Automotive Active Grille Shutter Trends and Forecast
The future of the global automotive active grille shutter market looks promising with opportunities in the passenger car, light commercial vehicle (LCV), and heavy commercial vehicle markets. The global automotive active grille shutter market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are growth in the market for fuel-efficient cars, manufacturers' focus on designing aerodynamic car bodies to cut down on air resistance, and stricter regulations on vehicle emissions.A more than 150-page report is developed to help in your business decisions.
Automotive Active Grille Shutter by Segment
The study includes a forecast for the global automotive active grille shutter by shutter vanes type, shutter type, vehicle type, and region.Automotive Active Grille Shutter Market by Shutter Vanes Type [Shipment Analysis by Value from 2018 to 2030]:
- Horizontal AGS
- Vertical AGS
Automotive Active Grille Shutter Market by Shutter Type [Shipment Analysis by Value from 2018 to 2030]:
- Visible AGS
- Non-Visible AGS
Automotive Active Grille Shutter Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle
Automotive Active Grille Shutter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive Active Grille Shutter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive active grille shutter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive active grille shutter companies profiled in this report include-- Rochling
- Valeo
- Magna
- SRG Global
- Batz
- S.Coop
- HBPO
- Techniplas
- Brose Fahrzeugteile
- Coburg
Automotive Active Grille Shutter Market Insights
The report forecasts that vertical AGS is expected to witness the higher growth over the forecast period due to improved performance/tuning capability and rising preference for high-end automobiles owing to their high aesthetic values.APAC is expected to witness highest growth over the forecast period due to rapid increase in automotive industry in this region.
Features of the Global Automotive Active Grille Shutter Market
- Market Size Estimates: Automotive active grille shutter market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automotive active grille shutter market size by shutter vanes type, shutter type, vehicle type, and region in terms of value ($B).
- Regional Analysis: Automotive active grille shutter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different shutter vanes type, shutter type, vehicle type, and regions for the automotive active grille shutter market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive active grille shutter market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the automotive active grille shutter market size?Answer: The global automotive active grille shutter market is expected to reach an estimated $2.0 billion by 2030.
Q2. What is the growth forecast for automotive active grille shutter market?
Answer: The global automotive active grille shutter market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive active grille shutter market?
Answer: The major drivers for this market are growth in the market for fuel-efficient cars, manufacturers' focus on designing aerodynamic car bodies to cut down on air resistance, and stricter regulations on vehicle emissions.
Q4. What are the major segments for automotive active grille shutter market?
Answer: The future of the global automotive active grille shutter market looks promising with opportunities in the passenger car, light commercial vehicle (LCV), and heavy commercial vehicle markets.
Q5. Who are the key automotive active grille shutter market companies?
Answer: Some of the key automotive active grille shutter companies are as follows:
- Rochling
- Valeo
- Magna
- SRG Global
- Batz
- S.Coop
- HBPO
- Techniplas
- Brose Fahrzeugteile
- Coburg
Answer: The report forecasts that vertical AGS is expected to witness the higher growth over the forecast period due to improved performance/tuning capability and rising preference for high-end automobiles owing to their high aesthetic values.
Q7. In automotive active grille shutter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid increase in automotive industry in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive active grille shutter market by shutter vanes type (horizontal AGS and vertical AGS), shutter type (visible AGS and non-visible AGS), vehicle type (passenger car, light commercial vehicle (LCV), and heavy commercial vehicle ), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Automotive Active Grille Shutter Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Rochling
- Valeo
- Magna
- SRG Global
- Batz
- S.Coop
- HBPO
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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