Report Scope & Overview:
Automotive Grille Market Size was valued at USD 15.51 billion in 2022 and is expected to reach USD 27.05 billion by 2030 and grow at a CAGR of 7.2% over the forecast period 2023-2030.
The automotive grille covers the opening that allows air to enter and exit the car body. The automobile grille, which is put in front of the radiator, shields the front of the car from road debris and also contributes to the vehicle's aesthetic appeal. The vehicle grilles are positioned in front of the radiator to allow free air to flow through it, which helps the radiator maintain its temperature. Custom alterations to car grilles are common in order to improve aerodynamics, provide adequate airflow for vehicle components, and when clients need to change the grille in front of the vehicle.
The entrance allowing air to enter and depart the vehicle's body is covered by an automotive grille. The automotive grille, which is located in front of the radiator, shields the car from road debris while also contributing to its aesthetic appeal. Automotive grilles are normally put in front of the car to allow open-air access to the radiator, which can effectively help the radiator maintain its temperature. Automobile grilles are frequently modified to improve aerodynamics and provide appropriate air passage for the vehicle's internal engine components. Because these automobile grilles are small in weight, they aid in fuel efficiency, resulting in a significant reduction in CO2 emissions.
Improved performance is becoming more widely recognized.
The importance of aerodynamics in fuel efficiency has shifted, and it has proven to be a critical driver.
Improved performance is becoming more widely recognized.
Due to the current slump in the automotive industry, the automotive grille can expect a downturn.
Premium manufacturers' production rates are being slashed on a regular basis.
Many firms are now giving customization options, allowing customers to choose their own designs & shapes.
Major main players' new product launches and R&D.
The availability of inferior solutions is the largest problem for the automobile grille illumination business.
People with little disposable resources are hesitant to invest in automobile additions.
IMPACT OF COVID-19:
Because of the economic recovery in most emerging nations, the market for vehicle grilles is rapidly nearing pre-COVID levels, with a good growth rate expected during the projection period. The frequent suspension of public transportation networks, along with the virus's highly contagious nature, fueled demand for passenger automobiles, resulting in an increase in demand for Automotive Grille items. Unprecedented events, however, as a result of the pandemic's predicted third and subsequent waves, are casting a bleak picture. The goal of this study is to assess the influence of COVID-19 on the future of the Automotive Grille market.
Market, By Material Type:
Based on the Material type segment, the global market has been divided into Aluminum, Stainless Steel, and ABS Plastic. The stainless-steel sector accounted for a substantial portion of the market and is expected to increase at a considerable CAGR in the future years.
Market, By Product:
The global market has been divided into Mesh Automotive Grille, CNC Automotive Grille, and Billet Automotive Grille based on the product segment. In the future years, the billet automotive grille industry is expected to rise at a significant CAGR.
Market, By Vehicle Type:
Based on the vehicle type segment, the global market has been divided into passenger cars, LCV, and HCV. In the coming years, the passenger automobile segment is expected to grow at a high rate. Medium Commercial Vehicles (MCV), Light Commercial Vehicles (LCV), and High Commercial Vehicles (HCV) are the three types of commercial vehicles (HCV).
By Material Type:
CNC Automotive Grille
Billet Automotive Grille
Mesh Automotive Grille
By Vehicle Type:
North America, Europe, Asia-Pacific, and the rest of the world make up the automobile grille market. Asia-Pacific is expected to remain the largest market for vehicle grilles over the forecast period. The rapid development of the automotive sector and increased vehicle production in the region have contributed significantly to the growth of the automotive grille market in the region. The car grille market in North America is expected to account for a significant portion of the massive present vehicle fleet and production clusters in the US. Due to rising worries about vehicle carbon footprint and more modifications of older vehicles, Europe is expected to show promising growth in the market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
T-REX Grille (US), Putco (US), Dorman Products (US), HBPO GmbH (Germany), SRG Global (US), Magna International (Canada), Roush Performance (US), Westin Automotive Products (US), Toyoda Gosei Co, Ltd. (Japan), and Kirin Auto Parts Co, Ltd (China). are some of the affluent competitors with significant market share in the Automotive Grille Market.
Dorman Products (US)-Company Financial Analysis
|Market Size in 2022||US$ 15.51 Billion|
|Market Size by 2030||US$ 27.05 Billion|
|CAGR||CAGR of 7.2% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Material Type (Aluminum, Stainless Steel, ABS Plastic)
• by Product (Mesh Automotive Grille, CNC Automotive Grille, Billet Automotive Grille)
• by Vehicle Type (Passenger cars, LCV, HCV)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||T-REX Grille (US), Putco (US), Dorman Products (US), HBPO GmbH (Germany), SRG Global (US), Magna International (Canada), Roush Performance (US), Westin Automotive Products (US), Toyoda Gosei Co, Ltd. (Japan), and Kirin Auto Parts Co, Ltd (China).|
|Key Drivers||•Improved performance is becoming more widely recognized.
•The importance of aerodynamics in fuel efficiency has shifted, and it has proven to be a critical driver.
|RESTRAINTS||•Due to the current slump in the automotive industry, the automotive grille can expect a downturn.
•Premium manufacturers' production rates are being slashed on a regular basis.
Ans:- The market size is expected to reach USD 23.54 billion by 2028.
Ans:- The stainless-steel segment is expected to see the most significant growth.
Ans:- Asia pacific region is anticipated to be the primary driver of the market.
Ans:- Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, government agencies and NGOs, Trade/Industrial associations, and End-use industries are the stakeholder of this report.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Grille Market Segmentation, by Material Type
8.2 Stainless Steel
8.3 ABS Plastic
9. Global Automotive Grille Market Segmentation, by Product
9.1 Mesh Automotive Grille
9.2 CNC Automotive Grille
9.3 Billet Automotive Grille
10. Global Automotive Grille Market Segmentation, by Vehicle Type
10.1 Passenger cars
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 DURA Automotive Systems,
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 T-REX Grille (US)
12.3 Putco (US)
12.4 Dorman Products (US)
12.5 HBPO GmbH (Germany)
12.6 SRG Global (US)
12.7 Magna International (Canada)
12.8 Roush Performance (US)
12.9 Westin Automotive Products (US)
12.10 Toyoda Gosei Co, Ltd. (Japan)
12.11 Kirin Auto Parts Co, Ltd (China).
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
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