Press release
Active Grille Shutter Market Global Production, Growth, Share, Demand and Applications Forecast to 2026
The report presents an in-depth assessment of the Active Grille Shutter Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents SWOT Analysis and forecast for Active Grille Shutter investments. The final report copy provides the impact analysis of novel COVID-19 pandemic on the Active Grille Shutter market as well as variation during the forecast period from 2021 till 2027.The Global Active Grille Shutter Market is projected to reach from an estimated $ 1.1 billion in 2020 to $ 1.9 billion in 2025 on account of various benefits of active grille shutters such as improving vehicle aerodynamics by more than 30% compared to non-active grille shutter vehicle and also offering up to 20% weight reduction. All the leading automakers are adopting this technology for their premium vehicle models as well as the models that are best in terms of sales.
Top Companies in the global Active Grille Shutter market are Rochling Group, Valeo, Magna International, SRG Global, Batz, S.Coop, HBPO GmbH, Techniplas, Brose Fahrzeugteile, Coburg, Tong Yang Group, Keboda, STARLITE, Aisin Seiki
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Segment by Type
Visible
Non-visible
Segment by Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
AGS has a disruptive journey so far in the automotive industry and has evolved a lot with changing market needs and designs. However, to maintain the growth momentum, AGS must to adapt itself as per the new business environments including a greater incorporation of ADAS (Advanced Driver-Assistance Systems) electronics, such as auto-braking and auto cruise control; the development of new diesel and electric engines; and introduction of more stringent regulations regarding pedestrian protection and carbon emission reductions.
Automotive active grille shutters are designed to limit the air flow from the front grille after a vehicle has attained a speed of more than 19 mph. Active grille shutters are employed to improve the aerodynamics of the vehicle in order to reduce air drag and minimize load on the engine, thereby achieving higher fuel rating and low emissions.
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Highlights of Active Grille Shutter Market:
-The report provides a detailed analysis of current and future market trends to identify the investment opportunities of the Market.
-Key Active Grille Shutter market trends across the business segments, regions and countries
-Key developments and strategies observed in the market
-In-depth company profiles of key players and upcoming prominent players
-Key market dynamics such as drivers, restraints, opportunities and other trends
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Active Grille Shutter Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Active Grille Shutter Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Free customization of the report: This report can be further customized according to the client’s specific requirements. No additional charges will be added for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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