Middle East & Africa Active Grille Shutter Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Propulsion Type [ICE (Internal Combustion Engine) and Electric], Vane Type (Horizontal and Vertical), Vehicle Type [Passenger Vehicles, LCV (Light Commercial Vehicles) and HCV (Heavy Commercial Vehicles)]
The active grille shutter market in Middle East & Africa is expected to grow from US$ 33.04 million in 2022 to US$ 39.21 million by 2028. It is estimated to grow at a CAGR of 2.9% from 2022 to 2028.
Broadening demand of AGS for super sport car or premium cars
Automakers are opening new manufacturing sites or moving existing ones in growing automotive markets to meet the growing demand for active grille shutter products that are to be required in sports cars or premium cars. Automakers are concentrating on enhancing the quality of these shutters to produce more effective products for luxury and sports cars. These players are expected to benefit from the high-performing and durable items in terms of revenue collection. For instance, the Type 132 sports SUV from Lotus was unveiled in 2021 with an active grille shutter system. Type 132 sports SUV is 1 of the 3 premium electric vehicles planned to be launched by Lotus. The airflow into the cooling radiators of the vehicle is controlled by AGS, which, when closed, the shutters provide smoother airflow and, ultimately, improve overall efficiency.
Market Overview
The active grille shutter market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The UAE is one of the advanced countries in the region, and its government focuses on taking advantage of technologically advanced solutions. The active grille shutter market in Middle East is presently seeing moderate growth. Commercialization and industrialization are predicted to accelerate across the region in the coming years, boosting the expansion of automotive industry.
Middle East & Africa active grille Shutter Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa active grille Shutter Market Segmentation
The Middle East & Africa active grille shutter market is segmented into propulsion type, vane type, vehicle type, and country.
Based on propulsion type, the market is sub segmented into ICE and electric. The ICE segment registered the largest market share in 2022.
Based on vane type, the market is segmented into horizontal and vertical. The horizontal segment held a larger market share in 2022.
Based on vehicle type, the market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicles segment held the largest market share in 2022.
Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. Saudi Arabia dominated the market share in 2022.
Valeo SA; HBPO GmbH; Magna International Inc.; TECHNIPLAS US LLC; and WIRTHWEIN AG are the leading companies operating in the Middle East & Africa active grille shutter market in the region.
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