Active Grille Shutter Market Report 2024 (Global Edition)

Global Active Grille Shutter Market Report 2024 Market Size Split by Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), by Shutter (Visible Automotive Active Grille Shutte...

Active Grille Shutter Market Report Description

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Active Grille Shutter Market Insights Video

Competitive Landscape of the Active Grille Shutter Market

The major players adopt fresh approaches quickly to gain a competitive advantage and take a substantial portion of the market. To serve a sizable customer base and obtain an edge in the marketplace, the key players in the Active Grille Shutter sector place a strong emphasis on extending their unique products.

Active Grille Shutter Industry News

• August 2021, In Sunderland, England, Magna International Inc., a prominent supplier of automotive parts, is set to construct a new liftgate module manufacturing facility for Nissan Qashqai. Compared to its steel predecessor, the new Qashqai thermoplastic liftgate weighs less, suggesting that manufacturers are increasingly attempting to minimize mass in order to improve emissions and fuel economy. Magna will benefit from having its AGS system support new OEMs.

(Source: www.magna.com/company/newsroom/releases-archive/release/2021/08/26/news-release---magna-celebrates-grand-opening-of-new-plant-in-uk-producing-lightweight-liftgates)

Top Companies Market Share in Active Grille Shutter Industry: (In no particular order of Rank)

• Valeo
• Magna 
• Rochling
• Brose
• Johnson Electric
• SRG Global
• Mirror Controls International
• Sonceboz
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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In terms of revenue, the North American Active Grille Shutter Market share was 40% of the total market

North America led the market in 2023 and generated around 40% of worldwide revenue, according to Cognitive Market Research, In order to achieve these requirements, improve fuel efficiency, and optimize aerodynamics, automakers are implementing AGS technology. The market for Active Grille Shutters is expanding in North America due to consumers' increasing knowledge of eco-friendly car solutions.

Europe is the fastest-growing category. In European automakers are rapidly implementing AGS technology to comply with environmental rules and meet consumer demand for environmentally friendly automobiles. In the European automobile industry, the growing adoption of Active Grille Shutters is encouraged by the emphasis on sustainability and lowering carbon emissions.

The current report Scope analyzes Active Grille Shutter Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Active Grille Shutter Market

According to Cognitive Market Research, the global Active Grille Shutter market size was estimated at USD 1825.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 730.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2023 to 2030. The market for Active Grille Shutters (AGS) is expanding significantly in North America due to the combined effects of strict fuel economy laws and consumer demand for environmentally friendly automobiles. The market grows to accommodate the changing vehicle landscape as automakers integrate AGS technology to optimize aerodynamics and cut emissions. The aftermarket, where customers retrofit AGS for improved fuel efficiency, is a noteworthy market driving growth. This trend supports the market's expansion beyond original equipment manufacturing and is in line with North America's commitment to sustainable transportation solutions. By strategically responding to consumer demands and regulatory requirements, AGS's integration positions North America as a major player in the global Active Grille Shutter industry.

• According to Cognitive Market Research, the US had a major share in the Active Grille Shutter market with a market size of USD 576.03 million in 2023 and is projected to grow at a CAGR of 2.5% during the forecast period. This is majorly due to the strict pollution regulations. 
• The Canada Active Grille Shutter market had a market share of USD 87.61 million in 2023 and is projected to grow at a CAGR of 3.5% during the forecast period. This is due to the increased demand for lowering carbon emissions. 
• The Mexico Active Grille Shutter market is projected to witness growth at a CAGR of 3.2% during the forecast period with a market size of USD 66.44 million in 2023.

Europe Active Grille Shutter Market

According to Cognitive Market Research, with a market value of USD 1825.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 3.0% from 2023 to 2030, Europe accounted for a share of over 30% of the global Active Grille Shutter market size of USD 547.56 million. The market for Active Grille Shutters (AGS) is expanding rapidly in Europe due to stricter pollution regulations and an increased emphasis on environmentally friendly transportation. AGS technology is being included by automakers more frequently in order to comply with regulations and improve fuel economy. The OEM sector is one significant area driving the market's growth, as AGS is increasingly being incorporated into new car manufacturing processes. This places AGS in a critical position to help achieve carbon reduction targets and is consistent with Europe's commitment to environmental care. Europe's AGS market is a major player in the global search for environmentally friendly transportation options because it reflects the region's proactive commitment to implementing cutting-edge automotive technologies.

• According to Cognitive Market Research, the Germany Active Grille Shutter market size was valued at USD 108.42 million in 2023 and is projected to grow at a CAGR of 3.2% during the forecast period. This is majorly due to the growing comply with the government's desire for environmentally friendly and energy-efficient transportation options. 
• The United Kingdom Active Grille Shutter market had a market share of USD 91.99 million in 2023 and is projected to grow at a CAGR of 3.8% during the forecast period. This is due to the automotive industry's dedication to cutting-edge aerodynamics. 
• The France Active Grille Shutter market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD 50.38 million in 2023.
• The Italy Active Grille Shutter market is projected to witness growth at a CAGR of 2.4% during the forecast period with a market size of USD 47.09 million in 2023.
• The Russia Active Grille Shutter market is projected to witness growth at a CAGR of 2.4% during the forecast period with a market size of USD 84.87 million in 2023.
• The Spain Active Grille Shutter market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 44.90 million in 2023.
• The Portugal Active Grille Shutter market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 11.50 million in 2023.
• The Luxembourg Active Grille Shutter market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 16.97 million in 2023.
• The Greece Active Grille Shutter market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD 6.57 million in 2023.
• The Rest of Europe's Active Grille Shutter market is projected to witness growth at a CAGR of 1.7% during the forecast period with a market size of USD 84.87 million in 2023.

Asia Pacific Active Grille Shutter Market

According to Cognitive Market Research, the global Active Grille Shutter market size was estimated at USD 1825.2 Million out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 419.80 million in 2023 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The expanding automotive industry and growing emphasis on fuel efficiency are driving significant growth in the Asia Pacific Active Grille Shutter (AGS) market. AGS technology is essential for automakers to satisfy government emission regulations and enhance aerodynamics. The aftermarket is a significant sector driving the market's growth as buyers look for AGS installs for pre-owned cars. This trend reflects consumer desire to use cutting-edge technologies for improved performance and sustainability, and it is consistent with the changing automotive market of Asia Pacific. Asia Pacific's AGS market demonstrates the region's critical role in promoting innovation and tackling environmental issues in the global automobile industry.

• According to Cognitive Market Research, the China Active Grille Shutter market size was valued at USD 188.91 million in 2023 and is projected to grow at a CAGR of 6.0% during the forecast period. This is majorly due to the rising demand for fuel-efficient cars. 
• The India Active Grille Shutter market had a market share of USD 50.38 million in 2023 and is projected to grow at a CAGR of 8.3% during the forecast period. This is due to the increased demand for automotive sector. 
• The Japan Active Grille Shutter market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 57.93 million in 2023.
• The South Korea Active Grille Shutter market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 41.98 million in 2023.
• The Australia Active Grille Shutter market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 21.83 million in 2023.
• The South East Asia Active Grille Shutter market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 28.97 million in 2023.
• The Rest of Asia Pacific Active Grille Shutter market is projected to witness growth at a CAGR of 6.3% during the forecast period with a market size of USD 29.81 million in 2023.

South America Active Grille Shutter Market

According to Cognitive Market Research, the global Active Grille Shutter market size was estimated at USD 1825.2 Million out of which the Latin America market of more than 5% of the global revenue with a market size of USD 91.26 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. The Active Grille Shutter (AGS) market in Latin America is expanding as a result of the auto industry's response to the region's growing demand for automobiles that meet pollution regulations and are fuel-efficient. AGS technology is becoming essential to OEM new car production, in line with Latin America's growing environmental awareness. The aftermarket is one area driving the market's growth, as customers modify AGS to improve aerodynamics. This is a reflection of the shift in Latin America toward the use of cutting-edge automotive technologies for efficiency and sustainability. Latin America has become a major player in the worldwide race for environmentally friendly transportation as the AGS market picks up steam, supporting the region's environmental objectives and automotive innovation.

• According to Cognitive Market Research, the Brazil Active Grille Shutter market size was valued at USD 39.06 million in 2023 and is projected to grow at a CAGR of 4.5% during the forecast period. This is majorly due to the growing demand for Strict fuel efficiency regulations. 
• The Argentina Active Grille Shutter market had a market share of USD 15.33 million in 2023 and is projected to grow at a CAGR of 4.8% during the forecast period. This is due to the country's emphasis on environmental sustainability. 
• The Colombia Active Grille Shutter market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 8.12 million in 2023.
• The Peru Active Grille Shutter market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 7.48 million in 2023.
• The Chile Active Grille Shutter market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 6.57 million in 2023.
• The Rest of Latin America Active Grille Shutter market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 14.69 million in 2023.

Middle East and Africa Active Grille Shutter Market

According to Cognitive Market Research, the global Active Grille Shutter market size was estimated at USD 1825.2 Million out of which Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD 36.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The desire for greater fuel efficiency and an emphasis on cutting-edge automotive technology are driving the growth of the Active Grille Shutter (AGS) market in the Middle East and Africa (MEA). In order to improve aerodynamics and meet emission regulations, automakers are increasingly implementing AGS technology in their vehicles. With consumers retrofitting AGS for greater fuel efficiency, the aftermarket is an important area driving market expansion. This is in line with global trends in technological innovation and environmental sustainability, and it represents the changing automotive scene of the region. As AGS is increasingly important to MEA's automotive industry, the region shows its dedication to adopting cutting-edge technology for a more sustainable automotive future and contributes to the worldwide push for energy-efficient transportation solutions.

• According to Cognitive Market Research, the GCC Countries Active Grille Shutter market size was valued at USD 15.62 million in 2023 and is projected to grow at a CAGR of 5.0% during the forecast period. This is majorly due to the growing demand for oil. 
• The South Africa Active Grille Shutter market had a market share of USD 5.77 million in 2023 and is projected to grow at a CAGR of 5.2% during the forecast period. This is due to the increased demand for petrol. 
• The Egypt Active Grille Shutter market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 3.83 million in 2023.
• The Turkey Active Grille Shutter market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 3.14 million in 2023.
• The Nigeria Active Grille Shutter market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD 3.83 million in 2023.
• The Rest of MEA Active Grille Shutter market is projected to witness growth at a CAGR of 3.2% during the forecast period with a market size of USD 4.31 million in 2023.

Active Grille Shutter Market Analysis

Active Grille Shutter Vehicle Segment Analysis

According to Cognitive Market Research, Passenger Cars held the major market share over the forecast period. Automakers are incorporating AGS to improve aerodynamics and optimize fuel consumption as consumers place a higher priority on environmental sustainability and fuel efficiency. The industry's dedication to achieving strict pollution requirements and satisfying the growing demand for energy-efficient and environmentally friendly automotive solutions is aligned with AGS's dynamic control of airflow in passenger automobiles.

Light Commercial Vehicles are the fastest-growing category over the forecast period. By improving aerodynamics and lowering fuel consumption, AGS provides a workable answer when fuel efficiency and environmental concerns are becoming increasingly important in the commercial vehicle industry. AGS integration in LCVs complies with pollution regulations, industry developments, and consumer desire for economical and environmentally friendly commercial transportation options.

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Active Grille Shutter Industry. Request a Free Sample PDF!

Active Grille Shutter Segment Analysis

According to Cognitive Market Research, Visible Automotive Active Grille Shutters hold a prominent market share. These shutters enhance beauty and fuel efficiency using a visible component in their design. Visible Automotive Active Grille Shutter use is rising, assisting in the market's rise as buyers and automakers place a higher value on aesthetically pleasing and technologically sophisticated vehicles.

Non-visible Automotive Active Grille Shutters are the fastest-growing category over the forecast period. These shutters boost aerodynamics without sacrificing style because they are subtly integrated into the car's front fascia. The automobile industry's increasing use of Non-Visible automobile Active Grille Shutters indicates its unwavering dedication to the seamless integration of cutting-edge technologies, all while fulfilling fuel efficiency and sustainability objectives.

• Visible Automotive Active Grille Shutters
• Non-visible Automotive Active Grille Shutters

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Active Grille Shutter Vane Segment Analysis

According to Cognitive Market Research, Horizontal Automotive Active Grille Shutters hold a prominent market share. The Active Grille Shutters' design maximizes horizontal airflow, improving the car's overall performance. The use of Horizontal automobile Active Grille Shutters is increasing due to manufacturers prioritizing these technical advancements; these shutters are essential in meeting fuel efficiency regulations and supporting the automobile sector's sustainability commitments.

Vertical Automotive Active Grille Shutters are the fastest-growing category over the forecast period; this particular design's vertical airflow optimization helps enhance vehicle performance. The usage of Vertical Automotive Active Grille Shutters is growing to meet strict regulatory requirements, the automotive industry's focus on sustainability, and solve fuel efficiency concerns.

• Horizontal Automotive Active Grille Shutters
• Vertical Automotive Active Grille Shutters

Active Grille Shutter Sales Channel Segment Analysis

According to Cognitive Market Research, OEMs hold a prominent market share. Automakers are progressively integrating AGS technology directly during the car manufacturing process to achieve fuel efficiency criteria. The incorporation of Active Grille Shutters into vehicles is becoming increasingly important as OEMs place a higher priority on aerodynamics and emission reduction. This is helping to drive the market forward and reinforce the industry's dedication to efficient and sustainable automotive solutions.

The aftermarket is the fastest-growing category over the forecast period. AGS aftermarket installations are becoming increasingly popular among consumers and car enthusiasts who want to improve their car's aerodynamics and fuel economy. The aftermarket is essential to growing the market beyond OEM installations and satisfying vehicle owners' changing choices as demand for retrofitting AGS develops.

• OEM
• Aftermarket

Active Grille Shutter Price Range Segment Analysis

• Premium
• Economy

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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