During the projection period, a strong 4.5% CAGR is predicted for demand in the automotive window regulator market size. According to Future Market Insights (FMI), the market will be worth more than $21.2 billion in 2031.
The increased propensity of international manufacturers to outfit their vehicles with a variety of automated capabilities has led to many developments in vehicle automation. Automatic window regulators are progressively taking the place of manual ones in the current automobile industry.
APEJ will continue to be the leading market for car window regulators. The largest market for automotive window regulators in terms of volume is expected to remain Asia Pacific Excluding Japan (APEJ), which is projected to expand at a 4.4% CAGR over the course of the forecast period. Automobile window regulator sales in the APEJ are projected to reach 211,633 thousand units in 2017 and would likely reach close to 300,000 units by 2027.
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Middle East & Africa (MEA) is predicted to rank as the second-most lucrative region in the market by the end of 2027. The MEA automotive window regulator market is projected to expand at a 4.3% CAGR through 2027.
OEM will remain the market’s preferred sales channel in terms of volume. It is expected that OEM will have sold about 500,000 car window regulators globally by the end of 2027. Over the course of the projected period, it is anticipated that the volume of OEM and Aftermarket sales channels would increase simultaneously at a 3.3% CAGR.
By 2027, the aftermarket sales channel is anticipated to have a small market share. This is mostly related to a low replacement rate, low breakdown rate, and consumer preference for sticking with the factory-installed automotive window regulator.
Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end
Depending on the kind of vehicle, the adoption of automotive window regulators is anticipated to continue being highest in passenger automobiles. By the end of 2027, 530,539 thousand units of automotive window regulators are anticipated to be in demand for use in passenger cars. The predicted period is expected to see the lowest demand for automated window regulators in HCVs.
By design, automated window regulators with cables will continue to be more popular. Through 2027, the demand for double rail cable is anticipated to increase in volume at a 3.9% CAGR.
Automated window regulators will continue to dominate the market in terms of product type, with sales expected to reach over 500,000 units by the end of 2027. This is explained by the functionality and portability provided by automated window regulators.
In comparison, sales of manual window regulators will only expand slowly over the projection period. The expansion of their demand will be hampered by the manual window regulators’ frequent wear and tear off and complicated structure.
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Increasing Demand for Personal Vehicles to Sustain Market Growth in APEJ
India and China are prominent markets for car manufacturers owing to growing population and increasing need for personal vehicles. In addition, many banks and financial institutes are offering various loan schemes, making it easy for people to own a car. These factors are expected to sustain market growth in APEJ. In contrast, people in this region are shifting toward power window regulator, owing to their better functionality. This is estimated to restrain growth of the market in APEJ.
Demand for aftermarket is witnessing a surge in MEA, owing to absence of manufacturing plants in this region. GCC countries import cars form other regions for sale. Increasing consumer dependence on aftermarket is projected to fuel market growth in MEA. In contrast, factors such as political unrest and sluggish demand for automotive industry are expected to impede market growth in MEA during the forecast period.
Key market players identified in FMI’s report include:
Brose Fahrzeugteile GmbH & Co.KG, Grupo Antolin Irausa S.A., Hi-Lex Corporation, Imasen Electric Industrial Co. Ltd., Valeo SA, Magna International Inc., Shiroki Corporation, Robert Bosch GmbH, Kongsberg Automotive, Castellon Automotive SA, Johnan Manufacturing Inc., KÜSTER Holding GmbH, IFB Automotive Pvt. Ltd., Aditya Auto and Engineering Pvt. Ltd., Kwangjin Sang Gong Co. Ltd., Futuris Group of Companies.
Automotive Window Regulator Market by Category
Product Type:
- Manual
- Automated
Construction Type:
- Cable Type
- Single Rail
- Double Rail
- 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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