Active grille shutter is an important part of the products that contributes in the improvement of vehicle aerodynamics and saves energy. The shutters are designed in a way that it can control extreme airflow condition. It opens the air inlet of radiator of the vehicle when the air conditioner set at the highest. The active grille shutter manages to improve the aerodynamic drag coefficient by 9% in an average. In extreme cold weather, it reduces the engine’s warm up times by half.
Valeo SA, Magna International Inc., Röchling SE & Co. KG, SRG Global Inc., and HBPO GmbH – Prominent Market Participants in the Active Grille Shutter Market
The shutters are new technique in the automotive, due to which there are a few challenges related to safety that automobile companies need to consider. For instance, automobile manufacturers need to ensure that active grille shutter does not get stuck in such a way that it cannot hamper the performance of the vehicle or cause the engine to overheat. The automobile manufacturers need to install active grille shutter in the early stage of vehicle manufacturing. BMW, Ford UK, and Rolls Royce are among the prominent vehicle manufacturing companies. The companies are implementing active grille shutters in their vehicles. In November 2021, Continental launched new active grille shutters for Ford and Crysler models.
Valeo SA, Magna International Inc., Röchling SE & Co. KG, SRG Global, and HBPO GmbH are some of the key market players operating in the global active grille shutter market. The listing of key players is derived by considering multiple factors such as overall revenue, current active grille shutter product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the active grille shutter ecosystems which were studies analyzed during the course of this market research study.
Most of the market initiatives were observed in APAC and Europe region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2021 | Continental AG launched a new line of active grille shutters for direct replacements on Ford and Chrysler vehicles | North America |
| 2022 | Magna announced the opening of a new plant in Kechnec, Solvakia to expand its ADAS and electrification footprint. | Europe |
