Global Automotive Active Aerodynamics System Market to Reach 1.7 Million Units by 2026

FACTS AT A GLANCE

Edition: 7; Released: April 2021

Executive Pool: 2233

Companies: 42 – Players covered include BMW Group (Bayerische Motoren Werke AG); Bugatti Automobiles S.A.S.; Dr. Ing. h.c. F. Porsche AG; Ford Motor Company; General Motors Company; Koenigsegg Automotive AB; Magna International, Inc.; Pagani Automobili S.P.A. and Others.

Coverage: All major geographies and key segments

Segments: End-Use (Mid-Sized Vehicles, High Performance Vehicles)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Automotive Active Aerodynamics System Market to Reach 1.7 Million Units by 2026
Amid the COVID-19 crisis, the global market for Automotive Active Aerodynamics System estimated at 999.5 Thousand Units in the year 2020, is projected to reach a revised size of 1.7 Million Units by 2026, growing at a CAGR of 8.6% over the analysis period. Mid-Sized Vehicles, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach 1.3 Million Units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the High Performance Vehicles segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at 295.2 Thousand Units in 2021, While China is Forecast to Reach 336.2 Thousand Units by 2026
The Automotive Active Aerodynamics System market in the U.S. is estimated at 295.2 Thousand Units in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 336.2 Thousand Units by the year 2026 trailing a CAGR of 11.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR. More

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