Automotive Grille Market Size, Share & Industry Analysis, By Product (Mesh Automotive Grille., CNC Automotive Grille., Billet Automotive Grille.), By Material Type (Aluminum., Stainless Steel., ABS Plastics.), By End-User (Passenger Cars., Light Commercial Vehicles., Heavy Commercial Vehicles.) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Automotive Grille acts as a protection and cover on the opening of a vehicle to permit the air to exit and enter the automobile. The automotive grille placed in front of the radiator protects the vehicle from road wreckage and unwanted dirt, and it also helps to improve the vehicle’s aesthetic feel. It provides direct air access to the radiator. Automotive grilles are majorly used to maintain the temperature of the radiator. The automotive grills are often modified and customized in the aftermarket.
The need for improved thermal performance, rise in vehicle production, and importance of aerodynamics for increasing fuel efficiency are some of the factors driving the growth of the market. Additionally, the increased demand for electric vehicles around the globe and rapid urbanization are expected to boost the growth of the market. However, the downturn in production caused by COVID-19 during the short term and the semiconductor shortage over the long term will restrain the growth of the market
Key Market Driver -
The increased awareness of improved performance, rise in vehicle production and importance of aerodynamics for increasing fuel efficiency are some of the major drivers for the market.
Key Market Restraint -
the availability of automobiles without grilles are expected to hamper the growth of the market.
Market Segmentation:
The global automotive grille market is segmented by product, material type, vehicle type, and geography. Based on product, the market is further sub-segmented into mesh automotive grille, CNC automotive grille, and billet automotive grille. The billet automotive grille segment is expected to dominate the market during the forecast period. Factors such as the lightweight of the billet grilles, easy machining, and inexpensive cost are expected to drive the growth of the segment. Based on material type, the market is segmented into aluminum, stainless steel, and ABS plastics. The stainless steel segment accounted for the largest share of the market in 2020. Factors such as increased strength, easy availability, and cheaper cost of stainless steel will drive the growth of this segment. Based on vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market during the forecast period. Factors such as increased demand for passenger cars in the countries such as India and China and the rise in custom modification of passenger cars will drive the demand for automotive grilles in this segment.
Key Players:
Major players operating in the global automotive grille market include Westin Automotive, Inc., Putco, T-Rex Grilles, Tata AutoComp Systems, TWp Inc., SRG Global, Dorman Products, ROUSH PERFORMANCE PRODUCTS, GALIO INDIA, Toyoda Gosei, and Karthigeya Group, among others.
Key Insights
- New Advancements in Automotive Grille Market.
- Number of Products, Key Countries, 2020
- New Product Launches, Key Players
Regional Analysis:
Geographically, the global automotive grille market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific held the largest share of the market in 2020. Factors such as high sales of passenger cars in the countries such as China and India, a rise in adoption of commercial electric vehicles, and large aftermarket opportunities in the region will drive the growth of the market. North America is expected to show steady growth during the forecast period. Factors such as the presence of major market players in the region and increased demand for electric vehicles in the region are expected to drive the market growth. Europe is anticipated to exhibit promising growth in the market due to increased concerns regarding vehicular carbon footprint in European countries and increased modification of older vehicles.
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Segmentation
ATTRIBUTES | DETAILS |
By Product |
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By Material Type |
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By End-User |
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By Geography |
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- Ongoing
- 2023
- 2019-2022
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