Global Visible Active Grille Shutters Market Research Report 2024

An active grille shutter system is part of a range of products that improve vehicle aerodynamics while generating significant energy savings. Active Grille shutters are designed for extreme air-flow conditions (10 % of driving conditions): the active grille shutter system opens the radiator air inlet at the front of the vehicle when the air conditioning is at the highest setting and helps improve the aerodynamic drag coefficient by an average of 9%. When closed, they halve engine warm-up times in very cold weather.

The global Visible Active Grille Shutters market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Visible Active Grille Shutters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Visible Active Grille Shutters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of Visible Active Grille Shutters include Magna International Inc., Valeo, Röchling Automotive, Aisin Corporation, Shape Corporation, Mirror Controls International, Sonceboz, HBPO and SRG Global Inc. (Guardian Industries), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Visible Active Grille Shutters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visible Active Grille Shutters.

Report Scope

The Visible Active Grille Shutters market size, estimations, and forecasts are provided in terms of output/shipments (K Unit) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Visible Active Grille Shutters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Visible Active Grille Shutters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Magna International Inc.

Valeo

Röchling Automotive

Aisin Corporation

Shape Corporation

Mirror Controls International

Sonceboz

HBPO

SRG Global Inc. (Guardian Industries)

Yamaguchi Starlite

Techniplas

Keboda Chongqing Automotive Electronics

Batz Group

Johnson Electric


Segment by Type


Horizontal Vanes

Vertical Vanes


Segment by Application


Passenger Cars

Light Commercial Vehicle


Production by Region



North America

Europe

China

Japan

South Korea

India


Consumption by Region


North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Visible Active Grille Shutters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Visible Active Grille Shutters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Visible Active Grille Shutters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions