Global Active Grille Shutter Industry Forecasts Report Analysis
Added: (Wed Apr 27 2022)
Pressbox (Press Release) -
According to Stratistics MRC, Active Grille Shutter Market Value is expected to reach $6.04 billion by 2028 growing at a CAGR of 6.7% during the forecast period.
Active grille shutter is a system that operates to control airflow through the radiator. It opens at lower speeds to help keep the engine cool and closes at higher speeds to help reduce drag, which improves the vehicle's fuel efficiency. Active grill shutters are mostly manufactured from lightweight reinforced thermoplastics, resulting in weight reduction and improved aerodynamic performance.
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By geography, North America is going to have high growth during the forecast period which can be attributed to the rising demand for fuel-efficient vehicles and stringent government regulations across the region.
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Some of the key players profiled in the Active Grille Shutter Market include Valeo, Magna International Inc., Rochling Group, Aisin Seiki Co., Ltd, Techniplas, LLC, Batz Group, Shape Corp., HBPO GmbH, STARLITE Co., Ltd., Keboda, and SRG Global.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For more information about this report visit @ https://www.strategymrc.com/report/active-grille-shutter-market
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