According to Future Market Insights (FMI), the automotive window regulator market is expected to reach US$ 13.7 billion in 2021, growing at a CAGR of 4.5 percent between 2021 and 2031.
Windows are a safety feature in automobiles, and the growing need for innovative automotive electronic components to ensure increased passenger safety is likely to drive the automotive window regulator market over the forecast period.
The ongoing COVID-19 pandemic has had a significant influence on the global economy. Supply chain networks and manufacturing facilities all around the world were completely shut down as a result.
Subsequently lockdown restrictions imposed during the pandemic affected the automotive window regulator market, causing a significant slump in the growth. However, automotive window regulator market is expected to recover as economic activities resume post the containment of pandemic.
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Key Takeaways of Automotive Window Regulator Market Study
- Passenger cars are expected to account for nearly 80% sales in automotive window regulator market.
- On the basis of product type, demand in the automated segment is estimated pick up pace and account for 87% of sales in 2021.
- East Asia will emerge as a highly lucrative market. China is expected to be at the forefront, driving sales of automotive window regulators in East Asia.
- The presence of some of the leading automakers positions Germany as a highly attractive market within Europe.
- Consistently surging passenger vehicle production will enable growth in the U.S.
“Due to frequent use of window regulators in cars, trucks, and industrial vehicles, it has become very important for manufacturers to make high quality window regulators that offer both longevity and reliability. Geographical expansion, partnerships & collaborations and development of innovative technologies are some of the popular growth strategies adopted by market players,” says a Future Market Insights analyst.
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Automotive Window Regulator Market by Category
Product Type:
- Manual
- Automated
Construction Type:
- Cable Type
- Single Rail
- Double Rail
- Arm Type
- Single Arm
- X Arm
Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Sales Channel:
- OEM
- Aftermarket
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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Competitive Landscape
The automotive window regulator market is moderately fragmented, in which the leading players account for nearly half of the market share. The penetration of smaller regional players makes this market more competitive.
Some of the key players in the market are Brose Fahrzeugteile GmbH & CO. Kg, Group Antolin- Irausa SA, Hi- Lex Corporation, Imasen Electric Industrial Co. Ltd., Valeo SA, Magna International, Shiroki Corporation, Robert Bosch GmbH, Continental AG, Kongsberg Automotive, Castellon Automotive, Inteva Products, Johnan Manufacturing, IFB Automotive Pvt Ltd., Tokai Rika and others.
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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