During the projection period, a strong 4.5% CAGR is predicted for demand in the automotive window regulator market. In 2031, the market will be valued more than $21.2 billion, predicts Future Market Insights (FMI).
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.
The aftermarket sales channel is projected to hold a negligible market share by 2027. This is mostly caused by low replacement, breakdown, 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, it is projected that passenger cars would continue to have the highest adoption of automotive window regulators. The market for automotive window regulators for usage in passenger cars is expected to reach 530,539 thousand units by the end of 2027. The demand for automated window regulators in HCVs is anticipated to be at its lowest during the forecasted period.
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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.
Increasing Demand for Personal Vehicles to Sustain Market Growth in APEJ
Due to their expanding populations and growing demand for personal vehicles, India and China are important markets for automobile manufacturers. Additionally, a lot of banks and financial institutions are providing different loan programmes, which makes it simple for people to acquire a car. These elements are anticipated to keep the market growing in APEJ. However, due to their superior performance, power window regulators are becoming more popular in this area. According to estimates, this will slow the market’s expansion in APEJ.
Due to the lack of manufacturing facilities in the MEA, aftermarket demand is increasing. Automobiles are imported for sale by GCC nations. Rising customer reliance on the aftermarket is anticipated to drive market expansion in MEA. Contrarily, elements like political unrest
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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
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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