The Market Reports

Synopsis
The global market for Grille Shutter Actuator was estimated to be worth US$ 669 million in 2024 and is forecast to a readjusted size of US$ 1425 million by 2031 with a CAGR of 11.3% during the forecast period 2025-2031.
A Grille Shutter Actuator is a component in modern vehicles, primarily used as part of an active grille shutter system. This system optimizes the aerodynamic performance and thermal efficiency of the vehicle by automatically opening and closing the grille shutters based on the vehicle's operating conditions.
Consumers and regulatory bodies are increasingly pushing for more fuel-efficient vehicles to reduce both operating costs and carbon footprints. Grille shutter actuators play a significant role in enhancing aerodynamics by automatically adjusting the airflow to the engine based on driving conditions, reducing drag and improving fuel economy.
The shift toward electric vehicles (EVs) and hybrid vehicles is accelerating, and these vehicles often rely on improved thermal management for efficient energy use and battery cooling. Although EVs don't need traditional engine cooling, grille shutters still provide significant advantages in optimizing aerodynamics and energy efficiency.
Governments around the world are introducing stricter emissions regulations to combat climate change. These regulations are pushing automakers to adopt technologies that can reduce CO₂ emissions, such as improved aerodynamics and thermal management systems.
This report aims to provide a comprehensive presentation of the global market for Grille Shutter Actuator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Grille Shutter Actuator by region & country, by Type, and by Application.
The Grille Shutter Actuator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grille Shutter Actuator.
Market Segmentation
By Company
Magna International
Johnson Electric
Valeo
MinebeaMitsumi
MCi (Motion Controls International)
Sonceboz
Keboda Technology
Cebi
KAIT
Fugna Mechatronics
Ronstein Automation Technology
Segment by Type
OEM
Aftermarket
Segment by Application
Passenger Cars
Commercial Vehicles
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Grille Shutter Actuator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Grille Shutter Actuator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Grille Shutter Actuator in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index