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Automotive Active Grille Shutter-Global Market Insights and Sales Trends 2024
Synopsis
Automotive 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 global Automotive Active Grille Shutter market size is expected to reach US$ 4127.2 million by 2029, growing at a CAGR of 2.0% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Active Grille Shutter in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Active Grille Shutter market. Polyester, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polypropylene (PP) segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Active Grille Shutter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Active Grille Shutter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Active Grille Shutter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Active Grille Shutter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Active Grille Shutter covered in this report include Valeo, Magna, Rochling, Brose, Johnson Electric, SRG Global, Mirror Controls International and Sonceboz, etc.
The global Automotive Active Grille Shutter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Valeo
Magna
Rochling
Brose
Johnson Electric
SRG Global
Mirror Controls International
Sonceboz
Global Automotive Active Grille Shutter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Active Grille Shutter market, Segment by Type:
Polyester
Polypropylene (PP)
Polycarbonate (PC)
Other
Global Automotive Active Grille Shutter market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Active Grille Shutter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Active Grille Shutter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive 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 global Automotive Active Grille Shutter market size is expected to reach US$ 4127.2 million by 2029, growing at a CAGR of 2.0% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Active Grille Shutter in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Automotive Active Grille Shutter market. Polyester, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polypropylene (PP) segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Active Grille Shutter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Active Grille Shutter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Active Grille Shutter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Active Grille Shutter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Active Grille Shutter covered in this report include Valeo, Magna, Rochling, Brose, Johnson Electric, SRG Global, Mirror Controls International and Sonceboz, etc.
The global Automotive Active Grille Shutter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Valeo
Magna
Rochling
Brose
Johnson Electric
SRG Global
Mirror Controls International
Sonceboz
Global Automotive Active Grille Shutter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Active Grille Shutter market, Segment by Type:
Polyester
Polypropylene (PP)
Polycarbonate (PC)
Other
Global Automotive Active Grille Shutter market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Active Grille Shutter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Active Grille Shutter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Active Grille Shutter Market Overview
1.1 Automotive Active Grille Shutter Product Overview
1.2 Automotive Active Grille Shutter Market Segment by Type
1.2.1 Polyester
1.2.2 Polypropylene (PP)
1.2.3 Polycarbonate (PC)
1.2.4 Other
1.3 Global Automotive Active Grille Shutter Market Size by Type
1.3.1 Global Automotive Active Grille Shutter Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Active Grille Shutter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Active Grille Shutter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Active Grille Shutter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Active Grille Shutter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Active Grille Shutter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Active Grille Shutter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Active Grille Shutter Sales Breakdown by Type (2018-2023)
2 Global Automotive Active Grille Shutter Market Competition by Company
2.1 Global Top Players by Automotive Active Grille Shutter Sales (2018-2023)
2.2 Global Top Players by Automotive Active Grille Shutter Revenue (2018-2023)
2.3 Global Top Players by Automotive Active Grille Shutter Price (2018-2023)
2.4 Global Top Manufacturers Automotive Active Grille Shutter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Active Grille Shutter Market Competitive Situation and Trends
2.5.1 Automotive Active Grille Shutter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Active Grille Shutter Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Active Grille Shutter as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Active Grille Shutter Market
2.8 Key Manufacturers Automotive Active Grille Shutter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Active Grille Shutter Status and Outlook by Region
3.1 Global Automotive Active Grille Shutter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Active Grille Shutter Historic Market Size by Region
3.2.1 Global Automotive Active Grille Shutter Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Active Grille Shutter Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Active Grille Shutter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Active Grille Shutter Forecasted Market Size by Region
3.3.1 Global Automotive Active Grille Shutter Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Active Grille Shutter Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Active Grille Shutter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Active Grille Shutter by Application
4.1 Automotive Active Grille Shutter Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commercial Vehicles
4.2 Global Automotive Active Grille Shutter Market Size by Application
4.2.1 Global Automotive Active Grille Shutter Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Active Grille Shutter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Active Grille Shutter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Active Grille Shutter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Active Grille Shutter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Active Grille Shutter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Active Grille Shutter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Active Grille Shutter Sales Breakdown by Application (2018-2023)
5 North America Automotive Active Grille Shutter by Country
5.1 North America Automotive Active Grille Shutter Historic Market Size by Country
5.1.1 North America Automotive Active Grille Shutter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Active Grille Shutter Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Active Grille Shutter Sales in Value by Country (2018-2023)
5.2 North America Automotive Active Grille Shutter Forecasted Market Size by Country
5.2.1 North America Automotive Active Grille Shutter Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Active Grille Shutter Sales in Value by Country (2024-2029)
6 Europe Automotive Active Grille Shutter by Country
6.1 Europe Automotive Active Grille Shutter Historic Market Size by Country
6.1.1 Europe Automotive Active Grille Shutter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Active Grille Shutter Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Active Grille Shutter Sales in Value by Country (2018-2023)
6.2 Europe Automotive Active Grille Shutter Forecasted Market Size by Country
6.2.1 Europe Automotive Active Grille Shutter Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Active Grille Shutter Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Active Grille Shutter by Region
7.1 Asia-Pacific Automotive Active Grille Shutter Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Active Grille Shutter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Active Grille Shutter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Active Grille Shutter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Active Grille Shutter Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Active Grille Shutter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Active Grille Shutter Sales in Value by Region (2024-2029)
8 Latin America Automotive Active Grille Shutter by Country
8.1 Latin America Automotive Active Grille Shutter Historic Market Size by Country
8.1.1 Latin America Automotive Active Grille Shutter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Active Grille Shutter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Active Grille Shutter Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Active Grille Shutter Forecasted Market Size by Country
8.2.1 Latin America Automotive Active Grille Shutter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Active Grille Shutter Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Active Grille Shutter by Country
9.1 Middle East and Africa Automotive Active Grille Shutter Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Active Grille Shutter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Active Grille Shutter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Active Grille Shutter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Active Grille Shutter Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Active Grille Shutter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Active Grille Shutter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Valeo
10.1.1 Valeo Company Information
10.1.2 Valeo Introduction and Business Overview
10.1.3 Valeo Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Valeo Automotive Active Grille Shutter Products Offered
10.1.5 Valeo Recent Development
10.2 Magna
10.2.1 Magna Company Information
10.2.2 Magna Introduction and Business Overview
10.2.3 Magna Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Magna Automotive Active Grille Shutter Products Offered
10.2.5 Magna Recent Development
10.3 Rochling
10.3.1 Rochling Company Information
10.3.2 Rochling Introduction and Business Overview
10.3.3 Rochling Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rochling Automotive Active Grille Shutter Products Offered
10.3.5 Rochling Recent Development
10.4 Brose
10.4.1 Brose Company Information
10.4.2 Brose Introduction and Business Overview
10.4.3 Brose Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Brose Automotive Active Grille Shutter Products Offered
10.4.5 Brose Recent Development
10.5 Johnson Electric
10.5.1 Johnson Electric Company Information
10.5.2 Johnson Electric Introduction and Business Overview
10.5.3 Johnson Electric Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnson Electric Automotive Active Grille Shutter Products Offered
10.5.5 Johnson Electric Recent Development
10.6 SRG Global
10.6.1 SRG Global Company Information
10.6.2 SRG Global Introduction and Business Overview
10.6.3 SRG Global Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SRG Global Automotive Active Grille Shutter Products Offered
10.6.5 SRG Global Recent Development
10.7 Mirror Controls International
10.7.1 Mirror Controls International Company Information
10.7.2 Mirror Controls International Introduction and Business Overview
10.7.3 Mirror Controls International Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mirror Controls International Automotive Active Grille Shutter Products Offered
10.7.5 Mirror Controls International Recent Development
10.8 Sonceboz
10.8.1 Sonceboz Company Information
10.8.2 Sonceboz Introduction and Business Overview
10.8.3 Sonceboz Automotive Active Grille Shutter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sonceboz Automotive Active Grille Shutter Products Offered
10.8.5 Sonceboz Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Active Grille Shutter Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Active Grille Shutter Industrial Chain Analysis
11.4 Automotive Active Grille Shutter Market Dynamics
11.4.1 Automotive Active Grille Shutter Industry Trends
11.4.2 Automotive Active Grille Shutter Market Drivers
11.4.3 Automotive Active Grille Shutter Market Challenges
11.4.4 Automotive Active Grille Shutter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Active Grille Shutter Distributors
12.3 Automotive Active Grille Shutter Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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