The increase in people’s living standards, rise in per income per capita, and rising desire for technologically sophisticated and fashionable aesthetics are the primary drivers driving the growth of the vehicle grilles market. The advancement of modern technology has increased market competitiveness, and the rising interest in racing and supercars is fueling market expansion. The big leading firms have committed a significant amount of money in investments in r&d in order to provide their customers with modern and fashionable features.
Metal and plastic grilles are the two types of material. Plastic grilles account for the lion’s share of the global market and are predicted to retain their dominance during the forecast period. The government’s strict laws and policies aimed at boosting fuel economy and lowering carbon emissions are compelling vehicle makers to use lightweight materials into diverse applications in order to reduce the total weight of the vehicle. This market dynamic has had little effect on radiator grilles, which have transitioned from metals to plastic materials. The plastic grille not only reduces system weight but also outperforms metal components in terms of function.
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Due to strong expansion in passenger vehicle sales and manufacturing, Asia Pacific has the largest share of the worldwide market in terms of both volume and value. Because of the burgeoning and expanding automotive industries in these nations, developing and also major economies such as China, India, Japan, and South Korea are major contributors to the automotive radiator grille market.
List of Key Players- Automotive Radiator Grille Market
- T-Rex Truck Products
- TPR Co. Ltd.
- Toyoda Gosei
- Street Scenes Auto
- SRG Global
- Samshin Chemicals Co., Ltd.
- Sakae Riken Kogyo Co., Ltd.
- Royalty Core
- Plastic Omnium
- ORACLE LIGHTING
- Magna International
- Lacks Enterprises
- Faltec Co., Ltd.
Automotive Radiator Grille Market Report Highlights
- In October 2019, Toyoda Gosei developed an automotive radiator grille to provide automobiles with a sportier sensation, with a black lustre paint that provides a stunning depth feel. Toyota Motor Corporation employed similar grilles on the limited-edition LEXUS IS F-Sport, which debuted.
- The major automakers are currently investing heavily in these expanding markets to increase their production capacity and create technologically sophisticated and modern features for automobiles in order to meet the rising trend among consumers, particularly the youthful population.
Automotive Radiator Grille Market Segmentation
The research report published by Market Research Strategy contains industry segments, as below-
Automotive Radiator Grille Product Type Outlook (Revenue, USD Million, 2016 – 2027)
- Horizontal Radiator Grille
- Vertical Radiator Grille
- Mesh Grille
Automotive Radiator Grille Material Type Outlook (Revenue, USD Million, 2016 – 2027)
Automotive Radiator Grille Application Outlook (Revenue, USD Million, 2016 – 2027)
- Passenger Car
- Commercial Car
Automotive Radiator Grille Regional Outlook (Revenue, USD Million, 2016 – 2027)
- North America
- Asia Pacific
- South Korea
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa
Table Of Content
1. Automotive Radiator Grille Market Overview
1.1. Product Overview and Scope of Automotive Radiator Grille
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Automotive Radiator Grille Market Size Growth Rate Analysis by Product Type 2020 VS 2027
1.3.1. Horizontal Radiator Grille
1.3.2. Vertical Radiator Grille
1.3.3. Mesh Grille
1.4. Global Automotive Radiator Grille Consumption Comparison by Material Type: 2020 VS 2027
1.5. Global Automotive Radiator Grille Consumption Comparison by Application: 2020 VS 2027
1.5.1. Passenger Car
1.5.2. Commercial Car
1.6. Global Automotive Radiator Grille Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.6.1. North America Automotive Radiator Grille Estimates
1.6.2. Europe Automotive Radiator Grille Estimates
1.6.3. China Automotive Radiator Grille Estimates
1.6.4. Japan Automotive Radiator Grille Estimates
2. Market Competition by Manufacturers
2.1. Global Automotive Radiator Grille Revenue Market Share by Manufacturers (2020)
2.2. Automotive Radiator Grille Market Share by Company Product Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Automotive Radiator Grille Average Price by Manufacturers (2016-2021)….
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