Active Grille Shutter Market Scope, Growth, Size and Share by 2028
Active Grille Shutter Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 2.16 Billion |
Market Size by 2028 | US$ 3.09 Billion |
Global CAGR (2021 - 2028) | 5.3% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Propulsion Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Active grille shutter market players mainly focus on market penetration to increase market share.
- In 2022, Wirthwein AG announced the establishment of Xi'an Wirthwein Plastic Technology Co., Ltd. in China. It is the fourth factory of the company in this country; the other three are located in Kunshan and Shenyang.
- In 2022, Techniplas US LLC acquired Nanogate Group (Nanogate), a publicly traded company and prominent manufacturer of highly engineered plastics systems and components.