
Middle East & Africa Active Grille Shutter Market
No. of Pages: 96 | Report Code: BMIRE00026980 | Category: Automotive and Transportation
No. of Pages: 96 | Report Code: BMIRE00026980 | Category: Automotive and Transportation
Broadening demand of AGS for super sport car or premium cars
Automakers are opening new manufacturing sites or moving existing ones in growing automotive markets to meet the growing demand for active grille shutter products that are to be required in sports cars or premium cars. Automakers are concentrating on enhancing the quality of these shutters to produce more effective products for luxury and sports cars. These players are expected to benefit from the high-performing and durable items in terms of revenue collection. For instance, the Type 132 sports SUV from Lotus was unveiled in 2021 with an active grille shutter system. Type 132 sports SUV is 1 of the 3 premium electric vehicles planned to be launched by Lotus. The airflow into the cooling radiators of the vehicle is controlled by AGS, which, when closed, the shutters provide smoother airflow and, ultimately, improve overall efficiency.
Market Overview
The active grille shutter market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The UAE is one of the advanced countries in the region, and its government focuses on taking advantage of technologically advanced solutions. The active grille shutter market in Middle East is presently seeing moderate growth. Commercialization and industrialization are predicted to accelerate across the region in the coming years, boosting the expansion of automotive industry.
Middle East & Africa Active Grille Shutter Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Middle East & Africa Active Grille Shutter provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Active Grille Shutter refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Active Grille Shutter Strategic Insights
Middle East & Africa Active Grille Shutter Report Scope
Report Attribute
Details
Market size in 2022
US$ 33.04 Million
Market Size by 2028
US$ 39.21 Million
Global CAGR (2022 - 2028)
2.9%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Propulsion Type
By Vane Type
By Vehicle Type
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Active Grille Shutter Regional Insights
Middle East & Africa Active Grille Shutter Market Segmentation
The Middle East & Africa active grille shutter market is segmented into propulsion type, vane type, vehicle type, and country.
Valeo SA; HBPO GmbH; Magna International Inc.; TECHNIPLAS US LLC; and WIRTHWEIN AG are the leading companies operating in the Middle East & Africa Active Grille Shutter Market in the region.
The Middle East & Africa Active Grille Shutter Market is valued at US$ 33.04 Million in 2022, it is projected to reach US$ 39.21 Million by 2028.
As per our report Middle East & Africa Active Grille Shutter Market, the market size is valued at US$ 33.04 Million in 2022, projecting it to reach US$ 39.21 Million by 2028. This translates to a CAGR of approximately 2.9% during the forecast period.
The Middle East & Africa Active Grille Shutter Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Active Grille Shutter Market report:
The Middle East & Africa Active Grille Shutter Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Active Grille Shutter Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Active Grille Shutter Market value chain can benefit from the information contained in a comprehensive market report.