacturing of automotive rear spoilers. The use of ABS plastic in the production of rear spoilers helps extend the durability of the product owing to its heat and chemical resistance, resulting in the wider adoption of the material.
The ever-increasing production and sales of passenger cars in the region owing to the inflating disposable income of customers are significantly catalysing the market growth of automotive rear spoilers. In addition, the strong presence of vehicle manufacturers and the installation of rear spoilers as a feature is further accelerating the development of the market for automotive rear spoilers.
The automotive rear spoiler is a common aerodynamic accessory designed to disrupt the unfavourable flow of air at the back of a vehicle and reduces the amount of turbulence and lift the automobile generates when it moves. It is installed on the vehicle’s boot or at the end of the roof.
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The market for automotive rear spoiler, by fuel type, is divided into:
Based on material, the market is segmented into:
On the basis of technology, the market is classified into:
Based on vehicle type, the market is segmented into:
The regional markets for automotive rear spoiler can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing demand for passenger and sports and luxury cars is leading to the market expansion of automotive rear spoilers. This is because the rear spoilers stimulate the resale value of the car and improve the performance of the vehicle as it minimises the turbulence at the rear of the automobile. Also, the government initiatives in introducing newly registered vehicles and automobile parts are boosting the development of the market owing to the increasing installation of rear spoilers in automobiles. In addition, it plays a critical role in reducing the amount of drag and elevating a vehicle experience, thereby fuelling market development.
Also, the growing trend of customising vehicles to improve the external appearance of an automobile and making it sportier is aiding the market development. Moreover, the rear spoilers increase fuel efficiency by reducing drag and eliminating aerodynamic lift, which saves fuel and promotes sustainability, thereby augmenting the market growth. Further, the technological advancement in the automotive sector is expected to augment the market for automotive rear spoilers in the forecast period.
The report gives a detailed analysis of the following key players in the global automotive rear spoiler market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Fuel Type |
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| Breakup by Material |
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| Breakup by Technology |
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| Breakup by Vehicle Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global automotive rear spoiler market attained a value of nearly USD 3.75 billion.
The market is assessed to grow at a CAGR of 7.20% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 6.94 billion by 2032.
The major market drivers include the rising initiatives by key players and the government to boost the production and sales of automobiles, the growing demand for enhanced external appearance of vehicle, and the increasing focus on fuel efficiency.
The key market trends include the growing adoption of vehicles with advanced features and rising advancements in automotive sector.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different fuel types in the market include ICE, BEV, HEV, and PHEV.
The significant materials available in the market include ABS plastic, carbon fibre, fibre glass, and sheet metal.
The major market divisions, based on technology, include blow moulding, injection moulding, and reaction injection moulding.
The various vehicle types available in the market are SUV, hatchback, and MPV.
The major players in the market are P.U. TECH SPOILER LP, Mercedes-Benz AG, SMP Deutschland GmbH, Plastic Omnium SE, REHAU Incorporated, and SRG Global™, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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