This report provides an understanding of the active grille shutter technology and market trends for light vehicles, an in-depth demand outlook, and an overview of the main players and market drivers – on both global and regional levels.
Global emission regulations and federal fuel efficiency requirements along with the incentives like off- cycle credits being provided by governments have driven the adoption of efficiency improving technologies. One of the main drivers for the volume growth of LVs fitted with Active Grille Shutter (AGS) has been the steady shift in customer preference from traditional cars to SUVs and cross overs. The growing production numbers of SUVs has also pushed the OEMs’ adoption of active aerodynamic technologies to meet fleet fuel efficiency targets and emission regulations, as the larger size and front-end area of these body styles makes improving aerodynamic efficiency a challenge. The move to new energy vehicles (Full hybrids/BEVs) is also likely to have a positive impact on AGS fitment rates in the future.
Questions the report will answer include:
• What are the size and scope of the global active grille shutter market?
• What are the key drivers pushing the sector?
• What is the regional outlook for the sector?
• What are the challenges faced by the active grille shutter sector?
• What is the business outlook for the sector?
• Who are the major suppliers operating in the sector?
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