Market Size Evaluation: Automotive Active Grille Shutter (AGS) Industry Insights Revealed 2023-2032
Active grille shutter is an advanced mechatronic system, which has automatic opening and closing shutters based on real-time needs that allows or restrict airflow. The active grill shutter improves fuel efficiency by reduction of aerodynamic drag, thereby, leading to reduced CO2 emissions. The automotive industry is adopting technologies, which lead to improvement in fuel economy and reduction in harmful emissions. Due to increase in demand for better fuel economy and reduction in CO2 emissions, Active Grille Shutter (AGS) has been considered as an option to increase fuel economy by reducing vehicle drag resistance. This has positively impacted the Automotive Active Grille Shutter (AGS) Market.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-toc-and-sample/5590
For the car and SUV markets, the rising fuel cost is scaring first time buyers. Earlier, the increase in price was occasional and the automotive industry used to understand its impact easily, however, nowadays the surge in prices occurs more often, thus the impact is difficult to interpret. Over the past one year, fuel prices have been inching upward and has significantly impacted the total cost of ownership of vehicles, which is an important factor that is considered by the consumers. Hence, it can be concluded that there is rise in demand for vehicles with higher fuel-efficiency.
The factors that drive the growth of the Automotive Active Grille Shutter (AGS) Market include rise in demand for vehicles with higher fuel-efficiency, emphasis of automakers on achieving aerodynamic vehicle body to reduce air drag, and increasing stringency of vehicle emissions. In addition, the factor that restrains the automotive active grille shutter market growth is increasing manufacturing cost due to regulatory environment.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/automotive-active-grille-shutter-market/purchase-options
The automotive active grille shutter market is segmented on the basis of vehicle type, shutter vanes type, shutter type, and region. Based on vehicle type, its segmentation is done into passenger car, LCV, and HCV. By shutter vanes type, it is categorized into horizontal AGS and vertical AGS. By shutter type, it is bifurcated into visible AGS and non-visible AGS. By region, it is analyzed for Asia-Pacific, Europe, North America, and LAMEA.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/5590
๐๐๐ฌ ๐๐๐ก๐๐๐๐ง๐ฆ ๐๐ข๐ฅ ๐ฆ๐ง๐๐๐๐๐ข๐๐๐๐ฅ๐ฆ
This study comprises analytical depiction of the Automotive Active Grille Shutter (AGS) Market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold in Automotive Active Grille Shutter (AGS) Industry.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The Automotive Active Grille Shutter (AGS) Market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
๐๐๐ฌ ๐ ๐๐ฅ๐๐๐ง ๐ฃ๐๐๐ฌ๐๐ฅ๐ฆ ๐ฃ๐ฅ๐ข๐๐๐๐๐
Rochling Automotive
Techniplas LLC.,
Brose Fahrzeugteile GmbH & Co. KG
Magna International Inc.
Valeo SA
SRG Global
HBPO GmbH
Shape Corporation
Coburg
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