Automotive Active Grille Shutter Systems Market
Automotive Active Grille Shutter Systems Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Active Grille Shutter Systems Market Size and Growth
The Automotive Active Grille Shutter Systems market is experiencing significant growth, driven by increasing fuel efficiency demands and stricter emission regulations. The market is projected to reach approximately $2 billion by 2028, reflecting robust adoption in various vehicle types. Key trends include enhanced aerodynamic performance and integration with advanced vehicle technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Magna International
◍ Valeo
◍ SRG Global
◍ Rochling Group
◍ Sonceboz
◍ Toyoda Gosei
◍ Mirror Controls International
◍ Johnson Electric
◍ Brose
The Automotive Active Grille Shutter Systems Market features key players like Magna International, Valeo, and Brose. These companies innovate by enhancing vehicle aerodynamics and fuel efficiency, driving market growth. Their expertise in design and manufacturing accelerates adoption among OEMs, reinforcing market dynamics.
- Magna International: $37.24 billion
- Valeo: €19.40 billion
- Brose: €5.5 billion
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Market Segmentation
By Application
Passenger Vehicles
Commercial Vehicles
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By Product
Horizontal Vanes
Vertical Vanes
Market Growth
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$ X Billion USD
