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Active Grille Shutter Market Growth: Trends, Innovations, and Forecast to 2029

Active Grille Shutter Market

Active Grille Shutter Market

The active grille shutter market is gaining traction, driven by advancements in automotive aerodynamics and increasing demand for fuel-efficient vehicles. In 2021, the market was valued at US$ 4.03 Bn and is projected to grow at a CAGR of 2.98% from 2022 to 2029, reaching US$ 5.10 Bn by the end of the forecast period.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's active grille shutter market is expanding due to the increasing adoption of advanced automotive technologies. Partnerships between local manufacturers and global players, such as ๐•๐ข๐ง๐…๐š๐ฌ๐ญ collaborating with leading suppliers, have bolstered the demand for active grille shutters.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/18585/

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's automotive industry, a key hub in Southeast Asia, is embracing active grille shutters for improved vehicle efficiency. Companies like ๐“๐จ๐ฒ๐จ๐ญ๐š ๐Œ๐จ๐ญ๐จ๐ซ ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ are integrating these systems into their latest models. The market is expected to grow at a CAGR of 8.2%, supported by government incentives for eco-friendly vehicles and technological innovation.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan, known for its innovation in automotive technology, is leading advancements in active grille shutters. Key manufacturers like ๐ƒ๐ž๐ง๐ฌ๐จ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐€๐ข๐ฌ๐ข๐ง ๐’๐ž๐ข๐ค๐ข are investing in lightweight and adaptive shutter systems. In 2021, the market saw a 10% increase in adoption, largely driven by the country's push towards hybrid and electric vehicles.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's active grille shutter market is undergoing consolidation, with major companies like ๐’๐€๐ˆ๐‚ ๐Œ๐จ๐ญ๐จ๐ซ and ๐†๐ž๐ž๐ฅ๐ฒ ๐€๐ฎ๐ญ๐จ expanding their production capacities through partnerships. In 2024, the Chinese government's focus on reducing vehicle emissions is expected to drive the demand further. The market grew by 15% in 2021, reflecting the rise in electric vehicle production.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's active grille shutter market is evolving with the adoption of advanced manufacturing techniques. Companies like ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐Œ๐จ๐›๐ข๐ฌ are developing innovative systems to improve fuel efficiency and reduce CO2 emissions. In 2021, South Korea's market grew by 13%, supported by the increasing adoption of electric and hybrid vehicles.

๐„๐š๐ ๐ž๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/18585/

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's focus on smart transportation and sustainability is driving the adoption of active grille shutters. Partnerships between global automakers and local distributors, such as ๐‚๐จ๐ง๐ญ๐ข๐ง๐ž๐ง๐ญ๐š๐ฅ ๐€๐† working with regional partners, have boosted the market. In 2022, Singapore's market grew by 11%, reflecting its commitment to green mobility solutions.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US remains a leading market for active grille shutters, accounting for over 35% of global revenue in 2021. Companies like ๐Œ๐š๐ ๐ง๐š ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ and ๐•๐š๐ฅ๐ž๐จ are at the forefront of innovation, focusing on adaptive grille systems for SUVs and electric vehicles. Increasing fuel efficiency standards are key drivers of market growth.

๐€๐œ๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐ข๐ฅ๐ฅ๐ž ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's active grille shutter market is thriving, with countries like Germany, France, and the UK leading in the development of energy-efficient vehicles. Companies such as ๐‘๐จ๐›๐ž๐ซ๐ญ ๐๐จ๐ฌ๐œ๐ก ๐†๐ฆ๐›๐‡ and ๐•๐š๐ฅ๐ž๐จ are investing in advanced technologies to enhance aerodynamics and reduce emissions.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/18585/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ฒ๐ฉ๐ž

โ€ข Passenger Vehicle
โ€ข LCV
โ€ข M&HCV

During the forecast period, the worldwide automotive active grille shutter market is expected to continue to develop primarily due to passenger vehicles. The demand for AGS in the passenger vehicle segment is anticipated to rise as a result of increased passenger vehicle production and growing AGS penetration in passenger vehicle models.

๐›๐ฒ ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐ฏ๐š๐ง๐ž๐ฌ ๐“๐ฒ๐ฉ๐ž

โ€ข Horizontal AGS
โ€ข Vertical AGS

The automobile active grille shutter market is divided into two segments based on the kind of shutter vanes: Horizontal AGS and Vertical AGS. Over the course of the forecast period, the horizontal vane-based active grille shutter is expected to continue to hold the top spot in the worldwide automotive active grille shutter market. Over the coming years, both the vertical and horizontal vane segments should see robust growth rates.

๐›๐ฒ ๐’๐ก๐ฎ๐ญ๐ญ๐ž๐ซ ๐“๐ฒ๐ฉ๐ž

โ€ข Visible AGS
โ€ข Non-Visible AGS

๐›๐ฒ ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

โ€ข OEM
โ€ข Aftermarket

The automobile active grill shutter market can be divided into two segments based on the sales channel; the OEM segment holds the largest part of the market. Active grill shutters are made by a small number of large OEMs. OEMs equip high-end cars with active grill shutters to increase the vehicle's economy and efficiency.

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-active-grille-shutter-market/18585/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ€ข Rochling Automotive
โ€ข Magna International Inc.
โ€ข Valeo SA
โ€ข SRG Global
โ€ข HBPO
โ€ข Shape Corporation
โ€ข SONCEBOZ
โ€ข Batz
โ€ข S. Crop.
โ€ข Mirror Controls international
โ€ข Johnson Electric
โ€ข Brose
โ€ข Starlite Co. Ltd.
โ€ข Broze Fahrzeugteile GmbH
โ€ข Sonceboz SA,
โ€ข Standard Motor Products, Inc.
โ€ข Techniplas, LLC.
โ€ข Coburg
โ€ข Batz
โ€ข S. Crop.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Global EV Platform Market https://www.maximizemarketresearch.com/market-report/global-ev-platform-market/71099/

โ™ฆ Global Cloud Telephony Service Market https://www.maximizemarketresearch.com/market-report/global-cloud-telephony-service-market/26948/

โ™ฆ North America Smart Fleet Management Market https://www.maximizemarketresearch.com/market-report/north-america-smart-fleet-management-market/3139/

โ™ฆ Legal Technology Market https://www.maximizemarketresearch.com/market-report/legal-technology-market/215553/

โ™ฆ Wedding Services Market https://www.maximizemarketresearch.com/market-report/wedding-services-market/229647/

โ™ฆ Floriculture Market https://www.maximizemarketresearch.com/market-report/global-floriculture-market/23982/

โ™ฆ Global Washing Machine Market https://www.maximizemarketresearch.com/market-report/washing-machine-market/14800/

โ™ฆ Fruit Fillings Market https://www.maximizemarketresearch.com/market-report/fruit-fillings-market/198740/

โ™ฆ Diamond Core Drilling Market https://www.maximizemarketresearch.com/market-report/diamond-core-drilling-market/199099/

โ™ฆ Global Frozen Bakery Market https://www.maximizemarketresearch.com/market-report/global-frozen-bakery-market/23735/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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