According to the report by Expert Market Research (EMR), the global automotive active grille shutter system market size is projected to grow at a CAGR of 3.90% between 2024 and 2032. Aided by the escalating demand for fuel-efficient vehicles and stringent emission regulations, the market is expected to grow significantly by 2032.
An automotive active grille shutter is a technologically advanced system designed to improve a vehicle’s aerodynamics. It consists of adjustable vanes that can open and close automatically, thereby controlling airflow to the engine. When closed, these shutters reduce aerodynamic drag, improving fuel efficiency and reducing emissions. They are particularly effective at higher speeds, where aerodynamic drag is a significant factor in fuel consumption.
The primary driver of the automotive active grille shutter system market growth is the increasing emphasis on fuel efficiency and emission control. With rising fuel prices and growing environmental concerns, there is a heightened demand for technologies that can enhance vehicle performance while minimising environmental impact.
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Stringent emission regulations across the globe are compelling automotive manufacturers to adopt advanced technologies like active grille shutters. These systems are becoming essential in meeting the regulatory standards set by governments worldwide, thereby driving their demand in the automotive sector.
Advancements in automotive technology, including the integration of active grille shutters with vehicle control systems, are propelling the automotive active grille shutter system market demand. Innovations that allow for better control, durability, and reliability of these systems are making them increasingly attractive to both manufacturers and consumers.
The rise in electric vehicle (EV) production presents a substantial opportunity for the active grille shutter market. EVs benefit significantly from improved aerodynamics for range efficiency, making active grille shutters a critical component for these vehicles.
Geographically, North America, holds a significant portion of the automotive active grille shutter system market share. The market is driven by stringent emission norms and a high rate of technological adoption. The U.S., with its vast automotive industry, is a significant contributor to market growth in this region.
The Asia Pacific region, led by China and India, is rapidly adopting advanced automotive technologies. The growing automotive production, coupled with increasing environmental awareness, is driving the active grille shutter market in this region.
Automotive Active Grille Shutter System Market Segmentation
The market can be divided based on vehicle, vane, shutter, sales channel, and region.
Market Breakup by Vehicle
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Market Breakup by Vane
- Horizontal Active Grille Shutters
- Vertical Active Grille Shutters
Market Breakup by Shutter
- Visible Active Grille Shutters
- Non-Visible Active Grille Shutters
Market Breakup by Sales Channel
- OEMs
- Aftermarket
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Automotive Active Grille Shutter System Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automotive active grille shutter system market. Some of the major players explored in the report by Expert Market Research are as follows:
- Röchling SE & Co. KG
- Techniplas Group
- Magna International Inc.
- Valeo
- SRG Global Inc.
- HBPO GMBH
- Shape Corp.
- Others
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