Active Grille Shutter Market Size to hit $3.09Bn, Globally, by 2028 – Premium Report by The Insight Partners

 New York, Aug. 03, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Active Grille Shutter Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Vehicle Type (Passenger Car, LCV, Heavy Commercial Vehicle); Shutter Vanes Type (Horizontal AGS, Vertical AGS); Shutter Type (Visible AGS, Non-Visible AGS) and Geography” The global active grille shutter market growth is driven by introduction of regulations to reduce greenhouse gas (GHG) emissions from passenger cars and trucks and the reduction of aerodynamic drag of vehicles.

Request Sample PDF Brochure of Active Grille Shutter Market Size - COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPRE00010254

Market Size Value in	US$ 2.16 Billion in 2021
Market Size Value by	US$ 3.09 Billion by 2028
Growth rate	CAGR of 5.3% from 2022 to 2028
Forecast Period	2022-2028
Base Year	2022
No. of Pages	166
No. Tables	85
No. of Charts & Figures	79
Historical data available	Yes
Segments covered	Propulsion Type, Vane Type, and Vehicle Type
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends

The active grille shutter market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). Being home to several automobile manufacturers, which are focused on increasing fuel efficiency through advanced technologies while reducing aerodynamic drag, Europe is pioneering active grille shutter adoption. Most European car makers are incorporating these shutters in their high-end passenger vehicles. Additionally, regulations in the region have been strictly monitoring internal combustion engine (ICE) vehicles for the reduction of CO2 emissions. These factors collectively boost the active grille shutter market growth in Europe.

Inquiry Before Purchase:  https://www.theinsightpartners.com/inquiry/TIPRE00010254

Active Grille Shutter Market: Competitive Landscape and Key Developments

HBPO GmbH; Magna International Inc.; Röchling SE & Co. KG; Shape Corporation; SRG Global; Standard Motor Products Inc.; STARLITE Co., Ltd.; Techniplas US LLC; Valeo SA; and Wirthwein AG are among the key active grille shutter market players profiled during this study. In addition, several other important market players have been studied and analyzed during this market study to get a holistic view of the market and its ecosystem.  

• In 2022, Wirthwein AG announced the establishment of Xi'an Wirthwein Plastic Technology Co., Ltd. in the major Chinese city of Xi'an. It is the fourth factory of the company in the country, while the other three are located in Kunshan and Shenyang.
• In 2022, Techniplas US LLC, acquired Nanogate Group (Nanogate), a publicly traded company that is a prominent manufacturer of highly engineered plastics systems and components.

Avail Lucrative DISCOUNTS on “Active Grille Shutter Market” Research Study: https://www.theinsightpartners.com/discount/TIPRE00010254