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Global Active Grille Shutter Market Expected to Reach USD 4,920.1 Million by 2027

Global Active Grille

iCrowdNewswire   Jan 13, 2021  3:00 AM ET

Global Active Grille Shutter Market By Key Players

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Active Grille Shutter Market by Type, Application, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 2,932.3 Million in 2019 and is expected to grow at a healthy growth rate of 5.2 % by the year 2027. Active Grille Shutter broadly finds its usage in the automotive sector to cultivate fuel economy and mitigation of harmful emissions. This system unlocks the air inlet at the front of the vehicle when the air conditioning is at the highest capacity setting.

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The global Active Grille Shutter market is fragmented based on type, application, and region. On the basis of type, the market has been divided into Polyster, Polypropylene (PP), and Polycarbonate (PC). Based on application, the market has been bifurcated into passenger vehicle and commercial vehicle. Based on region, the global Active Grille Shutter market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa (MEA).

In the year 2020, the Active Grille Shutter market is expected to observe slow growth due to the COVID-19 pandemic. The automotive sector is amongst one of the most affected verticals by the ongoing pandemic situation. The lockdown and social distancing norms are probable to have a substantial effect on the supply chain movement and consumer demand for the product in the auto part and vehicle industry. Moreover, the demand for commercial vehicles is expected to drop with the halt of all non-essential services. Furthermore, depression in purchase decisions during a pandemic may have serious implications on the future growth of the industry.

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As per GMR industry analyst Akshata Ahire, The Global Active Grille Shutter Market is anticipated to witness significant growth during the forecast period 2021-2027 driven by technological developments, stringent emission norms to protect the climate, Initiatives to control CO2 emission, and rise in consumer demand for fuel-efficient Vehicles are expected to drive the market growth during the forecast period.

Key Takeaways from the Study:

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Report Scope:

Report Metric


Market Value in 2019

USD 2,932.3 Million

Market Growth Rate (from 2021 to 2027)


Historical Data

2017 & 2018

Base Year


Forecast Period

2020 – 2027

Units Considered

Value (USD Million)

Market Segments

By Type, By Application

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, South Korea, Australia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE, and Rest of MEA.

Key Companies Profiled

Valeo, Magna, Rochling, Mirror Controls international, Sonceboz, SRG Global, Johnson Electric, Others.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

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