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Middle East & Africa Active Grille Shutter Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Propulsion Type, Vane Type, Vehicle Type

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    Report

  • 96 Pages
  • October 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5689614
UP TO OFF until Mar 31st 2024
The active grille shutter market in Middle East & Africa is expected to grow from US$ 33.04 million in 2022 to US$ 39.21 million by 2028. It is estimated to grow at a CAGR of 2.9% from 2022 to 2028.

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 Segmentation

The Middle East & Africa active grille shutter market is segmented into propulsion type, vane type, vehicle type, and country.
  • Based on propulsion type, the market is sub segmented into ICE and electric. The ICE segment registered the largest market share in 2022.
  • Based on vane type, the market is segmented into horizontal and vertical. The horizontal segment held a larger market share in 2022.
  • Based on vehicle type, the market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicles segment held the largest market share in 2022.
  • Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. Saudi Arabia dominated the market share in 2022.
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.
Frequently Asked Questions about the Middle Eastern & African Active Grille Shutter Market

What is the estimated value of the Middle Eastern & African Active Grille Shutter Market?

The Middle Eastern & African Active Grille Shutter Market was estimated to be valued at $33.04 Million in 2022.

What is the growth rate of the Middle Eastern & African Active Grille Shutter Market?

The growth rate of the Middle Eastern & African Active Grille Shutter Market is 2.9%, with an estimated value of $39.21 Million by 2028.

What is the forecasted size of the Middle Eastern & African Active Grille Shutter Market?

The Middle Eastern & African Active Grille Shutter Market is estimated to be worth $39.21 Million by 2028.

Who are the key companies in the Middle Eastern & African Active Grille Shutter Market?

Key companies in the Middle Eastern & African Active Grille Shutter Market include Valeo SA, HBPO GmbH, Magna International Inc., TECHNIPLAS US LLC and WIRTHWEIN AG.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Active Grille Shutter Market - By Propulsion Type
1.3.2 Middle East & Africa Active Grille Shutter Market - By Vane Type
1.3.3 Middle East & Africa Active Grille Shutter Market - By Vehicle Type
1.3.4 Middle East & Africa Active Grille Shutter Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Active Grille Shutter Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa Active Grille Shutter Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Passenger Vehicles
5.1.2 Burgeoning Demand for Lightweight AGS in Energy-efficient Vehicles
5.2 Market Restraints
5.2.1 Expensive Cost of AGS and Lack of Awareness Among Customers
5.3 Market Opportunities
5.3.1 Burgeoning Demand for AGS for Super Sports Car or Premium Cars
5.4 Future Trends
5.4.1 Growing Adoption of EV and Hybrid EV
5.5 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Active Grille Shutter Market Analysis
6.1 Middle East & Africa Active Grille Shutter Market Overview
6.2 Middle East & Africa Active Grille Shutter Market - Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Active Grille Shutter Market Analysis - by Propulsion Type
7.1 Overview
7.2 Middle East & Africa Active Grille Shutter Market Breakdown, By Propulsion Type
7.3 ICE
7.3.1 Overview
7.3.2 ICE: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Electric
7.4.1 Overview
7.4.2 Electric: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Active Grille Shutter Market Analysis - by Vane Type
8.1 Overview
8.2 Middle East & Africa Active Grille Shutter Market Breakdown, By Vane Type
8.3 Horizontal
8.3.1 Overview
8.3.2 Horizontal: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Vertical
8.4.1 Overview
8.4.2 Vertical: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Active Grille Shutter Market Analysis - by Vehicle Type
9.1 Overview
9.2 Middle East & Africa Active Grille Shutter Market Breakdown, By Vehicle Type
9.3 Passenger Vehicles
9.3.1 Overview
9.3.2 Passenger Vehicles Market Revenue and Forecast to 2028 (US$ Million)
9.4 LCV
9.4.1 Overview
9.4.2 LCV Market Revenue and Forecast to 2028 (US$ Million)
9.5 HCV
9.5.1 Overview
9.5.2 HCV Market Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Active Grille Shutter Market - Country Analysis
10.1 Overview
10.1.1 Middle East & Africa Active Grille Shutter Market Breakdown, By Country
10.1.1.1 South Africa Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa Active Grille Shutter Market Breakdown, By Propulsion Type
10.1.1.1.2 South Africa Active Grille Shutter Market Breakdown, By Vane Type
10.1.1.1.3 South Africa Active Grille Shutter Market Breakdown, By Vehicle Type
10.1.1.2 Saudi Arabia Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia Active Grille Shutter Market Breakdown, By Propulsion Type
10.1.1.2.2 Saudi Arabia Active Grille Shutter Market Breakdown, By Vane Type
10.1.1.2.3 Saudi Arabia Active Grille Shutter Market Breakdown, By Vehicle Type
10.1.1.3 UAE Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE Active Grille Shutter Market Breakdown, By Propulsion Type
10.1.1.3.2 UAE Active Grille Shutter Market Breakdown, By Vane Type
10.1.1.3.3 UAE Active Grille Shutter Market Breakdown, By Vehicle Type
10.1.1.4 Rest of MEA Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA Active Grille Shutter Market Breakdown, By Propulsion Type
10.1.1.4.2 Rest of MEA Active Grille Shutter Market Breakdown, By Vane Type
10.1.1.4.3 Rest of MEA Active Grille Shutter Market Breakdown, By Vehicle Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Development
12. Company Profiles
12.1 Valeo SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 HBPO GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Magna International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Röchling SE & Co. KG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 TECHNIPLAS US LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 WIRTHWEIN AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. Middle East & Africa Active Grille Shutter Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East & Africa Active Grille Shutter Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. South Africa Active Grille Shutter Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ Million)
Table 4. South Africa Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vane Type (US$ Million)
Table 5. South Africa Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ Million)
Table 6. Saudi Arabia Active Grille Shutter Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ Million)
Table 7. Saudi Arabia Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vane Type (US$ Million)
Table 8. Saudi Arabia Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ Million)
Table 9. UAE Active Grille Shutter Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ Million)
Table 10. UAE Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vane Type (US$ Million)
Table 11. UAE Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ Million)
Table 12. Rest of MEA Active Grille Shutter Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ Million)
Table 13. Rest of MEA Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vane Type (US$ Million)
Table 14. Rest of MEA Active Grille Shutter Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ Million)
Table 15. List of Abbreviation
List of Figures
Figure 1. Middle East & Africa Active Grille Shutter Market Segmentation
Figure 2. Middle East & Africa Active Grille Shutter Market Segmentation - By Country
Figure 3. Middle East & Africa Active Grille Shutter Market Overview
Figure 4. ICE Segment held the Largest Share of Active Grille Shutter Market
Figure 5. Saudi Arabia to Show Great Traction During Forecast Period
Figure 6. Middle East & Africa: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Middle East & Africa Active Grille Shutter Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Active Grille Shutter Market - Revenue and Forecast to 2028 (US$ Million)
Figure 1. Middle East & Africa Active Grille Shutter Market Breakdown, By Propulsion Type, 2021 & 2028 (%)
Figure 1. ICE: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
Figure 1. Electric: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
Figure 1. Middle East & Africa Active Grille Shutter Market Breakdown, By Vane Type, 2021 & 2028 (%)
Figure 1. Horizontal: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
Figure 1. Vertical: Active Grille Shutter Market- Revenue and Forecast to 2028 (US$ Million)
Figure 1. Middle East & Africa Active Grille Shutter Market Breakdown, By Vehicle Type, 2021 & 2028 (%)
Figure 1. Passenger Vehicles Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. LCV Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. HCV Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Middle East & Africa Active Grille Shutter Market Breakdown, By Country, 2021 & 2028 (%)
Figure 21. South Africa Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
Figure 22. Saudi Arabia Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. UAE Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of MEA Active Grille Shutter Market, Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Valeo SA
  • HBPO GmbH
  • Magna International Inc.
  • TECHNIPLAS US LLC
  • WIRTHWEIN AG