New York, U.S., May 17, 2022 (GLOBE NEWSWIRE) — Automotive Grille Market Overview:
According to comprehensive research report by Market Research Future (MRFR), the “Automotive Grille Market” information by product type, by material type, by vehicle type, by sales channel and by region – Forecast up to ‘in 2027’ market size to grow at a compound annual growth rate of 7% by 2026.
Scope of Automotive Grille Market:
The automotive grille acts as a cover for the opening that allows air to enter and exit the vehicle body. The grille, located in front of the radiator, protects the vehicle from road debris and contributes to the overall aesthetics of the vehicle. Allowing open-air access to the radiator, automotive grilles are usually mounted at the front of the car, effectively helping the radiator maintain its temperature. The automotive grille in front of the radiator protects the car from road debris and unwanted dirt while contributing to the aesthetic appeal of the vehicle. It allows direct airflow to the radiator. Automotive grilles are mainly used to keep the radiator temperature stable. Automotive grilles are mainly used to keep the radiator temperature stable. In the aftermarket, automotive grilles are frequently modified and customized.
The Dominant Key Players in the Automotive Grill Covered Market are:
- T-REX grille (US)
- Putco (USA)
- Roush Performance (USA)
- Toyoda Gosei Co, Ltd. (Japan)
- Magna International (Canada)
- Westin Automotive Products (US)
- Dorman Products (USA)
- HBPO GmbH (Germany)
- SRG Global (USA)
- Kirin Auto Parts Co, Ltd (China)
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Exclusively encompassed USP market:
Automotive Grille Market Drivers
The manufacturing and sales of automobiles in the global market are expected to boost the sales of automotive grilles. In addition, the car grilles protect the vehicle from external garbage and particles, thus improving the growth of its exterior performance. Customers who own high-end automobiles are more likely to have an effective and adequate automotive grille to protect the radiator from excessive dust, dirt, and debris particles without obstructing the air intake into the vehicle. The increased engagement of new market players has strengthened the willingness of established companies to provide quality items at relatively low prices, attracting customers to these products. Rapid growth in the automotive industry, rapidly increasing sales of passenger cars, and growing awareness of superior performance and the importance of aerodynamics in fuel efficiency will provide many potential prospects for the market. automotive grilles throughout the forecast period.
Automotive Grille Market Constraints:
However, the automotive grille market has some limitations which may hinder the potential growth of the market such as the ease of cars without grilles and the availability of cheap alternatives for the automotive grille. On the other hand, people with low disposable income are unwilling to spend more on vehicle accessories, which may jeopardize the growth of the automotive grille market.
Browse In-Depth Market Research Report (100 Pages) on Automotive Grille Market:
COVID 19 Analysis
Because car grille lighting structures are used in the front of every vehicle, they are developed to enhance the exterior of vehicles. Many well-known companies have taken advantage of car grilles by imprinting their logos on them. The arrangement and orientation of the bars in the grids vary. Some vehicles feature horizontally or vertically oriented bars, while others have hatched bars. Customers can also order custom grills based on their preferences and needs.
Market Segmentation Covered by Research:
Based on product type
In the coming years, the Billet Automotive Grille industry is expected to grow at a considerable CAGR.
By type of material
The stainless steel segment had a considerable share and is expected to grow at a significant CAGR in the coming years.
By type of vehicle
The passenger car segment is expected to grow rapidly over the next few years.
By sales channel
The aftermarket segment is expected to grow at a significant CAGR in the coming years.
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Asia-Pacific is expected to be the major market for automotive grilles during the forecast period. The rapid development of the automotive sector and the increase in vehicle production can be attributed to the rapid growth of the automotive grille market in the region. The car grille market in North America is expected to represent a significant portion of the current huge vehicle fleet and manufacturing clusters in the United States. Factors such as strong passenger car sales in countries like China and India, increasing adoption of commercial electric vehicles, and huge aftermarket prospects in the region will fuel the market expansion. Over the projection period, North America is expected to increase steadily. Presence of key industry players and growing demand for electric vehicles are expected to fuel the expansion of the market. Europe is expected to show promising sales growth due to heightened concerns about the carbon footprint of automobiles in European countries and more modifications to older vehicles.
Reservations for the A8, which will most likely launch in the long-wheelbase variant, are expected to begin soon, ahead of the launch of the facelifted 2022 edition of the A8. The A8, the German automaker’s second introduction to the country this year after the Q7, will battle against the Mercedes-Benz S-Class, BMW 7-Series and Audi’s existing A4 and A6 models. The A8 will be updated internationally in November 2021, with a new interior and new appearance. Redesigned headlights and grille are the most notable exterior changes. New rhomboid-shaped components in the headlights produce a new light projection pattern. In addition, the horizontal slats of the grille have been replaced by vertical slats which, seen from a distance, resemble a mesh.
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