Automotive Window Regulator Market Expected to Surpass USD 21.2 Billion by 2031, Driven by 4.5% CAGR | FMI Reports

Automotive Window Regulator Market
Automotive Window Regulator Market

The global automotive window regulator market is projected to surpass USD 21.2 billion by 2031, with a steady compound annual growth rate (CAGR) of 4.5% throughout the forecast period.

The market’s growth is driven by the increasing integration of advanced automated features by automobile manufacturers, highlighting significant advancements in vehicle automation. One notable trend is the shift from manual to automated window regulators, which mirrors the broader evolution within the automotive industry.

Asia Pacific Excluding Japan (APEJ) to Lead the Market

The Asia Pacific Excluding Japan (APEJ) region is expected to remain the largest market for automotive window regulators in terms of volume, with a projected CAGR of 4.4% during the forecast period. In 2017, the APEJ region recorded sales of 211,633 thousand units of automotive window regulators, a figure expected to exceed 300,000 thousand units by 2027.

Furthermore, the Middle East & Africa (MEA) region is anticipated to become the second-most lucrative market for automotive window regulators by the end of 2027, with a forecasted CAGR of 4.3% through 2027.

OEM to Remain the Preferred Sales Channel:

The original equipment manufacturer (OEM) channel is projected to be the dominant sales channel in terms of volume. By the end of 2027, global sales of automotive window regulators through OEMs are expected to approach 500,000 units. Both OEM and aftermarket sales channels are anticipated to expand at a similar rate, with a 3.3% CAGR during the forecast period.

Despite this growth, the aftermarket channel is expected to hold a smaller market share by 2027. This is largely due to the low breakdown and replacement rates of automotive window regulators, as well as consumer preference for maintaining the original equipment in their vehicles.

Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end:
Adoption of automotive window regulator is expected to remain highest in passenger cars, based on vehicle type. Demand for automotive window regulator in passenger cars is expected to reach 530,539 thousand units by 2027-end. In contrast, HCVs are estimated to exhibit lowest demand for automated window regulator during the forecast period.

By construction, cable type automated window regulators will remain preferred in the market. In terms of volume, demand for double rail cable is projected to grow at 3.9% CAGR through 2027.

On the basis of product type, automated window regulators will remain dominant in the market, with their sales projected to exceed 500,000 thousand units by 2027-end. This is attributed to functionality and lightweight characteristics offered by automated window regulators.

In contrast, manual window regulators will witness a sluggish growth in sales during the forecast period. Frequent wear & tear off and complex structure of manual window regulators will impede their demand growth.

In-Depth Market Analysis: A Complete Report

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.

Leading Key Players:

  • Brose Fahrzeugteile GmbH & CO. Kg
  • Grupo Antolin- Irausa SA
  • Hi- Lex Corporation
  • Imasen Electric Industrial Co. Ltd
  • Valeo SA
  • Magna International
  • Shiroki Corporation
  • Continental AG
  • Robert Bosch GmbH
  • Kongsberg Automotive
  • Castellon Automotive
  • Inteva Products
  • Johnan Manufacturing
  • Kuster Holding GmbH
  • IFB Automotive Pvt. Ltd
  • Tokai Rika
  • Aditya Auto Products and Engineering Pvt. Ltd

Automotive Window Regulator Market Segmentation:

By Product Type:

  • Manual
  • Automated

By Construction Type:

  • Cable Type
    • Single Rail
    • Double Rail
  • Arm Type
    • Single Arm
    • X Arm

By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *