Automotive Glass Regulator Market To Hit $8 Billion By

New York, United States, June 13, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “automotive window regulator market Analysis by Type (automatic, semi-automatic and manual), by Technology (single arm, X-arm and others), by propulsion (ICE vehicle and electric vehicle), by sales channel (OEM and aftermarket), by Vehicle Type (car passenger and commercial vehicle) and region – Forecast until 2027″ the evaluation is about to reach USD 8 billion by 2027, registering a CAGR of 5% throughout the forecast period (2020-2027).

Automotive Window Regulator Market Overview

The booming automobile industry, the growing need for passenger cars in emerging economies, advancements in infrastructure, the use of high-level components in new automobiles that have led to extended repair intervals as well as a reduction in outages will provide strong opportunities for the market during the forecast. period.

Scope of Automotive Window Regulators Market Report:

Report metric Details
Market size $8 billion
CAGR 5%
Year of reference 2019
Forecast period 2020-2027
Historical data 2018
Forecast units Value (USD billion)
Report cover Revenue forecasts, competitive landscape, growth factors and trends
Segments Covered Type, technology, vehicle type and region
Geographical areas covered North America, Europe, Asia-Pacific and Rest of the World (RoW)
Main suppliers Brose Fahrzeugteile SE & Co. KG, Valeo Service, SHIROKI, Grupo Antolin, Dura Automotive Systems, WONH Industries co, ltd., TRAC Auto Transmission, KUSTER Holding GmbH, Shanghai SIIC Transportation, HI-LEX Corporation, Inteva Products and Johnan Manufacturing Inc .
Key market opportunities A booming automotive industry to provide strong opportunities
Key Market Drivers Demand for high-performance cars with comfort and value-added features to drive the growth of the automotive window regulators market

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Drivers

Demand for high performance cars with comfort and value added features to drive market growth

The demand for high performance cars with different comfort and value added features will drive the market growth over the forecast period. Power windows, for example, have recently grown in popularity, becoming standard equipment in almost all vehicles. Since window regulators are an essential component of power window systems, the growing adoption of passenger vehicles globally will drive the growth of the market.

Lack of qualified operator to act as market restriction

Lack of skilled operators and low sustainability may act as market restraints during the forecast period.

High price may act as market challenge

The high price of automotive window regulator may pose a challenge for the market during the forecast period.

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Automotive Window Regulator Market Segments

The automotive window regulator market is split based on type, technology, propulsion, sales channel and construction.

By type, automatic will dominate the market over the forecast period. This is due to the functionality and lightness of automated window regulators.

By technology, single arm will dominate the market over the forecast period.

By propulsion, the automotive window regulator market is segmented into electric vehicle and ICE vehicle.

By sales channel, OEM will spearhead the market during the forecast period.

By construction, the cable type will have the lion’s share in the market over the forecast period. The cable-type segment is expected to exhibit increased market growth owing to its compact size and lighter weight, which results in lower overall car weight, improving vehicle efficiency and reducing emissions.

By vehicle type, passenger cars will dominate the market over the forecast period. Passenger cars are expected to capture a significant share of the market due to public use and a rapid increase in sales of compact and subcompact cars. Passenger car manufacturers are improving features and services to attract more customers.

Automotive Window Regulator Market Regional Analysis

APAC will influence the automotive window regulator market

Due to the growing need for cars in emerging economies like India and China, Asia-Pacific is expected to gain significant market share. Additionally, strengthening economy and increasing purchasing power of end users in this region is expected to drive the market growth. Additionally, the presence of major manufacturers in the region, such as Japan’s Shiroki Corporation, Brose, Technico Industries, and Hi Lex, has helped drive up the demand for the products. Due to the high increase in automobile sales in the region, the market share in this region is expected to account for a major share of the global market by 2028.

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The growing acceptance of enhanced automotive safety systems in passenger vehicles and SUVs, such as one-touch comfort features and other convenience features, is a significant factor driving automotive window regulator sales in the region. China and India are vital markets for automakers due to their growing populations and increased demand for personal automobiles. Regional banks and financial institutions offer a variety of financing programs to the general public, making it easier to buy a car. Due to the densely populated countries in the region, Asia-Pacific holds a major share of the automotive window regulator market.

Some of the key market trends include growing vehicle population in the Asia-Pacific region, rising disposable income in various developing countries, and ongoing technological advancements in automotive components. Due to growing demand for cars in emerging economies like India and China, Asia-Pacific is expected to gain significant market share. Additionally, strengthening economy and increasing purchasing power of end users in this region is expected to drive the market growth.

Due to their growing population and increased demand for personal vehicles, India and China are important markets for automakers. Also, most banks and financial institutions offer various loan programs, allowing individuals to own a car. These factors are likely to support the growth of the APAC market. People in this region, on the other hand, are turning to power windows because of their improved functionality. This is expected to limit the market growth in APAC.

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COVID-19 analysis

Travel restrictions imposed by governing bodies around the world have had a significant impact on the need for automotive glass regulators in vehicles. Additionally, semiconductor makers reported price swings, mostly due to interrupted supply chain operations. Additionally, the halt in the development of self-driving cars has resulted in a low need for automotive window regulators. Due to several delays and postponements of planned testing activities to monitor, analyze, present and provide performance insights using various technologies such as machine learning and data analytics, software development has been temporarily discontinued. All of the factors that have contributed to the disruption of supply chain operations have influenced the prices of these systems, putting additional pressure on automakers and OEMs.

Automotive Window Regulator Market Competitive Analysis

The Dominant Key Players in the Automotive Covered Window Regulator Market are:

  • Brose Fahrzeugteile SE & Co. KG
  • Valeo Service
  • SHIROKI
  • Antolin Group
  • Dura Automotive Systems
  • WONH Industries co ltd.
  • TRAC automatic transmission
  • KUSTER Holding GmbH
  • Shanghai SIIC Transportation
  • HI-LEX Corporation
  • Interva products
  • Johnan Manufacturing Inc.

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