Automotive Active Grille Shutters (AGSs) Market
Automotive Active Grille Shutters (AGSs) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Active Grille Shutters (AGSs) Market Size and Growth
The Automotive Active Grille Shutters (AGSs) market is experiencing significant growth, driven by advancements in vehicle efficiency and emissions reduction technologies. The market size is projected to reach approximately $1.5 billion by 2028, reflecting increasing adoption among manufacturers seeking enhanced aerodynamics and fuel efficiency amid stringent regulatory demands.
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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 Shutters (AGSs) market features competitive players like Magna International, Valeo, and SRG Global. These companies enhance vehicle aerodynamics and efficiency through innovative AGS designs, contributing to market growth. Notable sales revenues include:
- Magna International: $36.1 billion
- Valeo: $23.4 billion
- Brose: $6.5 billion.
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Market Segmentation
By Application
Passenger Vehicles
Commercial Vehicles
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By Product
Horizontal AGS
Vertical AGS
Market Growth
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$ X Billion USD
