NEW YORK , July 26, 2024 /PRNewswire/ -- The global automotive active aerodynamics system market size is estimated to grow by USD 38.55 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.
55% during the forecast period. Stringent regulations for emission control increase adoption of active aerodynamics systems is driving market growth, with a trend towards use of advanced active grille shutter systems to reduce co2 emissions from vehicles. However, increased weight and complexity of vehicles poses a challenge.
Key market players include Batz Group, Bayerische Motoren Werke AG, Burelle SA, Ford Motor Co., General Motors Co., HBPO GmbH, Horacio Pagani S p A, Johnson Electric Holdings Ltd.
, Koch Industries Inc., Koenigsegg Automotive AB, Magna International Inc., Mercedes Benz Group AG, Plasman Plastics Inc.
, Polytec Holding AG, Porsche Automobil Holding SE, Rochling SE and Co. KG, SONCEBOZ SA, and Valeo SA. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Market Driver Active aerodynamics systems play a crucial role in modern vehicles by optimizing airflow to the cooling system and engine compartment, reducing emissions and enhancing fuel efficiency.
For instance, open and shut technology opens vents to allow air in when cooling is required, while closing them otherwise. Modern active grille systems offer more operational modes, such as keeping vents closed during.