Global Active Grille Shutter Market

Apr 2020| VMR2018A| Verified Market Research

Report Highlights

Active Grille Shutter Market Size And Forecast

According to Verified Market Research, Global Active Grille Shutter Market was valued at USD 3.28 Billion in 2018 and is projected to reach USD 4.74 Billion by 2026, growing at a CAGR of 4.7% from 2019 to 2026.

Global Active Grille Shutter Market Outlook

The Active Grille Shutter Market is experiencing growth owing to the increasing demand for energy-efficient vehicles and introduction of the stringent regulations by the government bodies concerning to degrading environment. In addition, the rising demand for vehicle utilization in response increases vehicle production and thereby imposes a positive outlook on the market growth. However, the lack of awareness and the huge cost associated with the technology expected to hamper the market growth. 

Global Active Grille Shutter Market Competitive Landscape 

The Global Active Grille Shutter Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as STARLITE Co. Ltd., Rochling Group, HBPO GmbH, Valeo, Magna International Inc., Batz S. Coop, Aisin Seiki Co. Ltd, Keboda Technology Co., Ltd., Shape Corp., and Techniplas LLC.

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