Automotive Active Grille Shutter Market worth US$ 1078.7 million in 2023
Automotive Active Grille Shutter Market research report is a 210-page global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 12, 2018 )
Stratview Research announces the launch of a new research report on Automotive Active Grille Shutter Market. This 210-page extensive report from Stratview Research, studies the Automotive Active Grille Shutter Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Active Grille Shutter Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)- Passenger car is expected to remain the growth engine.
• By Shutter Vanes Type (Horizontal Vanes, Vertical Vanes)- Horizontal vane-based active grille shutter is expected to remain most dominant type.
• By Shutter Type (Visible AGS, Non-Visible AGS)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Europe is expected to remain the largest automotive active grille shutter market.
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Automotive Active Grille Shutter (AGS) Market Insights
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.
The supply chain of this market comprises raw material suppliers, actuator suppliers, automotive active grille shutter manufacturers, automotive OEMs, and dealers, and end-users. the key raw material suppliers for automotive active grille shutter are Lanxess AG, Celanese Corporation, and BASF SE, whereas some of the major active grille shutter actuator suppliers are Hella KGaA Hueck & Co., Sonceboz SA, Johnson Electric, and Brose Fahrzeugteile GmbH & Co. KG.
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 Market. This 210-page extensive report from Stratview Research, studies the Automotive Active Grille Shutter Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Active Grille Shutter Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)- Passenger car is expected to remain the growth engine.
• By Shutter Vanes Type (Horizontal Vanes, Vertical Vanes)- Horizontal vane-based active grille shutter is expected to remain most dominant type.
• By Shutter Type (Visible AGS, Non-Visible AGS)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Europe is expected to remain the largest automotive active grille shutter market.
Go through the detailed TOC: https://www.stratviewresearch.com/toc/323/Automotive-Active-Grille-Shutter-Market.html
Or
Get a free sample: https://www.stratviewresearch.com/Request-Sample/323/Automotive-Active-Grille-Shutter-Market.html
Automotive Active Grille Shutter (AGS) Market Insights
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.
The supply chain of this market comprises raw material suppliers, actuator suppliers, automotive active grille shutter manufacturers, automotive OEMs, and dealers, and end-users. the key raw material suppliers for automotive active grille shutter are Lanxess AG, Celanese Corporation, and BASF SE, whereas some of the major active grille shutter actuator suppliers are Hella KGaA Hueck & Co., Sonceboz SA, Johnson Electric, and Brose Fahrzeugteile GmbH & Co. KG.
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