The global automotive active aerodynamic systems market was valued at almost 771 thousand units during 2016 and is expected to surpass 1,242 thousand units by 2021, says Technavio.
Technavio has announced its latest market research report on the global automotive active aerodynamic systems market, under its automotive electronics portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like General Motors, Ford Motor company, Porsche, and Magna International.
According to Neelam Barua, a lead analyst for automotive electronics research at Technavio, “The rise in number of vehicles will have a significant impact on the environment. As a countermeasure, governments across the world are enforcing stringent emission norms to keep emission under control. This is leading to the growing adoption of EVs in the automotive market.”
Improvements in the battery technology such as the development of lithium-ion batteries have also increased the mile range and reliability of EVs. Further, improvement in the battery technology is expected during the forecast period such as the use of solid-state battery technology by Toyota instead of the current lithium-ion battery.
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Use of the advanced active grille shutter system to reduce CO2 emission from vehicles
Vehicles with active grille systems consume less fuel than vehicles without the active grille systems. Ford and Chevrolet are continuously increasing the number of models in which this technology is available, and other automotive OEMs are focused on the adoption of this system.
Use of fixed deployment wings to create various aerodynamic effects
Vendors in the market are innovating continuously in terms of technology. Koenigsegg Automotive developed fixed deployment wings instead of simple wings that extend when the vehicle attains a certain speed. These wings have variable angles that can be modified to create various aerodynamic effects.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this industry research report. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Automotive Active Aerodynamics Systems Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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