Covid-19 Impact on Automotive Active Grille Shutter Market to See Strong Expansion Through 2024

The report named Automotive Active Grille Shutter Market, published by Stratview Research offers thorough knowledge regarding the development and current scenario of the market. This report contains updated information related to the market, gathered by extensive primary and secondary research. The market report incorporates the key players including manufacturers, providers, etc., and can be helpful for users in understanding the scenario of the market and taking firm decisions for future investments.

Market Insights:

This newly published and insightful report sheds light on the market insights, including analysis of the overall value chain from suppliers to end-users. It also predicts the market size for the period 2019-2024.

The automotive active grille shutter market is likely to grow at an impressive double-digit rate over the next five years to reach US$ 1,206.0 million in 2024. The auto industry has efficaciously been ushering in a new era of aerodynamic vehicles with a meticulous investment into advanced components that can address the changing business requirements in the most effective manner. All the major automakers have vigorously been incorporating active components in their most-renowned vehicle models with the purpose to improve the overall fuel efficiency of vehicles in order to address stringent government regulations, such as CAFE Standards and EU Commission on Carbon Emissions Reduction Targets.

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Key Players

Stratview Research tracks all the major product launches, mergers and acquisitions over the past few years. The identification of key players in the market is based on both primary interview results as well as available authentic secondary data sources.

The key Automotive Active Grille Shutter manufacturers are-

The key raw material suppliers for automotive active grille shutter are-
• Lanxess AG
• Celanese Corporation
• BASF SE

whereas some of the major active grille shutter actuator suppliers are-
• Hella KGaA Hueck & Co.
• Sonceboz SA
• Johnson Electric
• Brose Fahrzeugteile GmbH & Co. KG.

The key automotive active grille shutter manufacturers are-
• Rochling Automotive
• Magna International Inc.
• Valeo SA
• SRG Global
• HBPO
• Shape Corporation.
• EVERDIGM (South Korea), and
• Komatsu Ltd. (Japan).

This report aims at providing critical market information and valuable insights which are of high value to the users, enabling them to identify the strategic growth opportunities in the market.

The report also aims at answering the following key questions:
- What is the current and future potential of the Automotive Active Grille Shutter Market?
- How will the COVID-19 pandemic impact the market?
- What will be the short and long-term repercussions of the pandemic?
- What crucial factors are changing the market dynamics?
- When is the recovery from the pandemic expected?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the market competition?
- What are the key emerging trends and unmet needs?
- What are the strategic growth opportunities and key success factors?

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