Press release
Active Grille Shutter Market Report Analysis Key Trends, Application areas and Forecast by 2030
Global Active Grille Shutter Market
Benefits of active grille shutters include improving the aerodynamics and fuel efficiency of a vehicle. These shutters also provide benefits related to engine encapsulation, improved cold start, heat retention, and noise reduction. All these advantages are leading to rise in demand for automotive active grille shutters across geographies.
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.
Demand for active grille shutters is increasing in electric and hybrid electric vehicles. Automakers such as Hyundai, Daimler, General Motors, Tesla, and Toyota are offering active grille shutters in models such as Optima, C-Class, Cruze, Model S, and Camry. Aerodynamics is becoming an imperative aspect of electric vehicles in order to improve battery efficiency. Therefore, rising penetration of electric vehicles is expected to boost the demand for active grille shutters.
The Active Grille Shutter is referred to as a progressive mechatronic system, that is designed to control the flow of air based on real-time by automatic open and shut technology. Active Grille Shutter is of two types, Visible and Non-Visible active grille shutter. The shutter starts the process when the engine requires the additional airflow. The electronic control unit integrated with the system is used to operate the shutter to deduce the turbulence during the high speed. It helps in the reduction of the aerodynamic drag in response to which the engine can optimize its operating temperature, increases fuel efficiency by reducing aerodynamic drag, therefore contributing in reduction of CO2 emissions. It widely finds its application in the automotive industry in order to develop fuel economy and reduction in harmful emissions. Active grille shutter system opens the radiator air inlet at the front of the vehicle when the air conditioning is at the highest capacity setting.
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Global Active Grille Shutter Market: Segmentations
Global Active Grille Shutter Market: By Key Players
Rochling Group
Valeo
Magna International
SRG Global
Batz
S.Coop
HBPO GmbH
Techniplas
Brose Fahrzeugteile
Coburg
Tong Yang Group
Keboda
STARLITE
Aisin Seiki
Global Active Grille Shutter Market: By Types
Visible
Non-visible
Global Active Grille Shutter Market: By Applications
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Active Grille Shutter Market: Regional Analysis
The countries covered in the regional analysis of the Global Active Grille Shutter market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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