Boston, MA -- (SBWIRE) -- 03/22/2017 -- 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. During the 2008-2009 global financial crisis and 2013 Euro zone crisis, the industry experienced a considerable decline in demand; however, the market slowly stabilized primarily due to the relative economic stability in developing nations. The exhibit below depicts the GDP performance of the top economies over 2012-2015.

Get More Details on this Report and a Full Table of Contents at Global Automotive Active Aerodynamics System Market 2017-2021

Technavio's analysts forecast the global automotive active aerodynamic systems market to grow at a CAGR of 10.02% during the period 2017-2021.

Covered in this report

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 market is divided into the following segments based on geography:

-Europe
-North America
-ROW

Technavio's report, Global Automotive Active Aerodynamic Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-General Motors
-Ford Motor company
-Porsche
-Magna International

Other prominent vendors

-Pagani Automobili
-Koenigsegg Automotive
-BUGATTI AUTOMOBILES
-BMW

Market driver

-Stringent regulations for emission control pushing the adoption of the active aerodynamics system
-For a full, detailed list, view our report

Market challenge

-Increased weight and complexity of vehicles
-For a full, detailed list, view our report

Market trend

-Use of advance active grille shutter system to reduce CO2 emission from vehicles
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: General Motors, Ford Motor company, Porsche, Magna International, Pagani Automobili, Koenigsegg Automotive, BUGATTI AUTOMOBILES, BMW

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