Non-Visible Active Grille Shutters Market size was valued at USD 120 Million in 2024 and is projected to reach USD 250 Million by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
The global Non Visible Active Grille Shutters market was valued at approximately USD 1.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The market is driven by growing demand for fuel efficient vehicles and advancements in automotive technologies. North America led the market in 2022, accounting for 35% of the global market share, due to increasing adoption of advanced vehicle components and rising environmental concerns in the automotive industry. Europe follows closely, with a 30% market share in the same year, as automotive manufacturers in the region focus on reducing carbon emissions and improving fuel efficiency in line with stringent government regulations. The Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period, driven by the rapid growth of the automotive sector, especially in countries like China and India, which are major hubs for vehicle manufacturing. The market in this region is expected to grow at a CAGR of 7.2% through 2030.
In terms of opportunities, the adoption of Non Visible Active Grille Shutters in electric and hybrid vehicles is expected to grow significantly. The increasing penetration of electric vehicles (EVs) in markets such as Europe and North America is expected to boost the demand for advanced aerodynamics technologies, including grille shutters, which enhance vehicle range and overall energy efficiency. Additionally, increasing awareness about the environmental benefits of fuel efficient vehicles and the development of lightweight materials for grille shutter designs presents new opportunities for growth. As automotive manufacturers continue to innovate, the market is expected to witness substantial growth across emerging economies, particularly in the Asia Pacific region.
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Magna International Inc.
Valeo
Röchling Automotive
Aisin Corporation
Shape Corporation
Mirror Controls International
Sonceboz
HBPO
SRG Global Inc. (Guardian Industries)
Yamaguchi Starlite
Techniplas
Keboda Chongqing Automotive Electronics
Batz Group
Johnson Electric
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-Visible Active Grille Shutters Market
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
SUVs and Crossovers
Aluminum
Plastic Composites
Steel
Carbon Fiber
Hybrid Materials
Mechanical Shutters
Electromechanical Shutters
Fully Automatic Shutters
Smart Control Systems
Hybrid Systems
Aerodynamic Efficiency Enhancement
Engine Cooling Optimization
Fuel Efficiency Improvement
Environmental Control Systems
All-weather Performance
Original Equipment Manufacturers (OEMs)
Aftermarket Sales
Online Retail
Brick-and-Mortar Automotive Stores
Distributors and Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non-Visible Active Grille Shutters Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non-Visible Active Grille Shutters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-Visible Active Grille Shutters Market, By Type
6. Global Non-Visible Active Grille Shutters Market, By Application
7. Global Non-Visible Active Grille Shutters Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Non-Visible Active Grille Shutters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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