TABLE OF CONTENTS 1 INDUSTRY OVERVIEW 1.1 Automotive Active Grille Shutter Systems Industry 1.1.1 Automotive Active Grille Shutter Systems Overview 1.1.2 Terminology Definition in the Report 1.1.2.1 Capacity 1.1.2.2 Sales Volume 1.1.2.3 Sales Revenue 1.1.2.4 Ex-factory Price & Sales Price 1.1.2.5 Cost 1.1.2.6 Gross Margin 1.2 Products & Services Overview Scope 1.3 Automotive Active Grille Shutter Systems in the Industry Chain 1.4 Industry Dynamics & Regulations 1.5 Global Market Overview 2 UPSTREAM & MANUFACTURING 2.1 Raw Materials / Components 2.2 Procurement Methods & Channels 2.3 Cost Structure & Manufacturing 2.4 Industry Capacity Overview 2.5 Production Distribution by Geography 2.5.1 Production in Major Regions / Countries 2.5.2 Trade Flow Overview 3 PRODUCT SEGMENT 3.1 Product Segmentation Market (2017 to 2021E) 3.1.1 By Vane Shape Market 3.1.2 Horizontal Vanes Market 3.1.3 Vertical Vanes Market 3.1.4 By Grille Shape Market 3.1.5 Non-Visible Active Grille Shutters Market 3.1.6 Visible Active Grille Shutters Market 3.2 Market Status 4 APPLICATION / END-USE SEGMENT 4.1 Application Segmentation Market (2016 to 2021E) 4.1.1 Passenger Vehicles Market 4.1.2 Commercial Vehicles Market 4.2 Market Status 5 NORTH AMERICA 5.1 North America Market Growth 5.2 North America Market by Countries 5.3 Major Countries Market Growth 5.3.1 United States Market Size and Growth (2016-2021E) 5.3.2 Canada Market Size and Growth (2016-2021E) 5.3.3 Mexico Market Size and Growth (2016-2021E) 6 EUROPE 6.1 Europe Market Growth 6.2 Europe Market by Countries 6.3 Major Countries Market Growth 6.3.1 Germany Market Size and Growth (2016-2021E) 6.3.2 UK Market Size and Growth (2016-2021E) 6.3.3 France Market Size and Growth (2016-2021E) 6.3.4 Russia Market Size and Growth (2016-2021E) 6.3.5 Italy Market Size and Growth (2016-2021E) 6.3.6 Rest of Europe Market Size and Growth (2016-2021E) 7 ASIA-PACIFIC 7.1 ASIA-PACIFIC Market Growth 7.2 ASIA-PACIFIC Market by Countries 7.3 Major Countries Market Growth 7.3.1 China Market Size and Growth (2016-2021E) 7.3.2 India Market Size and Growth (2016-2021E) 7.3.3 Japan Market Size and Growth (2016-2021E) 7.3.4 South Korea Market Size and Growth (2016-2021E) 7.3.5 Southeast Asia Market Size and Growth (2016-2021E) 7.3.6 Australia Market Size and Growth (2016-2021E) 7.3.7 Rest of Asia Pacific Market Size and Growth (2016-2021E) 8 SOUTH AMERICA 8.1 South America Market Growth 8.2 South America Market by Countries 8.3 Major Countries Market Growth 8.3.1 Brazil Market Size and Growth (2016-2021E) 8.3.2 Argentina Market Size and Growth (2016-2021E) 8.3.3 Rest of South America Market Size and Growth (2016-2021E) 9 MIDDLE EAST & AFRICA 9.1 Middle East and Africa Market Growth 9.2 Middle East and Africa Market by Countries 9.3 Major Countries Market Growth 9.3.1 GCC Market Size and Growth (2016-2021E) 9.3.2 North Africa Market Size and Growth (2016-2021E) 9.3.3 South Africa Market Size and Growth (2016-2021E) 9.3.4 Rest of Middle East & Africa Market Size and Growth (2016-2021E) 10 MARKET FORECAST 10.1 Global Market Forecast Overview 10.2 Global Market Forecast by Type 10.3 Global Market Forecast by Application / End-Use 10.4 Global Market Forecast by Region 11 COMPETITION OF MAJOR PLAYERS 11.1 Magna International (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.1.1 Magna International Profile 11.1.2 Magna International Products & Services Overview 11.1.3 Magna International Main Business 11.1.4 Magna International Business Operation 11.2 Valeo (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.2.1 Valeo Profile 11.2.2 Valeo Products & Services 11.2.3 Valeo Main Business 11.2.4 Valeo Business Operation 11.3 SRG Global (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.3.1 SRG Global Profile 11.3.2 SRG Global Products & Services 11.3.3 SRG Global Main Business 11.3.4 SRG Global Business Operation 11.4 Rochling Group (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.4.1 Rochling Group Profile 11.4.2 Rochling Group Products & Services 11.4.3 Rochling Group Main Business 11.4.4 Rochling Group Business Operation 11.5 Sonceboz (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.5.1 Sonceboz Profile 11.5.2 Sonceboz Products & Services 11.5.3 Sonceboz Main Business 11.5.4 Sonceboz Business Operation 11.6 Toyoda Gosei (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.6.1 Toyoda Gosei Profile 11.6.2 Toyoda Gosei Products & Services 11.6.3 Toyoda Gosei Main Business 11.6.4 Toyoda Gosei Business Operation 11.7 Mirror Controls International (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.7.1 Mirror Controls International Profile 11.7.2 Mirror Controls International Products & Services 11.7.3 Mirror Controls International Main Business 11.7.4 Mirror Controls International Business Operation 11.8 Johnson Electric (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.8.1 Johnson Electric Profile 11.8.2 Johnson Electric Products & Services 11.8.3 Johnson Electric Main Business 11.8.4 Johnson Electric Business Operation 11.9 Brose (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.9.1 Brose Profile 11.9.2 Brose Products & Services 11.9.3 Brose Main Business 11.9.4 Brose Business Operation 12 COMPANY COMPETITION 12.1 Global Sales by Company 12.1.1 Global Sales by Company 12.1.2 Global Sales Share by Company 12.2 Price & Gross Margin 12.3 Landscape of Major Companies in the Market 12.3.1 Major Companies Product Type List 12.3.1 Manufacturing Regions and Headquarters of Major Companies 12.3.1 Mergers & Acquisitions 12.4 Competitive Environment for New Entrants 12.4.1 Michael Porter's Five Forces Model 12.4.2 SWOT 13 ENVIRONMENT OVERVIEW 13.1 Impact of COVID-19 13.2 Geopolitics Overview 13.3 Economic Overview of Major Countries 14 RESEARCH CONCLUSION

LIST OF TABLE TABLE ~ Automotive Active Grille Shutter Systems Industry Dynamics & Regulations List TABLE ~ Global Automotive Active Grille Shutter Systems Sales Volume, Revenue, Price, Cost and Margin, 2016-2021E TABLE ~ By Vane Shape Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ By Vane Shape Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Horizontal Vanes Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Horizontal Vanes Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Vertical Vanes Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Vertical Vanes Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ By Grille Shape Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ By Grille Shape Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Non-Visible Active Grille Shutters Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Non-Visible Active Grille Shutters Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Visible Active Grille Shutters Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Visible Active Grille Shutters Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Automotive Active Grille Shutter Systems Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Market Size by Type, 2016-2021E, in Volume TABLE ~ Passenger Vehicles Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Passenger Vehicles Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Commercial Vehicles Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Commercial Vehicles Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Automotive Active Grille Shutter Systems Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Market Size by Type, 2016-2021E, in Volume TABLE ~ North America Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in USD Million TABLE ~ North America Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in USD Million TABLE ~ North America Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in Volume TABLE ~ North America Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in Volume TABLE ~ United States Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Canada Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Mexico Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Europe Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in USD Million TABLE ~ Europe Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Europe Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in Volume TABLE ~ Europe Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in Volume TABLE ~ Germany Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ UK Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ France Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Russia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Italy Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Europe Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ ASIA-PACIFIC Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in Volume TABLE ~ ASIA-PACIFIC Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in Volume TABLE ~ China Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ India Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Japan Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Korea Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Southeast Asia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Australia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Asia Pacific Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South America Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in USD Million TABLE ~ South America Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in USD Million TABLE ~ South America Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in Volume TABLE ~ South America Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in Volume TABLE ~ Brazil Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Argentina Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of South America Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Middle East and Africa Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Automotive Active Grille Shutter Systems Sales by Countries 2016-2021E, in Volume TABLE ~ Middle East and Africa Automotive Active Grille Shutter Systems Sales Share by Countries 2016-2021E, in Volume TABLE ~ GCC Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ North Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Middle East & Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Forecast by Region 2022F-2026F, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share Forecast by Region 2022F-2026F, in Volume TABLE ~ Magna International Overview List TABLE ~ Products & Services List of Magna International TABLE ~ Business Operation of Magna International (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Valeo Overview List TABLE ~ Products & Services List of Valeo TABLE ~ Business Operation of Valeo (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ SRG Global Overview List TABLE ~ Products & Services List of SRG Global TABLE ~ Business Operation of SRG Global (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Rochling Group Overview List TABLE ~ Products & Services List of Rochling Group TABLE ~ Business Operation of Rochling Group (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Sonceboz Overview List TABLE ~ Products & Services List of Sonceboz TABLE ~ Business Operation of Sonceboz (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Toyoda Gosei Overview List TABLE ~ Products & Services List of Toyoda Gosei TABLE ~ Business Operation of Toyoda Gosei (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Mirror Controls International Overview List TABLE ~ Products & Services List of Mirror Controls International TABLE ~ Business Operation of Mirror Controls International (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Johnson Electric Overview List TABLE ~ Products & Services List of Johnson Electric TABLE ~ Business Operation of Johnson Electric (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Brose Overview List TABLE ~ Products & Services List of Brose TABLE ~ Business Operation of Brose (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Global Automotive Active Grille Shutter Systems Sales by Company 2016-2021E, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales by Company 2016-2021E, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share by Company 2016-2021E, in USD Million TABLE ~ Global Automotive Active Grille Shutter Systems Sales Share by Company 2016-2021E, in Volume TABLE ~ Global Automotive Active Grille Shutter Systems Sales Price by Company 2016-2021E, in USD/Volume TABLE ~ Global Automotive Active Grille Shutter Systems Gross Margin by Company 2016-2021E TABLE ~ Major Companies Product Type List TABLE ~ Major Companies Product Type List TABLE ~ Mergers & Acquisitions in the Market