COVID-19 Impact Analysis on Automotive Active Grille Shutter Market during Q1 of 2021| Expected to reach 5.23 Million Units by 2025|Technavio

NEW YORK, April 19, 2021 /PRNewswire/ -- 

The automotive active grille shutter market is expected to grow by 5.23 million units during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automotive active grille shutter market in optimistic, probable, and pessimistic forecast scenarios. 

Enterprises will go through the Response, Recovery, and Renew phases. 
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The automotive active grille shutter market will witness a negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Major Three Automotive Active Grille Shutter Market Participants:

Aisin Seiki Co. Ltd.

Aisin Seiki Co. Ltd. offers a wide lineup of products covering almost every automobile-related field, including Powertrain, Chassis and Vehicle Safety Systems, Body and ICT, and Electronics-related products.

Brose Fahrzeugteile SE and Co. KG

Brose Fahrzeugteile SE and Co. KG offers mechanical, electrical, electronic, and sensor systems such as vehicle comfort, safety, and efficiency.

COMPAGNIE PLASTIC OMNIUM SE

COMPAGNIE PLASTIC OMNIUM SE offers active grille shutters to a vehicle operation, along with the technology being relatively new, which means that an active grille must be factored into the earliest stages of a vehicle design process.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: 
More Details: https://www.technavio.com/report/automotive-active-grille-shutter-market-industry-analysis

Automotive Active Grille Shutter Market 2021-2025: Segmentation

The automotive active grille shutter market is segmented as below:

• Application
• Passenger Cars
• Commercial Vehicles
• Geography
• Europe
• North America
• APAC
• South America
• MEA

The automotive active grille shutter market is driven by the adoption of new or improved emission standards. In addition, the increasing government support to promote EVs is expected to trigger the automotive active grille shutter market toward witnessing a CAGR of almost 7% during the forecast period.

Get more insights about the global trends impacting the future of the automotive active grille shutter market, Request Free Sample @ 
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Market Drivers

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Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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