Global Automotive Active Grille Shutter Market 2020-2024 The analyst has been monitoring the automotive active grille shutter market and it is poised to grow by 2. 13 mn units during 2020-2024 progressing at a CAGR of 3% during the forecast period.
New York, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Active Grille Shutter Market 2020-2024" - https://www.reportlinker.com/p05192425/?utm_source=GNW
Our reports on automotive active grille shutter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the adoption of new or improved emission standards and AGS enables higher fuel efficiency and lower emissions. In addition, increasing government support to promote EVs is anticipated to boost the growth of the market as well.
The automotive active grille shutter market analysis includes the application segment and geographic landscape.
The automotive active grille shutter market is segmented as below:
• Passenger cars
• Commercial vehicles
By Geographic Landscapes
• North America
• South America
This study identifies the development of smart electric actuators for active grille shutters as one of the prime reasons driving the automotive active grille shutter market growth during the next few years. Also, development of shape memory alloy to increase efficiency of vehicles and use of advanced active grille shutter system to reduce CO2 emissions from vehicles will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive active grille shutter market covers the following areas:
• Automotive active grille shutter market sizing
• Automotive active grille shutter market forecast
• Automotive active grille shutter market industry analysis
Read the full report: https://www.reportlinker.com/p05192425/?utm_source=GNW
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