Press release
Global Automotive Active Grille Shutter System Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
An advanced mechatronic device known as an active grille shutter automatically opens and closes shutters to allow or restrict airflow based on current conditions. The active grill shutter reduces aerodynamic drag, increasing fuel efficiency and lowering CO2 emissions. Technologies that improve fuel efficiency and reduce harmful emissions are being adopted by the automotive industry. Active Grille Shutter (AGS) has been taken into consideration as a possible solution to improve fuel economy by lowering vehicle drag resistance in response to the growing demand for better fuel economy and a decrease in CO2 emissions. This has had a favorable effect on the market for automotive active grille shutters (AGS).
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During the forecast period, Asia-Pacific is anticipated to grow the most, with China serving as the main driver of growth. The annual growth in regional vehicle production is exponential. In the post-COVID-19 period, this growth is responsible for rising consumer preference for independent travel, which will increase demand for cars and safety features like active grille shutters. Additionally, the regional outlook will also be improved by the launch of encouraging government initiatives and the growing use of EVs and autonomous vehicles.
Some of the key players profiled in the Automotive Active Grille Shutter System Market include Aisin Seiki Co., Ltd, BATZ, Brose Fahrzeugteile GmbH & Co. K, Coburg, HBPO GmbH, Johnson Electric, Magna International Inc., Mirror Controls International, Rochling Group, S.Coop, Shape Corporation, Sonceboz, SRG Global, Techniplas LLC., Tong Yang Group, Toyoda Gosei and Valeo SA.
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