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.
Numerous advancements in vehicle automation have been made possible by the increased propensity of international automakers to equip their vehicles with a variety of automated capabilities. In the modern vehicle industry, automatic window regulators are quickly replacing manual ones.
For automobile window regulators, the APEJ region will remain the largest market. Asia Pacific Excluding Japan (APEJ) is anticipated to grow at a 4.4% CAGR over the course of the forecast period to become the largest market for automotive window regulators in terms of volume. The APEJ is expected to sell 211,633 thousand car window regulators in 2017, and perhaps close to 300,000 units by 2027.
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By the end of 2027, it is anticipated that the Middle East and Africa (MEA) would be the second-most lucrative market region. From 2017 to 2027, it is expected that the MEA automotive window regulator market will grow at a CAGR of 4.3%.
The market’s preferred sales channel in terms of volume will continue to be OEM. OEM projects that by the end of 2027, 500,000 auto window regulators will have been sold worldwide. The volume of OEM and Aftermarket sales channels is estimated to grow at the same time during the anticipated period at a CAGR of 3.3%.
The aftermarket sales channel is predicted to hold a negligible share of the market by 2027. This is mostly caused by low replacement and breakage rates, as well as user desires to continue using the auto window regulator that the manufacturer installed.
Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end
Depending on the kind of vehicle, it is projected that passenger cars will continue to see the greatest adoption of automotive window regulators. The market for automotive window regulators used in passenger cars is estimated to have sold 530,539 thousand units by the end of 2027. During this period, it is anticipated that demand for automated window regulators in HCVs will be at its lowest.
It’s expected that automatic window regulators with cables will appear more frequently. Through 2027, double rail cable demand is expected to grow in volume at a CAGR of 3.9%.
Automatic window regulators are expected to surpass 500,000 units in sales by the end of 2027, making them the dominant product category on the market. The adaptability and portability that automated window regulators offer help to explain this.
On the other hand, during the projection period, sales of manual window regulators will only modestly grow. Manual window regulators’ intricate design and frequent wear and tear will impede market expansion.
Increasing Demand for Personal Vehicles to Sustain Market Growth in APEJ
India and China are significant markets for automakers due to their burgeoning populations and rising demand for personal vehicles. Additionally, a variety of financing programmes are offered by numerous banks and financial institutions, which makes it easier for people to buy a car. These factors should maintain market expansion in APEJ. However, power window regulators are becoming more used in this region due to their improved performance. Estimates predict that this will slow the market’s growth in APEJ.
The MEA’s lack of production facilities is increasing aftermarket demand. GCC countries import automobiles to sell. Market expansion in MEA is predicted to be fueled by increasing customer reliance on the aftermarket. On the other hand, it’s expected that throughout the projection period, problems including political unrest and sluggish demand in the automotive sector will impede market progress in MEA.
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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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