Active Grille Shutter
                     Active Grille Shutter Market 
Active Grille Shutter Market Forecast to 
2028 - COVID-19 Impact and Global 
Analysis By Propulsion Type [Internal 
Combustion Engine (ICE) and Electric], 
Vane Type (Horizontal and Vertical), and 
Vehicle Type [Passenger Vehicles, Light 
Commercial Vehicles (LCVs), and Heavy 
Commercial Vehicles (HCVs)]
Active Grille ShutterMarket 
Current and Future Market Scenario
The active grille shutter market is projected to reach US$ 3,094.60 million by 2028 from US$ 2,161.67 million in 2021. It is 
expected to grow at a CAGR of 5.3% during 2022–2028.
Automobile production has been growing at a steady pace globally. China and the US have been leading the race, followed 
by Germany and India. The elevating demand for passenger vehicles with growing disposable income and the adoption of 
modern lifestyles contributes to the growth of the automotive sector worldwide. Most modern high-end passenger vehicles 
are increasingly adopting active grille shutters. These components aid in improving the aerodynamics of vehicles, thereby 
enabling the reduction of fuel consumption.
Active Grille ShutterMarket 
 
Market Segments
By Geography
By Type By Hybridization Technique North America
  internal combustion engine (ICE) Passenger vehicles light Europe
electric. commercial vehicles (LCV) Asia Pacific (APAC)
Middle East and Africa (MEA)
South and Central America (SCAM)
Active Grille ShutterMarket  
Leading Players
              Company Profiles in Active Grille ShutterMarket are:
 HBPO GmbH
Magna International Inc
 Röchling SE & Co. KG
Shape Corporation
 SRG Global
Standard Motor Products 
 STARLITE Co
Techniplas US LLC
Valeo SA
Active Grille ShutterMarket  
                
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