Automotive Power Window Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Automotive Power Window Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Automotive Power Window Market

The automotive power window market size was valued at USD 12.13 billion in 2021, and the market is now projected to grow from USD 12.54 billion in 2022 to USD 16.63 billion by 2029, exhibiting a CAGR of 4.1% during the forecast period of 2022-2029.

The COVID 19 led to prominent production halts in 2020, this was described by OICA president Fu Bingfeng as the worst crisis in the manufacturing business. OICA stated that worldwide production declined by 16 percent reaching 78 million cars and light vehicle possession in 2020 which is the lowest mark since 2010.

The automobile industry in the regional context is expected to have future sales increase because of growth in the middle-class population and improve disposable income. For example, Japan’s auto production it up to 8.13 million units from 8.005 million units a year earlier and the U.S auto production was recorded at 9.4 million units from 8.75 million units in the same period. Production of vehicles in China went up by 8.0% to 26.47 million units of cars. This is due to increased demand for cars for personal as well as fleet use, which provide an indication of market growth in the future.

The main factors that define the market’s development are the process of electrification of vehicles and the growing focus on safety devices. New generation automobile power window systems are being increasingly used in passenger electric cars; hence, automakers are integrating new technologies such as the anti-pinch window system. Furthermore, consumer preferences have started to move from manual operations to either fully automatic or at least semi-automatic due to the increasing tendencies of AVC. It may be expected that such shift will have a positive impact on market growth in future years of the forecast period, driven with constantly growing demand for convenient and safe cars.

Comprehensive Analysis of Automotive Power Window Market

The automotive power window market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly presents a detailed local analysis based on the forces such as supply and demand which define the industry. These segmentations are methodically segregated by vehicle type analysis, and by regulator type analysis. By vehicle type analysis include passenger car and commercial vehicle. By regulator type analysis include cable type and scissor type.

The Asia Pacific region lead the automotive power window market share by benefitting a market size of USD 6.02 billion in 2021 due to advanced technologies in vehicles and propelling sales of passenger cars.

The top players have a significant responsibility in the automotives industry for confirming industrial prospectus growth and determining the market trends. These players include, Aisin Corporation, Grupo Antolin, Brose Fahrzeugteile SE & Co. KG, Denso Corporation, HI-LEX Corporation, Inteva Products, LLC Corporation, Johnan Manufacturing Inc, Magna International Inc., Robert Bosch GmbH, Valeo Group these market players provide a level-playing competitive landscape.

In April 2020, Aisin Corporation of America launched a new window regulator program with over 1,400 SKUs, covering 90% of popular Asian, domestic, and European vehicles.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2018-2029

Base Year 2021

Estimated Year 2022

Forecast Period 2022-2029

Historical Period 2018-2020

Unit Value (USD Billion)

Segmentation By Vehicle Type

Passenger Car

Commercial Vehicle

By Regulator Type

Cable Type

Scissor Type

By Geography

North America (By Vehicle Type and By Regulator Type)

U.S. (By Vehicle Type)

Canada (By Vehicle Type)

Mexico (By Vehicle Type)

Europe (By Vehicle Type and By Regulator Type)

U.K. (By Vehicle Type)

Germany (By Vehicle Type)

France (By Vehicle Type)

Rest of Europe (By Vehicle Type)

Asia Pacific (By Vehicle Type and By Regulator Type)

China (By Vehicle Type)

India (By Vehicle Type)

Japan (By Vehicle Type)

South Korea (By Vehicle Type)

Rest of Asia Pacific (By Vehicle Type)

Rest of the World (By Vehicle Type and By Regulator Type )

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