Global Automotive Active Grille Shutter Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

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.

Market Analysis and Insights: Global Automotive Active Grille Shutter Market
The global Automotive Active Grille Shutter market size is projected to reach US$ 1107.4 million by 2026, from US$ 591.5 million in 2020, at a CAGR of 11.0% during 2021-2026.
Global Automotive Active Grille Shutter Scope and Segment
The global Automotive Active Grille Shutter market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Active Grille Shutter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Automotive Active Grille Shutter market is segmented into
Polyester
Polypropylene (PP)
Polycarbonate (PC)
Other

Segment by Application, the Automotive Active Grille Shutter market is segmented into
Passenger Cars
Commercial Vehicles

Automotive Active Grille Shutter market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Automotive Active Grille Shutter business, the date to enter into the Automotive Active Grille Shutter market, Automotive Active Grille Shutter product introduction, recent developments, etc.
The major vendors covered:
Valeo
Magna
Rochling
Brose
Johnson Electric
SRG Global
Mirror Controls International
Sonceboz

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Automotive Active Grille Shutter markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Automotive Active Grille Shutter market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.