Automotive Active Grille Shutter (AGS) Market likely to be a US$ 1078.7 Million opportunity in 2023
This report, from Stratview Research, studies the global automotive active grille shutter market over the trend period 2012 to 2017 and forecast period 2018 to 2023 both in terms of value and units.
(EMAILWIRE.COM, February 02, 2019 )
Stratview Research announces the launch of a new research report on Automotive Active Grille Shutter (AGS) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Shutter Vanes Type (Horizontal AGS and Vertical AGS), by Shutter Type (Visible AGS and Non-Visible AGS), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The Global Automotive Active Grille Shutter (AGS) Market: Highlights
Active grille shutter is an advanced mechatronic component, which performs a key function of selectively allowing or restricting airflow with an automatic opening and closing of shutters based on real-time needs. This results in reducing aerodynamic drag to an extent and improving the fuel economy of the vehicle, thereby leading to reduced CO2 emissions. The automotive industry is very keen on adopting technologies, which lead to an improvement in fuel economy and a reduction in harmful emissions.
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The automotive active grille shutter market is likely to grow at an impressive double-digit rate over the next five years to reach US$ 1078.7 million in 2023. The auto industry has efficaciously been ushering in a new era of aerodynamic vehicles with a meticulous investment into advanced components that can address the changing business requirements in the most effective manner. All the major automakers have vigorously been incorporating active components in their most-renowned vehicle models with the purpose to improve the overall fuel efficiency of vehicles in order to address stringent government regulations, such as CAFE Standards and EU Commission on Carbon Emissions Reduction Targets.
Active grille shutter is a key component of active aerodynamic family and has been catching the automakers’ attention by offering a vast list of advantages. On an average, AGS offers signification weight reduction up to 20% and improvement in aerodynamic performance up to 30% as compared to non-AGS vehicle. Today, AGS has successfully found its presence in both premium vehicle models as well as mass-produced vehicle models of almost all major automakers including Ford, GM, Toyota, BMW, Lincoln, Honda, Mazda, Mercedes-Benz, and Rolls Royce.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Automotive Active Grille Shutter (AGS) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Shutter Vanes Type (Horizontal AGS and Vertical AGS), by Shutter Type (Visible AGS and Non-Visible AGS), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The Global Automotive Active Grille Shutter (AGS) Market: Highlights
Active grille shutter is an advanced mechatronic component, which performs a key function of selectively allowing or restricting airflow with an automatic opening and closing of shutters based on real-time needs. This results in reducing aerodynamic drag to an extent and improving the fuel economy of the vehicle, thereby leading to reduced CO2 emissions. The automotive industry is very keen on adopting technologies, which lead to an improvement in fuel economy and a reduction in harmful emissions.
Click here for table of contents:- https://www.stratviewresearch.com/toc/323/Automotive-Active-Grille-Shutter-Market.html
Or
Request a sample here:- https://www.stratviewresearch.com/Request-Sample/323/Automotive-Active-Grille-Shutter-Market.html
The automotive active grille shutter market is likely to grow at an impressive double-digit rate over the next five years to reach US$ 1078.7 million in 2023. The auto industry has efficaciously been ushering in a new era of aerodynamic vehicles with a meticulous investment into advanced components that can address the changing business requirements in the most effective manner. All the major automakers have vigorously been incorporating active components in their most-renowned vehicle models with the purpose to improve the overall fuel efficiency of vehicles in order to address stringent government regulations, such as CAFE Standards and EU Commission on Carbon Emissions Reduction Targets.
Active grille shutter is a key component of active aerodynamic family and has been catching the automakers’ attention by offering a vast list of advantages. On an average, AGS offers signification weight reduction up to 20% and improvement in aerodynamic performance up to 30% as compared to non-AGS vehicle. Today, AGS has successfully found its presence in both premium vehicle models as well as mass-produced vehicle models of almost all major automakers including Ford, GM, Toyota, BMW, Lincoln, Honda, Mazda, Mercedes-Benz, and Rolls Royce.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results