Global Active Grille Shutter Market (AGS)
: Industry Analysis and Forecast (2019-
2026) – By Vehicle Type, Shutter Vanes
Type, Shutter Type, Sales Channel, and
Global Active Grille Shutter Market (AGS) was valued US$3.70 Bn
in 2018 and is expected to reach US$XX Bn by 2026, at a CAGR of
XX % during a forecast period.
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Global Active Grille Shutter Market (AGS) , Dynamics:
Active grill shutters open and close automatically to control the flow
of air, it opens at the time when engine requires additional air flow
otherwise it remains closed. It reduces the aerodynamic drag; owing
to this, the engine can quickly reach to its optimum operating
temperature. Rise in demand for fuel-efficiency among consumers
and stringent emission norms enacted by regulatory bodies in order to
reduce emission impact on the environment are likely to drive the
active grill shutter market for automotive during the forecast period.
Moreover, high cost and less penetration of active grill shutters in
developing regions are anticipated to hamper the active grill shutters
market during the forecast period.
Global Active Grille Shutter Market (AGS), Regional
The report segment of active grille shutter market (AGS) based on
vehicle type, shutter vanes type, shutter type, sales channel, and
geography. Based on vehicle type, the active grille shutter market is
segmented into passenger vehicle, LCV, and M&HCV. In terms of
shutter vanes type, the active grille shutter market is segmented into
horizontal AGS and vertical AGS. On the basis of shutter type, the
active grille shutter market is segmented into visible AGS and non-
visible AGS. Based on sales channel, the active grille shutter market
is segmented into OEM, and aftermarket. Region wise market
segmented into North America, Europe, Asia Pacific, Middle East &
Africa and Latin America.
Based on vehicle, passenger vehicle is anticipated to remain the