자동차용 그릴 시장 : 현황 분석 및 예측(2023-2030년)

The automotive grille refers to a prominent component present in the front of most vehicles that consists of a series of openings or meshes, usually made of plastic, metal, or a combination of materials. It primarily serves two essential functions: aesthetic enhancement and functional purpose. In terms of aesthetics, the grille plays a crucial role in defining the vehicle's overall front design and character. Different automobile manufacturers adopt varying grille designs, which often reflect their brand identity and styling cues. Grilles can feature intricate patterns, unique shapes, or signature logos, contributing to the vehicle's visual appeal and brand recognition.

The Automotive Grille Market is expected to grow at a steady CAGR of around 4.13% owing to the growing customization and easy availability of aftermarket automobile products. Furthermore, growing consumer interest in vehicle customization, especially in emerging markets, has boosted the demand for unique grille designs. Aesthetic appeal, personal style, and the desire to stand out are key motivators for consumers. Moreover, automotive manufacturers are increasingly integrating aerodynamic features into their designs to enhance fuel efficiency. Grilles with optimized airflow patterns contribute to reduced drag and improved overall vehicle performance, adding to their demand. In addition to this, grilles not only serve an aesthetic purpose but also protect the engine from debris, such as rocks and road particles. The need for durable and reliable grilles that can endure tough conditions and maintain functionality is a significant driver in the market.

Based on product type, the market is segmented into mesh automotive grille, CNC automotive grille, and billet automotive grille. The mesh automotive grille segment holds the majority of the market share. The primary factor responsible for this high market share includes sleek and sporty aesthetics, where the intricate pattern of interwoven metallic wires or synthetic materials enhances the overall visual appeal of any vehicle, offering a modern and aggressive look. Mesh grilles effortlessly complement various car designs, ranging from sedans to sports cars, contributing to their widespread acceptance among both manufacturers and consumers. Furthermore, mesh grilles excel in terms of airflow and cooling efficiency, providing ample ventilation to the engine compartment. The small openings, characteristic of mesh designs, allow air to pass through, effectively preventing overheating while ensuring optimal engine performance. This feature is particularly valuable for high-performance vehicles or those operating under demanding conditions. In addition to this, mesh automotive grilles are relatively cost-effective compared to their CNC or billet counterparts. The manufacturing process, which involves interweaving materials or using synthetic mesh, often requires less time and resources, making the production costs lower. Factor like these are some of the prominent reasons, why the demand for the mesh grilles is high and also makes them the highest market share holding automotive grilles in the market.

Based on material type, the market is segmented into aluminum, stainless steel, and ABS plastic. The ABS plastic for automotive grilles holds the majority of the market share. ABS plastic grilles are widely regarded for their versatility, cost-effectiveness, and ease of manufacturing. Vehicles with ABS plastic grilles often have a lower overall weight, which can positively impact fuel economy. Moreover, ABS plastic provides designers with ample flexibility to experiment with unique shapes and designs. Although ABS plastic lacks the same level of robustness as aluminum or stainless steel, it remains a popular choice for its balance of affordability and functionality. Furthermore, ABS plastic grilles are often more affordable than aluminum or stainless steel, allowing automakers to reduce production costs without compromising on quality. In addition to this, modern engineering techniques have significantly improved the durability of ABS plastic grilles, making them more resistant to impacts and scratches. This aspect ensures a longer lifespan and better protection for the vehicle's front end. For instance, in June 2023, MBA Polymer UK announced the launch of ABS polymer, which the company claimed contains 95% recycled material and can be used in electronics, automotive manufacturing, and consumer goods.

Based on end-users, the market is segmented into Passenger vehicle holds the majority of the market share. According to industry data, passenger vehicles make up approximately 75% of the global automotive market. This dominance can be attributed to several key factors such as consumer preference and lifestyle where passenger vehicles are primarily designed for personal transportation, catering to the needs of individuals, families, and small groups making them the most sought-after product among consumers. Furthermore, rapid urbanization and the growing earnings of the general population have further strengthened the demand for passenger vehicles in the market. Passenger vehicles are available in a wide range of price points, offering affordability to a broad consumer base. Additionally, many financial institutions provide attractive financing options, making passenger vehicles more accessible to potential buyers. This affordability factor has significantly contributed to the global demand for passenger vehicles. In addition to this, passenger vehicles have been at the forefront of technological advancements, incorporating features like advanced infotainment systems, connectivity options, and advanced driver-assistance systems (ADAS). Integrating these technological features enhances the driving experience, safety, and convenience, further driving up the demand for passenger vehicles.

For a better understanding of the market adoption of automotive grille, the market is analyzed based on its worldwide presence in countries such as North America (The U.S., Canada, and the Rest of North America), Europe (Germany, The U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Asia Pacific is emerging as one of the fastest-growing markets for automotive and automotive-related products. The APAC region has witnessed remarkable economic growth over the years, leading to a surge in disposable income and an expanding middle class. As a result, there is a growing demand for automobiles. Furthermore, APAC is also home to several manufacturing giants, such as Japan, China, South Korea, and India. These countries have established themselves as leading producers of automobiles, both for domestic consumption and international exports. Moreover, urbanization is happening at an unprecedented pace in the APAC region, especially in countries like China and India. As more people migrate to cities, there is an increased need for personal transportation. This urban lifestyle shift plays a significant role in driving the demand for automobiles, thereby boosting the automotive grille market. In addition to this, automotive grilles no longer serve just functional purposes but have evolved into a prominent area of vehicle aesthetics. In the APAC region, where consumers hold high regard for vehicle appearance, the demand for visually appealing and unique grilles has soared. These trends, coupled with a rising number of automotive enthusiasts, contribute to the growing market of automotive grilles in the APAC region.

Some of the major players operating in the market include: Magna International Inc.; T-Rex Truck Products; Westin Automotive Products, Inc.; Putco; Dorman Products; PLASTIC OMNIUM; Faltec Europe Ltd; SRG Global; ROUSH PERFORMANCE PRODUCTS, INC.; and TOYODA GOSEI Co., Ltd.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2 RESEARCH METHODOLOGY OR ASSUMPTION

• 2.1. Research Process of the Automotive Grille Market
• 2.2. Research Methodology of the Automotive Grille Market
• 2.3. Respondent Profile

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE AUTOMOTIVE GRILLE MARKET

6 AUTOMOTIVE GRILLE MARKET REVENUE (USD BN), 2020-2030F.

7 MARKET INSIGHTS BY PRODUCT TYPE

• 7.1. Mesh Automotive Grille
• 7.2. CNC Automotive Grille
• 7.3. Billet Automotive Grille

8 MARKET INSIGHTS BY MATERIAL TYPE

• 8.1. Aluminium
• 8.2. Stainless Steel
• 8.3. ABS Plastic

9 MARKET INSIGHTS BY END-USER

• 9.1. Passenger Car
• 9.2. Light Commercial Vehicle
• 9.3. Heavy Commercial Vehicle

10 MARKET INSIGHTS BY REGION

• 10.1. North America
  • 10.1.1. The U.S.
  • 10.1.2. Canada
  • 10.1.3. Rest of North America
• 10.2. Europe
  • 10.2.1. Germany
  • 10.2.2. The U.K.
  • 10.2.3. France
  • 10.2.4. Italy
  • 10.2.5. Spain
  • 10.2.6. Rest of Europe
• 10.3. Asia-Pacific
  • 10.3.1. China
  • 10.3.2. India
  • 10.3.3. Japan
  • 10.3.4. South Korea
  • 10.3.5. Rest of Asia-Pacific
• 10.4. Rest of the World

11 AUTOMOTIVE GRILLE MARKET DYNAMICS

• 11.1. Market Drivers
• 11.2. Market Challenges
• 11.3. Impact Analysis

12 AUTOMOTIVE GRILLE MARKET OPPORTUNITIES

13 AUTOMOTIVE GRILLE MARKET TRENDS

14 DEMAND AND SUPPLY-SIDE ANALYSIS

• 14.1. Demand Side Analysis
• 14.2. Supply Side Analysis

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

• 16.1. Competitive Landscape
  • 16.1.1. Porters Fiver Forces Analysis

17 COMPANY PROFILED

• 17.1. Magna International Inc.
• 17.2. T-Rex Truck Products
• 17.3. Westin Automotive Products, Inc.
• 17.4. Putco
• 17.5. Dorman Products
• 17.6. PLASTIC OMNIUM
• 17.7. Faltec Europe Ltd
• 17.8. SRG Global
• 17.9. ROUSH PERFORMANCE PRODUCTS, INC.
• 17.10. TOYODA GOSEI Co., Ltd

18 DISCLAIMER