Here Is The Future of Automotive Active Grille Shutter Market

Automotive Active Grille Shutter Market will register a CAGR of 14% during 2020-2024. The market’s growth momentum will Accelerate.

Increasing government support to promote EVs will be one of the major factors driving the growth of this market. Additionally, key Automotive Active Grille Shutter Market trends such as the Development of smart electric actuators for active grille shutters will also influence market growth during the forecast period.

Automotive Active Grille Shutter Market Size

During the forecast period, the Automotive Active Grille Shutter Market size will grow by 2.13 mn units.

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Automotive Active Grille Shutter Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automotive Active Grille Shutter Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Ongoing slowdown of the economy in China | Increasing complexity of vehicles | Increasing manufacturing costs due to dynamism in the regulatory environment will also challenge the growth of the companies.

Aisin Seiki Co. Ltd. | Brose Fahrzeugteile SE & Co. KG | COMPAGNIE PLASTIC OMNIUM SE | Flex Ltd. | Ford Motor Co. | General Motors Co. | Magna International Inc. | Röchling SE & Co. KG | SRG Global Inc. | Valeo SA.list

are some of the companies covered in Technavio’s Automotive Active Grille Shutter Market report for 2020-2024.

Automotive Active Grille Shutter Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automotive Active Grille Shutter Market.

The APAC will account for the largest Automotive Active Grille Shutter Market share and during 2020-2024, the region will contribute to 36% of the market’s growth.