Automotive Active Grille Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: AT24080201 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of Automotive Active Grill Market was 1.7 billion in 2022, and a CAGR of 4.2% is expected during the forecast period. Increasing demand for automotive active grilles for luxury and mid-class passenger cars is driving growth in the market. Increasing demand for fuel-efficient vehicles is driving growth in the market. Increasing numbers of passenger cars and commercial vehicles are driving growth in the market. With the increased adoption of electric vehicles, which often require enhanced cooling solutions due to their different thermal management needs, the demand for automated active grills is increasing.
Advancement in sensor technology and control systems is driving growth in the market significantly. As consumers demand more advanced and high-tech features in their vehicles, automakers are incorporating automated active grills to enhance vehicle performance and comfort. Increasing growth in the automotive industry is driving the demand in the automotive active grille market.
Growth Drivers
Integration of automotive active grilles into vehicle designs is becoming more seamless, making it easier for manufacturers to incorporate these systems into new models. As more automotive manufacturers seek to differentiate their vehicles with unique features, automated active grilles offer a way to stand out in a corporate market. Increasing disposable income and rising urbanization are the reasons behind rapidly increasing luxurious and passenger cars, which is driving growth in the market significantly.
Increasing industrialization and cars being the status symbol in
society is a driving factor in the market significantly. Rising stringent
government regulations for carbon dioxide emissions are driving growth in the
market. Increasing demand for accelerator radiator shutters in European
vehicles is driving growth in the market. Increasing demand for automotive
grills in passenger cars and luxurious cars is the key factor behind the
significant growth in the market. Increasing demand for technology, including
more high-tech features in the cars, is driving growth in the market
significantly.
Segmentation
By Vehicle Type
·
Passenger Cars
·
Commercial Vehicles
By Vane Type
·
Horizontal Vane Type
·
Vertical Vane Type
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
Automotive Active Grilles Market by
Vehicle Type Segmentation
On the basis of vehicle type, the automotive active grill market is segmented into passenger cars and commercial vehicles. Passenger cars are the leading segment in the market and are expected to dominate over commercial vehicles during the forecast period. Passenger cars come with a wider range of advanced features and technology, including active grilles to enhance performance, fuel efficiency, and aerodynamics. Consumers of passenger cars generally demand more innovative and high-tech features compared to commercial vehicle users. Active grilles are commonly used in luxury and high-performance passenger cars to improve aerodynamics and cooling, which boosts their adoption in this segment.
Passenger cars face stringent fuel
efficiency and emissions regulations, driving the adoption of active grills to
meet these standards. Increasing demand to improve fuel efficiency and engine cooling,
which is valuable for commercial vehicles. With advancement in technology in
commercial vehicles, features such as active grills are becoming more common to
enhance vehicle performance and operational efficiency. Increasing demand for
commercial vehicles, particularly in emerging markets, is contributing to the
growth of active grill technology.
Automotive active grille market by vane
type segmentation
On the basis of vane type, the automotive active grille
market is segmented into horizontal vane type and vertical vane type. The
horizontal van type is the leading segment and is preferred due to their
effectiveness in improving aerodynamics, managing, cooling, and enhancing
vehicles aesthetics. Increasing demand for optimizing airflow in modern vehicles
by adjusting the grille openings based on driving conditions. The vertical vane
type is less common in the market in comparison to the horizontal vane type.
The choice often depends on vehicle design, brand preferences, and specific
performance requirements. The increasing number of passenger cars all over the
world is driving growth in the market significantly. Technological advancements
in emerging economies are driving growth in the market.
Regional Outlook
On the basis of the regions, the automotive active grill market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the leading segment and is expected to dominate the market during the forecast period due to the presence of big markets like the United States of America. Higher expenditure on product innovation and increasing ongoing research and development in the region are witnessing significant growth.
The increasing number of light commercial vehicles in the region is the key factor behind the significant growth in the market. The fastest adoption rate of new technology and increased consumer spending to propel the growth in the market are the driving factors in the market significantly. Europe is the second-most developing segment in the market due to their skilled automakers, who are well-known for their innovation and advanced technologies. They are early adopters of new technologies, including active grills to enhance vehicle performance and efficiency. Europe has a strong presence of luxury and high-performance car manufacturers.
Significant market demand for customized and high-tech automotive features in European countries (Germany, France, Russia, England, Spain, Italy, and Denmark). European countries have some of the strictest emission standards, and Active Grills help in improving aerodynamics and cooling efficiency. Asia Pacific is the leading segment after North America and Europe due to the larger number of middle-class populations and the increasing number of passenger cars and luxury cars in the region.
Growing economies like China and India are witnessing significant growth in the market. China, Japan, and South Korea have rapidly growing automotive industries. This growth increases the demand for advanced automotive technologies, including active grilles. With rising disposable income and increasing urbanization in the emerging economies, as consumers become more aware of vehicle performance and fuel efficiency, there is a growing demand for advanced features like active grilles. The region being home to many automotive manufacturers is the factor behind the growth in the region.
Key Players
·
Valio
·
SRG Global
·
BATZ
·
S.Coop
·
Tong Yang Group
·
Techniplas
·
Rochling Group
·
Brose Fahrzeugteile GmbH and Co. KG
·
Magna International Inc.
· Other Players