Automotive aerodynamic systems were increasingly used in racing to lower the drag and raise downforce to offer better efficiency. This technology was also adopted in the production vehicles that assisted in raising the fuel efficiency and lower emissions levels. Active grille shutter provides increased assistance in cutting off extra weight. The active grille shutter is manufactured from lightweight materials, such as low-weight reinforced thermoplastics (LWRT) resulting in reduction of around 20% in weight and an improvement in the aerodynamic performance of about 30%. Moreover, the active grille shutter operations such as opening and closing is controlled according to the instructions sent from the engine ECU system.
The rising demand for shape memory alloys (SMA) is one of the key trends that will contribute to the market growth in the forthcoming years. The emergence of SMA was an advantage for the automotiveindustry as a typical vehicle comprises of more than 200 moving parts and substituting them with SMA will give rise to lower curb weight of the vehicle. This will result in better fuel efficiency and reduce emissions.
The automotive active grille shutter market consists of few number of vendors. The adoption rate is likely to increase over the forecast period due to the rising demand for better fuel efficiency and lower emissions. Stringent emission norms that will compel OEMs to equip their vehicles with active grille shutters to comply with the norms, will offer growth opportunities to the vendors in this automotive grille shutter market.
Global Automotive Active Grille Shutter market size will reach 4130 million US$ by 2025, from 3590 million US$ in 2018, at a CAGR of 2.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Active Grille Shutter.
This industry study presents the global Automotive Active Grille Shutter market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Active Grille Shutter production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Active Grille Shutter in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Valeo, Magna, etc.
The following manufacturers are covered in this report:
Valeo
Magna
Rochling
Brose
Johnson Electric
SRG Global
Mirror Controls international
Sonceboz
Automotive Active Grille Shutter Breakdown Data by Type
Polyester
Polypropylene (PP)
Polycarbonate (PC)
Other
Automotive Active Grille Shutter Breakdown Data by Application
Passenger Cars
Commercial Vehicles
Automotive Active Grille Shutter Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Active Grille Shutter Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Active Grille Shutter status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Active Grille Shutter manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Active Grille Shutter :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Meters). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Active Grille Shutter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive Active Grille Shutter . Industry analysis & Market Report on Automotive Active Grille Shutter is a syndicated market report, published as Global Automotive Active Grille Shutter Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automotive Active Grille Shutter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.