Global Active Grille Shutter Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Active Grille Shutter Market is presumed to reach the market size of nearly USD 4.56 Billion by 2032 from USD 2.07 Billion in 2023 with a CAGR of 9.14% under the study period 2024 - 2032.

An active grille shutter is a vehicle aerodynamic feature designed to improve fuel efficiency and reduce aerodynamic drag by controlling the airflow through the grille opening of a vehicle. The grille shutter system consists of movable vanes or louvers located behind the grille, which can open or close automatically based on factors such as vehicle speed, engine temperature, and ambient conditions. By adjusting the airflow, active grille shutters help optimize engine cooling, reduce wind resistance, and enhance overall vehicle aerodynamics, improving fuel economy and reducing emissions. This technology is commonly employed in modern vehicles, particularly those with turbocharged engines or hybrid powertrains, to enhance efficiency and performance.

MARKET DYNAMICS

Increasing focus on vehicle fuel efficiency and emissions reduction, spurred by regulatory mandates and consumer demand for environmentally friendly vehicles, drives market demand for active grille shutter systems. These systems improve aerodynamic performance by automatically opening and closing grille shutters to optimize airflow and reduce drag, enhancing fuel economy and reducing CO2 emissions. Additionally, automotive engineering and design advancements, including integrating active grille shutter systems into vehicle platforms, are driving market adoption. Furthermore, the increasing trend of vehicle electrification and the adoption of electric powertrains drive the need for aerodynamic enhancements to maximize driving range and efficiency, further fueling market growth. Furthermore, the growing adoption of advanced driver assistance systems (ADAS) and vehicle connectivity technologies is driving the integration of active grille shutter systems with vehicle control systems, enhancing their functionality and performance. Additionally, consumer preferences for sleek and aerodynamic vehicle designs and the growing demand for premium features and comfort amenities are driving market opportunities for manufacturers. Moreover, partnerships and collaborations between automotive OEMs and technology suppliers to develop innovative grille shutter solutions drive market innovation and competitiveness. However, regulatory constraints on vehicle emissions, technological limitations in aerodynamics, and changing consumer preferences for electric vehicles are hindering market growth.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of active grille shutter. The growth and trends of Active Grille Shutter Industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the active grille shutter market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Shutter Type

Visible
Non-Visible

By Vane Type

Vertical
Horizontal

By Vehicle Type

Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

By Sales Channel

Original Equipment Manufacturer
Aftermarket

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Active Grille Shutter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the active grille shutter market include Rochling SE & Co. KG, Valeo, Magna International Inc., SRG Global, Batz Group, Plastic Omnium, Techniplas, LLC, Brose Fahrzeugteile GmbH & Co. KG, Coburg, Tong Yang Group, Keboda, Starlite, Aisin Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112114062

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . ACTIVE GRILLE SHUTTER - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Shutter Type
- 3.7.2 Market Attractiveness Analysis By Vane Type
- 3.7.3 Market Attractiveness Analysis By Vehicle Type
- 3.7.4 Market Attractiveness Analysis By Sales Channel
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL ACTIVE GRILLE SHUTTER MARKET ANALYSIS BY SHUTTER TYPE

5.1 Overview by Shutter Type
5.2 Historical and Forecast Data
5.3 Analysis by Shutter Type
5.4 Visible Historic and Forecast Sales by Regions
5.5 Non-visible Historic and Forecast Sales by Regions

6 . GLOBAL ACTIVE GRILLE SHUTTER MARKET ANALYSIS BY VANE TYPE

6.1 Overview by Vane Type
6.2 Historical and Forecast Data
6.3 Analysis by Vane Type
6.4 Vertical Historic and Forecast Sales by Regions
6.5 Horizontal Historic and Forecast Sales by Regions

7 . GLOBAL ACTIVE GRILLE SHUTTER MARKET ANALYSIS BY VEHICLE TYPE

7.1 Overview by Vehicle Type
7.2 Historical and Forecast Data
7.3 Analysis by Vehicle Type
7.4 Passenger Vehicle Historic and Forecast Sales by Regions
7.5 Light Commercial Vehicle Historic and Forecast Sales by Regions
7.6 Heavy Commercial Vehicle Historic and Forecast Sales by Regions

8 . GLOBAL ACTIVE GRILLE SHUTTER MARKET ANALYSIS BY SALES CHANNEL

8.1 Overview by Sales Channel
8.2 Historical and Forecast Data
8.3 Analysis by Sales Channel
8.4 Original Equipment Manufacturer Historic and Forecast Sales by Regions
8.5 Aftermarket Historic and Forecast Sales by Regions

9 . GLOBAL ACTIVE GRILLE SHUTTER MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. South East Asia Sales Analysis
- 9.5.10. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis

10 . COMPETITIVE LANDSCAPE OF THE ACTIVE GRILLE SHUTTER COMPANIES

10.1. Active Grille Shutter Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11 . COMPANY PROFILES OF ACTIVE GRILLE SHUTTER INDUSTRY

11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Rochling SE & Co. KG
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
11.4. Valeo
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
11.5. Magna International Inc.
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
11.6. SRG Global
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
11.7. Batz Group
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
11.8. Plastic Omnium
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
11.9. Techniplas LLC
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
11.10. Brose Fahrzeugteile GmbH & Co. KG
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
11.11. Coburg
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
11.12. Tong Yang Group
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments
11.13. Keboda
- 11.13.1. Company Overview
- 11.13.2. Company Revenue
- 11.13.3. Products
- 11.13.4. Recent Developments
11.14. Starlite
- 11.14.1. Company Overview
- 11.14.2. Company Revenue
- 11.14.3. Products
- 11.14.4. Recent Developments
11.15. Aisin Corporation
- 11.15.1. Company Overview
- 11.15.2. Company Revenue
- 11.15.3. Products
- 11.15.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies