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

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.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

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 𝐕𝐢𝐧𝐅𝐚𝐬𝐭 collaborating with leading suppliers, have bolstered the demand for active grille shutters.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰:https://www.maximizemarketresearch.com/request-sample/18585/

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's automotive industry, a key hub in Southeast Asia, is embracing active grille shutters for improved vehicle efficiency. Companies like 𝐓𝐨𝐲𝐨𝐭𝐚 𝐌𝐨𝐭𝐨𝐫 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 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.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan, known for its innovation in automotive technology, is leading advancements in active grille shutters. Key manufacturers like 𝐃𝐞𝐧𝐬𝐨 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 and 𝐀𝐢𝐬𝐢𝐧 𝐒𝐞𝐢𝐤𝐢 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.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚

China's active grille shutter market is undergoing consolidation, with major companies like 𝐒𝐀𝐈𝐂 𝐌𝐨𝐭𝐨𝐫 and 𝐆𝐞𝐞𝐥𝐲 𝐀𝐮𝐭𝐨 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.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's active grille shutter market is evolving with the adoption of advanced manufacturing techniques. Companies like 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐌𝐨𝐛𝐢𝐬 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.

𝐄𝐚𝐠𝐞𝐫 𝐭𝐨 𝐝𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐰𝐡𝐚𝐭'𝐬 𝐰𝐢𝐭𝐡𝐢𝐧? 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨𝐝𝐚𝐲: https://www.maximizemarketresearch.com/request-sample/18585/

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

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 𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐆 working with regional partners, have boosted the market. In 2022, Singapore's market grew by 11%, reflecting its commitment to green mobility solutions.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The US remains a leading market for active grille shutters, accounting for over 35% of global revenue in 2021. Companies like 𝐌𝐚𝐠𝐧𝐚 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 and 𝐕𝐚𝐥𝐞𝐨 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.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐆𝐫𝐢𝐥𝐥𝐞 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

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 𝐑𝐨𝐛𝐞𝐫𝐭 𝐁𝐨𝐬𝐜𝐡 𝐆𝐦𝐛𝐇 and 𝐕𝐚𝐥𝐞𝐨 are investing in advanced technologies to enhance aerodynamics and reduce emissions.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/18585/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐛𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞

• Passenger Vehicle
• LCV
• 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.

𝐛𝐲 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐯𝐚𝐧𝐞𝐬 𝐓𝐲𝐩𝐞

• Horizontal AGS
• 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.

𝐛𝐲 𝐒𝐡𝐮𝐭𝐭𝐞𝐫 𝐓𝐲𝐩𝐞

• Visible AGS
• Non-Visible AGS

𝐛𝐲 𝐒𝐚𝐥𝐞𝐬 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

• OEM
• 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.

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/global-active-grille-shutter-market/18585/

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

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

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