• Blog
  • Automotive Active Grille Shutter Market Report

    Automotive Active Grille Shutter Market Report

    Automotive Active Grille Shutter Market Report
    Report code - SRTI132 Published On : Jul,2019 No. of Pages: 210
    Get Free Sample |
    Play Audio
    Listen
    Automotive Active Grille Shutter (AGS) Market Size, Share, Trend, Forecast, & Competit See more...

    Impact of COVID-19 on Automotive Active Grille Shutter Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Automotive Active Grille Shutter Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    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$ 1,206.0 million in 2024. 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.