Automotive Active Grille Shutter Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Active Grille Shutter Market Report: Trends, Forecast and Competitive Analysis to 2030

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. Sample figures with some insights are shown below.

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

Lucintel 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.

FAQ

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

Q6. Which automotive active grille shutter market segment will be the largest in future?

Answer: Lucintel 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, Lucintel 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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