Global Automotive Active Grille Shutter Market 2017-2021

About Automotive Active Grille Shutter

Active grille shutters use an automatic open and shut technology to reduce the drag in vehicles, which results in higher fuel efficiency and lower emissions. The grille shutter vents are automatically closed when excess air is not required by the engine, which provides a great highway performance. In colder climatic conditions, the grille is kept shut to maintain an optimal engine temperature. The automotive active grille shutter is currently in the introduction stage and is limited to mid-segment passenger cars, luxury segment passenger cars, and pickup trucks in some regions.

Technavio’s analysts forecast the global automotive active grille shutter market to grow at a CAGR of 2.03% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive active grille shutter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Active Grille Shutter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Magna
• Röchling
• SRG Global
• Valeo

Other prominent vendors
• Brose
• Johnson Electric
• Mirror Controls international
• Sonceboz

Market driver
• Higher fuel efficiency and lower emissions
• For a full, detailed list, view our report

Market challenge
• Increasing manufacturing cost due to dynamism in regulatory environment
• For a full, detailed list, view our report

Market trend
• Increasing demand for shape memory alloys
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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