Global Automotive Active Grille Shutter Market Size, Share & Trends Analysis Report, Forecast Period, 2023-2031
Report ID: MS-1718 | Automotive and Transport | Last updated: Sep, 2024 | Formats*:
Description
Table of content
Market Segments
The Automotive Active Grille Shutter market is experiencing robust expansion, with market size projected to increase from XX billion in 2024 to
xx billion by 2031, demonstrating a consistent year-over-year growth rate of 4.17%. Automotive Active Grille Shutter Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Passenger Car, Commercial Vehicle), And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2031
The active grille shutter market of the automotive industry includes the design, manufacture, and integration of systems that control the opening and closing of a vehicle's front grille. These shutters allow air into the engine compartment and modulate it to help achieve maximum cooling efficiency of the engine without drag these are all towards improving fuel economy, reducing emissions, and enhancing overall vehicle performance. This growth in the market is triggered by increased focus on fuel efficiency, reduction of emissions, and improved aerodynamics in the automotive industry. As every carmaker tries to meet the stringent standards of fuel economy and reduce environmental impacts, the active grille shutter is increasingly adopted.
Automotive Active Grille Shutter Report Highlights
| Report Metrics | Details |
|---|---|
| Forecast period | 2019-2031 |
| Base Year Of Estimation | 2023 |
| Growth Rate | CAGR of 4.17% |
| By Product Type | Passenger Car, Commercial Vehicle |
| Key Market Players |
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| By Region |
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Automotive Active Grille Shutter Market Trends
Development of active grille shutter technology coupled with other vehicle systems: Advanced vehicle systems like engine management and climate control are being integrated to provide maximum overall performance and efficiency. Better shutter and material designs: More efficient and durable shutter designs are being made by manufacturers using lightweight materials and advanced control mechanisms. Expanding applications: Active grille shutters, developed first for passenger vehicles, are now being applied to several other vehicle categories, such as commercial and electric vehicles. Cost reduction: It is perceived that with process improvements and economies of scale in manufacturing, the cost of the active grille shutter will go down to facilitate applications in more vehicle models. These trends make an increasing automotive active grille shutter market, as manufacturers look to improve the performance of vehicles while reducing emissions and increasing fuel efficiency.Automotive Active Grille Shutter Market Leading Players
The key players profiled in the report are Rochling Group, Brose Fahrzeugteile GmbH & Co. KG, Techniplas, SRG Global, Magna International Inc., Valeo, Aisin Seiki Co.Ltd, BATZ, Tong Yang Group, S.CoopGrowth Accelerators
The major driver in the active grille shutter market is the growing demand for fuel efficiency, emissions reduction, and improved aerodynamics in the automotive industry. With stricter fuel economy standards by various governments across the globe and increased consumer awareness about the environment, the urge for adopting innovative technologies that could enhance vehicle performance and reduce environmental impact gained momentum among car manufacturers. While providing practicality towards the optimisation of engine cooling and minimisation of aerodynamic drag, Active Grille Shutters come with a huge amount of fuel economy and reduced emissions. Besides, growth in adoption of advanced driver assistance systems and autonomous vehicles is calling for technologies that can enhance the efficiency and performance of any vehicle, further pushing the adoption of active grille shutters.Automotive Active Grille Shutter Market Segmentation analysis
The Global Automotive Active Grille Shutter is segmented by Type, and Region. By Type, the market is divided into Distributed Passenger Car, Commercial Vehicle . Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The active grille shutter market in the automotive industry presents a competitive environment with the existence of several companies that strive to capture market share. In the production and supply of active grille shutter systems, the established manufacturers of automotive components compete with the technology-orientated firms. The nature of this competition, in terms of product innovation and pricing, becomes very intensive. Those really important and affecting factors in market success are product quality, reliability, and integration degree with existing vehicle systems. In addition, collaborations between automotive manufacturers and component suppliers are also very important to make sure that active grille shutter technology is integrated into vehicles seamlessly.Challenges In Automotive Active Grille Shutter Market
Cost: Development and integration of active grille shutter systems increase the cost of the vehicle and hence may pass on an increased purchase price to the consumer. Complexity: Active grille shutters are complex in design, and to integrate them with vehicle systems calls for careful engineering and testing so that they can perform optimally with reliable service. Durability: Active grille shutters are exposed to environmental vagaries and repetitive actuations. They have to be resistant to mechanical failures or damage. Consumer Awareness: The market growth will be enhanced by raised awareness among consumers about the advantage active grille shutters lend to improving fuel efficiency and reducing emissions.Risks & Prospects in Automotive Active Grille Shutter Market
The automotive active grille shutter market has various opportunities where it can expand. Active grille shutters are one such tested technology that will help to improve fuel economy and reduce emissions, proving to be very vital technology for auto companies, considering that with the increasingly stringent setting of fuel economy standards by governments and public awareness of environmental factors, interest in fuel economy in vehicles is developing rapidly. Besides this, advancements in sensor technology and control systems drive the development of more sophisticated active grille shutter systems. They can adapt to a wide variety of driving conditions in order to optimise airflow, thus also ensuring better engine performance. Another huge potential is active grille shutters in terms of enhancing the range and efficiency of electric vehicles, which represent a correspondingly growing market.Key Target Audience
The target audience for the automotive active grille shutter market basically consists of automotive manufacturers and their suppliers. These are the stakeholders looking for innovative technologies aimed at improvement in fuel efficiency, reducing emissions, and enhancing overall vehicle performance. Moreover, active grille shutters are also interesting to the automotive OEMs since they need to install them into their vehicle models to take on strict emissions regulations and consumer demand for fuel-efficient vehicles.,, Additionally, the market also targets Tier 1 and Tier 2 suppliers involved in the automotive industry. The suppliers develop and manufacture vehicle parts, which include active grille shutter systems. Being on the front line in seeking advanced technologies for use in their machines, automotive manufacturers are engaged in the research, development, and production of the active grille shutter system.Merger and acquisition
With the growing demand for green, fuel-efficient vehicles, the automotive active grille shutter market witnessed a number of mergers and acquisitions in the recent past. Some of the notable mergers and acquisitions are: Acquisition by Valeo of the climate control business of Siemens VDO: This move consolidated Valeo's position as a leading supplier of automotive thermal management systems, including active grille shutters. The acquisition of Getrag increased Magna International's capacity in powertrain systems, including active grille shutters, further strengthening its leading position in the market for automotive components. Through these mergers and acquisitions, bigger and more diversified companies are created that have enhanced development and manufacturing capabilities in advanced automotive technologies like active grille shutters.Table of content
1: Introduction
2: Executive Summary
3: Market Overview
4: Automotive Active Grille Shutter Market by Type
5: Automotive Active Grille Shutter Market by Vane Type
6: Automotive Active Grille Shutter Market by Region
8: Company Profiles
9: Analyst Perspective and Conclusion
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Automotive Active Grille Shutter- Snapshot
- 2.2 Automotive Active Grille Shutter- Segment Snapshot
- 2.3 Automotive Active Grille Shutter- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Automotive Active Grille Shutter Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Passenger Car
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Commercial Vehicle
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: Automotive Active Grille Shutter Market by Vane Type
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Horizontal Vane Type
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Vertical Vane Type
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Automotive Active Grille Shutter Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 Rochling Group
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Brose Fahrzeugteile GmbH & Co. KG
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Techniplas
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 SRG Global
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Magna International Inc.
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 Valeo
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Aisin Seiki Co.Ltd
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 BATZ
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Tong Yang Group
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 S.Coop
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
| Aspects | Details |
|---|---|
By Type |
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By Vane Type |
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Report Licenses
$3200
$4500
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Frequently Asked Questions (FAQ):
Which type of Automotive Active Grille Shutter is widely popular?
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Passenger Car
What is the growth rate of Automotive Active Grille Shutter Market?
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The Automotive Active Grille Shutter Market is growing at a CAGR of 4.17% over the forecasted period 2023 - 2031.
What are the latest trends influencing the Automotive Active Grille Shutter Market?
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The latest trends influencing the Automotive Active Grille Shutter market include the adoption of advanced technologies, increasing focus on sustainability, and a shift towards personalized solutions. Additionally, digital transformation and automation are playing significant roles in shaping the market
Who are the key players in the Automotive Active Grille Shutter Market?
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Valeo, Techniplas, Brose Fahrzeugteile GmbH & Co. KG, SRG Global, Rochling Group, Tong Yang Group, Magna International Inc., Aisin Seiki Co.Ltd, BATZ, S.Coop are among the key players in the Automotive Active Grille Shutter market
How is the Automotive Active Grille Shutter } industry progressing in scaling its end-use implementations?
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Research paper of Global Automotive Active Grille Shutter Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as .
What product types are analyzed in the Automotive Active Grille Shutter Market Study?
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The Global Automotive Active Grille Shutter Market Study is categorized by product types, including Passenger Car, Commercial Vehicle
What geographic breakdown is available in Global Automotive Active Grille Shutter Market Study?
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The Global Automotive Active Grille Shutter Market Study includes regional breakdown as North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)
Which region holds the second position by market share in the Automotive Active Grille Shutter market?
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The Europe region has seen the second-highest market share in 2023 for the Global Automotive Active Grille Shutter market
How are the key players in the Automotive Active Grille Shutter market targeting growth in the future?
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The leaders in the Global Automotive Active Grille Shutter market, such as , are focusing on innovative and differentiated growth drivers. Some of these include:The major driver in the active grille shutter market is the growing demand for fuel efficiency, emissions reduction, and improved aerodynamics in the automotive industry. With stricter fuel economy standards by various governments across the globe and increased consumer awareness about the environment, the urge for adopting innovative technologies that could enhance vehicle performance and reduce environmental impact gained momentum among car manufacturers.,, While providing practicality towards the optimisation of engine cooling and minimisation of aerodynamic drag, Active Grille Shutters come with a huge amount of fuel economy and reduced emissions. Besides, growth in adoption of advanced driver assistance systems and autonomous vehicles is calling for technologies that can enhance the efficiency and performance of any vehicle, further pushing the adoption of active grille shutters.
What are the opportunities for new entrants in the Automotive Active Grille Shutter market?
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Opportunities for new entrants in the Automotive Active Grille Shutter market include the development of innovative products, leveraging advanced technologies, targeting niche markets, and forming strategic partnerships. New entrants can also capitalize on emerging trends and unmet consumer needs
