Active Grille Shutter Market Status and Outlook: 2021, Growth Factors, Industry Dynamics and Profitable Opportunities by 2027 | Rochling Group, Valeo, Magna International

The research report on the "Active Grille Shutter Market" provides valuable knowledge of this business growth and information concerning the market tendencies such as revenue estimations, growing CAGR status, market valuation, and market size over the estimated period. The global Active Grille Shutter market research report updated with the latest industry data provides precise guidance and market features to support your efforts to achieve economic growth and development.

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Active Grille Shutter Market was valued at USD 3280 Million in 2018 and is projected to reach USD 4740 Million by 2027, growing at a CAGR of 4.7% from 2019 to 2027.

Whilst the primary function of the active grille shutters is to reduce the aerodynamic drag of the car, there are some secondary benefits like improving the warm up time of engine and also retaining engine heat when parked. The active grille shutter is located at the front bumper lower opening. While driving, the active grille shutter system closes the shutter to reduce air flow to the engine compartment for the purpose of reducing aerodynamic drag and as a result improves the vehicle's fuel efficiency.

Major Players Operating in the Active Grille Shutter Market:

Rochling Group, Valeo, Magna International, SRG Global, Batz, S.Coop, HBPO GmbH, Techniplas, Brose Fahrzeugteile, Coburg, Tong Yang Group, Keboda, STARLITE, Aisin Seiki

Active Grille Shutter Market Overview:

The segmentation chapters enable readers to understand aspects of the market such as its products, market size, manufacturer details, share, available technology and applications. The research report also provides detailed information on new trends that may define the development of these segments in the coming years. The document also comprises of crucial insights pertaining to the major industry trends and the expected growth rate of the Active Grille Shutter market.

Market Segmentation: By Type

Visible, Non-Visible

Market Segmentation: By Application

Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle

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Overview of the impact of Covid-19:

The emergence of COVID-19 brought the world to a standstill. We understand that this health crisis has had an unprecedented impact on business across the industry. Overall, almost all sectors are expected to be affected by pandemics. We are committed to ensuring that your business lasts and grows during the Covid-19 epidemic. Our experience and expertise will help us prepare for the future by providing impact analysis of coronavirus outbreaks across the Active Grille Shutter industry.

Years considered for this report:

- Historical Years: 2016-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2027

Considering the Geographical Landscape of the Active Grille Shutter market:

-> North America (United States, Canada, and Mexico)
-> Europe (UK, Germany, France, Russia, and Italy)
-> Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
-> South America (Brazil, Colombia, Argentina, etc.)
-> The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

What the Report has to Offer?

1. Market Size Estimates: The report offers accurate and reliable estimation of the market size in terms of value and volume. Aspects such as production, distribution and supply chain, and revenue for the Active Grille Shutter market are also highlighted in the report.
2. Analysis on Market Trends: In this part, upcoming market trends and development have been scrutinized.
3. Growth Opportunities: The report here provides clients with the detailed information on the lucrative opportunities in the Active Grille Shutter market.
4. Regional Analysis: In this section, the clients will find comprehensive analysis of the potential regions and countries in the market.
5. Analysis on the Key Market Segments: The report focuses on the segments: end user, application, and product type and the key factors fuelling their growth.
6. Vendor Landscape: Competitive landscape provided in the report will help the companies to become better equipped to be able to make effective business decisions.

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