According to a research report published by Spherical Insights & Consulting, the Global Active Grille Shutter Market Size Expected to Grow from USD 1.84 Billion in 2023 to USD 4.09 Billion by 2033, at a CAGR of 8.32% during the forecast period 2023-2033.

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An active grille shutter (AGS) is a system deployed in the vehicle to improve aerodynamics and fuel efficiency. The shutter is adjustable which opens or closes automatically depending on vehicle speed, and engine temperature, and works as per cooling airflow. It balances fuel efficiency and reduces CO2 emissions. An active grille shutter is mostly implanted in passenger cars, trucks, and sport utility cars also increasing the popularity in the new innovative cars such as electric and hybrid, and other fleets. Furthermore, the AGS is integrated into the advanced divers assistance system that is utilized for maintaining thermal management. However, the initial expenses for its adoption and implementation pose challenges and hinder market growth.

Browse key industry insights spread across 265 pages with 105 Market data tables and figures & charts from the report on the Global Active Grille Shutter Market Size, Share, and COVID-19 Impact Analysis, By Vane Type (Horizontal Vane Type, Vertical Vane Type), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The horizontal vane type segment is anticipated to hold the largest share of the global active grille shutter market during the forecast period.

On the basis of the vane type, the global active grille shutter market is classified into horizontal vane type and vertical vane type. Among these, the horizontal vane type segment is anticipated to hold the largest share of the global active grille shutter market during the forecast period. Horizontal vane type is the key consideration of the automotive industry because of its ability to offer superior aerodynamic performance and low carbon emissions while maintaining fuel efficiency. Horizontal vane type control over airflow especially at high speed. So, it is a preferred choice in the OEM market.

The passenger vehicle segment is expected to hold the largest share of the global active grille shutter market during the projected time frame.

Based on the vehicle type, the global active grille shutter market is segmented into passenger vehicle and commercial vehicle. Among these, the passenger vehicle segment is expected to hold the largest share of the global active grille shutter market during the projected time frame. Active grille shutters are increasingly being used in passenger automobiles, including electric and hybrid versions, to improve fuel efficiency, reduce drag, and optimize cooling. Furthermore, the introduction of modern technologies such as driver assistance systems and autonomous driving features in passenger vehicles contributes to the growth of the AGS industry.

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North America is anticipated to hold the largest share of the global active grille shutter market during the predicted timeframe.

North America is anticipated to hold the largest share of the global active grille shutter market during the predicted timeframe. The regional authorities imposed strict rules and regulation laws related to carbon emission, and fuel efficiency increasing the growing demand in the automobile industry and its related materials. The growing awareness among consumers related to environmental concerns makes the major advanced automobile features such as AGS, and others.

Asia-Pacific region is expected to grow at the fastest CAGR in the global active grille shutter market during the projection time frame. The growing production of conventional vehicles and electric or hybrid vehicles needs more advanced materials such as AGS systems to boost the market expansion. Countries like India, China, and Japan are embedded with high economic revenue, which could impact market growth.

Major vendors in the global active grille shutter market are Magna International Inc., Valeo, Rochling Group, Brose Fahrzeugteile GmbH & Co. KG, Techniplas, SRG Global, Tong Yang Group, S.Coop, Aisin Seiki Co., Ltd, BATZ, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2023, Valeo, a leading manufacturer of automobile components, announced the launch of a new plant in Fukuoka, Japan. The plant was set to produce high-quality thermal management systems such as active grille shutters. The facility was a testament to the firm’s commitment to passenger comfort and sustainability.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the active grille shutter market based on the below-mentioned segments:

 Global Active Grille Shutter Market, By Vane Type

• Horizontal Vane Type
• Vertical Vane Type

 Global Active Grille Shutter Market, By Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

 Global Active Grille Shutter Market, By Regional 

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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