NEW YORK, July 26, 2024 /PRNewswire/ -- The
global automotive active aerodynamics system market size
is estimated to grow by USD 38.55
billion from 2024-2028, according to Technavio. The market
is estimated to grow at a CAGR of 18.55% during the forecast
period. Stringent regulations for emission control increase
adoption of active aerodynamics systems is driving market growth,
with a trend towards use of advanced active grille shutter systems
to reduce co2 emissions from vehicles. However, increased weight
and complexity of vehicles poses a challenge. Key market players
include Batz Group, Bayerische Motoren Werke AG, Burelle SA,
Ford Motor Co., General Motors Co., HBPO GmbH, Horacio Pagani S p
A, Johnson Electric Holdings Ltd., Koch Industries Inc., Koenigsegg
Automotive AB, Magna International Inc., Mercedes Benz Group AG,
Plasman Plastics Inc., Polytec Holding AG, Porsche Automobil
Holding SE, Rochling SE and Co. KG, SONCEBOZ SA, and Valeo SA.
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Automotive Active
Aerodynamics System Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
18.55%
|
Market growth
2024-2028
|
USD 38557.4
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
15.19
|
Regional
analysis
|
North America, Europe,
APAC, Middle East and Africa, and South America
|
Performing market
contribution
|
Europe at
33%
|
Key
countries
|
US, China, Germany,
France, and UK
|
Key companies
profiled
|
Batz Group, Bayerische
Motoren Werke AG, Burelle SA, Ford Motor Co., General Motors Co.,
HBPO GmbH, Horacio Pagani S p A, Johnson Electric Holdings Ltd.,
Koch Industries Inc., Koenigsegg Automotive AB, Magna International
Inc., Mercedes Benz Group AG, Plasman Plastics Inc., Polytec
Holding AG, Porsche Automobil Holding SE, Rochling SE and Co. KG,
SONCEBOZ SA, and Valeo SA
|
Market Driver
Active aerodynamics systems play a crucial role in modern
vehicles by optimizing airflow to the cooling system and engine
compartment, reducing emissions and enhancing fuel efficiency. For
instance, open and shut technology opens vents to allow air in when
cooling is required, while closing them otherwise. Modern active
grille systems offer more operational modes, such as keeping vents
closed during cold starts to help engines reach optimal temperature
quickly, saving fuel. Ford and other automotive OEMs are increasing
adoption of this technology, fueling market growth during the
forecast period.
The Automotive Active Aerodynamics System market is witnessing
significant growth due to the increasing focus on aerodynamics in
moving objects, including automobiles. Airflow management around
vehicles is crucial for reducing drag, improving fuel efficiency,
and reducing carbon emissions. Active aerodynamics systems use
sensors to adjust the body's surface in response to relative
motion, creating lift force and aerodynamic stability. These
systems are essential for powertrain improvements and weight
reduction, making them vital for meeting carbon-reduction
regulations. The airline industry and regulatory authorities have
set stringent emissions standards, driving OEMs to invest in active
aerodynamic systems. These systems can also enhance visual appeal
and reduce wind noise and noise emission. Lightweight materials
like aluminum and polymer composites are used in manufacturing
facilities to produce these systems. However, the workforce
shortage in the automotive industry may pose a challenge to market
growth. Electric vehicles are also adopting active aerodynamic
systems to improve fuel consumption and reduce carbon emissions.
Overall, the market for automotive aerodynamic systems is expected
to grow, driven by the need for power losses reduction, fuel
efficiency, and carbon emission mitigation.
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Market Challenges
- The automotive active aerodynamics system market is expanding,
with high-end sports cars leading the adoption. Companies like
General Motors and Ford are integrating these systems into everyday
sedans, such as the Chevrolet Cruze with adjustable grille
shutters. However, the addition of active aerodynamics systems
increases vehicle weight due to electric motors and complexity from
automatic shutter adjustments. Stricter efficiency standards pose a
challenge for automakers to develop lightweight and efficient
systems. General Motors is addressing this by exploring the use of
lightweight metals in their technology.
- The Automotive Active Aerodynamics System market is
experiencing significant growth due to increasing demand for
fuel-efficient and low-emission vehicles. However, challenges
persist in the form of wind noise and noise emission, lift force,
aerodynamic stability, and power losses. OEMs are turning to active
system aerodynamics, such as grille shutter systems, air dams, and
speed lips, to address these issues. Lightweight materials like
aluminum and polymer composites are also being used to reduce
weight and improve fuel efficiency. Manufacturing facilities face
workforce shortages, making it crucial for OEMs to optimize
production processes. Mid-priced cars and commercial vehicles are
major markets for active aerodynamic components, with fuel
efficiency and emission regulations driving demand. High-speed
vehicles and lightweight passenger cars also benefit from active
aerodynamics. Acoustic components, such as thermoacoustic engine
encapsulations, help reduce noise levels. Electric vehicles present
new opportunities, as aerodynamics plays a crucial role in
maximizing range. Overall, the market is expected to continue
growing, with a focus on stability, fuel efficiency, and reducing
carbon emissions.
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Segment Overview
This automotive active aerodynamics system market report
extensively covers market segmentation by
- Application
- 1.1 Mid-sized vehicles
- 1.2 High performance vehicles
- Geography
- 2.1 North America
- 2.2 Europe
- 2.3 APAC
- 2.4 Middle East and
Africa
- 2.5 South America
1.1 Mid-sized vehicles- The mid-size vehicle
segment leads the global automotive active aerodynamics system
market due to technological advancements and rising demand for
sunroofs in mid-range passenger cars. End-users seek improved
vehicle performance and safety features, creating significant
market potential. Developing countries, particularly China, India,
Brazil, South Korea, Indonesia, and parts of Eastern Europe, present significant growth
opportunities for Original Equipment Manufacturers (OEMs) due to
low passenger car penetration rates. For instance, India is projected to reach 72 vehicles per
1000 people by 2025, while China
had 214 cars per 1000 people in 2021. The automotive industry is
poised for growth in these developing markets during the forecast
period, making active aerodynamics systems a valuable investment
for OEMs.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global Automotive Aftermarket Shock Absorbers Market is
experiencing significant growth, driven by increasing vehicle
ownership and demand for enhanced ride comfort. Meanwhile, the
global Automotive Retractable Door Handle System Market is
expanding due to advancements in vehicle design and the pursuit of
sleek aesthetics. Additionally, the global Hypercar Market is
booming, fueled by rising consumer interest in high-performance,
luxury vehicles and technological innovations. Together, these
markets reflect a dynamic shift in automotive preferences,
emphasizing comfort, design, and cutting-edge performance.
Research Analysis
Automotive Active Aerodynamics Systems (AAS) utilize moving air
and the relative motion between air flows and the vehicle body to
generate active forces, enhancing aerodynamic stability and
reducing wind noise and noise emission. AAS employs various active
aerodynamic components, such as grille shutter systems and air
grilles, to optimize air flow around the vehicle. This technology,
initially inspired by rockets and kites, is increasingly adopted in
automobiles to improve fuel efficiency, reduce power losses, and
decrease carbon emissions. AAS is applied to passenger cars, light
commercial vehicles, medium duty vehicles, and heavy-duty vehicles,
using lightweight materials to minimize weight and maximize
performance. Acoustic engineering is also essential in AAS to
minimize unwanted noise. Overall, AAS is a game-changer in
automotive engineering, offering significant benefits in terms of
aerodynamic features, fuel efficiency, and environmental
sustainability.
Market Research Overview
Automotive Active Aerodynamics Systems (AAS) is a technology
that utilizes moving air and the relative motion between air and
the vehicle's body to generate force and improve vehicle
performance. AAS employs various components such as grille
shutters, active speed lips, and air dams, which adjust according
to vehicle speed and driving conditions to minimize drag and
maximize lift force. This results in improved fuel efficiency,
reduced emissions, and enhanced aerodynamic stability. AAS is
increasingly being adopted in automobiles as regulatory authorities
impose stricter fuel consumption and carbon-reduction regulations,
similar to those in the airline industry. AAS also offers visual
appeal and weight reduction benefits, making it an attractive
option for OEMs producing fuel-efficient and lightweight vehicles.
The use of lightweight materials like aluminum and polymer
composites further enhances the benefits of AAS. Electric vehicles
and commercial vehicles are also adopting active aerodynamic
components to improve fuel efficiency and reduce carbon emissions.
The manufacturing of AAS components requires specialized workforce
and facilities, which may pose challenges for OEMs. The acoustic
properties of AAS components are also being explored to reduce wind
noise and noise emissions. Overall, AAS is a crucial technology for
the automotive industry in the era of increasing focus on fuel
efficiency, emissions reduction, and sustainability.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Mid-sized Vehicles
- High Performance Vehicles
- Geography
-
- North America
- Europe
- APAC
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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